INSIDE SD: 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.
INSIDE SD
Largest movements
- Receivables within one year +€186,390
up €186,390 (+177.1%), from €105,265 to €291,655
of which Trade receivables: +€195,208
- Cash -€7,555
down €7,555 (-61.0%), from €12,379 to €4,824
mainly Receivables within one year (-€186,390) and Debts after one year (-€21,282)
- Stocks and contracts +€3,987
new in 2024: €3,987
- Trade debts +€141,199
up €141,199 (+1069.8%), from €13,199 to €154,398
- Other debts +€56,042
new in 2024: €56,042
- Debts after one year -€21,282
down €21,282 (-44.7%), from €47,561 to €26,279
- Profit (loss) carried forward +€9,837
up €9,837 (+30.5%), from €32,255 to €42,092
- Tax, wage and social debts -€3,453
down €3,453 (-56.6%), from €6,106 to €2,653
- Gross operating margin +€3,648
up €3,648 (+29.0%), from €12,559 to €16,206
- Financial charges +€1,526
up €1,526 (+64.9%), from €2,353 to €3,879
- Taxes +€1,231
up €1,231 (+696.3%), from €177 to €1,408
- Financial income -€668
down €668 (-99.5%), from €671 to €3
- Depreciation +€338
up €338 (+93.8%), from €361 to €699
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
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 | €118,005 | €301,413 | +€183,408 | +155.4% |
| Fixed assets | 21/28 | €361 | €947 | +€586 | +162.4% |
| Tangible fixed assets | 22/27 | €361 | €947 | +€586 | +162.4% |
| Plant, machinery and equipment | 23 | €361 | €947 | +€586 | +162.4% |
| Current assets | 29/58 | €117,644 | €300,466 | +€182,822 | +155.4% |
| Stocks and contracts in progress | 3 | - | €3,987 | +€3,987 | |
| Stocks | 30/36 | - | €3,987 | +€3,987 | |
| Amounts receivable within one year | 40/41 | €105,265 | €291,655 | +€186,390 | +177.1% |
| Trade receivables | 40 | €93,579 | €288,787 | +€195,208 | +208.6% |
| Other amounts receivable | 41 | €11,686 | €2,868 | -€8,818 | -75.5% |
| Cash at bank and in hand | 54/58 | €12,379 | €4,824 | -€7,555 | -61.0% |
| Total equity and liabilities | 10/49 | €118,005 | €301,413 | +€183,408 | +155.4% |
| Equity | 10/15 | €34,755 | €44,592 | +€9,837 | +28.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,255 | €42,092 | +€9,837 | +30.5% |
| Amounts payable | 17/49 | €83,250 | €256,821 | +€173,571 | +208.5% |
| Amounts payable after more than one year | 17 | €47,561 | €26,279 | -€21,282 | -44.7% |
| Financial debts | 170/4 | €47,561 | €26,279 | -€21,282 | -44.7% |
| Amounts payable within one year | 42/48 | €35,689 | €230,542 | +€194,853 | +546.0% |
| Current portion of amounts payable after more than one year | 42 | €16,385 | €17,450 | +€1,065 | +6.5% |
| Trade debts | 44 | €13,199 | €154,398 | +€141,199 | +1069.8% |
| Suppliers | 440/4 | €13,199 | €154,398 | +€141,199 | +1069.8% |
| Taxes, remuneration and social security | 45 | €6,106 | €2,653 | -€3,453 | -56.6% |
| Taxes | 450/3 | €6,106 | €2,653 | -€3,453 | -56.6% |
| Other amounts payable | 47/48 | - | €56,042 | +€56,042 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361 | €699 | +€338 | +93.8% |
| Other operating charges | 640/8 | €434 | €387 | -€47 | -10.8% |
| Non-recurring operating charges | 66A | €25 | - | -€25 | |
| Gross operating margin | 9900 | €12,559 | €16,206 | +€3,648 | +29.0% |
| Operating profit (loss) | 9901 | €11,738 | €15,120 | +€3,381 | +28.8% |
| Financial income | 75/76B | €671 | €3 | -€668 | -99.5% |
| Recurring financial income | 75 | €671 | €3 | -€668 | -99.5% |
| Financial charges | 65/66B | €2,353 | €3,879 | +€1,526 | +64.9% |
| Recurring financial charges | 65 | €2,353 | €3,879 | +€1,526 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €10,057 | €11,244 | +€1,187 | +11.8% |
| Income taxes | 67/77 | €177 | €1,408 | +€1,231 | +696.3% |
| Profit (loss) for the period | 9904 | €9,880 | €9,837 | -€43 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,880 | €9,837 | -€43 | -0.4% |
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 9 October 2026 via checked.be.