L'AUTRE IMAGE: 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.
L'AUTRE IMAGE
Largest movements
- Receivables within one year -€24,653
down €24,653 (-81.9%), from €30,117 to €5,464
of which Other amounts receivable: -€30,117
- Tangible fixed assets +€13,128
up €13,128 (+23.3%), from €56,355 to €69,483
of which Plant, machinery and equipment: +€25,183
- Stocks and contracts -€7,012
down €7,012 (-35.1%), from €20,000 to €12,988
- Cash -€2,843
down €2,843 (-5.3%), from €53,692 to €50,849
mainly Other debts (-€69,924) and Investment in fixed assets (net) (-€49,186)
- Profit (loss) carried forward +€74,086
up €74,086, from -€27,147 to €46,939
- Other debts -€69,924
down €69,924 (-99.6%), from €70,220 to €296
- Trade debts -€25,016
down €25,016 (-86.3%), from €28,978 to €3,962
- Accrued charges and deferred income -€3,115
no longer reported in 2024 (was €3,115)
- Tax, wage and social debts +€2,314
up €2,314 (+3.2%), from €71,652 to €73,966
of which Remuneration and social security: +€12,118
- Purchases and services -€89,921
down €89,921 (-21.2%), from €424,906 to €334,985
- Turnover -€81,307
down €81,307 (-14.1%), from €576,575 to €495,268
- Financial income +€54,951
up €54,951 (+616%), from €8,917 to €63,868
- Depreciation -€14,413
down €14,413 (-28.6%), from €50,471 to €36,058
- Staff costs +€9,519
up €9,519 (+11.8%), from €80,440 to €89,959
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 | €167,456 | €145,801 | -€21,655 | -12.9% |
| Fixed assets | 21/28 | €63,372 | €76,500 | +€13,128 | +20.7% |
| Tangible fixed assets | 22/27 | €56,355 | €69,483 | +€13,128 | +23.3% |
| Plant, machinery and equipment | 23 | €4,617 | €29,800 | +€25,183 | +545% |
| Furniture and vehicles | 24 | €50,231 | €38,176 | -€12,055 | -24.0% |
| Leasing and similar rights | 25 | €1,507 | €1,507 | = | 0.0% |
| Financial fixed assets | 28 | €7,017 | €7,017 | = | 0.0% |
| Current assets | 29/58 | €104,084 | €69,301 | -€34,783 | -33.4% |
| Stocks and contracts in progress | 3 | €20,000 | €12,988 | -€7,012 | -35.1% |
| Stocks | 30/36 | €20,000 | €12,988 | -€7,012 | -35.1% |
| Amounts receivable within one year | 40/41 | €30,117 | €5,464 | -€24,653 | -81.9% |
| Trade receivables | 40 | - | €5,464 | +€5,464 | |
| Other amounts receivable | 41 | €30,117 | - | -€30,117 | |
| Cash at bank and in hand | 54/58 | €53,692 | €50,849 | -€2,843 | -5.3% |
| Deferred charges and accrued income | 490/1 | €275 | - | -€275 | |
| Total equity and liabilities | 10/49 | €167,456 | €145,801 | -€21,655 | -12.9% |
| Equity | 10/15 | -€6,509 | €67,577 | +€74,086 | |
| Contributions | 10/11 | €20,638 | €20,638 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,147 | €46,939 | +€74,086 | |
| Amounts payable | 17/49 | €173,965 | €78,224 | -€95,741 | -55.0% |
| Amounts payable within one year | 42/48 | €170,850 | €78,224 | -€92,626 | -54.2% |
| Trade debts | 44 | €28,978 | €3,962 | -€25,016 | -86.3% |
| Suppliers | 440/4 | €28,978 | €3,962 | -€25,016 | -86.3% |
| Taxes, remuneration and social security | 45 | €71,652 | €73,966 | +€2,314 | +3.2% |
| Taxes | 450/3 | €49,957 | €40,153 | -€9,804 | -19.6% |
| Remuneration and social security | 454/9 | €21,695 | €33,813 | +€12,118 | +55.9% |
| Other amounts payable | 47/48 | €70,220 | €296 | -€69,924 | -99.6% |
| Accrued charges and deferred income | 492/3 | €3,115 | - | -€3,115 | |
| Turnover | 70 | €576,575 | €495,268 | -€81,307 | -14.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €424,906 | €334,985 | -€89,921 | -21.2% |
| Remuneration, social security and pensions | 62 | €80,440 | €89,959 | +€9,519 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,471 | €36,058 | -€14,413 | -28.6% |
| Other operating charges | 640/8 | €26,795 | €20,879 | -€5,916 | -22.1% |
| Gross operating margin | 9900 | €153,686 | €160,282 | +€6,596 | +4.3% |
| Operating profit (loss) | 9901 | -€4,020 | €13,386 | +€17,406 | |
| Financial income | 75/76B | €8,917 | €63,868 | +€54,951 | +616% |
| Recurring financial income | 75 | €8,917 | €63,868 | +€54,951 | +616% |
| Financial charges | 65/66B | €853 | €219 | -€634 | -74.3% |
| Recurring financial charges | 65 | €853 | €219 | -€634 | -74.3% |
| Profit (loss) for the period before taxes | 9903 | €4,044 | €77,035 | +€72,991 | +1,805% |
| Income taxes | 67/77 | €3,867 | €2,949 | -€918 | -23.7% |
| Profit (loss) for the period | 9904 | €177 | €74,086 | +€73,909 | +41,756% |
| Profit (loss) for the period to be appropriated | 9905 | €177 | €74,086 | +€73,909 | +41,756% |
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 17 October 2026 via checked.be.