FIRM: 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.
FIRM
Largest movements
- Receivables within one year +€21,214
up €21,214 (+404.6%), from €5,244 to €26,458
of which Trade receivables: +€10,623
- Tangible fixed assets +€8,715
up €8,715 (+230.4%), from €3,782 to €12,497
of which Plant, machinery and equipment: +€9,239
- Financial fixed assets +€2,357
new in 2024: €2,357
- Profit (loss) carried forward +€12,223
up €12,223 (+224.9%), from €5,436 to €17,659
- Reserves +€12,000
up €12,000 (+85.7%), from €14,000 to €26,000
- Tax, wage and social debts +€7,489
up €7,489 (+65.3%), from €11,474 to €18,963
- Gross operating margin +€21,894
up €21,894 (+91.0%), from €24,051 to €45,946
- Turnover +€20,746
up €20,746 (+16.8%), from €123,673 to €144,419
- Taxes +€2,711
up €2,711 (+46.3%), from €5,861 to €8,572
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 | €42,604 | €74,621 | +€32,017 | +75.1% |
| Fixed assets | 21/28 | €3,782 | €14,853 | +€11,072 | +292.7% |
| Tangible fixed assets | 22/27 | €3,782 | €12,497 | +€8,715 | +230.4% |
| Plant, machinery and equipment | 23 | €2,210 | €11,449 | +€9,239 | +418.1% |
| Furniture and vehicles | 24 | €1,572 | €1,048 | -€524 | -33.3% |
| Financial fixed assets | 28 | - | €2,357 | +€2,357 | |
| Current assets | 29/58 | €38,822 | €59,768 | +€20,946 | +54.0% |
| Amounts receivable within one year | 40/41 | €5,244 | €26,458 | +€21,214 | +404.6% |
| Trade receivables | 40 | €4,808 | €15,431 | +€10,623 | +220.9% |
| Other amounts receivable | 41 | €436 | €11,027 | +€10,591 | +2431.3% |
| Cash at bank and in hand | 54/58 | €33,579 | €33,310 | -€269 | -0.8% |
| Total equity and liabilities | 10/49 | €42,604 | €74,621 | +€32,017 | +75.1% |
| Equity | 10/15 | €21,436 | €45,659 | +€24,223 | +113.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €26,000 | +€12,000 | +85.7% |
| Distributable reserves | 133 | €14,000 | €26,000 | +€12,000 | +85.7% |
| Profit (loss) carried forward | 14 | €5,436 | €17,659 | +€12,223 | +224.9% |
| Amounts payable | 17/49 | €21,168 | €28,963 | +€7,794 | +36.8% |
| Amounts payable within one year | 42/48 | €21,168 | €28,963 | +€7,794 | +36.8% |
| Trade debts | 44 | €360 | - | -€360 | |
| Suppliers | 440/4 | €360 | - | -€360 | |
| Taxes, remuneration and social security | 45 | €11,474 | €18,963 | +€7,489 | +65.3% |
| Taxes | 450/3 | €11,474 | €18,963 | +€7,489 | +65.3% |
| Other amounts payable | 47/48 | €9,335 | €10,000 | +€665 | +7.1% |
| Turnover | 70 | €123,673 | €144,419 | +€20,746 | +16.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €99,621 | €98,473 | -€1,148 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,318 | €2,469 | +€151 | +6.5% |
| Other operating charges | 640/8 | €429 | €692 | +€263 | +61.4% |
| Gross operating margin | 9900 | €24,051 | €45,946 | +€21,894 | +91.0% |
| Operating profit (loss) | 9901 | €21,305 | €42,785 | +€21,480 | +100.8% |
| Financial income | 75/76B | - | €573 | +€573 | |
| Recurring financial income | 75 | - | €573 | +€573 | |
| Financial charges | 65/66B | €608 | €563 | -€45 | -7.4% |
| Recurring financial charges | 65 | €608 | €563 | -€45 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €20,697 | €42,794 | +€22,097 | +106.8% |
| Income taxes | 67/77 | €5,861 | €8,572 | +€2,711 | +46.3% |
| Profit (loss) for the period | 9904 | €14,836 | €34,223 | +€19,386 | +130.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,836 | €34,223 | +€19,386 | +130.7% |
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.