Lesser Gray: 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.
Lesser Gray
Largest movements
- Cash -€1,580
down €1,580 (-93.5%), from €1,690 to €110
mainly Net result for the year (-€5,807)
- Formation expenses -€355
down €355 (-100.0%), from €355 to €0
- Receivables within one year -€201
down €201 (-37.9%), from €530 to €329
- Profit (loss) carried forward -€5,807
down €5,807 (-8.9%), from -€65,452 to -€71,259
- Other debts +€1,919
up €1,919 (+3.0%), from €63,000 to €64,919
- Trade debts +€1,751
up €1,751 (+6313.3%), from €28 to €1,779
- Gross operating margin +€61,905
up €61,905 (+96.8%), from -€63,925 to -€2,020
- Financial charges +€3,088
new in 2024: €3,088
- Depreciation -€1,007
down €1,007 (-73.9%), from €1,363 to €355
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 | €2,576 | €439 | -€2,137 | -83.0% |
| Formation expenses | 20 | €355 | €0 | -€355 | -100.0% |
| Current assets | 29/58 | €2,220 | €439 | -€1,781 | -80.2% |
| Amounts receivable within one year | 40/41 | €530 | €329 | -€201 | -37.9% |
| Other amounts receivable | 41 | €530 | €329 | -€201 | -37.9% |
| Cash at bank and in hand | 54/58 | €1,690 | €110 | -€1,580 | -93.5% |
| Total equity and liabilities | 10/49 | €2,576 | €439 | -€2,137 | -83.0% |
| Equity | 10/15 | -€60,452 | -€66,259 | -€5,807 | -9.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,452 | -€71,259 | -€5,807 | -8.9% |
| Amounts payable | 17/49 | €63,028 | €66,698 | +€3,670 | +5.8% |
| Amounts payable within one year | 42/48 | €63,028 | €66,698 | +€3,670 | +5.8% |
| Trade debts | 44 | €28 | €1,779 | +€1,751 | +6313.3% |
| Suppliers | 440/4 | €28 | €1,779 | +€1,751 | +6313.3% |
| Other amounts payable | 47/48 | €63,000 | €64,919 | +€1,919 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,363 | €355 | -€1,007 | -73.9% |
| Other operating charges | 640/8 | €165 | €344 | +€179 | +108.4% |
| Gross operating margin | 9900 | -€63,925 | -€2,020 | +€61,905 | +96.8% |
| Operating profit (loss) | 9901 | -€65,452 | -€2,719 | +€62,733 | +95.8% |
| Financial charges | 65/66B | - | €3,088 | +€3,088 | |
| Recurring financial charges | 65 | - | €3,088 | +€3,088 | |
| Profit (loss) for the period before taxes | 9903 | -€65,452 | -€5,807 | +€59,645 | +91.1% |
| Profit (loss) for the period | 9904 | -€65,452 | -€5,807 | +€59,645 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,452 | -€5,807 | +€59,645 | +91.1% |
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 3 October 2026 via checked.be.