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INTERIM SOLUTIONS: 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.

What changed

INTERIM SOLUTIONS

BE 0833.121.023
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€48,186
2023 · -€79,026+€30,840
Equity
€75,551
2023 · €155,660-€80,109
Cash
€8,792
2023 · €49,673-€40,881
Balance sheet total
€77,111
2023 · €159,201-€82,091

Largest movements

2023 to 2024
Assets
  • Cash -€40,881

    down €40,881 (-82.3%), from €49,673 to €8,792

    mainly Net result for the year (-€48,186) and Contributions, distributions and other (-€31,923)

  • Receivables after one year -€28,046

    down €28,046 (-31.4%), from €89,371 to €61,325

  • Receivables within one year -€13,175

    down €13,175 (-68.8%), from €19,154 to €5,979

Equity and liabilities
  • Profit (loss) carried forward -€48,186

    down €48,186 (-66.4%), from -€72,538 to -€120,723

  • Reserves -€31,923

    down €31,923 (-14.8%), from €215,797 to €183,874

  • Tax, wage and social debts -€2,065

    down €2,065 (-100.0%), from €2,065 to €0

Income statement
  • Gross operating margin +€30,331

    up €30,331 (+37.8%), from -€80,220 to -€49,890

  • Depreciation -€1,399

    down €1,399 (-100.0%), from €1,399 to €0

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€79,026
Gross operating margin +€30,331
Depreciation +€1,399
Other operating charges -€387
Financial income -€800
Financial charges +€298
Result 2024 -€48,186

Cash bridge derived

cash 2023 to 2024

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.

From operations -€8,956
Investment -€1
Financing -€31,923
Cash 2023 €49,673
Net result for the year -€48,186
Receivables after one year +€28,046
Receivables within one year +€13,175
Smaller working-capital items +€73
Tax, wage and social debts -€2,065
Current investments -€1
Contributions, distributions and other -€31,923
Cash 2024 €8,792
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €159,201 €77,111 -€82,091 -51.6%
Fixed assets 21/28 €0 - =
Tangible fixed assets 22/27 €0 - =
Furniture and vehicles 24 €0 - =
Other tangible fixed assets 26 €0 - =
Current assets 29/58 €159,201 €77,111 -€82,091 -51.6%
Amounts receivable after more than one year 29 €89,371 €61,325 -€28,046 -31.4%
Trade receivables 290 €89,371 €61,325 -€28,046 -31.4%
Amounts receivable within one year 40/41 €19,154 €5,979 -€13,175 -68.8%
Other amounts receivable 41 €19,154 €5,979 -€13,175 -68.8%
Current investments 50/53 €479 €480 +€1 +0.2%
Cash at bank and in hand 54/58 €49,673 €8,792 -€40,881 -82.3%
Deferred charges and accrued income 490/1 €524 €534 +€10 +2.0%
Total equity and liabilities 10/49 €159,201 €77,111 -€82,091 -51.6%
Equity 10/15 €155,660 €75,551 -€80,109 -51.5%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €215,797 €183,874 -€31,923 -14.8%
Distributable reserves 133 €215,797 €183,874 -€31,923 -14.8%
Profit (loss) carried forward 14 -€72,538 -€120,723 -€48,186 -66.4%
Amounts payable 17/49 €3,542 €1,560 -€1,981 -55.9%
Amounts payable within one year 42/48 €3,542 €1,560 -€1,981 -55.9%
Trade debts 44 €29 €0 -€29 -100.0%
Suppliers 440/4 €29 €0 -€29 -100.0%
Taxes, remuneration and social security 45 €2,065 €0 -€2,065 -100.0%
Taxes 450/3 €2,065 €0 -€2,065 -100.0%
Other amounts payable 47/48 €1,448 €1,560 +€112 +7.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,399 €0 -€1,399 -100.0%
Other operating charges 640/8 €0 €387 +€387
Gross operating margin 9900 -€80,220 -€49,890 +€30,331 +37.8%
Operating profit (loss) 9901 -€81,619 -€50,277 +€31,342 +38.4%
Financial income 75/76B €3,082 €2,282 -€800 -26.0%
Recurring financial income 75 €3,082 €2,282 -€800 -26.0%
Financial charges 65/66B €489 €191 -€298 -60.9%
Recurring financial charges 65 €489 €191 -€298 -60.9%
Profit (loss) for the period before taxes 9903 -€79,026 -€48,186 +€30,840 +39.0%
Income taxes 67/77 €0 - =
Profit (loss) for the period 9904 -€79,026 -€48,186 +€30,840 +39.0%
Profit (loss) for the period to be appropriated 9905 -€79,026 -€48,186 +€30,840 +39.0%

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 30 September 2026 via checked.be.