3D DISPLAY: 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.
3D DISPLAY
Largest movements
- Receivables within one year -€45,509
down €45,509 (-61.6%), from €73,831 to €28,322
of which Trade receivables: -€45,634
- Cash +€28,469
up €28,469 (+160.5%), from €17,738 to €46,207
mainly Receivables within one year (+€45,509) and Net result for the year (+€26,166)
- Tangible fixed assets +€7,634
up €7,634 (+170.4%), from €4,480 to €12,114
of which Furniture and vehicles: +€8,472
- Stocks and contracts -€1,926
down €1,926 (-23.3%), from €8,278 to €6,352
- Trade debts -€35,058
down €35,058 (-98.5%), from €35,591 to €533
- Reserves +€18,000
up €18,000 (+98.1%), from €18,350 to €36,350
of which Distributable reserves: +€18,000
- Profit (loss) carried forward +€8,166
up €8,166 (+44.8%), from €18,225 to €26,391
- Tax, wage and social debts -€2,846
down €2,846 (-26.8%), from €10,639 to €7,793
of which Remuneration and social security: -€2,949
- Gross operating margin +€27,485
up €27,485 (+141.0%), from €19,498 to €46,983
- Taxes +€6,956
up €6,956 (+228.5%), from €3,044 to €10,000
- Depreciation +€3,813
up €3,813 (+218.0%), from €1,749 to €5,562
- Financial charges -€750
down €750 (-45.0%), from €1,665 to €915
- Other operating charges +€532
up €532 (+16.8%), from €3,164 to €3,696
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 | €104,471 | €93,139 | -€11,332 | -10.8% |
| Fixed assets | 21/28 | €4,624 | €12,258 | +€7,634 | +165.1% |
| Tangible fixed assets | 22/27 | €4,480 | €12,114 | +€7,634 | +170.4% |
| Plant, machinery and equipment | 23 | €838 | - | -€838 | |
| Furniture and vehicles | 24 | €3,642 | €12,114 | +€8,472 | +232.6% |
| Financial fixed assets | 28 | €144 | €144 | = | 0.0% |
| Current assets | 29/58 | €99,847 | €80,881 | -€18,966 | -19.0% |
| Stocks and contracts in progress | 3 | €8,278 | €6,352 | -€1,926 | -23.3% |
| Stocks | 30/36 | €8,278 | €6,352 | -€1,926 | -23.3% |
| Amounts receivable within one year | 40/41 | €73,831 | €28,322 | -€45,509 | -61.6% |
| Trade receivables | 40 | €67,393 | €21,759 | -€45,634 | -67.7% |
| Other amounts receivable | 41 | €6,438 | €6,563 | +€125 | +1.9% |
| Cash at bank and in hand | 54/58 | €17,738 | €46,207 | +€28,469 | +160.5% |
| Total equity and liabilities | 10/49 | €104,471 | €93,139 | -€11,332 | -10.8% |
| Equity | 10/15 | €55,175 | €81,341 | +€26,166 | +47.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,350 | €36,350 | +€18,000 | +98.1% |
| Non-distributable reserves | 130/1 | €1,158 | €1,157 | -€1 | -0.1% |
| Legal reserve | 130 | €1,158 | €1,157 | -€1 | -0.1% |
| Tax-exempt reserves | 132 | €17,192 | €17,193 | +€1 | 0.0% |
| Distributable reserves | 133 | - | €18,000 | +€18,000 | |
| Profit (loss) carried forward | 14 | €18,225 | €26,391 | +€8,166 | +44.8% |
| Amounts payable | 17/49 | €49,296 | €11,798 | -€37,498 | -76.1% |
| Amounts payable within one year | 42/48 | €49,296 | €11,798 | -€37,498 | -76.1% |
| Trade debts | 44 | €35,591 | €533 | -€35,058 | -98.5% |
| Suppliers | 440/4 | €35,591 | €533 | -€35,058 | -98.5% |
| Taxes, remuneration and social security | 45 | €10,639 | €7,793 | -€2,846 | -26.8% |
| Taxes | 450/3 | €7,690 | €7,793 | +€103 | +1.3% |
| Remuneration and social security | 454/9 | €2,949 | - | -€2,949 | |
| Other amounts payable | 47/48 | €3,066 | €3,472 | +€406 | +13.2% |
| Remuneration, social security and pensions | 62 | €384 | €387 | +€3 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,749 | €5,562 | +€3,813 | +218.0% |
| Other operating charges | 640/8 | €3,164 | €3,696 | +€532 | +16.8% |
| Non-recurring operating charges | 66A | €193 | €279 | +€86 | +44.6% |
| Gross operating margin | 9900 | €19,498 | €46,983 | +€27,485 | +141.0% |
| Operating profit (loss) | 9901 | €14,008 | €37,059 | +€23,051 | +164.6% |
| Financial income | 75/76B | €5 | €22 | +€17 | +340.0% |
| Recurring financial income | 75 | €5 | €22 | +€17 | +340.0% |
| Financial charges | 65/66B | €1,665 | €915 | -€750 | -45.0% |
| Recurring financial charges | 65 | €1,665 | €915 | -€750 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €12,348 | €36,166 | +€23,818 | +192.9% |
| Income taxes | 67/77 | €3,044 | €10,000 | +€6,956 | +228.5% |
| Profit (loss) for the period | 9904 | €9,304 | €26,166 | +€16,862 | +181.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,304 | €26,166 | +€16,862 | +181.2% |
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 2 October 2026 via checked.be.