ABCD: 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.
ABCD
Largest movements
- Stocks and contracts +€15,804
up €15,804 (+56.9%), from €27,774 to €43,578
- Cash -€4,050
down €4,050 (-33.9%), from €11,959 to €7,908
mainly Stocks and contracts (-€15,804) and Other debts (-€10,623)
- Tangible fixed assets -€3,427
down €3,427 (-81.8%), from €4,192 to €765
of which Land and buildings: -€1,882
- Receivables within one year +€2,679
up €2,679 (+161.6%), from €1,658 to €4,337
of which Other amounts receivable: +€4,337
- Deferred charges and accrued income +€850
up €850 (+63.9%), from €1,330 to €2,180
- Profit (loss) carried forward +€51,821
no longer reported in 2024 (was -€51,821)
- Reserves -€40,440
down €40,440 (-62.0%), from €65,200 to €24,760
- Tax, wage and social debts +€10,627
up €10,627 (+137.5%), from €7,726 to €18,354
of which Remuneration and social security: +€9,827
- Other debts -€10,623
no longer reported in 2024 (was €10,623)
- Staff costs +€16,775
up €16,775 (+22.4%), from €74,753 to €91,528
- Gross operating margin +€2,664
up €2,664 (+2.4%), from €110,764 to €113,428
- Other operating charges -€1,184
down €1,184 (-16.4%), from €7,214 to €6,031
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 | €55,616 | €67,473 | +€11,857 | +21.3% |
| Fixed assets | 21/28 | €12,896 | €9,470 | -€3,427 | -26.6% |
| Tangible fixed assets | 22/27 | €4,192 | €765 | -€3,427 | -81.8% |
| Land and buildings | 22 | €1,882 | - | -€1,882 | |
| Plant, machinery and equipment | 23 | €1,000 | - | -€1,000 | |
| Furniture and vehicles | 24 | €1,309 | €765 | -€545 | -41.6% |
| Financial fixed assets | 28 | €8,705 | €8,705 | = | 0.0% |
| Current assets | 29/58 | €42,720 | €58,004 | +€15,283 | +35.8% |
| Stocks and contracts in progress | 3 | €27,774 | €43,578 | +€15,804 | +56.9% |
| Stocks | 30/36 | €27,774 | €43,578 | +€15,804 | +56.9% |
| Amounts receivable within one year | 40/41 | €1,658 | €4,337 | +€2,679 | +161.6% |
| Trade receivables | 40 | €1,658 | - | -€1,658 | |
| Other amounts receivable | 41 | - | €4,337 | +€4,337 | |
| Cash at bank and in hand | 54/58 | €11,959 | €7,908 | -€4,050 | -33.9% |
| Deferred charges and accrued income | 490/1 | €1,330 | €2,180 | +€850 | +63.9% |
| Total equity and liabilities | 10/49 | €55,616 | €67,473 | +€11,857 | +21.3% |
| Equity | 10/15 | €31,979 | €43,360 | +€11,381 | +35.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,200 | €24,760 | -€40,440 | -62.0% |
| Distributable reserves | 133 | €65,200 | €24,760 | -€40,440 | -62.0% |
| Profit (loss) carried forward | 14 | -€51,821 | - | +€51,821 | |
| Amounts payable | 17/49 | €23,637 | €24,113 | +€476 | +2.0% |
| Amounts payable within one year | 42/48 | €23,637 | €24,113 | +€476 | +2.0% |
| Trade debts | 44 | €5,288 | €5,759 | +€471 | +8.9% |
| Suppliers | 440/4 | €5,288 | €5,759 | +€471 | +8.9% |
| Taxes, remuneration and social security | 45 | €7,726 | €18,354 | +€10,627 | +137.5% |
| Taxes | 450/3 | €4,540 | €5,340 | +€800 | +17.6% |
| Remuneration and social security | 454/9 | €3,186 | €13,014 | +€9,827 | +308.4% |
| Other amounts payable | 47/48 | €10,623 | - | -€10,623 | |
| Non-recurring operating income | 76A | - | €3,394 | +€3,394 | |
| Remuneration, social security and pensions | 62 | €74,753 | €91,528 | +€16,775 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,396 | €3,427 | -€969 | -22.0% |
| Other operating charges | 640/8 | €7,214 | €6,031 | -€1,184 | -16.4% |
| Gross operating margin | 9900 | €110,764 | €113,428 | +€2,664 | +2.4% |
| Operating profit (loss) | 9901 | €24,401 | €12,443 | -€11,958 | -49.0% |
| Financial income | 75/76B | €1 | €13 | +€11 | +939.7% |
| Recurring financial income | 75 | €1 | €13 | +€11 | +939.7% |
| Financial charges | 65/66B | €1,243 | €1,004 | -€239 | -19.2% |
| Recurring financial charges | 65 | €1,243 | €1,004 | -€239 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €23,159 | €11,451 | -€11,708 | -50.6% |
| Income taxes | 67/77 | €98 | €70 | -€28 | -28.7% |
| Profit (loss) for the period | 9904 | €23,061 | €11,381 | -€11,680 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,061 | €11,381 | -€11,680 | -50.6% |
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 1 October 2026 via checked.be.