GROUPE SET: 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.
GROUPE SET
Largest movements
- Receivables within one year +€53,431
up €53,431 (+104%), from €51,296 to €104,726
of which Trade receivables: +€55,738
- Tangible fixed assets -€4,498
down €4,498 (-42.3%), from €10,631 to €6,133
- Cash +€2,595
new in 2024: €2,595
mainly Tax, wage and social debts (+€44,731) and Depreciation (+€4,498)
- Tax, wage and social debts +€44,731
up €44,731 (+7,952%), from €563 to €45,294
of which Remuneration and social security: +€41,613
- Profit (loss) carried forward +€4,370
up €4,370 (+14.4%), from €30,363 to €34,733
- Trade debts +€4,192
up €4,192 (+47.5%), from €8,828 to €13,020
- Other debts -€3,811
down €3,811 (-25.6%), from €14,883 to €11,073
- Short-term financial debts +€1,878
up €1,878 (+88.6%), from €2,119 to €3,997
- Staff costs +€7,553
up €7,553 (+90.8%), from €8,322 to €15,875
- Depreciation -€4,805
down €4,805 (-51.6%), from €9,303 to €4,498
- Taxes +€4,194
up €4,194, from -€1,063 to €3,131
- Financial charges +€2,624
up €2,624 (+101%), from €2,594 to €5,218
- Gross operating margin -€1,662
down €1,662 (-4.7%), from €35,171 to €33,510
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 | €64,538 | €115,899 | +€51,361 | +79.6% |
| Fixed assets | 21/28 | €10,842 | €6,344 | -€4,498 | -41.5% |
| Tangible fixed assets | 22/27 | €10,631 | €6,133 | -€4,498 | -42.3% |
| Furniture and vehicles | 24 | €10,631 | €6,133 | -€4,498 | -42.3% |
| Financial fixed assets | 28 | €211 | €211 | = | 0.0% |
| Current assets | 29/58 | €53,696 | €109,555 | +€55,859 | +104% |
| Amounts receivable within one year | 40/41 | €51,296 | €104,726 | +€53,431 | +104% |
| Trade receivables | 40 | €42,523 | €98,261 | +€55,738 | +131% |
| Other amounts receivable | 41 | €8,773 | €6,465 | -€2,308 | -26.3% |
| Cash at bank and in hand | 54/58 | - | €2,595 | +€2,595 | |
| Deferred charges and accrued income | 490/1 | €2,400 | €2,233 | -€167 | -7.0% |
| Total equity and liabilities | 10/49 | €64,538 | €115,899 | +€51,361 | +79.6% |
| Equity | 10/15 | €38,146 | €42,516 | +€4,370 | +11.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,583 | €1,583 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,583 | €1,583 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,583 | €1,583 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,363 | €34,733 | +€4,370 | +14.4% |
| Amounts payable | 17/49 | €26,393 | €73,383 | +€46,991 | +178% |
| Amounts payable within one year | 42/48 | €26,393 | €73,383 | +€46,991 | +178% |
| Financial debts | 43 | €2,119 | €3,997 | +€1,878 | +88.6% |
| Credit institutions | 430/8 | €2,119 | €3,997 | +€1,878 | +88.6% |
| Trade debts | 44 | €8,828 | €13,020 | +€4,192 | +47.5% |
| Suppliers | 440/4 | €8,828 | €13,020 | +€4,192 | +47.5% |
| Taxes, remuneration and social security | 45 | €563 | €45,294 | +€44,731 | +7,952% |
| Taxes | 450/3 | €13 | €3,131 | +€3,118 | +24,945% |
| Remuneration and social security | 454/9 | €550 | €42,163 | +€41,613 | +7,566% |
| Other amounts payable | 47/48 | €14,883 | €11,073 | -€3,811 | -25.6% |
| Non-recurring operating income | 76A | €3,599 | - | -€3,599 | |
| Remuneration, social security and pensions | 62 | €8,322 | €15,875 | +€7,553 | +90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,303 | €4,498 | -€4,805 | -51.6% |
| Other operating charges | 640/8 | €1,277 | €474 | -€803 | -62.9% |
| Gross operating margin | 9900 | €35,171 | €33,510 | -€1,662 | -4.7% |
| Operating profit (loss) | 9901 | €16,269 | €12,662 | -€3,607 | -22.2% |
| Financial income | 75/76B | €851 | €56 | -€795 | -93.4% |
| Recurring financial income | 75 | €851 | €56 | -€795 | -93.4% |
| Financial charges | 65/66B | €2,594 | €5,218 | +€2,624 | +101% |
| Recurring financial charges | 65 | €2,594 | €5,218 | +€2,624 | +101% |
| Profit (loss) for the period before taxes | 9903 | €14,527 | €7,501 | -€7,026 | -48.4% |
| Income taxes | 67/77 | -€1,063 | €3,131 | +€4,194 | |
| Profit (loss) for the period | 9904 | €15,590 | €4,370 | -€11,219 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,590 | €4,370 | -€11,219 | -72.0% |
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 19 October 2026 via checked.be.