EASY LOCATION: 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.
EASY LOCATION
Largest movements
- Stocks and contracts +€230,597
up €230,597 (+70.6%), from €326,729 to €557,326
- Receivables within one year +€199,756
up €199,756 (+25.3%), from €790,398 to €990,154
of which Trade receivables: +€198,313
- Advances received +€211,260
up €211,260 (+29.2%), from €723,110 to €934,370
- Profit (loss) carried forward +€96,642
up €96,642 (+1265.3%), from €7,638 to €104,280
- Trade debts +€74,133
up €74,133 (+21.4%), from €345,763 to €419,896
- Other debts +€47,099
up €47,099 (+146.6%), from €32,132 to €79,231
- Turnover +€444,854
new in 2024: €444,854
- Purchases and services +€336,515
new in 2024: €336,515
- Gross operating margin +€57,343
up €57,343 (+135.0%), from €42,464 to €99,807
- Staff costs -€24,758
down €24,758 (-99.3%), from €24,926 to €168
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 | €1,120,878 | €1,548,549 | +€427,671 | +38.2% |
| Fixed assets | 21/28 | €250 | €250 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €1,120,628 | €1,548,299 | +€427,671 | +38.2% |
| Stocks and contracts in progress | 3 | €326,729 | €557,326 | +€230,597 | +70.6% |
| Stocks | 30/36 | €326,729 | €557,326 | +€230,597 | +70.6% |
| Amounts receivable within one year | 40/41 | €790,398 | €990,154 | +€199,756 | +25.3% |
| Trade receivables | 40 | €789,112 | €987,425 | +€198,313 | +25.1% |
| Other amounts receivable | 41 | €1,286 | €2,729 | +€1,443 | +112.2% |
| Cash at bank and in hand | 54/58 | €3,501 | €819 | -€2,682 | -76.6% |
| Total equity and liabilities | 10/49 | €1,120,878 | €1,548,549 | +€427,671 | +38.2% |
| Equity | 10/15 | €14,854 | €111,496 | +€96,642 | +650.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Outside capital | 11 | - | €6,000 | +€6,000 | |
| Share premium | 1100/10 | - | €6,000 | +€6,000 | |
| Reserves | 13 | €1,216 | €1,216 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,216 | - | -€1,216 | |
| Own shares acquired | 1312 | €1,216 | - | -€1,216 | |
| Tax-exempt reserves | 132 | - | €1,216 | +€1,216 | |
| Profit (loss) carried forward | 14 | €7,638 | €104,280 | +€96,642 | +1265.3% |
| Amounts payable | 17/49 | €1,106,025 | €1,437,054 | +€331,029 | +29.9% |
| Amounts payable within one year | 42/48 | €1,106,024 | €1,437,053 | +€331,029 | +29.9% |
| Trade debts | 44 | €345,763 | €419,896 | +€74,133 | +21.4% |
| Suppliers | 440/4 | €345,763 | €419,896 | +€74,133 | +21.4% |
| Advances received on contracts in progress | 46 | €723,110 | €934,370 | +€211,260 | +29.2% |
| Taxes, remuneration and social security | 45 | €5,020 | €3,556 | -€1,463 | -29.2% |
| Taxes | 450/3 | €1,269 | €2,488 | +€1,219 | +96.1% |
| Remuneration and social security | 454/9 | €3,751 | €1,068 | -€2,683 | -71.5% |
| Other amounts payable | 47/48 | €32,132 | €79,231 | +€47,099 | +146.6% |
| Accrued charges and deferred income | 492/3 | €1 | €1 | = | 0.0% |
| Turnover | 70 | - | €444,854 | +€444,854 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €336,515 | +€336,515 | |
| Remuneration, social security and pensions | 62 | €24,926 | €168 | -€24,758 | -99.3% |
| Other operating charges | 640/8 | €1,316 | €387 | -€929 | -70.6% |
| Non-recurring operating charges | 66A | €16,393 | €2,493 | -€13,900 | -84.8% |
| Gross operating margin | 9900 | €42,464 | €99,807 | +€57,343 | +135.0% |
| Operating profit (loss) | 9901 | -€171 | €96,759 | +€96,930 | |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.4% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.4% |
| Financial charges | 65/66B | €665 | €117 | -€548 | -82.4% |
| Recurring financial charges | 65 | €665 | €117 | -€548 | -82.4% |
| Profit (loss) for the period before taxes | 9903 | -€831 | €96,642 | +€97,473 | |
| Profit (loss) for the period | 9904 | -€831 | €96,642 | +€97,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€831 | €96,642 | +€97,473 |
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 6 October 2026 via checked.be.