BOPS: 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.
BOPS
Largest movements
- Tangible fixed assets +€45,238
up €45,238 (+115.3%), from €39,250 to €84,488
of which Furniture and vehicles: +€47,075
- Receivables within one year -€32,366
down €32,366 (-27.3%), from €118,546 to €86,180
of which Trade receivables: -€36,120
- Cash +€30,503
up €30,503 (+74.5%), from €40,946 to €71,449
mainly Net result for the year (+€33,760) and Receivables within one year (+€32,366)
- Current investments +€18,000
up €18,000 (+1200.0%), from €1,500 to €19,500
- Stocks and contracts +€3,354
up €3,354 (+104.7%), from €3,203 to €6,557
- Reserves +€33,760
up €33,760 (+26.8%), from €125,749 to €159,509
of which Distributable reserves: +€33,760
- Debts after one year +€28,165
up €28,165, from €0 to €28,165
- Trade debts -€20,949
down €20,949 (-50.2%), from €41,725 to €20,776
- Tax, wage and social debts +€15,542
up €15,542 (+84.0%), from €18,493 to €34,035
of which Remuneration and social security: +€13,667
- Current portion of long-term debt +€8,735
up €8,735 (+299.7%), from €2,915 to €11,650
- Staff costs +€38,149
up €38,149 (+85.0%), from €44,871 to €83,019
- Gross operating margin +€10,583
up €10,583 (+7.3%), from €144,235 to €154,818
- Taxes -€6,120
down €6,120 (-31.5%), from €19,445 to €13,325
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 | €205,204 | €270,856 | +€65,652 | +32.0% |
| Fixed assets | 21/28 | €39,250 | €84,488 | +€45,238 | +115.3% |
| Tangible fixed assets | 22/27 | €39,250 | €84,488 | +€45,238 | +115.3% |
| Plant, machinery and equipment | 23 | €23,662 | €21,825 | -€1,836 | -7.8% |
| Furniture and vehicles | 24 | €15,589 | €62,663 | +€47,075 | +302.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €165,954 | €186,368 | +€20,414 | +12.3% |
| Stocks and contracts in progress | 3 | €3,203 | €6,557 | +€3,354 | +104.7% |
| Stocks | 30/36 | €3,203 | €6,557 | +€3,354 | +104.7% |
| Amounts receivable within one year | 40/41 | €118,546 | €86,180 | -€32,366 | -27.3% |
| Trade receivables | 40 | €100,881 | €64,761 | -€36,120 | -35.8% |
| Other amounts receivable | 41 | €17,664 | €21,419 | +€3,754 | +21.3% |
| Current investments | 50/53 | €1,500 | €19,500 | +€18,000 | +1200.0% |
| Cash at bank and in hand | 54/58 | €40,946 | €71,449 | +€30,503 | +74.5% |
| Deferred charges and accrued income | 490/1 | €1,759 | €2,682 | +€923 | +52.5% |
| Total equity and liabilities | 10/49 | €205,204 | €270,856 | +€65,652 | +32.0% |
| Equity | 10/15 | €138,679 | €172,439 | +€33,760 | +24.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €125,749 | €159,509 | +€33,760 | +26.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €125,749 | €159,509 | +€33,760 | +26.8% |
| Profit (loss) carried forward | 14 | €530 | €530 | = | 0.0% |
| Amounts payable | 17/49 | €66,525 | €98,417 | +€31,892 | +47.9% |
| Amounts payable after more than one year | 17 | €0 | €28,165 | +€28,165 | |
| Financial debts | 170/4 | €0 | €28,165 | +€28,165 | |
| Amounts payable within one year | 42/48 | €65,200 | €67,713 | +€2,513 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €2,915 | €11,650 | +€8,735 | +299.7% |
| Trade debts | 44 | €41,725 | €20,776 | -€20,949 | -50.2% |
| Suppliers | 440/4 | €41,725 | €20,776 | -€20,949 | -50.2% |
| Taxes, remuneration and social security | 45 | €18,493 | €34,035 | +€15,542 | +84.0% |
| Taxes | 450/3 | €10,210 | €12,084 | +€1,875 | +18.4% |
| Remuneration and social security | 454/9 | €8,283 | €21,950 | +€13,667 | +165.0% |
| Other amounts payable | 47/48 | €2,067 | €1,252 | -€815 | -39.4% |
| Accrued charges and deferred income | 492/3 | €1,325 | €2,539 | +€1,214 | +91.6% |
| Remuneration, social security and pensions | 62 | €44,871 | €83,019 | +€38,149 | +85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,999 | €21,778 | -€1,221 | -5.3% |
| Other operating charges | 640/8 | €1,505 | €912 | -€593 | -39.4% |
| Gross operating margin | 9900 | €144,235 | €154,818 | +€10,583 | +7.3% |
| Operating profit (loss) | 9901 | €74,860 | €49,109 | -€25,752 | -34.4% |
| Financial income | 75/76B | €23 | €219 | +€196 | +852.0% |
| Recurring financial income | 75 | €23 | €219 | +€196 | +852.0% |
| Financial charges | 65/66B | €1,072 | €2,242 | +€1,170 | +109.1% |
| Recurring financial charges | 65 | €1,072 | €2,242 | +€1,170 | +109.1% |
| Profit (loss) for the period before taxes | 9903 | €73,811 | €47,085 | -€26,726 | -36.2% |
| Income taxes | 67/77 | €19,445 | €13,325 | -€6,120 | -31.5% |
| Profit (loss) for the period | 9904 | €54,366 | €33,760 | -€20,606 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,366 | €33,760 | -€20,606 | -37.9% |
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 30 September 2026 via checked.be.