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FOR THE WIN: 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.

What changed

FOR THE WIN

BE 0804.762.577
NACE 90.201, Performing arts by independent artists
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€100,586
2023 · €195+€100,391
Equity
€100,780
2023 · €195+€100,586
Cash
€128,951
2023 · €237+€128,714
Balance sheet total
€135,180
2023 · €1,030+€134,150

Largest movements

2023 to 2024
Assets
  • Cash +€128,714

    up €128,714 (+54406.3%), from €237 to €128,951

    mainly Net result for the year (+€100,586) and Tax, wage and social debts (+€29,430)

  • Tangible fixed assets +€4,156

    new in 2024: €4,156

    of which Plant, machinery and equipment: +€3,004

Equity and liabilities
  • Reserves +€100,780

    new in 2024: €100,780

  • Tax, wage and social debts +€29,430

    up €29,430 (+3521.5%), from €836 to €30,266

  • Trade debts +€4,134

    new in 2024: €4,134

Income statement
  • Gross operating margin +€130,794

    up €130,794 (+65511.7%), from €200 to €130,994

  • Taxes +€27,930

    new in 2024: €27,930

  • Depreciation +€1,327

    new in 2024: €1,327

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €195
Gross operating margin +€130,794
Depreciation -€1,327
Other operating charges -€1,029
Financial charges -€117
Taxes -€27,930
Result 2024 €100,586

Cash bridge derived

cash 2023 to 2024

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.

From operations +€134,198
Investment -€5,484
Financing €0
Cash 2023 €237
Net result for the year +€100,586
Depreciation +€1,327
Receivables within one year -€1,279
Trade debts +€4,134
Tax, wage and social debts +€29,430
Investment in fixed assets (net) -€5,484
Cash 2024 €128,951
Every line side by side 30 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,030 €135,180 +€134,150 +13019.5%
Fixed assets 21/28 - €4,156 +€4,156
Tangible fixed assets 22/27 - €4,156 +€4,156
Plant, machinery and equipment 23 - €3,004 +€3,004
Furniture and vehicles 24 - €1,153 +€1,153
Current assets 29/58 €1,030 €131,024 +€129,994 +12616.1%
Amounts receivable within one year 40/41 €794 €2,073 +€1,279 +161.2%
Other amounts receivable 41 €794 €2,073 +€1,279 +161.2%
Cash at bank and in hand 54/58 €237 €128,951 +€128,714 +54406.3%
Total equity and liabilities 10/49 €1,030 €135,180 +€134,150 +13019.5%
Equity 10/15 €195 €100,780 +€100,586 +51675.1%
Reserves 13 - €100,780 +€100,780
Distributable reserves 133 - €100,780 +€100,780
Profit (loss) carried forward 14 €195 - -€195
Amounts payable 17/49 €836 €34,400 +€33,564 +4016.2%
Amounts payable within one year 42/48 €836 €34,400 +€33,564 +4016.2%
Trade debts 44 - €4,134 +€4,134
Suppliers 440/4 - €4,134 +€4,134
Taxes, remuneration and social security 45 €836 €30,266 +€29,430 +3521.5%
Taxes 450/3 €836 €30,266 +€29,430 +3521.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €1,327 +€1,327
Other operating charges 640/8 - €1,029 +€1,029
Gross operating margin 9900 €200 €130,994 +€130,794 +65511.7%
Operating profit (loss) 9901 €200 €128,638 +€128,438 +64331.8%
Financial charges 65/66B €5 €122 +€117 +2349.8%
Recurring financial charges 65 €5 €122 +€117 +2349.8%
Profit (loss) for the period before taxes 9903 €195 €128,516 +€128,321 +65923.9%
Income taxes 67/77 - €27,930 +€27,930
Profit (loss) for the period 9904 €195 €100,586 +€100,391 +51575.1%
Profit (loss) for the period to be appropriated 9905 €195 €100,586 +€100,391 +51575.1%

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 30 September 2026 via checked.be.