CO-ACTIO: 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.
CO-ACTIO
Largest movements
- Receivables after one year +€16,716
up €16,716 (+12.6%), from €132,529 to €149,245
- Receivables within one year +€4,255
new in 2024: €4,255
- Cash -€3,029
down €3,029 (-21.5%), from €14,099 to €11,070
mainly Receivables after one year (-€16,716) and Debts after one year (-€6,614)
- Profit (loss) carried forward +€17,578
up €17,578 (+32.3%), from €54,354 to €71,932
- Tax, wage and social debts +€8,304
up €8,304 (+19.2%), from €43,230 to €51,534
- Debts after one year -€6,614
down €6,614 (-100.0%), from €6,614 to €0
- Other debts +€2,736
new in 2024: €2,736
- Trade debts -€1,669
down €1,669 (-21.4%), from €7,812 to €6,143
- Gross operating margin -€7,518
down €7,518 (-21.2%), from €35,390 to €27,872
- Taxes -€6,876
down €6,876 (-49.8%), from €13,816 to €6,940
- Financial charges +€2,882
up €2,882 (+557.7%), from €517 to €3,398
- Financial income -€827
down €827 (-32.5%), from €2,543 to €1,716
- Depreciation -€724
down €724 (-41.4%), from €1,750 to €1,026
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 | €147,654 | €164,570 | +€16,916 | +11.5% |
| Fixed assets | 21/28 | €1,026 | €0 | -€1,026 | -100.0% |
| Tangible fixed assets | 22/27 | €1,026 | €0 | -€1,026 | -100.0% |
| Furniture and vehicles | 24 | €1,026 | €0 | -€1,026 | -100.0% |
| Current assets | 29/58 | €146,628 | €164,570 | +€17,942 | +12.2% |
| Amounts receivable after more than one year | 29 | €132,529 | €149,245 | +€16,716 | +12.6% |
| Other amounts receivable | 291 | €132,529 | €149,245 | +€16,716 | +12.6% |
| Amounts receivable within one year | 40/41 | - | €4,255 | +€4,255 | |
| Trade receivables | 40 | - | €4,255 | +€4,255 | |
| Cash at bank and in hand | 54/58 | €14,099 | €11,070 | -€3,029 | -21.5% |
| Total equity and liabilities | 10/49 | €147,654 | €164,570 | +€16,916 | +11.5% |
| Equity | 10/15 | €72,954 | €90,532 | +€17,578 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,354 | €71,932 | +€17,578 | +32.3% |
| Amounts payable | 17/49 | €74,700 | €74,038 | -€662 | -0.9% |
| Amounts payable after more than one year | 17 | €6,614 | €0 | -€6,614 | -100.0% |
| Financial debts | 170/4 | €6,614 | €0 | -€6,614 | -100.0% |
| Amounts payable within one year | 42/48 | €66,776 | €74,038 | +€7,262 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €13,228 | €12,125 | -€1,102 | -8.3% |
| Financial debts | 43 | €2,507 | €1,500 | -€1,007 | -40.2% |
| Credit institutions | 430/8 | €7 | €0 | -€7 | -100.0% |
| Other loans | 439 | €2,500 | €1,500 | -€1,000 | -40.0% |
| Trade debts | 44 | €7,812 | €6,143 | -€1,669 | -21.4% |
| Suppliers | 440/4 | €7,812 | €6,143 | -€1,669 | -21.4% |
| Taxes, remuneration and social security | 45 | €43,230 | €51,534 | +€8,304 | +19.2% |
| Taxes | 450/3 | €43,230 | €51,534 | +€8,304 | +19.2% |
| Other amounts payable | 47/48 | - | €2,736 | +€2,736 | |
| Accrued charges and deferred income | 492/3 | €1,310 | €0 | -€1,310 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,750 | €1,026 | -€724 | -41.4% |
| Other operating charges | 640/8 | €778 | €646 | -€131 | -16.9% |
| Gross operating margin | 9900 | €35,390 | €27,872 | -€7,518 | -21.2% |
| Operating profit (loss) | 9901 | €32,862 | €26,200 | -€6,662 | -20.3% |
| Financial income | 75/76B | €2,543 | €1,716 | -€827 | -32.5% |
| Recurring financial income | 75 | €2,543 | €1,716 | -€827 | -32.5% |
| Financial charges | 65/66B | €517 | €3,398 | +€2,882 | +557.7% |
| Recurring financial charges | 65 | €517 | €3,398 | +€2,882 | +557.7% |
| Profit (loss) for the period before taxes | 9903 | €34,889 | €24,518 | -€10,371 | -29.7% |
| Income taxes | 67/77 | €13,816 | €6,940 | -€6,876 | -49.8% |
| Profit (loss) for the period | 9904 | €21,073 | €17,578 | -€3,495 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,073 | €17,578 | -€3,495 | -16.6% |
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 10 October 2026 via checked.be.