BRIDGE UP: 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.
BRIDGE UP
Largest movements
- Current investments +€300,000
new in 2024: €300,000
- Receivables within one year +€128,188
up €128,188 (+69.9%), from €183,449 to €311,636
- Cash -€85,549
down €85,549 (-35.4%), from €241,713 to €156,163
mainly Current investments (-€300,000) and Receivables within one year (-€128,188)
- Deferred charges and accrued income +€14,639
up €14,639 (+35.9%), from €40,724 to €55,363
- Tangible fixed assets -€11,992
down €11,992 (-24.7%), from €48,471 to €36,479
- Profit (loss) carried forward +€385,286
up €385,286 (+138.5%), from €278,153 to €663,439
- Other debts -€35,744
down €35,744 (-95.4%), from €37,472 to €1,728
- Tax, wage and social debts -€18,151
down €18,151 (-28.5%), from €63,766 to €45,615
of which Taxes: -€19,960
- Trade debts +€13,910
up €13,910 (+11.9%), from €117,239 to €131,148
- Gross operating margin +€170,124
up €170,124 (+42.6%), from €399,182 to €569,306
- Taxes +€36,750
up €36,750 (+41.2%), from €89,143 to €125,893
- Staff costs +€17,782
up €17,782 (+68.1%), from €26,122 to €43,904
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 | €514,356 | €859,642 | +€345,286 | +67.1% |
| Fixed assets | 21/28 | €48,471 | €36,479 | -€11,992 | -24.7% |
| Tangible fixed assets | 22/27 | €48,471 | €36,479 | -€11,992 | -24.7% |
| Furniture and vehicles | 24 | €48,471 | €36,479 | -€11,992 | -24.7% |
| Current assets | 29/58 | €465,885 | €823,163 | +€357,278 | +76.7% |
| Amounts receivable within one year | 40/41 | €183,449 | €311,636 | +€128,188 | +69.9% |
| Trade receivables | 40 | €183,449 | €311,636 | +€128,188 | +69.9% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €241,713 | €156,163 | -€85,549 | -35.4% |
| Deferred charges and accrued income | 490/1 | €40,724 | €55,363 | +€14,639 | +35.9% |
| Total equity and liabilities | 10/49 | €514,356 | €859,642 | +€345,286 | +67.1% |
| Equity | 10/15 | €295,653 | €680,939 | +€385,286 | +130.3% |
| Contributions | 10/11 | €17,500 | €17,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,153 | €663,439 | +€385,286 | +138.5% |
| Amounts payable | 17/49 | €218,703 | €178,703 | -€40,000 | -18.3% |
| Amounts payable within one year | 42/48 | €218,477 | €178,506 | -€39,971 | -18.3% |
| Financial debts | 43 | - | €15 | +€15 | |
| Credit institutions | 430/8 | - | €15 | +€15 | |
| Trade debts | 44 | €117,239 | €131,148 | +€13,910 | +11.9% |
| Suppliers | 440/4 | €117,239 | €131,148 | +€13,910 | +11.9% |
| Taxes, remuneration and social security | 45 | €63,766 | €45,615 | -€18,151 | -28.5% |
| Taxes | 450/3 | €60,676 | €40,716 | -€19,960 | -32.9% |
| Remuneration and social security | 454/9 | €3,090 | €4,898 | +€1,808 | +58.5% |
| Other amounts payable | 47/48 | €37,472 | €1,728 | -€35,744 | -95.4% |
| Accrued charges and deferred income | 492/3 | €226 | €197 | -€29 | -12.8% |
| Remuneration, social security and pensions | 62 | €26,122 | €43,904 | +€17,782 | +68.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,644 | €10,934 | +€4,290 | +64.6% |
| Other operating charges | 640/8 | €536 | €250 | -€286 | -53.3% |
| Gross operating margin | 9900 | €399,182 | €569,306 | +€170,124 | +42.6% |
| Operating profit (loss) | 9901 | €365,880 | €514,218 | +€148,338 | +40.5% |
| Financial income | 75/76B | €7 | €1 | -€6 | -84.5% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -84.5% |
| Financial charges | 65/66B | €600 | €1,430 | +€830 | +138.2% |
| Recurring financial charges | 65 | €600 | €1,430 | +€830 | +138.2% |
| Profit (loss) for the period before taxes | 9903 | €365,287 | €512,789 | +€147,502 | +40.4% |
| Income taxes | 67/77 | €89,143 | €125,893 | +€36,750 | +41.2% |
| Profit (loss) for the period | 9904 | €276,144 | €386,896 | +€110,752 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €276,144 | €386,896 | +€110,752 | +40.1% |
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 29 September 2026 via checked.be.