BACK IT UP: 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.
BACK IT UP
Largest movements
- Tangible fixed assets -€671
no longer reported in 2024 (was €671)
- Formation expenses -€504
down €504 (-45.9%), from €1,098 to €594
- Cash -€393
down €393 (-22.6%), from €1,738 to €1,345
mainly Net result for the year (-€2,747) and Trade debts (-€94)
- Receivables within one year -€86
down €86 (-8.2%), from €1,049 to €964
- Profit (loss) carried forward -€2,747
down €2,747 (-17.7%), from -€15,504 to -€18,251
- Other debts +€1,171
up €1,171 (+58.8%), from €1,991 to €3,162
- Trade debts -€94
down €94 (-9.9%), from €949 to €855
- Gross operating margin +€2,485
up €2,485 (+68.0%), from -€3,656 to -€1,171
- Depreciation -€1,729
down €1,729 (-59.5%), from €2,904 to €1,175
- Other operating charges -€156
down €156 (-30.6%), from €512 to €355
- Financial charges -€68
down €68 (-45.4%), from €150 to €82
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 | €4,606 | €2,952 | -€1,654 | -35.9% |
| Formation expenses | 20 | €1,098 | €594 | -€504 | -45.9% |
| Fixed assets | 21/28 | €721 | €50 | -€671 | -93.1% |
| Tangible fixed assets | 22/27 | €671 | - | -€671 | |
| Furniture and vehicles | 24 | €671 | - | -€671 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €2,788 | €2,309 | -€479 | -17.2% |
| Amounts receivable within one year | 40/41 | €1,049 | €964 | -€86 | -8.2% |
| Trade receivables | 40 | €1,049 | €964 | -€86 | -8.2% |
| Cash at bank and in hand | 54/58 | €1,738 | €1,345 | -€393 | -22.6% |
| Total equity and liabilities | 10/49 | €4,606 | €2,952 | -€1,654 | -35.9% |
| Equity | 10/15 | -€504 | -€3,251 | -€2,747 | -545.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,504 | -€18,251 | -€2,747 | -17.7% |
| Amounts payable | 17/49 | €5,110 | €6,203 | +€1,093 | +21.4% |
| Amounts payable within one year | 42/48 | €5,110 | €6,203 | +€1,093 | +21.4% |
| Trade debts | 44 | €949 | €855 | -€94 | -9.9% |
| Suppliers | 440/4 | €949 | €855 | -€94 | -9.9% |
| Taxes, remuneration and social security | 45 | €2,170 | €2,186 | +€16 | +0.7% |
| Taxes | 450/3 | €2,170 | €2,186 | +€16 | +0.7% |
| Other amounts payable | 47/48 | €1,991 | €3,162 | +€1,171 | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,904 | €1,175 | -€1,729 | -59.5% |
| Other operating charges | 640/8 | €512 | €355 | -€156 | -30.6% |
| Non-recurring operating charges | 66A | €212 | - | -€212 | |
| Gross operating margin | 9900 | -€3,656 | -€1,171 | +€2,485 | +68.0% |
| Operating profit (loss) | 9901 | -€7,284 | -€2,701 | +€4,583 | +62.9% |
| Financial income | 75/76B | €3 | €37 | +€34 | +1178.7% |
| Recurring financial income | 75 | €3 | €37 | +€34 | +1178.7% |
| Financial charges | 65/66B | €150 | €82 | -€68 | -45.4% |
| Recurring financial charges | 65 | €150 | €82 | -€68 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,432 | -€2,747 | +€4,685 | +63.0% |
| Profit (loss) for the period | 9904 | -€7,432 | -€2,747 | +€4,685 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,432 | -€2,747 | +€4,685 | +63.0% |
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 30 September 2026 via checked.be.