ALL-MANAGEMENT: 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-MANAGEMENT
Largest movements
- Receivables within one year -€92,688
down €92,688 (-22.6%), from €409,479 to €316,792
of which Other amounts receivable: -€103,166
- Cash -€53,684
down €53,684 (-80.8%), from €66,402 to €12,718
mainly Debts after one year (-€170,000) and Investment in fixed assets (net) (-€54,297)
- Tangible fixed assets +€34,271
up €34,271 (+128.7%), from €26,638 to €60,909
of which Furniture and vehicles: +€35,209
- Debts after one year -€170,000
down €170,000 (-26.1%), from €651,572 to €481,572
- Reserves +€95,335
up €95,335 (+21.1%), from €451,699 to €547,034
- Current portion of long-term debt -€30,035
down €30,035 (-68.7%), from €43,724 to €13,689
- Trade debts -€19,075
down €19,075 (-84.0%), from €22,709 to €3,634
- Financial income -€763,633
no longer reported in 2024 (was €763,633)
of which Financial income: -€763,633
- Taxes -€37,529
down €37,529 (-44.6%), from €84,212 to €46,683
- Depreciation +€13,772
up €13,772 (+220.2%), from €6,254 to €20,026
- Gross operating margin +€2,810
up €2,810 (+1.7%), from €162,097 to €164,907
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 | €1,294,690 | €1,182,594 | -€112,096 | -8.7% |
| Fixed assets | 21/28 | €818,466 | €852,736 | +€34,271 | +4.2% |
| Tangible fixed assets | 22/27 | €26,638 | €60,909 | +€34,271 | +128.7% |
| Plant, machinery and equipment | 23 | €3,674 | €2,736 | -€938 | -25.5% |
| Furniture and vehicles | 24 | €22,965 | €58,173 | +€35,209 | +153.3% |
| Financial fixed assets | 28 | €791,827 | €791,827 | = | 0.0% |
| Current assets | 29/58 | €476,224 | €329,858 | -€146,367 | -30.7% |
| Amounts receivable within one year | 40/41 | €409,479 | €316,792 | -€92,688 | -22.6% |
| Trade receivables | 40 | €13,917 | €24,395 | +€10,478 | +75.3% |
| Other amounts receivable | 41 | €395,562 | €292,397 | -€103,166 | -26.1% |
| Cash at bank and in hand | 54/58 | €66,402 | €12,718 | -€53,684 | -80.8% |
| Deferred charges and accrued income | 490/1 | €343 | €348 | +€5 | +1.4% |
| Total equity and liabilities | 10/49 | €1,294,690 | €1,182,594 | -€112,096 | -8.7% |
| Equity | 10/15 | €526,699 | €622,034 | +€95,335 | +18.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €451,699 | €547,034 | +€95,335 | +21.1% |
| Distributable reserves | 133 | €451,699 | €547,034 | +€95,335 | +21.1% |
| Amounts payable | 17/49 | €767,990 | €560,560 | -€207,430 | -27.0% |
| Amounts payable after more than one year | 17 | €651,572 | €481,572 | -€170,000 | -26.1% |
| Other amounts payable | 178/9 | €651,572 | €481,572 | -€170,000 | -26.1% |
| Amounts payable within one year | 42/48 | €116,418 | €78,988 | -€37,430 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €43,724 | €13,689 | -€30,035 | -68.7% |
| Trade debts | 44 | €22,709 | €3,634 | -€19,075 | -84.0% |
| Suppliers | 440/4 | €22,709 | €3,634 | -€19,075 | -84.0% |
| Taxes, remuneration and social security | 45 | €49,986 | €61,665 | +€11,680 | +23.4% |
| Taxes | 450/3 | €49,986 | €61,665 | +€11,680 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,254 | €20,026 | +€13,772 | +220.2% |
| Other operating charges | 640/8 | €1,594 | €1,626 | +€32 | +2.0% |
| Gross operating margin | 9900 | €162,097 | €164,907 | +€2,810 | +1.7% |
| Operating profit (loss) | 9901 | €154,249 | €143,255 | -€10,994 | -7.1% |
| Financial income | 75/76B | €763,633 | - | -€763,633 | |
| Recurring financial income | 75 | €763,633 | - | -€763,633 | |
| Non-recurring financial income | 76B | €763,633 | - | -€763,633 | |
| Financial charges | 65/66B | €1,664 | €1,237 | -€426 | -25.6% |
| Recurring financial charges | 65 | €1,664 | €1,237 | -€426 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €916,218 | €142,017 | -€774,201 | -84.5% |
| Income taxes | 67/77 | €84,212 | €46,683 | -€37,529 | -44.6% |
| Profit (loss) for the period | 9904 | €832,006 | €95,335 | -€736,672 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €832,006 | €95,335 | -€736,672 | -88.5% |
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.