ACTIVE B-SOUTH: 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.
ACTIVE B-SOUTH
Largest movements
- Tangible fixed assets -€10,806
down €10,806 (-76.7%), from €14,093 to €3,287
of which Plant, machinery and equipment: -€9,099
- Receivables within one year -€2,719
down €2,719 (-38.8%), from €7,000 to €4,281
- Cash -€1,010
down €1,010 (-28.9%), from €3,493 to €2,484
mainly Current portion of long-term debt (-€15,012) and Tax, wage and social debts (-€6,203)
- Deferred charges and accrued income -€286
no longer reported in 2024 (was €286)
- Current portion of long-term debt -€15,012
no longer reported in 2024 (was €15,012)
- Tax, wage and social debts -€6,203
down €6,203 (-34.7%), from €17,868 to €11,665
- Profit (loss) carried forward +€4,954
up €4,954 (+9.8%), from -€50,423 to -€45,469
- Trade debts +€3,082
up €3,082 (+39.0%), from €7,897 to €10,979
- Other debts -€1,641
down €1,641 (-11.7%), from €14,058 to €12,417
- Taxes -€8,037
down €8,037, from €8,000 to -€37
- Depreciation -€5,767
down €5,767 (-34.8%), from €16,573 to €10,806
- Financial charges -€3,012
no longer reported in 2024 (was €3,012)
- Gross operating margin +€1,239
up €1,239 (+6.5%), from €18,951 to €20,191
- Other operating charges +€458
up €458 (+11.4%), from €4,010 to €4,468
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 | €24,872 | €10,052 | -€14,820 | -59.6% |
| Fixed assets | 21/28 | €14,093 | €3,287 | -€10,806 | -76.7% |
| Tangible fixed assets | 22/27 | €14,093 | €3,287 | -€10,806 | -76.7% |
| Plant, machinery and equipment | 23 | €9,099 | - | -€9,099 | |
| Furniture and vehicles | 24 | €2,608 | €1,765 | -€843 | -32.3% |
| Other tangible fixed assets | 26 | €2,386 | €1,522 | -€864 | -36.2% |
| Current assets | 29/58 | €10,779 | €6,765 | -€4,014 | -37.2% |
| Amounts receivable within one year | 40/41 | €7,000 | €4,281 | -€2,719 | -38.8% |
| Other amounts receivable | 41 | €7,000 | €4,281 | -€2,719 | -38.8% |
| Cash at bank and in hand | 54/58 | €3,493 | €2,484 | -€1,010 | -28.9% |
| Deferred charges and accrued income | 490/1 | €286 | - | -€286 | |
| Total equity and liabilities | 10/49 | €24,872 | €10,052 | -€14,820 | -59.6% |
| Equity | 10/15 | -€29,963 | -€25,009 | +€4,954 | +16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€50,423 | -€45,469 | +€4,954 | +9.8% |
| Amounts payable | 17/49 | €54,835 | €35,061 | -€19,774 | -36.1% |
| Amounts payable within one year | 42/48 | €54,835 | €35,061 | -€19,774 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €15,012 | - | -€15,012 | |
| Trade debts | 44 | €7,897 | €10,979 | +€3,082 | +39.0% |
| Suppliers | 440/4 | €7,897 | €10,979 | +€3,082 | +39.0% |
| Taxes, remuneration and social security | 45 | €17,868 | €11,665 | -€6,203 | -34.7% |
| Taxes | 450/3 | €17,868 | €11,665 | -€6,203 | -34.7% |
| Other amounts payable | 47/48 | €14,058 | €12,417 | -€1,641 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,573 | €10,806 | -€5,767 | -34.8% |
| Other operating charges | 640/8 | €4,010 | €4,468 | +€458 | +11.4% |
| Gross operating margin | 9900 | €18,951 | €20,191 | +€1,239 | +6.5% |
| Operating profit (loss) | 9901 | -€1,631 | €4,917 | +€6,548 | |
| Financial charges | 65/66B | €3,012 | - | -€3,012 | |
| Recurring financial charges | 65 | €3,012 | - | -€3,012 | |
| Profit (loss) for the period before taxes | 9903 | -€4,644 | €4,917 | +€9,560 | |
| Income taxes | 67/77 | €8,000 | -€37 | -€8,037 | |
| Profit (loss) for the period | 9904 | -€12,644 | €4,954 | +€17,598 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,644 | €4,954 | +€17,598 |
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 17 October 2026 via checked.be.