What changed?
Two fiscal 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.
DOR ET BLEUS
Largest movements
- Receivables within one year +€11,743
up €11,743 (+129.8%), from €9,049 to €20,792
of which Other amounts receivable: +€13,787
- Tangible fixed assets -€10,846
down €10,846 (-6.3%), from €173,025 to €162,179
of which Land and buildings: -€9,896
- Profit (loss) carried forward +€35,694
up €35,694 (+58.9%), from -€60,620 to -€24,926
- Debts after one year -€18,455
down €18,455 (-9.6%), from €192,607 to €174,152
- Other debts -€11,628
down €11,628 (-91.5%), from €12,711 to €1,083
- Tax, wage and social debts -€8,042
down €8,042 (-53.6%), from €14,994 to €6,952
of which Taxes: -€8,132
- Current portion of long-term debt +€3,554
up €3,554 (+31.3%), from €11,346 to €14,900
- Gross operating margin +€42,514
up €42,514 (+67.5%), from €62,991 to €105,505
- Staff costs -€11,751
down €11,751 (-21.8%), from €53,939 to €42,188
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.
Cash bridge derived
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 | €302,131 | €303,433 | +€1,302 | +0.4% |
| Fixed assets | 21/28 | €173,978 | €163,132 | -€10,846 | -6.2% |
| Tangible fixed assets | 22/27 | €173,025 | €162,179 | -€10,846 | -6.3% |
| Land and buildings | 22 | €169,006 | €159,110 | -€9,896 | -5.9% |
| Furniture and vehicles | 24 | €4,019 | €3,069 | -€950 | -23.6% |
| Financial fixed assets | 28 | €953 | €953 | = | 0.0% |
| Current assets | 29/58 | €128,153 | €140,301 | +€12,148 | +9.5% |
| Amounts receivable within one year | 40/41 | €9,049 | €20,792 | +€11,743 | +129.8% |
| Trade receivables | 40 | €9,049 | €7,005 | -€2,044 | -22.6% |
| Other amounts receivable | 41 | - | €13,787 | +€13,787 | |
| Cash at bank and in hand | 54/58 | €90,950 | €93,753 | +€2,803 | +3.1% |
| Deferred charges and accrued income | 490/1 | €28,154 | €25,756 | -€2,398 | -8.5% |
| Total equity and liabilities | 10/49 | €302,131 | €303,433 | +€1,302 | +0.4% |
| Equity | 10/15 | -€38,760 | -€3,066 | +€35,694 | +92.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,620 | -€24,926 | +€35,694 | +58.9% |
| Amounts payable | 17/49 | €340,891 | €306,499 | -€34,392 | -10.1% |
| Amounts payable after more than one year | 17 | €192,607 | €174,152 | -€18,455 | -9.6% |
| Financial debts | 170/4 | €192,607 | €174,152 | -€18,455 | -9.6% |
| Amounts payable within one year | 42/48 | €148,284 | €132,347 | -€15,937 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €11,346 | €14,900 | +€3,554 | +31.3% |
| Financial debts | 43 | €2,114 | - | -€2,114 | |
| Credit institutions | 430/8 | €2,114 | - | -€2,114 | |
| Trade debts | 44 | €107,119 | €109,412 | +€2,293 | +2.1% |
| Suppliers | 440/4 | €107,119 | €109,412 | +€2,293 | +2.1% |
| Taxes, remuneration and social security | 45 | €14,994 | €6,952 | -€8,042 | -53.6% |
| Taxes | 450/3 | €11,332 | €3,200 | -€8,132 | -71.8% |
| Remuneration and social security | 454/9 | €3,662 | €3,752 | +€90 | +2.5% |
| Other amounts payable | 47/48 | €12,711 | €1,083 | -€11,628 | -91.5% |
| Remuneration, social security and pensions | 62 | €53,939 | €42,188 | -€11,751 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,986 | €12,167 | +€181 | +1.5% |
| Other operating charges | 640/8 | €6,556 | €5,863 | -€693 | -10.6% |
| Gross operating margin | 9900 | €62,991 | €105,505 | +€42,514 | +67.5% |
| Operating profit (loss) | 9901 | -€9,490 | €45,287 | +€54,777 | |
| Financial income | 75/76B | €6 | €1 | -€5 | -83.3% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -83.3% |
| Financial charges | 65/66B | €8,862 | €9,067 | +€205 | +2.3% |
| Recurring financial charges | 65 | €8,862 | €9,067 | +€205 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,346 | €36,221 | +€54,567 | |
| Income taxes | 67/77 | €396 | €527 | +€131 | +33.1% |
| Profit (loss) for the period | 9904 | -€18,742 | €35,694 | +€54,436 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,742 | €35,694 | +€54,436 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 September 2026 via checked.be.