WEEK - END: 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
WEEK - END
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€5,611
2023 · -€8,569+€2,958
Equity
€426,588
2023 · €433,032-€6,444
Cash
€8,587
2023 · €6,546+€2,041
Balance sheet total
€1.2m
2023 · €1.3m-€34,512
Largest movements
Assets
- Tangible fixed assets -€36,554
down €36,554 (-3.0%), from €1.2m to €1.2m
of which Land and buildings: -€36,156
Equity and liabilities
- Debts after one year -€39,291
down €39,291 (-6.6%), from €591,932 to €552,641
- Other debts +€18,570
up €18,570 (+29.6%), from €62,643 to €81,213
Income statement
- Gross operating margin +€11,010
up €11,010 (+24.2%), from €45,564 to €56,574
- Financial charges +€5,247
up €5,247 (+34.0%), from €15,421 to €20,668
- Taxes +€1,921
up €1,921 (+450%), from €427 to €2,348
- Depreciation +€677
up €677 (+1.9%), from €35,877 to €36,554
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
-€8,569
Gross operating margin
+€11,010
Depreciation
-€677
Other operating charges
-€251
Financial income
+€0
Financial charges
-€5,247
Taxes
-€1,921
Deferred taxes and other
+€44
Result 2024
-€5,611
raises the resultlowers the resultnot broken down further in the accounts
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
+€48,817
Investment
€0
Financing
-€46,775
Cash 2023
€6,546
From operations (derived)
+€48,817
Net result for the year
-€5,611
Depreciation
+€36,554
Provisions
-€4,458
Trade debts
+€274
Tax, wage and social debts
+€3,639
Other debts
+€18,570
Accrued charges and deferred income
-€150
Financing
-€46,775
Debts after one year
-€39,291
Current portion of long-term debt
-€6,651
Contributions, distributions and other
-€833
Cash 2024
€8,587
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,268,081 | €1,233,568 | -€34,512 | -2.7% |
| Fixed assets | 21/28 | €1,222,049 | €1,185,495 | -€36,554 | -3.0% |
| Tangible fixed assets | 22/27 | €1,222,049 | €1,185,495 | -€36,554 | -3.0% |
| Land and buildings | 22 | €1,221,650 | €1,185,495 | -€36,156 | -3.0% |
| Plant, machinery and equipment | 23 | €398 | €0 | -€398 | -100% |
| Current assets | 29/58 | €46,032 | €48,074 | +€2,041 | +4.4% |
| Amounts receivable within one year | 40/41 | €39,486 | €39,486 | = | 0.0% |
| Other amounts receivable | 41 | €39,486 | €39,486 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,546 | €8,587 | +€2,041 | +31.2% |
| Total equity and liabilities | 10/49 | €1,268,081 | €1,233,568 | -€34,512 | -2.7% |
| Equity | 10/15 | €433,032 | €426,588 | -€6,444 | -1.5% |
| Contributions | 10/11 | €82,000 | €82,000 | = | 0.0% |
| Capital | 10 | - | €82,000 | +€82,000 | |
| Issued capital | 100 | - | €82,000 | +€82,000 | |
| Reserves | 13 | €358,354 | €351,819 | -€6,535 | -1.8% |
| Non-distributable reserves | 130/1 | €8,200 | €8,200 | = | 0.0% |
| Legal reserve | 130 | - | €8,200 | +€8,200 | |
| Reserves not available under the articles | 1311 | €8,200 | - | -€8,200 | |
| Tax-exempt reserves | 132 | €250,154 | €240,983 | -€9,172 | -3.7% |
| Distributable reserves | 133 | €100,000 | €102,636 | +€2,636 | +2.6% |
| Profit (loss) carried forward | 14 | -€7,322 | -€7,231 | +€91 | +1.2% |
| Provisions and deferred taxes | 16 | €115,118 | €110,660 | -€4,458 | -3.9% |
| Deferred taxes | 168 | €115,118 | €110,660 | -€4,458 | -3.9% |
| Amounts payable | 17/49 | €719,930 | €696,320 | -€23,610 | -3.3% |
| Amounts payable after more than one year | 17 | €591,932 | €552,641 | -€39,291 | -6.6% |
| Financial debts | 170/4 | €591,932 | €552,641 | -€39,291 | -6.6% |
| Amounts payable within one year | 42/48 | €127,848 | €143,679 | +€15,831 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €61,950 | €55,299 | -€6,651 | -10.7% |
| Trade debts | 44 | €2,810 | €3,083 | +€274 | +9.7% |
| Suppliers | 440/4 | €2,810 | €3,083 | +€274 | +9.7% |
| Taxes, remuneration and social security | 45 | €445 | €4,084 | +€3,639 | +818% |
| Taxes | 450/3 | €445 | €4,084 | +€3,639 | +818% |
| Other amounts payable | 47/48 | €62,643 | €81,213 | +€18,570 | +29.6% |
| Accrued charges and deferred income | 492/3 | €150 | €0 | -€150 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,877 | €36,554 | +€677 | +1.9% |
| Other operating charges | 640/8 | €6,823 | €7,074 | +€251 | +3.7% |
| Gross operating margin | 9900 | €45,564 | €56,574 | +€11,010 | +24.2% |
| Operating profit (loss) | 9901 | €2,863 | €12,946 | +€10,082 | +352% |
| Financial income | 75/76B | €1 | €1 | +€0 | +43.1% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +43.1% |
| Financial charges | 65/66B | €15,421 | €20,668 | +€5,247 | +34.0% |
| Recurring financial charges | 65 | €15,421 | €20,668 | +€5,247 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,557 | -€7,722 | +€4,835 | +38.5% |
| Transfer from deferred taxes | 780 | €4,415 | €4,458 | +€44 | +1.0% |
| Income taxes | 67/77 | €427 | €2,348 | +€1,921 | +450% |
| Profit (loss) for the period | 9904 | -€8,569 | -€5,611 | +€2,958 | +34.5% |
| Transfer from tax-exempt reserves | 789 | €8,790 | €9,172 | +€381 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €221 | €3,560 | +€3,339 | +1,509% |
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.