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CONTRIBUTUM: 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.

What changed

CONTRIBUTUM

BE 0836.068.635
NACE 69.201, Certified accountants and tax accountants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€37,952
2023 · €54,398-€16,446
Equity
€275,991
2023 · €238,039+€37,952
Cash
€215,043
2023 · €220,456-€5,412
Balance sheet total
€359,360
2023 · €361,148-€1,789

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€11,280

    up €11,280 (+154.1%), from €7,321 to €18,602

    of which Other amounts receivable: +€6,040

  • Tangible fixed assets -€7,709

    down €7,709 (-5.9%), from €131,230 to €123,520

    of which Furniture and vehicles: -€7,709

  • Cash -€5,412

    down €5,412 (-2.5%), from €220,456 to €215,043

    mainly Debts after one year (-€20,362) and Other debts (-€11,721)

Equity and liabilities
  • Reserves +€37,952

    up €37,952 (+16.0%), from €237,039 to €274,991

  • Debts after one year -€20,362

    down €20,362 (-28.5%), from €71,493 to €51,131

  • Other debts -€11,721

    no longer reported in 2024 (was €11,721)

  • Trade debts -€4,587

    down €4,587 (-90.1%), from €5,092 to €505

Income statement
  • Depreciation +€7,783

    up €7,783 (+349.7%), from €2,226 to €10,009

  • Gross operating margin -€5,970

    down €5,970 (-7.7%), from €77,278 to €71,308

  • Taxes +€2,439

    up €2,439 (+13.8%), from €17,644 to €20,083

  • Financial charges +€992

    up €992 (+63.4%), from €1,564 to €2,556

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €54,398
Gross operating margin -€5,970
Depreciation -€7,783
Other operating charges +€610
Financial income +€127
Financial charges -€992
Taxes -€2,439
Result 2024 €37,952

Cash bridge derived

cash 2023 to 2024

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.

From operations +€16,732
Investment -€2,300
Financing -€19,844
Cash 2023 €220,456
Net result for the year +€37,952
Depreciation +€10,009
Receivables within one year -€11,280
Smaller working-capital items -€72
Trade debts -€4,587
Tax, wage and social debts -€3,570
Other debts -€11,721
Investment in fixed assets (net) -€2,300
Debts after one year -€20,362
Current portion of long-term debt +€519
Cash 2024 €215,043
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €361,148 €359,360 -€1,789 -0.5%
Fixed assets 21/28 €131,230 €123,520 -€7,709 -5.9%
Tangible fixed assets 22/27 €131,230 €123,520 -€7,709 -5.9%
Land and buildings 22 €82,500 €82,500 = 0.0%
Furniture and vehicles 24 €46,130 €38,420 -€7,709 -16.7%
Other tangible fixed assets 26 €2,600 €2,600 = 0.0%
Current assets 29/58 €229,919 €235,839 +€5,920 +2.6%
Amounts receivable within one year 40/41 €7,321 €18,602 +€11,280 +154.1%
Trade receivables 40 €7,260 €12,500 +€5,240 +72.2%
Other amounts receivable 41 €61 €6,102 +€6,040 +9824.4%
Cash at bank and in hand 54/58 €220,456 €215,043 -€5,412 -2.5%
Deferred charges and accrued income 490/1 €2,142 €2,194 +€53 +2.5%
Total equity and liabilities 10/49 €361,148 €359,360 -€1,789 -0.5%
Equity 10/15 €238,039 €275,991 +€37,952 +15.9%
Contributions 10/11 €1,000 €1,000 = 0.0%
Reserves 13 €237,039 €274,991 +€37,952 +16.0%
Distributable reserves 133 €237,039 €274,991 +€37,952 +16.0%
Amounts payable 17/49 €123,109 €83,368 -€39,741 -32.3%
Amounts payable after more than one year 17 €71,493 €51,131 -€20,362 -28.5%
Financial debts 170/4 €71,493 €51,131 -€20,362 -28.5%
Amounts payable within one year 42/48 €48,392 €29,033 -€19,359 -40.0%
Current portion of amounts payable after more than one year 42 €19,844 €20,362 +€519 +2.6%
Trade debts 44 €5,092 €505 -€4,587 -90.1%
Suppliers 440/4 €5,092 €505 -€4,587 -90.1%
Taxes, remuneration and social security 45 €11,736 €8,165 -€3,570 -30.4%
Taxes 450/3 €11,736 €8,165 -€3,570 -30.4%
Other amounts payable 47/48 €11,721 - -€11,721
Accrued charges and deferred income 492/3 €3,224 €3,204 -€20 -0.6%
Non-recurring operating income 76A €3,776 - -€3,776
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,226 €10,009 +€7,783 +349.7%
Other operating charges 640/8 €1,520 €909 -€610 -40.2%
Gross operating margin 9900 €77,278 €71,308 -€5,970 -7.7%
Operating profit (loss) 9901 €73,532 €60,390 -€13,143 -17.9%
Financial income 75/76B €74 €201 +€127 +172.2%
Recurring financial income 75 €74 €201 +€127 +172.2%
Financial charges 65/66B €1,564 €2,556 +€992 +63.4%
Recurring financial charges 65 €1,564 €2,556 +€992 +63.4%
Profit (loss) for the period before taxes 9903 €72,042 €58,035 -€14,007 -19.4%
Income taxes 67/77 €17,644 €20,083 +€2,439 +13.8%
Profit (loss) for the period 9904 €54,398 €37,952 -€16,446 -30.2%
Profit (loss) for the period to be appropriated 9905 €54,398 €37,952 -€16,446 -30.2%

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 28 September 2026 via checked.be.