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.
What changed
ANGLO-EASTERN (ANTWERP)
NACE 33.150, Repair, maintenance and installation of machinery and equipment
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€214,551
2023 · -€460,818+€246,267
Equity
-€1.4m
2023 · -€1.2m-€214,551
Cash
€11.0m
2023 · €6.3m+€4.7m
Balance sheet total
€12.1m
2023 · €7.1m+€4.9m
Largest movements
Assets
- Cash +€4.7m
up €4.7m (+74.6%), from €6.3m to €11.0m
mainly Other debts (+€4.8m) and Debts after one year (+€239,820)
- Receivables within one year +€232,712
up €232,712 (+64.8%), from €359,293 to €592,005
of which Other amounts receivable: +€207,323
Equity and liabilities
- Other debts +€4.8m
up €4.8m (+79.5%), from €6.0m to €10.8m
- Debts after one year +€239,820
up €239,820 (+15.6%), from €1.5m to €1.8m
- Profit (loss) carried forward -€214,551
down €214,551 (-16.7%), from -€1.3m to -€1.5m
Income statement
- Turnover +€757,699
up €757,699 (+16.5%), from €4.6m to €5.4m
- Staff costs +€584,841
up €584,841 (+12.2%), from €4.8m to €5.4m
- Other operating income +€135,407
up €135,407 (+11.5%), from €1.2m to €1.3m
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
-€460,818
Turnover
+€757,699
Other operating income
+€135,407
Services and other goods
-€9,324
Staff costs
-€584,841
Depreciation
-€3,130
Other operating charges
+€2,472
Financial income
-€13,414
Financial charges
-€33,707
Taxes
-€4,894
Result 2024
-€214,551
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.
From operations
+€4.6m
Investment
-€85,771
Financing
+€239,820
Cash 2023
€6.3m
From operations (derived)
+€4.6m
Net result for the year
-€214,551
Depreciation
+€128,060
Receivables within one year
-€232,712
Deferred charges and accrued income
-€15,240
Trade debts
+€67,019
Tax, wage and social debts
+€24,640
Other debts
+€4.8m
Investment (derived)
-€85,771
Investment in fixed assets (net)
-€85,771
Financing
+€239,820
Debts after one year
+€239,820
Cash 2024
€11.0m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,146,497 | €12,061,993 | +€4.9m | +68.8% |
| Fixed assets | 21/28 | €339,712 | €297,423 | -€42,289 | -12.4% |
| Intangible fixed assets | 21 | €21,790 | €6,386 | -€15,404 | -70.7% |
| Tangible fixed assets | 22/27 | €288,285 | €261,400 | -€26,885 | -9.3% |
| Plant, machinery and equipment | 23 | €158,578 | €155,431 | -€3,147 | -2.0% |
| Furniture and vehicles | 24 | €129,706 | €105,968 | -€23,738 | -18.3% |
| Financial fixed assets | 28 | €29,638 | €29,638 | = | 0.0% |
| Other financial fixed assets | 284/8 | €29,638 | €29,638 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €29,638 | €29,638 | = | 0.0% |
| Current assets | 29/58 | €6,806,784 | €11,764,570 | +€5.0m | +72.8% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €359,293 | €592,005 | +€232,712 | +64.8% |
| Trade receivables | 40 | €286,404 | €311,793 | +€25,388 | +8.9% |
| Other amounts receivable | 41 | €72,889 | €280,212 | +€207,323 | +284.4% |
| Cash at bank and in hand | 54/58 | €6,317,039 | €11,026,873 | +€4.7m | +74.6% |
| Deferred charges and accrued income | 490/1 | €130,452 | €145,692 | +€15,240 | +11.7% |
| Total equity and liabilities | 10/49 | €7,146,497 | €12,061,993 | +€4.9m | +68.8% |
| Equity | 10/15 | -€1,219,029 | -€1,433,580 | -€214,551 | -17.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,286,679 | -€1,501,230 | -€214,551 | -16.7% |
| Amounts payable | 17/49 | €8,365,526 | €13,495,574 | +€5.1m | +61.3% |
| Amounts payable after more than one year | 17 | €1,536,425 | €1,776,244 | +€239,820 | +15.6% |
| Financial debts | 170/4 | €1,536,425 | €1,776,244 | +€239,820 | +15.6% |
| Subordinated loans | 170 | €1,536,425 | €0 | -€1.5m | -100.0% |
| Other loans | 174 | - | €1,776,244 | +€1.8m | |
| Amounts payable within one year | 42/48 | €6,829,101 | €11,719,329 | +€4.9m | +71.6% |
| Trade debts | 44 | €127,022 | €194,041 | +€67,019 | +52.8% |
| Suppliers | 440/4 | €127,022 | €194,041 | +€67,019 | +52.8% |
| Taxes, remuneration and social security | 45 | €667,061 | €691,701 | +€24,640 | +3.7% |
| Taxes | 450/3 | €13,876 | €5,063 | -€8,814 | -63.5% |
| Remuneration and social security | 454/9 | €653,185 | €686,639 | +€33,454 | +5.1% |
| Other amounts payable | 47/48 | €6,035,018 | €10,833,587 | +€4.8m | +79.5% |
| Operating income | 70/76A | €5,774,480 | €6,667,585 | +€893,106 | +15.5% |
| Turnover | 70 | €4,597,167 | €5,354,866 | +€757,699 | +16.5% |
| Other operating income | 74 | €1,177,313 | €1,312,719 | +€135,407 | +11.5% |
| Operating charges | 60/66A | €6,166,722 | €6,761,545 | +€594,823 | +9.6% |
| Services and other goods | 61 | €1,242,957 | €1,252,280 | +€9,324 | +0.8% |
| Remuneration, social security and pensions | 62 | €4,775,644 | €5,360,484 | +€584,841 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,929 | €128,060 | +€3,130 | +2.5% |
| Other operating charges | 640/8 | €23,192 | €20,720 | -€2,472 | -10.7% |
| Operating profit (loss) | 9901 | -€392,242 | -€93,959 | +€298,283 | +76.0% |
| Financial income | 75/76B | €13,414 | €0 | -€13,414 | -100.0% |
| Recurring financial income | 75 | €13,414 | €0 | -€13,414 | -100.0% |
| Other financial income | 752/9 | €13,414 | €0 | -€13,414 | -100.0% |
| Financial charges | 65/66B | €76,822 | €110,530 | +€33,707 | +43.9% |
| Recurring financial charges | 65 | €76,822 | €110,530 | +€33,707 | +43.9% |
| Debt charges | 650 | €37,085 | €30,166 | -€6,919 | -18.7% |
| Other financial charges | 652/9 | €39,737 | €80,363 | +€40,626 | +102.2% |
| Profit (loss) for the period before taxes | 9903 | -€455,650 | -€204,489 | +€251,161 | +55.1% |
| Income taxes | 67/77 | €5,169 | €10,063 | +€4,894 | +94.7% |
| Taxes | 670/3 | €5,169 | €10,063 | +€4,894 | +94.7% |
| Profit (loss) for the period | 9904 | -€460,818 | -€214,551 | +€246,267 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€460,818 | -€214,551 | +€246,267 | +53.4% |
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 27 September 2026 via checked.be.