Brick Over Brick: 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.
Brick Over Brick
Largest movements
- Receivables within one year +€81,944
up €81,944 (+94.8%), from €86,440 to €168,385
of which Trade receivables: +€81,345
- Trade debts +€73,788
up €73,788 (+95.7%), from €77,129 to €150,916
- Profit (loss) carried forward +€7,504
up €7,504 (+24,814%), from €30 to €7,534
- Gross operating margin +€5,381
up €5,381 (+123%), from €4,375 to €9,757
- Depreciation -€1,392
no longer reported in 2024 (was €1,392)
- Taxes +€1,305
up €1,305 (+138%), from €948 to €2,253
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 | €156,076 | €238,021 | +€81,944 | +52.5% |
| Current assets | 29/58 | €156,076 | €238,021 | +€81,944 | +52.5% |
| Amounts receivable within one year | 40/41 | €86,440 | €168,385 | +€81,944 | +94.8% |
| Trade receivables | 40 | €83,568 | €164,913 | +€81,345 | +97.3% |
| Other amounts receivable | 41 | €2,872 | €3,472 | +€599 | +20.9% |
| Cash at bank and in hand | 54/58 | €125 | €125 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €69,511 | €69,511 | = | 0.0% |
| Total equity and liabilities | 10/49 | €156,076 | €238,021 | +€81,944 | +52.5% |
| Equity | 10/15 | €4,030 | €11,534 | +€7,504 | +186% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30 | €7,534 | +€7,504 | +24,814% |
| Amounts payable | 17/49 | €152,046 | €226,487 | +€74,440 | +49.0% |
| Amounts payable within one year | 42/48 | €152,046 | €226,487 | +€74,440 | +49.0% |
| Trade debts | 44 | €77,129 | €150,916 | +€73,788 | +95.7% |
| Suppliers | 440/4 | €77,129 | €150,916 | +€73,788 | +95.7% |
| Advances received on contracts in progress | 46 | €69,511 | €69,511 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €948 | €3,201 | +€2,253 | +238% |
| Taxes | 450/3 | €948 | €3,201 | +€2,253 | +238% |
| Other amounts payable | 47/48 | €4,459 | €2,859 | -€1,600 | -35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,392 | - | -€1,392 | |
| Gross operating margin | 9900 | €4,375 | €9,757 | +€5,381 | +123% |
| Operating profit (loss) | 9901 | €2,983 | €9,757 | +€6,774 | +227% |
| Financial charges | 65/66B | €5 | - | -€5 | |
| Recurring financial charges | 65 | €5 | - | -€5 | |
| Profit (loss) for the period before taxes | 9903 | €2,978 | €9,757 | +€6,779 | +228% |
| Income taxes | 67/77 | €948 | €2,253 | +€1,305 | +138% |
| Profit (loss) for the period | 9904 | €2,030 | €7,504 | +€5,474 | +270% |
| Profit (loss) for the period to be appropriated | 9905 | €2,030 | €7,504 | +€5,474 | +270% |
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 15 October 2026 via checked.be.