BEFORE JC: 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.
BEFORE JC
Largest movements
- Receivables within one year +€55,907
up €55,907 (+14.9%), from €376,204 to €432,112
of which Other amounts receivable: +€39,566
- Stocks and contracts -€33,200
down €33,200 (-21.9%), from €151,557 to €118,357
- Tangible fixed assets +€30,067
up €30,067 (+875%), from €3,438 to €33,505
of which Furniture and vehicles: +€30,512
- Reserves +€25,000
new in 2024: €25,000
- Trade debts +€23,630
up €23,630 (+1,385%), from €1,706 to €25,335
- Tax, wage and social debts -€19,272
down €19,272 (-74.7%), from €25,803 to €6,530
- Debts after one year +€13,661
new in 2024: €13,661
- Gross operating margin -€63,416
down €63,416 (-75.3%), from €84,262 to €20,846
- Staff costs -€33,079
no longer reported in 2024 (was €33,079)
- Taxes -€6,610
down €6,610 (-35.5%), from €18,628 to €12,017
- Financial income +€5,008
up €5,008 (+27.0%), from €18,548 to €23,556
- Depreciation +€2,353
up €2,353 (+528%), from €445 to €2,798
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 | €545,125 | €594,717 | +€49,592 | +9.1% |
| Fixed assets | 21/28 | €3,438 | €33,505 | +€30,067 | +875% |
| Tangible fixed assets | 22/27 | €3,438 | €33,505 | +€30,067 | +875% |
| Furniture and vehicles | 24 | - | €30,512 | +€30,512 | |
| Other tangible fixed assets | 26 | €3,438 | €2,993 | -€445 | -13.0% |
| Current assets | 29/58 | €541,687 | €561,212 | +€19,525 | +3.6% |
| Stocks and contracts in progress | 3 | €151,557 | €118,357 | -€33,200 | -21.9% |
| Stocks | 30/36 | €151,557 | €118,357 | -€33,200 | -21.9% |
| Amounts receivable within one year | 40/41 | €376,204 | €432,112 | +€55,907 | +14.9% |
| Trade receivables | 40 | €6,816 | €23,157 | +€16,342 | +240% |
| Other amounts receivable | 41 | €369,389 | €408,954 | +€39,566 | +10.7% |
| Cash at bank and in hand | 54/58 | €12,604 | €10,319 | -€2,285 | -18.1% |
| Deferred charges and accrued income | 490/1 | €1,321 | €425 | -€896 | -67.8% |
| Total equity and liabilities | 10/49 | €545,125 | €594,717 | +€49,592 | +9.1% |
| Equity | 10/15 | €515,020 | €541,417 | +€26,397 | +5.1% |
| Contributions | 10/11 | €77,000 | €77,000 | = | 0.0% |
| Reserves | 13 | - | €25,000 | +€25,000 | |
| Distributable reserves | 133 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | €438,020 | €439,417 | +€1,397 | +0.3% |
| Amounts payable | 17/49 | €30,105 | €53,300 | +€23,194 | +77.0% |
| Amounts payable after more than one year | 17 | - | €13,661 | +€13,661 | |
| Financial debts | 170/4 | - | €13,661 | +€13,661 | |
| Amounts payable within one year | 42/48 | €30,105 | €39,639 | +€9,533 | +31.7% |
| Financial debts | 43 | €2,597 | €7,773 | +€5,176 | +199% |
| Credit institutions | 430/8 | €2,597 | €7,773 | +€5,176 | +199% |
| Trade debts | 44 | €1,706 | €25,335 | +€23,630 | +1,385% |
| Suppliers | 440/4 | €1,706 | €25,335 | +€23,630 | +1,385% |
| Taxes, remuneration and social security | 45 | €25,803 | €6,530 | -€19,272 | -74.7% |
| Taxes | 450/3 | €25,803 | €6,530 | -€19,272 | -74.7% |
| Remuneration, social security and pensions | 62 | €33,079 | - | -€33,079 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €445 | €2,798 | +€2,353 | +528% |
| Other operating charges | 640/8 | €990 | €1,420 | +€429 | +43.3% |
| Gross operating margin | 9900 | €84,262 | €20,846 | -€63,416 | -75.3% |
| Operating profit (loss) | 9901 | €49,747 | €16,628 | -€33,119 | -66.6% |
| Financial income | 75/76B | €18,548 | €23,556 | +€5,008 | +27.0% |
| Recurring financial income | 75 | €18,548 | €23,556 | +€5,008 | +27.0% |
| Financial charges | 65/66B | €1,196 | €1,770 | +€574 | +48.0% |
| Recurring financial charges | 65 | €1,196 | €1,770 | +€574 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €67,099 | €38,415 | -€28,684 | -42.7% |
| Income taxes | 67/77 | €18,628 | €12,017 | -€6,610 | -35.5% |
| Profit (loss) for the period | 9904 | €48,471 | €26,397 | -€22,074 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,471 | €26,397 | -€22,074 | -45.5% |
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 19 October 2026 via checked.be.