Break The Ice: 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.
Break The Ice
Largest movements
- Cash +€389,262
up €389,262 (+190%), from €204,825 to €594,087
mainly Accrued charges and deferred income (+€346,572) and Net result for the year (+€215,324)
- Receivables within one year +€196,028
up €196,028 (+40.0%), from €489,814 to €685,842
of which Trade receivables: +€204,191
- Tangible fixed assets +€120,087
up €120,087 (+99.8%), from €120,294 to €240,381
of which Furniture and vehicles: +€131,955
- Accrued charges and deferred income +€346,572
up €346,572 (+55.9%), from €619,510 to €966,082
- Other debts +€182,517
up €182,517 (+159%), from €114,454 to €296,972
- Trade debts +€99,668
up €99,668 (+759%), from €13,133 to €112,801
- Tax, wage and social debts +€31,089
up €31,089 (+146%), from €21,357 to €52,446
of which Taxes: +€18,000
- Advances received +€27,040
up €27,040 (+773%), from €3,500 to €30,540
- Gross operating margin +€275,480
up €275,480 (+156%), from €177,002 to €452,482
- Staff costs +€62,471
up €62,471 (+90.8%), from €68,778 to €131,249
- Taxes +€51,280
up €51,280 (+256%), from €20,013 to €71,293
- Depreciation +€17,343
up €17,343 (+102%), from €16,972 to €34,315
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 | €814,934 | €1,520,310 | +€705,377 | +86.6% |
| Fixed assets | 21/28 | €120,294 | €240,381 | +€120,087 | +99.8% |
| Tangible fixed assets | 22/27 | €120,294 | €240,381 | +€120,087 | +99.8% |
| Plant, machinery and equipment | 23 | €92,318 | €80,450 | -€11,868 | -12.9% |
| Furniture and vehicles | 24 | €27,976 | €159,931 | +€131,955 | +472% |
| Current assets | 29/58 | €694,640 | €1,279,929 | +€585,290 | +84.3% |
| Amounts receivable within one year | 40/41 | €489,814 | €685,842 | +€196,028 | +40.0% |
| Trade receivables | 40 | €415,955 | €620,146 | +€204,191 | +49.1% |
| Other amounts receivable | 41 | €73,859 | €65,696 | -€8,163 | -11.1% |
| Cash at bank and in hand | 54/58 | €204,825 | €594,087 | +€389,262 | +190% |
| Total equity and liabilities | 10/49 | €814,934 | €1,520,310 | +€705,377 | +86.6% |
| Equity | 10/15 | €25,514 | €50,838 | +€25,324 | +99.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,914 | €32,238 | +€25,324 | +366% |
| Distributable reserves | 133 | €6,914 | €32,238 | +€25,324 | +366% |
| Amounts payable | 17/49 | €789,420 | €1,469,472 | +€680,053 | +86.1% |
| Amounts payable after more than one year | 17 | €10,632 | €3,596 | -€7,036 | -66.2% |
| Financial debts | 170/4 | €10,632 | €3,596 | -€7,036 | -66.2% |
| Amounts payable within one year | 42/48 | €159,278 | €499,794 | +€340,517 | +214% |
| Current portion of amounts payable after more than one year | 42 | €6,834 | €7,036 | +€202 | +3.0% |
| Trade debts | 44 | €13,133 | €112,801 | +€99,668 | +759% |
| Suppliers | 440/4 | €13,133 | €112,801 | +€99,668 | +759% |
| Advances received on contracts in progress | 46 | €3,500 | €30,540 | +€27,040 | +773% |
| Taxes, remuneration and social security | 45 | €21,357 | €52,446 | +€31,089 | +146% |
| Taxes | 450/3 | €10,500 | €28,500 | +€18,000 | +171% |
| Remuneration and social security | 454/9 | €10,857 | €23,946 | +€13,089 | +121% |
| Other amounts payable | 47/48 | €114,454 | €296,972 | +€182,517 | +159% |
| Accrued charges and deferred income | 492/3 | €619,510 | €966,082 | +€346,572 | +55.9% |
| Remuneration, social security and pensions | 62 | €68,778 | €131,249 | +€62,471 | +90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,972 | €34,315 | +€17,343 | +102% |
| Other operating charges | 640/8 | - | €1,006 | +€1,006 | |
| Gross operating margin | 9900 | €177,002 | €452,482 | +€275,480 | +156% |
| Operating profit (loss) | 9901 | €91,252 | €285,912 | +€194,661 | +213% |
| Financial income | 75/76B | €3,362 | €1,485 | -€1,877 | -55.8% |
| Recurring financial income | 75 | €1,005 | €1,485 | +€480 | +47.8% |
| Non-recurring financial income | 76B | €2,357 | €1,485 | -€872 | -37.0% |
| Financial charges | 65/66B | €1,508 | €781 | -€726 | -48.2% |
| Recurring financial charges | 65 | €928 | €680 | -€248 | -26.7% |
| Non-recurring financial charges | 66B | €580 | €102 | -€479 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | €93,106 | €286,617 | +€193,510 | +208% |
| Income taxes | 67/77 | €20,013 | €71,293 | +€51,280 | +256% |
| Profit (loss) for the period | 9904 | €73,094 | €215,324 | +€142,230 | +195% |
| Profit (loss) for the period to be appropriated | 9905 | €73,094 | €215,324 | +€142,230 | +195% |
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 23 October 2026 via checked.be.