ANDRE MESSIKA: 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.
ANDRE MESSIKA
Largest movements
- Receivables within one year +€48,896
up €48,896 (+849.5%), from €5,756 to €54,651
of which Trade receivables: +€46,922
- Cash +€41,568
up €41,568 (+91.2%), from €45,592 to €87,160
mainly Trade debts (+€69,613) and Net result for the year (+€16,481)
- Trade debts +€69,613
up €69,613 (+16.7%), from €417,859 to €487,472
- Profit (loss) carried forward +€16,481
up €16,481 (+4.0%), from -€415,550 to -€399,068
- Tax, wage and social debts +€3,532
up €3,532 (+35.1%), from €10,058 to €13,590
- Other debts +€1,678
up €1,678 (+7.8%), from €21,380 to €23,058
- Gross operating margin +€48,643
up €48,643, from -€16,171 to €32,471
- Taxes +€3,625
up €3,625 (+36.4%), from €9,965 to €13,590
- Financial charges -€413
down €413 (-25.4%), from €1,624 to €1,211
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 | €53,857 | €143,902 | +€90,045 | +167.2% |
| Fixed assets | 21/28 | €2,510 | €2,090 | -€420 | -16.7% |
| Tangible fixed assets | 22/27 | €2,310 | €1,890 | -€420 | -18.2% |
| Plant, machinery and equipment | 23 | €2,310 | €1,890 | -€420 | -18.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €51,348 | €141,812 | +€90,464 | +176.2% |
| Amounts receivable within one year | 40/41 | €5,756 | €54,651 | +€48,896 | +849.5% |
| Trade receivables | 40 | - | €46,922 | +€46,922 | |
| Other amounts receivable | 41 | €5,756 | €7,730 | +€1,974 | +34.3% |
| Cash at bank and in hand | 54/58 | €45,592 | €87,160 | +€41,568 | +91.2% |
| Total equity and liabilities | 10/49 | €53,857 | €143,902 | +€90,045 | +167.2% |
| Equity | 10/15 | -€396,700 | -€380,218 | +€16,481 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€415,550 | -€399,068 | +€16,481 | +4.0% |
| Amounts payable | 17/49 | €450,557 | €524,120 | +€73,563 | +16.3% |
| Amounts payable within one year | 42/48 | €449,297 | €524,120 | +€74,823 | +16.7% |
| Trade debts | 44 | €417,859 | €487,472 | +€69,613 | +16.7% |
| Suppliers | 440/4 | €417,859 | €487,472 | +€69,613 | +16.7% |
| Taxes, remuneration and social security | 45 | €10,058 | €13,590 | +€3,532 | +35.1% |
| Taxes | 450/3 | €10,058 | €13,590 | +€3,532 | +35.1% |
| Other amounts payable | 47/48 | €21,380 | €23,058 | +€1,678 | +7.8% |
| Accrued charges and deferred income | 492/3 | €1,259 | - | -€1,259 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €642 | €420 | -€222 | -34.6% |
| Other operating charges | 640/8 | €967 | €769 | -€198 | -20.5% |
| Gross operating margin | 9900 | -€16,171 | €32,471 | +€48,643 | |
| Operating profit (loss) | 9901 | -€17,780 | €31,283 | +€49,062 | |
| Financial charges | 65/66B | €1,624 | €1,211 | -€413 | -25.4% |
| Recurring financial charges | 65 | €1,624 | €1,211 | -€413 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | -€19,404 | €30,071 | +€49,475 | |
| Income taxes | 67/77 | €9,965 | €13,590 | +€3,625 | +36.4% |
| Profit (loss) for the period | 9904 | -€29,368 | €16,481 | +€45,850 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,368 | €16,481 | +€45,850 |
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 11 October 2026 via checked.be.