TWELVE LOUNGE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TWELVE LOUNGE
Largest movements
- Financial fixed assets +€7,767
new in 2024: €7,767
- Receivables within one year -€5,586
down €5,586 (-9.4%), from €59,591 to €54,005
of which Other amounts receivable: -€11,565
- Profit (loss) carried forward +€17,558
up €17,558 (+86.5%), from €20,294 to €37,852
- Tax, wage and social debts -€12,474
down €12,474 (-74.4%), from €16,755 to €4,281
- Trade debts -€11,470
down €11,470 (-75.4%), from €15,220 to €3,750
- Revaluation surpluses +€7,767
new in 2024: €7,767
- Taxes -€7,555
no longer reported in 2024 (was €7,555)
- Gross operating margin +€3,035
up €3,035 (+10.0%), from €30,220 to €33,255
- Depreciation +€593
up €593 (+7.6%), from €7,767 to €8,360
- Other operating charges +€427
up €427 (+854%), from €50 to €477
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,879 | €85,260 | +€1,381 | +1.6% |
| Fixed assets | 21/28 | €23,488 | €31,255 | +€7,767 | +33.1% |
| Intangible fixed assets | 21 | €22,080 | €22,080 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,408 | €1,408 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,408 | €1,408 | = | 0.0% |
| Financial fixed assets | 28 | - | €7,767 | +€7,767 | |
| Current assets | 29/58 | €60,391 | €54,005 | -€6,386 | -10.6% |
| Amounts receivable within one year | 40/41 | €59,591 | €54,005 | -€5,586 | -9.4% |
| Trade receivables | 40 | €33,555 | €39,534 | +€5,979 | +17.8% |
| Other amounts receivable | 41 | €26,036 | €14,471 | -€11,565 | -44.4% |
| Cash at bank and in hand | 54/58 | €800 | - | -€800 | |
| Total equity and liabilities | 10/49 | €83,879 | €85,260 | +€1,381 | +1.6% |
| Equity | 10/15 | €51,904 | €77,229 | +€25,325 | +48.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | - | €7,767 | +€7,767 | |
| Reserves | 13 | €19,210 | €19,210 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,350 | €17,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,294 | €37,852 | +€17,558 | +86.5% |
| Amounts payable | 17/49 | €31,975 | €8,031 | -€23,944 | -74.9% |
| Amounts payable within one year | 42/48 | €31,975 | €8,031 | -€23,944 | -74.9% |
| Trade debts | 44 | €15,220 | €3,750 | -€11,470 | -75.4% |
| Suppliers | 440/4 | €15,220 | €3,750 | -€11,470 | -75.4% |
| Taxes, remuneration and social security | 45 | €16,755 | €4,281 | -€12,474 | -74.4% |
| Taxes | 450/3 | €16,755 | €4,281 | -€12,474 | -74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,767 | €8,360 | +€593 | +7.6% |
| Other operating charges | 640/8 | €50 | €477 | +€427 | +854% |
| Gross operating margin | 9900 | €30,220 | €33,255 | +€3,035 | +10.0% |
| Operating profit (loss) | 9901 | €22,403 | €24,418 | +€2,015 | +9.0% |
| Financial charges | 65/66B | €477 | €477 | = | 0.0% |
| Recurring financial charges | 65 | €477 | €477 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €21,926 | €23,941 | +€2,015 | +9.2% |
| Income taxes | 67/77 | €7,555 | - | -€7,555 | |
| Profit (loss) for the period | 9904 | €14,371 | €23,941 | +€9,570 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,371 | €23,941 | +€9,570 | +66.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.