ANGEL WINGS: 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.
ANGEL WINGS
Largest movements
- Receivables within one year +€4,021
up €4,021 (+6.2%), from €64,948 to €68,969
of which Trade receivables: +€3,836
- Cash -€949
down €949 (-90.1%), from €1,054 to €105
mainly Accrued charges and deferred income (-€4,500) and Receivables within one year (-€4,021)
- Profit (loss) carried forward +€6,998
up €6,998 (+40.6%), from -€17,243 to -€10,244
- Accrued charges and deferred income -€4,500
no longer reported in 2024 (was €4,500)
- Trade debts +€2,386
up €2,386 (+16.6%), from €14,389 to €16,775
- Other debts -€2,203
down €2,203 (-4.9%), from €45,005 to €42,802
- Gross operating margin +€3,471
up €3,471 (+74.4%), from €4,665 to €8,136
- Financial charges -€130
down €130 (-38.2%), from €340 to €210
- Other operating charges -€118
down €118 (-17.9%), from €655 to €537
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 | €66,652 | €69,332 | +€2,681 | +4.0% |
| Fixed assets | 21/28 | €649 | €258 | -€391 | -60.2% |
| Tangible fixed assets | 22/27 | €649 | €258 | -€391 | -60.2% |
| Furniture and vehicles | 24 | €649 | €258 | -€391 | -60.2% |
| Current assets | 29/58 | €66,002 | €69,074 | +€3,072 | +4.7% |
| Amounts receivable within one year | 40/41 | €64,948 | €68,969 | +€4,021 | +6.2% |
| Trade receivables | 40 | €64,330 | €68,165 | +€3,836 | +6.0% |
| Other amounts receivable | 41 | €619 | €804 | +€185 | +29.9% |
| Cash at bank and in hand | 54/58 | €1,054 | €105 | -€949 | -90.1% |
| Total equity and liabilities | 10/49 | €66,652 | €69,332 | +€2,681 | +4.0% |
| Equity | 10/15 | €2,757 | €9,756 | +€6,998 | +254% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,243 | -€10,244 | +€6,998 | +40.6% |
| Amounts payable | 17/49 | €63,894 | €59,577 | -€4,317 | -6.8% |
| Amounts payable within one year | 42/48 | €59,394 | €59,577 | +€183 | +0.3% |
| Trade debts | 44 | €14,389 | €16,775 | +€2,386 | +16.6% |
| Suppliers | 440/4 | €14,389 | €16,775 | +€2,386 | +16.6% |
| Other amounts payable | 47/48 | €45,005 | €42,802 | -€2,203 | -4.9% |
| Accrued charges and deferred income | 492/3 | €4,500 | - | -€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €391 | €391 | = | 0.0% |
| Other operating charges | 640/8 | €655 | €537 | -€118 | -17.9% |
| Gross operating margin | 9900 | €4,665 | €8,136 | +€3,471 | +74.4% |
| Operating profit (loss) | 9901 | €3,619 | €7,208 | +€3,588 | +99.1% |
| Financial income | 75/76B | €36 | €0 | -€36 | -99.8% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -99.8% |
| Financial charges | 65/66B | €340 | €210 | -€130 | -38.2% |
| Recurring financial charges | 65 | €340 | €210 | -€130 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €3,316 | €6,998 | +€3,682 | +111% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €3,316 | €6,998 | +€3,682 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €3,316 | €6,998 | +€3,682 | +111% |
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 17 October 2026 via checked.be.