ADD LIPS: 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.
ADD LIPS
Largest movements
- Receivables within one year +€31,657
up €31,657 (+14.1%), from €224,305 to €255,962
of which Trade receivables: +€127,164
- Cash -€14,496
down €14,496 (-91.9%), from €15,778 to €1,282
mainly Receivables within one year (-€31,657) and Deferred charges and accrued income (-€1,874)
- Tangible fixed assets -€4,945
down €4,945 (-19.6%), from €25,175 to €20,230
of which Other tangible fixed assets: -€4,083
- Tax, wage and social debts +€9,562
up €9,562 (+40.6%), from €23,563 to €33,125
of which Remuneration and social security: +€4,981
- Reserves +€4,000
up €4,000 (+1.9%), from €210,360 to €214,360
of which Distributable reserves: +€4,000
- Gross operating margin -€8,915
down €8,915 (-13.5%), from €66,200 to €57,286
- Depreciation -€8,754
down €8,754 (-63.9%), from €13,700 to €4,945
- Staff costs +€1,709
up €1,709 (+4.7%), from €36,014 to €37,723
- Taxes -€972
down €972 (-17.1%), from €5,667 to €4,695
- Financial charges +€706
up €706 (+233.3%), from €303 to €1,009
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 | €265,362 | €279,451 | +€14,089 | +5.3% |
| Fixed assets | 21/28 | €25,175 | €20,230 | -€4,945 | -19.6% |
| Tangible fixed assets | 22/27 | €25,175 | €20,230 | -€4,945 | -19.6% |
| Furniture and vehicles | 24 | €1,363 | €500 | -€863 | -63.3% |
| Other tangible fixed assets | 26 | €23,812 | €19,730 | -€4,083 | -17.1% |
| Current assets | 29/58 | €240,186 | €259,221 | +€19,035 | +7.9% |
| Amounts receivable within one year | 40/41 | €224,305 | €255,962 | +€31,657 | +14.1% |
| Trade receivables | 40 | €70,136 | €197,300 | +€127,164 | +181.3% |
| Other amounts receivable | 41 | €154,169 | €58,662 | -€95,508 | -61.9% |
| Cash at bank and in hand | 54/58 | €15,778 | €1,282 | -€14,496 | -91.9% |
| Deferred charges and accrued income | 490/1 | €103 | €1,977 | +€1,874 | +1811.4% |
| Total equity and liabilities | 10/49 | €265,362 | €279,451 | +€14,089 | +5.3% |
| Equity | 10/15 | €217,353 | €221,224 | +€3,872 | +1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €210,360 | €214,360 | +€4,000 | +1.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €210,360 | €214,360 | +€4,000 | +1.9% |
| Profit (loss) carried forward | 14 | €793 | €664 | -€129 | -16.2% |
| Amounts payable | 17/49 | €48,009 | €58,227 | +€10,218 | +21.3% |
| Amounts payable within one year | 42/48 | €48,009 | €58,227 | +€10,218 | +21.3% |
| Financial debts | 43 | €307 | €13 | -€294 | -95.7% |
| Credit institutions | 430/8 | €307 | €13 | -€294 | -95.7% |
| Trade debts | 44 | €15,627 | €16,420 | +€793 | +5.1% |
| Suppliers | 440/4 | €15,627 | €16,420 | +€793 | +5.1% |
| Taxes, remuneration and social security | 45 | €23,563 | €33,125 | +€9,562 | +40.6% |
| Taxes | 450/3 | €19,467 | €24,049 | +€4,582 | +23.5% |
| Remuneration and social security | 454/9 | €4,096 | €9,077 | +€4,981 | +121.6% |
| Other amounts payable | 47/48 | €8,512 | €8,668 | +€156 | +1.8% |
| Non-recurring operating income | 76A | - | €631 | +€631 | |
| Remuneration, social security and pensions | 62 | €36,014 | €37,723 | +€1,709 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,700 | €4,945 | -€8,754 | -63.9% |
| Other operating charges | 640/8 | €142 | €384 | +€242 | +170.0% |
| Non-recurring operating charges | 66A | €50 | €4,668 | +€4,618 | +9245.7% |
| Gross operating margin | 9900 | €66,200 | €57,286 | -€8,915 | -13.5% |
| Operating profit (loss) | 9901 | €16,294 | €9,565 | -€6,729 | -41.3% |
| Financial income | 75/76B | €0 | €11 | +€10 | +3416.7% |
| Recurring financial income | 75 | €0 | €11 | +€10 | +3416.7% |
| Financial charges | 65/66B | €303 | €1,009 | +€706 | +233.3% |
| Recurring financial charges | 65 | €303 | €1,009 | +€706 | +233.3% |
| Profit (loss) for the period before taxes | 9903 | €15,992 | €8,566 | -€7,425 | -46.4% |
| Income taxes | 67/77 | €5,667 | €4,695 | -€972 | -17.1% |
| Profit (loss) for the period | 9904 | €10,325 | €3,872 | -€6,454 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,325 | €3,872 | -€6,454 | -62.5% |
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 7 October 2026 via checked.be.