B & D: 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 & D
Largest movements
- Cash +€16,409
up €16,409 (+18.4%), from €89,329 to €105,738
mainly Net result for the year (+€61,511) and Depreciation (+€15,740)
- Tangible fixed assets -€11,205
down €11,205 (-24.4%), from €45,961 to €34,756
of which Furniture and vehicles: -€8,681
- Reserves +€21,511
up €21,511 (+18.3%), from €117,686 to €139,197
of which Distributable reserves: +€23,511
- Other debts -€20,000
down €20,000 (-33.3%), from €60,000 to €40,000
- Tax, wage and social debts +€8,979
up €8,979 (+45.8%), from €19,596 to €28,575
of which Taxes: +€8,384
- Trade debts -€6,901
down €6,901 (-23.0%), from €29,999 to €23,098
- Gross operating margin -€13,604
down €13,604 (-6.4%), from €213,413 to €199,809
- Staff costs +€11,375
up €11,375 (+14.2%), from €79,880 to €91,255
- Taxes -€10,379
down €10,379 (-25.4%), from €40,892 to €30,513
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 | €252,642 | €256,178 | +€3,536 | +1.4% |
| Fixed assets | 21/28 | €46,011 | €34,806 | -€11,205 | -24.4% |
| Tangible fixed assets | 22/27 | €45,961 | €34,756 | -€11,205 | -24.4% |
| Furniture and vehicles | 24 | €39,947 | €31,266 | -€8,681 | -21.7% |
| Other tangible fixed assets | 26 | €6,015 | €3,490 | -€2,524 | -42.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €206,632 | €221,372 | +€14,741 | +7.1% |
| Amounts receivable within one year | 40/41 | €111,615 | €112,387 | +€772 | +0.7% |
| Trade receivables | 40 | €111,615 | €110,716 | -€899 | -0.8% |
| Other amounts receivable | 41 | - | €1,671 | +€1,671 | |
| Cash at bank and in hand | 54/58 | €89,329 | €105,738 | +€16,409 | +18.4% |
| Deferred charges and accrued income | 490/1 | €5,687 | €3,247 | -€2,440 | -42.9% |
| Total equity and liabilities | 10/49 | €252,642 | €256,178 | +€3,536 | +1.4% |
| Equity | 10/15 | €137,686 | €159,197 | +€21,511 | +15.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €117,686 | €139,197 | +€21,511 | +18.3% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Tax-exempt reserves | 132 | €8,800 | €8,800 | = | 0.0% |
| Distributable reserves | 133 | €106,886 | €130,397 | +€23,511 | +22.0% |
| Amounts payable | 17/49 | €114,957 | €96,981 | -€17,976 | -15.6% |
| Amounts payable within one year | 42/48 | €109,595 | €91,673 | -€17,921 | -16.4% |
| Trade debts | 44 | €29,999 | €23,098 | -€6,901 | -23.0% |
| Suppliers | 440/4 | €29,999 | €23,098 | -€6,901 | -23.0% |
| Taxes, remuneration and social security | 45 | €19,596 | €28,575 | +€8,979 | +45.8% |
| Taxes | 450/3 | €11,055 | €19,438 | +€8,384 | +75.8% |
| Remuneration and social security | 454/9 | €8,541 | €9,137 | +€596 | +7.0% |
| Other amounts payable | 47/48 | €60,000 | €40,000 | -€20,000 | -33.3% |
| Accrued charges and deferred income | 492/3 | €5,362 | €5,308 | -€55 | -1.0% |
| Remuneration, social security and pensions | 62 | €79,880 | €91,255 | +€11,375 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,785 | €15,740 | -€45 | -0.3% |
| Other operating charges | 640/8 | €1,576 | €2,244 | +€667 | +42.3% |
| Gross operating margin | 9900 | €213,413 | €199,809 | -€13,604 | -6.4% |
| Operating profit (loss) | 9901 | €116,173 | €90,571 | -€25,602 | -22.0% |
| Financial income | 75/76B | €0 | €2,096 | +€2,096 | +806153.8% |
| Recurring financial income | 75 | €0 | €2,096 | +€2,096 | +806153.8% |
| Financial charges | 65/66B | €523 | €643 | +€120 | +23.0% |
| Recurring financial charges | 65 | €523 | €643 | +€120 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €115,650 | €92,024 | -€23,626 | -20.4% |
| Income taxes | 67/77 | €40,892 | €30,513 | -€10,379 | -25.4% |
| Profit (loss) for the period | 9904 | €74,758 | €61,511 | -€13,247 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,758 | €61,511 | -€13,247 | -17.7% |
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.