3NEW: 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.
3NEW
Largest movements
- Receivables within one year +€14,768
up €14,768 (+37.7%), from €39,196 to €53,964
of which Other amounts receivable: +€11,819
- Cash +€9,788
up €9,788 (+13.2%), from €74,088 to €83,877
mainly Other debts (+€140,323) and Net result for the year (+€32,074)
- Other debts +€140,323
new in 2024: €140,323
- Reserves -€133,013
no longer reported in 2024 (was €133,013)
- Tax, wage and social debts +€24,763
up €24,763 (+340.6%), from €7,270 to €32,033
- Trade debts -€6,942
no longer reported in 2024 (was €6,942)
- Gross operating margin -€4,751
down €4,751 (-10.3%), from €46,078 to €41,327
- Taxes -€940
down €940 (-7.7%), from €12,270 to €11,330
- Financial income +€769
up €769 (+32.0%), from €2,405 to €3,174
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 | €151,225 | €176,356 | +€25,131 | +16.6% |
| Fixed assets | 21/28 | €1,528 | €1,333 | -€194 | -12.7% |
| Tangible fixed assets | 22/27 | €1,528 | €1,333 | -€194 | -12.7% |
| Plant, machinery and equipment | 23 | €1,528 | €1,333 | -€194 | -12.7% |
| Current assets | 29/58 | €149,698 | €175,023 | +€25,325 | +16.9% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,196 | €53,964 | +€14,768 | +37.7% |
| Trade receivables | 40 | €1,968 | €4,917 | +€2,949 | +149.8% |
| Other amounts receivable | 41 | €37,228 | €49,047 | +€11,819 | +31.7% |
| Cash at bank and in hand | 54/58 | €74,088 | €83,877 | +€9,788 | +13.2% |
| Deferred charges and accrued income | 490/1 | €1,413 | €2,182 | +€769 | +54.4% |
| Total equity and liabilities | 10/49 | €151,225 | €176,356 | +€25,131 | +16.6% |
| Equity | 10/15 | €137,013 | €4,000 | -€133,013 | -97.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €133,013 | - | -€133,013 | |
| Distributable reserves | 133 | €133,013 | - | -€133,013 | |
| Amounts payable | 17/49 | €14,213 | €172,356 | +€158,144 | +1112.7% |
| Amounts payable within one year | 42/48 | €14,213 | €172,356 | +€158,144 | +1112.7% |
| Trade debts | 44 | €6,942 | - | -€6,942 | |
| Suppliers | 440/4 | €6,942 | - | -€6,942 | |
| Taxes, remuneration and social security | 45 | €7,270 | €32,033 | +€24,763 | +340.6% |
| Taxes | 450/3 | €7,270 | €32,033 | +€24,763 | +340.6% |
| Other amounts payable | 47/48 | - | €140,323 | +€140,323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,053 | €812 | -€241 | -22.9% |
| Other operating charges | 640/8 | €94 | €44 | -€50 | -53.5% |
| Gross operating margin | 9900 | €46,078 | €41,327 | -€4,751 | -10.3% |
| Operating profit (loss) | 9901 | €44,931 | €40,471 | -€4,460 | -9.9% |
| Financial income | 75/76B | €2,405 | €3,174 | +€769 | +32.0% |
| Recurring financial income | 75 | €2,405 | €3,174 | +€769 | +32.0% |
| Financial charges | 65/66B | €164 | €241 | +€78 | +47.4% |
| Recurring financial charges | 65 | €164 | €241 | +€78 | +47.4% |
| Profit (loss) for the period before taxes | 9903 | €47,172 | €43,404 | -€3,769 | -8.0% |
| Income taxes | 67/77 | €12,270 | €11,330 | -€940 | -7.7% |
| Profit (loss) for the period | 9904 | €34,902 | €32,074 | -€2,829 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,902 | €32,074 | -€2,829 | -8.1% |
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.