ANALYTICS MINDED: 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.
ANALYTICS MINDED
Largest movements
- Cash -€12,802
down €12,802 (-40.5%), from €31,613 to €18,811
mainly Contributions, distributions and other (-€15,000) and Tax, wage and social debts (-€11,100)
- Receivables within one year -€5,964
down €5,964 (-19.7%), from €30,214 to €24,249
of which Trade receivables: -€8,889
- Tangible fixed assets -€866
down €866 (-11.2%), from €7,715 to €6,849
- Profit (loss) carried forward -€13,019
down €13,019 (-30.8%), from €42,298 to €29,279
- Tax, wage and social debts -€11,100
down €11,100 (-66.7%), from €16,653 to €5,553
of which Taxes: -€8,573
- Other debts +€4,054
up €4,054 (+46.6%), from €8,696 to €12,750
- Staff costs +€14,910
up €14,910 (+835.4%), from €1,785 to €16,695
- Taxes -€2,610
down €2,610 (-57.2%), from €4,564 to €1,953
- Gross operating margin -€1,821
down €1,821 (-6.8%), from €26,867 to €25,046
- Financial charges -€1,270
down €1,270 (-77.4%), from €1,641 to €371
- Depreciation +€393
up €393 (+11.0%), from €3,583 to €3,976
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 | €69,961 | €50,548 | -€19,413 | -27.7% |
| Fixed assets | 21/28 | €7,791 | €6,925 | -€866 | -11.1% |
| Tangible fixed assets | 22/27 | €7,715 | €6,849 | -€866 | -11.2% |
| Furniture and vehicles | 24 | €7,715 | €6,849 | -€866 | -11.2% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €62,170 | €43,623 | -€18,547 | -29.8% |
| Amounts receivable within one year | 40/41 | €30,214 | €24,249 | -€5,964 | -19.7% |
| Trade receivables | 40 | €30,214 | €21,324 | -€8,889 | -29.4% |
| Other amounts receivable | 41 | - | €2,925 | +€2,925 | |
| Cash at bank and in hand | 54/58 | €31,613 | €18,811 | -€12,802 | -40.5% |
| Deferred charges and accrued income | 490/1 | €344 | €563 | +€219 | +63.8% |
| Total equity and liabilities | 10/49 | €69,961 | €50,548 | -€19,413 | -27.7% |
| Equity | 10/15 | €43,798 | €30,779 | -€13,019 | -29.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,298 | €29,279 | -€13,019 | -30.8% |
| Amounts payable | 17/49 | €26,163 | €19,769 | -€6,394 | -24.4% |
| Amounts payable within one year | 42/48 | €26,163 | €19,769 | -€6,394 | -24.4% |
| Trade debts | 44 | €815 | €1,466 | +€652 | +80.0% |
| Suppliers | 440/4 | €815 | €1,466 | +€652 | +80.0% |
| Taxes, remuneration and social security | 45 | €16,653 | €5,553 | -€11,100 | -66.7% |
| Taxes | 450/3 | €10,823 | €2,250 | -€8,573 | -79.2% |
| Remuneration and social security | 454/9 | €5,830 | €3,303 | -€2,527 | -43.3% |
| Other amounts payable | 47/48 | €8,696 | €12,750 | +€4,054 | +46.6% |
| Remuneration, social security and pensions | 62 | €1,785 | €16,695 | +€14,910 | +835.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,583 | €3,976 | +€393 | +11.0% |
| Other operating charges | 640/8 | €485 | €419 | -€65 | -13.5% |
| Gross operating margin | 9900 | €26,867 | €25,046 | -€1,821 | -6.8% |
| Operating profit (loss) | 9901 | €21,014 | €3,955 | -€17,059 | -81.2% |
| Financial income | 75/76B | - | €350 | +€350 | |
| Recurring financial income | 75 | - | €350 | +€350 | |
| Financial charges | 65/66B | €1,641 | €371 | -€1,270 | -77.4% |
| Recurring financial charges | 65 | €1,641 | €371 | -€1,270 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €19,373 | €3,934 | -€15,439 | -79.7% |
| Income taxes | 67/77 | €4,564 | €1,953 | -€2,610 | -57.2% |
| Profit (loss) for the period | 9904 | €14,810 | €1,981 | -€12,829 | -86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,810 | €1,981 | -€12,829 | -86.6% |
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.