AWL-Systems: 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.
AWL-Systems
Largest movements
- Cash +€19,194
up €19,194 (+132%), from €14,565 to €33,759
mainly Net result for the year (+€21,932) and Receivables within one year (+€15,897)
- Receivables within one year -€15,897
down €15,897 (-16.4%), from €96,809 to €80,912
of which Trade receivables: -€15,095
- Tangible fixed assets +€6,798
up €6,798 (+231%), from €2,937 to €9,735
of which Furniture and vehicles: +€7,622
- Trade debts -€15,497
no longer reported in 2024 (was €15,497)
- Other debts +€15,000
new in 2024: €15,000
- Tax, wage and social debts +€8,151
up €8,151 (+155%), from €5,250 to €13,401
of which Taxes: +€11,324
- Profit (loss) carried forward +€6,932
up €6,932 (+5.7%), from €121,195 to €128,127
- Current portion of long-term debt -€4,576
down €4,576 (-60.0%), from €7,629 to €3,053
- Gross operating margin +€56,631
up €56,631 (+104%), from €54,677 to €111,307
- Staff costs +€28,411
up €28,411 (+61.2%), from €46,430 to €74,841
- Taxes +€3,595
up €3,595 (+69.7%), from €5,156 to €8,751
- Financial charges +€2,019
up €2,019 (+181%), from €1,115 to €3,134
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 | €170,031 | €180,041 | +€10,010 | +5.9% |
| Fixed assets | 21/28 | €2,937 | €9,735 | +€6,798 | +231% |
| Tangible fixed assets | 22/27 | €2,937 | €9,735 | +€6,798 | +231% |
| Plant, machinery and equipment | 23 | €2,058 | €1,234 | -€824 | -40.0% |
| Furniture and vehicles | 24 | €879 | €8,501 | +€7,622 | +867% |
| Current assets | 29/58 | €167,094 | €170,306 | +€3,212 | +1.9% |
| Amounts receivable after more than one year | 29 | €55,000 | €55,000 | = | 0.0% |
| Other amounts receivable | 291 | €55,000 | €55,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €96,809 | €80,912 | -€15,897 | -16.4% |
| Trade receivables | 40 | €47,088 | €31,993 | -€15,095 | -32.1% |
| Other amounts receivable | 41 | €49,721 | €48,920 | -€802 | -1.6% |
| Cash at bank and in hand | 54/58 | €14,565 | €33,759 | +€19,194 | +132% |
| Deferred charges and accrued income | 490/1 | €720 | €634 | -€85 | -11.9% |
| Total equity and liabilities | 10/49 | €170,031 | €180,041 | +€10,010 | +5.9% |
| Equity | 10/15 | €141,655 | €148,587 | +€6,932 | +4.9% |
| 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 | €121,195 | €128,127 | +€6,932 | +5.7% |
| Amounts payable | 17/49 | €28,376 | €31,454 | +€3,078 | +10.8% |
| Amounts payable within one year | 42/48 | €28,376 | €31,454 | +€3,078 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €7,629 | €3,053 | -€4,576 | -60.0% |
| Trade debts | 44 | €15,497 | - | -€15,497 | |
| Suppliers | 440/4 | €15,497 | - | -€15,497 | |
| Taxes, remuneration and social security | 45 | €5,250 | €13,401 | +€8,151 | +155% |
| Taxes | 450/3 | €45 | €11,369 | +€11,324 | +25,385% |
| Remuneration and social security | 454/9 | €5,206 | €2,033 | -€3,173 | -61.0% |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Non-recurring operating income | 76A | - | €2,397 | +€2,397 | |
| Remuneration, social security and pensions | 62 | €46,430 | €74,841 | +€28,411 | +61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,909 | €1,702 | -€207 | -10.8% |
| Other operating charges | 640/8 | €1,501 | €953 | -€548 | -36.5% |
| Non-recurring operating charges | 66A | €5,985 | - | -€5,985 | |
| Gross operating margin | 9900 | €54,677 | €111,307 | +€56,631 | +104% |
| Operating profit (loss) | 9901 | -€1,148 | €33,811 | +€34,959 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,115 | €3,134 | +€2,019 | +181% |
| Recurring financial charges | 65 | €1,115 | €3,134 | +€2,019 | +181% |
| Profit (loss) for the period before taxes | 9903 | -€2,263 | €30,683 | +€32,946 | |
| Income taxes | 67/77 | €5,156 | €8,751 | +€3,595 | +69.7% |
| Profit (loss) for the period | 9904 | -€7,419 | €21,932 | +€29,350 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,419 | €21,932 | +€29,350 |
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 21 October 2026 via checked.be.