Coreline: 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.
Coreline
Largest movements
- Tangible fixed assets +€11,092
up €11,092, from €0 to €11,092
- Cash +€9,203
up €9,203 (+124%), from €7,435 to €16,638
mainly Trade debts (+€74,140) and Other debts (+€14,978)
- Receivables within one year +€7,615
up €7,615 (+66.0%), from €11,533 to €19,148
of which Trade receivables: +€10,151
- Trade debts +€74,140
up €74,140 (+268%), from €27,613 to €101,753
- Profit (loss) carried forward -€61,197
down €61,197 (-461%), from -€13,288 to -€74,486
- Other debts +€14,978
new in 2024: €14,978
- Gross operating margin -€49,684
down €49,684 (-629%), from -€7,899 to -€57,582
- Depreciation +€3,298
new in 2024: €3,298
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 | €20,419 | €48,340 | +€27,921 | +137% |
| Fixed assets | 21/28 | €1,450 | €12,542 | +€11,092 | +765% |
| Tangible fixed assets | 22/27 | €0 | €11,092 | +€11,092 | |
| Furniture and vehicles | 24 | €0 | €11,092 | +€11,092 | |
| Financial fixed assets | 28 | €1,450 | €1,450 | = | 0.0% |
| Current assets | 29/58 | €18,969 | €35,798 | +€16,829 | +88.7% |
| Amounts receivable within one year | 40/41 | €11,533 | €19,148 | +€7,615 | +66.0% |
| Trade receivables | 40 | €582 | €10,733 | +€10,151 | +1,744% |
| Other amounts receivable | 41 | €10,951 | €8,415 | -€2,536 | -23.2% |
| Cash at bank and in hand | 54/58 | €7,435 | €16,638 | +€9,203 | +124% |
| Deferred charges and accrued income | 490/1 | - | €11 | +€11 | |
| Total equity and liabilities | 10/49 | €20,419 | €48,340 | +€27,921 | +137% |
| Equity | 10/15 | -€9,288 | -€70,486 | -€61,197 | -659% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,288 | -€74,486 | -€61,197 | -461% |
| Amounts payable | 17/49 | €29,707 | €118,825 | +€89,118 | +300% |
| Amounts payable within one year | 42/48 | €29,707 | €118,825 | +€89,118 | +300% |
| Trade debts | 44 | €27,613 | €101,753 | +€74,140 | +268% |
| Suppliers | 440/4 | €27,613 | €101,753 | +€74,140 | +268% |
| Taxes, remuneration and social security | 45 | €2,094 | €2,094 | = | 0.0% |
| Taxes | 450/3 | €2,094 | €2,094 | = | 0.0% |
| Other amounts payable | 47/48 | - | €14,978 | +€14,978 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,298 | +€3,298 | |
| Other operating charges | 640/8 | €139 | €200 | +€61 | +43.9% |
| Gross operating margin | 9900 | -€7,899 | -€57,582 | -€49,684 | -629% |
| Operating profit (loss) | 9901 | -€8,038 | -€61,080 | -€53,042 | -660% |
| Financial charges | 65/66B | €539 | €117 | -€422 | -78.3% |
| Recurring financial charges | 65 | €539 | €117 | -€422 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,577 | -€61,197 | -€52,620 | -614% |
| Profit (loss) for the period | 9904 | -€8,577 | -€61,197 | -€52,620 | -614% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,577 | -€61,197 | -€52,620 | -614% |
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 17 October 2026 via checked.be.