E & A: 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.
E & A
Largest movements
- Cash -€105,408
down €105,408 (-82.9%), from €127,120 to €21,712
mainly Receivables within one year (-€47,156) and Trade debts (-€32,836)
- Receivables within one year +€47,156
up €47,156 (+305%), from €15,475 to €62,631
of which Trade receivables: +€38,545
- Tangible fixed assets +€7,678
up €7,678 (+94.2%), from €8,152 to €15,829
of which Furniture and vehicles: +€6,638
- Trade debts -€32,836
no longer reported in 2024 (was €32,836)
- Tax, wage and social debts -€24,679
down €24,679 (-53.7%), from €45,953 to €21,274
of which Taxes: -€19,091
- Other debts +€5,887
up €5,887 (+117%), from €5,051 to €10,938
- Profit (loss) carried forward +€2,613
up €2,613 (+4.0%), from €64,859 to €67,472
- Staff costs -€19,518
no longer reported in 2024 (was €19,518)
- Gross operating margin -€16,230
down €16,230 (-63.2%), from €25,673 to €9,443
- Depreciation +€1,307
up €1,307 (+33.7%), from €3,877 to €5,184
- Other operating charges -€592
down €592 (-38.4%), from €1,540 to €948
- Taxes +€416
up €416 (+173%), from €240 to €656
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 | €150,755 | €101,684 | -€49,071 | -32.6% |
| Fixed assets | 21/28 | €8,152 | €15,829 | +€7,678 | +94.2% |
| Tangible fixed assets | 22/27 | €8,152 | €15,829 | +€7,678 | +94.2% |
| Land and buildings | 22 | - | €877 | +€877 | |
| Plant, machinery and equipment | 23 | €1,815 | €1,978 | +€163 | +9.0% |
| Furniture and vehicles | 24 | €6,337 | €12,975 | +€6,638 | +105% |
| Current assets | 29/58 | €142,603 | €85,855 | -€56,749 | -39.8% |
| Amounts receivable within one year | 40/41 | €15,475 | €62,631 | +€47,156 | +305% |
| Trade receivables | 40 | €10,780 | €49,325 | +€38,545 | +358% |
| Other amounts receivable | 41 | €4,695 | €13,306 | +€8,611 | +183% |
| Cash at bank and in hand | 54/58 | €127,120 | €21,712 | -€105,408 | -82.9% |
| Deferred charges and accrued income | 490/1 | €8 | €1,512 | +€1,504 | +19,037% |
| Total equity and liabilities | 10/49 | €150,755 | €101,684 | -€49,071 | -32.6% |
| Equity | 10/15 | €66,859 | €69,472 | +€2,613 | +3.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,859 | €67,472 | +€2,613 | +4.0% |
| Amounts payable | 17/49 | €83,896 | €32,212 | -€51,683 | -61.6% |
| Amounts payable within one year | 42/48 | €83,840 | €32,212 | -€51,627 | -61.6% |
| Trade debts | 44 | €32,836 | - | -€32,836 | |
| Suppliers | 440/4 | €32,836 | - | -€32,836 | |
| Taxes, remuneration and social security | 45 | €45,953 | €21,274 | -€24,679 | -53.7% |
| Taxes | 450/3 | €20,340 | €1,249 | -€19,091 | -93.9% |
| Remuneration and social security | 454/9 | €25,613 | €20,025 | -€5,588 | -21.8% |
| Other amounts payable | 47/48 | €5,051 | €10,938 | +€5,887 | +117% |
| Accrued charges and deferred income | 492/3 | €56 | - | -€56 | |
| Remuneration, social security and pensions | 62 | €19,518 | - | -€19,518 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,877 | €5,184 | +€1,307 | +33.7% |
| Other operating charges | 640/8 | €1,540 | €948 | -€592 | -38.4% |
| Gross operating margin | 9900 | €25,673 | €9,443 | -€16,230 | -63.2% |
| Operating profit (loss) | 9901 | €738 | €3,310 | +€2,572 | +348% |
| Financial income | 75/76B | €3 | €3 | -€1 | -21.8% |
| Recurring financial income | 75 | €3 | €3 | -€1 | -21.8% |
| Financial charges | 65/66B | €167 | €44 | -€123 | -73.6% |
| Recurring financial charges | 65 | €167 | €44 | -€123 | -73.6% |
| Profit (loss) for the period before taxes | 9903 | €574 | €3,269 | +€2,694 | +469% |
| Income taxes | 67/77 | €240 | €656 | +€416 | +173% |
| Profit (loss) for the period | 9904 | €334 | €2,613 | +€2,278 | +681% |
| Profit (loss) for the period to be appropriated | 9905 | €334 | €2,613 | +€2,278 | +681% |
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 17 October 2026 via checked.be.