ANALEXIS: 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.
ANALEXIS
Largest movements
- Cash +€53,402
up €53,402 (+39.8%), from €134,140 to €187,542
mainly Net result for the year (+€77,701) and Other debts (+€41,090)
- Tangible fixed assets -€13,295
down €13,295 (-27.6%), from €48,115 to €34,820
of which Furniture and vehicles: -€12,642
- Profit (loss) carried forward +€77,701
up €77,701 (+45.8%), from -€169,641 to -€91,940
- Other debts +€41,090
up €41,090 (+121%), from €34,000 to €75,090
- Trade debts -€40,218
down €40,218 (-11.6%), from €346,768 to €306,550
- Current portion of long-term debt -€16,529
no longer reported in 2024 (was €16,529)
- Debts after one year -€12,009
no longer reported in 2024 (was €12,009)
- Gross operating margin +€285,002
up €285,002 (+48.1%), from €592,352 to €877,355
- Taxes -€35,264
down €35,264, from €18,764 to -€16,500
- Other operating charges +€21,696
up €21,696 (+20.6%), from €105,179 to €126,874
- Depreciation -€20,984
down €20,984 (-41.4%), from €50,672 to €29,687
- Staff costs +€16,500
up €16,500 (+2.4%), from €684,431 to €700,931
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 | €459,812 | €500,382 | +€40,569 | +8.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €91,315 | €78,155 | -€13,160 | -14.4% |
| Tangible fixed assets | 22/27 | €48,115 | €34,820 | -€13,295 | -27.6% |
| Furniture and vehicles | 24 | €47,462 | €34,820 | -€12,642 | -26.6% |
| Leasing and similar rights | 25 | €652 | - | -€652 | |
| Financial fixed assets | 28 | €43,201 | €43,336 | +€135 | +0.3% |
| Current assets | 29/58 | €368,497 | €422,226 | +€53,729 | +14.6% |
| Amounts receivable within one year | 40/41 | €230,209 | €231,599 | +€1,390 | +0.6% |
| Trade receivables | 40 | €229,839 | €231,599 | +€1,761 | +0.8% |
| Other amounts receivable | 41 | €370 | - | -€370 | |
| Cash at bank and in hand | 54/58 | €134,140 | €187,542 | +€53,402 | +39.8% |
| Deferred charges and accrued income | 490/1 | €4,148 | €3,085 | -€1,063 | -25.6% |
| Total equity and liabilities | 10/49 | €459,812 | €500,382 | +€40,569 | +8.8% |
| Equity | 10/15 | -€149,481 | -€71,780 | +€77,701 | +52.0% |
| Contributions | 10/11 | €18,300 | €18,300 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€169,641 | -€91,940 | +€77,701 | +45.8% |
| Amounts payable | 17/49 | €609,293 | €572,162 | -€37,132 | -6.1% |
| Amounts payable after more than one year | 17 | €12,009 | - | -€12,009 | |
| Financial debts | 170/4 | €12,009 | - | -€12,009 | |
| Amounts payable within one year | 42/48 | €597,284 | €572,162 | -€25,123 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €16,529 | - | -€16,529 | |
| Trade debts | 44 | €346,768 | €306,550 | -€40,218 | -11.6% |
| Suppliers | 440/4 | €346,768 | €306,550 | -€40,218 | -11.6% |
| Taxes, remuneration and social security | 45 | €199,987 | €190,521 | -€9,465 | -4.7% |
| Taxes | 450/3 | €66,729 | €65,596 | -€1,133 | -1.7% |
| Remuneration and social security | 454/9 | €133,257 | €124,926 | -€8,332 | -6.3% |
| Other amounts payable | 47/48 | €34,000 | €75,090 | +€41,090 | +121% |
| Non-recurring operating income | 76A | €1,250 | - | -€1,250 | |
| Remuneration, social security and pensions | 62 | €684,431 | €700,931 | +€16,500 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,672 | €29,687 | -€20,984 | -41.4% |
| Other operating charges | 640/8 | €105,179 | €126,874 | +€21,696 | +20.6% |
| Gross operating margin | 9900 | €592,352 | €877,355 | +€285,002 | +48.1% |
| Operating profit (loss) | 9901 | -€247,929 | €19,862 | +€267,791 | |
| Financial income | 75/76B | €48,558 | €56,994 | +€8,436 | +17.4% |
| Recurring financial income | 75 | €48,558 | €56,994 | +€8,436 | +17.4% |
| Non-recurring financial income | 76B | €48,558 | €56,994 | +€8,436 | +17.4% |
| Financial charges | 65/66B | €20,803 | €15,655 | -€5,148 | -24.7% |
| Recurring financial charges | 65 | €3,586 | €7,615 | +€4,029 | +112% |
| Non-recurring financial charges | 66B | €17,217 | €8,040 | -€9,177 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | -€220,174 | €61,201 | +€281,375 | |
| Income taxes | 67/77 | €18,764 | -€16,500 | -€35,264 | |
| Profit (loss) for the period | 9904 | -€238,938 | €77,701 | +€316,639 | |
| Profit (loss) for the period to be appropriated | 9905 | -€238,938 | €77,701 | +€316,639 |
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 19 October 2026 via checked.be.