Content: 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.
Content
Largest movements
- Receivables within one year +€46,176
up €46,176 (+8.7%), from €531,283 to €577,459
of which Other amounts receivable: +€28,026
- Tangible fixed assets +€31,152
new in 2024: €31,152
of which Furniture and vehicles: +€30,061
- Other debts +€66,752
up €66,752 (+1,192%), from €5,600 to €72,352
- Profit (loss) carried forward +€17,011
up €17,011 (+8.8%), from -€193,698 to -€176,687
- Gross operating margin +€34,370
up €34,370, from -€3,659 to €30,711
- Other operating charges +€4,416
up €4,416 (+2,464%), from €179 to €4,595
- Depreciation +€3,837
up €3,837 (+1,495%), from €257 to €4,093
- Financial charges +€3,415
up €3,415 (+243%), from €1,406 to €4,821
- Staff costs -€369
no longer reported in 2024 (was €369)
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 | €532,476 | €613,894 | +€81,418 | +15.3% |
| Fixed assets | 21/28 | - | €31,152 | +€31,152 | |
| Tangible fixed assets | 22/27 | - | €31,152 | +€31,152 | |
| Plant, machinery and equipment | 23 | - | €1,091 | +€1,091 | |
| Furniture and vehicles | 24 | - | €30,061 | +€30,061 | |
| Current assets | 29/58 | €532,476 | €582,742 | +€50,266 | +9.4% |
| Amounts receivable within one year | 40/41 | €531,283 | €577,459 | +€46,176 | +8.7% |
| Trade receivables | 40 | €148 | €18,298 | +€18,150 | +12,303% |
| Other amounts receivable | 41 | €531,135 | €559,161 | +€28,026 | +5.3% |
| Cash at bank and in hand | 54/58 | €150 | €2,093 | +€1,943 | +1,293% |
| Deferred charges and accrued income | 490/1 | €1,043 | €3,190 | +€2,147 | +206% |
| Total equity and liabilities | 10/49 | €532,476 | €613,894 | +€81,418 | +15.3% |
| Equity | 10/15 | €303,688 | €320,699 | +€17,011 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €478,786 | €478,786 | = | 0.0% |
| Tax-exempt reserves | 132 | €478,786 | €478,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,698 | -€176,687 | +€17,011 | +8.8% |
| Provisions and deferred taxes | 16 | €159,595 | €159,595 | = | 0.0% |
| Deferred taxes | 168 | €159,595 | €159,595 | = | 0.0% |
| Amounts payable | 17/49 | €69,192 | €133,599 | +€64,406 | +93.1% |
| Amounts payable within one year | 42/48 | €69,192 | €133,599 | +€64,406 | +93.1% |
| Trade debts | 44 | €63,592 | €60,491 | -€3,101 | -4.9% |
| Suppliers | 440/4 | €63,592 | €60,491 | -€3,101 | -4.9% |
| Taxes, remuneration and social security | 45 | - | €756 | +€756 | |
| Taxes | 450/3 | - | €194 | +€194 | |
| Remuneration and social security | 454/9 | - | €562 | +€562 | |
| Other amounts payable | 47/48 | €5,600 | €72,352 | +€66,752 | +1,192% |
| Remuneration, social security and pensions | 62 | €369 | - | -€369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €4,093 | +€3,837 | +1,495% |
| Other operating charges | 640/8 | €179 | €4,595 | +€4,416 | +2,464% |
| Gross operating margin | 9900 | -€3,659 | €30,711 | +€34,370 | |
| Operating profit (loss) | 9901 | -€4,464 | €22,022 | +€26,487 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,406 | €4,821 | +€3,415 | +243% |
| Recurring financial charges | 65 | €1,406 | €4,821 | +€3,415 | +243% |
| Profit (loss) for the period before taxes | 9903 | -€5,870 | €17,205 | +€23,075 | |
| Income taxes | 67/77 | - | €194 | +€194 | |
| Profit (loss) for the period | 9904 | -€5,870 | €17,011 | +€22,881 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,870 | €17,011 | +€22,881 |
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 18 October 2026 via checked.be.