LE 320: 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.
LE 320
Largest movements
- Receivables within one year +€139,285
up €139,285 (+200.9%), from €69,324 to €208,609
of which Trade receivables: +€140,826
- Tangible fixed assets +€9,914
up €9,914 (+81.5%), from €12,163 to €22,076
of which Furniture and vehicles: +€7,256
- Intangible fixed assets -€3,000
down €3,000 (-10.7%), from €28,019 to €25,019
- Trade debts +€146,926
up €146,926 (+156.1%), from €94,112 to €241,038
- Profit (loss) carried forward -€54,204
down €54,204 (-15995.1%), from -€339 to -€54,543
- Debts after one year +€38,500
new in 2024: €38,500
- Tax, wage and social debts +€13,999
up €13,999 (+62.1%), from €22,526 to €36,525
of which Remuneration and social security: +€10,912
- Staff costs +€28,623
up €28,623 (+33.8%), from €84,629 to €113,252
- Gross operating margin -€25,626
down €25,626 (-26.7%), from €96,134 to €70,508
- Depreciation +€4,436
up €4,436 (+111.8%), from €3,967 to €8,404
- Financial charges -€2,707
down €2,707 (-61.9%), from €4,373 to €1,666
of which Non-recurring financial charges: -€3,000
- Other operating charges -€2,072
down €2,072 (-61.7%), from €3,360 to €1,288
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 | €119,356 | €264,519 | +€145,163 | +121.6% |
| Fixed assets | 21/28 | €40,182 | €47,096 | +€6,914 | +17.2% |
| Intangible fixed assets | 21 | €28,019 | €25,019 | -€3,000 | -10.7% |
| Tangible fixed assets | 22/27 | €12,163 | €22,076 | +€9,914 | +81.5% |
| Plant, machinery and equipment | 23 | - | €2,658 | +€2,658 | |
| Furniture and vehicles | 24 | €12,163 | €19,419 | +€7,256 | +59.7% |
| Current assets | 29/58 | €79,175 | €217,424 | +€138,249 | +174.6% |
| Amounts receivable within one year | 40/41 | €69,324 | €208,609 | +€139,285 | +200.9% |
| Trade receivables | 40 | €58,678 | €199,504 | +€140,826 | +240.0% |
| Other amounts receivable | 41 | €10,646 | €9,105 | -€1,541 | -14.5% |
| Cash at bank and in hand | 54/58 | €9,851 | €8,814 | -€1,036 | -10.5% |
| Total equity and liabilities | 10/49 | €119,356 | €264,519 | +€145,163 | +121.6% |
| Equity | 10/15 | €2,661 | -€51,543 | -€54,204 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€339 | -€54,543 | -€54,204 | -15995.1% |
| Amounts payable | 17/49 | €116,695 | €316,062 | +€199,367 | +170.8% |
| Amounts payable after more than one year | 17 | - | €38,500 | +€38,500 | |
| Other amounts payable | 178/9 | - | €38,500 | +€38,500 | |
| Amounts payable within one year | 42/48 | €116,695 | €277,562 | +€160,867 | +137.9% |
| Trade debts | 44 | €94,112 | €241,038 | +€146,926 | +156.1% |
| Suppliers | 440/4 | €94,112 | €241,038 | +€146,926 | +156.1% |
| Taxes, remuneration and social security | 45 | €22,526 | €36,525 | +€13,999 | +62.1% |
| Taxes | 450/3 | €2,111 | €5,197 | +€3,086 | +146.2% |
| Remuneration and social security | 454/9 | €20,415 | €31,328 | +€10,912 | +53.5% |
| Other amounts payable | 47/48 | €57 | - | -€57 | |
| Remuneration, social security and pensions | 62 | €84,629 | €113,252 | +€28,623 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,967 | €8,404 | +€4,436 | +111.8% |
| Other operating charges | 640/8 | €3,360 | €1,288 | -€2,072 | -61.7% |
| Gross operating margin | 9900 | €96,134 | €70,508 | -€25,626 | -26.7% |
| Operating profit (loss) | 9901 | €4,177 | -€52,436 | -€56,613 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,373 | €1,666 | -€2,707 | -61.9% |
| Recurring financial charges | 65 | €1,373 | €1,666 | +€293 | +21.3% |
| Non-recurring financial charges | 66B | €3,000 | - | -€3,000 | |
| Profit (loss) for the period before taxes | 9903 | -€196 | -€54,102 | -€53,906 | -27441.4% |
| Income taxes | 67/77 | €142 | €102 | -€40 | -28.3% |
| Profit (loss) for the period | 9904 | -€339 | -€54,204 | -€53,865 | -15895.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€339 | -€54,204 | -€53,865 | -15895.1% |
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.