FILTRO: 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.
FILTRO
Largest movements
- Receivables within one year +€151,009
up €151,009 (+254.9%), from €59,231 to €210,241
of which Trade receivables: +€135,076
- Stocks and contracts +€8,098
new in 2024: €8,098
- Financial fixed assets +€3,499
up €3,499 (+573.8%), from €610 to €4,109
- Tangible fixed assets -€3,333
down €3,333 (-65.5%), from €5,087 to €1,753
- Trade debts +€142,312
up €142,312 (+301.8%), from €47,161 to €189,472
- Provisions +€27,979
new in 2024: €27,979
- Profit (loss) carried forward -€6,800
down €6,800 (-138.6%), from -€4,907 to -€11,707
- Tax, wage and social debts -€2,760
down €2,760 (-17.0%), from €16,248 to €13,488
- Turnover +€270,167
up €270,167 (+51.7%), from €522,185 to €792,353
- Gross operating margin +€133,764
up €133,764 (+203.8%), from €65,638 to €199,402
- Purchases and services +€132,016
up €132,016 (+27.7%), from €476,516 to €608,532
- Staff costs +€91,395
up €91,395 (+144.2%), from €63,396 to €154,791
- Provisions +€27,979
new in 2024: €27,979
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 | €94,378 | €255,108 | +€160,730 | +170.3% |
| Fixed assets | 21/28 | €6,660 | €5,862 | -€797 | -12.0% |
| Intangible fixed assets | 21 | €963 | - | -€963 | |
| Tangible fixed assets | 22/27 | €5,087 | €1,753 | -€3,333 | -65.5% |
| Furniture and vehicles | 24 | €5,087 | €1,753 | -€3,333 | -65.5% |
| Financial fixed assets | 28 | €610 | €4,109 | +€3,499 | +573.8% |
| Current assets | 29/58 | €87,719 | €249,246 | +€161,527 | +184.1% |
| Stocks and contracts in progress | 3 | - | €8,098 | +€8,098 | |
| Stocks | 30/36 | - | €8,098 | +€8,098 | |
| Amounts receivable within one year | 40/41 | €59,231 | €210,241 | +€151,009 | +254.9% |
| Trade receivables | 40 | €39,044 | €174,120 | +€135,076 | +346.0% |
| Other amounts receivable | 41 | €20,187 | €36,121 | +€15,934 | +78.9% |
| Cash at bank and in hand | 54/58 | €27,580 | €27,517 | -€63 | -0.2% |
| Deferred charges and accrued income | 490/1 | €907 | €3,390 | +€2,483 | +273.6% |
| Total equity and liabilities | 10/49 | €94,378 | €255,108 | +€160,730 | +170.3% |
| Equity | 10/15 | €25,969 | €19,169 | -€6,800 | -26.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €20,876 | €20,876 | = | 0.0% |
| Distributable reserves | 133 | €20,876 | €20,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,907 | -€11,707 | -€6,800 | -138.6% |
| Provisions and deferred taxes | 16 | - | €27,979 | +€27,979 | |
| Provisions for liabilities and charges | 160/5 | - | €27,979 | +€27,979 | |
| Environmental obligations | 163 | - | €27,979 | +€27,979 | |
| Amounts payable | 17/49 | €68,409 | €207,960 | +€139,551 | +204.0% |
| Amounts payable within one year | 42/48 | €68,409 | €207,960 | +€139,551 | +204.0% |
| Financial debts | 43 | €5,000 | €5,000 | = | 0.0% |
| Credit institutions | 430/8 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €47,161 | €189,472 | +€142,312 | +301.8% |
| Suppliers | 440/4 | €47,161 | €189,472 | +€142,312 | +301.8% |
| Taxes, remuneration and social security | 45 | €16,248 | €13,488 | -€2,760 | -17.0% |
| Taxes | 450/3 | €16,248 | €13,488 | -€2,760 | -17.0% |
| Turnover | 70 | €522,185 | €792,353 | +€270,167 | +51.7% |
| Non-recurring operating income | 76A | €95 | - | -€95 | |
| Goods, raw materials, services and sundry goods | 60/61 | €476,516 | €608,532 | +€132,016 | +27.7% |
| Remuneration, social security and pensions | 62 | €63,396 | €154,791 | +€91,395 | +144.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,203 | €4,296 | +€93 | +2.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €27,979 | +€27,979 | |
| Other operating charges | 640/8 | - | €14 | +€14 | |
| Non-recurring operating charges | 66A | €687 | €2,792 | +€2,105 | +306.7% |
| Gross operating margin | 9900 | €65,638 | €199,402 | +€133,764 | +203.8% |
| Operating profit (loss) | 9901 | -€2,648 | €9,530 | +€12,178 | |
| Financial income | 75/76B | €43 | €34 | -€9 | -20.2% |
| Recurring financial income | 75 | €43 | €34 | -€9 | -20.2% |
| Financial charges | 65/66B | €447 | €5,461 | +€5,014 | +1121.1% |
| Recurring financial charges | 65 | €447 | €5,461 | +€5,014 | +1121.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,052 | €4,104 | +€7,155 | |
| Income taxes | 67/77 | €1,855 | €10,904 | +€9,049 | +487.8% |
| Profit (loss) for the period | 9904 | -€4,907 | -€6,800 | -€1,894 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,907 | -€6,800 | -€1,894 | -38.6% |
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 9 October 2026 via checked.be.