440px: 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.
440px
Largest movements
- Receivables within one year +€11,847
up €11,847 (+14.7%), from €80,551 to €92,398
of which Other amounts receivable: +€12,841
- Tangible fixed assets -€11,167
down €11,167 (-16.0%), from €69,661 to €58,493
of which Furniture and vehicles: -€12,761
- Cash -€7,671
down €7,671 (-50.6%), from €15,150 to €7,478
mainly Debts after one year (-€14,837) and Receivables within one year (-€11,847)
- Trade debts +€18,053
up €18,053 (+66.8%), from €27,023 to €45,076
- Debts after one year -€14,837
down €14,837 (-70.2%), from €21,121 to €6,285
- Tax, wage and social debts -€5,443
down €5,443 (-30.8%), from €17,665 to €12,222
of which Remuneration and social security: -€2,957
- Profit (loss) carried forward -€5,436
down €5,436 (-9.4%), from €57,578 to €52,142
- Gross operating margin +€26,043
up €26,043, from -€5,349 to €20,694
- Financial charges +€3,060
up €3,060 (+124%), from €2,476 to €5,536
- Depreciation -€772
down €772 (-4.0%), from €19,479 to €18,708
- Other operating charges -€234
down €234 (-20.4%), from €1,144 to €911
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 | €167,416 | €160,702 | -€6,714 | -4.0% |
| Fixed assets | 21/28 | €71,716 | €60,548 | -€11,167 | -15.6% |
| Tangible fixed assets | 22/27 | €69,661 | €58,493 | -€11,167 | -16.0% |
| Land and buildings | 22 | €21,127 | €24,671 | +€3,544 | +16.8% |
| Plant, machinery and equipment | 23 | €11,708 | €9,757 | -€1,951 | -16.7% |
| Furniture and vehicles | 24 | €36,826 | €24,066 | -€12,761 | -34.7% |
| Financial fixed assets | 28 | €2,055 | €2,055 | = | 0.0% |
| Current assets | 29/58 | €95,700 | €100,154 | +€4,454 | +4.7% |
| Amounts receivable within one year | 40/41 | €80,551 | €92,398 | +€11,847 | +14.7% |
| Trade receivables | 40 | €15,864 | €14,870 | -€993 | -6.3% |
| Other amounts receivable | 41 | €64,687 | €77,528 | +€12,841 | +19.9% |
| Cash at bank and in hand | 54/58 | €15,150 | €7,478 | -€7,671 | -50.6% |
| Deferred charges and accrued income | 490/1 | - | €278 | +€278 | |
| Total equity and liabilities | 10/49 | €167,416 | €160,702 | -€6,714 | -4.0% |
| Equity | 10/15 | €82,111 | €76,676 | -€5,436 | -6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,933 | €5,933 | = | 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% |
| Tax-exempt reserves | 132 | €554 | €554 | = | 0.0% |
| Distributable reserves | 133 | €3,519 | €3,519 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,578 | €52,142 | -€5,436 | -9.4% |
| Amounts payable | 17/49 | €85,305 | €84,027 | -€1,278 | -1.5% |
| Amounts payable after more than one year | 17 | €21,121 | €6,285 | -€14,837 | -70.2% |
| Financial debts | 170/4 | €21,121 | €6,285 | -€14,837 | -70.2% |
| Amounts payable within one year | 42/48 | €64,183 | €77,134 | +€12,951 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €19,495 | €19,837 | +€341 | +1.8% |
| Trade debts | 44 | €27,023 | €45,076 | +€18,053 | +66.8% |
| Suppliers | 440/4 | €27,023 | €45,076 | +€18,053 | +66.8% |
| Taxes, remuneration and social security | 45 | €17,665 | €12,222 | -€5,443 | -30.8% |
| Taxes | 450/3 | €10,065 | €7,579 | -€2,486 | -24.7% |
| Remuneration and social security | 454/9 | €7,600 | €4,643 | -€2,957 | -38.9% |
| Accrued charges and deferred income | 492/3 | - | €608 | +€608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,479 | €18,708 | -€772 | -4.0% |
| Other operating charges | 640/8 | €1,144 | €911 | -€234 | -20.4% |
| Non-recurring operating charges | 66A | €178 | €198 | +€20 | +11.3% |
| Gross operating margin | 9900 | -€5,349 | €20,694 | +€26,043 | |
| Operating profit (loss) | 9901 | -€26,150 | €878 | +€27,028 | |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €2,476 | €5,536 | +€3,060 | +124% |
| Recurring financial charges | 65 | €2,476 | €5,536 | +€3,060 | +124% |
| Profit (loss) for the period before taxes | 9903 | -€28,611 | -€4,658 | +€23,952 | +83.7% |
| Income taxes | 67/77 | €739 | €777 | +€38 | +5.1% |
| Profit (loss) for the period | 9904 | -€29,350 | -€5,436 | +€23,915 | +81.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,350 | -€5,436 | +€23,915 | +81.5% |
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 14 October 2026 via checked.be.