COSTIMULUS: 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.
COSTIMULUS
Largest movements
- Receivables within one year +€1,034
up €1,034 (+132.7%), from €779 to €1,813
of which Trade receivables: +€1,032
- Cash +€682
up €682 (+4.1%), from €16,560 to €17,243
mainly Net result for the year (+€4,308) and Other debts (+€2,837)
- Deferred charges and accrued income -€283
down €283 (-14.4%), from €1,965 to €1,683
- Tax, wage and social debts -€2,906
down €2,906 (-61.2%), from €4,746 to €1,840
- Other debts +€2,837
up €2,837 (+626.2%), from €453 to €3,290
- Reserves +€1,101
up €1,101 (+11.7%), from €9,438 to €10,539
of which Distributable reserves: +€1,101
- Trade debts +€250
up €250 (+54.2%), from €461 to €711
- Gross operating margin -€2,686
down €2,686 (-25.5%), from €10,544 to €7,858
- Taxes -€771
down €771 (-24.2%), from €3,179 to €2,408
- Financial income -€180
down €180 (-78.4%), from €229 to €49
- Depreciation -€117
down €117 (-36.8%), from €316 to €200
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 | €21,316 | €22,599 | +€1,282 | +6.0% |
| Fixed assets | 21/28 | €792 | €592 | -€200 | -25.2% |
| Tangible fixed assets | 22/27 | €792 | €592 | -€200 | -25.2% |
| Furniture and vehicles | 24 | €792 | €592 | -€200 | -25.2% |
| Current assets | 29/58 | €20,525 | €22,007 | +€1,482 | +7.2% |
| Amounts receivable after more than one year | 29 | €1,220 | €1,269 | +€49 | +4.0% |
| Other amounts receivable | 291 | €1,220 | €1,269 | +€49 | +4.0% |
| Amounts receivable within one year | 40/41 | €779 | €1,813 | +€1,034 | +132.7% |
| Trade receivables | 40 | €779 | €1,811 | +€1,032 | +132.5% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €16,560 | €17,243 | +€682 | +4.1% |
| Deferred charges and accrued income | 490/1 | €1,965 | €1,683 | -€283 | -14.4% |
| Total equity and liabilities | 10/49 | €21,316 | €22,599 | +€1,282 | +6.0% |
| Equity | 10/15 | €15,638 | €16,739 | +€1,101 | +7.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €9,438 | €10,539 | +€1,101 | +11.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €7,578 | €8,679 | +€1,101 | +14.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €5,679 | €5,860 | +€181 | +3.2% |
| Amounts payable within one year | 42/48 | €5,679 | €5,860 | +€181 | +3.2% |
| Financial debts | 43 | €19 | €19 | +€0 | +1.8% |
| Credit institutions | 430/8 | €19 | €19 | +€0 | +1.8% |
| Trade debts | 44 | €461 | €711 | +€250 | +54.2% |
| Suppliers | 440/4 | €461 | €711 | +€250 | +54.2% |
| Taxes, remuneration and social security | 45 | €4,746 | €1,840 | -€2,906 | -61.2% |
| Taxes | 450/3 | €4,746 | €1,840 | -€2,906 | -61.2% |
| Other amounts payable | 47/48 | €453 | €3,290 | +€2,837 | +626.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316 | €200 | -€117 | -36.8% |
| Other operating charges | 640/8 | €785 | €812 | +€27 | +3.4% |
| Gross operating margin | 9900 | €10,544 | €7,858 | -€2,686 | -25.5% |
| Operating profit (loss) | 9901 | €9,443 | €6,847 | -€2,596 | -27.5% |
| Financial income | 75/76B | €229 | €49 | -€180 | -78.4% |
| Recurring financial income | 75 | €229 | €49 | -€180 | -78.4% |
| Financial charges | 65/66B | €114 | €180 | +€66 | +58.5% |
| Recurring financial charges | 65 | €114 | €180 | +€66 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €9,558 | €6,716 | -€2,842 | -29.7% |
| Income taxes | 67/77 | €3,179 | €2,408 | -€771 | -24.2% |
| Profit (loss) for the period | 9904 | €6,379 | €4,308 | -€2,071 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,379 | €4,308 | -€2,071 | -32.5% |
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 3 October 2026 via checked.be.