Les 5 H: 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.
Les 5 H
Largest movements
- Receivables within one year +€31,519
up €31,519 (+78.0%), from €40,433 to €71,952
of which Other amounts receivable: +€41,849
- Cash -€3,272
down €3,272 (-77.8%), from €4,203 to €932
mainly Receivables within one year (-€31,519) and Other debts (-€20,000)
- Tangible fixed assets -€2,631
down €2,631 (-27.8%), from €9,463 to €6,832
of which Plant, machinery and equipment: -€1,768
- Profit (loss) carried forward +€33,876
up €33,876 (+4,064%), from €834 to €34,710
- Other debts -€20,000
down €20,000 (-100%), from €20,000 to €0
- Tax, wage and social debts +€14,014
up €14,014 (+164%), from €8,548 to €22,562
of which Taxes: +€10,264
- Trade debts -€9,024
down €9,024 (-92.9%), from €9,718 to €694
- Current portion of long-term debt +€6,750
up €6,750 (+56.3%), from €12,000 to €18,750
- Gross operating margin +€46,241
up €46,241 (+799%), from €5,786 to €52,026
- Taxes +€9,729
up €9,729 (+1,736%), from €560 to €10,290
- Financial charges +€5,055
up €5,055 (+254%), from €1,988 to €7,042
- Financial income +€1,279
up €1,279 (+204%), from €625 to €1,904
- Other operating charges -€970
down €970 (-91.4%), from €1,061 to €91
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 | €54,099 | €79,715 | +€25,616 | +47.4% |
| Fixed assets | 21/28 | €9,463 | €6,832 | -€2,631 | -27.8% |
| Tangible fixed assets | 22/27 | €9,463 | €6,832 | -€2,631 | -27.8% |
| Plant, machinery and equipment | 23 | €7,492 | €5,724 | -€1,768 | -23.6% |
| Furniture and vehicles | 24 | €1,970 | €1,108 | -€863 | -43.8% |
| Current assets | 29/58 | €44,636 | €72,883 | +€28,247 | +63.3% |
| Amounts receivable within one year | 40/41 | €40,433 | €71,952 | +€31,519 | +78.0% |
| Trade receivables | 40 | €15,654 | €5,324 | -€10,330 | -66.0% |
| Other amounts receivable | 41 | €24,779 | €66,628 | +€41,849 | +169% |
| Cash at bank and in hand | 54/58 | €4,203 | €932 | -€3,272 | -77.8% |
| Total equity and liabilities | 10/49 | €54,099 | €79,715 | +€25,616 | +47.4% |
| Equity | 10/15 | €3,834 | €37,710 | +€33,876 | +884% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €834 | €34,710 | +€33,876 | +4,064% |
| Amounts payable | 17/49 | €50,266 | €42,005 | -€8,260 | -16.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €50,266 | €42,005 | -€8,260 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €18,750 | +€6,750 | +56.3% |
| Trade debts | 44 | €9,718 | €694 | -€9,024 | -92.9% |
| Suppliers | 440/4 | €9,718 | €694 | -€9,024 | -92.9% |
| Taxes, remuneration and social security | 45 | €8,548 | €22,562 | +€14,014 | +164% |
| Taxes | 450/3 | €2,448 | €12,712 | +€10,264 | +419% |
| Remuneration and social security | 454/9 | €6,100 | €9,850 | +€3,750 | +61.5% |
| Other amounts payable | 47/48 | €20,000 | €0 | -€20,000 | -100% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,968 | €2,631 | +€663 | +33.7% |
| Other operating charges | 640/8 | €1,061 | €91 | -€970 | -91.4% |
| Gross operating margin | 9900 | €5,786 | €52,026 | +€46,241 | +799% |
| Operating profit (loss) | 9901 | €2,756 | €49,304 | +€46,548 | +1,689% |
| Financial income | 75/76B | €625 | €1,904 | +€1,279 | +204% |
| Recurring financial income | 75 | €625 | €1,904 | +€1,279 | +204% |
| Financial charges | 65/66B | €1,988 | €7,042 | +€5,055 | +254% |
| Recurring financial charges | 65 | €1,988 | €7,042 | +€5,055 | +254% |
| Profit (loss) for the period before taxes | 9903 | €1,394 | €44,166 | +€42,772 | +3,068% |
| Income taxes | 67/77 | €560 | €10,290 | +€9,729 | +1,736% |
| Profit (loss) for the period | 9904 | €834 | €33,876 | +€33,043 | +3,964% |
| Profit (loss) for the period to be appropriated | 9905 | €834 | €33,876 | +€33,043 | +3,964% |
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 23 October 2026 via checked.be.