L. FACTORY: 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. FACTORY
Largest movements
- Receivables within one year +€4,277
up €4,277 (+34.6%), from €12,357 to €16,634
- Tangible fixed assets +€1,209
up €1,209 (+674%), from €179 to €1,389
- Cash +€693
up €693 (+1,238%), from €56 to €749
mainly Net result for the year (+€8,501) and Trade debts (+€4,863)
- Deferred charges and accrued income -€478
no longer reported in 2024 (was €478)
- Intangible fixed assets +€422
new in 2024: €422
- Profit (loss) carried forward +€8,501
up €8,501 (+36.3%), from -€23,399 to -€14,898
- Trade debts +€4,863
up €4,863 (+49.3%), from €9,858 to €14,721
- Short-term financial debts -€4,019
no longer reported in 2024 (was €4,019)
- Other debts -€1,957
down €1,957 (-18.0%), from €10,893 to €8,937
- Tax, wage and social debts -€1,517
down €1,517 (-82.3%), from €1,843 to €326
of which Remuneration and social security: -€861
- Gross operating margin +€3,283
up €3,283 (+53.5%), from €6,139 to €9,422
- Other operating charges -€384
no longer reported in 2024 (was €384)
- Depreciation -€370
down €370 (-46.9%), from €790 to €420
- Financial charges -€338
down €338 (-40.1%), from €844 to €506
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 | €18,814 | €24,686 | +€5,872 | +31.2% |
| Fixed assets | 21/28 | €179 | €1,811 | +€1,631 | +909% |
| Intangible fixed assets | 21 | - | €422 | +€422 | |
| Tangible fixed assets | 22/27 | €179 | €1,389 | +€1,209 | +674% |
| Plant, machinery and equipment | 23 | €179 | €1,389 | +€1,209 | +674% |
| Current assets | 29/58 | €18,635 | €22,876 | +€4,241 | +22.8% |
| Stocks and contracts in progress | 3 | €5,744 | €5,493 | -€251 | -4.4% |
| Stocks | 30/36 | €5,744 | €5,493 | -€251 | -4.4% |
| Amounts receivable within one year | 40/41 | €12,357 | €16,634 | +€4,277 | +34.6% |
| Trade receivables | 40 | €12,357 | €16,634 | +€4,277 | +34.6% |
| Cash at bank and in hand | 54/58 | €56 | €749 | +€693 | +1,238% |
| Deferred charges and accrued income | 490/1 | €478 | - | -€478 | |
| Total equity and liabilities | 10/49 | €18,814 | €24,686 | +€5,872 | +31.2% |
| Equity | 10/15 | -€7,799 | €702 | +€8,501 | |
| Contributions | 10/11 | €15,600 | €15,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,399 | -€14,898 | +€8,501 | +36.3% |
| Amounts payable | 17/49 | €26,613 | €23,984 | -€2,629 | -9.9% |
| Amounts payable within one year | 42/48 | €26,613 | €23,984 | -€2,629 | -9.9% |
| Financial debts | 43 | €4,019 | - | -€4,019 | |
| Credit institutions | 430/8 | €4,019 | - | -€4,019 | |
| Trade debts | 44 | €9,858 | €14,721 | +€4,863 | +49.3% |
| Suppliers | 440/4 | €9,858 | €14,721 | +€4,863 | +49.3% |
| Taxes, remuneration and social security | 45 | €1,843 | €326 | -€1,517 | -82.3% |
| Taxes | 450/3 | €982 | €326 | -€656 | -66.8% |
| Remuneration and social security | 454/9 | €861 | - | -€861 | |
| Other amounts payable | 47/48 | €10,893 | €8,937 | -€1,957 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €790 | €420 | -€370 | -46.9% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €6,139 | €9,422 | +€3,283 | +53.5% |
| Operating profit (loss) | 9901 | €4,964 | €9,002 | +€4,038 | +81.3% |
| Financial income | 75/76B | €25 | €5 | -€20 | -79.6% |
| Recurring financial income | 75 | €25 | €5 | -€20 | -79.6% |
| Financial charges | 65/66B | €844 | €506 | -€338 | -40.1% |
| Recurring financial charges | 65 | €844 | €506 | -€338 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €4,144 | €8,501 | +€4,357 | +105% |
| Profit (loss) for the period | 9904 | €4,144 | €8,501 | +€4,357 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €4,144 | €8,501 | +€4,357 | +105% |
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 31 October 2026 via checked.be.