A-CHIEF: 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.
A-CHIEF
Largest movements
- Receivables within one year -€187,275
down €187,275 (-31.2%), from €600,725 to €413,450
of which Other amounts receivable: -€110,820
- Cash +€49,430
up €49,430 (+280%), from €17,632 to €67,062
mainly Other debts (+€215,737) and Receivables within one year (+€187,275)
- Tangible fixed assets -€12,137
down €12,137 (-34.9%), from €34,772 to €22,636
- Trade debts -€403,843
down €403,843 (-86.0%), from €469,380 to €65,537
- Other debts +€215,737
new in 2024: €215,737
- Reserves +€158,620
new in 2024: €158,620
- Profit (loss) carried forward -€156,055
no longer reported in 2024 (was €156,055)
- Tax, wage and social debts +€31,366
up €31,366 (+99.6%), from €31,482 to €62,848
of which Remuneration and social security: +€20,679
- Gross operating margin +€234,673
up €234,673 (+145%), from €161,298 to €395,971
- Staff costs +€117,528
up €117,528 (+103%), from €114,019 to €231,547
- Taxes +€24,956
up €24,956 (+219%), from €11,383 to €36,339
- Write-downs +€18,977
new in 2024: €18,977
- Financial income -€5,032
down €5,032 (-100.0%), from €5,033 to €1
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 | €658,865 | €504,241 | -€154,624 | -23.5% |
| Fixed assets | 21/28 | €34,772 | €22,636 | -€12,137 | -34.9% |
| Tangible fixed assets | 22/27 | €34,772 | €22,636 | -€12,137 | -34.9% |
| Furniture and vehicles | 24 | €34,772 | €22,636 | -€12,137 | -34.9% |
| Current assets | 29/58 | €624,093 | €481,605 | -€142,487 | -22.8% |
| Amounts receivable within one year | 40/41 | €600,725 | €413,450 | -€187,275 | -31.2% |
| Trade receivables | 40 | €489,905 | €413,450 | -€76,455 | -15.6% |
| Other amounts receivable | 41 | €110,820 | - | -€110,820 | |
| Cash at bank and in hand | 54/58 | €17,632 | €67,062 | +€49,430 | +280% |
| Deferred charges and accrued income | 490/1 | €5,736 | €1,094 | -€4,642 | -80.9% |
| Total equity and liabilities | 10/49 | €658,865 | €504,241 | -€154,624 | -23.5% |
| Equity | 10/15 | €157,555 | €160,120 | +€2,564 | +1.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €158,620 | +€158,620 | |
| Distributable reserves | 133 | - | €158,620 | +€158,620 | |
| Profit (loss) carried forward | 14 | €156,055 | - | -€156,055 | |
| Amounts payable | 17/49 | €501,310 | €344,121 | -€157,189 | -31.4% |
| Amounts payable within one year | 42/48 | €500,862 | €344,121 | -€156,740 | -31.3% |
| Trade debts | 44 | €469,380 | €65,537 | -€403,843 | -86.0% |
| Suppliers | 440/4 | €469,380 | €65,537 | -€403,843 | -86.0% |
| Taxes, remuneration and social security | 45 | €31,482 | €62,848 | +€31,366 | +99.6% |
| Taxes | 450/3 | €21,868 | €32,554 | +€10,686 | +48.9% |
| Remuneration and social security | 454/9 | €9,615 | €30,294 | +€20,679 | +215% |
| Other amounts payable | 47/48 | - | €215,737 | +€215,737 | |
| Accrued charges and deferred income | 492/3 | €448 | - | -€448 | |
| Non-recurring operating income | 76A | - | €10,880 | +€10,880 | |
| Remuneration, social security and pensions | 62 | €114,019 | €231,547 | +€117,528 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,574 | €14,407 | +€833 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,977 | +€18,977 | |
| Other operating charges | 640/8 | €1,294 | €1,239 | -€55 | -4.3% |
| Non-recurring operating charges | 66A | - | €457 | +€457 | |
| Gross operating margin | 9900 | €161,298 | €395,971 | +€234,673 | +145% |
| Operating profit (loss) | 9901 | €32,411 | €129,345 | +€96,934 | +299% |
| Financial income | 75/76B | €5,033 | €1 | -€5,032 | -100.0% |
| Recurring financial income | 75 | €5,033 | €1 | -€5,032 | -100.0% |
| Financial charges | 65/66B | €1,055 | €442 | -€613 | -58.1% |
| Recurring financial charges | 65 | €1,055 | €442 | -€613 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €36,389 | €128,904 | +€92,515 | +254% |
| Income taxes | 67/77 | €11,383 | €36,339 | +€24,956 | +219% |
| Profit (loss) for the period | 9904 | €25,006 | €92,564 | +€67,558 | +270% |
| Profit (loss) for the period to be appropriated | 9905 | €25,006 | €92,564 | +€67,558 | +270% |
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 15 October 2026 via checked.be.