CLASSIC PERFORMANCE: 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.
CLASSIC PERFORMANCE
Largest movements
- Cash +€80,468
up €80,468 (+604%), from €13,323 to €93,791
mainly Net result for the year (+€87,383) and Tax, wage and social debts (+€38,855)
- Receivables within one year +€61,425
up €61,425 (+234%), from €26,261 to €87,686
of which Other amounts receivable: +€59,837
- Stocks and contracts -€8,542
no longer reported in 2024 (was €8,542)
- Profit (loss) carried forward +€68,183
up €68,183, from -€15,486 to €52,698
- Tax, wage and social debts +€38,855
new in 2024: €38,855
of which Taxes: +€32,754
- Other debts +€18,324
up €18,324 (+42.2%), from €43,410 to €61,734
- Debts after one year +€7,036
new in 2024: €7,036
- Current portion of long-term debt +€2,169
up €2,169 (+153%), from €1,414 to €3,583
- Taxes -€76,552
down €76,552, from €297 to -€76,256
- Gross operating margin +€18,513
up €18,513 (+307%), from €6,039 to €24,552
- Staff costs -€1,901
down €1,901, from €1,429 to -€472
- Depreciation -€1,381
down €1,381 (-24.6%), from €5,607 to €4,226
- Financial charges +€1,101
up €1,101 (+311%), from €354 to €1,455
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 | €61,012 | €193,903 | +€132,891 | +218% |
| Fixed assets | 21/28 | €12,886 | €12,425 | -€460 | -3.6% |
| Tangible fixed assets | 22/27 | €12,206 | €11,745 | -€460 | -3.8% |
| Plant, machinery and equipment | 23 | €3,060 | - | -€3,060 | |
| Furniture and vehicles | 24 | €9,146 | €11,745 | +€2,599 | +28.4% |
| Financial fixed assets | 28 | €680 | €680 | = | 0.0% |
| Current assets | 29/58 | €48,126 | €181,477 | +€133,351 | +277% |
| Stocks and contracts in progress | 3 | €8,542 | - | -€8,542 | |
| Stocks | 30/36 | €8,542 | - | -€8,542 | |
| Amounts receivable within one year | 40/41 | €26,261 | €87,686 | +€61,425 | +234% |
| Trade receivables | 40 | €25,436 | €27,024 | +€1,588 | +6.2% |
| Other amounts receivable | 41 | €825 | €60,662 | +€59,837 | +7,255% |
| Cash at bank and in hand | 54/58 | €13,323 | €93,791 | +€80,468 | +604% |
| Total equity and liabilities | 10/49 | €61,012 | €193,903 | +€132,891 | +218% |
| Equity | 10/15 | €3,106 | €71,290 | +€68,183 | +2,195% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,486 | €52,698 | +€68,183 | |
| Amounts payable | 17/49 | €57,906 | €122,613 | +€64,708 | +112% |
| Amounts payable after more than one year | 17 | - | €7,036 | +€7,036 | |
| Financial debts | 170/4 | - | €7,036 | +€7,036 | |
| Amounts payable within one year | 42/48 | €57,906 | €115,577 | +€57,671 | +99.6% |
| Current portion of amounts payable after more than one year | 42 | €1,414 | €3,583 | +€2,169 | +153% |
| Trade debts | 44 | €12,680 | €11,003 | -€1,677 | -13.2% |
| Suppliers | 440/4 | €12,680 | €11,003 | -€1,677 | -13.2% |
| Advances received on contracts in progress | 46 | €402 | €402 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €38,855 | +€38,855 | |
| Taxes | 450/3 | - | €32,754 | +€32,754 | |
| Remuneration and social security | 454/9 | - | €6,102 | +€6,102 | |
| Other amounts payable | 47/48 | €43,410 | €61,734 | +€18,324 | +42.2% |
| Non-recurring operating income | 76A | €3,833 | €31 | -€3,802 | -99.2% |
| Remuneration, social security and pensions | 62 | €1,429 | -€472 | -€1,901 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,607 | €4,226 | -€1,381 | -24.6% |
| Other operating charges | 640/8 | €384 | €775 | +€390 | +102% |
| Non-recurring operating charges | 66A | €250 | €7,547 | +€7,297 | +2,919% |
| Gross operating margin | 9900 | €6,039 | €24,552 | +€18,513 | +307% |
| Operating profit (loss) | 9901 | -€1,632 | €12,477 | +€14,109 | |
| Financial income | 75/76B | €68 | €106 | +€38 | +55.2% |
| Recurring financial income | 75 | €68 | €106 | +€38 | +55.2% |
| Financial charges | 65/66B | €354 | €1,455 | +€1,101 | +311% |
| Recurring financial charges | 65 | €354 | €1,455 | +€1,101 | +311% |
| Profit (loss) for the period before taxes | 9903 | -€1,917 | €11,128 | +€13,045 | |
| Income taxes | 67/77 | €297 | -€76,256 | -€76,552 | |
| Profit (loss) for the period | 9904 | -€2,214 | €87,383 | +€89,597 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,214 | €87,383 | +€89,597 |
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 13 October 2026 via checked.be.