LIKE TO USE: 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.
LIKE TO USE
Largest movements
- Cash +€80,854
up €80,854 (+30.5%), from €265,085 to €345,939
mainly Net result for the year (+€58,064) and Receivables within one year (+€17,114)
- Receivables within one year -€17,114
down €17,114 (-48.7%), from €35,155 to €18,041
of which Trade receivables: -€18,382
- Reserves +€58,065
up €58,065 (+20.2%), from €286,965 to €345,030
of which Distributable reserves: +€58,065
- Tax, wage and social debts +€10,397
up €10,397 (+21.5%), from €48,363 to €58,760
of which Taxes: +€13,671
- Gross operating margin -€4,645
down €4,645 (-5.2%), from €89,303 to €84,658
- Financial income +€3,077
up €3,077 (+1,789%), from €172 to €3,249
- Financial charges +€903
up €903 (+57.7%), from €1,564 to €2,467
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 | €347,045 | €411,693 | +€64,648 | +18.6% |
| Fixed assets | 21/28 | €4,034 | €2,770 | -€1,264 | -31.3% |
| Tangible fixed assets | 22/27 | €4,034 | €2,770 | -€1,264 | -31.3% |
| Plant, machinery and equipment | 23 | €1,516 | €1,058 | -€458 | -30.2% |
| Other tangible fixed assets | 26 | €2,518 | €1,712 | -€806 | -32.0% |
| Current assets | 29/58 | €343,011 | €408,923 | +€65,912 | +19.2% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,155 | €18,041 | -€17,114 | -48.7% |
| Trade receivables | 40 | €34,803 | €16,421 | -€18,382 | -52.8% |
| Other amounts receivable | 41 | €352 | €1,620 | +€1,268 | +360% |
| Current investments | 50/53 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €265,085 | €345,939 | +€80,854 | +30.5% |
| Deferred charges and accrued income | 490/1 | €2,771 | €4,943 | +€2,172 | +78.4% |
| Total equity and liabilities | 10/49 | €347,045 | €411,693 | +€64,648 | +18.6% |
| Equity | 10/15 | €293,165 | €351,230 | +€58,065 | +19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €286,965 | €345,030 | +€58,065 | +20.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €285,105 | €343,170 | +€58,065 | +20.4% |
| Amounts payable | 17/49 | €53,880 | €60,463 | +€6,583 | +12.2% |
| Amounts payable within one year | 42/48 | €53,880 | €60,463 | +€6,583 | +12.2% |
| Trade debts | 44 | €3,000 | €855 | -€2,145 | -71.5% |
| Suppliers | 440/4 | €3,000 | €855 | -€2,145 | -71.5% |
| Taxes, remuneration and social security | 45 | €48,363 | €58,760 | +€10,397 | +21.5% |
| Taxes | 450/3 | €45,089 | €58,760 | +€13,671 | +30.3% |
| Remuneration and social security | 454/9 | €3,274 | - | -€3,274 | |
| Other amounts payable | 47/48 | €2,517 | €848 | -€1,669 | -66.3% |
| Non-recurring operating income | 76A | €8,090 | - | -€8,090 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,079 | €1,959 | -€120 | -5.8% |
| Other operating charges | 640/8 | €228 | €735 | +€507 | +222% |
| Gross operating margin | 9900 | €89,303 | €84,658 | -€4,645 | -5.2% |
| Operating profit (loss) | 9901 | €86,996 | €81,964 | -€5,032 | -5.8% |
| Financial income | 75/76B | €172 | €3,249 | +€3,077 | +1,789% |
| Recurring financial income | 75 | €172 | €3,249 | +€3,077 | +1,789% |
| Financial charges | 65/66B | €1,564 | €2,467 | +€903 | +57.7% |
| Recurring financial charges | 65 | €1,564 | €2,467 | +€903 | +57.7% |
| Profit (loss) for the period before taxes | 9903 | €85,604 | €82,746 | -€2,858 | -3.3% |
| Income taxes | 67/77 | €24,768 | €24,682 | -€86 | -0.3% |
| Profit (loss) for the period | 9904 | €60,836 | €58,064 | -€2,772 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,836 | €58,064 | -€2,772 | -4.6% |
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 25 October 2026 via checked.be.