2GUIDE: 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.
2GUIDE
Largest movements
- Receivables within one year -€6,543
down €6,543 (-15.5%), from €42,107 to €35,564
of which Other amounts receivable: -€6,543
- Tangible fixed assets -€1,481
down €1,481 (-17.6%), from €8,404 to €6,923
- Tax, wage and social debts -€7,490
down €7,490 (-29.5%), from €25,358 to €17,868
- Short-term financial debts -€4,030
down €4,030 (-35.4%), from €11,376 to €7,346
- Profit (loss) carried forward +€1,901
up €1,901 (+41.7%), from -€4,561 to -€2,660
- Trade debts +€1,661
up €1,661 (+92.8%), from €1,790 to €3,451
- Gross operating margin -€33,435
down €33,435 (-70.1%), from €47,672 to €14,237
- Depreciation -€6,147
down €6,147 (-63.5%), from €9,684 to €3,537
- Taxes -€4,441
down €4,441 (-44.4%), from €10,000 to €5,559
- Other operating charges +€990
up €990 (+95.4%), from €1,038 to €2,028
- Financial charges -€509
down €509 (-30.2%), from €1,684 to €1,175
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 | €59,448 | €51,491 | -€7,957 | -13.4% |
| Fixed assets | 21/28 | €8,404 | €6,923 | -€1,481 | -17.6% |
| Tangible fixed assets | 22/27 | €8,404 | €6,923 | -€1,481 | -17.6% |
| Furniture and vehicles | 24 | €8,404 | €6,923 | -€1,481 | -17.6% |
| Current assets | 29/58 | €51,044 | €44,568 | -€6,476 | -12.7% |
| Amounts receivable within one year | 40/41 | €42,107 | €35,564 | -€6,543 | -15.5% |
| Trade receivables | 40 | €3,050 | €3,050 | = | 0.0% |
| Other amounts receivable | 41 | €39,057 | €32,514 | -€6,543 | -16.8% |
| Current investments | 50/53 | €7,088 | €7,088 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,849 | €1,916 | +€67 | +3.6% |
| Total equity and liabilities | 10/49 | €59,448 | €51,491 | -€7,957 | -13.4% |
| Equity | 10/15 | €20,924 | €22,825 | +€1,901 | +9.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,893 | €6,893 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €5,034 | €5,034 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,561 | -€2,660 | +€1,901 | +41.7% |
| Amounts payable | 17/49 | €38,524 | €28,666 | -€9,858 | -25.6% |
| Amounts payable within one year | 42/48 | €38,524 | €28,666 | -€9,858 | -25.6% |
| Financial debts | 43 | €11,376 | €7,346 | -€4,030 | -35.4% |
| Credit institutions | 430/8 | €11,376 | €7,346 | -€4,030 | -35.4% |
| Trade debts | 44 | €1,790 | €3,451 | +€1,661 | +92.8% |
| Suppliers | 440/4 | €1,790 | €3,451 | +€1,661 | +92.8% |
| Taxes, remuneration and social security | 45 | €25,358 | €17,868 | -€7,490 | -29.5% |
| Taxes | 450/3 | €25,358 | €17,868 | -€7,490 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,684 | €3,537 | -€6,147 | -63.5% |
| Other operating charges | 640/8 | €1,038 | €2,028 | +€990 | +95.4% |
| Non-recurring operating charges | 66A | €381 | €453 | +€72 | +18.9% |
| Gross operating margin | 9900 | €47,672 | €14,237 | -€33,435 | -70.1% |
| Operating profit (loss) | 9901 | €36,569 | €8,218 | -€28,351 | -77.5% |
| Financial income | 75/76B | €1 | €416 | +€416 | +46,689% |
| Recurring financial income | 75 | €1 | €416 | +€416 | +46,689% |
| Financial charges | 65/66B | €1,684 | €1,175 | -€509 | -30.2% |
| Recurring financial charges | 65 | €1,684 | €1,175 | -€509 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €34,886 | €7,460 | -€27,426 | -78.6% |
| Income taxes | 67/77 | €10,000 | €5,559 | -€4,441 | -44.4% |
| Profit (loss) for the period | 9904 | €24,886 | €1,901 | -€22,985 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,886 | €1,901 | -€22,985 | -92.4% |
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 16 October 2026 via checked.be.