FOCUS LIVE: 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.
FOCUS LIVE
Largest movements
- Receivables within one year -€48,130
down €48,130 (-24.6%), from €195,298 to €147,168
of which Other amounts receivable: -€45,862
- Cash -€40,365
down €40,365 (-38.1%), from €105,978 to €65,613
mainly Trade debts (-€47,978) and Tax, wage and social debts (-€45,166)
- Tangible fixed assets -€4,940
down €4,940 (-6.4%), from €77,416 to €72,476
of which Furniture and vehicles: -€11,464
- Trade debts -€47,978
down €47,978 (-49.5%), from €96,868 to €48,890
- Tax, wage and social debts -€45,166
down €45,166 (-100.0%), from €45,168 to €2
of which Taxes: -€45,168
- Turnover -€58,923
down €58,923 (-20.2%), from €291,126 to €232,203
- Purchases and services -€42,243
down €42,243 (-19.7%), from €214,785 to €172,542
- Gross operating margin -€16,572
down €16,572 (-21.7%), from €76,341 to €59,769
- Depreciation -€11,176
down €11,176 (-20.6%), from €54,290 to €43,114
- Staff costs +€4,312
up €4,312 (+45.1%), from €9,565 to €13,877
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.
Derived cash bridge
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 | €378,692 | €285,257 | -€93,435 | -24.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €77,416 | €72,476 | -€4,940 | -6.4% |
| Tangible fixed assets | 22/27 | €77,416 | €72,476 | -€4,940 | -6.4% |
| Plant, machinery and equipment | 23 | €27,294 | €33,818 | +€6,524 | +23.9% |
| Furniture and vehicles | 24 | €50,122 | €38,658 | -€11,464 | -22.9% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Current assets | 29/58 | €301,276 | €212,781 | -€88,495 | -29.4% |
| Amounts receivable within one year | 40/41 | €195,298 | €147,168 | -€48,130 | -24.6% |
| Trade receivables | 40 | €64,076 | €61,808 | -€2,268 | -3.5% |
| Other amounts receivable | 41 | €131,222 | €85,360 | -€45,862 | -34.9% |
| Cash at bank and in hand | 54/58 | €105,978 | €65,613 | -€40,365 | -38.1% |
| Total equity and liabilities | 10/49 | €378,692 | €285,257 | -€93,435 | -24.7% |
| Equity | 10/15 | €236,656 | €236,365 | -€291 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,898 | €105,898 | = | 0.0% |
| 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 | €104,038 | €104,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,158 | €111,867 | -€291 | -0.3% |
| Amounts payable | 17/49 | €142,036 | €48,892 | -€93,144 | -65.6% |
| Amounts payable within one year | 42/48 | €142,036 | €48,892 | -€93,144 | -65.6% |
| Trade debts | 44 | €96,868 | €48,890 | -€47,978 | -49.5% |
| Suppliers | 440/4 | €96,868 | €48,890 | -€47,978 | -49.5% |
| Taxes, remuneration and social security | 45 | €45,168 | €2 | -€45,166 | -100.0% |
| Taxes | 450/3 | €45,168 | - | -€45,168 | |
| Remuneration and social security | 454/9 | - | €2 | +€2 | |
| Turnover | 70 | €291,126 | €232,203 | -€58,923 | -20.2% |
| Non-recurring operating income | 76A | €0 | €108 | +€108 | |
| Goods, raw materials, services and sundry goods | 60/61 | €214,785 | €172,542 | -€42,243 | -19.7% |
| Remuneration, social security and pensions | 62 | €9,565 | €13,877 | +€4,312 | +45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,290 | €43,114 | -€11,176 | -20.6% |
| Other operating charges | 640/8 | €417 | €450 | +€33 | +7.9% |
| Non-recurring operating charges | 66A | €0 | €56 | +€56 | |
| Gross operating margin | 9900 | €76,341 | €59,769 | -€16,572 | -21.7% |
| Operating profit (loss) | 9901 | €12,069 | €2,272 | -€9,797 | -81.2% |
| Financial charges | 65/66B | €65 | €148 | +€83 | +128% |
| Recurring financial charges | 65 | €65 | €148 | +€83 | +128% |
| Profit (loss) for the period before taxes | 9903 | €12,004 | €2,124 | -€9,880 | -82.3% |
| Income taxes | 67/77 | €4,269 | €2,415 | -€1,854 | -43.4% |
| Profit (loss) for the period | 9904 | €7,735 | -€291 | -€8,026 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,735 | -€291 | -€8,026 |
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 13 October 2026 via checked.be.