2A.V: 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.
2A.V
Largest movements
- Cash +€26,631
up €26,631 (+221.0%), from €12,050 to €38,681
mainly Net result for the year (+€32,063) and Depreciation (+€24,836)
- Tangible fixed assets +€19,748
up €19,748 (+37.4%), from €52,820 to €72,568
of which Furniture and vehicles: +€18,928
- Receivables within one year -€2,136
down €2,136 (-2.7%), from €77,862 to €75,726
of which Trade receivables: -€11,323
- Profit (loss) carried forward +€32,062
up €32,062 (+64.6%), from €49,611 to €81,674
- Debts after one year +€15,089
up €15,089 (+66.0%), from €22,868 to €37,957
- Tax, wage and social debts -€8,337
down €8,337 (-55.9%), from €14,904 to €6,567
of which Remuneration and social security: -€6,645
- Current portion of long-term debt +€5,502
up €5,502 (+49.0%), from €11,230 to €16,732
- Gross operating margin +€18,665
up €18,665 (+18.3%), from €102,240 to €120,905
- Other operating charges +€14,464
up €14,464 (+1053.3%), from €1,373 to €15,837
- Depreciation +€9,197
up €9,197 (+58.8%), from €15,639 to €24,836
- Staff costs -€8,098
down €8,098 (-18.0%), from €45,054 to €36,956
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 | €150,843 | €195,686 | +€44,843 | +29.7% |
| Fixed assets | 21/28 | €55,230 | €74,978 | +€19,748 | +35.8% |
| Tangible fixed assets | 22/27 | €52,820 | €72,568 | +€19,748 | +37.4% |
| Plant, machinery and equipment | 23 | €187 | €1,007 | +€820 | +437.8% |
| Furniture and vehicles | 24 | €52,633 | €71,561 | +€18,928 | +36.0% |
| Financial fixed assets | 28 | €2,410 | €2,410 | = | 0.0% |
| Current assets | 29/58 | €95,613 | €120,708 | +€25,095 | +26.2% |
| Stocks and contracts in progress | 3 | €5,701 | €6,301 | +€600 | +10.5% |
| Stocks | 30/36 | €5,701 | €6,301 | +€600 | +10.5% |
| Amounts receivable within one year | 40/41 | €77,862 | €75,726 | -€2,136 | -2.7% |
| Trade receivables | 40 | €33,771 | €22,448 | -€11,323 | -33.5% |
| Other amounts receivable | 41 | €44,091 | €53,278 | +€9,187 | +20.8% |
| Cash at bank and in hand | 54/58 | €12,050 | €38,681 | +€26,631 | +221.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | -€0 | |
| Total equity and liabilities | 10/49 | €150,843 | €195,686 | +€44,843 | +29.7% |
| Equity | 10/15 | €100,071 | €132,134 | +€32,062 | +32.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 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% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,611 | €81,674 | +€32,062 | +64.6% |
| Amounts payable | 17/49 | €50,772 | €63,552 | +€12,781 | +25.2% |
| Amounts payable after more than one year | 17 | €22,868 | €37,957 | +€15,089 | +66.0% |
| Financial debts | 170/4 | €22,868 | €37,957 | +€15,089 | +66.0% |
| Amounts payable within one year | 42/48 | €27,903 | €25,595 | -€2,308 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €11,230 | €16,732 | +€5,502 | +49.0% |
| Trade debts | 44 | €1,769 | €2,296 | +€527 | +29.8% |
| Suppliers | 440/4 | €1,769 | €2,296 | +€527 | +29.8% |
| Taxes, remuneration and social security | 45 | €14,904 | €6,567 | -€8,337 | -55.9% |
| Taxes | 450/3 | €3,990 | €2,298 | -€1,692 | -42.4% |
| Remuneration and social security | 454/9 | €10,914 | €4,269 | -€6,645 | -60.9% |
| Non-recurring operating income | 76A | - | €3,100 | +€3,100 | |
| Remuneration, social security and pensions | 62 | €45,054 | €36,956 | -€8,098 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,639 | €24,836 | +€9,197 | +58.8% |
| Other operating charges | 640/8 | €1,373 | €15,837 | +€14,464 | +1053.3% |
| Non-recurring operating charges | 66A | - | €1,848 | +€1,848 | |
| Gross operating margin | 9900 | €102,240 | €120,905 | +€18,665 | +18.3% |
| Operating profit (loss) | 9901 | €40,174 | €41,428 | +€1,254 | +3.1% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €1,273 | €1,632 | +€358 | +28.1% |
| Recurring financial charges | 65 | €1,273 | €1,632 | +€358 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €38,907 | €39,796 | +€889 | +2.3% |
| Income taxes | 67/77 | €7,677 | €7,734 | +€56 | +0.7% |
| Profit (loss) for the period | 9904 | €31,229 | €32,063 | +€833 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,229 | €32,063 | +€833 | +2.7% |
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 30 September 2026 via checked.be.