KEY MANAGEMENT RESSOURCES: 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.
KEY MANAGEMENT RESSOURCES
Largest movements
- Receivables within one year -€28,577
down €28,577 (-33.8%), from €84,592 to €56,015
of which Trade receivables: -€19,713
- Cash +€5,767
up €5,767 (+545%), from €1,058 to €6,825
mainly Net result for the year (+€75,638) and Receivables within one year (+€28,577)
- Tangible fixed assets +€5,275
up €5,275 (+251%), from €2,101 to €7,376
- Tax, wage and social debts -€13,228
down €13,228 (-10.0%), from €131,768 to €118,539
- Trade debts -€4,676
down €4,676 (-61.0%), from €7,660 to €2,984
- Gross operating margin -€28,901
down €28,901 (-19.5%), from €148,450 to €119,548
- Other operating charges +€5,828
up €5,828 (+153%), from €3,812 to €9,640
- Financial charges -€5,550
down €5,550 (-66.3%), from €8,375 to €2,824
- Taxes -€5,532
down €5,532 (-16.1%), from €34,384 to €28,852
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 | €159,887 | €141,983 | -€17,904 | -11.2% |
| Fixed assets | 21/28 | €2,101 | €7,376 | +€5,275 | +251% |
| Tangible fixed assets | 22/27 | €2,101 | €7,376 | +€5,275 | +251% |
| Furniture and vehicles | 24 | €2,101 | €7,376 | +€5,275 | +251% |
| Current assets | 29/58 | €157,786 | €134,608 | -€23,179 | -14.7% |
| Amounts receivable after more than one year | 29 | €71,767 | €71,767 | = | 0.0% |
| Other amounts receivable | 291 | €71,767 | €71,767 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €84,592 | €56,015 | -€28,577 | -33.8% |
| Trade receivables | 40 | €49,715 | €30,002 | -€19,713 | -39.7% |
| Other amounts receivable | 41 | €34,877 | €26,013 | -€8,864 | -25.4% |
| Cash at bank and in hand | 54/58 | €1,058 | €6,825 | +€5,767 | +545% |
| Deferred charges and accrued income | 490/1 | €369 | - | -€369 | |
| Total equity and liabilities | 10/49 | €159,887 | €141,983 | -€17,904 | -11.2% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Amounts payable | 17/49 | €139,427 | €121,523 | -€17,904 | -12.8% |
| Amounts payable within one year | 42/48 | €139,427 | €121,523 | -€17,904 | -12.8% |
| Trade debts | 44 | €7,660 | €2,984 | -€4,676 | -61.0% |
| Suppliers | 440/4 | €7,660 | €2,984 | -€4,676 | -61.0% |
| Taxes, remuneration and social security | 45 | €131,768 | €118,539 | -€13,228 | -10.0% |
| Taxes | 450/3 | €131,768 | €118,539 | -€13,228 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,700 | €2,682 | -€18 | -0.7% |
| Other operating charges | 640/8 | €3,812 | €9,640 | +€5,828 | +153% |
| Gross operating margin | 9900 | €148,450 | €119,548 | -€28,901 | -19.5% |
| Operating profit (loss) | 9901 | €141,938 | €107,227 | -€34,712 | -24.5% |
| Financial income | 75/76B | - | €88 | +€88 | |
| Recurring financial income | 75 | - | €88 | +€88 | |
| Financial charges | 65/66B | €8,375 | €2,824 | -€5,550 | -66.3% |
| Recurring financial charges | 65 | €8,375 | €2,824 | -€5,550 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €133,563 | €104,490 | -€29,073 | -21.8% |
| Income taxes | 67/77 | €34,384 | €28,852 | -€5,532 | -16.1% |
| Profit (loss) for the period | 9904 | €99,180 | €75,638 | -€23,541 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €99,180 | €75,638 | -€23,541 | -23.7% |
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 23 October 2026 via checked.be.