FRESH DISCOUNT: 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.
FRESH DISCOUNT
Largest movements
- Receivables within one year +€108,995
up €108,995 (+120%), from €90,763 to €199,757
of which Trade receivables: +€84,878
- Stocks and contracts -€20,743
down €20,743 (-73.7%), from €28,143 to €7,400
- Intangible fixed assets -€19,340
down €19,340 (-11.5%), from €167,596 to €148,256
- Profit (loss) carried forward +€84,306
up €84,306, from -€9,935 to €74,371
- Trade debts -€78,163
down €78,163 (-24.0%), from €326,258 to €248,096
- Tax, wage and social debts +€72,916
up €72,916 (+157%), from €46,305 to €119,221
of which Taxes: +€56,357
- Other debts -€6,101
no longer reported in 2024 (was €6,101)
- Gross operating margin +€179,000
up €179,000 (+101%), from €177,410 to €356,409
- Write-downs +€46,948
new in 2024: €46,948
- Staff costs +€45,657
up €45,657 (+91.3%), from €50,009 to €95,666
- Taxes +€33,042
up €33,042 (+126%), from €26,238 to €59,280
- Other operating charges -€17,772
down €17,772 (-28.8%), from €61,608 to €43,836
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 | €374,929 | €447,888 | +€72,959 | +19.5% |
| Fixed assets | 21/28 | €195,398 | €178,261 | -€17,137 | -8.8% |
| Intangible fixed assets | 21 | €167,596 | €148,256 | -€19,340 | -11.5% |
| Tangible fixed assets | 22/27 | €19,094 | €21,297 | +€2,203 | +11.5% |
| Plant, machinery and equipment | 23 | €4,621 | €12,035 | +€7,415 | +160% |
| Furniture and vehicles | 24 | €6,623 | €3,387 | -€3,235 | -48.8% |
| Other tangible fixed assets | 26 | €7,851 | €5,874 | -€1,976 | -25.2% |
| Financial fixed assets | 28 | €8,708 | €8,708 | = | 0.0% |
| Current assets | 29/58 | €179,531 | €269,627 | +€90,095 | +50.2% |
| Stocks and contracts in progress | 3 | €28,143 | €7,400 | -€20,743 | -73.7% |
| Stocks | 30/36 | €28,143 | €7,400 | -€20,743 | -73.7% |
| Amounts receivable within one year | 40/41 | €90,763 | €199,757 | +€108,995 | +120% |
| Trade receivables | 40 | €67,441 | €152,319 | +€84,878 | +126% |
| Other amounts receivable | 41 | €23,321 | €47,438 | +€24,117 | +103% |
| Cash at bank and in hand | 54/58 | €60,125 | €61,611 | +€1,486 | +2.5% |
| Deferred charges and accrued income | 490/1 | €501 | €859 | +€358 | +71.5% |
| Total equity and liabilities | 10/49 | €374,929 | €447,888 | +€72,959 | +19.5% |
| Equity | 10/15 | -€3,735 | €80,571 | +€84,306 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,935 | €74,371 | +€84,306 | |
| Amounts payable | 17/49 | €378,664 | €367,317 | -€11,347 | -3.0% |
| Amounts payable within one year | 42/48 | €378,664 | €367,317 | -€11,347 | -3.0% |
| Trade debts | 44 | €326,258 | €248,096 | -€78,163 | -24.0% |
| Suppliers | 440/4 | €326,258 | €248,096 | -€78,163 | -24.0% |
| Taxes, remuneration and social security | 45 | €46,305 | €119,221 | +€72,916 | +157% |
| Taxes | 450/3 | €37,684 | €94,042 | +€56,357 | +150% |
| Remuneration and social security | 454/9 | €8,621 | €25,179 | +€16,559 | +192% |
| Other amounts payable | 47/48 | €6,101 | - | -€6,101 | |
| Remuneration, social security and pensions | 62 | €50,009 | €95,666 | +€45,657 | +91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,154 | €28,223 | -€7,931 | -21.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €46,948 | +€46,948 | |
| Other operating charges | 640/8 | €61,608 | €43,836 | -€17,772 | -28.8% |
| Gross operating margin | 9900 | €177,410 | €356,409 | +€179,000 | +101% |
| Operating profit (loss) | 9901 | €29,639 | €141,737 | +€112,098 | +378% |
| Financial income | 75/76B | €944 | €2,155 | +€1,211 | +128% |
| Recurring financial income | 75 | €944 | €2,155 | +€1,211 | +128% |
| Financial charges | 65/66B | €805 | €306 | -€499 | -62.0% |
| Recurring financial charges | 65 | €805 | €306 | -€499 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | €29,778 | €143,586 | +€113,809 | +382% |
| Income taxes | 67/77 | €26,238 | €59,280 | +€33,042 | +126% |
| Profit (loss) for the period | 9904 | €3,540 | €84,306 | +€80,766 | +2,282% |
| Profit (loss) for the period to be appropriated | 9905 | €3,540 | €84,306 | +€80,766 | +2,282% |
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 26 October 2026 via checked.be.