CONCEPT WOLF: 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.
CONCEPT WOLF
Largest movements
- Receivables within one year -€32,136
down €32,136 (-64.1%), from €50,131 to €17,995
of which Trade receivables: -€32,559
- Tangible fixed assets -€4,702
down €4,702 (-49.7%), from €9,466 to €4,763
- Cash +€2,992
up €2,992 (+246.6%), from €1,213 to €4,205
mainly Receivables within one year (+€32,136) and Depreciation (+€7,944)
- Trade debts -€16,589
down €16,589 (-78.7%), from €21,067 to €4,479
- Other debts -€15,271
down €15,271 (-50.9%), from €29,992 to €14,721
- Tax, wage and social debts -€2,149
down €2,149 (-16.7%), from €12,850 to €10,702
- Gross operating margin -€14,230
down €14,230 (-52.9%), from €26,903 to €12,674
- Taxes +€1,667
up €1,667 (+251.8%), from €662 to €2,329
- Other operating charges -€1,570
down €1,570 (-47.0%), from €3,341 to €1,771
- Depreciation -€862
down €862 (-9.8%), from €8,807 to €7,944
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 | €61,922 | €28,109 | -€33,813 | -54.6% |
| Fixed assets | 21/28 | €9,466 | €4,763 | -€4,702 | -49.7% |
| Tangible fixed assets | 22/27 | €9,466 | €4,763 | -€4,702 | -49.7% |
| Furniture and vehicles | 24 | €9,466 | €4,763 | -€4,702 | -49.7% |
| Current assets | 29/58 | €52,457 | €23,346 | -€29,111 | -55.5% |
| Amounts receivable within one year | 40/41 | €50,131 | €17,995 | -€32,136 | -64.1% |
| Trade receivables | 40 | €50,118 | €17,559 | -€32,559 | -65.0% |
| Other amounts receivable | 41 | €13 | €436 | +€423 | +3242.9% |
| Cash at bank and in hand | 54/58 | €1,213 | €4,205 | +€2,992 | +246.6% |
| Deferred charges and accrued income | 490/1 | €1,112 | €1,146 | +€33 | +3.0% |
| Total equity and liabilities | 10/49 | €61,922 | €28,109 | -€33,813 | -54.6% |
| Equity | 10/15 | -€1,987 | -€1,792 | +€195 | +9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,047 | -€9,852 | +€195 | +1.9% |
| Amounts payable | 17/49 | €63,909 | €29,901 | -€34,008 | -53.2% |
| Amounts payable within one year | 42/48 | €63,909 | €29,901 | -€34,008 | -53.2% |
| Trade debts | 44 | €21,067 | €4,479 | -€16,589 | -78.7% |
| Suppliers | 440/4 | €21,067 | €4,479 | -€16,589 | -78.7% |
| Taxes, remuneration and social security | 45 | €12,850 | €10,702 | -€2,149 | -16.7% |
| Taxes | 450/3 | €12,850 | €10,702 | -€2,149 | -16.7% |
| Other amounts payable | 47/48 | €29,992 | €14,721 | -€15,271 | -50.9% |
| Non-recurring operating income | 76A | - | €7,019 | +€7,019 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,807 | €7,944 | -€862 | -9.8% |
| Other operating charges | 640/8 | €3,341 | €1,771 | -€1,570 | -47.0% |
| Gross operating margin | 9900 | €26,903 | €12,674 | -€14,230 | -52.9% |
| Operating profit (loss) | 9901 | €14,756 | €2,958 | -€11,798 | -80.0% |
| Financial income | 75/76B | €2 | €5 | +€3 | +138.9% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +138.9% |
| Financial charges | 65/66B | €395 | €438 | +€43 | +10.8% |
| Recurring financial charges | 65 | €395 | €438 | +€43 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €14,362 | €2,525 | -€11,837 | -82.4% |
| Income taxes | 67/77 | €662 | €2,329 | +€1,667 | +251.8% |
| Profit (loss) for the period | 9904 | €13,700 | €195 | -€13,505 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,700 | €195 | -€13,505 | -98.6% |
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 11 October 2026 via checked.be.