GET IT CLEAN: 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.
GET IT CLEAN
Largest movements
- Receivables within one year +€24,209
up €24,209 (+8.9%), from €272,081 to €296,290
of which Other amounts receivable: +€30,174
- Cash +€12,514
up €12,514 (+1083.7%), from €1,155 to €13,668
mainly Net result for the year (+€43,596) and Tax, wage and social debts (+€21,149)
- Tangible fixed assets -€10,921
down €10,921 (-30.2%), from €36,164 to €25,243
of which Furniture and vehicles: -€10,522
- Reserves +€43,596
new in 2024: €43,596
- Trade debts -€31,057
down €31,057 (-21.8%), from €142,473 to €111,416
- Tax, wage and social debts +€21,149
up €21,149 (+77.4%), from €27,318 to €48,468
of which Taxes: +€22,158
- Debts after one year -€8,267
down €8,267 (-50.4%), from €16,388 to €8,121
- Gross operating margin -€15,729
down €15,729 (-13.9%), from €112,861 to €97,131
- Other operating charges +€13,911
up €13,911 (+346.0%), from €4,020 to €17,932
- Staff costs -€7,218
down €7,218 (-92.7%), from €7,782 to €564
- Depreciation +€3,631
up €3,631 (+49.8%), from €7,290 to €10,921
- Taxes +€2,136
up €2,136 (+10.1%), from €21,216 to €23,352
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 | €310,772 | €336,710 | +€25,938 | +8.3% |
| Fixed assets | 21/28 | €37,536 | €26,615 | -€10,921 | -29.1% |
| Tangible fixed assets | 22/27 | €36,164 | €25,243 | -€10,921 | -30.2% |
| Plant, machinery and equipment | 23 | €399 | - | -€399 | |
| Furniture and vehicles | 24 | €35,765 | €25,243 | -€10,522 | -29.4% |
| Financial fixed assets | 28 | €1,372 | €1,372 | = | 0.0% |
| Current assets | 29/58 | €273,236 | €310,095 | +€36,859 | +13.5% |
| Amounts receivable within one year | 40/41 | €272,081 | €296,290 | +€24,209 | +8.9% |
| Trade receivables | 40 | €262,514 | €256,548 | -€5,966 | -2.3% |
| Other amounts receivable | 41 | €9,567 | €39,742 | +€30,174 | +315.4% |
| Cash at bank and in hand | 54/58 | €1,155 | €13,668 | +€12,514 | +1083.7% |
| Deferred charges and accrued income | 490/1 | - | €137 | +€137 | |
| Total equity and liabilities | 10/49 | €310,772 | €336,710 | +€25,938 | +8.3% |
| Equity | 10/15 | €116,841 | €159,605 | +€42,763 | +36.6% |
| Reserves | 13 | - | €43,596 | +€43,596 | |
| Distributable reserves | 133 | - | €43,596 | +€43,596 | |
| Profit (loss) carried forward | 14 | €116,841 | €116,008 | -€833 | -0.7% |
| Amounts payable | 17/49 | €193,930 | €177,105 | -€16,825 | -8.7% |
| Amounts payable after more than one year | 17 | €16,388 | €8,121 | -€8,267 | -50.4% |
| Financial debts | 170/4 | €16,388 | €8,121 | -€8,267 | -50.4% |
| Amounts payable within one year | 42/48 | €177,483 | €168,984 | -€8,499 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €7,691 | €8,267 | +€576 | +7.5% |
| Trade debts | 44 | €142,473 | €111,416 | -€31,057 | -21.8% |
| Suppliers | 440/4 | €142,473 | €111,416 | -€31,057 | -21.8% |
| Taxes, remuneration and social security | 45 | €27,318 | €48,468 | +€21,149 | +77.4% |
| Taxes | 450/3 | €25,746 | €47,903 | +€22,158 | +86.1% |
| Remuneration and social security | 454/9 | €1,573 | €564 | -€1,008 | -64.1% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Accrued charges and deferred income | 492/3 | €60 | - | -€60 | |
| Remuneration, social security and pensions | 62 | €7,782 | €564 | -€7,218 | -92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,290 | €10,921 | +€3,631 | +49.8% |
| Other operating charges | 640/8 | €4,020 | €17,932 | +€13,911 | +346.0% |
| Gross operating margin | 9900 | €112,861 | €97,131 | -€15,729 | -13.9% |
| Operating profit (loss) | 9901 | €93,768 | €67,714 | -€26,053 | -27.8% |
| Financial income | 75/76B | €265 | €1,547 | +€1,281 | +482.7% |
| Recurring financial income | 75 | €265 | €1,547 | +€1,281 | +482.7% |
| Financial charges | 65/66B | €992 | €2,312 | +€1,320 | +133.0% |
| Recurring financial charges | 65 | €992 | €2,312 | +€1,320 | +133.0% |
| Profit (loss) for the period before taxes | 9903 | €93,040 | €66,949 | -€26,092 | -28.0% |
| Income taxes | 67/77 | €21,216 | €23,352 | +€2,136 | +10.1% |
| Profit (loss) for the period | 9904 | €71,824 | €43,596 | -€28,228 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,824 | €43,596 | -€28,228 | -39.3% |
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 6 October 2026 via checked.be.