W.BLOCKEN: 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.
What changed
W.BLOCKEN
NACE 55.209, Other holiday and short-stay accommodation
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€111,455
2023 · -€114,433+€2,978
Equity
€3.0m
2023 · €3.2m-€111,455
Cash
€248,653
2023 · €286,641-€37,987
Balance sheet total
€8.9m
2023 · €9.3m-€438,709
Largest movements
Assets
- Tangible fixed assets -€343,926
down €343,926 (-4.3%), from €8.0m to €7.7m
of which Land and buildings: -€294,400
Equity and liabilities
- Current portion of long-term debt -€164,302
no longer reported in 2024 (was €164,302)
- Debts after one year -€154,010
down €154,010 (-6.2%), from €2.5m to €2.3m
of which Financial debts: -€154,010
- Reserves -€115,472
down €115,472 (-4.5%), from €2.6m to €2.5m
of which Tax-exempt reserves: -€115,472
Income statement
- Gross operating margin +€30,389
up €30,389 (+10.9%), from €279,349 to €309,739
- Financial charges +€24,696
up €24,696 (+72.5%), from €34,083 to €58,779
- Depreciation -€20,277
down €20,277 (-5.6%), from €364,203 to €343,926
- Write-downs +€16,183
up €16,183 (+128%), from €12,662 to €28,845
- Other operating charges +€3,698
up €3,698 (+8.1%), from €45,818 to €49,516
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.
Result 2023
-€114,433
Gross operating margin
+€30,389
Depreciation
+€20,277
Write-downs
-€16,183
Other operating charges
-€3,698
Financial income
-€3,092
Financial charges
-€24,696
Taxes
-€20
Result 2024
-€111,455
raises the resultlowers the result
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.
From operations
+€205,335
Investment
€0
Financing
-€243,322
Cash 2023
€286,641
From operations (derived)
+€205,335
Net result for the year
-€111,455
Depreciation
+€343,926
Receivables within one year
-€23,576
Deferred charges and accrued income
+€80,372
Provisions
-€48,504
Trade debts
+€9,189
Tax, wage and social debts
+€774
Advances received
-€7,158
Other debts
-€58,907
Accrued charges and deferred income
+€20,674
Financing
-€243,322
Debts after one year
-€154,010
Current portion of long-term debt
-€164,302
Short-term financial debts
+€74,990
Cash 2024
€248,653
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,312,646 | €8,873,937 | -€438,709 | -4.7% |
| Fixed assets | 21/28 | €8,400,832 | €8,056,906 | -€343,926 | -4.1% |
| Tangible fixed assets | 22/27 | €8,023,072 | €7,679,146 | -€343,926 | -4.3% |
| Land and buildings | 22 | €7,818,352 | €7,523,952 | -€294,400 | -3.8% |
| Plant, machinery and equipment | 23 | €11,959 | €5,116 | -€6,843 | -57.2% |
| Other tangible fixed assets | 26 | €192,761 | €150,078 | -€42,683 | -22.1% |
| Financial fixed assets | 28 | €377,760 | €377,760 | = | 0.0% |
| Current assets | 29/58 | €911,814 | €817,031 | -€94,783 | -10.4% |
| Stocks and contracts in progress | 3 | €74,594 | €74,594 | = | 0.0% |
| Stocks | 30/36 | €74,594 | €74,594 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €449,654 | €473,231 | +€23,576 | +5.2% |
| Trade receivables | 40 | €33,529 | €26,777 | -€6,752 | -20.1% |
| Other amounts receivable | 41 | €416,125 | €446,454 | +€30,329 | +7.3% |
| Cash at bank and in hand | 54/58 | €286,641 | €248,653 | -€37,987 | -13.3% |
| Deferred charges and accrued income | 490/1 | €100,925 | €20,553 | -€80,372 | -79.6% |
| Total equity and liabilities | 10/49 | €9,312,646 | €8,873,937 | -€438,709 | -4.7% |
| Equity | 10/15 | €3,154,615 | €3,043,161 | -€111,455 | -3.5% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €2,573,259 | €2,457,786 | -€115,472 | -4.5% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Legal reserve | 130 | €60,000 | €60,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,586,088 | €1,470,615 | -€115,472 | -7.3% |
| Distributable reserves | 133 | €927,171 | €927,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,643 | -€14,626 | +€4,018 | +21.5% |
| Provisions and deferred taxes | 16 | €666,238 | €617,734 | -€48,504 | -7.3% |
| Deferred taxes | 168 | €666,238 | €617,734 | -€48,504 | -7.3% |
| Amounts payable | 17/49 | €5,491,793 | €5,213,043 | -€278,750 | -5.1% |
| Amounts payable after more than one year | 17 | €2,475,781 | €2,321,771 | -€154,010 | -6.2% |
| Financial debts | 170/4 | €2,467,312 | €2,313,302 | -€154,010 | -6.2% |
| Other amounts payable | 178/9 | €8,469 | €8,469 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,014,212 | €2,868,798 | -€145,414 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €164,302 | - | -€164,302 | |
| Financial debts | 43 | €300,010 | €375,000 | +€74,990 | +25.0% |
| Credit institutions | 430/8 | €300,010 | €375,000 | +€74,990 | +25.0% |
| Trade debts | 44 | €32,081 | €41,270 | +€9,189 | +28.6% |
| Suppliers | 440/4 | €32,081 | €41,270 | +€9,189 | +28.6% |
| Advances received on contracts in progress | 46 | €7,158 | - | -€7,158 | |
| Taxes, remuneration and social security | 45 | €1,028 | €1,802 | +€774 | +75.3% |
| Taxes | 450/3 | €1,028 | €1,802 | +€774 | +75.3% |
| Other amounts payable | 47/48 | €2,509,633 | €2,450,726 | -€58,907 | -2.3% |
| Accrued charges and deferred income | 492/3 | €1,800 | €22,474 | +€20,674 | +1,149% |
| Non-recurring operating income | 76A | €2,426 | - | -€2,426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €364,203 | €343,926 | -€20,277 | -5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,662 | €28,845 | +€16,183 | +128% |
| Other operating charges | 640/8 | €45,818 | €49,516 | +€3,698 | +8.1% |
| Gross operating margin | 9900 | €279,349 | €309,739 | +€30,389 | +10.9% |
| Operating profit (loss) | 9901 | -€143,333 | -€112,548 | +€30,786 | +21.5% |
| Financial income | 75/76B | €16,262 | €13,170 | -€3,092 | -19.0% |
| Recurring financial income | 75 | €16,262 | €13,170 | -€3,092 | -19.0% |
| Financial charges | 65/66B | €34,083 | €58,779 | +€24,696 | +72.5% |
| Recurring financial charges | 65 | €34,083 | €58,779 | +€24,696 | +72.5% |
| Profit (loss) for the period before taxes | 9903 | -€161,155 | -€158,157 | +€2,998 | +1.9% |
| Transfer from deferred taxes | 780 | €48,504 | €48,504 | = | 0.0% |
| Income taxes | 67/77 | €1,782 | €1,802 | +€20 | +1.1% |
| Profit (loss) for the period | 9904 | -€114,433 | -€111,455 | +€2,978 | +2.6% |
| Transfer from tax-exempt reserves | 789 | €115,472 | €115,472 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,040 | €4,018 | +€2,978 | +286% |
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.