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WESTENDS HOEVEKE: 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

WESTENDS HOEVEKE

BE 0728.551.261
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€390
2023 · -€1,234+€844
Equity
€5,301
2023 · €5,691-€390
Cash
-
not filed
Balance sheet total
€7,822
2023 · €7,419+€403

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€403

    up €403 (+5.4%), from €7,419 to €7,822

Equity and liabilities
  • Trade debts +€793

    up €793 (+45.9%), from €1,728 to €2,521

  • Profit (loss) carried forward -€390

    down €390 (-9.0%), from -€4,309 to -€4,699

Income statement
  • Gross operating margin +€935

    up €935 (+54.1%), from -€1,728 to -€793

  • Financial income -€92

    down €92 (-18.5%), from €494 to €403

From the 2023 result to the 2024 result

effect on the 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 -€1,234
Gross operating margin +€935
Financial income -€92
Result 2024 -€390
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 19 lines
Line Code 2023 2024 Change %
Total assets 20/58 €7,419 €7,822 +€403 +5.4%
Current assets 29/58 €7,419 €7,822 +€403 +5.4%
Amounts receivable within one year 40/41 €7,419 €7,822 +€403 +5.4%
Other amounts receivable 41 €7,419 €7,822 +€403 +5.4%
Total equity and liabilities 10/49 €7,419 €7,822 +€403 +5.4%
Equity 10/15 €5,691 €5,301 -€390 -6.9%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 -€4,309 -€4,699 -€390 -9.0%
Amounts payable 17/49 €1,728 €2,521 +€793 +45.9%
Amounts payable within one year 42/48 €1,728 €2,521 +€793 +45.9%
Trade debts 44 €1,728 €2,521 +€793 +45.9%
Suppliers 440/4 €1,728 €2,521 +€793 +45.9%
Gross operating margin 9900 -€1,728 -€793 +€935 +54.1%
Operating profit (loss) 9901 -€1,728 -€793 +€935 +54.1%
Financial income 75/76B €494 €403 -€92 -18.5%
Recurring financial income 75 €494 €403 -€92 -18.5%
Profit (loss) for the period before taxes 9903 -€1,234 -€390 +€844 +68.4%
Profit (loss) for the period 9904 -€1,234 -€390 +€844 +68.4%
Profit (loss) for the period to be appropriated 9905 -€1,234 -€390 +€844 +68.4%

Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.