BY 13: 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.
BY 13
Largest movements
- Receivables within one year +€79,576
up €79,576 (+46.1%), from €172,610 to €252,186
of which Other amounts receivable: +€65,209
- Reserves +€36,069
up €36,069 (+62.7%), from €57,495 to €93,565
- Trade debts +€17,511
up €17,511 (+103%), from €16,963 to €34,474
- Tax, wage and social debts +€15,163
up €15,163 (+25.6%), from €59,234 to €74,397
- Debts after one year +€9,596
new in 2024: €9,596
- Current portion of long-term debt +€4,555
new in 2024: €4,555
- Gross operating margin -€11,399
down €11,399 (-14.5%), from €78,858 to €67,459
- Taxes -€3,126
down €3,126 (-11.4%), from €27,449 to €24,323
- Financial income +€2,547
up €2,547 (+47.4%), from €5,375 to €7,923
- Financial charges +€2,258
up €2,258 (+44.8%), from €5,036 to €7,294
of which Financial charges: +€3,496
- Depreciation +€2,214
up €2,214 (+52.3%), from €4,234 to €6,448
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 | €194,504 | €277,172 | +€82,668 | +42.5% |
| Fixed assets | 21/28 | €11,298 | €11,890 | +€592 | +5.2% |
| Tangible fixed assets | 22/27 | €10,998 | €11,590 | +€592 | +5.4% |
| Land and buildings | 22 | €2,734 | €1,276 | -€1,458 | -53.3% |
| Furniture and vehicles | 24 | €8,264 | €10,314 | +€2,050 | +24.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €183,206 | €265,282 | +€82,076 | +44.8% |
| Amounts receivable within one year | 40/41 | €172,610 | €252,186 | +€79,576 | +46.1% |
| Trade receivables | 40 | €58,829 | €73,196 | +€14,367 | +24.4% |
| Other amounts receivable | 41 | €113,781 | €178,990 | +€65,209 | +57.3% |
| Cash at bank and in hand | 54/58 | €9,912 | €11,582 | +€1,670 | +16.8% |
| Deferred charges and accrued income | 490/1 | €684 | €1,514 | +€830 | +121% |
| Total equity and liabilities | 10/49 | €194,504 | €277,172 | +€82,668 | +42.5% |
| Equity | 10/15 | €114,095 | €150,165 | +€36,069 | +31.6% |
| Contributions | 10/11 | €56,600 | €56,600 | = | 0.0% |
| Reserves | 13 | €57,495 | €93,565 | +€36,069 | +62.7% |
| Distributable reserves | 133 | €57,495 | €93,565 | +€36,069 | +62.7% |
| Amounts payable | 17/49 | €80,409 | €127,007 | +€46,598 | +58.0% |
| Amounts payable after more than one year | 17 | - | €9,596 | +€9,596 | |
| Financial debts | 170/4 | - | €9,596 | +€9,596 | |
| Amounts payable within one year | 42/48 | €80,409 | €117,411 | +€37,002 | +46.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,555 | +€4,555 | |
| Financial debts | 43 | €4,212 | €3,986 | -€226 | -5.4% |
| Credit institutions | 430/8 | €4,212 | €3,986 | -€226 | -5.4% |
| Trade debts | 44 | €16,963 | €34,474 | +€17,511 | +103% |
| Suppliers | 440/4 | €16,963 | €34,474 | +€17,511 | +103% |
| Taxes, remuneration and social security | 45 | €59,234 | €74,397 | +€15,163 | +25.6% |
| Taxes | 450/3 | €59,234 | €74,397 | +€15,163 | +25.6% |
| Non-recurring operating income | 76A | - | €295 | +€295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,234 | €6,448 | +€2,214 | +52.3% |
| Other operating charges | 640/8 | €1,022 | €1,247 | +€225 | +22.0% |
| Gross operating margin | 9900 | €78,858 | €67,459 | -€11,399 | -14.5% |
| Operating profit (loss) | 9901 | €73,602 | €59,763 | -€13,838 | -18.8% |
| Financial income | 75/76B | €5,375 | €7,923 | +€2,547 | +47.4% |
| Recurring financial income | 75 | €5,375 | €7,923 | +€2,547 | +47.4% |
| Financial charges | 65/66B | €5,036 | €7,294 | +€2,258 | +44.8% |
| Recurring financial charges | 65 | €3,798 | €7,294 | +€3,496 | +92.0% |
| Non-recurring financial charges | 66B | €1,238 | - | -€1,238 | |
| Profit (loss) for the period before taxes | 9903 | €73,941 | €60,392 | -€13,549 | -18.3% |
| Income taxes | 67/77 | €27,449 | €24,323 | -€3,126 | -11.4% |
| Profit (loss) for the period | 9904 | €46,492 | €36,069 | -€10,423 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,492 | €36,069 | -€10,423 | -22.4% |
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 22 October 2026 via checked.be.