ISABELLE DERSON: 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.
ISABELLE DERSON
Largest movements
- Cash +€38,570
up €38,570 (+26.2%), from €147,258 to €185,829
mainly Net result for the year (+€41,556) and Other debts (+€39,603)
- Other debts +€39,603
up €39,603 (+1627.1%), from €2,434 to €42,037
- Gross operating margin +€14,463
up €14,463 (+30.2%), from €47,915 to €62,379
- Taxes +€3,873
up €3,873 (+25.1%), from €15,457 to €19,331
- Write-downs +€1,329
new in 2024: €1,329
- Financial income +€1,104
up €1,104 (+645.2%), from €171 to €1,275
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 | €166,545 | €206,004 | +€39,459 | +23.7% |
| Fixed assets | 21/28 | €3,884 | €5,112 | +€1,228 | +31.6% |
| Tangible fixed assets | 22/27 | €884 | €2,112 | +€1,228 | +138.9% |
| Plant, machinery and equipment | 23 | €884 | €2,112 | +€1,228 | +138.9% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €162,661 | €200,892 | +€38,232 | +23.5% |
| Amounts receivable within one year | 40/41 | €15,301 | €15,014 | -€287 | -1.9% |
| Trade receivables | 40 | €15,301 | €15,014 | -€287 | -1.9% |
| Cash at bank and in hand | 54/58 | €147,258 | €185,829 | +€38,570 | +26.2% |
| Deferred charges and accrued income | 490/1 | €102 | €50 | -€52 | -50.8% |
| Total equity and liabilities | 10/49 | €166,545 | €206,004 | +€39,459 | +23.7% |
| Equity | 10/15 | €150,379 | €148,495 | -€1,884 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €130,963 | €129,078 | -€1,885 | -1.4% |
| 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 | €129,103 | €127,218 | -€1,885 | -1.5% |
| Profit (loss) carried forward | 14 | €817 | €817 | +€1 | +0.1% |
| Amounts payable | 17/49 | €16,166 | €57,509 | +€41,344 | +255.7% |
| Amounts payable within one year | 42/48 | €15,666 | €57,009 | +€41,344 | +263.9% |
| Trade debts | 44 | €105 | €74 | -€31 | -29.5% |
| Suppliers | 440/4 | €105 | €74 | -€31 | -29.5% |
| Taxes, remuneration and social security | 45 | €13,126 | €14,898 | +€1,772 | +13.5% |
| Taxes | 450/3 | €11,710 | €14,762 | +€3,052 | +26.1% |
| Remuneration and social security | 454/9 | €1,416 | €136 | -€1,280 | -90.4% |
| Other amounts payable | 47/48 | €2,434 | €42,037 | +€39,603 | +1627.1% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €870 | +€291 | +50.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,329 | +€1,329 | |
| Other operating charges | 640/8 | - | €384 | +€384 | |
| Gross operating margin | 9900 | €47,915 | €62,379 | +€14,463 | +30.2% |
| Operating profit (loss) | 9901 | €47,337 | €59,796 | +€12,459 | +26.3% |
| Financial income | 75/76B | €171 | €1,275 | +€1,104 | +645.2% |
| Recurring financial income | 75 | €171 | €1,275 | +€1,104 | +645.2% |
| Financial charges | 65/66B | €1 | €184 | +€183 | +14967.2% |
| Recurring financial charges | 65 | €1 | €184 | +€183 | +14967.2% |
| Profit (loss) for the period before taxes | 9903 | €47,507 | €60,887 | +€13,380 | +28.2% |
| Income taxes | 67/77 | €15,457 | €19,331 | +€3,873 | +25.1% |
| Profit (loss) for the period | 9904 | €32,050 | €41,556 | +€9,506 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,050 | €41,556 | +€9,506 | +29.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.