BUSINESS DEVELOPMENT & INTELLIGENCE: 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.
BUSINESS DEVELOPMENT & INTELLIGENCE
Largest movements
- Cash -€83,206
down €83,206 (-88.4%), from €94,151 to €10,946
mainly Net result for the year (-€99,030) and Other debts (-€30,004)
- Deferred charges and accrued income -€47,992
no longer reported in 2024 (was €47,992)
- Receivables within one year -€22,710
down €22,710 (-21.9%), from €103,615 to €80,905
of which Trade receivables: -€22,859
- Profit (loss) carried forward -€99,030
down €99,030 (-81.8%), from €121,110 to €22,079
- Other debts -€30,004
down €30,004 (-40.3%), from €74,529 to €44,525
- Trade debts -€15,310
down €15,310 (-71.9%), from €21,303 to €5,994
- Tax, wage and social debts -€8,252
down €8,252 (-90.6%), from €9,107 to €855
- Gross operating margin -€112,496
down €112,496, from €16,323 to -€96,173
- Taxes -€4,336
no longer reported in 2024 (was €4,336)
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 | €248,072 | €95,476 | -€152,596 | -61.5% |
| Fixed assets | 21/28 | €2,314 | €3,626 | +€1,312 | +56.7% |
| Tangible fixed assets | 22/27 | €2,314 | €3,626 | +€1,312 | +56.7% |
| Furniture and vehicles | 24 | €2,314 | €3,626 | +€1,312 | +56.7% |
| Current assets | 29/58 | €245,758 | €91,850 | -€153,908 | -62.6% |
| Amounts receivable within one year | 40/41 | €103,615 | €80,905 | -€22,710 | -21.9% |
| Trade receivables | 40 | €98,217 | €75,358 | -€22,859 | -23.3% |
| Other amounts receivable | 41 | €5,398 | €5,546 | +€149 | +2.8% |
| Cash at bank and in hand | 54/58 | €94,151 | €10,946 | -€83,206 | -88.4% |
| Deferred charges and accrued income | 490/1 | €47,992 | - | -€47,992 | |
| Total equity and liabilities | 10/49 | €248,072 | €95,476 | -€152,596 | -61.5% |
| Equity | 10/15 | €143,132 | €44,102 | -€99,030 | -69.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €12,023 | €12,023 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €10,023 | €10,023 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,110 | €22,079 | -€99,030 | -81.8% |
| Amounts payable | 17/49 | €104,939 | €51,374 | -€53,566 | -51.0% |
| Amounts payable within one year | 42/48 | €104,939 | €51,374 | -€53,566 | -51.0% |
| Trade debts | 44 | €21,303 | €5,994 | -€15,310 | -71.9% |
| Suppliers | 440/4 | €21,303 | €5,994 | -€15,310 | -71.9% |
| Taxes, remuneration and social security | 45 | €9,107 | €855 | -€8,252 | -90.6% |
| Taxes | 450/3 | €9,107 | €855 | -€8,252 | -90.6% |
| Other amounts payable | 47/48 | €74,529 | €44,525 | -€30,004 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €628 | €935 | +€307 | +48.9% |
| Other operating charges | 640/8 | €244 | €29 | -€214 | -88.0% |
| Gross operating margin | 9900 | €16,323 | -€96,173 | -€112,496 | |
| Operating profit (loss) | 9901 | €15,451 | -€97,138 | -€112,589 | |
| Financial income | 75/76B | €559 | €1 | -€559 | -99.9% |
| Recurring financial income | 75 | €559 | €1 | -€559 | -99.9% |
| Financial charges | 65/66B | €1,652 | €1,893 | +€242 | +14.6% |
| Recurring financial charges | 65 | €1,652 | €1,893 | +€242 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €14,359 | -€99,030 | -€113,389 | |
| Income taxes | 67/77 | €4,336 | - | -€4,336 | |
| Profit (loss) for the period | 9904 | €10,023 | -€99,030 | -€109,053 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,023 | -€99,030 | -€109,053 |
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 8 October 2026 via checked.be.