iMAGE: 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.
iMAGE
Largest movements
- Cash -€23,197
down €23,197 (-67.9%), from €34,180 to €10,983
mainly Receivables within one year (-€14,371) and Investment in fixed assets (net) (-€12,982)
- Receivables within one year +€14,371
up €14,371 (+57.8%), from €24,875 to €39,246
of which Trade receivables: +€9,207
- Tangible fixed assets +€9,685
up €9,685 (+151%), from €6,420 to €16,105
of which Furniture and vehicles: +€10,676
- Stocks and contracts +€6,635
new in 2024: €6,635
- Reserves +€9,000
new in 2024: €9,000
- Tax, wage and social debts -€1,660
down €1,660 (-9.8%), from €16,991 to €15,331
- Gross operating margin +€11,719
up €11,719 (+160%), from €7,316 to €19,035
- Financial income +€4,774
up €4,774 (+6,043%), from €79 to €4,853
of which Non-recurring financial income: +€4,074
- Other operating charges +€4,538
new in 2024: €4,538
- Taxes +€4,064
up €4,064 (+375%), from €1,083 to €5,147
- Depreciation -€1,204
down €1,204 (-26.8%), from €4,501 to €3,297
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 | €65,475 | €73,053 | +€7,578 | +11.6% |
| Fixed assets | 21/28 | €6,420 | €16,105 | +€9,685 | +151% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €6,420 | €16,105 | +€9,685 | +151% |
| Plant, machinery and equipment | 23 | €1,507 | €516 | -€991 | -65.8% |
| Furniture and vehicles | 24 | €4,913 | €15,589 | +€10,676 | +217% |
| Current assets | 29/58 | €59,055 | €56,947 | -€2,108 | -3.6% |
| Stocks and contracts in progress | 3 | - | €6,635 | +€6,635 | |
| Stocks | 30/36 | - | €6,635 | +€6,635 | |
| Amounts receivable within one year | 40/41 | €24,875 | €39,246 | +€14,371 | +57.8% |
| Trade receivables | 40 | €18,950 | €28,157 | +€9,207 | +48.6% |
| Other amounts receivable | 41 | €5,925 | €11,089 | +€5,164 | +87.2% |
| Cash at bank and in hand | 54/58 | €34,180 | €10,983 | -€23,197 | -67.9% |
| Deferred charges and accrued income | 490/1 | - | €84 | +€84 | |
| Total equity and liabilities | 10/49 | €65,475 | €73,053 | +€7,578 | +11.6% |
| Equity | 10/15 | €48,484 | €57,581 | +€9,097 | +18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €9,000 | +€9,000 | |
| Distributable reserves | 133 | - | €9,000 | +€9,000 | |
| Profit (loss) carried forward | 14 | €29,884 | €29,981 | +€97 | +0.3% |
| Amounts payable | 17/49 | €16,991 | €15,471 | -€1,520 | -8.9% |
| Amounts payable within one year | 42/48 | €16,991 | €15,471 | -€1,520 | -8.9% |
| Suppliers | 440/4 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €16,991 | €15,331 | -€1,660 | -9.8% |
| Taxes | 450/3 | €16,991 | €15,331 | -€1,660 | -9.8% |
| Other amounts payable | 47/48 | - | €140 | +€140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,501 | €3,297 | -€1,204 | -26.8% |
| Other operating charges | 640/8 | - | €4,538 | +€4,538 | |
| Non-recurring operating charges | 66A | - | €1,080 | +€1,080 | |
| Gross operating margin | 9900 | €7,316 | €19,035 | +€11,719 | +160% |
| Operating profit (loss) | 9901 | €2,815 | €10,121 | +€7,306 | +260% |
| Financial income | 75/76B | €79 | €4,853 | +€4,774 | +6,043% |
| Recurring financial income | 75 | €79 | €779 | +€700 | +886% |
| Non-recurring financial income | 76B | - | €4,074 | +€4,074 | |
| Financial charges | 65/66B | €777 | €730 | -€47 | -6.0% |
| Recurring financial charges | 65 | €777 | €730 | -€47 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €2,117 | €14,244 | +€12,127 | +573% |
| Income taxes | 67/77 | €1,083 | €5,147 | +€4,064 | +375% |
| Profit (loss) for the period | 9904 | €1,034 | €9,097 | +€8,063 | +780% |
| Profit (loss) for the period to be appropriated | 9905 | €1,034 | €9,097 | +€8,063 | +780% |
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 18 October 2026 via checked.be.