CRAFTED SIGNALS: 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.
CRAFTED SIGNALS
Largest movements
- Cash -€14,391
down €14,391 (-33.2%), from €43,335 to €28,944
mainly Receivables within one year (-€9,718) and Tax, wage and social debts (-€6,239)
- Receivables within one year +€9,718
up €9,718 (+73.6%), from €13,197 to €22,916
of which Other amounts receivable: +€8,050
- Tangible fixed assets +€3,445
up €3,445 (+68.6%), from €5,023 to €8,468
of which Plant, machinery and equipment: +€4,321
- Formation expenses -€761
down €761 (-100%), from €761 to €0
- Tax, wage and social debts -€6,239
down €6,239 (-36.3%), from €17,176 to €10,938
of which Taxes: -€6,207
- Profit (loss) carried forward +€4,626
new in 2024: €4,626
- Gross operating margin -€46,071
down €46,071 (-76.4%), from €60,312 to €14,240
- Taxes -€13,336
down €13,336 (-85.1%), from €15,662 to €2,326
- Financial charges +€2,292
up €2,292 (+2,512%), from €91 to €2,383
- Other operating charges +€1,298
up €1,298 (+623%), from €208 to €1,506
- Depreciation -€1,143
down €1,143 (-24.8%), from €4,599 to €3,457
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 | €62,727 | €61,270 | -€1,457 | -2.3% |
| Formation expenses | 20 | €761 | €0 | -€761 | -100% |
| Fixed assets | 21/28 | €5,023 | €8,468 | +€3,445 | +68.6% |
| Tangible fixed assets | 22/27 | €5,023 | €8,468 | +€3,445 | +68.6% |
| Plant, machinery and equipment | 23 | - | €4,321 | +€4,321 | |
| Furniture and vehicles | 24 | €5,023 | €4,147 | -€876 | -17.4% |
| Current assets | 29/58 | €56,943 | €52,802 | -€4,141 | -7.3% |
| Amounts receivable within one year | 40/41 | €13,197 | €22,916 | +€9,718 | +73.6% |
| Trade receivables | 40 | €13,197 | €14,866 | +€1,668 | +12.6% |
| Other amounts receivable | 41 | - | €8,050 | +€8,050 | |
| Cash at bank and in hand | 54/58 | €43,335 | €28,944 | -€14,391 | -33.2% |
| Deferred charges and accrued income | 490/1 | €411 | €942 | +€531 | +129% |
| Total equity and liabilities | 10/49 | €62,727 | €61,270 | -€1,457 | -2.3% |
| Equity | 10/15 | €44,851 | €49,478 | +€4,626 | +10.3% |
| Contributions | 10/11 | €5,100 | €5,100 | = | 0.0% |
| Reserves | 13 | €39,751 | €39,751 | = | 0.0% |
| Distributable reserves | 133 | €39,751 | €39,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,626 | +€4,626 | |
| Amounts payable | 17/49 | €17,876 | €11,792 | -€6,083 | -34.0% |
| Amounts payable within one year | 42/48 | €17,876 | €11,792 | -€6,083 | -34.0% |
| Trade debts | 44 | €563 | €457 | -€106 | -18.8% |
| Suppliers | 440/4 | €563 | €457 | -€106 | -18.8% |
| Taxes, remuneration and social security | 45 | €17,176 | €10,938 | -€6,239 | -36.3% |
| Taxes | 450/3 | €17,016 | €10,810 | -€6,207 | -36.5% |
| Remuneration and social security | 454/9 | €160 | €128 | -€32 | -20.0% |
| Other amounts payable | 47/48 | €136 | €398 | +€261 | +192% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,599 | €3,457 | -€1,143 | -24.8% |
| Other operating charges | 640/8 | €208 | €1,506 | +€1,298 | +623% |
| Gross operating margin | 9900 | €60,312 | €14,240 | -€46,071 | -76.4% |
| Operating profit (loss) | 9901 | €55,504 | €9,278 | -€46,226 | -83.3% |
| Financial income | 75/76B | €0 | €58 | +€58 | +82,543% |
| Recurring financial income | 75 | €0 | €58 | +€58 | +82,543% |
| Financial charges | 65/66B | €91 | €2,383 | +€2,292 | +2,512% |
| Recurring financial charges | 65 | €91 | €2,383 | +€2,292 | +2,512% |
| Profit (loss) for the period before taxes | 9903 | €55,413 | €6,952 | -€48,461 | -87.5% |
| Income taxes | 67/77 | €15,662 | €2,326 | -€13,336 | -85.1% |
| Profit (loss) for the period | 9904 | €39,751 | €4,626 | -€35,125 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,751 | €4,626 | -€35,125 | -88.4% |
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 24 October 2026 via checked.be.