HAPPY COLOR: 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.
HAPPY COLOR
Largest movements
- Receivables within one year +€3,200
up €3,200 (+67.6%), from €4,731 to €7,931
- Financial fixed assets -€2,400
no longer reported in 2024 (was €2,400)
- Cash +€2,024
up €2,024 (+139%), from €1,452 to €3,475
mainly Other debts (+€12,458) and Tax, wage and social debts (+€4,370)
- Other debts +€12,458
up €12,458 (+21.3%), from €58,437 to €70,895
- Profit (loss) carried forward -€7,532
down €7,532 (-6.0%), from -€126,510 to -€134,043
- Trade debts -€6,641
down €6,641 (-15.6%), from €42,679 to €36,038
- Tax, wage and social debts +€4,370
up €4,370 (+21.3%), from €20,535 to €24,906
- Gross operating margin -€6,547
down €6,547 (-47.5%), from €13,796 to €7,249
- Depreciation -€4,213
down €4,213 (-96.2%), from €4,381 to €169
- Other operating charges +€4,021
up €4,021 (+205%), from €1,962 to €5,983
- Financial charges -€462
down €462 (-40.4%), from €1,142 to €680
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 | €49,053 | €51,709 | +€2,655 | +5.4% |
| Fixed assets | 21/28 | €2,870 | €302 | -€2,569 | -89.5% |
| Tangible fixed assets | 22/27 | €470 | €302 | -€169 | -35.9% |
| Furniture and vehicles | 24 | €470 | €302 | -€169 | -35.9% |
| Financial fixed assets | 28 | €2,400 | - | -€2,400 | |
| Current assets | 29/58 | €46,183 | €51,407 | +€5,224 | +11.3% |
| Stocks and contracts in progress | 3 | €40,000 | €40,000 | = | 0.0% |
| Stocks | 30/36 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,731 | €7,931 | +€3,200 | +67.6% |
| Other amounts receivable | 41 | €4,731 | €7,931 | +€3,200 | +67.6% |
| Cash at bank and in hand | 54/58 | €1,452 | €3,475 | +€2,024 | +139% |
| Total equity and liabilities | 10/49 | €49,053 | €51,709 | +€2,655 | +5.4% |
| Equity | 10/15 | -€72,597 | -€80,130 | -€7,532 | -10.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €41,513 | €41,513 | = | 0.0% |
| Distributable reserves | 133 | €41,513 | €41,513 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,510 | -€134,043 | -€7,532 | -6.0% |
| Amounts payable | 17/49 | €121,651 | €131,838 | +€10,188 | +8.4% |
| Amounts payable within one year | 42/48 | €121,651 | €131,838 | +€10,188 | +8.4% |
| Trade debts | 44 | €42,679 | €36,038 | -€6,641 | -15.6% |
| Suppliers | 440/4 | €42,679 | €36,038 | -€6,641 | -15.6% |
| Taxes, remuneration and social security | 45 | €20,535 | €24,906 | +€4,370 | +21.3% |
| Taxes | 450/3 | €20,535 | €24,906 | +€4,370 | +21.3% |
| Other amounts payable | 47/48 | €58,437 | €70,895 | +€12,458 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,381 | €169 | -€4,213 | -96.2% |
| Other operating charges | 640/8 | €1,962 | €5,983 | +€4,021 | +205% |
| Non-recurring operating charges | 66A | - | €7,950 | +€7,950 | |
| Gross operating margin | 9900 | €13,796 | €7,249 | -€6,547 | -47.5% |
| Operating profit (loss) | 9901 | €7,453 | -€6,852 | -€14,305 | |
| Financial income | 75/76B | €55 | - | -€55 | |
| Recurring financial income | 75 | €55 | - | -€55 | |
| Financial charges | 65/66B | €1,142 | €680 | -€462 | -40.4% |
| Recurring financial charges | 65 | €1,142 | €680 | -€462 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €6,366 | -€7,532 | -€13,898 | |
| Profit (loss) for the period | 9904 | €6,366 | -€7,532 | -€13,898 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,366 | -€7,532 | -€13,898 |
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 26 October 2026 via checked.be.