BY TECHNOLOGY: 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.
BY TECHNOLOGY
Largest movements
- Receivables within one year -€18,436
down €18,436 (-53.1%), from €34,732 to €16,296
of which Other amounts receivable: -€23,037
- Cash -€12,175
down €12,175 (-71.5%), from €17,036 to €4,861
mainly Other debts (-€33,650) and Contributions, distributions and other (-€12,192)
- Other debts -€33,650
down €33,650 (-87.4%), from €38,500 to €4,850
- Tax, wage and social debts +€6,464
up €6,464 (+125.7%), from €5,142 to €11,606
- Profit (loss) carried forward -€4,983
down €4,983 (-72.1%), from €6,910 to €1,927
- Trade debts +€1,559
up €1,559 (+94.6%), from €1,647 to €3,206
- Gross operating margin +€17,274
up €17,274, from -€5,246 to €12,028
- Depreciation -€7,863
no longer reported in 2024 (was €7,863)
- Taxes +€5,344
up €5,344, from -€1,456 to €3,888
- Other operating charges -€2,586
down €2,586 (-77.8%), from €3,325 to €739
- Financial income -€796
down €796 (-99.7%), from €798 to €2
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 | €61,700 | €31,089 | -€30,611 | -49.6% |
| Fixed assets | 21/28 | €9,932 | €9,932 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €9,752 | €9,752 | -€0 | 0.0% |
| Furniture and vehicles | 24 | €9,752 | €9,752 | -€0 | 0.0% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €51,768 | €21,157 | -€30,611 | -59.1% |
| Amounts receivable within one year | 40/41 | €34,732 | €16,296 | -€18,436 | -53.1% |
| Trade receivables | 40 | €10,464 | €15,065 | +€4,601 | +44.0% |
| Other amounts receivable | 41 | €24,268 | €1,231 | -€23,037 | -94.9% |
| Cash at bank and in hand | 54/58 | €17,036 | €4,861 | -€12,175 | -71.5% |
| Total equity and liabilities | 10/49 | €61,700 | €31,089 | -€30,611 | -49.6% |
| Equity | 10/15 | €8,410 | €3,427 | -€4,983 | -59.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,910 | €1,927 | -€4,983 | -72.1% |
| Amounts payable | 17/49 | €53,290 | €27,662 | -€25,628 | -48.1% |
| Amounts payable within one year | 42/48 | €53,290 | €27,662 | -€25,628 | -48.1% |
| Trade debts | 44 | €1,647 | €3,206 | +€1,559 | +94.6% |
| Suppliers | 440/4 | €1,647 | €3,206 | +€1,559 | +94.6% |
| Advances received on contracts in progress | 46 | €8,000 | €8,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,142 | €11,606 | +€6,464 | +125.7% |
| Taxes | 450/3 | €5,142 | €11,606 | +€6,464 | +125.7% |
| Other amounts payable | 47/48 | €38,500 | €4,850 | -€33,650 | -87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,863 | - | -€7,863 | |
| Other operating charges | 640/8 | €3,325 | €739 | -€2,586 | -77.8% |
| Gross operating margin | 9900 | -€5,246 | €12,028 | +€17,274 | |
| Operating profit (loss) | 9901 | -€16,433 | €11,289 | +€27,722 | |
| Financial income | 75/76B | €798 | €2 | -€796 | -99.7% |
| Recurring financial income | 75 | €798 | €2 | -€796 | -99.7% |
| Financial charges | 65/66B | €123 | €194 | +€71 | +57.6% |
| Recurring financial charges | 65 | €123 | €194 | +€71 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,758 | €11,097 | +€26,855 | |
| Income taxes | 67/77 | -€1,456 | €3,888 | +€5,344 | |
| Profit (loss) for the period | 9904 | -€14,303 | €7,209 | +€21,512 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,303 | €7,209 | +€21,512 |
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 4 October 2026 via checked.be.