FOR - TRANS: 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.
FOR - TRANS
Largest movements
- Tangible fixed assets +€26,141
up €26,141 (+49.7%), from €52,646 to €78,787
of which Furniture and vehicles: +€15,278
- Deferred charges and accrued income +€14,507
up €14,507 (+371.9%), from €3,901 to €18,408
- Receivables within one year +€6,532
up €6,532 (+21.2%), from €30,754 to €37,286
of which Trade receivables: +€6,566
- Current investments -€3,499
no longer reported in 2024 (was €3,499)
- Cash +€3,354
new in 2024: €3,354
mainly Other debts (+€30,926) and Depreciation (+€15,012)
- Other debts +€30,926
up €30,926 (+56.4%), from €54,846 to €85,772
- Trade debts +€12,724
up €12,724 (+395.9%), from €3,214 to €15,938
- Reserves +€3,624
up €3,624 (+33.7%), from €10,749 to €14,373
of which Distributable reserves: +€3,624
- Tax, wage and social debts -€1,813
down €1,813 (-28.0%), from €6,474 to €4,660
- Profit (loss) carried forward +€1,575
up €1,575, from -€1,575 to €0
- Gross operating margin +€9,322
up €9,322 (+33.1%), from €28,164 to €37,487
- Depreciation +€5,015
up €5,015 (+50.2%), from €9,996 to €15,012
- Other operating charges -€1,383
down €1,383 (-43.5%), from €3,182 to €1,799
- Taxes +€1,285
up €1,285 (+54.4%), from €2,364 to €3,649
- Financial charges +€402
up €402 (+33.4%), from €1,204 to €1,606
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 | €92,299 | €139,335 | +€47,036 | +51.0% |
| Fixed assets | 21/28 | €54,146 | €80,287 | +€26,141 | +48.3% |
| Tangible fixed assets | 22/27 | €52,646 | €78,787 | +€26,141 | +49.7% |
| Plant, machinery and equipment | 23 | €25,722 | €38,583 | +€12,861 | +50.0% |
| Furniture and vehicles | 24 | €14,471 | €29,750 | +€15,278 | +105.6% |
| Other tangible fixed assets | 26 | €12,452 | €10,454 | -€1,998 | -16.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €38,154 | €59,048 | +€20,894 | +54.8% |
| Amounts receivable within one year | 40/41 | €30,754 | €37,286 | +€6,532 | +21.2% |
| Trade receivables | 40 | €29,108 | €35,674 | +€6,566 | +22.6% |
| Other amounts receivable | 41 | €1,646 | €1,612 | -€34 | -2.1% |
| Current investments | 50/53 | €3,499 | - | -€3,499 | |
| Cash at bank and in hand | 54/58 | - | €3,354 | +€3,354 | |
| Deferred charges and accrued income | 490/1 | €3,901 | €18,408 | +€14,507 | +371.9% |
| Total equity and liabilities | 10/49 | €92,299 | €139,335 | +€47,036 | +51.0% |
| Equity | 10/15 | €27,766 | €32,965 | +€5,199 | +18.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €10,749 | €14,373 | +€3,624 | +33.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €8,890 | €12,514 | +€3,624 | +40.8% |
| Profit (loss) carried forward | 14 | -€1,575 | €0 | +€1,575 | |
| Amounts payable | 17/49 | €64,533 | €106,370 | +€41,836 | +64.8% |
| Amounts payable within one year | 42/48 | €64,533 | €106,370 | +€41,836 | +64.8% |
| Trade debts | 44 | €3,214 | €15,938 | +€12,724 | +395.9% |
| Suppliers | 440/4 | €3,214 | €15,938 | +€12,724 | +395.9% |
| Taxes, remuneration and social security | 45 | €6,474 | €4,660 | -€1,813 | -28.0% |
| Taxes | 450/3 | €6,474 | €4,660 | -€1,813 | -28.0% |
| Other amounts payable | 47/48 | €54,846 | €85,772 | +€30,926 | +56.4% |
| Non-recurring operating income | 76A | €7,000 | €12,500 | +€5,500 | +78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,996 | €15,012 | +€5,015 | +50.2% |
| Other operating charges | 640/8 | €3,182 | €1,799 | -€1,383 | -43.5% |
| Non-recurring operating charges | 66A | - | €1,018 | +€1,018 | |
| Gross operating margin | 9900 | €28,164 | €37,487 | +€9,322 | +33.1% |
| Operating profit (loss) | 9901 | €14,986 | €19,658 | +€4,672 | +31.2% |
| Financial income | 75/76B | €1 | €24 | +€22 | +1769.8% |
| Recurring financial income | 75 | €1 | €24 | +€22 | +1769.8% |
| Financial charges | 65/66B | €1,204 | €1,606 | +€402 | +33.4% |
| Recurring financial charges | 65 | €1,204 | €1,606 | +€402 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €13,783 | €18,075 | +€4,292 | +31.1% |
| Income taxes | 67/77 | €2,364 | €3,649 | +€1,285 | +54.4% |
| Profit (loss) for the period | 9904 | €11,419 | €14,427 | +€3,007 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,419 | €14,427 | +€3,007 | +26.3% |
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.