CONNECT PARTNERS: 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.
CONNECT PARTNERS
Largest movements
- Receivables within one year +€43,630
up €43,630 (+8426.4%), from €518 to €44,148
of which Other amounts receivable: +€37,075
- Cash -€6,799
down €6,799 (-36.1%), from €18,834 to €12,035
mainly Receivables within one year (-€43,630)
- Tangible fixed assets -€5,503
down €5,503 (-61.4%), from €8,960 to €3,456
of which Furniture and vehicles: -€5,337
- Financial fixed assets +€2,137
up €2,137 (+176.2%), from €1,213 to €3,350
- Debts after one year +€16,444
new in 2024: €16,444
- Trade debts +€6,719
up €6,719 (+143.2%), from €4,692 to €11,411
- Current portion of long-term debt +€3,764
new in 2024: €3,764
- Tax, wage and social debts +€3,612
up €3,612 (+31.8%), from €11,345 to €14,957
- Profit (loss) carried forward +€2,807
up €2,807 (+23.3%), from €12,055 to €14,862
- Gross operating margin -€9,954
down €9,954 (-45.4%), from €21,932 to €11,978
- Taxes -€2,483
down €2,483 (-39.6%), from €6,271 to €3,788
- Financial charges +€1,223
up €1,223 (+68.4%), from €1,787 to €3,010
of which Financial charges: +€1,227
- Financial income -€455
down €455 (-99.0%), from €460 to €4
of which Non-recurring financial income: -€459
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 | €30,592 | €63,938 | +€33,346 | +109.0% |
| Fixed assets | 21/28 | €10,173 | €6,806 | -€3,366 | -33.1% |
| Tangible fixed assets | 22/27 | €8,960 | €3,456 | -€5,503 | -61.4% |
| Furniture and vehicles | 24 | €8,137 | €2,799 | -€5,337 | -65.6% |
| Other tangible fixed assets | 26 | €823 | €657 | -€166 | -20.2% |
| Financial fixed assets | 28 | €1,213 | €3,350 | +€2,137 | +176.2% |
| Current assets | 29/58 | €20,420 | €57,132 | +€36,712 | +179.8% |
| Amounts receivable within one year | 40/41 | €518 | €44,148 | +€43,630 | +8426.4% |
| Trade receivables | 40 | - | €6,555 | +€6,555 | |
| Other amounts receivable | 41 | €518 | €37,593 | +€37,075 | +7160.4% |
| Cash at bank and in hand | 54/58 | €18,834 | €12,035 | -€6,799 | -36.1% |
| Deferred charges and accrued income | 490/1 | €1,068 | €948 | -€119 | -11.2% |
| Total equity and liabilities | 10/49 | €30,592 | €63,938 | +€33,346 | +109.0% |
| Equity | 10/15 | €14,555 | €17,362 | +€2,807 | +19.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,055 | €14,862 | +€2,807 | +23.3% |
| Amounts payable | 17/49 | €16,037 | €46,576 | +€30,539 | +190.4% |
| Amounts payable after more than one year | 17 | - | €16,444 | +€16,444 | |
| Financial debts | 170/4 | - | €16,444 | +€16,444 | |
| Amounts payable within one year | 42/48 | €16,037 | €30,131 | +€14,094 | +87.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,764 | +€3,764 | |
| Trade debts | 44 | €4,692 | €11,411 | +€6,719 | +143.2% |
| Suppliers | 440/4 | €4,692 | €11,411 | +€6,719 | +143.2% |
| Taxes, remuneration and social security | 45 | €11,345 | €14,957 | +€3,612 | +31.8% |
| Taxes | 450/3 | €11,345 | €14,957 | +€3,612 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,511 | €1,419 | -€92 | -6.1% |
| Other operating charges | 640/8 | €768 | €959 | +€190 | +24.8% |
| Gross operating margin | 9900 | €21,932 | €11,978 | -€9,954 | -45.4% |
| Operating profit (loss) | 9901 | €19,653 | €9,600 | -€10,053 | -51.2% |
| Financial income | 75/76B | €460 | €4 | -€455 | -99.0% |
| Recurring financial income | 75 | €1 | €4 | +€4 | +486.7% |
| Non-recurring financial income | 76B | €459 | - | -€459 | |
| Financial charges | 65/66B | €1,787 | €3,010 | +€1,223 | +68.4% |
| Recurring financial charges | 65 | €1,787 | €3,014 | +€1,227 | +68.7% |
| Non-recurring financial charges | 66B | - | -€5 | -€5 | |
| Profit (loss) for the period before taxes | 9903 | €18,326 | €6,595 | -€11,731 | -64.0% |
| Income taxes | 67/77 | €6,271 | €3,788 | -€2,483 | -39.6% |
| Profit (loss) for the period | 9904 | €12,055 | €2,807 | -€9,248 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,055 | €2,807 | -€9,248 | -76.7% |
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 4 October 2026 via checked.be.