V89: what changed
Two fiscal 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.
V89
Largest movements
- Tangible fixed assets -€70,698
down €70,698 (-6.6%), from €1.1m to €999,922
of which Land and buildings: -€68,781
- Debts after one year -€99,015
down €99,015 (-7.5%), from €1.3m to €1.2m
- Profit (loss) carried forward +€72,685
up €72,685 (+50.5%), from -€144,058 to -€71,373
- Trade debts -€38,442
down €38,442 (-41.0%), from €93,744 to €55,302
- Other operating charges -€46,113
down €46,113 (-98.8%), from €46,651 to €538
- Purchases and services -€22,253
down €22,253 (-54.2%), from €41,038 to €18,785
- Gross operating margin +€18,789
up €18,789 (+10.5%), from €178,119 to €196,909
- Turnover -€2,850
down €2,850 (-1.3%), from €218,544 to €215,694
- Financial charges +€2,484
up €2,484 (+5.1%), from €48,614 to €51,098
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.
Cash bridge derived
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 | €1,382,890 | €1,322,144 | -€60,746 | -4.4% |
| Fixed assets | 21/28 | €1,070,620 | €999,922 | -€70,698 | -6.6% |
| Tangible fixed assets | 22/27 | €1,070,620 | €999,922 | -€70,698 | -6.6% |
| Land and buildings | 22 | €1,062,748 | €993,966 | -€68,781 | -6.5% |
| Plant, machinery and equipment | 23 | €6,180 | €4,821 | -€1,358 | -22.0% |
| Furniture and vehicles | 24 | €1,693 | €1,135 | -€558 | -33.0% |
| Current assets | 29/58 | €312,270 | €322,222 | +€9,952 | +3.2% |
| Amounts receivable within one year | 40/41 | €305,635 | €314,668 | +€9,034 | +3.0% |
| Trade receivables | 40 | €76,836 | €65,988 | -€10,847 | -14.1% |
| Other amounts receivable | 41 | €228,799 | €248,680 | +€19,881 | +8.7% |
| Cash at bank and in hand | 54/58 | €5,582 | €7,553 | +€1,971 | +35.3% |
| Deferred charges and accrued income | 490/1 | €1,053 | - | -€1,053 | |
| Total equity and liabilities | 10/49 | €1,382,890 | €1,322,144 | -€60,746 | -4.4% |
| Equity | 10/15 | -€124,058 | -€51,373 | +€72,685 | +58.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,058 | -€71,373 | +€72,685 | +50.5% |
| Amounts payable | 17/49 | €1,506,948 | €1,373,517 | -€133,431 | -8.9% |
| Amounts payable after more than one year | 17 | €1,316,829 | €1,217,814 | -€99,015 | -7.5% |
| Financial debts | 170/4 | €1,316,829 | €1,217,814 | -€99,015 | -7.5% |
| Amounts payable within one year | 42/48 | €190,119 | €155,703 | -€34,415 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €95,360 | €99,015 | +€3,655 | +3.8% |
| Trade debts | 44 | €93,744 | €55,302 | -€38,442 | -41.0% |
| Suppliers | 440/4 | €93,744 | €55,302 | -€38,442 | -41.0% |
| Taxes, remuneration and social security | 45 | €133 | €133 | = | 0.0% |
| Taxes | 450/3 | €133 | €133 | = | 0.0% |
| Other amounts payable | 47/48 | €882 | €1,253 | +€371 | +42.1% |
| Turnover | 70 | €218,544 | €215,694 | -€2,850 | -1.3% |
| Non-recurring operating income | 76A | €613 | - | -€613 | |
| Goods, raw materials, services and sundry goods | 60/61 | €41,038 | €18,785 | -€22,253 | -54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,649 | €72,594 | -€1,055 | -1.4% |
| Other operating charges | 640/8 | €46,651 | €538 | -€46,113 | -98.8% |
| Non-recurring operating charges | 66A | €42,745 | - | -€42,745 | |
| Gross operating margin | 9900 | €178,119 | €196,909 | +€18,789 | +10.5% |
| Operating profit (loss) | 9901 | €15,074 | €123,777 | +€108,703 | +721.1% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €48,614 | €51,098 | +€2,484 | +5.1% |
| Recurring financial charges | 65 | €48,614 | €51,098 | +€2,484 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,540 | €72,685 | +€106,224 | |
| Profit (loss) for the period | 9904 | -€33,540 | €72,685 | +€106,224 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,540 | €72,685 | +€106,224 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.