24PM: 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
24PM
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€8,809
2024 · €3,448+€5,360
Equity
€79.4m
2024 · €70.6m+€8.8m
Cash
€5,709
2024 · €37,078-€31,369
Balance sheet total
€79.8m
2024 · €71.1m+€8.8m
Largest movements
Assets
- Intangible fixed assets +€8.8m
up €8.8m (+12.5%), from €70.3m to €79.0m
Equity and liabilities
- Revaluation surpluses +€8.8m
up €8.8m (+12.5%), from €70.4m to €79.2m
Income statement
- Gross operating margin +€44,559
up €44,559 (+28.0%), from €159,261 to €203,820
- Staff costs +€35,631
up €35,631 (+62.2%), from €57,290 to €92,920
- Financial charges +€3,949
up €3,949 (+29.3%), from €13,466 to €17,415
- Taxes -€2,637
no longer reported in 2025 (was €2,637)
From the 2024 result to the 2025 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 2024
€3,448
Gross operating margin
+€44,559
Staff costs
-€35,631
Depreciation
-€1,190
Other operating charges
-€226
Other operating items
-€926
Financial income
+€86
Financial charges
-€3,949
Taxes
+€2,637
Result 2025
€8,809
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€33,590
Investment
-€8.8m
Financing
+€8.8m
Cash 2024
€37,078
From operations (derived)
-€33,590
Net result for the year
+€8,809
Depreciation
+€78,162
Smaller working-capital items
+€23,818
Receivables within one year
-€144,379
Investment (derived)
-€8.8m
Investment in fixed assets (net)
-€8.8m
Financing
+€8.8m
Debts after one year
+€1,955
Current portion of long-term debt
-€7,802
Short-term financial debts
+€180
Contributions, distributions and other
+€8.8m
Cash 2025
€5,709
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,066,907 | €79,846,977 | +€8.8m | +12.4% |
| Formation expenses | 20 | €135,866 | €94,727 | -€41,139 | -30.3% |
| Fixed assets | 21/28 | €70,584,820 | €79,317,249 | +€8.7m | +12.4% |
| Intangible fixed assets | 21 | €70,286,279 | €79,047,518 | +€8.8m | +12.5% |
| Tangible fixed assets | 22/27 | €78,858 | €57,836 | -€21,023 | -26.7% |
| Plant, machinery and equipment | 23 | €1,674 | €981 | -€693 | -41.4% |
| Furniture and vehicles | 24 | €47,835 | €28,435 | -€19,400 | -40.6% |
| Other tangible fixed assets | 26 | €29,350 | €28,420 | -€930 | -3.2% |
| Financial fixed assets | 28 | €219,683 | €211,895 | -€7,788 | -3.5% |
| Current assets | 29/58 | €346,220 | €435,001 | +€88,781 | +25.6% |
| Amounts receivable after more than one year | 29 | €3,769 | - | -€3,769 | |
| Other amounts receivable | 291 | €3,769 | - | -€3,769 | |
| Stocks and contracts in progress | 3 | €154,300 | €134,300 | -€20,000 | -13.0% |
| Contracts in progress | 37 | €154,300 | €134,300 | -€20,000 | -13.0% |
| Amounts receivable within one year | 40/41 | €150,613 | €294,992 | +€144,379 | +95.9% |
| Trade receivables | 40 | €101,703 | €242,508 | +€140,805 | +138% |
| Other amounts receivable | 41 | €48,910 | €52,484 | +€3,574 | +7.3% |
| Cash at bank and in hand | 54/58 | €37,078 | €5,709 | -€31,369 | -84.6% |
| Deferred charges and accrued income | 490/1 | €460 | - | -€460 | |
| Total equity and liabilities | 10/49 | €71,066,907 | €79,846,977 | +€8.8m | +12.4% |
| Equity | 10/15 | €70,631,689 | €79,417,837 | +€8.8m | +12.4% |
| Contributions | 10/11 | €92,593 | €92,693 | +€100 | +0.1% |
| Capital | 10 | €91,768 | €91,868 | +€100 | +0.1% |
| Issued capital | 100 | €91,768 | €91,868 | +€100 | +0.1% |
| Uncalled capital | 101 | - | €0 | = | |
| Contributions outside capital | 11 | €825 | €825 | = | 0.0% |
| Share premium | 1100/10 | €825 | €825 | = | 0.0% |
| Revaluation surpluses | 12 | €70,430,079 | €79,207,318 | +€8.8m | +12.5% |
| Reserves | 13 | €30,198 | €30,198 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,898 | €8,898 | = | 0.0% |
| Legal reserve | 130 | €8,898 | €8,898 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,300 | €21,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,819 | €87,628 | +€8,809 | +11.2% |
| Amounts payable | 17/49 | €435,218 | €429,139 | -€6,078 | -1.4% |
| Amounts payable after more than one year | 17 | €140,789 | €142,744 | +€1,955 | +1.4% |
| Financial debts | 170/4 | €134,202 | €139,335 | +€5,133 | +3.8% |
| Other amounts payable | 178/9 | €6,587 | €3,408 | -€3,179 | -48.3% |
| Amounts payable within one year | 42/48 | €294,429 | €286,396 | -€8,033 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €50,013 | €42,211 | -€7,802 | -15.6% |
| Financial debts | 43 | - | €180 | +€180 | |
| Credit institutions | 430/8 | - | €180 | +€180 | |
| Trade debts | 44 | €57,180 | €48,420 | -€8,760 | -15.3% |
| Suppliers | 440/4 | €57,180 | €48,420 | -€8,760 | -15.3% |
| Advances received on contracts in progress | 46 | €142,843 | €126,701 | -€16,141 | -11.3% |
| Taxes, remuneration and social security | 45 | €19,684 | €35,562 | +€15,878 | +80.7% |
| Taxes | 450/3 | €11,141 | €4,530 | -€6,611 | -59.3% |
| Remuneration and social security | 454/9 | €8,543 | €31,032 | +€22,489 | +263% |
| Other amounts payable | 47/48 | €24,708 | €33,321 | +€8,613 | +34.9% |
| Remuneration, social security and pensions | 62 | €57,290 | €92,920 | +€35,631 | +62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,972 | €78,162 | +€1,190 | +1.5% |
| Other operating charges | 640/8 | €2,303 | €2,529 | +€226 | +9.8% |
| Non-recurring operating charges | 66A | €3,200 | €4,126 | +€926 | +28.9% |
| Gross operating margin | 9900 | €159,261 | €203,820 | +€44,559 | +28.0% |
| Operating profit (loss) | 9901 | €19,496 | €26,083 | +€6,586 | +33.8% |
| Financial income | 75/76B | €55 | €141 | +€86 | +156% |
| Recurring financial income | 75 | €55 | €141 | +€86 | +156% |
| Financial charges | 65/66B | €13,466 | €17,415 | +€3,949 | +29.3% |
| Recurring financial charges | 65 | €13,466 | €17,415 | +€3,949 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €6,085 | €8,809 | +€2,723 | +44.8% |
| Income taxes | 67/77 | €2,637 | - | -€2,637 | |
| Profit (loss) for the period | 9904 | €3,448 | €8,809 | +€5,360 | +155% |
| Profit (loss) for the period to be appropriated | 9905 | €3,448 | €8,809 | +€5,360 | +155% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.