Check Six: 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.
Check Six
Largest movements
- Receivables within one year +€226,151
up €226,151 (+797.3%), from €28,364 to €254,515
of which Trade receivables: +€189,275
- Tangible fixed assets +€109,956
up €109,956 (+296.3%), from €37,112 to €147,068
of which Plant, machinery and equipment: +€82,889
- Trade debts +€149,715
up €149,715 (+265.1%), from €56,476 to €206,192
- Reserves +€68,975
up €68,975 (+60.4%), from €114,223 to €183,198
of which Distributable reserves: +€68,975
- Debts after one year +€51,983
up €51,983 (+135.3%), from €38,427 to €90,409
of which Financial debts: +€51,983
- Tax, wage and social debts +€38,762
up €38,762 (+235.9%), from €16,435 to €55,196
of which Taxes: +€34,638
- Current portion of long-term debt +€26,925
up €26,925 (+717.3%), from €3,754 to €30,678
- Gross operating margin +€141,916
up €141,916, from -€53,030 to €88,887
- Taxes +€10,334
up €10,334, from €0 to €10,334
- Depreciation +€9,746
up €9,746 (+144.6%), from €6,741 to €16,488
- Staff costs +€6,411
new in 2024: €6,411
- Financial income -€5,535
down €5,535 (-38.1%), from €14,528 to €8,994
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 | €262,380 | €603,273 | +€340,892 | +129.9% |
| Fixed assets | 21/28 | €37,112 | €147,068 | +€109,956 | +296.3% |
| Tangible fixed assets | 22/27 | €37,112 | €147,068 | +€109,956 | +296.3% |
| Plant, machinery and equipment | 23 | €10,219 | €93,108 | +€82,889 | +811.2% |
| Furniture and vehicles | 24 | €26,894 | €26,280 | -€614 | -2.3% |
| Leasing and similar rights | 25 | - | €27,680 | +€27,680 | |
| Current assets | 29/58 | €225,268 | €456,205 | +€230,937 | +102.5% |
| Amounts receivable after more than one year | 29 | €170,000 | €170,000 | = | 0.0% |
| Other amounts receivable | 291 | €170,000 | €170,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €26,405 | €30,288 | +€3,883 | +14.7% |
| Stocks | 30/36 | €26,405 | €30,288 | +€3,883 | +14.7% |
| Amounts receivable within one year | 40/41 | €28,364 | €254,515 | +€226,151 | +797.3% |
| Trade receivables | 40 | €11,140 | €200,414 | +€189,275 | +1699.1% |
| Other amounts receivable | 41 | €17,224 | €54,101 | +€36,877 | +214.1% |
| Cash at bank and in hand | 54/58 | €364 | €571 | +€207 | +56.7% |
| Deferred charges and accrued income | 490/1 | €135 | €831 | +€696 | +515.8% |
| Total equity and liabilities | 10/49 | €262,380 | €603,273 | +€340,892 | +129.9% |
| Equity | 10/15 | €147,289 | €201,798 | +€54,509 | +37.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €114,223 | €183,198 | +€68,975 | +60.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €112,363 | €181,338 | +€68,975 | +61.4% |
| Profit (loss) carried forward | 14 | €14,466 | €0 | -€14,466 | -100.0% |
| Amounts payable | 17/49 | €115,091 | €401,475 | +€286,384 | +248.8% |
| Amounts payable after more than one year | 17 | €38,427 | €90,409 | +€51,983 | +135.3% |
| Financial debts | 170/4 | €33,427 | €85,409 | +€51,983 | +155.5% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,665 | €311,066 | +€234,401 | +305.7% |
| Current portion of amounts payable after more than one year | 42 | €3,754 | €30,678 | +€26,925 | +717.3% |
| Financial debts | 43 | - | €19,000 | +€19,000 | |
| Credit institutions | 430/8 | - | €19,000 | +€19,000 | |
| Trade debts | 44 | €56,476 | €206,192 | +€149,715 | +265.1% |
| Suppliers | 440/4 | €56,476 | €206,192 | +€149,715 | +265.1% |
| Taxes, remuneration and social security | 45 | €16,435 | €55,196 | +€38,762 | +235.9% |
| Taxes | 450/3 | €16,435 | €51,073 | +€34,638 | +210.8% |
| Remuneration and social security | 454/9 | - | €4,124 | +€4,124 | |
| Remuneration, social security and pensions | 62 | - | €6,411 | +€6,411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,741 | €16,488 | +€9,746 | +144.6% |
| Other operating charges | 640/8 | €1,103 | €3,055 | +€1,952 | +176.9% |
| Gross operating margin | 9900 | -€53,030 | €88,887 | +€141,916 | |
| Operating profit (loss) | 9901 | -€60,874 | €62,933 | +€123,807 | |
| Financial income | 75/76B | €14,528 | €8,994 | -€5,535 | -38.1% |
| Recurring financial income | 75 | €14,528 | €8,994 | -€5,535 | -38.1% |
| Financial charges | 65/66B | €2,483 | €7,083 | +€4,600 | +185.3% |
| Recurring financial charges | 65 | €2,483 | €7,083 | +€4,600 | +185.3% |
| Profit (loss) for the period before taxes | 9903 | -€48,829 | €64,843 | +€113,672 | |
| Income taxes | 67/77 | €0 | €10,334 | +€10,334 | |
| Profit (loss) for the period | 9904 | -€48,829 | €54,509 | +€103,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,829 | €54,509 | +€103,337 |
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 7 October 2026 via checked.be.