JUST PERFORM: 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.
JUST PERFORM
Largest movements
- Cash +€27,174
up €27,174 (+63.7%), from €42,660 to €69,834
mainly Net result for the year (+€26,428) and Receivables within one year (+€2,118)
- Receivables within one year -€2,118
down €2,118 (-81.6%), from €2,594 to €476
- Tangible fixed assets +€1,554
new in 2024: €1,554
of which Land and buildings: +€1,033
- Reserves +€54,824
new in 2024: €54,824
- Profit (loss) carried forward -€28,396
no longer reported in 2024 (was €28,396)
- Other debts +€1,096
up €1,096 (+26.2%), from €4,179 to €5,275
- Gross operating margin -€2,268
down €2,268 (-6.2%), from €36,297 to €34,029
- Taxes -€453
down €453 (-6.2%), from €7,339 to €6,886
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 | €45,254 | €72,098 | +€26,844 | +59.3% |
| Fixed assets | 21/28 | - | €1,554 | +€1,554 | |
| Tangible fixed assets | 22/27 | - | €1,554 | +€1,554 | |
| Land and buildings | 22 | - | €1,033 | +€1,033 | |
| Plant, machinery and equipment | 23 | - | €521 | +€521 | |
| Current assets | 29/58 | €45,254 | €70,544 | +€25,290 | +55.9% |
| Amounts receivable within one year | 40/41 | €2,594 | €476 | -€2,118 | -81.6% |
| Trade receivables | 40 | €2,594 | €476 | -€2,118 | -81.6% |
| Cash at bank and in hand | 54/58 | €42,660 | €69,834 | +€27,174 | +63.7% |
| Deferred charges and accrued income | 490/1 | - | €234 | +€234 | |
| Total equity and liabilities | 10/49 | €45,254 | €72,098 | +€26,844 | +59.3% |
| Equity | 10/15 | €31,396 | €57,824 | +€26,428 | +84.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €54,824 | +€54,824 | |
| Distributable reserves | 133 | - | €54,824 | +€54,824 | |
| Profit (loss) carried forward | 14 | €28,396 | - | -€28,396 | |
| Amounts payable | 17/49 | €13,858 | €14,274 | +€416 | +3.0% |
| Amounts payable within one year | 42/48 | €13,858 | €14,274 | +€416 | +3.0% |
| Trade debts | 44 | €990 | €763 | -€227 | -22.9% |
| Suppliers | 440/4 | €990 | €763 | -€227 | -22.9% |
| Taxes, remuneration and social security | 45 | €8,689 | €8,236 | -€453 | -5.2% |
| Taxes | 450/3 | €8,689 | €8,236 | -€453 | -5.2% |
| Other amounts payable | 47/48 | €4,179 | €5,275 | +€1,096 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €79 | +€79 | |
| Other operating charges | 640/8 | €515 | €570 | +€55 | +10.7% |
| Gross operating margin | 9900 | €36,297 | €34,029 | -€2,268 | -6.2% |
| Operating profit (loss) | 9901 | €35,782 | €33,380 | -€2,402 | -6.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €47 | €67 | +€20 | +42.9% |
| Recurring financial charges | 65 | €47 | €67 | +€20 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | €35,735 | €33,314 | -€2,421 | -6.8% |
| Income taxes | 67/77 | €7,339 | €6,886 | -€453 | -6.2% |
| Profit (loss) for the period | 9904 | €28,396 | €26,428 | -€1,968 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,396 | €26,428 | -€1,968 | -6.9% |
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 5 October 2026 via checked.be.