EVENT COMMUNICATION: 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.
EVENT COMMUNICATION
Largest movements
- Receivables within one year +€122,134
up €122,134 (+28.5%), from €428,895 to €551,028
of which Trade receivables: +€65,091
- Stocks and contracts +€23,000
new in 2024: €23,000
- Tangible fixed assets +€16,582
up €16,582 (+22.3%), from €74,444 to €91,025
of which Furniture and vehicles: +€16,218
- Cash -€10,583
down €10,583 (-10.0%), from €105,363 to €94,780
mainly Receivables within one year (-€122,134) and Investment in fixed assets (net) (-€46,688)
- Deferred charges and accrued income -€10,386
down €10,386 (-19.6%), from €53,010 to €42,624
- Short-term financial debts +€95,000
up €95,000, from €0 to €95,000
- Accrued charges and deferred income +€73,013
up €73,013 (+78,865%), from €93 to €73,106
- Profit (loss) carried forward -€15,628
down €15,628, from €0 to -€15,628
- Tax, wage and social debts -€14,027
down €14,027 (-15.5%), from €90,493 to €76,466
of which Taxes: -€9,043
- Debts after one year +€12,792
up €12,792 (+79.5%), from €16,089 to €28,881
- Gross operating margin -€56,149
down €56,149 (-20.4%), from €274,602 to €218,453
- Taxes -€14,453
down €14,453 (-77.5%), from €18,652 to €4,199
- Depreciation +€10,672
up €10,672 (+52.7%), from €20,267 to €30,939
- Staff costs -€9,876
down €9,876 (-5.0%), from €195,883 to €186,006
- Write-downs +€4,728
new in 2024: €4,728
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 | €689,506 | €829,418 | +€139,912 | +20.3% |
| Fixed assets | 21/28 | €102,238 | €117,986 | +€15,748 | +15.4% |
| Intangible fixed assets | 21 | €1,244 | €411 | -€833 | -67.0% |
| Tangible fixed assets | 22/27 | €74,444 | €91,025 | +€16,582 | +22.3% |
| Plant, machinery and equipment | 23 | €419 | €1,527 | +€1,108 | +264% |
| Furniture and vehicles | 24 | €58,638 | €74,856 | +€16,218 | +27.7% |
| Other tangible fixed assets | 26 | €15,386 | €14,642 | -€744 | -4.8% |
| Financial fixed assets | 28 | €26,550 | €26,550 | = | 0.0% |
| Current assets | 29/58 | €587,268 | €711,432 | +€124,164 | +21.1% |
| Stocks and contracts in progress | 3 | - | €23,000 | +€23,000 | |
| Contracts in progress | 37 | - | €23,000 | +€23,000 | |
| Amounts receivable within one year | 40/41 | €428,895 | €551,028 | +€122,134 | +28.5% |
| Trade receivables | 40 | €323,328 | €388,418 | +€65,091 | +20.1% |
| Other amounts receivable | 41 | €105,567 | €162,610 | +€57,043 | +54.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €105,363 | €94,780 | -€10,583 | -10.0% |
| Deferred charges and accrued income | 490/1 | €53,010 | €42,624 | -€10,386 | -19.6% |
| Total equity and liabilities | 10/49 | €689,506 | €829,418 | +€139,912 | +20.3% |
| Equity | 10/15 | €187,556 | €171,927 | -€15,628 | -8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €168,956 | €168,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €150,206 | €150,206 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€15,628 | -€15,628 | |
| Provisions and deferred taxes | 16 | €14,080 | €14,080 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €14,080 | €14,080 | = | 0.0% |
| Other liabilities and charges | 164/5 | €14,080 | €14,080 | = | 0.0% |
| Amounts payable | 17/49 | €487,870 | €643,411 | +€155,541 | +31.9% |
| Amounts payable after more than one year | 17 | €16,089 | €28,881 | +€12,792 | +79.5% |
| Financial debts | 170/4 | €16,089 | €28,881 | +€12,792 | +79.5% |
| Amounts payable within one year | 42/48 | €471,689 | €541,424 | +€69,735 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €21,569 | €20,068 | -€1,501 | -7.0% |
| Financial debts | 43 | €0 | €95,000 | +€95,000 | |
| Credit institutions | 430/8 | €0 | €95,000 | +€95,000 | |
| Trade debts | 44 | €347,807 | €341,656 | -€6,151 | -1.8% |
| Suppliers | 440/4 | €347,807 | €341,656 | -€6,151 | -1.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €90,493 | €76,466 | -€14,027 | -15.5% |
| Taxes | 450/3 | €57,243 | €48,200 | -€9,043 | -15.8% |
| Remuneration and social security | 454/9 | €33,250 | €28,266 | -€4,983 | -15.0% |
| Other amounts payable | 47/48 | €11,821 | €8,235 | -€3,587 | -30.3% |
| Accrued charges and deferred income | 492/3 | €93 | €73,106 | +€73,013 | +78,865% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €195,883 | €186,006 | -€9,876 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,267 | €30,939 | +€10,672 | +52.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,728 | +€4,728 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €2,947 | €3,972 | +€1,025 | +34.8% |
| Gross operating margin | 9900 | €274,602 | €218,453 | -€56,149 | -20.4% |
| Operating profit (loss) | 9901 | €55,505 | -€7,192 | -€62,698 | |
| Financial income | 75/76B | €3,639 | €4,894 | +€1,255 | +34.5% |
| Recurring financial income | 75 | €3,639 | €4,894 | +€1,255 | +34.5% |
| Financial charges | 65/66B | €8,254 | €9,130 | +€876 | +10.6% |
| Recurring financial charges | 65 | €8,254 | €9,130 | +€876 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €50,890 | -€11,429 | -€62,319 | |
| Income taxes | 67/77 | €18,652 | €4,199 | -€14,453 | -77.5% |
| Profit (loss) for the period | 9904 | €32,237 | -€15,628 | -€47,866 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,237 | -€15,628 | -€47,866 |
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 21 October 2026 via checked.be.