CONTRAST.: 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.
CONTRAST.
Largest movements
- Receivables within one year -€43,649
down €43,649 (-84.9%), from €51,417 to €7,768
of which Trade receivables: -€43,083
- Deferred charges and accrued income +€24,773
up €24,773 (+185.8%), from €13,331 to €38,104
- Tangible fixed assets -€13,237
down €13,237 (-30.0%), from €44,088 to €30,851
of which Furniture and vehicles: -€7,907
- Cash +€7,596
up €7,596 (+54.0%), from €14,062 to €21,658
mainly Receivables within one year (+€43,649) and Net result for the year (+€20,960)
- Trade debts -€27,296
down €27,296 (-82.0%), from €33,297 to €6,002
- Profit (loss) carried forward +€20,960
up €20,960 (+57.8%), from €36,253 to €57,213
- Tax, wage and social debts -€7,146
down €7,146 (-45.8%), from €15,603 to €8,457
of which Taxes: -€4,616
- Debts after one year -€5,994
down €5,994 (-25.1%), from €23,875 to €17,881
- Other debts -€5,589
down €5,589 (-52.2%), from €10,716 to €5,127
- Gross operating margin +€26,994
up €26,994 (+148.9%), from €18,133 to €45,128
- Taxes +€6,578
up €6,578 (+1925.5%), from €342 to €6,920
- Staff costs -€693
no longer reported in 2024 (was €693)
- Depreciation +€640
up €640 (+4.4%), from €14,456 to €15,096
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 | €128,930 | €104,065 | -€24,866 | -19.3% |
| Fixed assets | 21/28 | €45,844 | €32,607 | -€13,237 | -28.9% |
| Tangible fixed assets | 22/27 | €44,088 | €30,851 | -€13,237 | -30.0% |
| Plant, machinery and equipment | 23 | €672 | €2,401 | +€1,729 | +257.2% |
| Furniture and vehicles | 24 | €14,891 | €6,984 | -€7,907 | -53.1% |
| Leasing and similar rights | 25 | €28,525 | €21,466 | -€7,059 | -24.7% |
| Financial fixed assets | 28 | €1,756 | €1,756 | = | 0.0% |
| Current assets | 29/58 | €83,086 | €71,458 | -€11,629 | -14.0% |
| Stocks and contracts in progress | 3 | €4,277 | €3,928 | -€349 | -8.2% |
| Stocks | 30/36 | €4,277 | €3,928 | -€349 | -8.2% |
| Amounts receivable within one year | 40/41 | €51,417 | €7,768 | -€43,649 | -84.9% |
| Trade receivables | 40 | €50,831 | €7,748 | -€43,083 | -84.8% |
| Other amounts receivable | 41 | €586 | €20 | -€566 | -96.6% |
| Cash at bank and in hand | 54/58 | €14,062 | €21,658 | +€7,596 | +54.0% |
| Deferred charges and accrued income | 490/1 | €13,331 | €38,104 | +€24,773 | +185.8% |
| Total equity and liabilities | 10/49 | €128,930 | €104,065 | -€24,866 | -19.3% |
| Equity | 10/15 | €39,253 | €60,213 | +€20,960 | +53.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,253 | €57,213 | +€20,960 | +57.8% |
| Amounts payable | 17/49 | €89,677 | €43,852 | -€45,825 | -51.1% |
| Amounts payable after more than one year | 17 | €23,875 | €17,881 | -€5,994 | -25.1% |
| Financial debts | 170/4 | €23,875 | €17,881 | -€5,994 | -25.1% |
| Amounts payable within one year | 42/48 | €65,418 | €25,580 | -€39,839 | -60.9% |
| Current portion of amounts payable after more than one year | 42 | €5,802 | €5,994 | +€191 | +3.3% |
| Trade debts | 44 | €33,297 | €6,002 | -€27,296 | -82.0% |
| Suppliers | 440/4 | €33,297 | €6,002 | -€27,296 | -82.0% |
| Taxes, remuneration and social security | 45 | €15,603 | €8,457 | -€7,146 | -45.8% |
| Taxes | 450/3 | €12,400 | €7,784 | -€4,616 | -37.2% |
| Remuneration and social security | 454/9 | €3,203 | €673 | -€2,530 | -79.0% |
| Other amounts payable | 47/48 | €10,716 | €5,127 | -€5,589 | -52.2% |
| Accrued charges and deferred income | 492/3 | €384 | €391 | +€7 | +1.8% |
| Non-recurring operating income | 76A | - | €828 | +€828 | |
| Remuneration, social security and pensions | 62 | €693 | - | -€693 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,456 | €15,096 | +€640 | +4.4% |
| Other operating charges | 640/8 | €833 | €820 | -€13 | -1.5% |
| Non-recurring operating charges | 66A | €180 | €108 | -€72 | -40.0% |
| Gross operating margin | 9900 | €18,133 | €45,128 | +€26,994 | +148.9% |
| Operating profit (loss) | 9901 | €1,971 | €29,103 | +€27,132 | +1376.4% |
| Financial income | 75/76B | €43 | €28 | -€15 | -34.7% |
| Recurring financial income | 75 | €43 | €28 | -€15 | -34.7% |
| Financial charges | 65/66B | €1,276 | €1,252 | -€24 | -1.9% |
| Recurring financial charges | 65 | €1,276 | €1,252 | -€24 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €738 | €27,879 | +€27,141 | +3678.0% |
| Income taxes | 67/77 | €342 | €6,920 | +€6,578 | +1925.5% |
| Profit (loss) for the period | 9904 | €396 | €20,960 | +€20,563 | +5188.8% |
| Profit (loss) for the period to be appropriated | 9905 | €396 | €20,960 | +€20,563 | +5188.8% |
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 1 October 2026 via checked.be.