ALM Event: 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.
ALM Event
Largest movements
- Stocks and contracts -€6,110
no longer reported in 2024 (was €6,110)
- Deferred charges and accrued income +€2,708
up €2,708 (+75.7%), from €3,577 to €6,285
- Receivables within one year +€1,080
up €1,080 (+5.1%), from €21,250 to €22,330
of which Other amounts receivable: +€1,143
- Tangible fixed assets -€857
down €857 (-32.4%), from €2,642 to €1,785
- Cash -€611
down €611 (-88.1%), from €693 to €82
mainly Net result for the year (-€9,749) and Deferred charges and accrued income (-€2,708)
- Profit (loss) carried forward -€9,749
down €9,749 (-357%), from -€2,731 to -€12,480
- Trade debts +€7,550
up €7,550 (+32.3%), from €23,407 to €30,956
- Tax, wage and social debts -€1,475
down €1,475 (-69.5%), from €2,121 to €646
- Gross operating margin -€7,713
down €7,713, from €2,284 to -€5,429
- Taxes -€954
down €954, from €800 to -€154
- Other operating charges -€849
down €849 (-48.7%), from €1,744 to €895
- Financial charges +€837
up €837 (+44.4%), from €1,885 to €2,722
- Financial income -€200
no longer reported in 2024 (was €200)
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 | €34,272 | €30,483 | -€3,789 | -11.1% |
| Fixed assets | 21/28 | €2,642 | €1,785 | -€857 | -32.4% |
| Tangible fixed assets | 22/27 | €2,642 | €1,785 | -€857 | -32.4% |
| Furniture and vehicles | 24 | €2,642 | €1,785 | -€857 | -32.4% |
| Current assets | 29/58 | €31,629 | €28,697 | -€2,932 | -9.3% |
| Stocks and contracts in progress | 3 | €6,110 | - | -€6,110 | |
| Stocks | 30/36 | €6,110 | - | -€6,110 | |
| Amounts receivable within one year | 40/41 | €21,250 | €22,330 | +€1,080 | +5.1% |
| Trade receivables | 40 | €21,250 | €21,187 | -€63 | -0.3% |
| Other amounts receivable | 41 | - | €1,143 | +€1,143 | |
| Cash at bank and in hand | 54/58 | €693 | €82 | -€611 | -88.1% |
| Deferred charges and accrued income | 490/1 | €3,577 | €6,285 | +€2,708 | +75.7% |
| Total equity and liabilities | 10/49 | €34,272 | €30,483 | -€3,789 | -11.1% |
| Equity | 10/15 | €1,769 | -€7,980 | -€9,749 | |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,731 | -€12,480 | -€9,749 | -357% |
| Amounts payable | 17/49 | €32,503 | €38,463 | +€5,960 | +18.3% |
| Amounts payable within one year | 42/48 | €32,503 | €38,463 | +€5,960 | +18.3% |
| Trade debts | 44 | €23,407 | €30,956 | +€7,550 | +32.3% |
| Suppliers | 440/4 | €23,407 | €30,956 | +€7,550 | +32.3% |
| Taxes, remuneration and social security | 45 | €2,121 | €646 | -€1,475 | -69.5% |
| Taxes | 450/3 | €2,121 | €646 | -€1,475 | -69.5% |
| Other amounts payable | 47/48 | €6,975 | €6,860 | -€115 | -1.6% |
| Non-recurring operating income | 76A | €328 | - | -€328 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €786 | €857 | +€71 | +9.1% |
| Other operating charges | 640/8 | €1,744 | €895 | -€849 | -48.7% |
| Gross operating margin | 9900 | €2,284 | -€5,429 | -€7,713 | |
| Operating profit (loss) | 9901 | -€246 | -€7,181 | -€6,935 | -2,820% |
| Financial income | 75/76B | €200 | - | -€200 | |
| Recurring financial income | 75 | €200 | - | -€200 | |
| Financial charges | 65/66B | €1,885 | €2,722 | +€837 | +44.4% |
| Recurring financial charges | 65 | €1,885 | €2,722 | +€837 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,931 | -€9,903 | -€7,973 | -413% |
| Income taxes | 67/77 | €800 | -€154 | -€954 | |
| Profit (loss) for the period | 9904 | -€2,731 | -€9,749 | -€7,019 | -257% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,731 | -€9,749 | -€7,019 | -257% |
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 14 October 2026 via checked.be.