AA NEW CONCEPT: 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.
AA NEW CONCEPT
Largest movements
- Receivables within one year -€19,610
down €19,610 (-94.6%), from €20,724 to €1,115
of which Trade receivables: -€20,724
- Cash -€11,793
no longer reported in 2024 (was €11,793)
mainly Net result for the year (-€14,980) and Trade debts (-€9,141)
- Tangible fixed assets -€2,700
down €2,700 (-50.0%), from €5,400 to €2,701
- Profit (loss) carried forward -€14,980
down €14,980 (-92.5%), from €16,195 to €1,215
- Trade debts -€9,141
no longer reported in 2024 (was €9,141)
- Other debts -€7,996
down €7,996 (-71.2%), from €11,236 to €3,240
- Tax, wage and social debts -€1,986
down €1,986 (-31.3%), from €6,346 to €4,360
- Gross operating margin -€34,624
down €34,624, from €25,605 to -€9,019
- Taxes -€4,304
no longer reported in 2024 (was €4,304)
- Write-downs +€1,062
up €1,062 (+50.0%), from €2,123 to €3,185
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 | €46,917 | €12,815 | -€34,102 | -72.7% |
| Fixed assets | 21/28 | €14,400 | €11,701 | -€2,700 | -18.7% |
| Tangible fixed assets | 22/27 | €5,400 | €2,701 | -€2,700 | -50.0% |
| Furniture and vehicles | 24 | €5,400 | €2,701 | -€2,700 | -50.0% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €32,517 | €1,115 | -€31,402 | -96.6% |
| Amounts receivable within one year | 40/41 | €20,724 | €1,115 | -€19,610 | -94.6% |
| Trade receivables | 40 | €20,724 | - | -€20,724 | |
| Other amounts receivable | 41 | - | €1,115 | +€1,115 | |
| Cash at bank and in hand | 54/58 | €11,793 | - | -€11,793 | |
| Total equity and liabilities | 10/49 | €46,917 | €12,815 | -€34,102 | -72.7% |
| Equity | 10/15 | €20,195 | €5,215 | -€14,980 | -74.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,195 | €1,215 | -€14,980 | -92.5% |
| Amounts payable | 17/49 | €26,723 | €7,600 | -€19,123 | -71.6% |
| Amounts payable within one year | 42/48 | €26,723 | €7,600 | -€19,123 | -71.6% |
| Trade debts | 44 | €9,141 | - | -€9,141 | |
| Suppliers | 440/4 | €9,141 | - | -€9,141 | |
| Taxes, remuneration and social security | 45 | €6,346 | €4,360 | -€1,986 | -31.3% |
| Taxes | 450/3 | €6,346 | €4,360 | -€1,986 | -31.3% |
| Other amounts payable | 47/48 | €11,236 | €3,240 | -€7,996 | -71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,700 | €2,700 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,123 | €3,185 | +€1,062 | +50.0% |
| Other operating charges | 640/8 | €285 | €56 | -€229 | -80.2% |
| Gross operating margin | 9900 | €25,605 | -€9,019 | -€34,624 | |
| Operating profit (loss) | 9901 | €20,497 | -€14,960 | -€35,457 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | - | €20 | +€20 | |
| Recurring financial charges | 65 | - | €20 | +€20 | |
| Profit (loss) for the period before taxes | 9903 | €20,498 | -€14,980 | -€35,478 | |
| Income taxes | 67/77 | €4,304 | - | -€4,304 | |
| Profit (loss) for the period | 9904 | €16,195 | -€14,980 | -€31,174 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,195 | -€14,980 | -€31,174 |
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 10 October 2026 via checked.be.