BULL MOVERS: 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.
BULL MOVERS
Largest movements
- Cash -€33,937
down €33,937 (-95.0%), from €35,718 to €1,780
mainly Debts after one year (-€21,062) and Receivables within one year (-€17,647)
- Receivables within one year +€17,647
up €17,647 (+11.5%), from €153,861 to €171,508
- Deferred charges and accrued income +€15,871
up €15,871 (+258%), from €6,142 to €22,013
- Tangible fixed assets -€12,185
down €12,185 (-29.2%), from €41,748 to €29,563
of which Furniture and vehicles: -€10,507
- Debts after one year -€21,062
no longer reported in 2024 (was €21,062)
of which Other amounts payable: -€15,000
- Tax, wage and social debts +€17,192
up €17,192 (+43.2%), from €39,755 to €56,947
of which Taxes: +€15,582
- Other debts -€6,724
down €6,724 (-98.1%), from €6,854 to €130
- Current portion of long-term debt -€5,884
down €5,884 (-49.3%), from €11,947 to €6,062
- Staff costs +€13,856
up €13,856 (+39.1%), from €35,455 to €49,311
- Financial charges +€3,620
up €3,620 (+158%), from €2,290 to €5,909
- Taxes -€2,704
down €2,704 (-37.2%), from €7,268 to €4,564
- Gross operating margin +€2,151
up €2,151 (+2.5%), from €87,516 to €89,668
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 | €237,840 | €225,236 | -€12,604 | -5.3% |
| Fixed assets | 21/28 | €42,120 | €29,935 | -€12,185 | -28.9% |
| Tangible fixed assets | 22/27 | €41,748 | €29,563 | -€12,185 | -29.2% |
| Plant, machinery and equipment | 23 | €7,065 | €5,386 | -€1,679 | -23.8% |
| Furniture and vehicles | 24 | €34,683 | €24,176 | -€10,507 | -30.3% |
| Financial fixed assets | 28 | €373 | €373 | = | 0.0% |
| Current assets | 29/58 | €195,720 | €195,301 | -€419 | -0.2% |
| Amounts receivable within one year | 40/41 | €153,861 | €171,508 | +€17,647 | +11.5% |
| Trade receivables | 40 | €153,861 | €171,508 | +€17,647 | +11.5% |
| Cash at bank and in hand | 54/58 | €35,718 | €1,780 | -€33,937 | -95.0% |
| Deferred charges and accrued income | 490/1 | €6,142 | €22,013 | +€15,871 | +258% |
| Total equity and liabilities | 10/49 | €237,840 | €225,236 | -€12,604 | -5.3% |
| Equity | 10/15 | €116,340 | €117,912 | +€1,572 | +1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €98,050 | €98,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,050 | €2,050 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,050 | €2,050 | = | 0.0% |
| Distributable reserves | 133 | €96,000 | €96,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,890 | €7,462 | +€1,572 | +26.7% |
| Amounts payable | 17/49 | €121,500 | €107,324 | -€14,176 | -11.7% |
| Amounts payable after more than one year | 17 | €21,062 | - | -€21,062 | |
| Financial debts | 170/4 | €6,062 | - | -€6,062 | |
| Other amounts payable | 178/9 | €15,000 | - | -€15,000 | |
| Amounts payable within one year | 42/48 | €100,438 | €107,324 | +€6,886 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €11,947 | €6,062 | -€5,884 | -49.3% |
| Financial debts | 43 | €2,221 | €2,228 | +€6 | +0.3% |
| Credit institutions | 430/8 | €2,221 | €2,228 | +€6 | +0.3% |
| Trade debts | 44 | €39,660 | €41,957 | +€2,296 | +5.8% |
| Suppliers | 440/4 | €39,660 | €41,957 | +€2,296 | +5.8% |
| Taxes, remuneration and social security | 45 | €39,755 | €56,947 | +€17,192 | +43.2% |
| Taxes | 450/3 | €32,246 | €47,828 | +€15,582 | +48.3% |
| Remuneration and social security | 454/9 | €7,509 | €9,118 | +€1,609 | +21.4% |
| Other amounts payable | 47/48 | €6,854 | €130 | -€6,724 | -98.1% |
| Remuneration, social security and pensions | 62 | €35,455 | €49,311 | +€13,856 | +39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,445 | €18,910 | +€465 | +2.5% |
| Other operating charges | 640/8 | €9,198 | €9,461 | +€263 | +2.9% |
| Gross operating margin | 9900 | €87,516 | €89,668 | +€2,151 | +2.5% |
| Operating profit (loss) | 9901 | €24,417 | €11,986 | -€12,431 | -50.9% |
| Financial income | 75/76B | €49 | €59 | +€10 | +20.7% |
| Recurring financial income | 75 | €49 | €59 | +€10 | +20.7% |
| Financial charges | 65/66B | €2,290 | €5,909 | +€3,620 | +158% |
| Recurring financial charges | 65 | €2,290 | €5,909 | +€3,620 | +158% |
| Profit (loss) for the period before taxes | 9903 | €22,177 | €6,136 | -€16,041 | -72.3% |
| Income taxes | 67/77 | €7,268 | €4,564 | -€2,704 | -37.2% |
| Profit (loss) for the period | 9904 | €14,908 | €1,572 | -€13,336 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,908 | €1,572 | -€13,336 | -89.5% |
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.