B-Verse: 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-Verse
Largest movements
- Receivables within one year -€37,303
down €37,303 (-17.2%), from €216,703 to €179,400
of which Trade receivables: -€47,216
- Tangible fixed assets -€11,119
down €11,119 (-16.6%), from €67,152 to €56,033
- Deferred charges and accrued income -€5,283
down €5,283 (-81.6%), from €6,477 to €1,194
- Cash +€4,251
up €4,251 (+22.3%), from €19,092 to €23,344
mainly Advances received (+€82,595) and Receivables within one year (+€37,303)
- Trade debts -€98,265
down €98,265 (-51.2%), from €191,770 to €93,505
- Advances received +€82,595
new in 2024: €82,595
- Profit (loss) carried forward -€31,624
down €31,624 (-140%), from -€22,538 to -€54,162
- Depreciation +€5,768
up €5,768 (+35.5%), from €16,243 to €22,011
- Financial charges +€2,852
up €2,852 (+32.8%), from €8,699 to €11,551
- Other operating charges +€2,716
up €2,716 (+111%), from €2,454 to €5,170
- Staff costs -€1,324
down €1,324 (-83.8%), from €1,581 to €256
- Gross operating margin -€995
down €995 (-6.4%), from €15,515 to €14,520
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 | €309,924 | €259,970 | -€49,954 | -16.1% |
| Fixed assets | 21/28 | €67,652 | €56,033 | -€11,619 | -17.2% |
| Tangible fixed assets | 22/27 | €67,152 | €56,033 | -€11,119 | -16.6% |
| Plant, machinery and equipment | 23 | €67,152 | €56,033 | -€11,119 | -16.6% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €242,272 | €203,937 | -€38,335 | -15.8% |
| Amounts receivable within one year | 40/41 | €216,703 | €179,400 | -€37,303 | -17.2% |
| Trade receivables | 40 | €164,790 | €117,574 | -€47,216 | -28.7% |
| Other amounts receivable | 41 | €51,913 | €61,826 | +€9,913 | +19.1% |
| Cash at bank and in hand | 54/58 | €19,092 | €23,344 | +€4,251 | +22.3% |
| Deferred charges and accrued income | 490/1 | €6,477 | €1,194 | -€5,283 | -81.6% |
| Total equity and liabilities | 10/49 | €309,924 | €259,970 | -€49,954 | -16.1% |
| Equity | 10/15 | €114,607 | €82,983 | -€31,624 | -27.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €127,145 | €127,145 | = | 0.0% |
| Distributable reserves | 133 | €127,145 | €127,145 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,538 | -€54,162 | -€31,624 | -140% |
| Amounts payable | 17/49 | €195,317 | €176,987 | -€18,330 | -9.4% |
| Amounts payable within one year | 42/48 | €191,770 | €176,100 | -€15,669 | -8.2% |
| Trade debts | 44 | €191,770 | €93,505 | -€98,265 | -51.2% |
| Suppliers | 440/4 | €191,770 | €93,505 | -€98,265 | -51.2% |
| Advances received on contracts in progress | 46 | - | €82,595 | +€82,595 | |
| Accrued charges and deferred income | 492/3 | €3,547 | €887 | -€2,661 | -75.0% |
| Remuneration, social security and pensions | 62 | €1,581 | €256 | -€1,324 | -83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,243 | €22,011 | +€5,768 | +35.5% |
| Other operating charges | 640/8 | €2,454 | €5,170 | +€2,716 | +111% |
| Non-recurring operating charges | 66A | €9,497 | €7,260 | -€2,237 | -23.6% |
| Gross operating margin | 9900 | €15,515 | €14,520 | -€995 | -6.4% |
| Operating profit (loss) | 9901 | -€14,259 | -€20,178 | -€5,918 | -41.5% |
| Financial income | 75/76B | €420 | €104 | -€316 | -75.2% |
| Recurring financial income | 75 | €420 | €104 | -€316 | -75.2% |
| Financial charges | 65/66B | €8,699 | €11,551 | +€2,852 | +32.8% |
| Recurring financial charges | 65 | €8,699 | €11,551 | +€2,852 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€22,538 | -€31,624 | -€9,086 | -40.3% |
| Profit (loss) for the period | 9904 | -€22,538 | -€31,624 | -€9,086 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,538 | -€31,624 | -€9,086 | -40.3% |
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 17 October 2026 via checked.be.