AURELIEN MATEO: 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.
AURELIEN MATEO
Largest movements
- Receivables within one year +€36,290
up €36,290 (+85.7%), from €42,330 to €78,620
of which Trade receivables: +€36,288
- Cash -€3,630
down €3,630 (-15.4%), from €23,583 to €19,953
mainly Receivables within one year (-€36,290) and Current portion of long-term debt (-€7,525)
- Profit (loss) carried forward +€20,362
up €20,362 (+67.0%), from €30,382 to €50,744
- Other debts +€8,560
up €8,560 (+173.0%), from €4,948 to €13,508
- Current portion of long-term debt -€7,525
down €7,525 (-100.0%), from €7,525 to €0
- Tax, wage and social debts +€7,083
up €7,083 (+70.7%), from €10,013 to €17,096
of which Taxes: +€7,083
- Trade debts +€3,847
up €3,847 (+278.9%), from €1,379 to €5,226
- Gross operating margin +€21,432
up €21,432 (+191.1%), from €11,212 to €32,644
- Taxes +€4,886
up €4,886 (+1443.5%), from €339 to €5,225
- Depreciation -€4,788
down €4,788 (-65.1%), from €7,355 to €2,568
- Other operating charges -€2,581
down €2,581 (-45.5%), from €5,667 to €3,087
- Financial charges +€1,388
up €1,388 (+118.8%), from €1,168 to €2,556
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 | €74,708 | €107,034 | +€32,327 | +43.3% |
| Fixed assets | 21/28 | €5,750 | €5,213 | -€537 | -9.3% |
| Tangible fixed assets | 22/27 | €5,750 | €5,213 | -€537 | -9.3% |
| Plant, machinery and equipment | 23 | €1,517 | €1,871 | +€354 | +23.3% |
| Furniture and vehicles | 24 | €4,233 | €3,342 | -€890 | -21.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €68,958 | €101,822 | +€32,863 | +47.7% |
| Stocks and contracts in progress | 3 | €2,811 | €3,125 | +€315 | +11.2% |
| Stocks | 30/36 | €2,811 | €3,125 | +€315 | +11.2% |
| Amounts receivable within one year | 40/41 | €42,330 | €78,620 | +€36,290 | +85.7% |
| Trade receivables | 40 | €17,307 | €53,596 | +€36,288 | +209.7% |
| Other amounts receivable | 41 | €25,023 | €25,024 | +€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €23,583 | €19,953 | -€3,630 | -15.4% |
| Deferred charges and accrued income | 490/1 | €234 | €124 | -€110 | -47.1% |
| Total equity and liabilities | 10/49 | €74,708 | €107,034 | +€32,327 | +43.3% |
| Equity | 10/15 | €50,842 | €71,204 | +€20,362 | +40.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €30,382 | €50,744 | +€20,362 | +67.0% |
| Amounts payable | 17/49 | €23,866 | €35,830 | +€11,964 | +50.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,866 | €35,830 | +€11,964 | +50.1% |
| Current portion of amounts payable after more than one year | 42 | €7,525 | €0 | -€7,525 | -100.0% |
| Trade debts | 44 | €1,379 | €5,226 | +€3,847 | +278.9% |
| Suppliers | 440/4 | €1,379 | €5,226 | +€3,847 | +278.9% |
| Taxes, remuneration and social security | 45 | €10,013 | €17,096 | +€7,083 | +70.7% |
| Taxes | 450/3 | €10,013 | €17,096 | +€7,083 | +70.7% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €4,948 | €13,508 | +€8,560 | +173.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,355 | €2,568 | -€4,788 | -65.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,150 | -€1,150 | |
| Other operating charges | 640/8 | €5,667 | €3,087 | -€2,581 | -45.5% |
| Gross operating margin | 9900 | €11,212 | €32,644 | +€21,432 | +191.1% |
| Operating profit (loss) | 9901 | -€1,811 | €28,140 | +€29,950 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,168 | €2,556 | +€1,388 | +118.8% |
| Recurring financial charges | 65 | €1,168 | €2,556 | +€1,388 | +118.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,979 | €25,587 | +€28,566 | |
| Income taxes | 67/77 | €339 | €5,225 | +€4,886 | +1443.5% |
| Profit (loss) for the period | 9904 | -€3,317 | €20,362 | +€23,680 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,317 | €20,362 | +€23,680 |
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 28 September 2026 via checked.be.