FOCUS POINT: 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.
FOCUS POINT
Largest movements
- Receivables within one year +€250,653
up €250,653 (+88.4%), from €283,581 to €534,234
of which Trade receivables: +€249,721
- Tax, wage and social debts +€128,832
up €128,832 (+88.8%), from €145,123 to €273,955
of which Remuneration and social security: +€66,333
- Trade debts +€54,280
up €54,280 (+121.2%), from €44,796 to €99,076
- Profit (loss) carried forward +€39,210
up €39,210 (+41.6%), from €94,262 to €133,472
- Other debts +€24,848
up €24,848 (+48.1%), from €51,637 to €76,485
- Gross operating margin -€2,986
down €2,986 (-3.4%), from €89,112 to €86,126
- Staff costs +€1,985
up €1,985 (+7.1%), from €27,787 to €29,772
- Other operating charges -€1,688
down €1,688 (-80.8%), from €2,088 to €400
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 | €374,747 | €621,916 | +€247,169 | +66.0% |
| Fixed assets | 21/28 | €7,714 | €4,230 | -€3,484 | -45.2% |
| Tangible fixed assets | 22/27 | €7,604 | €4,120 | -€3,484 | -45.8% |
| Furniture and vehicles | 24 | €7,604 | €4,120 | -€3,484 | -45.8% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €367,034 | €617,686 | +€250,653 | +68.3% |
| Amounts receivable within one year | 40/41 | €283,581 | €534,234 | +€250,653 | +88.4% |
| Trade receivables | 40 | €264,654 | €514,375 | +€249,721 | +94.4% |
| Other amounts receivable | 41 | €18,928 | €19,860 | +€932 | +4.9% |
| Cash at bank and in hand | 54/58 | €83,452 | €83,452 | = | 0.0% |
| Total equity and liabilities | 10/49 | €374,747 | €621,916 | +€247,169 | +66.0% |
| Equity | 10/15 | €102,322 | €141,532 | +€39,210 | +38.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,262 | €133,472 | +€39,210 | +41.6% |
| Amounts payable | 17/49 | €272,425 | €480,385 | +€207,959 | +76.3% |
| Amounts payable after more than one year | 17 | €30,868 | €30,868 | = | 0.0% |
| Financial debts | 170/4 | €30,868 | €30,868 | = | 0.0% |
| Amounts payable within one year | 42/48 | €241,557 | €449,516 | +€207,959 | +86.1% |
| Trade debts | 44 | €44,796 | €99,076 | +€54,280 | +121.2% |
| Suppliers | 440/4 | €44,796 | €99,076 | +€54,280 | +121.2% |
| Taxes, remuneration and social security | 45 | €145,123 | €273,955 | +€128,832 | +88.8% |
| Taxes | 450/3 | €80,121 | €142,620 | +€62,499 | +78.0% |
| Remuneration and social security | 454/9 | €65,003 | €131,336 | +€66,333 | +102.0% |
| Other amounts payable | 47/48 | €51,637 | €76,485 | +€24,848 | +48.1% |
| Remuneration, social security and pensions | 62 | €27,787 | €29,772 | +€1,985 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,151 | €4,607 | +€456 | +11.0% |
| Other operating charges | 640/8 | €2,088 | €400 | -€1,688 | -80.8% |
| Non-recurring operating charges | 66A | €7,767 | - | -€7,767 | |
| Gross operating margin | 9900 | €89,112 | €86,126 | -€2,986 | -3.4% |
| Operating profit (loss) | 9901 | €47,318 | €51,346 | +€4,028 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €47,318 | €51,346 | +€4,028 | +8.5% |
| Income taxes | 67/77 | €11,672 | €12,137 | +€465 | +4.0% |
| Profit (loss) for the period | 9904 | €35,647 | €39,210 | +€3,563 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,647 | €39,210 | +€3,563 | +10.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.