INDIVISUAL: 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.
INDIVISUAL
Largest movements
- Cash -€100,411
down €100,411 (-82.9%), from €121,111 to €20,700
mainly Investment in fixed assets (net) (-€55,025) and Other debts (-€40,084)
- Tangible fixed assets +€44,062
up €44,062 (+164%), from €26,896 to €70,958
of which Land and buildings: +€38,964
- Receivables within one year -€14,377
down €14,377 (-6.6%), from €218,383 to €204,006
of which Trade receivables: -€9,496
- Other debts -€40,084
down €40,084 (-66.3%), from €60,489 to €20,405
- Tax, wage and social debts -€33,474
down €33,474 (-60.5%), from €55,341 to €21,868
of which Remuneration and social security: -€23,342
- Gross operating margin +€7,447
up €7,447 (+56.6%), from €13,165 to €20,611
- Other operating charges +€1,870
up €1,870 (+2,280%), from €82 to €1,952
- Financial income +€380
up €380 (+2,549%), from €15 to €395
- Depreciation -€346
down €346 (-3.1%), from €11,309 to €10,963
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 | €369,128 | €298,403 | -€70,725 | -19.2% |
| Fixed assets | 21/28 | €29,635 | €73,697 | +€44,062 | +149% |
| Tangible fixed assets | 22/27 | €26,896 | €70,958 | +€44,062 | +164% |
| Land and buildings | 22 | €7,736 | €46,700 | +€38,964 | +504% |
| Plant, machinery and equipment | 23 | €6,739 | €8,155 | +€1,416 | +21.0% |
| Furniture and vehicles | 24 | €12,420 | €16,102 | +€3,683 | +29.7% |
| Financial fixed assets | 28 | €2,739 | €2,739 | = | 0.0% |
| Current assets | 29/58 | €339,493 | €224,706 | -€114,788 | -33.8% |
| Amounts receivable within one year | 40/41 | €218,383 | €204,006 | -€14,377 | -6.6% |
| Trade receivables | 40 | €195,591 | €186,095 | -€9,496 | -4.9% |
| Other amounts receivable | 41 | €22,792 | €17,910 | -€4,882 | -21.4% |
| Cash at bank and in hand | 54/58 | €121,111 | €20,700 | -€100,411 | -82.9% |
| Total equity and liabilities | 10/49 | €369,128 | €298,403 | -€70,725 | -19.2% |
| Equity | 10/15 | €211,122 | €214,679 | +€3,556 | +1.7% |
| Contributions | 10/11 | €45,800 | €45,800 | = | 0.0% |
| Reserves | 13 | €241,520 | €241,520 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,820 | €5,820 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,820 | €5,820 | = | 0.0% |
| Distributable reserves | 133 | €235,700 | €235,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,198 | -€72,641 | +€3,556 | +4.7% |
| Amounts payable | 17/49 | €158,006 | €83,724 | -€74,282 | -47.0% |
| Amounts payable within one year | 42/48 | €129,628 | €58,616 | -€71,012 | -54.8% |
| Trade debts | 44 | €13,798 | €16,344 | +€2,546 | +18.5% |
| Suppliers | 440/4 | €13,798 | €16,344 | +€2,546 | +18.5% |
| Taxes, remuneration and social security | 45 | €55,341 | €21,868 | -€33,474 | -60.5% |
| Taxes | 450/3 | €14,563 | €4,432 | -€10,132 | -69.6% |
| Remuneration and social security | 454/9 | €40,778 | €17,436 | -€23,342 | -57.2% |
| Other amounts payable | 47/48 | €60,489 | €20,405 | -€40,084 | -66.3% |
| Accrued charges and deferred income | 492/3 | €28,377 | €25,108 | -€3,269 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,309 | €10,963 | -€346 | -3.1% |
| Other operating charges | 640/8 | €82 | €1,952 | +€1,870 | +2,280% |
| Gross operating margin | 9900 | €13,165 | €20,611 | +€7,447 | +56.6% |
| Operating profit (loss) | 9901 | €1,773 | €7,696 | +€5,923 | +334% |
| Financial income | 75/76B | €15 | €395 | +€380 | +2,549% |
| Recurring financial income | 75 | €15 | €395 | +€380 | +2,549% |
| Financial charges | 65/66B | €4,551 | €4,535 | -€16 | -0.4% |
| Recurring financial charges | 65 | €4,551 | €4,535 | -€16 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,763 | €3,556 | +€6,319 | |
| Profit (loss) for the period | 9904 | -€2,763 | €3,556 | +€6,319 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,763 | €3,556 | +€6,319 |
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 24 October 2026 via checked.be.