Authentès: 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.
Authentès
Largest movements
- Stocks and contracts +€171,235
up €171,235 (+21.2%), from €808,291 to €979,526
of which Contracts in progress: +€122,426
- Cash -€118,566
down €118,566 (-87.5%), from €135,542 to €16,977
mainly Stocks and contracts (-€171,235) and Trade debts (-€39,785)
- Short-term financial debts +€59,883
up €59,883 (+9.1%), from €660,000 to €719,883
- Trade debts -€39,785
down €39,785 (-51.4%), from €77,390 to €37,605
- Reserves +€27,751
up €27,751 (+121%), from €22,852 to €50,603
of which Distributable reserves: +€27,751
- Gross operating margin +€53,085
up €53,085 (+121%), from €43,970 to €97,055
- Other operating charges -€12,926
down €12,926 (-48.0%), from €26,919 to €13,993
- Depreciation +€1,392
up €1,392 (+40.4%), from €3,443 to €4,835
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 | €996,320 | €1,045,920 | +€49,600 | +5.0% |
| Fixed assets | 21/28 | €29,422 | €24,587 | -€4,835 | -16.4% |
| Tangible fixed assets | 22/27 | €28,717 | €23,882 | -€4,835 | -16.8% |
| Plant, machinery and equipment | 23 | €3,222 | €2,545 | -€677 | -21.0% |
| Furniture and vehicles | 24 | €12,770 | €9,253 | -€3,517 | -27.5% |
| Other tangible fixed assets | 26 | €12,725 | €12,084 | -€641 | -5.0% |
| Financial fixed assets | 28 | €705 | €705 | = | 0.0% |
| Current assets | 29/58 | €966,898 | €1,021,332 | +€54,434 | +5.6% |
| Stocks and contracts in progress | 3 | €808,291 | €979,526 | +€171,235 | +21.2% |
| Stocks | 30/36 | €591,418 | €640,227 | +€48,809 | +8.3% |
| Contracts in progress | 37 | €216,872 | €339,299 | +€122,426 | +56.5% |
| Amounts receivable within one year | 40/41 | €22,194 | €24,587 | +€2,394 | +10.8% |
| Trade receivables | 40 | €22,154 | €24,587 | +€2,434 | +11.0% |
| Other amounts receivable | 41 | €40 | €0 | -€40 | -100% |
| Cash at bank and in hand | 54/58 | €135,542 | €16,977 | -€118,566 | -87.5% |
| Deferred charges and accrued income | 490/1 | €872 | €243 | -€629 | -72.1% |
| Total equity and liabilities | 10/49 | €996,320 | €1,045,920 | +€49,600 | +5.0% |
| Equity | 10/15 | €62,852 | €90,603 | +€27,751 | +44.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €22,852 | €50,603 | +€27,751 | +121% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €22,852 | €50,603 | +€27,751 | +121% |
| Amounts payable | 17/49 | €933,468 | €955,316 | +€21,848 | +2.3% |
| Amounts payable after more than one year | 17 | €21,600 | €21,600 | = | 0.0% |
| Financial debts | 170/4 | €21,600 | €21,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €907,135 | €925,968 | +€18,833 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €95,000 | €95,000 | = | 0.0% |
| Financial debts | 43 | €660,000 | €719,883 | +€59,883 | +9.1% |
| Credit institutions | 430/8 | €660,000 | €719,883 | +€59,883 | +9.1% |
| Trade debts | 44 | €77,390 | €37,605 | -€39,785 | -51.4% |
| Suppliers | 440/4 | €77,390 | €37,605 | -€39,785 | -51.4% |
| Taxes, remuneration and social security | 45 | €21,823 | €17,411 | -€4,412 | -20.2% |
| Taxes | 450/3 | €21,823 | €17,411 | -€4,412 | -20.2% |
| Other amounts payable | 47/48 | €52,923 | €56,070 | +€3,147 | +5.9% |
| Accrued charges and deferred income | 492/3 | €4,733 | €7,748 | +€3,016 | +63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,443 | €4,835 | +€1,392 | +40.4% |
| Other operating charges | 640/8 | €26,919 | €13,993 | -€12,926 | -48.0% |
| Gross operating margin | 9900 | €43,970 | €97,055 | +€53,085 | +121% |
| Operating profit (loss) | 9901 | €13,608 | €78,227 | +€64,619 | +475% |
| Financial income | 75/76B | €1 | €696 | +€696 | +110,406% |
| Recurring financial income | 75 | €1 | €696 | +€696 | +110,406% |
| Financial charges | 65/66B | €50,182 | €50,967 | +€785 | +1.6% |
| Recurring financial charges | 65 | €50,182 | €50,967 | +€785 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€36,573 | €27,956 | +€64,530 | |
| Income taxes | 67/77 | €214 | €205 | -€9 | -4.2% |
| Profit (loss) for the period | 9904 | -€36,788 | €27,751 | +€64,539 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,788 | €27,751 | +€64,539 |
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 14 October 2026 via checked.be.