INSIDEOUT: what changed
Two fiscal 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.
INSIDEOUT
Largest movements
- Financial fixed assets -€60,000
down €60,000 (-17.6%), from €340,000 to €280,000
- Receivables within one year +€43,336
up €43,336 (+131.8%), from €32,870 to €76,206
of which Trade receivables: +€37,190
- Deferred charges and accrued income +€12,400
up €12,400 (+49.0%), from €25,300 to €37,700
- Cash -€11,124
down €11,124 (-81.1%), from €13,723 to €2,599
mainly Receivables within one year (-€43,336) and Deferred charges and accrued income (-€12,400)
- Profit (loss) carried forward -€8,145
new in 2024: -€8,145
- Tax, wage and social debts -€7,303
down €7,303 (-8.0%), from €91,479 to €84,175
- Gross operating margin -€91,690
down €91,690, from €77,725 to -€13,965
- Taxes -€25,376
down €25,376 (-99.0%), from €25,640 to €264
- Financial income +€2,100
up €2,100 (+20.4%), from €10,300 to €12,400
- Other operating charges -€1,475
down €1,475 (-24.3%), from €6,068 to €4,594
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 | €413,519 | €397,318 | -€16,200 | -3.9% |
| Fixed assets | 21/28 | €341,625 | €280,813 | -€60,813 | -17.8% |
| Tangible fixed assets | 22/27 | €1,625 | €813 | -€813 | -50.0% |
| Furniture and vehicles | 24 | €1,625 | €813 | -€813 | -50.0% |
| Financial fixed assets | 28 | €340,000 | €280,000 | -€60,000 | -17.6% |
| Current assets | 29/58 | €71,894 | €116,506 | +€44,612 | +62.1% |
| Amounts receivable within one year | 40/41 | €32,870 | €76,206 | +€43,336 | +131.8% |
| Trade receivables | 40 | €29,040 | €66,230 | +€37,190 | +128.1% |
| Other amounts receivable | 41 | €3,830 | €9,976 | +€6,146 | +160.5% |
| Cash at bank and in hand | 54/58 | €13,723 | €2,599 | -€11,124 | -81.1% |
| Deferred charges and accrued income | 490/1 | €25,300 | €37,700 | +€12,400 | +49.0% |
| Total equity and liabilities | 10/49 | €413,519 | €397,318 | -€16,200 | -3.9% |
| Equity | 10/15 | €317,957 | €307,755 | -€10,201 | -3.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €305,557 | €303,501 | -€2,056 | -0.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €303,697 | €301,641 | -€2,056 | -0.7% |
| Profit (loss) carried forward | 14 | - | -€8,145 | -€8,145 | |
| Amounts payable | 17/49 | €95,562 | €89,563 | -€5,999 | -6.3% |
| Amounts payable within one year | 42/48 | €95,562 | €89,563 | -€5,999 | -6.3% |
| Trade debts | 44 | €4,083 | €2,567 | -€1,516 | -37.1% |
| Suppliers | 440/4 | €4,083 | €2,567 | -€1,516 | -37.1% |
| Taxes, remuneration and social security | 45 | €91,479 | €84,175 | -€7,303 | -8.0% |
| Taxes | 450/3 | €91,479 | €84,175 | -€7,303 | -8.0% |
| Other amounts payable | 47/48 | - | €2,820 | +€2,820 | |
| Non-recurring operating income | 76A | €2,986 | €3,027 | +€41 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €813 | €813 | = | 0.0% |
| Other operating charges | 640/8 | €6,068 | €4,594 | -€1,475 | -24.3% |
| Gross operating margin | 9900 | €77,725 | -€13,965 | -€91,690 | |
| Operating profit (loss) | 9901 | €70,844 | -€19,372 | -€90,216 | |
| Financial income | 75/76B | €10,300 | €12,400 | +€2,100 | +20.4% |
| Recurring financial income | 75 | €10,300 | €12,400 | +€2,100 | +20.4% |
| Financial charges | 65/66B | €3,586 | €2,966 | -€620 | -17.3% |
| Recurring financial charges | 65 | €3,586 | €2,966 | -€620 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €77,558 | -€9,937 | -€87,496 | |
| Income taxes | 67/77 | €25,640 | €264 | -€25,376 | -99.0% |
| Profit (loss) for the period | 9904 | €51,918 | -€10,201 | -€62,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,918 | -€10,201 | -€62,120 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.