BLACK BOX NETWORK SERVICES: 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.
What changed
BLACK BOX NETWORK SERVICES
NACE 62.900, Other information technology and computer services
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€1.2m
2023 · -€391,482-€784,450
Equity
-€2.7m
2023 · -€1.5m-€1.2m
Cash
€58,719
2023 · €220,701-€161,982
Balance sheet total
€2.0m
2023 · €2.5m-€482,147
Largest movements
Assets
- Receivables within one year -€330,830
down €330,830 (-16.0%), from €2.1m to €1.7m
of which Trade receivables: -€324,555
- Cash -€161,982
down €161,982 (-73.4%), from €220,701 to €58,719
mainly Net result for the year (-€1.2m) and Other debts (-€445,077)
Equity and liabilities
- Profit (loss) carried forward -€1.2m
down €1.2m (-24.6%), from -€4.8m to -€6.0m
- Trade debts +€879,639
up €879,639 (+43.3%), from €2.0m to €2.9m
- Other debts -€445,077
down €445,077 (-41.9%), from €1.1m to €617,572
- Accrued charges and deferred income +€275,456
up €275,456 (+45.8%), from €601,132 to €876,588
Income statement
- Gross operating margin -€592,380
down €592,380 (-82.5%), from €718,011 to €125,630
- Staff costs +€166,949
up €166,949 (+15.3%), from €1.1m to €1.3m
- Financial charges +€18,452
up €18,452 (+40.8%), from €45,274 to €63,725
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.
Result 2023
-€391,482
Gross operating margin
-€592,380
Staff costs
-€166,949
Depreciation
-€483
Write-downs
-€5,621
Provisions
+€4,394
Other operating charges
-€3,976
Financial income
+€1,408
Financial charges
-€18,452
Taxes
-€2,391
Result 2024
-€1.2m
raises the resultlowers the result
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.
From operations
-€156,972
Investment
-€5,010
Financing
€0
Cash 2023
€220,701
From operations (derived)
-€156,972
Net result for the year
-€1.2m
Depreciation
+€2,961
Stocks and contracts
-€21
Receivables within one year
+€330,830
Deferred charges and accrued income
-€8,595
Provisions
-€6,146
Trade debts
+€879,639
Tax, wage and social debts
-€6,846
Advances received
-€3,240
Other debts
-€445,077
Accrued charges and deferred income
+€275,456
Investment (derived)
-€5,010
Investment in fixed assets (net)
-€5,010
Cash 2024
€58,719
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,467,831 | €1,985,684 | -€482,147 | -19.5% |
| Fixed assets | 21/28 | €27,236 | €29,284 | +€2,049 | +7.5% |
| Tangible fixed assets | 22/27 | €4,195 | €6,244 | +€2,049 | +48.8% |
| Plant, machinery and equipment | 23 | €1,199 | €882 | -€317 | -26.4% |
| Other tangible fixed assets | 26 | €2,996 | €5,362 | +€2,365 | +78.9% |
| Financial fixed assets | 28 | €23,041 | €23,041 | = | 0.0% |
| Current assets | 29/58 | €2,440,595 | €1,956,400 | -€484,196 | -19.8% |
| Stocks and contracts in progress | 3 | €81,554 | €81,575 | +€21 | 0.0% |
| Stocks | 30/36 | €15,552 | €11,355 | -€4,197 | -27.0% |
| Contracts in progress | 37 | €66,002 | €70,220 | +€4,218 | +6.4% |
| Amounts receivable within one year | 40/41 | €2,070,878 | €1,740,048 | -€330,830 | -16.0% |
| Trade receivables | 40 | €1,082,822 | €758,268 | -€324,555 | -30.0% |
| Other amounts receivable | 41 | €988,056 | €981,780 | -€6,275 | -0.6% |
| Cash at bank and in hand | 54/58 | €220,701 | €58,719 | -€161,982 | -73.4% |
| Deferred charges and accrued income | 490/1 | €67,463 | €76,059 | +€8,595 | +12.7% |
| Total equity and liabilities | 10/49 | €2,467,831 | €1,985,684 | -€482,147 | -19.5% |
| Equity | 10/15 | -€1,519,870 | -€2,695,802 | -€1.2m | -77.4% |
| Contributions | 10/11 | €3,165,400 | €3,165,400 | = | 0.0% |
| Capital | 10 | €3,165,400 | €3,165,400 | = | 0.0% |
| Issued capital | 100 | €3,165,400 | €3,165,400 | = | 0.0% |
| Reserves | 13 | €90,944 | €90,944 | = | 0.0% |
| Non-distributable reserves | 130/1 | €67,400 | €67,400 | = | 0.0% |
| Legal reserve | 130 | €67,400 | €67,400 | = | 0.0% |
| Distributable reserves | 133 | €23,544 | €23,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,776,214 | -€5,952,146 | -€1.2m | -24.6% |
| Provisions and deferred taxes | 16 | €9,356 | €3,210 | -€6,146 | -65.7% |
| Provisions for liabilities and charges | 160/5 | €9,356 | €3,210 | -€6,146 | -65.7% |
| Environmental obligations | 163 | €9,356 | €3,210 | -€6,146 | -65.7% |
| Amounts payable | 17/49 | €3,978,345 | €4,678,276 | +€699,931 | +17.6% |
| Amounts payable within one year | 42/48 | €3,377,212 | €3,801,688 | +€424,476 | +12.6% |
| Trade debts | 44 | €2,033,373 | €2,913,012 | +€879,639 | +43.3% |
| Suppliers | 440/4 | €2,033,373 | €2,913,012 | +€879,639 | +43.3% |
| Advances received on contracts in progress | 46 | €7,322 | €4,082 | -€3,240 | -44.3% |
| Taxes, remuneration and social security | 45 | €273,868 | €267,023 | -€6,846 | -2.5% |
| Taxes | 450/3 | €31,733 | €36,141 | +€4,408 | +13.9% |
| Remuneration and social security | 454/9 | €242,136 | €230,882 | -€11,254 | -4.6% |
| Other amounts payable | 47/48 | €1,062,649 | €617,572 | -€445,077 | -41.9% |
| Accrued charges and deferred income | 492/3 | €601,132 | €876,588 | +€275,456 | +45.8% |
| Remuneration, social security and pensions | 62 | €1,091,614 | €1,258,563 | +€166,949 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,479 | €2,961 | +€483 | +19.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,951 | €3,669 | +€5,621 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,394 | €0 | -€4,394 | -100% |
| Other operating charges | 640/8 | €2,216 | €6,192 | +€3,976 | +179% |
| Gross operating margin | 9900 | €718,011 | €125,630 | -€592,380 | -82.5% |
| Operating profit (loss) | 9901 | -€380,741 | -€1,145,756 | -€765,015 | -201% |
| Financial income | 75/76B | €34,532 | €35,940 | +€1,408 | +4.1% |
| Recurring financial income | 75 | €34,532 | €35,940 | +€1,408 | +4.1% |
| Financial charges | 65/66B | €45,274 | €63,725 | +€18,452 | +40.8% |
| Recurring financial charges | 65 | €45,274 | €63,725 | +€18,452 | +40.8% |
| Profit (loss) for the period before taxes | 9903 | -€391,482 | -€1,173,541 | -€782,059 | -200% |
| Income taxes | 67/77 | €0 | €2,391 | +€2,391 | |
| Profit (loss) for the period | 9904 | -€391,482 | -€1,175,932 | -€784,450 | -200% |
| Profit (loss) for the period to be appropriated | 9905 | -€391,482 | -€1,175,932 | -€784,450 | -200% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.