GUY VANHUFFEL: 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.
GUY VANHUFFEL
Largest movements
- Cash -€3,395
no longer reported in 2024 (was €3,395)
mainly Net result for the year (-€9,878)
- Receivables within one year -€1,863
down €1,863 (-2.7%), from €69,639 to €67,776
of which Trade receivables: -€3,315
- Reserves -€42,641
down €42,641 (-40.3%), from €105,812 to €63,171
- Profit (loss) carried forward +€32,763
no longer reported in 2024 (was -€32,763)
- Trade debts +€3,255
new in 2024: €3,255
- Gross operating margin +€22,779
up €22,779 (+73.7%), from -€30,899 to -€8,120
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 | €74,199 | €68,236 | -€5,963 | -8.0% |
| Fixed assets | 21/28 | €1,165 | €460 | -€705 | -60.5% |
| Tangible fixed assets | 22/27 | €1,165 | €460 | -€705 | -60.5% |
| Furniture and vehicles | 24 | €1,165 | €460 | -€705 | -60.5% |
| Current assets | 29/58 | €73,034 | €67,776 | -€5,258 | -7.2% |
| Amounts receivable within one year | 40/41 | €69,639 | €67,776 | -€1,863 | -2.7% |
| Trade receivables | 40 | €5,880 | €2,565 | -€3,315 | -56.4% |
| Other amounts receivable | 41 | €63,759 | €65,211 | +€1,452 | +2.3% |
| Cash at bank and in hand | 54/58 | €3,395 | - | -€3,395 | |
| Total equity and liabilities | 10/49 | €74,199 | €68,236 | -€5,963 | -8.0% |
| Equity | 10/15 | €74,049 | €64,171 | -€9,878 | -13.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €105,812 | €63,171 | -€42,641 | -40.3% |
| Distributable reserves | 133 | €105,812 | €63,171 | -€42,641 | -40.3% |
| Profit (loss) carried forward | 14 | -€32,763 | - | +€32,763 | |
| Amounts payable | 17/49 | €150 | €4,065 | +€3,915 | +2610.0% |
| Amounts payable within one year | 42/48 | €150 | €3,405 | +€3,255 | +2170.0% |
| Trade debts | 44 | - | €3,255 | +€3,255 | |
| Suppliers | 440/4 | - | €3,255 | +€3,255 | |
| Taxes, remuneration and social security | 45 | €150 | €150 | = | 0.0% |
| Taxes | 450/3 | €150 | €150 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €660 | +€660 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €705 | = | 0.0% |
| Other operating charges | 640/8 | €601 | €660 | +€59 | +9.8% |
| Gross operating margin | 9900 | -€30,899 | -€8,120 | +€22,779 | +73.7% |
| Operating profit (loss) | 9901 | -€32,205 | -€9,485 | +€22,720 | +70.5% |
| Financial charges | 65/66B | €396 | €263 | -€133 | -33.6% |
| Recurring financial charges | 65 | €396 | €263 | -€133 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | -€32,601 | -€9,748 | +€22,853 | +70.1% |
| Income taxes | 67/77 | €162 | €130 | -€32 | -19.8% |
| Profit (loss) for the period | 9904 | -€32,763 | -€9,878 | +€22,885 | +69.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,763 | -€9,878 | +€22,885 | +69.9% |
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 9 October 2026 via checked.be.