FALLOW: 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.
FALLOW
Largest movements
- Cash +€120,315
up €120,315 (+165.2%), from €72,848 to €193,163
mainly Net result for the year (+€75,577) and Trade debts (+€66,576)
- Receivables within one year +€30,151
up €30,151 (+13.7%), from €220,479 to €250,630
of which Trade receivables: +€19,707
- Profit (loss) carried forward +€75,577
up €75,577 (+52.3%), from €144,503 to €220,080
- Trade debts +€66,576
up €66,576 (+57.6%), from €115,646 to €182,222
- Accrued charges and deferred income +€8,379
up €8,379, from €0 to €8,379
- Gross operating margin -€1,980
down €1,980 (-2.0%), from €99,270 to €97,290
- Taxes +€1,539
up €1,539 (+8.8%), from €17,550 to €19,089
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 | €302,141 | €452,674 | +€150,533 | +49.8% |
| Fixed assets | 21/28 | €6,414 | €6,324 | -€90 | -1.4% |
| Tangible fixed assets | 22/27 | €3,066 | €2,977 | -€90 | -2.9% |
| Plant, machinery and equipment | 23 | €1,486 | €364 | -€1,122 | -75.5% |
| Furniture and vehicles | 24 | €1,580 | €2,613 | +€1,033 | +65.3% |
| Financial fixed assets | 28 | €3,348 | €3,348 | = | 0.0% |
| Current assets | 29/58 | €295,727 | €446,350 | +€150,623 | +50.9% |
| Amounts receivable within one year | 40/41 | €220,479 | €250,630 | +€30,151 | +13.7% |
| Trade receivables | 40 | €220,479 | €240,186 | +€19,707 | +8.9% |
| Other amounts receivable | 41 | - | €10,445 | +€10,445 | |
| Cash at bank and in hand | 54/58 | €72,848 | €193,163 | +€120,315 | +165.2% |
| Deferred charges and accrued income | 490/1 | €2,400 | €2,556 | +€157 | +6.5% |
| Total equity and liabilities | 10/49 | €302,141 | €452,674 | +€150,533 | +49.8% |
| Equity | 10/15 | €147,003 | €222,580 | +€75,577 | +51.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,503 | €220,080 | +€75,577 | +52.3% |
| Amounts payable | 17/49 | €155,138 | €230,094 | +€74,957 | +48.3% |
| Amounts payable within one year | 42/48 | €155,138 | €221,716 | +€66,578 | +42.9% |
| Trade debts | 44 | €115,646 | €182,222 | +€66,576 | +57.6% |
| Suppliers | 440/4 | €115,646 | €182,222 | +€66,576 | +57.6% |
| Taxes, remuneration and social security | 45 | €37,932 | €37,844 | -€88 | -0.2% |
| Taxes | 450/3 | €37,932 | €37,844 | -€88 | -0.2% |
| Other amounts payable | 47/48 | €1,560 | €1,649 | +€90 | +5.8% |
| Accrued charges and deferred income | 492/3 | €0 | €8,379 | +€8,379 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,539 | €1,824 | +€285 | +18.5% |
| Other operating charges | 640/8 | €584 | €451 | -€133 | -22.7% |
| Gross operating margin | 9900 | €99,270 | €97,290 | -€1,980 | -2.0% |
| Operating profit (loss) | 9901 | €97,148 | €95,015 | -€2,133 | -2.2% |
| Financial income | 75/76B | €4 | €0 | -€4 | -95.1% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -95.1% |
| Financial charges | 65/66B | €100 | €350 | +€250 | +251.5% |
| Recurring financial charges | 65 | €100 | €350 | +€250 | +251.5% |
| Profit (loss) for the period before taxes | 9903 | €97,053 | €94,666 | -€2,387 | -2.5% |
| Income taxes | 67/77 | €17,550 | €19,089 | +€1,539 | +8.8% |
| Profit (loss) for the period | 9904 | €79,503 | €75,577 | -€3,926 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,503 | €75,577 | -€3,926 | -4.9% |
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 7 October 2026 via checked.be.