Hired: 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.
Hired
Largest movements
- Receivables within one year +€26,505
up €26,505 (+80.9%), from €32,778 to €59,282
of which Other amounts receivable: +€33,553
- Tangible fixed assets -€17,281
down €17,281 (-20.7%), from €83,471 to €66,189
- Debts after one year -€12,713
down €12,713 (-24.2%), from €52,479 to €39,766
- Short-term financial debts +€10,433
up €10,433 (+234.7%), from €4,445 to €14,879
- Tax, wage and social debts +€7,946
up €7,946 (+35.8%), from €22,221 to €30,167
of which Taxes: +€5,496
- Reserves +€3,948
up €3,948 (+18.2%), from €21,689 to €25,637
- Depreciation +€14,346
up €14,346 (+488.7%), from €2,935 to €17,281
- Taxes -€4,589
down €4,589 (-60.6%), from €7,575 to €2,986
- Other operating charges +€4,360
up €4,360 (+248.2%), from €1,757 to €6,116
- Financial charges +€3,223
up €3,223 (+247.0%), from €1,305 to €4,528
- Gross operating margin -€1,853
down €1,853 (-5.3%), from €34,975 to €33,122
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,248 | €125,471 | +€9,223 | +7.9% |
| Fixed assets | 21/28 | €83,471 | €66,189 | -€17,281 | -20.7% |
| Tangible fixed assets | 22/27 | €83,471 | €66,189 | -€17,281 | -20.7% |
| Furniture and vehicles | 24 | €83,471 | €66,189 | -€17,281 | -20.7% |
| Current assets | 29/58 | €32,778 | €59,282 | +€26,505 | +80.9% |
| Amounts receivable within one year | 40/41 | €32,778 | €59,282 | +€26,505 | +80.9% |
| Trade receivables | 40 | €20,691 | €13,643 | -€7,048 | -34.1% |
| Other amounts receivable | 41 | €12,087 | €45,639 | +€33,553 | +277.6% |
| Total equity and liabilities | 10/49 | €116,248 | €125,471 | +€9,223 | +7.9% |
| Equity | 10/15 | €23,689 | €27,637 | +€3,948 | +16.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €21,689 | €25,637 | +€3,948 | +18.2% |
| Distributable reserves | 133 | €21,689 | €25,637 | +€3,948 | +18.2% |
| Amounts payable | 17/49 | €92,559 | €97,834 | +€5,275 | +5.7% |
| Amounts payable after more than one year | 17 | €52,479 | €39,766 | -€12,713 | -24.2% |
| Financial debts | 170/4 | €52,479 | €39,766 | -€12,713 | -24.2% |
| Amounts payable within one year | 42/48 | €40,080 | €58,068 | +€17,988 | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €12,069 | €12,713 | +€644 | +5.3% |
| Financial debts | 43 | €4,445 | €14,879 | +€10,433 | +234.7% |
| Credit institutions | 430/8 | €4,445 | €14,879 | +€10,433 | +234.7% |
| Trade debts | 44 | €1,344 | €309 | -€1,035 | -77.0% |
| Suppliers | 440/4 | €1,344 | €309 | -€1,035 | -77.0% |
| Taxes, remuneration and social security | 45 | €22,221 | €30,167 | +€7,946 | +35.8% |
| Taxes | 450/3 | €20,996 | €26,492 | +€5,496 | +26.2% |
| Remuneration and social security | 454/9 | €1,225 | €3,675 | +€2,450 | +200.0% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,935 | €17,281 | +€14,346 | +488.7% |
| Other operating charges | 640/8 | €1,757 | €6,116 | +€4,360 | +248.2% |
| Gross operating margin | 9900 | €34,975 | €33,122 | -€1,853 | -5.3% |
| Operating profit (loss) | 9901 | €30,283 | €9,689 | -€20,594 | -68.0% |
| Financial income | 75/76B | €287 | €1,773 | +€1,486 | +518.4% |
| Recurring financial income | 75 | €287 | €1,773 | +€1,486 | +518.4% |
| Financial charges | 65/66B | €1,305 | €4,528 | +€3,223 | +247.0% |
| Recurring financial charges | 65 | €1,305 | €4,528 | +€3,223 | +247.0% |
| Profit (loss) for the period before taxes | 9903 | €29,265 | €6,934 | -€22,331 | -76.3% |
| Income taxes | 67/77 | €7,575 | €2,986 | -€4,589 | -60.6% |
| Profit (loss) for the period | 9904 | €21,689 | €3,948 | -€17,741 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,689 | €3,948 | -€17,741 | -81.8% |
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 10 October 2026 via checked.be.