BS AND CO: 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.
BS AND CO
Largest movements
- Receivables within one year -€136,947
down €136,947 (-74.0%), from €185,084 to €48,137
of which Trade receivables: -€140,102
- Tangible fixed assets -€14,193
down €14,193 (-20.6%), from €68,732 to €54,540
of which Furniture and vehicles: -€13,339
- Deferred charges and accrued income +€6,571
up €6,571 (+181%), from €3,634 to €10,205
- Cash -€4,157
down €4,157 (-4.2%), from €99,044 to €94,888
mainly Trade debts (-€116,743) and Tax, wage and social debts (-€23,435)
- Trade debts -€116,743
down €116,743 (-85.6%), from €136,435 to €19,692
- Tax, wage and social debts -€23,435
down €23,435 (-67.3%), from €34,816 to €11,381
- Reserves +€18,500
up €18,500 (+13.8%), from €133,759 to €152,259
of which Distributable reserves: +€18,500
- Other debts -€17,076
down €17,076 (-34.7%), from €49,192 to €32,116
- Debts after one year -€12,492
down €12,492 (-24.4%), from €51,124 to €38,631
- Financial charges -€90,043
down €90,043 (-96.4%), from €93,430 to €3,387
- Depreciation +€9,841
up €9,841 (+226%), from €4,352 to €14,193
- Gross operating margin +€8,430
up €8,430 (+27.0%), from €31,173 to €39,603
- Taxes +€1,743
up €1,743 (+1,635%), from €107 to €1,850
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 | €356,495 | €207,769 | -€148,726 | -41.7% |
| Fixed assets | 21/28 | €68,732 | €54,540 | -€14,193 | -20.6% |
| Tangible fixed assets | 22/27 | €68,732 | €54,540 | -€14,193 | -20.6% |
| Land and buildings | 22 | €5,339 | €4,580 | -€759 | -14.2% |
| Furniture and vehicles | 24 | €63,298 | €49,959 | -€13,339 | -21.1% |
| Other tangible fixed assets | 26 | €95 | - | -€95 | |
| Current assets | 29/58 | €287,763 | €153,230 | -€134,533 | -46.8% |
| Amounts receivable within one year | 40/41 | €185,084 | €48,137 | -€136,947 | -74.0% |
| Trade receivables | 40 | €178,883 | €38,780 | -€140,102 | -78.3% |
| Other amounts receivable | 41 | €6,201 | €9,357 | +€3,155 | +50.9% |
| Cash at bank and in hand | 54/58 | €99,044 | €94,888 | -€4,157 | -4.2% |
| Deferred charges and accrued income | 490/1 | €3,634 | €10,205 | +€6,571 | +181% |
| Total equity and liabilities | 10/49 | €356,495 | €207,769 | -€148,726 | -41.7% |
| Equity | 10/15 | €72,990 | €91,581 | +€18,592 | +25.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €133,759 | €152,259 | +€18,500 | +13.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €131,900 | €150,400 | +€18,500 | +14.0% |
| Profit (loss) carried forward | 14 | -€66,967 | -€66,875 | +€92 | +0.1% |
| Amounts payable | 17/49 | €283,505 | €116,188 | -€167,317 | -59.0% |
| Amounts payable after more than one year | 17 | €51,124 | €38,631 | -€12,492 | -24.4% |
| Financial debts | 170/4 | €51,124 | €38,631 | -€12,492 | -24.4% |
| Amounts payable within one year | 42/48 | €232,382 | €77,557 | -€154,825 | -66.6% |
| Current portion of amounts payable after more than one year | 42 | €11,939 | €14,367 | +€2,429 | +20.3% |
| Trade debts | 44 | €136,435 | €19,692 | -€116,743 | -85.6% |
| Suppliers | 440/4 | €136,435 | €19,692 | -€116,743 | -85.6% |
| Taxes, remuneration and social security | 45 | €34,816 | €11,381 | -€23,435 | -67.3% |
| Taxes | 450/3 | €34,816 | €11,381 | -€23,435 | -67.3% |
| Other amounts payable | 47/48 | €49,192 | €32,116 | -€17,076 | -34.7% |
| Remuneration, social security and pensions | 62 | €93 | - | -€93 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,352 | €14,193 | +€9,841 | +226% |
| Other operating charges | 640/8 | €1,419 | €1,582 | +€163 | +11.5% |
| Gross operating margin | 9900 | €31,173 | €39,603 | +€8,430 | +27.0% |
| Operating profit (loss) | 9901 | €25,309 | €23,829 | -€1,481 | -5.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €93,430 | €3,387 | -€90,043 | -96.4% |
| Recurring financial charges | 65 | €93,430 | €3,387 | -€90,043 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | -€68,121 | €20,442 | +€88,562 | |
| Income taxes | 67/77 | €107 | €1,850 | +€1,743 | +1,635% |
| Profit (loss) for the period | 9904 | -€68,227 | €18,592 | +€86,819 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68,227 | €18,592 | +€86,819 |
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 27 October 2026 via checked.be.