@ SOLUTIONS: 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.
@ SOLUTIONS
Largest movements
- Tangible fixed assets -€307,770
down €307,770 (-12.2%), from €2.5m to €2.2m
of which Land and buildings: -€350,917
- Profit (loss) carried forward -€170,638
down €170,638, from €76,041 to -€94,597
- Other debts +€168,148
up €168,148 (+41.3%), from €406,759 to €574,907
- Debts after one year -€139,495
down €139,495 (-8.6%), from €1.6m to €1.5m
- Trade debts -€133,417
down €133,417 (-84.2%), from €158,510 to €25,093
of which Suppliers: -€133,417
- Gross operating margin -€193,838
down €193,838 (-70.9%), from €273,535 to €79,697
- Depreciation -€69,856
down €69,856 (-49.3%), from €141,600 to €71,744
- Other operating charges +€13,500
up €13,500 (+48.6%), from €27,803 to €41,303
- Financial charges +€10,178
up €10,178 (+30.6%), from €33,296 to €43,475
- Taxes -€6,697
no longer reported in 2024 (was €6,697)
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 | €2,757,465 | €2,452,618 | -€304,847 | -11.1% |
| Fixed assets | 21/28 | €2,724,613 | €2,416,842 | -€307,770 | -11.3% |
| Tangible fixed assets | 22/27 | €2,522,813 | €2,215,042 | -€307,770 | -12.2% |
| Land and buildings | 22 | €2,520,850 | €2,169,933 | -€350,917 | -13.9% |
| Plant, machinery and equipment | 23 | - | €41,260 | +€41,260 | |
| Furniture and vehicles | 24 | €1,962 | €3,849 | +€1,887 | +96.2% |
| Financial fixed assets | 28 | €201,800 | €201,800 | = | 0.0% |
| Current assets | 29/58 | €32,853 | €35,776 | +€2,923 | +8.9% |
| Amounts receivable within one year | 40/41 | €1,114 | €17,364 | +€16,250 | +1,459% |
| Trade receivables | 40 | €206 | €4,935 | +€4,729 | +2,299% |
| Other amounts receivable | 41 | €908 | €12,430 | +€11,521 | +1,269% |
| Cash at bank and in hand | 54/58 | €21,739 | €8,411 | -€13,328 | -61.3% |
| Deferred charges and accrued income | 490/1 | €10,000 | €10,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,757,465 | €2,452,618 | -€304,847 | -11.1% |
| Equity | 10/15 | €145,414 | -€25,224 | -€170,638 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,973 | €56,973 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €13,013 | €13,013 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,041 | -€94,597 | -€170,638 | |
| Provisions and deferred taxes | 16 | €263,271 | €242,283 | -€20,988 | -8.0% |
| Provisions for liabilities and charges | 160/5 | €263,271 | €242,283 | -€20,988 | -8.0% |
| Other liabilities and charges | 164/5 | €263,271 | €242,283 | -€20,988 | -8.0% |
| Amounts payable | 17/49 | €2,348,780 | €2,235,559 | -€113,222 | -4.8% |
| Amounts payable after more than one year | 17 | €1,628,862 | €1,489,366 | -€139,495 | -8.6% |
| Financial debts | 170/4 | €1,628,862 | €1,489,366 | -€139,495 | -8.6% |
| Amounts payable within one year | 42/48 | €719,919 | €746,192 | +€26,274 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €136,711 | €139,495 | +€2,784 | +2.0% |
| Trade debts | 44 | €158,510 | €25,093 | -€133,417 | -84.2% |
| Suppliers | 440/4 | €148,910 | €15,493 | -€133,417 | -89.6% |
| Bills of exchange payable | 441 | €9,600 | €9,600 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €17,938 | €6,697 | -€11,241 | -62.7% |
| Taxes | 450/3 | €17,938 | €6,697 | -€11,241 | -62.7% |
| Other amounts payable | 47/48 | €406,759 | €574,907 | +€168,148 | +41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,600 | €71,744 | -€69,856 | -49.3% |
| Other operating charges | 640/8 | €27,803 | €41,303 | +€13,500 | +48.6% |
| Non-recurring operating charges | 66A | - | €93,812 | +€93,812 | |
| Gross operating margin | 9900 | €273,535 | €79,697 | -€193,838 | -70.9% |
| Operating profit (loss) | 9901 | €104,131 | -€127,163 | -€231,294 | |
| Financial charges | 65/66B | €33,296 | €43,475 | +€10,178 | +30.6% |
| Recurring financial charges | 65 | €33,296 | €43,475 | +€10,178 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €70,835 | -€170,638 | -€241,473 | |
| Income taxes | 67/77 | €6,697 | - | -€6,697 | |
| Profit (loss) for the period | 9904 | €64,137 | -€170,638 | -€234,775 | |
| Transfer to tax-exempt reserves | 689 | €42,100 | - | -€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,037 | -€170,638 | -€192,675 |
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 21 October 2026 via checked.be.