Detail: 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.
Detail
Largest movements
- Stocks and contracts +€41,943
up €41,943 (+451.5%), from €9,289 to €51,232
- Receivables within one year +€18,523
up €18,523 (+6.1%), from €304,067 to €322,591
of which Trade receivables: +€18,523
- Other debts +€114,056
up €114,056 (+50.5%), from €225,684 to €339,740
- Profit (loss) carried forward -€69,189
down €69,189 (-36.8%), from -€188,011 to -€257,201
- Trade debts +€17,235
up €17,235 (+81.6%), from €21,117 to €38,352
- Tax, wage and social debts -€9,002
down €9,002 (-52.1%), from €17,285 to €8,283
of which Taxes: -€6,551
- Gross operating margin -€36,816
down €36,816, from €19,927 to -€16,890
- Staff costs -€4,674
down €4,674 (-13.5%), from €34,701 to €30,027
- Financial charges +€3,688
up €3,688 (+44.5%), from €8,282 to €11,970
- Other operating charges +€1,839
up €1,839 (+22.7%), from €8,094 to €9,932
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 | €339,748 | €396,287 | +€56,539 | +16.6% |
| Fixed assets | 21/28 | €22,001 | €21,250 | -€752 | -3.4% |
| Tangible fixed assets | 22/27 | €501 | €1,340 | +€838 | +167.2% |
| Plant, machinery and equipment | 23 | - | €1,089 | +€1,089 | |
| Other tangible fixed assets | 26 | €501 | €251 | -€251 | -50.0% |
| Financial fixed assets | 28 | €21,500 | €19,910 | -€1,590 | -7.4% |
| Current assets | 29/58 | €317,747 | €375,037 | +€57,291 | +18.0% |
| Stocks and contracts in progress | 3 | €9,289 | €51,232 | +€41,943 | +451.5% |
| Stocks | 30/36 | €9,289 | €51,232 | +€41,943 | +451.5% |
| Amounts receivable within one year | 40/41 | €304,067 | €322,591 | +€18,523 | +6.1% |
| Trade receivables | 40 | €116,933 | €135,456 | +€18,523 | +15.8% |
| Other amounts receivable | 41 | €187,135 | €187,135 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,390 | €435 | -€3,955 | -90.1% |
| Deferred charges and accrued income | 490/1 | - | €779 | +€779 | |
| Total equity and liabilities | 10/49 | €339,748 | €396,287 | +€56,539 | +16.6% |
| Equity | 10/15 | -€167,606 | -€236,796 | -€69,189 | -41.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188,011 | -€257,201 | -€69,189 | -36.8% |
| Amounts payable | 17/49 | €507,354 | €633,083 | +€125,728 | +24.8% |
| Amounts payable within one year | 42/48 | €507,354 | €633,083 | +€125,728 | +24.8% |
| Financial debts | 43 | €136,299 | €139,739 | +€3,440 | +2.5% |
| Credit institutions | 430/8 | €136,299 | €139,739 | +€3,440 | +2.5% |
| Trade debts | 44 | €21,117 | €38,352 | +€17,235 | +81.6% |
| Suppliers | 440/4 | €21,117 | €38,352 | +€17,235 | +81.6% |
| Advances received on contracts in progress | 46 | €106,969 | €106,969 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €17,285 | €8,283 | -€9,002 | -52.1% |
| Taxes | 450/3 | €13,010 | €6,458 | -€6,551 | -50.4% |
| Remuneration and social security | 454/9 | €4,276 | €1,825 | -€2,451 | -57.3% |
| Other amounts payable | 47/48 | €225,684 | €339,740 | +€114,056 | +50.5% |
| Remuneration, social security and pensions | 62 | €34,701 | €30,027 | -€4,674 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251 | €372 | +€121 | +48.3% |
| Other operating charges | 640/8 | €8,094 | €9,932 | +€1,839 | +22.7% |
| Gross operating margin | 9900 | €19,927 | -€16,890 | -€36,816 | |
| Operating profit (loss) | 9901 | -€23,119 | -€57,221 | -€34,102 | -147.5% |
| Financial income | 75/76B | €10 | €1 | -€8 | -84.9% |
| Recurring financial income | 75 | €10 | €1 | -€8 | -84.9% |
| Financial charges | 65/66B | €8,282 | €11,970 | +€3,688 | +44.5% |
| Recurring financial charges | 65 | €8,282 | €11,970 | +€3,688 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | -€31,391 | -€69,189 | -€37,799 | -120.4% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€31,391 | -€69,189 | -€37,799 | -120.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,391 | -€69,189 | -€37,799 | -120.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.