Better Ways: 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.
Better Ways
Largest movements
- Cash +€38,493
up €38,493 (+21.5%), from €178,748 to €217,241
mainly Net result for the year (+€68,804) and Depreciation (+€17,106)
- Tangible fixed assets -€17,106
down €17,106 (-52.4%), from €32,634 to €15,528
of which Furniture and vehicles: -€16,806
- Receivables within one year -€14,511
down €14,511 (-33.5%), from €43,322 to €28,810
of which Trade receivables: -€17,411
- Reserves -€16,200
down €16,200 (-3.5%), from €462,960 to €446,760
of which Distributable reserves: -€16,200
- Tax, wage and social debts +€11,469
up €11,469 (+198%), from €5,782 to €17,251
of which Taxes: +€6,949
- Other debts +€7,643
up €7,643 (+7.3%), from €104,669 to €112,312
- Financial charges +€16,964
up €16,964, from -€16,841 to €123
- Gross operating margin -€11,274
down €11,274 (-8.6%), from €131,499 to €120,224
- Financial income -€2,530
down €2,530 (-98.1%), from €2,580 to €50
- Depreciation -€2,130
down €2,130 (-11.1%), from €19,236 to €17,106
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 | €602,488 | €609,364 | +€6,876 | +1.1% |
| Fixed assets | 21/28 | €32,889 | €15,783 | -€17,106 | -52.0% |
| Tangible fixed assets | 22/27 | €32,634 | €15,528 | -€17,106 | -52.4% |
| Plant, machinery and equipment | 23 | €1,498 | €1,199 | -€300 | -20.0% |
| Furniture and vehicles | 24 | €31,136 | €14,330 | -€16,806 | -54.0% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €569,599 | €593,580 | +€23,981 | +4.2% |
| Stocks and contracts in progress | 3 | €6,200 | €6,200 | = | 0.0% |
| Stocks | 30/36 | €6,200 | €6,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,322 | €28,810 | -€14,511 | -33.5% |
| Trade receivables | 40 | €41,994 | €24,583 | -€17,411 | -41.5% |
| Other amounts receivable | 41 | €1,327 | €4,227 | +€2,900 | +218% |
| Current investments | 50/53 | €341,329 | €341,329 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €178,748 | €217,241 | +€38,493 | +21.5% |
| Total equity and liabilities | 10/49 | €602,488 | €609,364 | +€6,876 | +1.1% |
| Equity | 10/15 | €483,816 | €467,620 | -€16,196 | -3.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €462,960 | €446,760 | -€16,200 | -3.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €461,100 | €444,900 | -€16,200 | -3.5% |
| Profit (loss) carried forward | 14 | €2,306 | €2,310 | +€4 | +0.2% |
| Amounts payable | 17/49 | €118,672 | €141,744 | +€23,072 | +19.4% |
| Amounts payable within one year | 42/48 | €118,672 | €141,744 | +€23,072 | +19.4% |
| Trade debts | 44 | €1,236 | €3,963 | +€2,727 | +221% |
| Suppliers | 440/4 | €1,236 | €3,963 | +€2,727 | +221% |
| Advances received on contracts in progress | 46 | €6,986 | €8,219 | +€1,233 | +17.6% |
| Taxes, remuneration and social security | 45 | €5,782 | €17,251 | +€11,469 | +198% |
| Taxes | 450/3 | €3,522 | €10,471 | +€6,949 | +197% |
| Remuneration and social security | 454/9 | €2,260 | €6,780 | +€4,520 | +200% |
| Other amounts payable | 47/48 | €104,669 | €112,312 | +€7,643 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,236 | €17,106 | -€2,130 | -11.1% |
| Other operating charges | 640/8 | €922 | €564 | -€358 | -38.8% |
| Gross operating margin | 9900 | €131,499 | €120,224 | -€11,274 | -8.6% |
| Operating profit (loss) | 9901 | €111,342 | €102,555 | -€8,787 | -7.9% |
| Financial income | 75/76B | €2,580 | €50 | -€2,530 | -98.1% |
| Recurring financial income | 75 | €2,580 | €50 | -€2,530 | -98.1% |
| Financial charges | 65/66B | -€16,841 | €123 | +€16,964 | |
| Recurring financial charges | 65 | -€16,841 | €123 | +€16,964 | |
| Profit (loss) for the period before taxes | 9903 | €130,762 | €102,481 | -€28,281 | -21.6% |
| Income taxes | 67/77 | €33,309 | €33,678 | +€368 | +1.1% |
| Profit (loss) for the period | 9904 | €97,453 | €68,804 | -€28,649 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €97,453 | €68,804 | -€28,649 | -29.4% |
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 24 October 2026 via checked.be.