CH4: 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.
CH4
Largest movements
- Receivables within one year +€232,137
up €232,137 (+193%), from €120,283 to €352,420
of which Trade receivables: +€206,243
- Tangible fixed assets +€132,260
up €132,260 (+241%), from €54,823 to €187,083
of which Furniture and vehicles: +€136,726
- Cash -€53,963
down €53,963 (-81.9%), from €65,918 to €11,955
mainly Receivables within one year (-€232,137) and Investment in fixed assets (net) (-€140,590)
- Profit (loss) carried forward +€119,756
up €119,756 (+59.4%), from €201,449 to €321,205
- Trade debts +€99,526
up €99,526 (+686%), from €14,507 to €114,032
- Tax, wage and social debts +€69,668
up €69,668 (+362%), from €19,267 to €88,935
of which Taxes: +€51,111
- Other debts +€24,436
up €24,436 (+481%), from €5,081 to €29,518
- Gross operating margin +€88,848
up €88,848 (+41.8%), from €212,771 to €301,619
- Staff costs +€29,150
up €29,150 (+41.6%), from €69,992 to €99,142
- Depreciation -€20,458
down €20,458 (-71.1%), from €28,787 to €8,329
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 | €241,305 | €554,690 | +€313,385 | +130% |
| Fixed assets | 21/28 | €54,823 | €187,083 | +€132,260 | +241% |
| Tangible fixed assets | 22/27 | €54,823 | €187,083 | +€132,260 | +241% |
| Plant, machinery and equipment | 23 | €32,528 | €28,062 | -€4,466 | -13.7% |
| Furniture and vehicles | 24 | €22,294 | €159,021 | +€136,726 | +613% |
| Current assets | 29/58 | €186,482 | €367,607 | +€181,125 | +97.1% |
| Amounts receivable within one year | 40/41 | €120,283 | €352,420 | +€232,137 | +193% |
| Trade receivables | 40 | €90,254 | €296,497 | +€206,243 | +229% |
| Other amounts receivable | 41 | €30,028 | €55,923 | +€25,894 | +86.2% |
| Cash at bank and in hand | 54/58 | €65,918 | €11,955 | -€53,963 | -81.9% |
| Deferred charges and accrued income | 490/1 | €281 | €3,231 | +€2,950 | +1,050% |
| Total equity and liabilities | 10/49 | €241,305 | €554,690 | +€313,385 | +130% |
| Equity | 10/15 | €202,449 | €322,205 | +€119,756 | +59.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €201,449 | €321,205 | +€119,756 | +59.4% |
| Amounts payable | 17/49 | €38,855 | €232,485 | +€193,629 | +498% |
| Amounts payable within one year | 42/48 | €38,855 | €232,485 | +€193,629 | +498% |
| Trade debts | 44 | €14,507 | €114,032 | +€99,526 | +686% |
| Suppliers | 440/4 | €14,507 | €114,032 | +€99,526 | +686% |
| Taxes, remuneration and social security | 45 | €19,267 | €88,935 | +€69,668 | +362% |
| Taxes | 450/3 | €19,267 | €70,378 | +€51,111 | +265% |
| Remuneration and social security | 454/9 | - | €18,557 | +€18,557 | |
| Other amounts payable | 47/48 | €5,081 | €29,518 | +€24,436 | +481% |
| Remuneration, social security and pensions | 62 | €69,992 | €99,142 | +€29,150 | +41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,787 | €8,329 | -€20,458 | -71.1% |
| Other operating charges | 640/8 | €3,903 | €1,678 | -€2,225 | -57.0% |
| Gross operating margin | 9900 | €212,771 | €301,619 | +€88,848 | +41.8% |
| Operating profit (loss) | 9901 | €110,089 | €192,470 | +€82,381 | +74.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €111 | €70 | -€41 | -37.0% |
| Recurring financial charges | 65 | €111 | €70 | -€41 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €109,978 | €192,400 | +€82,422 | +74.9% |
| Income taxes | 67/77 | €51,245 | €53,521 | +€2,277 | +4.4% |
| Profit (loss) for the period | 9904 | €58,733 | €138,879 | +€80,145 | +136% |
| Profit (loss) for the period to be appropriated | 9905 | €58,733 | €138,879 | +€80,145 | +136% |
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 15 October 2026 via checked.be.