DOUBLE 8: 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.
DOUBLE 8
Largest movements
- Stocks and contracts -€252,730
down €252,730 (-100.0%), from €252,730 to €0
- Cash +€179,346
up €179,346 (+1664.1%), from €10,777 to €190,123
mainly Stocks and contracts (+€252,730) and Other debts (+€86,078)
- Receivables within one year +€70,132
up €70,132 (+280.3%), from €25,022 to €95,154
of which Other amounts receivable: +€67,412
- Current investments -€7,118
down €7,118 (-71.2%), from €10,000 to €2,882
- Other debts +€86,078
up €86,078 (+165.5%), from €52,024 to €138,102
- Reserves -€37,013
down €37,013 (-100.0%), from €37,013 to €0
of which Distributable reserves: -€37,013
- Profit (loss) carried forward -€29,280
down €29,280 (-100.0%), from €29,280 to €0
- Debts after one year -€11,639
down €11,639 (-9.5%), from €123,126 to €111,487
- Short-term financial debts -€8,428
down €8,428 (-98.3%), from €8,576 to €149
- Gross operating margin +€41,214
up €41,214 (+75.2%), from €54,817 to €96,031
- Financial income +€6,545
up €6,545 (+696285.1%), from €1 to €6,546
- Taxes +€4,951
up €4,951 (+33.4%), from €14,821 to €19,773
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 | €308,408 | €298,110 | -€10,298 | -3.3% |
| Fixed assets | 21/28 | €7,659 | €5,532 | -€2,128 | -27.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €7,659 | €5,532 | -€2,128 | -27.8% |
| Furniture and vehicles | 24 | €7,659 | €5,532 | -€2,128 | -27.8% |
| Current assets | 29/58 | €300,748 | €292,578 | -€8,170 | -2.7% |
| Stocks and contracts in progress | 3 | €252,730 | €0 | -€252,730 | -100.0% |
| Stocks | 30/36 | €252,730 | €0 | -€252,730 | -100.0% |
| Amounts receivable within one year | 40/41 | €25,022 | €95,154 | +€70,132 | +280.3% |
| Trade receivables | 40 | €25,022 | €27,742 | +€2,721 | +10.9% |
| Other amounts receivable | 41 | €0 | €67,412 | +€67,412 | |
| Current investments | 50/53 | €10,000 | €2,882 | -€7,118 | -71.2% |
| Cash at bank and in hand | 54/58 | €10,777 | €190,123 | +€179,346 | +1664.1% |
| Deferred charges and accrued income | 490/1 | €2,219 | €4,419 | +€2,200 | +99.1% |
| Total equity and liabilities | 10/49 | €308,408 | €298,110 | -€10,298 | -3.3% |
| Equity | 10/15 | €84,843 | €18,550 | -€66,293 | -78.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €37,013 | €0 | -€37,013 | -100.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €37,013 | €0 | -€37,013 | -100.0% |
| Profit (loss) carried forward | 14 | €29,280 | €0 | -€29,280 | -100.0% |
| Amounts payable | 17/49 | €223,565 | €279,560 | +€55,995 | +25.0% |
| Amounts payable after more than one year | 17 | €123,126 | €111,487 | -€11,639 | -9.5% |
| Financial debts | 170/4 | €123,126 | €111,487 | -€11,639 | -9.5% |
| Amounts payable within one year | 42/48 | €100,435 | €167,602 | +€67,168 | +66.9% |
| Current portion of amounts payable after more than one year | 42 | €17,302 | €12,937 | -€4,365 | -25.2% |
| Financial debts | 43 | €8,576 | €149 | -€8,428 | -98.3% |
| Credit institutions | 430/8 | €8,576 | €149 | -€8,428 | -98.3% |
| Trade debts | 44 | €4,971 | €3,436 | -€1,535 | -30.9% |
| Suppliers | 440/4 | €4,971 | €3,436 | -€1,535 | -30.9% |
| Taxes, remuneration and social security | 45 | €17,561 | €12,978 | -€4,583 | -26.1% |
| Taxes | 450/3 | €15,645 | €12,978 | -€2,666 | -17.0% |
| Remuneration and social security | 454/9 | €1,916 | €0 | -€1,916 | -100.0% |
| Other amounts payable | 47/48 | €52,024 | €138,102 | +€86,078 | +165.5% |
| Accrued charges and deferred income | 492/3 | €4 | €470 | +€467 | +12789.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,290 | €4,528 | +€238 | +5.5% |
| Other operating charges | 640/8 | €1,979 | €1,750 | -€229 | -11.6% |
| Gross operating margin | 9900 | €54,817 | €96,031 | +€41,214 | +75.2% |
| Operating profit (loss) | 9901 | €48,548 | €89,753 | +€41,205 | +84.9% |
| Financial income | 75/76B | €1 | €6,546 | +€6,545 | +696285.1% |
| Recurring financial income | 75 | €1 | €6,546 | +€6,545 | +696285.1% |
| Financial charges | 65/66B | €4,448 | €4,718 | +€269 | +6.1% |
| Recurring financial charges | 65 | €4,448 | €4,718 | +€269 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €44,101 | €91,582 | +€47,481 | +107.7% |
| Income taxes | 67/77 | €14,821 | €19,773 | +€4,951 | +33.4% |
| Profit (loss) for the period | 9904 | €29,280 | €71,809 | +€42,530 | +145.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,280 | €71,809 | +€42,530 | +145.3% |
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 2 October 2026 via checked.be.