CROSSWORD: 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.
CROSSWORD
Largest movements
- Receivables within one year +€1,588
up €1,588 (+24.2%), from €6,568 to €8,156
of which Trade receivables: +€1,703
- Tangible fixed assets -€175
down €175 (-60.1%), from €291 to €116
- Other debts +€47,694
new in 2024: €47,694
- Tax, wage and social debts -€47,466
down €47,466 (-99.9%), from €47,491 to €25
of which Remuneration and social security: -€47,466
- Profit (loss) carried forward +€9,456
up €9,456 (+13.3%), from -€71,238 to -€61,782
- Short-term financial debts -€7,007
down €7,007 (-59.0%), from €11,873 to €4,866
- Trade debts -€1,243
down €1,243 (-24.3%), from €5,120 to €3,877
- Gross operating margin +€6,347
up €6,347 (+101.9%), from €6,226 to €12,573
- Other operating charges -€261
down €261 (-23.5%), from €1,113 to €852
- Financial charges -€137
down €137 (-6.5%), from €2,096 to €1,959
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 | €7,500 | €8,934 | +€1,434 | +19.1% |
| Fixed assets | 21/28 | €291 | €116 | -€175 | -60.1% |
| Tangible fixed assets | 22/27 | €291 | €116 | -€175 | -60.1% |
| Furniture and vehicles | 24 | €291 | €116 | -€175 | -60.1% |
| Current assets | 29/58 | €7,209 | €8,818 | +€1,609 | +22.3% |
| Amounts receivable within one year | 40/41 | €6,568 | €8,156 | +€1,588 | +24.2% |
| Trade receivables | 40 | €6,364 | €8,067 | +€1,703 | +26.8% |
| Other amounts receivable | 41 | €204 | €89 | -€115 | -56.4% |
| Cash at bank and in hand | 54/58 | €38 | €25 | -€13 | -34.2% |
| Deferred charges and accrued income | 490/1 | €603 | €637 | +€34 | +5.6% |
| Total equity and liabilities | 10/49 | €7,500 | €8,934 | +€1,434 | +19.1% |
| Equity | 10/15 | -€56,984 | -€47,528 | +€9,456 | +16.6% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,238 | -€61,782 | +€9,456 | +13.3% |
| Amounts payable | 17/49 | €64,484 | €56,462 | -€8,022 | -12.4% |
| Amounts payable within one year | 42/48 | €64,484 | €56,462 | -€8,022 | -12.4% |
| Financial debts | 43 | €11,873 | €4,866 | -€7,007 | -59.0% |
| Credit institutions | 430/8 | €11,873 | €4,866 | -€7,007 | -59.0% |
| Trade debts | 44 | €5,120 | €3,877 | -€1,243 | -24.3% |
| Suppliers | 440/4 | €5,120 | €3,877 | -€1,243 | -24.3% |
| Taxes, remuneration and social security | 45 | €47,491 | €25 | -€47,466 | -99.9% |
| Taxes | 450/3 | €25 | €25 | = | 0.0% |
| Remuneration and social security | 454/9 | €47,466 | - | -€47,466 | |
| Other amounts payable | 47/48 | - | €47,694 | +€47,694 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174 | €175 | +€1 | +0.6% |
| Other operating charges | 640/8 | €1,113 | €852 | -€261 | -23.5% |
| Gross operating margin | 9900 | €6,226 | €12,573 | +€6,347 | +101.9% |
| Operating profit (loss) | 9901 | €4,939 | €11,546 | +€6,607 | +133.8% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €2,096 | €1,959 | -€137 | -6.5% |
| Recurring financial charges | 65 | €2,096 | €1,959 | -€137 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €2,853 | €9,587 | +€6,734 | +236.0% |
| Income taxes | 67/77 | €237 | €131 | -€106 | -44.7% |
| Profit (loss) for the period | 9904 | €2,616 | €9,456 | +€6,840 | +261.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,616 | €9,456 | +€6,840 | +261.5% |
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 7 October 2026 via checked.be.