B.LINK: 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.
B.LINK
Largest movements
- Receivables within one year +€36,330
up €36,330 (+199%), from €18,232 to €54,562
of which Other amounts receivable: +€27,636
- Cash +€3,158
up €3,158 (+29.9%), from €10,552 to €13,710
mainly Trade debts (+€21,510) and Net result for the year (+€16,990)
- Tangible fixed assets +€2,383
up €2,383 (+7,967%), from €30 to €2,413
- Trade debts +€21,510
up €21,510 (+514%), from €4,188 to €25,698
- Profit (loss) carried forward +€16,990
up €16,990 (+1,203%), from €1,413 to €18,403
- Accrued charges and deferred income +€4,812
new in 2024: €4,812
- Other debts -€2,040
no longer reported in 2024 (was €2,040)
- Tax, wage and social debts +€1,100
up €1,100 (+6.3%), from €17,481 to €18,581
- Write-downs +€7,111
up €7,111, from -€6,275 to €836
- Gross operating margin +€5,779
up €5,779 (+25.6%), from €22,611 to €28,390
- Financial charges -€671
down €671 (-41.6%), from €1,613 to €942
- Financial income +€654
up €654 (+1,735%), from €38 to €692
of which Financial income: +€654
- Taxes -€381
down €381 (-4.1%), from €9,300 to €8,919
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 | €33,182 | €75,554 | +€42,373 | +128% |
| Fixed assets | 21/28 | €2,890 | €5,273 | +€2,383 | +82.5% |
| Tangible fixed assets | 22/27 | €30 | €2,413 | +€2,383 | +7,967% |
| Furniture and vehicles | 24 | €30 | €2,413 | +€2,383 | +7,967% |
| Financial fixed assets | 28 | €2,860 | €2,860 | = | 0.0% |
| Current assets | 29/58 | €30,292 | €70,281 | +€39,990 | +132% |
| Amounts receivable within one year | 40/41 | €18,232 | €54,562 | +€36,330 | +199% |
| Trade receivables | 40 | €18,035 | €26,729 | +€8,694 | +48.2% |
| Other amounts receivable | 41 | €197 | €27,833 | +€27,636 | +14,046% |
| Cash at bank and in hand | 54/58 | €10,552 | €13,710 | +€3,158 | +29.9% |
| Deferred charges and accrued income | 490/1 | €1,508 | €2,009 | +€502 | +33.3% |
| Total equity and liabilities | 10/49 | €33,182 | €75,554 | +€42,373 | +128% |
| Equity | 10/15 | €9,473 | €26,463 | +€16,990 | +179% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €1,413 | €18,403 | +€16,990 | +1,203% |
| Amounts payable | 17/49 | €23,709 | €49,091 | +€25,382 | +107% |
| Amounts payable within one year | 42/48 | €23,709 | €44,279 | +€20,570 | +86.8% |
| Trade debts | 44 | €4,188 | €25,698 | +€21,510 | +514% |
| Suppliers | 440/4 | €4,188 | €25,698 | +€21,510 | +514% |
| Taxes, remuneration and social security | 45 | €17,481 | €18,581 | +€1,100 | +6.3% |
| Taxes | 450/3 | €17,481 | €18,581 | +€1,100 | +6.3% |
| Other amounts payable | 47/48 | €2,040 | - | -€2,040 | |
| Accrued charges and deferred income | 492/3 | - | €4,812 | +€4,812 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €311 | €348 | +€37 | +12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,275 | €836 | +€7,111 | |
| Other operating charges | 640/8 | €1,038 | €1,047 | +€8 | +0.8% |
| Gross operating margin | 9900 | €22,611 | €28,390 | +€5,779 | +25.6% |
| Operating profit (loss) | 9901 | €27,537 | €26,160 | -€1,377 | -5.0% |
| Financial income | 75/76B | €38 | €692 | +€654 | +1,735% |
| Recurring financial income | 75 | €38 | €692 | +€654 | +1,735% |
| Non-recurring financial income | 76B | €38 | - | -€38 | |
| Financial charges | 65/66B | €1,613 | €942 | -€671 | -41.6% |
| Recurring financial charges | 65 | €1,613 | €942 | -€671 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €25,961 | €25,910 | -€52 | -0.2% |
| Income taxes | 67/77 | €9,300 | €8,919 | -€381 | -4.1% |
| Profit (loss) for the period | 9904 | €16,661 | €16,990 | +€330 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,661 | €16,990 | +€330 | +2.0% |
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.