CREDIT CONTROL MANAGEMENT: 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.
CREDIT CONTROL MANAGEMENT
Largest movements
- Receivables within one year +€15,038
up €15,038 (+82.6%), from €18,212 to €33,250
of which Trade receivables: +€15,516
- Tangible fixed assets -€14,153
down €14,153 (-8.0%), from €176,775 to €162,622
of which Leasing and similar rights: -€15,500
- Cash +€3,959
up €3,959 (+5.4%), from €73,605 to €77,564
mainly Net result for the year (+€30,423) and Depreciation (+€28,090)
- Debts after one year -€31,699
down €31,699 (-30.0%), from €105,808 to €74,109
- Profit (loss) carried forward +€17,592
up €17,592, from -€17,592 to €0
- Reserves +€12,031
new in 2024: €12,031
- Other debts +€4,839
up €4,839 (+4.9%), from €98,146 to €102,985
- Tax, wage and social debts +€3,488
up €3,488 (+45.3%), from €7,699 to €11,188
of which Taxes: +€4,638
- Gross operating margin +€51,895
up €51,895 (+244%), from €21,237 to €73,132
- Taxes +€8,387
up €8,387 (+3,031%), from €277 to €8,664
- Depreciation -€2,031
down €2,031 (-6.7%), from €30,122 to €28,090
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 | €274,428 | €279,853 | +€5,425 | +2.0% |
| Fixed assets | 21/28 | €176,837 | €162,684 | -€14,153 | -8.0% |
| Tangible fixed assets | 22/27 | €176,775 | €162,622 | -€14,153 | -8.0% |
| Land and buildings | 22 | - | €13,765 | +€13,765 | |
| Plant, machinery and equipment | 23 | €882 | €215 | -€667 | -75.7% |
| Furniture and vehicles | 24 | €20,892 | €9,142 | -€11,750 | -56.2% |
| Leasing and similar rights | 25 | €155,000 | €139,500 | -€15,500 | -10.0% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €97,591 | €117,169 | +€19,577 | +20.1% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,212 | €33,250 | +€15,038 | +82.6% |
| Trade receivables | 40 | €16,751 | €32,267 | +€15,516 | +92.6% |
| Other amounts receivable | 41 | €1,461 | €983 | -€478 | -32.7% |
| Cash at bank and in hand | 54/58 | €73,605 | €77,564 | +€3,959 | +5.4% |
| Deferred charges and accrued income | 490/1 | €775 | €1,355 | +€580 | +74.9% |
| Total equity and liabilities | 10/49 | €274,428 | €279,853 | +€5,425 | +2.0% |
| Equity | 10/15 | €1,008 | €30,631 | +€29,623 | +2,938% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €12,031 | +€12,031 | |
| Distributable reserves | 133 | - | €12,031 | +€12,031 | |
| Profit (loss) carried forward | 14 | -€17,592 | €0 | +€17,592 | |
| Amounts payable | 17/49 | €273,420 | €249,222 | -€24,198 | -8.9% |
| Amounts payable after more than one year | 17 | €105,808 | €74,109 | -€31,699 | -30.0% |
| Financial debts | 170/4 | €105,808 | €74,109 | -€31,699 | -30.0% |
| Amounts payable within one year | 42/48 | €164,543 | €175,113 | +€10,570 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €32,781 | €33,497 | +€715 | +2.2% |
| Trade debts | 44 | €25,916 | €27,444 | +€1,528 | +5.9% |
| Suppliers | 440/4 | €25,916 | €27,444 | +€1,528 | +5.9% |
| Taxes, remuneration and social security | 45 | €7,699 | €11,188 | +€3,488 | +45.3% |
| Taxes | 450/3 | €6,549 | €11,188 | +€4,638 | +70.8% |
| Remuneration and social security | 454/9 | €1,150 | €0 | -€1,150 | -100% |
| Other amounts payable | 47/48 | €98,146 | €102,985 | +€4,839 | +4.9% |
| Accrued charges and deferred income | 492/3 | €3,070 | €0 | -€3,070 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,122 | €28,090 | -€2,031 | -6.7% |
| Other operating charges | 640/8 | €1,260 | €1,649 | +€389 | +30.9% |
| Gross operating margin | 9900 | €21,237 | €73,132 | +€51,895 | +244% |
| Operating profit (loss) | 9901 | -€10,144 | €43,393 | +€53,538 | |
| Financial income | 75/76B | €0 | €17 | +€17 | |
| Recurring financial income | 75 | €0 | €17 | +€17 | |
| Financial charges | 65/66B | €4,503 | €4,323 | -€180 | -4.0% |
| Recurring financial charges | 65 | €4,503 | €4,323 | -€180 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,647 | €39,087 | +€53,734 | |
| Income taxes | 67/77 | €277 | €8,664 | +€8,387 | +3,031% |
| Profit (loss) for the period | 9904 | -€14,924 | €30,423 | +€45,347 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,924 | €30,423 | +€45,347 |
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 29 October 2026 via checked.be.