A LA SOURCE DES DOUCEURS: 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 LA SOURCE DES DOUCEURS
Largest movements
- Cash +€20,657
up €20,657 (+31.7%), from €65,177 to €85,834
mainly Net result for the year (+€46,494) and Depreciation (+€10,635)
- Tangible fixed assets -€10,635
down €10,635 (-6.7%), from €159,595 to €148,959
- Receivables within one year +€9,553
up €9,553 (+36.4%), from €26,235 to €35,788
of which Trade receivables: +€7,495
- Profit (loss) carried forward +€46,494
up €46,494 (+62.2%), from €74,803 to €121,296
- Trade debts -€22,093
down €22,093 (-51.1%), from €43,208 to €21,115
- Debts after one year -€10,778
down €10,778 (-17.8%), from €60,423 to €49,645
- Tax, wage and social debts +€4,889
up €4,889 (+20.9%), from €23,371 to €28,260
of which Remuneration and social security: +€3,906
- Gross operating margin +€24,663
up €24,663 (+20.8%), from €118,334 to €142,997
- Staff costs +€5,926
up €5,926 (+9.7%), from €61,025 to €66,951
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 | €258,393 | €277,226 | +€18,834 | +7.3% |
| Fixed assets | 21/28 | €159,595 | €148,959 | -€10,635 | -6.7% |
| Tangible fixed assets | 22/27 | €159,595 | €148,959 | -€10,635 | -6.7% |
| Land and buildings | 22 | €130,267 | €125,142 | -€5,124 | -3.9% |
| Plant, machinery and equipment | 23 | €3,103 | €2,461 | -€642 | -20.7% |
| Furniture and vehicles | 24 | €26,225 | €21,356 | -€4,869 | -18.6% |
| Current assets | 29/58 | €98,798 | €128,267 | +€29,469 | +29.8% |
| Stocks and contracts in progress | 3 | €7,386 | €6,645 | -€740 | -10.0% |
| Stocks | 30/36 | €7,386 | €6,645 | -€740 | -10.0% |
| Amounts receivable within one year | 40/41 | €26,235 | €35,788 | +€9,553 | +36.4% |
| Trade receivables | 40 | €9,738 | €17,233 | +€7,495 | +77.0% |
| Other amounts receivable | 41 | €16,497 | €18,555 | +€2,058 | +12.5% |
| Cash at bank and in hand | 54/58 | €65,177 | €85,834 | +€20,657 | +31.7% |
| Total equity and liabilities | 10/49 | €258,393 | €277,226 | +€18,834 | +7.3% |
| Equity | 10/15 | €115,634 | €162,127 | +€46,494 | +40.2% |
| 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 | €9,668 | €9,668 | = | 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% |
| Distributable reserves | 133 | €7,808 | €7,808 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,803 | €121,296 | +€46,494 | +62.2% |
| Investment grants | 15 | €12,563 | €12,563 | = | 0.0% |
| Amounts payable | 17/49 | €142,759 | €115,099 | -€27,660 | -19.4% |
| Amounts payable after more than one year | 17 | €60,423 | €49,645 | -€10,778 | -17.8% |
| Financial debts | 170/4 | €60,423 | €49,645 | -€10,778 | -17.8% |
| Amounts payable within one year | 42/48 | €82,336 | €65,454 | -€16,881 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €10,456 | €10,778 | +€323 | +3.1% |
| Trade debts | 44 | €43,208 | €21,115 | -€22,093 | -51.1% |
| Suppliers | 440/4 | €43,208 | €21,115 | -€22,093 | -51.1% |
| Taxes, remuneration and social security | 45 | €23,371 | €28,260 | +€4,889 | +20.9% |
| Taxes | 450/3 | €12,530 | €13,513 | +€983 | +7.8% |
| Remuneration and social security | 454/9 | €10,841 | €14,747 | +€3,906 | +36.0% |
| Other amounts payable | 47/48 | €5,301 | €5,301 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €61,025 | €66,951 | +€5,926 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,100 | €10,635 | +€535 | +5.3% |
| Other operating charges | 640/8 | €1,837 | €922 | -€915 | -49.8% |
| Gross operating margin | 9900 | €118,334 | €142,997 | +€24,663 | +20.8% |
| Operating profit (loss) | 9901 | €45,371 | €64,488 | +€19,117 | +42.1% |
| Financial income | 75/76B | €3 | €5 | +€2 | +80.5% |
| Recurring financial income | 75 | €3 | €5 | +€2 | +80.5% |
| Financial charges | 65/66B | €7,166 | €6,305 | -€861 | -12.0% |
| Recurring financial charges | 65 | €7,166 | €6,305 | -€861 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €38,209 | €58,189 | +€19,980 | +52.3% |
| Income taxes | 67/77 | €10,410 | €11,695 | +€1,286 | +12.4% |
| Profit (loss) for the period | 9904 | €27,799 | €46,494 | +€18,695 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,799 | €46,494 | +€18,695 | +67.3% |
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 25 October 2026 via checked.be.