DELIVERY BOX: 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.
DELIVERY BOX
Largest movements
- Receivables within one year -€58,632
down €58,632 (-30.8%), from €190,446 to €131,815
of which Trade receivables: -€58,600
- Stocks and contracts -€9,313
down €9,313 (-68.2%), from €13,662 to €4,349
- Cash +€3,478
up €3,478 (+34.5%), from €10,090 to €13,569
mainly Receivables within one year (+€58,632) and Net result for the year (+€33,935)
- Trade debts -€103,486
down €103,486 (-50.6%), from €204,550 to €101,064
- Profit (loss) carried forward +€33,935
up €33,935 (+95.2%), from -€35,639 to -€1,704
- Short-term financial debts -€25,502
down €25,502 (-67.1%), from €38,000 to €12,498
- Other debts +€17,772
up €17,772 (+222%), from €8,000 to €25,772
- Tax, wage and social debts +€13,269
up €13,269 (+105%), from €12,664 to €25,932
- Gross operating margin +€107,292
up €107,292, from -€4,876 to €102,416
- Other operating charges +€28,908
up €28,908 (+335%), from €8,633 to €37,541
- Taxes +€19,159
up €19,159 (+409%), from €4,683 to €23,842
- Financial charges -€6,709
down €6,709 (-64.7%), from €10,373 to €3,664
- Financial income -€2,978
down €2,978 (-99.0%), from €3,008 to €30
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 | €235,635 | €171,622 | -€64,013 | -27.2% |
| Fixed assets | 21/28 | €19,506 | €21,075 | +€1,569 | +8.0% |
| Tangible fixed assets | 22/27 | €2,996 | €4,565 | +€1,569 | +52.4% |
| Furniture and vehicles | 24 | €2,395 | €4,331 | +€1,936 | +80.8% |
| Other tangible fixed assets | 26 | €601 | €234 | -€366 | -61.0% |
| Financial fixed assets | 28 | €16,510 | €16,510 | = | 0.0% |
| Current assets | 29/58 | €216,129 | €150,547 | -€65,582 | -30.3% |
| Stocks and contracts in progress | 3 | €13,662 | €4,349 | -€9,313 | -68.2% |
| Stocks | 30/36 | €13,662 | €4,349 | -€9,313 | -68.2% |
| Amounts receivable within one year | 40/41 | €190,446 | €131,815 | -€58,632 | -30.8% |
| Trade receivables | 40 | €172,555 | €113,955 | -€58,600 | -34.0% |
| Other amounts receivable | 41 | €17,891 | €17,860 | -€31 | -0.2% |
| Cash at bank and in hand | 54/58 | €10,090 | €13,569 | +€3,478 | +34.5% |
| Deferred charges and accrued income | 490/1 | €1,930 | €815 | -€1,115 | -57.8% |
| Total equity and liabilities | 10/49 | €235,635 | €171,622 | -€64,013 | -27.2% |
| Equity | 10/15 | -€27,579 | €6,356 | +€33,935 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,639 | -€1,704 | +€33,935 | +95.2% |
| Amounts payable | 17/49 | €263,214 | €165,266 | -€97,948 | -37.2% |
| Amounts payable within one year | 42/48 | €263,214 | €165,266 | -€97,948 | -37.2% |
| Financial debts | 43 | €38,000 | €12,498 | -€25,502 | -67.1% |
| Credit institutions | 430/8 | €38,000 | €12,498 | -€25,502 | -67.1% |
| Trade debts | 44 | €204,550 | €101,064 | -€103,486 | -50.6% |
| Suppliers | 440/4 | €204,550 | €101,064 | -€103,486 | -50.6% |
| Taxes, remuneration and social security | 45 | €12,664 | €25,932 | +€13,269 | +105% |
| Taxes | 450/3 | €12,664 | €25,932 | +€13,269 | +105% |
| Other amounts payable | 47/48 | €8,000 | €25,772 | +€17,772 | +222% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,541 | €3,379 | -€162 | -4.6% |
| Other operating charges | 640/8 | €8,633 | €37,541 | +€28,908 | +335% |
| Non-recurring operating charges | 66A | - | €84 | +€84 | |
| Gross operating margin | 9900 | -€4,876 | €102,416 | +€107,292 | |
| Operating profit (loss) | 9901 | -€17,051 | €61,411 | +€78,462 | |
| Financial income | 75/76B | €3,008 | €30 | -€2,978 | -99.0% |
| Recurring financial income | 75 | €3,008 | €30 | -€2,978 | -99.0% |
| Financial charges | 65/66B | €10,373 | €3,664 | -€6,709 | -64.7% |
| Recurring financial charges | 65 | €10,373 | €3,664 | -€6,709 | -64.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,416 | €57,777 | +€82,193 | |
| Income taxes | 67/77 | €4,683 | €23,842 | +€19,159 | +409% |
| Profit (loss) for the period | 9904 | -€29,099 | €33,935 | +€63,034 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,099 | €33,935 | +€63,034 |
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 14 October 2026 via checked.be.