L212 Concept: 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.
L212 Concept
Largest movements
- Receivables within one year +€9,640
up €9,640 (+50.6%), from €19,068 to €28,708
of which Trade receivables: +€8,470
- Cash -€607
down €607 (-99.8%), from €608 to €1
mainly Receivables within one year (-€9,640)
- Formation expenses -€578
down €578 (-48.9%), from €1,181 to €604
- Trade debts +€4,397
up €4,397 (+44.5%), from €9,884 to €14,282
- Other debts +€1,853
up €1,853 (+16.9%), from €10,947 to €12,800
- Tax, wage and social debts +€1,194
up €1,194 (+70.1%), from €1,703 to €2,897
- Profit (loss) carried forward +€1,011
up €1,011 (+32.5%), from €3,108 to €4,119
- Gross operating margin +€948
up €948 (+93.8%), from €1,011 to €1,958
- Taxes +€319
up €319 (+270%), from €118 to €437
- Financial charges -€161
down €161 (-24.5%), from €657 to €496
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 | €28,942 | €37,398 | +€8,456 | +29.2% |
| Formation expenses | 20 | €1,181 | €604 | -€578 | -48.9% |
| Current assets | 29/58 | €27,761 | €36,794 | +€9,033 | +32.5% |
| Stocks and contracts in progress | 3 | €8,085 | €8,085 | = | 0.0% |
| Stocks | 30/36 | €8,085 | €8,085 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,068 | €28,708 | +€9,640 | +50.6% |
| Trade receivables | 40 | €5,031 | €13,501 | +€8,470 | +168% |
| Other amounts receivable | 41 | €14,037 | €15,207 | +€1,170 | +8.3% |
| Cash at bank and in hand | 54/58 | €608 | €1 | -€607 | -99.8% |
| Total equity and liabilities | 10/49 | €28,942 | €37,398 | +€8,456 | +29.2% |
| Equity | 10/15 | €6,408 | €7,419 | +€1,011 | +15.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | - | -€300 | |
| Other | 1319 | - | €300 | +€300 | |
| Profit (loss) carried forward | 14 | €3,108 | €4,119 | +€1,011 | +32.5% |
| Amounts payable | 17/49 | €22,534 | €29,978 | +€7,445 | +33.0% |
| Amounts payable within one year | 42/48 | €22,534 | €29,978 | +€7,445 | +33.0% |
| Trade debts | 44 | €9,884 | €14,282 | +€4,397 | +44.5% |
| Suppliers | 440/4 | €9,884 | €14,282 | +€4,397 | +44.5% |
| Taxes, remuneration and social security | 45 | €1,703 | €2,897 | +€1,194 | +70.1% |
| Taxes | 450/3 | €1,703 | €2,897 | +€1,194 | +70.1% |
| Other amounts payable | 47/48 | €10,947 | €12,800 | +€1,853 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €578 | = | 0.0% |
| Other operating charges | 640/8 | €604 | €607 | +€3 | +0.5% |
| Gross operating margin | 9900 | €1,011 | €1,958 | +€948 | +93.8% |
| Operating profit (loss) | 9901 | -€171 | €773 | +€945 | |
| Financial income | 75/76B | €1,170 | €1,170 | +€0 | 0.0% |
| Recurring financial income | 75 | €1,170 | €1,170 | +€0 | 0.0% |
| Financial charges | 65/66B | €657 | €496 | -€161 | -24.5% |
| Recurring financial charges | 65 | €657 | €496 | -€161 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €342 | €1,448 | +€1,106 | +324% |
| Income taxes | 67/77 | €118 | €437 | +€319 | +270% |
| Profit (loss) for the period | 9904 | €224 | €1,011 | +€787 | +352% |
| Profit (loss) for the period to be appropriated | 9905 | €224 | €1,011 | +€787 | +352% |
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 20 October 2026 via checked.be.