BILLIONS SOLUTIONS: 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.
BILLIONS SOLUTIONS
Largest movements
- Cash -€138,709
down €138,709 (-88.2%), from €157,272 to €18,564
mainly Trade debts (-€118,079) and Receivables within one year (-€42,334)
- Receivables within one year +€42,334
up €42,334 (+17.8%), from €237,759 to €280,092
of which Trade receivables: +€196,030
- Tangible fixed assets -€9,322
down €9,322 (-48.6%), from €19,195 to €9,873
- Trade debts -€118,079
no longer reported in 2024 (was €118,079)
- Tax, wage and social debts +€26,744
up €26,744 (+44.3%), from €60,338 to €87,082
of which Taxes: +€35,686
- Other debts -€14,371
down €14,371 (-44.2%), from €32,525 to €18,154
- Gross operating margin -€111,438
down €111,438 (-59.9%), from €186,033 to €74,596
- Staff costs -€73,924
down €73,924 (-65.0%), from €113,659 to €39,735
- Taxes -€3,392
down €3,392 (-16.6%), from €20,431 to €17,039
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 | €415,012 | €308,529 | -€106,482 | -25.7% |
| Fixed assets | 21/28 | €19,980 | €9,873 | -€10,107 | -50.6% |
| Intangible fixed assets | 21 | €785 | - | -€785 | |
| Tangible fixed assets | 22/27 | €19,195 | €9,873 | -€9,322 | -48.6% |
| Furniture and vehicles | 24 | €19,195 | €9,873 | -€9,322 | -48.6% |
| Current assets | 29/58 | €395,031 | €298,656 | -€96,375 | -24.4% |
| Amounts receivable within one year | 40/41 | €237,759 | €280,092 | +€42,334 | +17.8% |
| Trade receivables | 40 | €70,558 | €266,587 | +€196,030 | +278% |
| Other amounts receivable | 41 | €167,201 | €13,505 | -€153,696 | -91.9% |
| Cash at bank and in hand | 54/58 | €157,272 | €18,564 | -€138,709 | -88.2% |
| Total equity and liabilities | 10/49 | €415,012 | €308,529 | -€106,482 | -25.7% |
| Equity | 10/15 | €204,070 | €203,294 | -€777 | -0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,570 | €197,794 | -€777 | -0.4% |
| Amounts payable | 17/49 | €210,941 | €105,235 | -€105,706 | -50.1% |
| Amounts payable within one year | 42/48 | €210,941 | €105,235 | -€105,706 | -50.1% |
| Trade debts | 44 | €118,079 | - | -€118,079 | |
| Suppliers | 440/4 | €118,079 | - | -€118,079 | |
| Taxes, remuneration and social security | 45 | €60,338 | €87,082 | +€26,744 | +44.3% |
| Taxes | 450/3 | €45,955 | €81,642 | +€35,686 | +77.7% |
| Remuneration and social security | 454/9 | €14,382 | €5,440 | -€8,943 | -62.2% |
| Other amounts payable | 47/48 | €32,525 | €18,154 | -€14,371 | -44.2% |
| Non-recurring operating income | 76A | €79,670 | - | -€79,670 | |
| Remuneration, social security and pensions | 62 | €113,659 | €39,735 | -€73,924 | -65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,229 | €10,107 | -€1,122 | -10.0% |
| Other operating charges | 640/8 | €1,651 | €1,715 | +€65 | +3.9% |
| Non-recurring operating charges | 66A | - | €6,470 | +€6,470 | |
| Gross operating margin | 9900 | €186,033 | €74,596 | -€111,438 | -59.9% |
| Operating profit (loss) | 9901 | €59,495 | €16,568 | -€42,927 | -72.2% |
| Financial income | 75/76B | €189 | €0 | -€188 | -99.8% |
| Recurring financial income | 75 | €189 | €0 | -€188 | -99.8% |
| Financial charges | 65/66B | €1,313 | €1,560 | +€247 | +18.8% |
| Recurring financial charges | 65 | €1,313 | €1,560 | +€247 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €58,371 | €15,008 | -€43,363 | -74.3% |
| Income taxes | 67/77 | €20,431 | €17,039 | -€3,392 | -16.6% |
| Profit (loss) for the period | 9904 | €37,940 | -€2,031 | -€39,971 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,940 | -€2,031 | -€39,971 |
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.