E-COM BUSINESS: 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-COM BUSINESS
Largest movements
- Receivables within one year +€37,241
up €37,241 (+59.4%), from €62,737 to €99,978
of which Other amounts receivable: +€25,351
- Tangible fixed assets -€9,366
down €9,366 (-51.9%), from €18,032 to €8,667
of which Furniture and vehicles: -€6,543
- Trade debts +€117,379
up €117,379 (+6021.2%), from €1,949 to €119,328
- Profit (loss) carried forward -€93,322
down €93,322, from €12,511 to -€80,810
- Short-term financial debts +€24,506
up €24,506 (+245.8%), from €9,968 to €34,474
- Tax, wage and social debts -€19,297
down €19,297 (-39.6%), from €48,775 to €29,478
of which Taxes: -€22,075
- Gross operating margin -€65,725
down €65,725 (-87.4%), from €75,190 to €9,464
- Staff costs +€24,939
up €24,939 (+39.6%), from €63,054 to €87,994
- Taxes -€4,960
no longer reported in 2024 (was €4,960)
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 | €82,994 | €112,260 | +€29,266 | +35.3% |
| Fixed assets | 21/28 | €19,632 | €10,267 | -€9,366 | -47.7% |
| Tangible fixed assets | 22/27 | €18,032 | €8,667 | -€9,366 | -51.9% |
| Plant, machinery and equipment | 23 | €7,550 | €4,727 | -€2,822 | -37.4% |
| Furniture and vehicles | 24 | €10,483 | €3,940 | -€6,543 | -62.4% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €63,362 | €101,993 | +€38,632 | +61.0% |
| Amounts receivable within one year | 40/41 | €62,737 | €99,978 | +€37,241 | +59.4% |
| Trade receivables | 40 | €42,607 | €54,497 | +€11,890 | +27.9% |
| Other amounts receivable | 41 | €20,130 | €45,481 | +€25,351 | +125.9% |
| Cash at bank and in hand | 54/58 | €0 | €1,091 | +€1,091 | |
| Deferred charges and accrued income | 490/1 | €625 | €925 | +€300 | +48.0% |
| Total equity and liabilities | 10/49 | €82,994 | €112,260 | +€29,266 | +35.3% |
| Equity | 10/15 | €22,301 | -€71,020 | -€93,322 | |
| Contributions | 10/11 | €8,790 | €8,790 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,511 | -€80,810 | -€93,322 | |
| Amounts payable | 17/49 | €60,693 | €183,280 | +€122,588 | +202.0% |
| Amounts payable within one year | 42/48 | €60,693 | €183,280 | +€122,588 | +202.0% |
| Financial debts | 43 | €9,968 | €34,474 | +€24,506 | +245.8% |
| Credit institutions | 430/8 | €9,968 | €34,474 | +€24,506 | +245.8% |
| Trade debts | 44 | €1,949 | €119,328 | +€117,379 | +6021.2% |
| Suppliers | 440/4 | €1,949 | €119,328 | +€117,379 | +6021.2% |
| Taxes, remuneration and social security | 45 | €48,775 | €29,478 | -€19,297 | -39.6% |
| Taxes | 450/3 | €33,827 | €11,752 | -€22,075 | -65.3% |
| Remuneration and social security | 454/9 | €14,948 | €17,726 | +€2,778 | +18.6% |
| Non-recurring operating income | 76A | €515 | - | -€515 | |
| Remuneration, social security and pensions | 62 | €63,054 | €87,994 | +€24,939 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,115 | €9,366 | +€251 | +2.7% |
| Other operating charges | 640/8 | €928 | €1,627 | +€699 | +75.4% |
| Non-recurring operating charges | 66A | €948 | €1,158 | +€210 | +22.2% |
| Gross operating margin | 9900 | €75,190 | €9,464 | -€65,725 | -87.4% |
| Operating profit (loss) | 9901 | €1,145 | -€90,680 | -€91,825 | |
| Financial income | 75/76B | - | €434 | +€434 | |
| Recurring financial income | 75 | - | €434 | +€434 | |
| Non-recurring financial income | 76B | - | €434 | +€434 | |
| Financial charges | 65/66B | €3,375 | €3,076 | -€298 | -8.8% |
| Recurring financial charges | 65 | €3,375 | €3,076 | -€298 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,230 | -€93,322 | -€91,092 | -4085.4% |
| Income taxes | 67/77 | €4,960 | - | -€4,960 | |
| Profit (loss) for the period | 9904 | -€7,190 | -€93,322 | -€86,132 | -1198.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,190 | -€93,322 | -€86,132 | -1198.0% |
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 11 October 2026 via checked.be.