LA CLE DE FA: 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.
LA CLE DE FA
Largest movements
- Cash -€284,219
down €284,219 (-20.3%), from €1.4m to €1.1m
mainly Debts within one year (-€301,841) and Receivables within one year (-€84,474)
- Receivables within one year +€84,474
up €84,474 (+11.7%), from €722,461 to €806,935
of which Trade receivables: +€47,767
- Deferred charges and accrued income +€74,214
up €74,214 (+457%), from €16,227 to €90,441
- Tangible fixed assets -€30,320
down €30,320 (-13.1%), from €231,555 to €201,235
of which Furniture and vehicles: -€19,872
- Debts within one year -€301,841
down €301,841 (-50.2%), from €601,028 to €299,187
- Profit (loss) carried forward +€123,543
up €123,543 (+6.5%), from €1.9m to €2.0m
- Staff costs +€213,444
up €213,444 (+16.2%), from €1.3m to €1.5m
- Gross operating margin +€152,820
up €152,820 (+9.2%), from €1.7m to €1.8m
- Other operating charges +€65,106
up €65,106 (+243%), from €26,790 to €91,896
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 | €2,498,698 | €2,342,847 | -€155,851 | -6.2% |
| Fixed assets | 21/28 | €236,535 | €206,215 | -€30,320 | -12.8% |
| Tangible fixed assets | 22/27 | €231,555 | €201,235 | -€30,320 | -13.1% |
| Plant, machinery and equipment | 23 | €28,518 | €29,564 | +€1,046 | +3.7% |
| Furniture and vehicles | 24 | €70,170 | €50,298 | -€19,872 | -28.3% |
| Other tangible fixed assets | 26 | €132,868 | €121,374 | -€11,494 | -8.7% |
| Financial fixed assets | 28 | €4,980 | €4,980 | = | 0.0% |
| Current assets | 29/58 | €2,262,163 | €2,136,632 | -€125,531 | -5.5% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €722,461 | €806,935 | +€84,474 | +11.7% |
| Trade receivables | 40 | €503,941 | €551,708 | +€47,767 | +9.5% |
| Other amounts receivable | 41 | €218,520 | €255,227 | +€36,707 | +16.8% |
| Cash at bank and in hand | 54/58 | €1,403,475 | €1,119,256 | -€284,219 | -20.3% |
| Deferred charges and accrued income | 490/1 | €16,227 | €90,441 | +€74,214 | +457% |
| Total equity and liabilities | 10/49 | €2,498,698 | €2,342,847 | -€155,851 | -6.2% |
| Equity | 10/15 | €1,887,080 | €2,010,622 | +€123,543 | +6.5% |
| Profit (loss) carried forward | 14 | €1,887,080 | €2,010,622 | +€123,543 | +6.5% |
| Amounts payable | 17/49 | €611,618 | €332,225 | -€279,394 | -45.7% |
| Amounts payable after more than one year | 17 | €9,218 | €32,257 | +€23,039 | +250% |
| Financial debts | 170/4 | €9,218 | €32,257 | +€23,039 | +250% |
| Amounts payable within one year | 42/48 | €601,028 | €299,187 | -€301,841 | -50.2% |
| Current portion of amounts payable after more than one year | 42 | €7,831 | €12,788 | +€4,957 | +63.3% |
| Trade debts | 44 | €93,443 | €53,115 | -€40,328 | -43.2% |
| Suppliers | 440/4 | €93,443 | €53,115 | -€40,328 | -43.2% |
| Taxes, remuneration and social security | 45 | €232,628 | €232,106 | -€522 | -0.2% |
| Taxes | 450/3 | €10,535 | - | -€10,535 | |
| Remuneration and social security | 454/9 | €222,093 | €232,106 | +€10,014 | +4.5% |
| Accrued charges and deferred income | 492/3 | €1,372 | €781 | -€592 | -43.1% |
| Remuneration, social security and pensions | 62 | €1,317,165 | €1,530,609 | +€213,444 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,799 | €54,586 | -€2,213 | -3.9% |
| Other operating charges | 640/8 | €26,790 | €91,896 | +€65,106 | +243% |
| Gross operating margin | 9900 | €1,657,410 | €1,810,229 | +€152,820 | +9.2% |
| Operating profit (loss) | 9901 | €256,655 | €133,138 | -€123,517 | -48.1% |
| Financial income | 75/76B | €14,727 | €1,932 | -€12,795 | -86.9% |
| Recurring financial income | 75 | €14,727 | €1,932 | -€12,795 | -86.9% |
| Financial charges | 65/66B | €7,926 | €11,328 | +€3,402 | +42.9% |
| Recurring financial charges | 65 | €7,926 | €11,328 | +€3,402 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | €263,456 | €123,742 | -€139,714 | -53.0% |
| Income taxes | 67/77 | - | €199 | +€199 | |
| Profit (loss) for the period | 9904 | €263,456 | €123,543 | -€139,914 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €263,456 | €123,543 | -€139,914 | -53.1% |
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 22 October 2026 via checked.be.