EXACTO: 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.
EXACTO
Largest movements
- Cash +€5,103
up €5,103 (+114.5%), from €4,457 to €9,560
mainly Current investments (+€4,997) and Depreciation (+€3,636)
- Current investments -€4,997
down €4,997 (-96.9%), from €5,157 to €160
- Tangible fixed assets -€3,636
down €3,636 (-29.0%), from €12,541 to €8,905
of which Plant, machinery and equipment: -€3,114
- Deferred charges and accrued income +€1,065
up €1,065 (+444.8%), from €239 to €1,304
- Stocks and contracts -€1,050
down €1,050 (-51.8%), from €2,027 to €977
- Tax, wage and social debts +€3,356
up €3,356 (+11.2%), from €29,919 to €33,274
of which Taxes: +€3,325
- Debts after one year -€3,127
down €3,127 (-34.3%), from €9,117 to €5,991
- Trade debts +€1,933
up €1,933 (+26.1%), from €7,403 to €9,336
- Accrued charges and deferred income -€1,700
no longer reported in 2024 (was €1,700)
- Profit (loss) carried forward -€1,559
down €1,559 (-5.7%), from -€27,478 to -€29,037
- Gross operating margin +€3,619
up €3,619 (+5.5%), from €65,556 to €69,174
- Depreciation -€2,685
down €2,685 (-42.5%), from €6,321 to €3,636
- Staff costs +€770
up €770 (+1.2%), from €65,920 to €66,690
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 | €57,772 | €55,157 | -€2,615 | -4.5% |
| Fixed assets | 21/28 | €13,701 | €10,065 | -€3,636 | -26.5% |
| Tangible fixed assets | 22/27 | €12,541 | €8,905 | -€3,636 | -29.0% |
| Plant, machinery and equipment | 23 | €11,542 | €8,429 | -€3,114 | -27.0% |
| Other tangible fixed assets | 26 | €998 | €476 | -€522 | -52.3% |
| Financial fixed assets | 28 | €1,160 | €1,160 | = | 0.0% |
| Current assets | 29/58 | €44,071 | €45,091 | +€1,021 | +2.3% |
| Stocks and contracts in progress | 3 | €2,027 | €977 | -€1,050 | -51.8% |
| Stocks | 30/36 | €2,027 | €977 | -€1,050 | -51.8% |
| Amounts receivable within one year | 40/41 | €32,191 | €33,091 | +€900 | +2.8% |
| Trade receivables | 40 | €32,191 | €33,091 | +€900 | +2.8% |
| Current investments | 50/53 | €5,157 | €160 | -€4,997 | -96.9% |
| Cash at bank and in hand | 54/58 | €4,457 | €9,560 | +€5,103 | +114.5% |
| Deferred charges and accrued income | 490/1 | €239 | €1,304 | +€1,065 | +444.8% |
| Total equity and liabilities | 10/49 | €57,772 | €55,157 | -€2,615 | -4.5% |
| Equity | 10/15 | €4,928 | €3,369 | -€1,559 | -31.6% |
| Contributions | 10/11 | €22,806 | €22,806 | = | 0.0% |
| Reserves | 13 | €9,600 | €9,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,281 | €2,281 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,281 | €2,281 | = | 0.0% |
| Distributable reserves | 133 | €7,319 | €7,319 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,478 | -€29,037 | -€1,559 | -5.7% |
| Amounts payable | 17/49 | €52,843 | €51,787 | -€1,056 | -2.0% |
| Amounts payable after more than one year | 17 | €9,117 | €5,991 | -€3,127 | -34.3% |
| Financial debts | 170/4 | €9,117 | €5,991 | -€3,127 | -34.3% |
| Amounts payable within one year | 42/48 | €42,026 | €45,797 | +€3,771 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €4,667 | €3,127 | -€1,540 | -33.0% |
| Trade debts | 44 | €7,403 | €9,336 | +€1,933 | +26.1% |
| Suppliers | 440/4 | €7,403 | €9,336 | +€1,933 | +26.1% |
| Advances received on contracts in progress | 46 | - | €18 | +€18 | |
| Taxes, remuneration and social security | 45 | €29,919 | €33,274 | +€3,356 | +11.2% |
| Taxes | 450/3 | €6,747 | €10,072 | +€3,325 | +49.3% |
| Remuneration and social security | 454/9 | €23,172 | €23,203 | +€31 | +0.1% |
| Other amounts payable | 47/48 | €37 | €42 | +€5 | +12.1% |
| Accrued charges and deferred income | 492/3 | €1,700 | - | -€1,700 | |
| Remuneration, social security and pensions | 62 | €65,920 | €66,690 | +€770 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,321 | €3,636 | -€2,685 | -42.5% |
| Other operating charges | 640/8 | €588 | €1,265 | +€677 | +115.2% |
| Gross operating margin | 9900 | €65,556 | €69,174 | +€3,619 | +5.5% |
| Operating profit (loss) | 9901 | -€7,273 | -€2,417 | +€4,857 | +66.8% |
| Financial income | 75/76B | €3,140 | €2,585 | -€555 | -17.7% |
| Recurring financial income | 75 | €347 | €42 | -€305 | -87.9% |
| Non-recurring financial income | 76B | €2,793 | €2,543 | -€250 | -9.0% |
| Financial charges | 65/66B | €1,247 | €1,322 | +€75 | +6.0% |
| Recurring financial charges | 65 | €1,247 | €1,244 | -€3 | -0.2% |
| Non-recurring financial charges | 66B | - | €78 | +€78 | |
| Profit (loss) for the period before taxes | 9903 | -€5,380 | -€1,154 | +€4,226 | +78.5% |
| Income taxes | 67/77 | €13 | €405 | +€392 | +2999.2% |
| Profit (loss) for the period | 9904 | -€5,393 | -€1,559 | +€3,834 | +71.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,393 | -€1,559 | +€3,834 | +71.1% |
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 2 October 2026 via checked.be.