FINDD: 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.
FINDD
Largest movements
- Cash +€198,087
up €198,087 (+87.6%), from €226,083 to €424,171
mainly Receivables within one year (+€116,154) and Net result for the year (+€75,583)
- Receivables within one year -€116,154
down €116,154 (-74.6%), from €155,674 to €39,520
of which Trade receivables: -€99,624
- Deferred charges and accrued income -€36,677
no longer reported in 2024 (was €36,677)
- Tangible fixed assets -€27,968
down €27,968 (-7.3%), from €385,561 to €357,593
of which Furniture and vehicles: -€29,454
- Intangible fixed assets -€22,714
no longer reported in 2024 (was €22,714)
- Debts after one year -€75,651
down €75,651 (-23.9%), from €315,910 to €240,259
- Reserves +€75,583
up €75,583 (+33.3%), from €226,921 to €302,504
of which Distributable reserves: +€75,583
- Accrued charges and deferred income -€20,419
down €20,419 (-18.0%), from €113,157 to €92,738
- Tax, wage and social debts +€19,791
up €19,791 (+191.0%), from €10,361 to €30,152
of which Taxes: +€18,195
- Current portion of long-term debt -€14,082
down €14,082 (-15.7%), from €89,733 to €75,651
- Depreciation -€35,567
down €35,567 (-32.0%), from €111,033 to €75,465
- Taxes +€12,053
up €12,053 (+50.9%), from €23,677 to €35,730
- Gross operating margin +€11,589
up €11,589 (+4.2%), from €273,176 to €284,765
- Staff costs +€4,500
up €4,500 (+5.6%), from €80,948 to €85,447
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 | €827,684 | €822,258 | -€5,426 | -0.7% |
| Fixed assets | 21/28 | €409,250 | €358,568 | -€50,682 | -12.4% |
| Intangible fixed assets | 21 | €22,714 | - | -€22,714 | |
| Tangible fixed assets | 22/27 | €385,561 | €357,593 | -€27,968 | -7.3% |
| Land and buildings | 22 | €280,115 | €281,696 | +€1,580 | +0.6% |
| Plant, machinery and equipment | 23 | €2,817 | €3,119 | +€302 | +10.7% |
| Furniture and vehicles | 24 | €102,077 | €72,624 | -€29,454 | -28.9% |
| Other tangible fixed assets | 26 | €551 | €154 | -€397 | -72.0% |
| Financial fixed assets | 28 | €975 | €975 | = | 0.0% |
| Current assets | 29/58 | €418,434 | €463,691 | +€45,256 | +10.8% |
| Amounts receivable within one year | 40/41 | €155,674 | €39,520 | -€116,154 | -74.6% |
| Trade receivables | 40 | €139,144 | €39,520 | -€99,624 | -71.6% |
| Other amounts receivable | 41 | €16,530 | - | -€16,530 | |
| Cash at bank and in hand | 54/58 | €226,083 | €424,171 | +€198,087 | +87.6% |
| Deferred charges and accrued income | 490/1 | €36,677 | - | -€36,677 | |
| Total equity and liabilities | 10/49 | €827,684 | €822,258 | -€5,426 | -0.7% |
| Equity | 10/15 | €245,521 | €321,104 | +€75,583 | +30.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €226,921 | €302,504 | +€75,583 | +33.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €225,061 | €300,644 | +€75,583 | +33.6% |
| Amounts payable | 17/49 | €582,163 | €501,154 | -€81,009 | -13.9% |
| Amounts payable after more than one year | 17 | €315,910 | €240,259 | -€75,651 | -23.9% |
| Financial debts | 170/4 | €315,910 | €240,259 | -€75,651 | -23.9% |
| Amounts payable within one year | 42/48 | €153,096 | €168,156 | +€15,061 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €89,733 | €75,651 | -€14,082 | -15.7% |
| Trade debts | 44 | €1,217 | €2,109 | +€893 | +73.4% |
| Suppliers | 440/4 | €1,217 | €2,109 | +€893 | +73.4% |
| Taxes, remuneration and social security | 45 | €10,361 | €30,152 | +€19,791 | +191.0% |
| Taxes | 450/3 | €4,737 | €22,932 | +€18,195 | +384.1% |
| Remuneration and social security | 454/9 | €5,624 | €7,220 | +€1,596 | +28.4% |
| Other amounts payable | 47/48 | €51,785 | €60,244 | +€8,459 | +16.3% |
| Accrued charges and deferred income | 492/3 | €113,157 | €92,738 | -€20,419 | -18.0% |
| Remuneration, social security and pensions | 62 | €80,948 | €85,447 | +€4,500 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,033 | €75,465 | -€35,567 | -32.0% |
| Other operating charges | 640/8 | €4,477 | €2,935 | -€1,542 | -34.4% |
| Gross operating margin | 9900 | €273,176 | €284,765 | +€11,589 | +4.2% |
| Operating profit (loss) | 9901 | €76,719 | €120,918 | +€44,199 | +57.6% |
| Financial income | 75/76B | - | €1,514 | +€1,514 | |
| Recurring financial income | 75 | - | €1,514 | +€1,514 | |
| Financial charges | 65/66B | €10,799 | €11,118 | +€319 | +3.0% |
| Recurring financial charges | 65 | €10,799 | €11,118 | +€319 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €65,920 | €111,313 | +€45,393 | +68.9% |
| Income taxes | 67/77 | €23,677 | €35,730 | +€12,053 | +50.9% |
| Profit (loss) for the period | 9904 | €42,243 | €75,583 | +€33,340 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,243 | €75,583 | +€33,340 | +78.9% |
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 12 October 2026 via checked.be.