HAPPY NOTES: 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 NOTES
Largest movements
- Receivables within one year +€180
up €180 (+71.7%), from €251 to €430
- Cash -€23
no longer reported in 2024 (was €23)
mainly Net result for the year (-€937) and Short-term financial debts (-€440)
- Other debts +€1,534
up €1,534 (+4.4%), from €34,591 to €36,125
- Profit (loss) carried forward -€937
down €937 (-0.4%), from -€221,064 to -€222,001
- Short-term financial debts -€440
no longer reported in 2024 (was €440)
- Gross operating margin -€2,941
down €2,941, from €2,021 to -€919
- Other operating charges -€274
no longer reported in 2024 (was €274)
- Financial charges -€49
down €49 (-73.2%), from €67 to €18
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 | €274 | €430 | +€156 | +57.2% |
| Current assets | 29/58 | €274 | €430 | +€156 | +57.2% |
| Amounts receivable within one year | 40/41 | €251 | €430 | +€180 | +71.7% |
| Other amounts receivable | 41 | €251 | €430 | +€180 | +71.7% |
| Cash at bank and in hand | 54/58 | €23 | - | -€23 | |
| Total equity and liabilities | 10/49 | €274 | €430 | +€156 | +57.2% |
| Equity | 10/15 | -€176,458 | -€177,395 | -€937 | -0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €26,014 | €26,014 | = | 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% |
| Distributable reserves | 133 | €24,155 | €24,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€221,064 | -€222,001 | -€937 | -0.4% |
| Amounts payable | 17/49 | €176,732 | €177,825 | +€1,094 | +0.6% |
| Amounts payable after more than one year | 17 | €140,000 | €140,000 | = | 0.0% |
| Other amounts payable | 178/9 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €36,732 | €37,825 | +€1,094 | +3.0% |
| Financial debts | 43 | €440 | - | -€440 | |
| Credit institutions | 430/8 | €440 | - | -€440 | |
| Trade debts | 44 | €1,204 | €1,204 | = | 0.0% |
| Suppliers | 440/4 | €1,204 | €1,204 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €497 | €497 | = | 0.0% |
| Taxes | 450/3 | €497 | €497 | = | 0.0% |
| Other amounts payable | 47/48 | €34,591 | €36,125 | +€1,534 | +4.4% |
| Other operating charges | 640/8 | €274 | - | -€274 | |
| Gross operating margin | 9900 | €2,021 | -€919 | -€2,941 | |
| Operating profit (loss) | 9901 | €1,747 | -€919 | -€2,667 | |
| Financial charges | 65/66B | €67 | €18 | -€49 | -73.2% |
| Recurring financial charges | 65 | €67 | €18 | -€49 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €1,680 | -€937 | -€2,617 | |
| Profit (loss) for the period | 9904 | €1,680 | -€937 | -€2,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,680 | -€937 | -€2,617 |
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 15 October 2026 via checked.be.