Benoît Daem: 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.
Benoît Daem
Largest movements
- Tangible fixed assets -€9,243
down €9,243 (-21.3%), from €43,335 to €34,091
of which Furniture and vehicles: -€11,210
- Cash +€6,550
up €6,550 (+7.0%), from €92,988 to €99,538
mainly Net result for the year (+€42,432) and Other debts (+€21,840)
- Receivables within one year +€6,097
up €6,097 (+44.0%), from €13,855 to €19,951
- Other debts +€21,840
up €21,840 (+90.4%), from €24,155 to €45,996
- Tax, wage and social debts -€19,478
down €19,478 (-64.1%), from €30,385 to €10,907
- Taxes -€3,591
down €3,591 (-24.2%), from €14,867 to €11,276
- Gross operating margin +€2,693
up €2,693 (+4.1%), from €65,611 to €68,304
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 | €151,698 | €155,273 | +€3,575 | +2.4% |
| Fixed assets | 21/28 | €43,335 | €34,091 | -€9,243 | -21.3% |
| Tangible fixed assets | 22/27 | €43,335 | €34,091 | -€9,243 | -21.3% |
| Land and buildings | 22 | €11,799 | €13,766 | +€1,967 | +16.7% |
| Furniture and vehicles | 24 | €31,536 | €20,325 | -€11,210 | -35.5% |
| Current assets | 29/58 | €108,363 | €121,182 | +€12,818 | +11.8% |
| Amounts receivable within one year | 40/41 | €13,855 | €19,951 | +€6,097 | +44.0% |
| Trade receivables | 40 | €13,855 | €19,951 | +€6,097 | +44.0% |
| Cash at bank and in hand | 54/58 | €92,988 | €99,538 | +€6,550 | +7.0% |
| Deferred charges and accrued income | 490/1 | €1,521 | €1,693 | +€172 | +11.3% |
| Total equity and liabilities | 10/49 | €151,698 | €155,273 | +€3,575 | +2.4% |
| Equity | 10/15 | €92,295 | €92,295 | = | 0.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €77,295 | €77,295 | = | 0.0% |
| Distributable reserves | 133 | €77,295 | €77,295 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €59,403 | €62,978 | +€3,575 | +6.0% |
| Amounts payable within one year | 42/48 | €59,403 | €62,978 | +€3,575 | +6.0% |
| Trade debts | 44 | €4,863 | €6,075 | +€1,212 | +24.9% |
| Suppliers | 440/4 | €4,863 | €6,075 | +€1,212 | +24.9% |
| Taxes, remuneration and social security | 45 | €30,385 | €10,907 | -€19,478 | -64.1% |
| Taxes | 450/3 | €30,385 | €10,907 | -€19,478 | -64.1% |
| Other amounts payable | 47/48 | €24,155 | €45,996 | +€21,840 | +90.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,122 | €12,743 | +€622 | +5.1% |
| Other operating charges | 640/8 | €892 | €733 | -€159 | -17.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €65,611 | €68,304 | +€2,693 | +4.1% |
| Operating profit (loss) | 9901 | €52,597 | €54,827 | +€2,230 | +4.2% |
| Financial income | 75/76B | €0 | €8 | +€8 | +2445.5% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +2445.5% |
| Financial charges | 65/66B | €1,349 | €1,127 | -€221 | -16.4% |
| Recurring financial charges | 65 | €1,349 | €1,127 | -€221 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €51,249 | €53,708 | +€2,460 | +4.8% |
| Income taxes | 67/77 | €14,867 | €11,276 | -€3,591 | -24.2% |
| Profit (loss) for the period | 9904 | €36,382 | €42,432 | +€6,050 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,382 | €42,432 | +€6,050 | +16.6% |
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 1 October 2026 via checked.be.