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Astrix: 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.

What changed

Astrix

BE 0432.308.313
NACE 73.110, Advertising agencies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€4,933
2023 · -€144,566+€149,500
Equity
€439,585
2023 · €434,652+€4,933
Cash
€168,421
2023 · €278,098-€109,677
Balance sheet total
€966,210
2023 · €1.1m-€85,312

Largest movements

2023 to 2024
Assets
  • Cash -€109,677

    down €109,677 (-39.4%), from €278,098 to €168,421

    mainly Debts after one year (-€121,770) and Current portion of long-term debt (-€88,078)

  • Receivables within one year +€63,521

    up €63,521 (+20.0%), from €317,399 to €380,920

    of which Trade receivables: +€66,369

  • Deferred charges and accrued income -€23,155

    down €23,155 (-8.0%), from €290,990 to €267,835

  • Tangible fixed assets -€11,320

    down €11,320 (-9.6%), from €117,517 to €106,197

    of which Other tangible fixed assets: -€7,014

Equity and liabilities
  • Debts after one year -€121,770

    down €121,770 (-32.3%), from €377,135 to €255,365

    of which Financial debts: -€121,770

  • Trade debts +€107,286

    up €107,286 (+366.0%), from €29,314 to €136,599

  • Current portion of long-term debt -€88,078

    down €88,078 (-72.8%), from €121,035 to €32,957

  • Other debts +€27,287

    new in 2024: €27,287

  • Tax, wage and social debts -€17,370

    down €17,370 (-19.4%), from €89,387 to €72,017

    of which Remuneration and social security: -€12,699

Income statement
  • Staff costs -€28,606

    down €28,606 (-6.0%), from €479,115 to €450,509

  • Gross operating margin +€19,110

    up €19,110 (+3.8%), from €503,138 to €522,248

  • Financial charges -€8,943

    down €8,943 (-59.2%), from €15,111 to €6,168

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€144,566
Gross operating margin +€19,110
Staff costs +€28,606
Depreciation +€1,499
Other operating charges -€791
Other operating items +€94,967
Financial income -€1,819
Financial charges +€8,943
Taxes -€1,016
Result 2024 €4,933

Cash bridge derived

cash 2023 to 2024

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.

From operations +€131,083
Investment -€30,912
Financing -€209,848
Cash 2023 €278,098
Net result for the year +€4,933
Depreciation +€46,913
Receivables within one year -€63,521
Deferred charges and accrued income +€23,155
Trade debts +€107,286
Tax, wage and social debts -€17,370
Other debts +€27,287
Accrued charges and deferred income +€2,400
Investment in fixed assets (net) -€30,912
Debts after one year -€121,770
Current portion of long-term debt -€88,078
Cash 2024 €168,421
Every line side by side 52 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,051,522 €966,210 -€85,312 -8.1%
Fixed assets 21/28 €165,035 €149,034 -€16,001 -9.7%
Intangible fixed assets 21 €47,518 €42,837 -€4,681 -9.9%
Tangible fixed assets 22/27 €117,517 €106,197 -€11,320 -9.6%
Plant, machinery and equipment 23 - €1,783 +€1,783
Furniture and vehicles 24 €81,926 €75,838 -€6,088 -7.4%
Other tangible fixed assets 26 €35,591 €28,577 -€7,014 -19.7%
Current assets 29/58 €886,487 €817,175 -€69,311 -7.8%
Amounts receivable within one year 40/41 €317,399 €380,920 +€63,521 +20.0%
Trade receivables 40 €309,740 €376,108 +€66,369 +21.4%
Other amounts receivable 41 €7,659 €4,812 -€2,848 -37.2%
Cash at bank and in hand 54/58 €278,098 €168,421 -€109,677 -39.4%
Deferred charges and accrued income 490/1 €290,990 €267,835 -€23,155 -8.0%
Total equity and liabilities 10/49 €1,051,522 €966,210 -€85,312 -8.1%
Equity 10/15 €434,652 €439,585 +€4,933 +1.1%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €372,652 €377,585 +€4,933 +1.3%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Tax-exempt reserves 132 €56,250 €56,250 = 0.0%
Distributable reserves 133 €310,202 €315,135 +€4,933 +1.6%
Amounts payable 17/49 €616,870 €526,625 -€90,245 -14.6%
Amounts payable after more than one year 17 €377,135 €255,365 -€121,770 -32.3%
Financial debts 170/4 €369,635 €247,865 -€121,770 -32.9%
Other amounts payable 178/9 €7,500 €7,500 = 0.0%
Amounts payable within one year 42/48 €239,735 €268,860 +€29,124 +12.1%
Current portion of amounts payable after more than one year 42 €121,035 €32,957 -€88,078 -72.8%
Trade debts 44 €29,314 €136,599 +€107,286 +366.0%
Suppliers 440/4 €29,314 €136,599 +€107,286 +366.0%
Taxes, remuneration and social security 45 €89,387 €72,017 -€17,370 -19.4%
Taxes 450/3 €22,834 €18,163 -€4,671 -20.5%
Remuneration and social security 454/9 €66,553 €53,854 -€12,699 -19.1%
Other amounts payable 47/48 - €27,287 +€27,287
Accrued charges and deferred income 492/3 - €2,400 +€2,400
Non-recurring operating income 76A - €50,000 +€50,000
Remuneration, social security and pensions 62 €479,115 €450,509 -€28,606 -6.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €48,412 €46,913 -€1,499 -3.1%
Provisions for liabilities and charges: additions (uses and reversals) 635/8 €0 - =
Other operating charges 640/8 €14,024 €14,815 +€791 +5.6%
Non-recurring operating charges 66A €95,042 €75 -€94,967 -99.9%
Gross operating margin 9900 €503,138 €522,248 +€19,110 +3.8%
Operating profit (loss) 9901 -€133,455 €9,936 +€143,392
Financial income 75/76B €3,605 €1,786 -€1,819 -50.5%
Recurring financial income 75 €3,605 €1,786 -€1,819 -50.5%
Financial charges 65/66B €15,111 €6,168 -€8,943 -59.2%
Recurring financial charges 65 €15,111 €6,168 -€8,943 -59.2%
Profit (loss) for the period before taxes 9903 -€144,961 €5,554 +€150,515
Income taxes 67/77 -€394 €621 +€1,016
Profit (loss) for the period 9904 -€144,566 €4,933 +€149,500
Profit (loss) for the period to be appropriated 9905 -€144,566 €4,933 +€149,500

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 29 September 2026 via checked.be.