CARTOONBASE: 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.
CARTOONBASE
Largest movements
- Cash -€266,838
down €266,838 (-53.8%), from €496,065 to €229,227
mainly Debts after one year (-€350,000) and Net result for the year (-€106,944)
- Receivables within one year +€102,606
up €102,606 (+8.1%), from €1.3m to €1.4m
of which Trade receivables: +€140,723
- Deferred charges and accrued income +€81,686
up €81,686 (+24.1%), from €338,537 to €420,224
- Debts after one year -€350,000
down €350,000 (-30.3%), from €1.2m to €806,000
- Short-term financial debts +€350,000
new in 2024: €350,000
- Profit (loss) carried forward -€106,944
down €106,944 (-62.6%), from €170,763 to €63,819
- Trade debts +€85,789
up €85,789 (+35.9%), from €238,729 to €324,518
- Tax, wage and social debts -€57,644
down €57,644 (-25.9%), from €222,254 to €164,610
of which Taxes: -€71,573
- Gross operating margin -€104,976
down €104,976 (-6.9%), from €1.5m to €1.4m
- Financial charges +€49,226
up €49,226 (+197%), from €24,930 to €74,156
of which Financial charges: +€48,676
- Staff costs -€16,028
down €16,028 (-1.1%), from €1.4m to €1.4m
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 | €2,201,859 | €2,118,902 | -€82,957 | -3.8% |
| Fixed assets | 21/28 | €97,858 | €97,448 | -€410 | -0.4% |
| Tangible fixed assets | 22/27 | €52,911 | €44,916 | -€7,996 | -15.1% |
| Furniture and vehicles | 24 | €46,861 | €40,369 | -€6,492 | -13.9% |
| Other tangible fixed assets | 26 | €6,051 | €4,547 | -€1,503 | -24.8% |
| Financial fixed assets | 28 | €44,947 | €52,532 | +€7,585 | +16.9% |
| Current assets | 29/58 | €2,104,001 | €2,021,454 | -€82,546 | -3.9% |
| Amounts receivable within one year | 40/41 | €1,269,398 | €1,372,004 | +€102,606 | +8.1% |
| Trade receivables | 40 | €1,229,158 | €1,369,881 | +€140,723 | +11.4% |
| Other amounts receivable | 41 | €40,240 | €2,123 | -€38,117 | -94.7% |
| Cash at bank and in hand | 54/58 | €496,065 | €229,227 | -€266,838 | -53.8% |
| Deferred charges and accrued income | 490/1 | €338,537 | €420,224 | +€81,686 | +24.1% |
| Total equity and liabilities | 10/49 | €2,201,859 | €2,118,902 | -€82,957 | -3.8% |
| Equity | 10/15 | €451,626 | €344,682 | -€106,944 | -23.7% |
| Contributions | 10/11 | €255,330 | €255,330 | = | 0.0% |
| Capital | 10 | €255,330 | €255,330 | = | 0.0% |
| Issued capital | 100 | €255,330 | €255,330 | = | 0.0% |
| Reserves | 13 | €25,533 | €25,533 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,533 | €25,533 | = | 0.0% |
| Legal reserve | 130 | €25,533 | €25,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,763 | €63,819 | -€106,944 | -62.6% |
| Amounts payable | 17/49 | €1,750,233 | €1,774,220 | +€23,987 | +1.4% |
| Amounts payable after more than one year | 17 | €1,156,000 | €806,000 | -€350,000 | -30.3% |
| Financial debts | 170/4 | €1,156,000 | €806,000 | -€350,000 | -30.3% |
| Amounts payable within one year | 42/48 | €568,482 | €939,788 | +€371,305 | +65.3% |
| Financial debts | 43 | - | €350,000 | +€350,000 | |
| Credit institutions | 430/8 | - | €350,000 | +€350,000 | |
| Trade debts | 44 | €238,729 | €324,518 | +€85,789 | +35.9% |
| Suppliers | 440/4 | €238,729 | €324,518 | +€85,789 | +35.9% |
| Taxes, remuneration and social security | 45 | €222,254 | €164,610 | -€57,644 | -25.9% |
| Taxes | 450/3 | €76,049 | €4,476 | -€71,573 | -94.1% |
| Remuneration and social security | 454/9 | €146,204 | €160,133 | +€13,929 | +9.5% |
| Other amounts payable | 47/48 | €107,500 | €100,660 | -€6,840 | -6.4% |
| Accrued charges and deferred income | 492/3 | €25,751 | €28,432 | +€2,682 | +10.4% |
| Non-recurring operating income | 76A | - | €363 | +€363 | |
| Remuneration, social security and pensions | 62 | €1,422,478 | €1,406,450 | -€16,028 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,741 | €31,426 | -€4,315 | -12.1% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | €1,510,887 | €1,405,911 | -€104,976 | -6.9% |
| Operating profit (loss) | 9901 | €51,708 | -€32,933 | -€84,641 | |
| Financial income | 75/76B | €1,045 | €629 | -€416 | -39.8% |
| Recurring financial income | 75 | €1,045 | €629 | -€416 | -39.8% |
| Financial charges | 65/66B | €24,930 | €74,156 | +€49,226 | +197% |
| Recurring financial charges | 65 | €24,930 | €73,606 | +€48,676 | +195% |
| Non-recurring financial charges | 66B | - | €550 | +€550 | |
| Profit (loss) for the period before taxes | 9903 | €27,822 | -€106,461 | -€134,283 | |
| Income taxes | 67/77 | €4 | €483 | +€479 | +10,706% |
| Profit (loss) for the period | 9904 | €27,818 | -€106,944 | -€134,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,818 | -€106,944 | -€134,761 |
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 20 October 2026 via checked.be.