Facet: 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.
Facet
Largest movements
- Receivables after one year +€43,895
up €43,895 (+104.5%), from €42,000 to €85,895
- Receivables within one year -€40,329
down €40,329 (-78.8%), from €51,162 to €10,833
of which Trade receivables: -€33,227
- Cash +€34,574
up €34,574 (+393.6%), from €8,783 to €43,357
mainly Other debts (+€122,333) and Net result for the year (+€41,140)
- Other debts +€122,333
up €122,333 (+1798.0%), from €6,804 to €129,137
- Profit (loss) carried forward -€79,912
down €79,912 (-62.8%), from €127,215 to €47,303
- Trade debts -€4,606
down €4,606 (-34.3%), from €13,411 to €8,805
- Taxes +€13,385
up €13,385 (+76.9%), from €17,407 to €30,792
- Gross operating margin +€2,658
up €2,658 (+4.0%), from €66,900 to €69,558
- Financial income +€1,537
up €1,537 (+129.5%), from €1,187 to €2,723
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 | €150,430 | €189,294 | +€38,865 | +25.8% |
| Fixed assets | 21/28 | €42,373 | €44,212 | +€1,839 | +4.3% |
| Tangible fixed assets | 22/27 | €553 | €2,392 | +€1,839 | +332.2% |
| Plant, machinery and equipment | 23 | €553 | €488 | -€65 | -11.8% |
| Furniture and vehicles | 24 | - | €1,904 | +€1,904 | |
| Financial fixed assets | 28 | €41,820 | €41,820 | = | 0.0% |
| Current assets | 29/58 | €108,056 | €145,082 | +€37,026 | +34.3% |
| Amounts receivable after more than one year | 29 | €42,000 | €85,895 | +€43,895 | +104.5% |
| Other amounts receivable | 291 | €42,000 | €85,895 | +€43,895 | +104.5% |
| Amounts receivable within one year | 40/41 | €51,162 | €10,833 | -€40,329 | -78.8% |
| Trade receivables | 40 | €33,297 | €70 | -€33,227 | -99.8% |
| Other amounts receivable | 41 | €17,864 | €10,763 | -€7,102 | -39.8% |
| Current investments | 50/53 | €4,961 | €4,961 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,783 | €43,357 | +€34,574 | +393.6% |
| Deferred charges and accrued income | 490/1 | €1,151 | €36 | -€1,115 | -96.9% |
| Total equity and liabilities | 10/49 | €150,430 | €189,294 | +€38,865 | +25.8% |
| Equity | 10/15 | €130,215 | €50,303 | -€79,912 | -61.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,215 | €47,303 | -€79,912 | -62.8% |
| Amounts payable | 17/49 | €20,215 | €138,992 | +€118,777 | +587.6% |
| Amounts payable within one year | 42/48 | €20,215 | €138,992 | +€118,777 | +587.6% |
| Trade debts | 44 | €13,411 | €8,805 | -€4,606 | -34.3% |
| Suppliers | 440/4 | €13,411 | €8,805 | -€4,606 | -34.3% |
| Taxes, remuneration and social security | 45 | - | €1,050 | +€1,050 | |
| Taxes | 450/3 | - | €1,050 | +€1,050 | |
| Other amounts payable | 47/48 | €6,804 | €129,137 | +€122,333 | +1798.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65 | €236 | +€171 | +261.8% |
| Other operating charges | 640/8 | €109 | - | -€109 | |
| Gross operating margin | 9900 | €66,900 | €69,558 | +€2,658 | +4.0% |
| Operating profit (loss) | 9901 | €66,726 | €69,323 | +€2,597 | +3.9% |
| Financial income | 75/76B | €1,187 | €2,723 | +€1,537 | +129.5% |
| Recurring financial income | 75 | €1,187 | €2,723 | +€1,537 | +129.5% |
| Financial charges | 65/66B | €598 | €114 | -€484 | -80.9% |
| Recurring financial charges | 65 | €598 | €114 | -€484 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | €67,314 | €71,932 | +€4,618 | +6.9% |
| Income taxes | 67/77 | €17,407 | €30,792 | +€13,385 | +76.9% |
| Profit (loss) for the period | 9904 | €49,907 | €41,140 | -€8,767 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,907 | €41,140 | -€8,767 | -17.6% |
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 29 September 2026 via checked.be.