VEILINGHUIS LOECKX: 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.
VEILINGHUIS LOECKX
Largest movements
- Tangible fixed assets -€87,103
down €87,103 (-44.0%), from €198,110 to €111,007
of which Land and buildings: -€85,190
- Cash -€29,645
down €29,645 (-18.1%), from €163,743 to €134,099
mainly Net result for the year (-€66,137) and Receivables within one year (-€19,319)
- Receivables within one year +€19,319
up €19,319 (+8.6%), from €223,369 to €242,688
of which Other amounts receivable: +€39,380
- Deferred charges and accrued income +€7,283
new in 2024: €7,283
- Profit (loss) carried forward -€66,137
down €66,137 (-44.1%), from €150,043 to €83,906
- Tax, wage and social debts -€16,892
down €16,892 (-51.4%), from €32,845 to €15,952
of which Taxes: -€14,074
- Current portion of long-term debt -€7,800
no longer reported in 2024 (was €7,800)
- Gross operating margin -€36,600
down €36,600 (-46.5%), from €78,652 to €42,053
- Staff costs -€19,989
down €19,989 (-51.3%), from €38,984 to €18,996
- Depreciation -€15,694
down €15,694 (-35.1%), from €44,661 to €28,967
- Taxes -€13,790
new in 2024: -€13,790
- Financial income -€1,816
down €1,816 (-59.2%), from €3,069 to €1,252
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 | €603,313 | €513,167 | -€90,146 | -14.9% |
| Fixed assets | 21/28 | €198,200 | €111,097 | -€87,103 | -43.9% |
| Tangible fixed assets | 22/27 | €198,110 | €111,007 | -€87,103 | -44.0% |
| Land and buildings | 22 | €158,941 | €73,751 | -€85,190 | -53.6% |
| Plant, machinery and equipment | 23 | €21,396 | €19,167 | -€2,229 | -10.4% |
| Furniture and vehicles | 24 | €17,774 | €18,090 | +€316 | +1.8% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €405,112 | €402,070 | -€3,043 | -0.8% |
| Amounts receivable within one year | 40/41 | €223,369 | €242,688 | +€19,319 | +8.6% |
| Trade receivables | 40 | €109,175 | €89,114 | -€20,061 | -18.4% |
| Other amounts receivable | 41 | €114,195 | €153,574 | +€39,380 | +34.5% |
| Current investments | 50/53 | €18,000 | €18,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €163,743 | €134,099 | -€29,645 | -18.1% |
| Deferred charges and accrued income | 490/1 | - | €7,283 | +€7,283 | |
| Total equity and liabilities | 10/49 | €603,313 | €513,167 | -€90,146 | -14.9% |
| Equity | 10/15 | €548,250 | €482,113 | -€66,137 | -12.1% |
| Contributions | 10/11 | €189,592 | €189,592 | = | 0.0% |
| Reserves | 13 | €208,615 | €208,615 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,784 | - | -€2,784 | |
| Reserves not available under the articles | 1311 | €2,784 | - | -€2,784 | |
| Distributable reserves | 133 | €205,831 | €208,615 | +€2,784 | +1.4% |
| Profit (loss) carried forward | 14 | €150,043 | €83,906 | -€66,137 | -44.1% |
| Amounts payable | 17/49 | €55,063 | €31,053 | -€24,009 | -43.6% |
| Amounts payable within one year | 42/48 | €55,063 | €31,053 | -€24,009 | -43.6% |
| Current portion of amounts payable after more than one year | 42 | €7,800 | - | -€7,800 | |
| Trade debts | 44 | €14,419 | €15,101 | +€683 | +4.7% |
| Suppliers | 440/4 | €14,419 | €15,101 | +€683 | +4.7% |
| Taxes, remuneration and social security | 45 | €32,845 | €15,952 | -€16,892 | -51.4% |
| Taxes | 450/3 | €29,840 | €15,766 | -€14,074 | -47.2% |
| Remuneration and social security | 454/9 | €3,005 | €186 | -€2,818 | -93.8% |
| Non-recurring operating income | 76A | €2,326 | €7,000 | +€4,673 | +201% |
| Remuneration, social security and pensions | 62 | €38,984 | €18,996 | -€19,989 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,661 | €28,967 | -€15,694 | -35.1% |
| Other operating charges | 640/8 | €3,072 | €2,257 | -€815 | -26.5% |
| Non-recurring operating charges | 66A | - | €72,571 | +€72,571 | |
| Gross operating margin | 9900 | €78,652 | €42,053 | -€36,600 | -46.5% |
| Operating profit (loss) | 9901 | -€8,065 | -€80,737 | -€72,672 | -901% |
| Financial income | 75/76B | €3,069 | €1,252 | -€1,816 | -59.2% |
| Recurring financial income | 75 | €3,069 | €1,252 | -€1,816 | -59.2% |
| Financial charges | 65/66B | €1,077 | €441 | -€636 | -59.0% |
| Recurring financial charges | 65 | €1,077 | €441 | -€636 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,074 | -€79,926 | -€73,853 | -1,216% |
| Income taxes | 67/77 | - | -€13,790 | -€13,790 | |
| Profit (loss) for the period | 9904 | -€6,074 | -€66,137 | -€60,063 | -989% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,074 | -€66,137 | -€60,063 | -989% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.