ALL CM: 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.
ALL CM
Largest movements
- Cash -€27,150
down €27,150 (-43.6%), from €62,295 to €35,145
mainly Receivables within one year (-€19,037) and Tax, wage and social debts (-€13,001)
- Receivables within one year +€19,037
up €19,037 (+16.1%), from €118,317 to €137,354
of which Other amounts receivable: +€21,981
- Tangible fixed assets -€16,862
down €16,862 (-40.8%), from €41,356 to €24,494
of which Furniture and vehicles: -€15,726
- Stocks and contracts +€9,338
up €9,338 (+36.7%), from €25,415 to €34,753
- Trade debts +€15,987
up €15,987 (+67.9%), from €23,533 to €39,520
- Tax, wage and social debts -€13,001
down €13,001 (-24.8%), from €52,502 to €39,501
of which Taxes: -€13,782
- Debts after one year -€9,532
down €9,532 (-37.4%), from €25,520 to €15,988
- Profit (loss) carried forward -€9,303
down €9,303 (-16.7%), from €55,672 to €46,369
- Current portion of long-term debt -€4,127
down €4,127 (-30.2%), from €13,659 to €9,532
- Gross operating margin -€66,487
down €66,487 (-32.8%), from €202,506 to €136,019
- Staff costs +€6,462
up €6,462 (+6.7%), from €96,041 to €102,503
- Taxes -€4,921
down €4,921 (-33.0%), from €14,921 to €10,000
- Depreciation -€3,997
down €3,997 (-14.8%), from €27,088 to €23,091
- Other operating charges -€2,063
down €2,063 (-60.1%), from €3,435 to €1,372
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 | €258,946 | €242,770 | -€16,176 | -6.2% |
| Fixed assets | 21/28 | €49,006 | €32,144 | -€16,862 | -34.4% |
| Tangible fixed assets | 22/27 | €41,356 | €24,494 | -€16,862 | -40.8% |
| Plant, machinery and equipment | 23 | €7,212 | €6,076 | -€1,136 | -15.8% |
| Furniture and vehicles | 24 | €34,144 | €18,418 | -€15,726 | -46.1% |
| Financial fixed assets | 28 | €7,650 | €7,650 | = | 0.0% |
| Current assets | 29/58 | €209,940 | €210,626 | +€686 | +0.3% |
| Stocks and contracts in progress | 3 | €25,415 | €34,753 | +€9,338 | +36.7% |
| Stocks | 30/36 | €25,415 | €34,753 | +€9,338 | +36.7% |
| Amounts receivable within one year | 40/41 | €118,317 | €137,354 | +€19,037 | +16.1% |
| Trade receivables | 40 | €53,937 | €50,993 | -€2,944 | -5.5% |
| Other amounts receivable | 41 | €64,380 | €86,361 | +€21,981 | +34.1% |
| Cash at bank and in hand | 54/58 | €62,295 | €35,145 | -€27,150 | -43.6% |
| Deferred charges and accrued income | 490/1 | €3,913 | €3,374 | -€539 | -13.8% |
| Total equity and liabilities | 10/49 | €258,946 | €242,770 | -€16,176 | -6.2% |
| Equity | 10/15 | €143,732 | €134,429 | -€9,303 | -6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €81,860 | €81,860 | = | 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% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,672 | €46,369 | -€9,303 | -16.7% |
| Amounts payable | 17/49 | €115,214 | €108,341 | -€6,873 | -6.0% |
| Amounts payable after more than one year | 17 | €25,520 | €15,988 | -€9,532 | -37.4% |
| Financial debts | 170/4 | €25,520 | €15,988 | -€9,532 | -37.4% |
| Amounts payable within one year | 42/48 | €89,694 | €88,553 | -€1,141 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €13,659 | €9,532 | -€4,127 | -30.2% |
| Trade debts | 44 | €23,533 | €39,520 | +€15,987 | +67.9% |
| Suppliers | 440/4 | €23,533 | €39,520 | +€15,987 | +67.9% |
| Taxes, remuneration and social security | 45 | €52,502 | €39,501 | -€13,001 | -24.8% |
| Taxes | 450/3 | €32,411 | €18,629 | -€13,782 | -42.5% |
| Remuneration and social security | 454/9 | €20,091 | €20,872 | +€781 | +3.9% |
| Accrued charges and deferred income | 492/3 | - | €3,800 | +€3,800 | |
| Remuneration, social security and pensions | 62 | €96,041 | €102,503 | +€6,462 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,088 | €23,091 | -€3,997 | -14.8% |
| Other operating charges | 640/8 | €3,435 | €1,372 | -€2,063 | -60.1% |
| Non-recurring operating charges | 66A | €135 | - | -€135 | |
| Gross operating margin | 9900 | €202,506 | €136,019 | -€66,487 | -32.8% |
| Operating profit (loss) | 9901 | €75,807 | €9,053 | -€66,754 | -88.1% |
| Financial income | 75/76B | €55 | €9 | -€46 | -83.6% |
| Recurring financial income | 75 | €55 | €9 | -€46 | -83.6% |
| Financial charges | 65/66B | €6,512 | €8,365 | +€1,853 | +28.5% |
| Recurring financial charges | 65 | €6,512 | €8,365 | +€1,853 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €69,350 | €697 | -€68,653 | -99.0% |
| Income taxes | 67/77 | €14,921 | €10,000 | -€4,921 | -33.0% |
| Profit (loss) for the period | 9904 | €54,429 | -€9,303 | -€63,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,429 | -€9,303 | -€63,732 |
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.