LEVEL 33: 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.
LEVEL 33
Largest movements
- Cash -€53,055
down €53,055 (-99.9%), from €53,097 to €43
mainly Net result for the year (-€33,511) and Other debts (-€13,310)
- Receivables within one year +€11,212
up €11,212 (+916.1%), from €1,224 to €12,436
of which Trade receivables: +€11,015
- Tangible fixed assets -€6,561
down €6,561 (-96.2%), from €6,818 to €257
- Deferred charges and accrued income -€1,528
no longer reported in 2024 (was €1,528)
- Profit (loss) carried forward -€33,511
down €33,511 (-91.0%), from €36,821 to €3,310
- Other debts -€13,310
no longer reported in 2024 (was €13,310)
- Tax, wage and social debts -€2,662
down €2,662 (-81.8%), from €3,253 to €591
- Purchases and services -€90,068
down €90,068 (-68.9%), from €130,787 to €40,719
- Turnover -€74,678
down €74,678 (-86.2%), from €86,678 to €12,000
- Gross operating margin +€16,129
up €16,129 (+39.3%), from -€41,007 to -€24,879
- Depreciation -€1,407
down €1,407 (-17.7%), from €7,968 to €6,561
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 | €62,667 | €12,735 | -€49,932 | -79.7% |
| Fixed assets | 21/28 | €6,818 | €257 | -€6,561 | -96.2% |
| Tangible fixed assets | 22/27 | €6,818 | €257 | -€6,561 | -96.2% |
| Furniture and vehicles | 24 | €6,818 | €257 | -€6,561 | -96.2% |
| Current assets | 29/58 | €55,849 | €12,478 | -€43,371 | -77.7% |
| Amounts receivable within one year | 40/41 | €1,224 | €12,436 | +€11,212 | +916.1% |
| Trade receivables | 40 | €1,224 | €12,239 | +€11,015 | +900.1% |
| Other amounts receivable | 41 | - | €196 | +€196 | |
| Cash at bank and in hand | 54/58 | €53,097 | €43 | -€53,055 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,528 | - | -€1,528 | |
| Total equity and liabilities | 10/49 | €62,667 | €12,735 | -€49,932 | -79.7% |
| Equity | 10/15 | €44,881 | €11,370 | -€33,511 | -74.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,821 | €3,310 | -€33,511 | -91.0% |
| Amounts payable | 17/49 | €17,787 | €1,366 | -€16,421 | -92.3% |
| Amounts payable within one year | 42/48 | €17,787 | €1,366 | -€16,421 | -92.3% |
| Trade debts | 44 | €1,224 | €775 | -€449 | -36.7% |
| Suppliers | 440/4 | - | €775 | +€775 | |
| Bills of exchange payable | 441 | €1,224 | - | -€1,224 | |
| Taxes, remuneration and social security | 45 | €3,253 | €591 | -€2,662 | -81.8% |
| Taxes | 450/3 | €3,253 | €591 | -€2,662 | -81.8% |
| Other amounts payable | 47/48 | €13,310 | - | -€13,310 | |
| Turnover | 70 | €86,678 | €12,000 | -€74,678 | -86.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €130,787 | €40,719 | -€90,068 | -68.9% |
| Remuneration, social security and pensions | 62 | €457 | €225 | -€232 | -50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,968 | €6,561 | -€1,407 | -17.7% |
| Other operating charges | 640/8 | €742 | €1,355 | +€612 | +82.5% |
| Gross operating margin | 9900 | -€41,007 | -€24,879 | +€16,129 | +39.3% |
| Operating profit (loss) | 9901 | -€50,175 | -€33,020 | +€17,155 | +34.2% |
| Financial charges | 65/66B | €180 | €188 | +€8 | +4.5% |
| Recurring financial charges | 65 | €180 | €188 | +€8 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€50,355 | -€33,208 | +€17,147 | +34.1% |
| Income taxes | 67/77 | €297 | €303 | +€6 | +2.1% |
| Profit (loss) for the period | 9904 | -€50,652 | -€33,511 | +€17,141 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,652 | -€33,511 | +€17,141 | +33.8% |
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 29 September 2026 via checked.be.