AY2: 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.
AY2
Largest movements
- Receivables within one year +€479,478
up €479,478 (+120085.7%), from €399 to €479,878
of which Trade receivables: +€479,878
- Cash +€94,217
new in 2024: €94,217
mainly Trade debts (+€520,523) and Net result for the year (+€58,270)
- Tangible fixed assets +€58,702
new in 2024: €58,702
of which Furniture and vehicles: +€56,532
- Stocks and contracts +€16,634
new in 2024: €16,634
- Trade debts +€520,523
up €520,523 (+86753.8%), from €600 to €521,123
- Profit (loss) carried forward +€58,270
up €58,270, from -€1,601 to €56,669
- Other debts +€48,626
new in 2024: €48,626
- Tax, wage and social debts +€21,305
new in 2024: €21,305
of which Taxes: +€14,875
- Gross operating margin +€124,105
up €124,105, from -€300 to €123,805
- Staff costs +€38,269
new in 2024: €38,269
- Taxes +€14,919
new in 2024: €14,919
- Depreciation +€7,898
up €7,898 (+2649.9%), from €298 to €8,196
- Other operating charges +€1,500
new in 2024: €1,500
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 | €1,499 | €650,223 | +€648,724 | +43275.4% |
| Formation expenses | 20 | €1,100 | - | -€1,100 | |
| Fixed assets | 21/28 | - | €59,494 | +€59,494 | |
| Intangible fixed assets | 21 | - | €792 | +€792 | |
| Tangible fixed assets | 22/27 | - | €58,702 | +€58,702 | |
| Plant, machinery and equipment | 23 | - | €2,170 | +€2,170 | |
| Furniture and vehicles | 24 | - | €56,532 | +€56,532 | |
| Current assets | 29/58 | €399 | €590,729 | +€590,330 | +147848.5% |
| Stocks and contracts in progress | 3 | - | €16,634 | +€16,634 | |
| Stocks | 30/36 | - | €16,634 | +€16,634 | |
| Amounts receivable within one year | 40/41 | €399 | €479,878 | +€479,478 | +120085.7% |
| Trade receivables | 40 | - | €479,878 | +€479,878 | |
| Other amounts receivable | 41 | €399 | - | -€399 | |
| Cash at bank and in hand | 54/58 | - | €94,217 | +€94,217 | |
| Total equity and liabilities | 10/49 | €1,499 | €650,223 | +€648,724 | +43275.4% |
| Equity | 10/15 | €899 | €59,169 | +€58,270 | +6481.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,601 | €56,669 | +€58,270 | |
| Amounts payable | 17/49 | €600 | €591,053 | +€590,453 | +98408.9% |
| Amounts payable within one year | 42/48 | €600 | €591,053 | +€590,453 | +98408.9% |
| Trade debts | 44 | €600 | €521,123 | +€520,523 | +86753.8% |
| Suppliers | 440/4 | €600 | €521,123 | +€520,523 | +86753.8% |
| Taxes, remuneration and social security | 45 | - | €21,305 | +€21,305 | |
| Taxes | 450/3 | - | €14,875 | +€14,875 | |
| Remuneration and social security | 454/9 | - | €6,429 | +€6,429 | |
| Other amounts payable | 47/48 | - | €48,626 | +€48,626 | |
| Remuneration, social security and pensions | 62 | - | €38,269 | +€38,269 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298 | €8,196 | +€7,898 | +2649.9% |
| Other operating charges | 640/8 | - | €1,500 | +€1,500 | |
| Non-recurring operating charges | 66A | - | €1,563 | +€1,563 | |
| Gross operating margin | 9900 | -€300 | €123,805 | +€124,105 | |
| Operating profit (loss) | 9901 | -€598 | €74,276 | +€74,875 | |
| Financial income | 75/76B | - | €359 | +€359 | |
| Recurring financial income | 75 | - | €359 | +€359 | |
| Financial charges | 65/66B | - | €1,447 | +€1,447 | |
| Recurring financial charges | 65 | - | €1,447 | +€1,447 | |
| Profit (loss) for the period before taxes | 9903 | -€598 | €73,189 | +€73,787 | |
| Income taxes | 67/77 | - | €14,919 | +€14,919 | |
| Profit (loss) for the period | 9904 | -€598 | €58,270 | +€58,868 | |
| Profit (loss) for the period to be appropriated | 9905 | -€598 | €58,270 | +€58,868 |
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 11 October 2026 via checked.be.