GENERAL BUSINESS SOLUTION: 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.
GENERAL BUSINESS SOLUTION
Largest movements
- Stocks and contracts -€46,060
down €46,060 (-48.3%), from €95,434 to €49,374
- Receivables within one year +€18,551
up €18,551 (+155%), from €11,973 to €30,524
of which Other amounts receivable: +€18,551
- Financial fixed assets +€14,500
up €14,500 (+4,603%), from €315 to €14,815
- Cash +€7,460
up €7,460 (+79.6%), from €9,377 to €16,837
mainly Stocks and contracts (+€46,060) and Tax, wage and social debts (+€2,303)
- Profit (loss) carried forward -€7,107
down €7,107 (-14.2%), from €49,917 to €42,810
- Tax, wage and social debts +€2,303
up €2,303 (+26.9%), from €8,564 to €10,866
of which Taxes: +€6,988
- Other debts -€1,396
no longer reported in 2024 (was €1,396)
- Staff costs +€34,342
up €34,342 (+212%), from €16,202 to €50,544
- Gross operating margin +€30,658
up €30,658 (+117%), from €26,314 to €56,972
- Taxes -€2,293
no longer reported in 2024 (was €2,293)
- Other operating charges +€1,211
up €1,211 (+30.7%), from €3,939 to €5,150
- Financial income +€820
new in 2024: €820
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 | €117,099 | €111,551 | -€5,548 | -4.7% |
| Fixed assets | 21/28 | €315 | €14,815 | +€14,500 | +4,603% |
| Financial fixed assets | 28 | €315 | €14,815 | +€14,500 | +4,603% |
| Current assets | 29/58 | €116,784 | €96,736 | -€20,048 | -17.2% |
| Stocks and contracts in progress | 3 | €95,434 | €49,374 | -€46,060 | -48.3% |
| Stocks | 30/36 | €95,434 | €49,374 | -€46,060 | -48.3% |
| Amounts receivable within one year | 40/41 | €11,973 | €30,524 | +€18,551 | +155% |
| Trade receivables | 40 | €6,545 | €6,545 | = | 0.0% |
| Other amounts receivable | 41 | €5,428 | €23,979 | +€18,551 | +342% |
| Cash at bank and in hand | 54/58 | €9,377 | €16,837 | +€7,460 | +79.6% |
| Total equity and liabilities | 10/49 | €117,099 | €111,551 | -€5,548 | -4.7% |
| Equity | 10/15 | €73,068 | €65,961 | -€7,107 | -9.7% |
| Contributions | 10/11 | €6,508 | €6,508 | = | 0.0% |
| Capital | 10 | €6,508 | €6,508 | = | 0.0% |
| Issued capital | 100 | €18,108 | €18,108 | = | 0.0% |
| Uncalled capital | 101 | €11,600 | €11,600 | = | 0.0% |
| Reserves | 13 | €16,643 | €16,643 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,783 | €14,783 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,917 | €42,810 | -€7,107 | -14.2% |
| Amounts payable | 17/49 | €44,031 | €45,590 | +€1,559 | +3.5% |
| Amounts payable within one year | 42/48 | €44,031 | €45,590 | +€1,559 | +3.5% |
| Trade debts | 44 | €34,071 | €34,723 | +€652 | +1.9% |
| Suppliers | 440/4 | €34,071 | €34,723 | +€652 | +1.9% |
| Taxes, remuneration and social security | 45 | €8,564 | €10,866 | +€2,303 | +26.9% |
| Taxes | 450/3 | €3,862 | €10,850 | +€6,988 | +181% |
| Remuneration and social security | 454/9 | €4,702 | €16 | -€4,686 | -99.7% |
| Other amounts payable | 47/48 | €1,396 | - | -€1,396 | |
| Remuneration, social security and pensions | 62 | €16,202 | €50,544 | +€34,342 | +212% |
| Other operating charges | 640/8 | €3,939 | €5,150 | +€1,211 | +30.7% |
| Non-recurring operating charges | 66A | - | €8,985 | +€8,985 | |
| Gross operating margin | 9900 | €26,314 | €56,972 | +€30,658 | +117% |
| Operating profit (loss) | 9901 | €6,173 | -€7,706 | -€13,879 | |
| Financial income | 75/76B | - | €820 | +€820 | |
| Recurring financial income | 75 | - | €820 | +€820 | |
| Financial charges | 65/66B | €245 | €221 | -€24 | -9.8% |
| Recurring financial charges | 65 | €245 | €221 | -€24 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €5,928 | -€7,107 | -€13,035 | |
| Income taxes | 67/77 | €2,293 | - | -€2,293 | |
| Profit (loss) for the period | 9904 | €3,635 | -€7,107 | -€10,742 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,635 | -€7,107 | -€10,742 |
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 23 October 2026 via checked.be.