1997visions: 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.
1997visions
Largest movements
- Tangible fixed assets -€15,656
down €15,656 (-21.0%), from €74,489 to €58,832
of which Plant, machinery and equipment: -€10,655
- Cash +€3,641
up €3,641 (+85.9%), from €4,238 to €7,879
mainly Depreciation (+€19,272) and Net result for the year (+€10,241)
- Receivables within one year +€1,322
up €1,322 (+5.0%), from €26,577 to €27,900
of which Trade receivables: +€703
- Trade debts -€15,562
down €15,562 (-56.2%), from €27,674 to €12,112
- Profit (loss) carried forward +€10,241
up €10,241, from -€6,021 to €4,221
- Tax, wage and social debts -€5,561
down €5,561 (-38.9%), from €14,296 to €8,735
of which Taxes: -€5,515
- Financial income +€10,078
up €10,078 (+61,304%), from €16 to €10,095
- Gross operating margin +€6,776
up €6,776 (+10.5%), from €64,228 to €71,003
- Staff costs -€5,899
down €5,899 (-13.6%), from €43,533 to €37,634
- Other operating charges +€4,749
up €4,749 (+9,497%), from €50 to €4,799
- Taxes +€3,712
up €3,712 (+1,321%), from €281 to €3,993
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 | €105,478 | €95,511 | -€9,967 | -9.4% |
| Fixed assets | 21/28 | €74,489 | €59,732 | -€14,756 | -19.8% |
| Tangible fixed assets | 22/27 | €74,489 | €58,832 | -€15,656 | -21.0% |
| Plant, machinery and equipment | 23 | €42,898 | €32,243 | -€10,655 | -24.8% |
| Furniture and vehicles | 24 | €8,091 | €5,958 | -€2,133 | -26.4% |
| Other tangible fixed assets | 26 | €23,500 | €20,631 | -€2,869 | -12.2% |
| Financial fixed assets | 28 | - | €900 | +€900 | |
| Current assets | 29/58 | €30,989 | €35,778 | +€4,790 | +15.5% |
| Amounts receivable within one year | 40/41 | €26,577 | €27,900 | +€1,322 | +5.0% |
| Trade receivables | 40 | €26,577 | €27,280 | +€703 | +2.6% |
| Other amounts receivable | 41 | - | €619 | +€619 | |
| Cash at bank and in hand | 54/58 | €4,238 | €7,879 | +€3,641 | +85.9% |
| Deferred charges and accrued income | 490/1 | €174 | - | -€174 | |
| Total equity and liabilities | 10/49 | €105,478 | €95,511 | -€9,967 | -9.4% |
| Equity | 10/15 | -€2,021 | €8,221 | +€10,241 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,021 | €4,221 | +€10,241 | |
| Amounts payable | 17/49 | €107,498 | €87,290 | -€20,208 | -18.8% |
| Amounts payable within one year | 42/48 | €107,498 | €87,290 | -€20,208 | -18.8% |
| Trade debts | 44 | €27,674 | €12,112 | -€15,562 | -56.2% |
| Suppliers | 440/4 | €27,674 | €12,112 | -€15,562 | -56.2% |
| Taxes, remuneration and social security | 45 | €14,296 | €8,735 | -€5,561 | -38.9% |
| Taxes | 450/3 | €9,572 | €4,058 | -€5,515 | -57.6% |
| Remuneration and social security | 454/9 | €4,723 | €4,677 | -€46 | -1.0% |
| Other amounts payable | 47/48 | €65,529 | €66,444 | +€915 | +1.4% |
| Remuneration, social security and pensions | 62 | €43,533 | €37,634 | -€5,899 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,003 | €19,272 | -€731 | -3.7% |
| Other operating charges | 640/8 | €50 | €4,799 | +€4,749 | +9,497% |
| Gross operating margin | 9900 | €64,228 | €71,003 | +€6,776 | +10.5% |
| Operating profit (loss) | 9901 | €642 | €9,299 | +€8,658 | +1,349% |
| Financial income | 75/76B | €16 | €10,095 | +€10,078 | +61,304% |
| Recurring financial income | 75 | €16 | €10,095 | +€10,078 | +61,304% |
| Financial charges | 65/66B | €6,398 | €5,160 | -€1,238 | -19.4% |
| Recurring financial charges | 65 | €6,398 | €5,160 | -€1,238 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,740 | €14,235 | +€19,974 | |
| Income taxes | 67/77 | €281 | €3,993 | +€3,712 | +1,321% |
| Profit (loss) for the period | 9904 | -€6,021 | €10,241 | +€16,262 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,021 | €10,241 | +€16,262 |
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 20 October 2026 via checked.be.