ADDED TIME: 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.
ADDED TIME
Largest movements
- Tangible fixed assets +€36,169
up €36,169 (+279%), from €12,960 to €49,129
of which Plant, machinery and equipment: +€39,909
- Receivables within one year +€15,726
up €15,726 (+1,556%), from €1,011 to €16,737
of which Trade receivables: +€12,513
- Profit (loss) carried forward +€26,207
up €26,207 (+3,333%), from €786 to €26,993
- Other debts +€11,862
up €11,862 (+47.4%), from €25,000 to €36,862
- Trade debts +€7,189
up €7,189 (+1,301%), from €553 to €7,742
- Tax, wage and social debts +€6,748
new in 2024: €6,748
- Gross operating margin +€21,985
up €21,985 (+71.6%), from €30,706 to €52,691
- Depreciation +€9,977
up €9,977 (+267%), from €3,740 to €13,717
- Taxes +€6,748
new in 2024: €6,748
- Other operating charges +€4,844
up €4,844 (+425%), from €1,139 to €5,983
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 | €28,339 | €80,345 | +€52,006 | +184% |
| Fixed assets | 21/28 | €12,960 | €49,129 | +€36,169 | +279% |
| Tangible fixed assets | 22/27 | €12,960 | €49,129 | +€36,169 | +279% |
| Land and buildings | 22 | €6,960 | €5,220 | -€1,740 | -25.0% |
| Plant, machinery and equipment | 23 | - | €39,909 | +€39,909 | |
| Furniture and vehicles | 24 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Current assets | 29/58 | €15,379 | €31,216 | +€15,837 | +103% |
| Amounts receivable within one year | 40/41 | €1,011 | €16,737 | +€15,726 | +1,556% |
| Trade receivables | 40 | €1,011 | €13,524 | +€12,513 | +1,238% |
| Other amounts receivable | 41 | - | €3,213 | +€3,213 | |
| Cash at bank and in hand | 54/58 | €14,368 | €14,479 | +€111 | +0.8% |
| Total equity and liabilities | 10/49 | €28,339 | €80,345 | +€52,006 | +184% |
| Equity | 10/15 | €2,786 | €28,993 | +€26,207 | +941% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €786 | €26,993 | +€26,207 | +3,333% |
| Amounts payable | 17/49 | €25,553 | €51,351 | +€25,799 | +101% |
| Amounts payable within one year | 42/48 | €25,553 | €51,351 | +€25,799 | +101% |
| Trade debts | 44 | €553 | €7,742 | +€7,189 | +1,301% |
| Suppliers | 440/4 | €553 | €7,742 | +€7,189 | +1,301% |
| Taxes, remuneration and social security | 45 | - | €6,748 | +€6,748 | |
| Taxes | 450/3 | - | €6,748 | +€6,748 | |
| Other amounts payable | 47/48 | €25,000 | €36,862 | +€11,862 | +47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,740 | €13,717 | +€9,977 | +267% |
| Other operating charges | 640/8 | €1,139 | €5,983 | +€4,844 | +425% |
| Gross operating margin | 9900 | €30,706 | €52,691 | +€21,985 | +71.6% |
| Operating profit (loss) | 9901 | €25,826 | €32,990 | +€7,164 | +27.7% |
| Financial income | 75/76B | €0 | €23 | +€23 | +76,167% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +76,167% |
| Financial charges | 65/66B | €40 | €58 | +€18 | +45.6% |
| Recurring financial charges | 65 | €40 | €58 | +€18 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €25,786 | €32,955 | +€7,168 | +27.8% |
| Income taxes | 67/77 | - | €6,748 | +€6,748 | |
| Profit (loss) for the period | 9904 | €25,786 | €26,207 | +€421 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,786 | €26,207 | +€421 | +1.6% |
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 15 October 2026 via checked.be.