Key-On: 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.
Key-On
Largest movements
- Receivables within one year -€1,348
down €1,348 (-6.2%), from €21,671 to €20,323
of which Other amounts receivable: -€1,348
- Tangible fixed assets +€1,163
up €1,163 (+352.1%), from €330 to €1,493
of which Furniture and vehicles: +€1,493
- Cash -€613
down €613 (-5.1%), from €12,080 to €11,467
mainly Trade debts (-€3,282) and Investment in fixed assets (net) (-€2,240)
- Trade debts -€3,282
down €3,282 (-80.4%), from €4,084 to €802
- Other debts +€1,592
up €1,592 (+5.5%), from €29,080 to €30,672
- Profit (loss) carried forward +€759
up €759 (+9.0%), from -€8,395 to -€7,635
- Tax, wage and social debts +€463
up €463 (+24.8%), from €1,871 to €2,334
- Gross operating margin -€19,170
down €19,170 (-85.7%), from €22,371 to €3,201
- Taxes -€1,407
down €1,407 (-75.2%), from €1,871 to €463
- Depreciation +€747
up €747 (+226.1%), from €330 to €1,077
- Other operating charges +€666
up €666 (+284.5%), from €234 to €900
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 | €34,700 | €34,233 | -€468 | -1.3% |
| Fixed assets | 21/28 | €330 | €1,493 | +€1,163 | +352.1% |
| Tangible fixed assets | 22/27 | €330 | €1,493 | +€1,163 | +352.1% |
| Plant, machinery and equipment | 23 | €330 | - | -€330 | |
| Furniture and vehicles | 24 | - | €1,493 | +€1,493 | |
| Current assets | 29/58 | €34,370 | €32,739 | -€1,631 | -4.7% |
| Amounts receivable within one year | 40/41 | €21,671 | €20,323 | -€1,348 | -6.2% |
| Trade receivables | 40 | €9,416 | €9,416 | = | 0.0% |
| Other amounts receivable | 41 | €12,255 | €10,907 | -€1,348 | -11.0% |
| Cash at bank and in hand | 54/58 | €12,080 | €11,467 | -€613 | -5.1% |
| Deferred charges and accrued income | 490/1 | €619 | €949 | +€330 | +53.3% |
| Total equity and liabilities | 10/49 | €34,700 | €34,233 | -€468 | -1.3% |
| Equity | 10/15 | -€335 | €425 | +€759 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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% |
| Profit (loss) carried forward | 14 | -€8,395 | -€7,635 | +€759 | +9.0% |
| Amounts payable | 17/49 | €35,035 | €33,808 | -€1,227 | -3.5% |
| Amounts payable within one year | 42/48 | €35,035 | €33,808 | -€1,227 | -3.5% |
| Trade debts | 44 | €4,084 | €802 | -€3,282 | -80.4% |
| Suppliers | 440/4 | €4,084 | €802 | -€3,282 | -80.4% |
| Taxes, remuneration and social security | 45 | €1,871 | €2,334 | +€463 | +24.8% |
| Taxes | 450/3 | €1,871 | €2,334 | +€463 | +24.8% |
| Other amounts payable | 47/48 | €29,080 | €30,672 | +€1,592 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €1,077 | +€747 | +226.1% |
| Other operating charges | 640/8 | €234 | €900 | +€666 | +284.5% |
| Gross operating margin | 9900 | €22,371 | €3,201 | -€19,170 | -85.7% |
| Operating profit (loss) | 9901 | €21,806 | €1,224 | -€20,582 | -94.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €10 | €2 | -€8 | -81.7% |
| Recurring financial charges | 65 | €10 | €2 | -€8 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €21,798 | €1,222 | -€20,575 | -94.4% |
| Income taxes | 67/77 | €1,871 | €463 | -€1,407 | -75.2% |
| Profit (loss) for the period | 9904 | €19,927 | €759 | -€19,168 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,927 | €759 | -€19,168 | -96.2% |
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 3 October 2026 via checked.be.