CONCEPTS AND CONSTRUCTIONS: 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.
CONCEPTS AND CONSTRUCTIONS
Largest movements
- Receivables within one year +€30,435
up €30,435 (+509%), from €5,974 to €36,409
of which Trade receivables: +€33,829
- Cash -€19,345
down €19,345 (-95.6%), from €20,240 to €895
mainly Receivables within one year (-€30,435) and Net result for the year (-€1,239)
- Tangible fixed assets -€2,167
down €2,167 (-35.3%), from €6,138 to €3,971
- Tax, wage and social debts +€6,279
new in 2024: €6,279
- Trade debts +€4,821
up €4,821 (+3,686%), from €131 to €4,952
- Profit (loss) carried forward -€1,239
down €1,239 (-33.1%), from €3,747 to €2,508
- Other debts -€1,182
down €1,182 (-13.6%), from €8,671 to €7,489
- Gross operating margin +€6,003
up €6,003, from -€4,613 to €1,390
- Depreciation +€1,805
up €1,805 (+498%), from €362 to €2,167
- Financial charges -€420
down €420 (-84.3%), from €498 to €78
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 | €33,009 | €41,689 | +€8,680 | +26.3% |
| Fixed assets | 21/28 | €6,138 | €3,971 | -€2,167 | -35.3% |
| Tangible fixed assets | 22/27 | €6,138 | €3,971 | -€2,167 | -35.3% |
| Plant, machinery and equipment | 23 | €6,138 | €3,971 | -€2,167 | -35.3% |
| Current assets | 29/58 | €26,871 | €37,717 | +€10,846 | +40.4% |
| Amounts receivable within one year | 40/41 | €5,974 | €36,409 | +€30,435 | +509% |
| Trade receivables | 40 | €2,319 | €36,148 | +€33,829 | +1,459% |
| Other amounts receivable | 41 | €3,655 | €261 | -€3,394 | -92.9% |
| Cash at bank and in hand | 54/58 | €20,240 | €895 | -€19,345 | -95.6% |
| Deferred charges and accrued income | 490/1 | €657 | €413 | -€244 | -37.1% |
| Total equity and liabilities | 10/49 | €33,009 | €41,689 | +€8,680 | +26.3% |
| Equity | 10/15 | €24,207 | €22,968 | -€1,239 | -5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €3,747 | €2,508 | -€1,239 | -33.1% |
| Amounts payable | 17/49 | €8,802 | €18,720 | +€9,919 | +113% |
| Amounts payable within one year | 42/48 | €8,802 | €18,720 | +€9,919 | +113% |
| Trade debts | 44 | €131 | €4,952 | +€4,821 | +3,686% |
| Suppliers | 440/4 | €131 | €4,952 | +€4,821 | +3,686% |
| Taxes, remuneration and social security | 45 | - | €6,279 | +€6,279 | |
| Taxes | 450/3 | - | €6,279 | +€6,279 | |
| Other amounts payable | 47/48 | €8,671 | €7,489 | -€1,182 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €362 | €2,167 | +€1,805 | +498% |
| Other operating charges | 640/8 | €348 | €384 | +€37 | +10.6% |
| Gross operating margin | 9900 | -€4,613 | €1,390 | +€6,003 | |
| Operating profit (loss) | 9901 | -€5,323 | -€1,161 | +€4,162 | +78.2% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €498 | €78 | -€420 | -84.3% |
| Recurring financial charges | 65 | €498 | €78 | -€420 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,815 | -€1,239 | +€4,576 | +78.7% |
| Profit (loss) for the period | 9904 | -€5,815 | -€1,239 | +€4,576 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,815 | -€1,239 | +€4,576 | +78.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.