Evidence: 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.
Evidence
Largest movements
- Cash -€12,071
down €12,071 (-36.6%), from €32,979 to €20,908
mainly Current portion of long-term debt (-€16,244) and Debts after one year (-€10,984)
- Stocks and contracts +€9,369
up €9,369 (+83.2%), from €11,262 to €20,631
- Tangible fixed assets -€5,426
down €5,426 (-14.5%), from €37,473 to €32,048
of which Plant, machinery and equipment: -€3,395
- Profit (loss) carried forward +€21,572
up €21,572 (+414%), from €5,213 to €26,786
- Current portion of long-term debt -€16,244
down €16,244 (-59.7%), from €27,228 to €10,984
- Debts after one year -€10,984
down €10,984 (-36.9%), from €29,784 to €18,800
- Other debts -€3,001
down €3,001 (-59.5%), from €5,042 to €2,041
- Accrued charges and deferred income +€1,291
up €1,291 (+97.1%), from €1,330 to €2,621
- Gross operating margin +€17,489
up €17,489 (+97.7%), from €17,892 to €35,381
- Depreciation -€2,920
down €2,920 (-26.2%), from €11,146 to €8,226
- Financial charges -€1,990
down €1,990 (-37.2%), from €5,355 to €3,365
- Other operating charges -€1,623
down €1,623 (-53.0%), from €3,063 to €1,441
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 | €84,698 | €75,493 | -€9,205 | -10.9% |
| Fixed assets | 21/28 | €37,973 | €32,548 | -€5,426 | -14.3% |
| Tangible fixed assets | 22/27 | €37,473 | €32,048 | -€5,426 | -14.5% |
| Plant, machinery and equipment | 23 | €15,558 | €12,164 | -€3,395 | -21.8% |
| Other tangible fixed assets | 26 | €21,915 | €19,884 | -€2,031 | -9.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €46,725 | €42,945 | -€3,780 | -8.1% |
| Stocks and contracts in progress | 3 | €11,262 | €20,631 | +€9,369 | +83.2% |
| Stocks | 30/36 | €11,262 | €20,631 | +€9,369 | +83.2% |
| Amounts receivable within one year | 40/41 | €1,137 | €827 | -€310 | -27.3% |
| Other amounts receivable | 41 | €1,137 | €827 | -€310 | -27.3% |
| Cash at bank and in hand | 54/58 | €32,979 | €20,908 | -€12,071 | -36.6% |
| Deferred charges and accrued income | 490/1 | €1,347 | €579 | -€769 | -57.1% |
| Total equity and liabilities | 10/49 | €84,698 | €75,493 | -€9,205 | -10.9% |
| Equity | 10/15 | €13,273 | €34,846 | +€21,572 | +163% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,213 | €26,786 | +€21,572 | +414% |
| Amounts payable | 17/49 | €71,425 | €40,647 | -€30,778 | -43.1% |
| Amounts payable after more than one year | 17 | €29,784 | €18,800 | -€10,984 | -36.9% |
| Financial debts | 170/4 | €29,784 | €18,800 | -€10,984 | -36.9% |
| Amounts payable within one year | 42/48 | €40,311 | €19,226 | -€21,085 | -52.3% |
| Current portion of amounts payable after more than one year | 42 | €27,228 | €10,984 | -€16,244 | -59.7% |
| Trade debts | 44 | €2,474 | €1,270 | -€1,204 | -48.7% |
| Suppliers | 440/4 | €2,474 | €1,270 | -€1,204 | -48.7% |
| Taxes, remuneration and social security | 45 | €5,567 | €4,931 | -€635 | -11.4% |
| Taxes | 450/3 | €5,567 | €4,931 | -€635 | -11.4% |
| Other amounts payable | 47/48 | €5,042 | €2,041 | -€3,001 | -59.5% |
| Accrued charges and deferred income | 492/3 | €1,330 | €2,621 | +€1,291 | +97.1% |
| Non-recurring operating income | 76A | - | €159 | +€159 | |
| Remuneration, social security and pensions | 62 | - | €4 | +€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,146 | €8,226 | -€2,920 | -26.2% |
| Other operating charges | 640/8 | €3,063 | €1,441 | -€1,623 | -53.0% |
| Non-recurring operating charges | 66A | - | €819 | +€819 | |
| Gross operating margin | 9900 | €17,892 | €35,381 | +€17,489 | +97.7% |
| Operating profit (loss) | 9901 | €3,683 | €24,891 | +€21,208 | +576% |
| Financial income | 75/76B | €12 | €46 | +€35 | +296% |
| Recurring financial income | 75 | €12 | €46 | +€35 | +296% |
| Financial charges | 65/66B | €5,355 | €3,365 | -€1,990 | -37.2% |
| Recurring financial charges | 65 | €5,355 | €3,365 | -€1,990 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,660 | €21,572 | +€23,232 | |
| Profit (loss) for the period | 9904 | -€1,660 | €21,572 | +€23,232 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,660 | €21,572 | +€23,232 |
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 14 October 2026 via checked.be.