JUST WOKE UP: 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.
JUST WOKE UP
Largest movements
- Cash -€983,885
down €983,885 (-82.7%), from €1.2m to €205,376
mainly Trade debts (-€825,391) and Receivables within one year (-€443,954)
- Receivables within one year +€443,954
up €443,954 (+34.8%), from €1.3m to €1.7m
of which Trade receivables: +€399,161
- Trade debts -€825,391
down €825,391 (-100.0%), from €825,521 to €130
- Other debts +€225,000
new in 2024: €225,000
- Profit (loss) carried forward +€187,334
up €187,334 (+15.6%), from €1.2m to €1.4m
- Tax, wage and social debts -€102,960
down €102,960 (-28.2%), from €365,685 to €262,725
- Advances received -€25,000
no longer reported in 2024 (was €25,000)
- Gross operating margin -€802,888
down €802,888 (-73.6%), from €1.1m to €288,029
- Taxes -€220,617
down €220,617 (-73.3%), from €300,845 to €80,228
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.
Derived cash bridge
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 | €2,477,161 | €1,936,144 | -€541,017 | -21.8% |
| Fixed assets | 21/28 | €12,011 | €9,976 | -€2,035 | -16.9% |
| Tangible fixed assets | 22/27 | €11,923 | €9,817 | -€2,106 | -17.7% |
| Plant, machinery and equipment | 23 | - | €2,097 | +€2,097 | |
| Furniture and vehicles | 24 | €11,923 | €7,720 | -€4,203 | -35.3% |
| Financial fixed assets | 28 | €88 | €159 | +€71 | +80.3% |
| Current assets | 29/58 | €2,465,150 | €1,926,168 | -€538,982 | -21.9% |
| Amounts receivable within one year | 40/41 | €1,275,889 | €1,719,843 | +€443,954 | +34.8% |
| Trade receivables | 40 | €736,665 | €1,135,826 | +€399,161 | +54.2% |
| Other amounts receivable | 41 | €539,225 | €584,017 | +€44,792 | +8.3% |
| Cash at bank and in hand | 54/58 | €1,189,261 | €205,376 | -€983,885 | -82.7% |
| Deferred charges and accrued income | 490/1 | - | €949 | +€949 | |
| Total equity and liabilities | 10/49 | €2,477,161 | €1,936,144 | -€541,017 | -21.8% |
| Equity | 10/15 | €1,260,955 | €1,448,289 | +€187,334 | +14.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €47,041 | €47,041 | -€0 | 0.0% |
| 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 | €45,181 | €45,181 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €1,201,514 | €1,388,848 | +€187,334 | +15.6% |
| Amounts payable | 17/49 | €1,216,206 | €487,855 | -€728,351 | -59.9% |
| Amounts payable within one year | 42/48 | €1,216,206 | €487,855 | -€728,351 | -59.9% |
| Trade debts | 44 | €825,521 | €130 | -€825,391 | -100.0% |
| Suppliers | 440/4 | €825,521 | €130 | -€825,391 | -100.0% |
| Advances received on contracts in progress | 46 | €25,000 | - | -€25,000 | |
| Taxes, remuneration and social security | 45 | €365,685 | €262,725 | -€102,960 | -28.2% |
| Taxes | 450/3 | €365,685 | €262,725 | -€102,960 | -28.2% |
| Other amounts payable | 47/48 | - | €225,000 | +€225,000 | |
| Remuneration, social security and pensions | 62 | €73 | €174 | +€101 | +139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,368 | €8,261 | -€107 | -1.3% |
| Other operating charges | 640/8 | €2,148 | €8,767 | +€6,619 | +308% |
| Gross operating margin | 9900 | €1,090,917 | €288,029 | -€802,888 | -73.6% |
| Operating profit (loss) | 9901 | €1,080,328 | €270,827 | -€809,501 | -74.9% |
| Financial income | 75/76B | €727 | - | -€727 | |
| Recurring financial income | 75 | €727 | - | -€727 | |
| Financial charges | 65/66B | €4,088 | €3,265 | -€823 | -20.1% |
| Recurring financial charges | 65 | €4,088 | €3,265 | -€823 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €1,076,967 | €267,562 | -€809,405 | -75.2% |
| Income taxes | 67/77 | €300,845 | €80,228 | -€220,617 | -73.3% |
| Profit (loss) for the period | 9904 | €776,122 | €187,334 | -€588,788 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €776,122 | €187,334 | -€588,788 | -75.9% |
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 27 October 2026 via checked.be.