FIRST CLASS CW: 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.
FIRST CLASS CW
Largest movements
- Cash -€11,837
down €11,837 (-46.6%), from €25,387 to €13,550
mainly Net result for the year (-€9,540) and Tax, wage and social debts (-€3,129)
- Receivables within one year -€833
no longer reported in 2024 (was €833)
of which Other amounts receivable: -€621
- Profit (loss) carried forward -€9,540
down €9,540 (-88.9%), from €10,732 to €1,192
- Tax, wage and social debts -€3,129
down €3,129 (-29.8%), from €10,488 to €7,359
of which Taxes: -€8,514
- Staff costs +€13,052
up €13,052 (+190.3%), from €6,859 to €19,911
- Gross operating margin -€7,220
down €7,220 (-41.0%), from €17,591 to €10,371
- Purchases and services +€5,615
up €5,615 (+24.5%), from €22,965 to €28,580
- Turnover -€1,605
down €1,605 (-4.0%), from €40,556 to €38,950
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 | €26,220 | €13,550 | -€12,670 | -48.3% |
| Current assets | 29/58 | €26,220 | €13,550 | -€12,670 | -48.3% |
| Amounts receivable within one year | 40/41 | €833 | - | -€833 | |
| Trade receivables | 40 | €212 | - | -€212 | |
| Other amounts receivable | 41 | €621 | - | -€621 | |
| Cash at bank and in hand | 54/58 | €25,387 | €13,550 | -€11,837 | -46.6% |
| Total equity and liabilities | 10/49 | €26,220 | €13,550 | -€12,670 | -48.3% |
| Equity | 10/15 | €15,732 | €6,192 | -€9,540 | -60.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,732 | €1,192 | -€9,540 | -88.9% |
| Amounts payable | 17/49 | €10,488 | €7,359 | -€3,129 | -29.8% |
| Amounts payable within one year | 42/48 | €10,488 | €7,359 | -€3,129 | -29.8% |
| Taxes, remuneration and social security | 45 | €10,488 | €7,359 | -€3,129 | -29.8% |
| Taxes | 450/3 | €8,514 | - | -€8,514 | |
| Remuneration and social security | 454/9 | €1,974 | €7,359 | +€5,385 | +272.8% |
| Turnover | 70 | €40,556 | €38,950 | -€1,605 | -4.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,965 | €28,580 | +€5,615 | +24.5% |
| Remuneration, social security and pensions | 62 | €6,859 | €19,911 | +€13,052 | +190.3% |
| Gross operating margin | 9900 | €17,591 | €10,371 | -€7,220 | -41.0% |
| Operating profit (loss) | 9901 | €10,732 | -€9,540 | -€20,272 | |
| Profit (loss) for the period before taxes | 9903 | €10,732 | -€9,540 | -€20,272 | |
| Profit (loss) for the period | 9904 | €10,732 | -€9,540 | -€20,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,732 | -€9,540 | -€20,272 |
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 5 October 2026 via checked.be.