Black Tie: 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.
Black Tie
Largest movements
- Receivables within one year +€61,222
up €61,222 (+210%), from €29,218 to €90,440
of which Trade receivables: +€61,222
- Cash -€2,752
down €2,752 (-24.9%), from €11,044 to €8,293
mainly Receivables within one year (-€61,222)
- Tangible fixed assets -€1,121
down €1,121 (-43.6%), from €2,572 to €1,451
- Tax, wage and social debts +€49,625
up €49,625 (+308%), from €16,131 to €65,756
of which Remuneration and social security: +€34,574
- Profit (loss) carried forward +€6,680
up €6,680 (+32.3%), from -€20,669 to -€13,989
- Gross operating margin +€79,866
up €79,866 (+113%), from €70,716 to €150,582
- Staff costs +€75,962
up €75,962 (+117%), from €64,725 to €140,687
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 | €43,535 | €100,884 | +€57,349 | +132% |
| Fixed assets | 21/28 | €3,272 | €2,151 | -€1,121 | -34.3% |
| Tangible fixed assets | 22/27 | €2,572 | €1,451 | -€1,121 | -43.6% |
| Furniture and vehicles | 24 | €2,572 | €1,451 | -€1,121 | -43.6% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €40,263 | €98,733 | +€58,470 | +145% |
| Amounts receivable within one year | 40/41 | €29,218 | €90,440 | +€61,222 | +210% |
| Trade receivables | 40 | €24,992 | €86,214 | +€61,222 | +245% |
| Other amounts receivable | 41 | €4,226 | €4,226 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,044 | €8,293 | -€2,752 | -24.9% |
| Total equity and liabilities | 10/49 | €43,535 | €100,884 | +€57,349 | +132% |
| Equity | 10/15 | -€209 | €6,471 | +€6,680 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,669 | -€13,989 | +€6,680 | +32.3% |
| Amounts payable | 17/49 | €43,744 | €94,413 | +€50,669 | +116% |
| Amounts payable within one year | 42/48 | €43,744 | €94,413 | +€50,669 | +116% |
| Trade debts | 44 | €21,326 | €22,220 | +€893 | +4.2% |
| Suppliers | 440/4 | €21,326 | €22,220 | +€893 | +4.2% |
| Taxes, remuneration and social security | 45 | €16,131 | €65,756 | +€49,625 | +308% |
| Taxes | 450/3 | €7,803 | €22,854 | +€15,052 | +193% |
| Remuneration and social security | 454/9 | €8,328 | €42,902 | +€34,574 | +415% |
| Other amounts payable | 47/48 | €6,287 | €6,437 | +€150 | +2.4% |
| Remuneration, social security and pensions | 62 | €64,725 | €140,687 | +€75,962 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €692 | €1,121 | +€429 | +62.1% |
| Gross operating margin | 9900 | €70,716 | €150,582 | +€79,866 | +113% |
| Operating profit (loss) | 9901 | €5,299 | €8,774 | +€3,475 | +65.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,227 | €2,094 | +€867 | +70.7% |
| Recurring financial charges | 65 | €1,227 | €2,094 | +€867 | +70.7% |
| Profit (loss) for the period before taxes | 9903 | €4,075 | €6,680 | +€2,605 | +63.9% |
| Profit (loss) for the period | 9904 | €4,075 | €6,680 | +€2,605 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,075 | €6,680 | +€2,605 | +63.9% |
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 13 October 2026 via checked.be.