B 13: 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.
B 13
Largest movements
- Receivables within one year +€441,396
up €441,396 (+513.3%), from €85,989 to €527,385
- Tangible fixed assets +€97,063
up €97,063 (+67.6%), from €143,605 to €240,668
of which Land and buildings: +€69,184
- Trade debts +€217,366
up €217,366 (+864.5%), from €25,143 to €242,509
- Reserves +€146,417
new in 2024: €146,417
- Tax, wage and social debts +€69,562
up €69,562 (+204.7%), from €33,990 to €103,552
of which Taxes: +€80,362
- Debts after one year +€63,005
up €63,005 (+59.6%), from €105,731 to €168,736
- Other debts +€37,561
up €37,561 (+44.5%), from €84,388 to €121,949
- Gross operating margin +€211,881
up €211,881 (+2925.6%), from €7,242 to €219,123
- Taxes +€45,211
up €45,211 (+2792.6%), from €1,619 to €46,830
- Depreciation +€11,262
up €11,262 (+430.5%), from €2,616 to €13,878
- Financial charges +€5,254
up €5,254 (+208.0%), from €2,526 to €7,781
- Other operating charges +€2,561
up €2,561 (+207.6%), from €1,234 to €3,795
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 | €266,991 | €805,707 | +€538,716 | +201.8% |
| Fixed assets | 21/28 | €143,605 | €240,668 | +€97,063 | +67.6% |
| Tangible fixed assets | 22/27 | €143,605 | €240,668 | +€97,063 | +67.6% |
| Land and buildings | 22 | €138,288 | €207,472 | +€69,184 | +50.0% |
| Plant, machinery and equipment | 23 | €2,869 | €9,142 | +€6,273 | +218.6% |
| Furniture and vehicles | 24 | €2,448 | €24,054 | +€21,607 | +882.8% |
| Current assets | 29/58 | €123,386 | €565,039 | +€441,653 | +357.9% |
| Amounts receivable within one year | 40/41 | €85,989 | €527,385 | +€441,396 | +513.3% |
| Trade receivables | 40 | €85,989 | €527,385 | +€441,396 | +513.3% |
| Cash at bank and in hand | 54/58 | €64 | €7,231 | +€7,167 | +11156.1% |
| Deferred charges and accrued income | 490/1 | €37,333 | €30,423 | -€6,910 | -18.5% |
| Total equity and liabilities | 10/49 | €266,991 | €805,707 | +€538,716 | +201.8% |
| Equity | 10/15 | €12,247 | €159,417 | +€147,170 | +1201.7% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | - | €146,417 | +€146,417 | |
| Distributable reserves | 133 | - | €146,417 | +€146,417 | |
| Profit (loss) carried forward | 14 | -€753 | €0 | +€753 | |
| Amounts payable | 17/49 | €254,744 | €646,291 | +€391,547 | +153.7% |
| Amounts payable after more than one year | 17 | €105,731 | €168,736 | +€63,005 | +59.6% |
| Financial debts | 170/4 | €105,731 | €168,736 | +€63,005 | +59.6% |
| Amounts payable within one year | 42/48 | €149,013 | €477,555 | +€328,542 | +220.5% |
| Current portion of amounts payable after more than one year | 42 | €5,492 | €9,545 | +€4,053 | +73.8% |
| Trade debts | 44 | €25,143 | €242,509 | +€217,366 | +864.5% |
| Suppliers | 440/4 | €25,143 | €242,509 | +€217,366 | +864.5% |
| Taxes, remuneration and social security | 45 | €33,990 | €103,552 | +€69,562 | +204.7% |
| Taxes | 450/3 | €23,190 | €103,552 | +€80,362 | +346.5% |
| Remuneration and social security | 454/9 | €10,800 | €0 | -€10,800 | -100.0% |
| Other amounts payable | 47/48 | €84,388 | €121,949 | +€37,561 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,616 | €13,878 | +€11,262 | +430.5% |
| Other operating charges | 640/8 | €1,234 | €3,795 | +€2,561 | +207.6% |
| Gross operating margin | 9900 | €7,242 | €219,123 | +€211,881 | +2925.6% |
| Operating profit (loss) | 9901 | €3,392 | €201,450 | +€198,057 | +5838.4% |
| Financial income | 75/76B | €0 | €331 | +€331 | +183927.8% |
| Recurring financial income | 75 | €0 | €331 | +€331 | +183927.8% |
| Financial charges | 65/66B | €2,526 | €7,781 | +€5,254 | +208.0% |
| Recurring financial charges | 65 | €2,526 | €7,781 | +€5,254 | +208.0% |
| Profit (loss) for the period before taxes | 9903 | €866 | €194,000 | +€193,134 | +22302.1% |
| Income taxes | 67/77 | €1,619 | €46,830 | +€45,211 | +2792.6% |
| Profit (loss) for the period | 9904 | -€753 | €147,170 | +€147,923 | |
| Profit (loss) for the period to be appropriated | 9905 | -€753 | €147,170 | +€147,923 |
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.