Good Display: 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.
Good Display
Largest movements
- Receivables within one year +€177,929
up €177,929 (+77.9%), from €228,471 to €406,400
of which Other amounts receivable: +€119,295
- Cash -€39,222
no longer reported in 2024 (was €39,222)
mainly Receivables within one year (-€177,929) and Net result for the year (-€10,069)
- Deferred charges and accrued income +€9,699
up €9,699 (+782.5%), from €1,240 to €10,939
- Trade debts +€125,355
up €125,355 (+234.7%), from €53,403 to €178,758
- Tax, wage and social debts +€35,470
up €35,470 (+26.7%), from €132,625 to €168,095
of which Taxes: +€47,587
- Profit (loss) carried forward -€10,069
down €10,069 (-49.1%), from -€20,528 to -€30,597
- Other debts -€8,062
down €8,062 (-51.2%), from €15,750 to €7,688
- Staff costs -€97,076
down €97,076 (-14.2%), from €682,343 to €585,267
- Gross operating margin +€80,697
up €80,697 (+14.4%), from €560,330 to €641,027
- Financial charges +€14,468
up €14,468 (+60.8%), from €23,778 to €38,246
- Other operating charges +€13,360
up €13,360 (+336.5%), from €3,970 to €17,330
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 | €271,199 | €419,572 | +€148,374 | +54.7% |
| Fixed assets | 21/28 | €2,267 | €2,233 | -€34 | -1.5% |
| Tangible fixed assets | 22/27 | €567 | €533 | -€34 | -5.9% |
| Furniture and vehicles | 24 | €567 | €533 | -€34 | -5.9% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €268,932 | €417,339 | +€148,407 | +55.2% |
| Amounts receivable within one year | 40/41 | €228,471 | €406,400 | +€177,929 | +77.9% |
| Trade receivables | 40 | €220,471 | €279,105 | +€58,635 | +26.6% |
| Other amounts receivable | 41 | €8,000 | €127,295 | +€119,295 | +1491.2% |
| Cash at bank and in hand | 54/58 | €39,222 | - | -€39,222 | |
| Deferred charges and accrued income | 490/1 | €1,240 | €10,939 | +€9,699 | +782.5% |
| Total equity and liabilities | 10/49 | €271,199 | €419,572 | +€148,374 | +54.7% |
| Equity | 10/15 | -€76 | -€10,145 | -€10,069 | -13184.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,528 | -€30,597 | -€10,069 | -49.1% |
| Amounts payable | 17/49 | €271,275 | €429,718 | +€158,443 | +58.4% |
| Amounts payable within one year | 42/48 | €271,275 | €429,718 | +€158,443 | +58.4% |
| Current portion of amounts payable after more than one year | 42 | €9,497 | €11,248 | +€1,751 | +18.4% |
| Financial debts | 43 | €60,000 | €63,929 | +€3,929 | +6.5% |
| Credit institutions | 430/8 | €60,000 | €60,000 | = | 0.0% |
| Other loans | 439 | - | €3,929 | +€3,929 | |
| Trade debts | 44 | €53,403 | €178,758 | +€125,355 | +234.7% |
| Suppliers | 440/4 | €53,403 | €178,758 | +€125,355 | +234.7% |
| Taxes, remuneration and social security | 45 | €132,625 | €168,095 | +€35,470 | +26.7% |
| Taxes | 450/3 | €52,407 | €99,994 | +€47,587 | +90.8% |
| Remuneration and social security | 454/9 | €80,218 | €68,101 | -€12,117 | -15.1% |
| Other amounts payable | 47/48 | €15,750 | €7,688 | -€8,062 | -51.2% |
| Remuneration, social security and pensions | 62 | €682,343 | €585,267 | -€97,076 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,556 | €1,725 | +€168 | +10.8% |
| Other operating charges | 640/8 | €3,970 | €17,330 | +€13,360 | +336.5% |
| Gross operating margin | 9900 | €560,330 | €641,027 | +€80,697 | +14.4% |
| Operating profit (loss) | 9901 | -€127,540 | €36,705 | +€164,245 | |
| Financial income | 75/76B | €266 | €1,239 | +€973 | +366.0% |
| Recurring financial income | 75 | €266 | €1,239 | +€973 | +366.0% |
| Financial charges | 65/66B | €23,778 | €38,246 | +€14,468 | +60.8% |
| Recurring financial charges | 65 | €23,778 | €38,246 | +€14,468 | +60.8% |
| Profit (loss) for the period before taxes | 9903 | -€151,052 | -€302 | +€150,750 | +99.8% |
| Income taxes | 67/77 | €5,296 | €9,767 | +€4,471 | +84.4% |
| Profit (loss) for the period | 9904 | -€156,348 | -€10,069 | +€146,279 | +93.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€156,348 | -€10,069 | +€146,279 | +93.6% |
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 5 October 2026 via checked.be.