A. H.: 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.
A. H.
Largest movements
- Cash -€77,973
down €77,973 (-37.6%), from €207,245 to €129,271
mainly Investment in fixed assets (net) (-€67,261) and Receivables within one year (-€13,147)
- Tangible fixed assets +€51,831
up €51,831 (+161.7%), from €32,049 to €83,880
of which Furniture and vehicles: +€52,370
- Receivables within one year +€13,147
up €13,147 (+158.4%), from €8,300 to €21,447
of which Other amounts receivable: +€10,692
- Tax, wage and social debts -€12,002
down €12,002 (-81.1%), from €14,795 to €2,793
of which Taxes: -€11,971
- Gross operating margin -€51,840
down €51,840 (-45.9%), from €112,937 to €61,098
- Taxes -€15,607
down €15,607 (-92.0%), from €16,971 to €1,364
- Depreciation +€4,811
up €4,811 (+45.3%), from €10,618 to €15,429
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 | €248,533 | €234,599 | -€13,935 | -5.6% |
| Fixed assets | 21/28 | €32,049 | €83,880 | +€51,831 | +161.7% |
| Tangible fixed assets | 22/27 | €32,049 | €83,880 | +€51,831 | +161.7% |
| Land and buildings | 22 | €2,000 | - | -€2,000 | |
| Plant, machinery and equipment | 23 | €1,159 | €2,620 | +€1,461 | +126.0% |
| Furniture and vehicles | 24 | €28,889 | €81,260 | +€52,370 | +181.3% |
| Current assets | 29/58 | €216,485 | €150,719 | -€65,766 | -30.4% |
| Amounts receivable within one year | 40/41 | €8,300 | €21,447 | +€13,147 | +158.4% |
| Trade receivables | 40 | €1,823 | €4,278 | +€2,455 | +134.6% |
| Other amounts receivable | 41 | €6,477 | €17,169 | +€10,692 | +165.1% |
| Cash at bank and in hand | 54/58 | €207,245 | €129,271 | -€77,973 | -37.6% |
| Deferred charges and accrued income | 490/1 | €939 | - | -€939 | |
| Total equity and liabilities | 10/49 | €248,533 | €234,599 | -€13,935 | -5.6% |
| Equity | 10/15 | €215,281 | €217,526 | +€2,245 | +1.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €178,013 | €180,257 | +€2,245 | +1.3% |
| Distributable reserves | 133 | €178,013 | €180,257 | +€2,245 | +1.3% |
| Profit (loss) carried forward | 14 | €18,676 | €18,676 | = | 0.0% |
| Amounts payable | 17/49 | €33,252 | €17,073 | -€16,179 | -48.7% |
| Amounts payable within one year | 42/48 | €33,252 | €17,073 | -€16,179 | -48.7% |
| Trade debts | 44 | €15,004 | €12,830 | -€2,174 | -14.5% |
| Suppliers | 440/4 | €15,004 | €12,830 | -€2,174 | -14.5% |
| Taxes, remuneration and social security | 45 | €14,795 | €2,793 | -€12,002 | -81.1% |
| Taxes | 450/3 | €11,971 | - | -€11,971 | |
| Remuneration and social security | 454/9 | €2,823 | €2,793 | -€30 | -1.1% |
| Other amounts payable | 47/48 | €3,454 | €1,450 | -€2,004 | -58.0% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €35,505 | €34,755 | -€750 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,618 | €15,429 | +€4,811 | +45.3% |
| Other operating charges | 640/8 | €7,568 | €6,904 | -€664 | -8.8% |
| Gross operating margin | 9900 | €112,937 | €61,098 | -€51,840 | -45.9% |
| Operating profit (loss) | 9901 | €59,246 | €4,009 | -€55,237 | -93.2% |
| Financial income | 75/76B | €3 | €35 | +€31 | +930.3% |
| Recurring financial income | 75 | €3 | €35 | +€31 | +930.3% |
| Financial charges | 65/66B | €294 | €436 | +€141 | +48.1% |
| Recurring financial charges | 65 | €294 | €436 | +€141 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | €58,955 | €3,609 | -€55,347 | -93.9% |
| Income taxes | 67/77 | €16,971 | €1,364 | -€15,607 | -92.0% |
| Profit (loss) for the period | 9904 | €41,984 | €2,245 | -€39,739 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,984 | €2,245 | -€39,739 | -94.7% |
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 3 October 2026 via checked.be.