FIVE YARDS: 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.
FIVE YARDS
Largest movements
- Deferred charges and accrued income +€5,900
new in 2024: €5,900
- Tangible fixed assets -€5,236
down €5,236 (-34.8%), from €15,052 to €9,816
of which Other tangible fixed assets: -€3,664
- Receivables within one year -€4,888
down €4,888 (-82.0%), from €5,964 to €1,077
of which Trade receivables: -€4,878
- Cash +€1,288
up €1,288 (+10.8%), from €11,929 to €13,217
mainly Depreciation (+€5,714) and Receivables within one year (+€4,888)
- Formation expenses -€478
down €478 (-50.0%), from €957 to €478
- Profit (loss) carried forward +€4,067
up €4,067 (+30.2%), from -€13,485 to -€9,418
- Current portion of long-term debt -€3,852
no longer reported in 2024 (was €3,852)
- Other debts -€2,833
down €2,833 (-20.3%), from €13,936 to €11,103
- Tax, wage and social debts -€2,243
down €2,243 (-30.8%), from €7,284 to €5,041
of which Remuneration and social security: -€2,200
- Trade debts +€1,447
up €1,447 (+62.5%), from €2,317 to €3,763
- Purchases and services -€50,677
down €50,677 (-35.8%), from €141,540 to €90,863
- Gross operating margin -€24,559
down €24,559 (-65.3%), from €37,620 to €13,061
- Depreciation +€1,780
up €1,780 (+45.2%), from €3,935 to €5,714
- Taxes -€1,598
down €1,598 (-50.6%), from €3,161 to €1,563
- Financial charges +€948
up €948 (+163.8%), from €579 to €1,527
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 | €33,903 | €30,488 | -€3,414 | -10.1% |
| Formation expenses | 20 | €957 | €478 | -€478 | -50.0% |
| Fixed assets | 21/28 | €15,052 | €9,816 | -€5,236 | -34.8% |
| Tangible fixed assets | 22/27 | €15,052 | €9,816 | -€5,236 | -34.8% |
| Furniture and vehicles | 24 | €2,228 | €656 | -€1,572 | -70.5% |
| Other tangible fixed assets | 26 | €12,824 | €9,160 | -€3,664 | -28.6% |
| Current assets | 29/58 | €17,893 | €20,193 | +€2,300 | +12.9% |
| Amounts receivable within one year | 40/41 | €5,964 | €1,077 | -€4,888 | -82.0% |
| Trade receivables | 40 | €4,878 | - | -€4,878 | |
| Other amounts receivable | 41 | €1,086 | €1,077 | -€9 | -0.9% |
| Cash at bank and in hand | 54/58 | €11,929 | €13,217 | +€1,288 | +10.8% |
| Deferred charges and accrued income | 490/1 | - | €5,900 | +€5,900 | |
| Total equity and liabilities | 10/49 | €33,903 | €30,488 | -€3,414 | -10.1% |
| Equity | 10/15 | €6,515 | €10,582 | +€4,067 | +62.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,485 | -€9,418 | +€4,067 | +30.2% |
| Amounts payable | 17/49 | €27,388 | €19,907 | -€7,481 | -27.3% |
| Amounts payable within one year | 42/48 | €27,388 | €19,907 | -€7,481 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €3,852 | - | -€3,852 | |
| Trade debts | 44 | €2,317 | €3,763 | +€1,447 | +62.5% |
| Suppliers | 440/4 | €2,317 | €3,763 | +€1,447 | +62.5% |
| Taxes, remuneration and social security | 45 | €7,284 | €5,041 | -€2,243 | -30.8% |
| Taxes | 450/3 | €5,084 | €5,041 | -€43 | -0.8% |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Other amounts payable | 47/48 | €13,936 | €11,103 | -€2,833 | -20.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €141,540 | €90,863 | -€50,677 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,935 | €5,714 | +€1,780 | +45.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €899 | €191 | -€708 | -78.8% |
| Gross operating margin | 9900 | €37,620 | €13,061 | -€24,559 | -65.3% |
| Operating profit (loss) | 9901 | €32,786 | €7,156 | -€25,630 | -78.2% |
| Financial charges | 65/66B | €579 | €1,527 | +€948 | +163.8% |
| Recurring financial charges | 65 | €579 | €1,527 | +€948 | +163.8% |
| Profit (loss) for the period before taxes | 9903 | €32,208 | €5,630 | -€26,578 | -82.5% |
| Income taxes | 67/77 | €3,161 | €1,563 | -€1,598 | -50.6% |
| Profit (loss) for the period | 9904 | €29,047 | €4,067 | -€24,980 | -86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,047 | €4,067 | -€24,980 | -86.0% |
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 2 October 2026 via checked.be.