Khalid Buuachru: 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.
Khalid Buuachru
Largest movements
- Cash +€122,581
up €122,581 (+47.1%), from €260,375 to €382,957
mainly Receivables within one year (+€88,888) and Net result for the year (+€40,803)
- Receivables within one year -€88,888
down €88,888 (-28.5%), from €312,190 to €223,302
of which Trade receivables: -€122,083
- Deferred charges and accrued income -€16,984
down €16,984 (-76.8%), from €22,120 to €5,135
- Tangible fixed assets -€8,291
down €8,291 (-41.3%), from €20,094 to €11,803
of which Plant, machinery and equipment: -€4,919
- Reserves +€40,803
up €40,803 (+8.3%), from €491,693 to €532,496
- Tax, wage and social debts -€30,606
down €30,606 (-38.3%), from €79,946 to €49,340
of which Taxes: -€31,609
- Gross operating margin -€174,021
down €174,021 (-64.3%), from €270,779 to €96,758
- Taxes -€44,040
down €44,040 (-78.9%), from €55,845 to €11,806
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 | €615,284 | €623,438 | +€8,154 | +1.3% |
| Fixed assets | 21/28 | €20,598 | €12,044 | -€8,555 | -41.5% |
| Intangible fixed assets | 21 | €505 | €241 | -€264 | -52.3% |
| Tangible fixed assets | 22/27 | €20,094 | €11,803 | -€8,291 | -41.3% |
| Plant, machinery and equipment | 23 | €10,902 | €5,983 | -€4,919 | -45.1% |
| Furniture and vehicles | 24 | €9,192 | €5,820 | -€3,371 | -36.7% |
| Current assets | 29/58 | €594,685 | €611,394 | +€16,709 | +2.8% |
| Amounts receivable within one year | 40/41 | €312,190 | €223,302 | -€88,888 | -28.5% |
| Trade receivables | 40 | €312,190 | €190,108 | -€122,083 | -39.1% |
| Other amounts receivable | 41 | - | €33,194 | +€33,194 | |
| Cash at bank and in hand | 54/58 | €260,375 | €382,957 | +€122,581 | +47.1% |
| Deferred charges and accrued income | 490/1 | €22,120 | €5,135 | -€16,984 | -76.8% |
| Total equity and liabilities | 10/49 | €615,284 | €623,438 | +€8,154 | +1.3% |
| Equity | 10/15 | €494,193 | €534,996 | +€40,803 | +8.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €491,693 | €532,496 | +€40,803 | +8.3% |
| Distributable reserves | 133 | €491,693 | €532,496 | +€40,803 | +8.3% |
| Amounts payable | 17/49 | €121,091 | €88,441 | -€32,649 | -27.0% |
| Amounts payable within one year | 42/48 | €121,091 | €88,441 | -€32,649 | -27.0% |
| Trade debts | 44 | €6,352 | €2,904 | -€3,448 | -54.3% |
| Suppliers | 440/4 | €6,352 | €2,904 | -€3,448 | -54.3% |
| Taxes, remuneration and social security | 45 | €79,946 | €49,340 | -€30,606 | -38.3% |
| Taxes | 450/3 | €71,399 | €39,790 | -€31,609 | -44.3% |
| Remuneration and social security | 454/9 | €8,547 | €9,550 | +€1,003 | +11.7% |
| Other amounts payable | 47/48 | €34,792 | €36,197 | +€1,405 | +4.0% |
| Remuneration, social security and pensions | 62 | €31,443 | €30,546 | -€897 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,514 | €8,555 | -€960 | -10.1% |
| Other operating charges | 640/8 | €400 | €387 | -€13 | -3.2% |
| Gross operating margin | 9900 | €270,779 | €96,758 | -€174,021 | -64.3% |
| Operating profit (loss) | 9901 | €229,421 | €57,270 | -€172,152 | -75.0% |
| Financial income | 75/76B | €0 | €36 | +€36 | +27376.9% |
| Recurring financial income | 75 | €0 | €36 | +€36 | +27376.9% |
| Financial charges | 65/66B | €2,348 | €4,696 | +€2,349 | +100.0% |
| Recurring financial charges | 65 | €2,348 | €4,696 | +€2,349 | +100.0% |
| Profit (loss) for the period before taxes | 9903 | €227,074 | €52,609 | -€174,465 | -76.8% |
| Income taxes | 67/77 | €55,845 | €11,806 | -€44,040 | -78.9% |
| Profit (loss) for the period | 9904 | €171,228 | €40,803 | -€130,425 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €171,228 | €40,803 | -€130,425 | -76.2% |
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 8 October 2026 via checked.be.