ADDITVALUE: 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.
ADDITVALUE
Largest movements
- Cash -€16,916
down €16,916 (-79.2%), from €21,354 to €4,438
mainly Net result for the year (-€66,669) and Investment in fixed assets (net) (-€19,796)
- Intangible fixed assets +€16,799
up €16,799 (+659.0%), from €2,549 to €19,348
- Receivables within one year -€5,004
down €5,004 (-21.8%), from €22,965 to €17,961
of which Trade receivables: -€13,310
- Tangible fixed assets +€2,997
up €2,997 (+36.5%), from €8,206 to €11,203
of which Other tangible fixed assets: +€2,997
- Other debts +€68,059
up €68,059 (+570.0%), from €11,941 to €80,000
- Profit (loss) carried forward -€66,670
down €66,670, from €11,753 to -€54,917
- Tax, wage and social debts -€7,236
no longer reported in 2024 (was €7,236)
of which Remuneration and social security: -€4,000
- Trade debts +€3,723
up €3,723 (+163.6%), from €2,275 to €5,998
- Turnover -€121,880
down €121,880 (-79.7%), from €153,000 to €31,120
- Gross operating margin -€86,874
down €86,874, from €16,743 to -€70,131
- Purchases and services -€34,960
down €34,960 (-25.5%), from €136,930 to €101,970
- Taxes -€11,199
down €11,199, from €7,000 to -€4,199
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 | €55,074 | €52,950 | -€2,124 | -3.9% |
| Fixed assets | 21/28 | €10,755 | €30,551 | +€19,796 | +184.1% |
| Intangible fixed assets | 21 | €2,549 | €19,348 | +€16,799 | +659.0% |
| Tangible fixed assets | 22/27 | €8,206 | €11,203 | +€2,997 | +36.5% |
| Furniture and vehicles | 24 | €4,293 | €4,293 | = | 0.0% |
| Other tangible fixed assets | 26 | €3,913 | €6,910 | +€2,997 | +76.6% |
| Current assets | 29/58 | €44,319 | €22,399 | -€21,920 | -49.5% |
| Amounts receivable within one year | 40/41 | €22,965 | €17,961 | -€5,004 | -21.8% |
| Trade receivables | 40 | €14,520 | €1,210 | -€13,310 | -91.7% |
| Other amounts receivable | 41 | €8,445 | €16,751 | +€8,306 | +98.4% |
| Cash at bank and in hand | 54/58 | €21,354 | €4,438 | -€16,916 | -79.2% |
| Total equity and liabilities | 10/49 | €55,074 | €52,950 | -€2,124 | -3.9% |
| Equity | 10/15 | €33,622 | -€33,048 | -€66,670 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,269 | €3,269 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,269 | €3,269 | = | 0.0% |
| Other | 1319 | €3,269 | €3,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,753 | -€54,917 | -€66,670 | |
| Amounts payable | 17/49 | €21,452 | €85,998 | +€64,546 | +300.9% |
| Amounts payable within one year | 42/48 | €21,452 | €85,998 | +€64,546 | +300.9% |
| Trade debts | 44 | €2,275 | €5,998 | +€3,723 | +163.6% |
| Suppliers | 440/4 | €2,275 | €5,998 | +€3,723 | +163.6% |
| Taxes, remuneration and social security | 45 | €7,236 | - | -€7,236 | |
| Taxes | 450/3 | €3,236 | - | -€3,236 | |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €11,941 | €80,000 | +€68,059 | +570.0% |
| Turnover | 70 | €153,000 | €31,120 | -€121,880 | -79.7% |
| Non-recurring operating income | 76A | €170 | €170 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €136,930 | €101,970 | -€34,960 | -25.5% |
| Other operating charges | 640/8 | €503 | €548 | +€45 | +8.9% |
| Gross operating margin | 9900 | €16,743 | -€70,131 | -€86,874 | |
| Operating profit (loss) | 9901 | €16,240 | -€70,679 | -€86,919 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €291 | €189 | -€102 | -35.1% |
| Recurring financial charges | 65 | €291 | €189 | -€102 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €15,951 | -€70,868 | -€86,819 | |
| Income taxes | 67/77 | €7,000 | -€4,199 | -€11,199 | |
| Profit (loss) for the period | 9904 | €8,951 | -€66,669 | -€75,620 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,951 | -€66,669 | -€75,620 |
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 6 October 2026 via checked.be.