AF&DD: 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.
AF&DD
Largest movements
- Receivables within one year -€27,289
down €27,289 (-94.3%), from €28,948 to €1,659
of which Trade receivables: -€23,006
- Tangible fixed assets -€15,126
down €15,126 (-22.1%), from €68,435 to €53,310
- Cash +€2,073
up €2,073 (+126%), from €1,648 to €3,721
mainly Receivables within one year (+€27,289) and Depreciation (+€15,126)
- Other debts -€14,897
down €14,897 (-90.6%), from €16,437 to €1,540
- Trade debts -€13,744
down €13,744 (-96.1%), from €14,301 to €557
- Debts after one year -€12,590
down €12,590 (-38.2%), from €32,990 to €20,399
- Gross operating margin -€10,974
down €10,974 (-36.3%), from €30,192 to €19,218
- Taxes -€3,500
no longer reported in 2024 (was €3,500)
- Financial charges -€1,025
down €1,025 (-46.3%), from €2,212 to €1,187
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 | €99,031 | €58,690 | -€40,342 | -40.7% |
| Fixed assets | 21/28 | €68,435 | €53,310 | -€15,126 | -22.1% |
| Tangible fixed assets | 22/27 | €68,435 | €53,310 | -€15,126 | -22.1% |
| Furniture and vehicles | 24 | €68,435 | €53,310 | -€15,126 | -22.1% |
| Current assets | 29/58 | €30,596 | €5,380 | -€25,216 | -82.4% |
| Amounts receivable within one year | 40/41 | €28,948 | €1,659 | -€27,289 | -94.3% |
| Trade receivables | 40 | €23,006 | - | -€23,006 | |
| Other amounts receivable | 41 | €5,942 | €1,659 | -€4,283 | -72.1% |
| Cash at bank and in hand | 54/58 | €1,648 | €3,721 | +€2,073 | +126% |
| Total equity and liabilities | 10/49 | €99,031 | €58,690 | -€40,342 | -40.7% |
| Equity | 10/15 | €18,209 | €19,099 | +€890 | +4.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,209 | €16,099 | +€890 | +5.8% |
| Amounts payable | 17/49 | €80,822 | €39,591 | -€41,231 | -51.0% |
| Amounts payable after more than one year | 17 | €32,990 | €20,399 | -€12,590 | -38.2% |
| Financial debts | 170/4 | €32,990 | €20,399 | -€12,590 | -38.2% |
| Amounts payable within one year | 42/48 | €47,833 | €19,192 | -€28,641 | -59.9% |
| Current portion of amounts payable after more than one year | 42 | €13,595 | €13,595 | = | 0.0% |
| Trade debts | 44 | €14,301 | €557 | -€13,744 | -96.1% |
| Suppliers | 440/4 | €14,301 | €557 | -€13,744 | -96.1% |
| Taxes, remuneration and social security | 45 | €3,500 | €3,500 | = | 0.0% |
| Taxes | 450/3 | €3,500 | €3,500 | = | 0.0% |
| Other amounts payable | 47/48 | €16,437 | €1,540 | -€14,897 | -90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,126 | €15,126 | = | 0.0% |
| Other operating charges | 640/8 | €2,267 | €2,016 | -€252 | -11.1% |
| Gross operating margin | 9900 | €30,192 | €19,218 | -€10,974 | -36.3% |
| Operating profit (loss) | 9901 | €12,799 | €2,077 | -€10,722 | -83.8% |
| Financial charges | 65/66B | €2,212 | €1,187 | -€1,025 | -46.3% |
| Recurring financial charges | 65 | €2,212 | €1,187 | -€1,025 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €10,587 | €890 | -€9,697 | -91.6% |
| Income taxes | 67/77 | €3,500 | - | -€3,500 | |
| Profit (loss) for the period | 9904 | €7,087 | €890 | -€6,197 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,087 | €890 | -€6,197 | -87.4% |
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 13 October 2026 via checked.be.