VICTORIA B: 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.
VICTORIA B
Largest movements
- Deferred charges and accrued income -€17,500
down €17,500 (-53.8%), from €32,500 to €15,000
- Stocks and contracts +€15,500
new in 2024: €15,500
- Tangible fixed assets -€1,640
down €1,640 (-9.7%), from €16,962 to €15,322
of which Furniture and vehicles: -€1,056
- Current investments -€924
no longer reported in 2024 (was €924)
- Receivables within one year -€760
down €760 (-3.7%), from €20,523 to €19,763
of which Trade receivables: -€3,890
- Profit (loss) carried forward -€5,467
down €5,467 (-20.2%), from -€27,019 to -€32,486
- Trade debts -€3,401
down €3,401 (-60.9%), from €5,586 to €2,185
- Other debts +€3,070
up €3,070 (+3.5%), from €88,783 to €91,853
- Gross operating margin -€11,201
down €11,201, from €8,299 to -€2,902
- Depreciation -€1,634
down €1,634 (-49.9%), from €3,274 to €1,640
- Financial charges +€345
up €345 (+80.2%), from €430 to €775
- Other operating charges +€100
up €100 (+200%), from €50 to €150
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 | €72,350 | €66,552 | -€5,798 | -8.0% |
| Fixed assets | 21/28 | €16,962 | €15,322 | -€1,640 | -9.7% |
| Tangible fixed assets | 22/27 | €16,962 | €15,322 | -€1,640 | -9.7% |
| Plant, machinery and equipment | 23 | €906 | €322 | -€584 | -64.5% |
| Furniture and vehicles | 24 | €1,056 | - | -€1,056 | |
| Other tangible fixed assets | 26 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €55,388 | €51,230 | -€4,158 | -7.5% |
| Stocks and contracts in progress | 3 | - | €15,500 | +€15,500 | |
| Stocks | 30/36 | - | €15,500 | +€15,500 | |
| Amounts receivable within one year | 40/41 | €20,523 | €19,763 | -€760 | -3.7% |
| Trade receivables | 40 | €15,519 | €11,629 | -€3,890 | -25.1% |
| Other amounts receivable | 41 | €5,004 | €8,134 | +€3,130 | +62.5% |
| Current investments | 50/53 | €924 | - | -€924 | |
| Cash at bank and in hand | 54/58 | €1,441 | €967 | -€474 | -32.9% |
| Deferred charges and accrued income | 490/1 | €32,500 | €15,000 | -€17,500 | -53.8% |
| Total equity and liabilities | 10/49 | €72,350 | €66,552 | -€5,798 | -8.0% |
| Equity | 10/15 | -€22,019 | -€27,486 | -€5,467 | -24.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,019 | -€32,486 | -€5,467 | -20.2% |
| Amounts payable | 17/49 | €94,369 | €94,038 | -€331 | -0.4% |
| Amounts payable within one year | 42/48 | €94,369 | €94,038 | -€331 | -0.4% |
| Trade debts | 44 | €5,586 | €2,185 | -€3,401 | -60.9% |
| Suppliers | 440/4 | €5,586 | €2,185 | -€3,401 | -60.9% |
| Other amounts payable | 47/48 | €88,783 | €91,853 | +€3,070 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,274 | €1,640 | -€1,634 | -49.9% |
| Other operating charges | 640/8 | €50 | €150 | +€100 | +200% |
| Gross operating margin | 9900 | €8,299 | -€2,902 | -€11,201 | |
| Operating profit (loss) | 9901 | €4,975 | -€4,692 | -€9,667 | |
| Financial charges | 65/66B | €430 | €775 | +€345 | +80.2% |
| Recurring financial charges | 65 | €430 | €775 | +€345 | +80.2% |
| Profit (loss) for the period before taxes | 9903 | €4,545 | -€5,467 | -€10,012 | |
| Profit (loss) for the period | 9904 | €4,545 | -€5,467 | -€10,012 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,545 | -€5,467 | -€10,012 |
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 16 October 2026 via checked.be.