WINDOW: 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
WINDOW
NACE 64.210, Activities of holding companies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€27,287
2023 · -€246,570+€219,283
Equity
€10.8m
2023 · €10.8m-€27,287
Cash
€112,737
2023 · €11,996+€100,741
Balance sheet total
€25.8m
2023 · €25.9m-€71,074
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income +€250,000
new in 2024: €250,000
- Services and other goods +€31,013
up €31,013 (+6.3%), from €494,638 to €525,651
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
-€246,570
Services and other goods
-€31,013
Other operating charges
-€17
Financial income
+€250,000
Financial charges
+€313
Result 2024
-€27,287
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
+€100,741
Investment
€0
Financing
€0
Cash 2023
€11,996
From operations (derived)
+€100,741
Net result for the year
-€27,287
Receivables within one year
+€213,811
Deferred charges and accrued income
-€41,996
Trade debts
-€38,970
Other debts
-€4,817
Cash 2024
€112,737
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,913,955 | €25,842,881 | -€71,074 | -0.3% |
| Fixed assets | 21/28 | €25,453,348 | €25,453,348 | = | 0.0% |
| Financial fixed assets | 28 | €25,453,348 | €25,453,348 | = | 0.0% |
| Affiliated companies | 280/1 | €25,453,348 | €25,453,348 | = | 0.0% |
| Participating interests | 280 | €25,453,348 | €25,453,348 | = | 0.0% |
| Current assets | 29/58 | €460,607 | €389,533 | -€71,074 | -15.4% |
| Amounts receivable within one year | 40/41 | €447,942 | €234,131 | -€213,811 | -47.7% |
| Trade receivables | 40 | €328,615 | €151,250 | -€177,365 | -54.0% |
| Other amounts receivable | 41 | €119,327 | €82,881 | -€36,446 | -30.5% |
| Cash at bank and in hand | 54/58 | €11,996 | €112,737 | +€100,741 | +840% |
| Deferred charges and accrued income | 490/1 | €669 | €42,665 | +€41,996 | +6,277% |
| Total equity and liabilities | 10/49 | €25,913,955 | €25,842,881 | -€71,074 | -0.3% |
| Equity | 10/15 | €10,840,198 | €10,812,911 | -€27,287 | -0.3% |
| Contributions | 10/11 | €10,500,000 | €10,500,000 | = | 0.0% |
| Capital | 10 | €10,500,000 | €10,500,000 | = | 0.0% |
| Issued capital | 100 | €10,500,000 | €10,500,000 | = | 0.0% |
| Reserves | 13 | €340,198 | €312,911 | -€27,287 | -8.0% |
| Non-distributable reserves | 130/1 | €29,338 | €29,338 | = | 0.0% |
| Legal reserve | 130 | €29,338 | €29,338 | = | 0.0% |
| Distributable reserves | 133 | €310,860 | €283,573 | -€27,287 | -8.8% |
| Amounts payable | 17/49 | €15,073,757 | €15,029,970 | -€43,787 | -0.3% |
| Amounts payable within one year | 42/48 | €15,073,757 | €15,029,970 | -€43,787 | -0.3% |
| Trade debts | 44 | €38,970 | - | -€38,970 | |
| Suppliers | 440/4 | €38,970 | - | -€38,970 | |
| Taxes, remuneration and social security | 45 | €75,000 | €75,000 | = | 0.0% |
| Taxes | 450/3 | €75,000 | €75,000 | = | 0.0% |
| Other amounts payable | 47/48 | €14,959,787 | €14,954,970 | -€4,817 | 0.0% |
| Operating income | 70/76A | €500,000 | €500,000 | = | 0.0% |
| Turnover | 70 | €500,000 | €500,000 | = | 0.0% |
| Operating charges | 60/66A | €495,707 | €526,737 | +€31,030 | +6.3% |
| Services and other goods | 61 | €494,638 | €525,651 | +€31,013 | +6.3% |
| Other operating charges | 640/8 | €1,069 | €1,086 | +€17 | +1.6% |
| Operating profit (loss) | 9901 | €4,293 | -€26,737 | -€31,030 | |
| Financial income | 75/76B | - | €250,000 | +€250,000 | |
| Recurring financial income | 75 | - | €250,000 | +€250,000 | |
| Income from financial fixed assets | 750 | - | €250,000 | +€250,000 | |
| Financial charges | 65/66B | €250,863 | €250,550 | -€313 | -0.1% |
| Recurring financial charges | 65 | €250,863 | €250,550 | -€313 | -0.1% |
| Debt charges | 650 | €250,000 | €250,550 | +€550 | +0.2% |
| Other financial charges | 652/9 | €863 | - | -€863 | |
| Profit (loss) for the period before taxes | 9903 | -€246,570 | -€27,287 | +€219,283 | +88.9% |
| Profit (loss) for the period | 9904 | -€246,570 | -€27,287 | +€219,283 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€246,570 | -€27,287 | +€219,283 | +88.9% |
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 25 October 2026 via checked.be.