B1 Location: 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.
B1 Location
Largest movements
- Tangible fixed assets +€63,896
up €63,896 (+42.9%), from €148,868 to €212,764
of which Furniture and vehicles: +€50,176
- Cash -€16,893
down €16,893 (-89.8%), from €18,812 to €1,919
mainly Investment in fixed assets (net) (-€137,177) and Trade debts (-€99,810)
- Other debts +€114,684
up €114,684 (+290.6%), from €39,466 to €154,150
- Trade debts -€99,810
down €99,810 (-94.9%), from €105,195 to €5,385
- Accrued charges and deferred income +€17,574
new in 2024: €17,574
- Tax, wage and social debts +€14,378
up €14,378 (+261.0%), from €5,508 to €19,886
- Gross operating margin +€40,253
up €40,253 (+45.7%), from €88,104 to €128,357
- Depreciation +€28,480
up €28,480 (+63.6%), from €44,801 to €73,281
- Other operating charges +€9,898
up €9,898 (+23.8%), from €41,504 to €51,402
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 | €171,194 | €219,317 | +€48,123 | +28.1% |
| Fixed assets | 21/28 | €148,868 | €212,764 | +€63,896 | +42.9% |
| Tangible fixed assets | 22/27 | €148,868 | €212,764 | +€63,896 | +42.9% |
| Plant, machinery and equipment | 23 | €27,763 | €41,483 | +€13,720 | +49.4% |
| Furniture and vehicles | 24 | €121,104 | €171,281 | +€50,176 | +41.4% |
| Current assets | 29/58 | €22,326 | €6,553 | -€15,773 | -70.6% |
| Amounts receivable within one year | 40/41 | €3,514 | €4,634 | +€1,120 | +31.9% |
| Trade receivables | 40 | €3,514 | €4,634 | +€1,120 | +31.9% |
| Cash at bank and in hand | 54/58 | €18,812 | €1,919 | -€16,893 | -89.8% |
| Total equity and liabilities | 10/49 | €171,194 | €219,317 | +€48,123 | +28.1% |
| Equity | 10/15 | €21,025 | €22,322 | +€1,297 | +6.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €103 | €232 | +€130 | +126.5% |
| Non-distributable reserves | 130/1 | €103 | €232 | +€130 | +126.5% |
| Legal reserve | 130 | €103 | €232 | +€130 | +126.5% |
| Profit (loss) carried forward | 14 | €923 | €2,090 | +€1,167 | +126.5% |
| Amounts payable | 17/49 | €150,169 | €196,995 | +€46,826 | +31.2% |
| Amounts payable within one year | 42/48 | €150,169 | €179,421 | +€29,252 | +19.5% |
| Trade debts | 44 | €105,195 | €5,385 | -€99,810 | -94.9% |
| Suppliers | 440/4 | €105,195 | €5,385 | -€99,810 | -94.9% |
| Taxes, remuneration and social security | 45 | €5,508 | €19,886 | +€14,378 | +261.0% |
| Taxes | 450/3 | €5,508 | €19,886 | +€14,378 | +261.0% |
| Other amounts payable | 47/48 | €39,466 | €154,150 | +€114,684 | +290.6% |
| Accrued charges and deferred income | 492/3 | - | €17,574 | +€17,574 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,801 | €73,281 | +€28,480 | +63.6% |
| Other operating charges | 640/8 | €41,504 | €51,402 | +€9,898 | +23.8% |
| Gross operating margin | 9900 | €88,104 | €128,357 | +€40,253 | +45.7% |
| Operating profit (loss) | 9901 | €1,799 | €3,674 | +€1,875 | +104.2% |
| Financial charges | 65/66B | €400 | €985 | +€584 | +146.0% |
| Recurring financial charges | 65 | €88 | €496 | +€408 | +461.4% |
| Non-recurring financial charges | 66B | €312 | €488 | +€176 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | €1,399 | €2,689 | +€1,291 | +92.3% |
| Income taxes | 67/77 | €373 | €1,393 | +€1,019 | +273.1% |
| Profit (loss) for the period | 9904 | €1,025 | €1,297 | +€271 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,025 | €1,297 | +€271 | +26.5% |
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 3 October 2026 via checked.be.