LINE CONCEPT: 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.
LINE CONCEPT
Largest movements
- Tangible fixed assets +€32,476
up €32,476 (+459.0%), from €7,075 to €39,551
of which Furniture and vehicles: +€23,032
- Cash +€31,418
up €31,418 (+629.4%), from €4,992 to €36,410
mainly Debts after one year (+€23,737) and Trade debts (+€16,985)
- Receivables within one year -€11,305
down €11,305 (-36.5%), from €30,940 to €19,636
of which Trade receivables: -€13,203
- Deferred charges and accrued income -€2,223
down €2,223 (-23.2%), from €9,561 to €7,338
- Debts after one year +€23,737
new in 2024: €23,737
- Trade debts +€16,985
up €16,985 (+56.9%), from €29,868 to €46,853
- Current portion of long-term debt +€6,557
new in 2024: €6,557
- Tax, wage and social debts +€1,834
up €1,834 (+56.4%), from €3,250 to €5,084
- Depreciation +€7,557
up €7,557 (+225.5%), from €3,352 to €10,909
- Financial charges +€2,866
up €2,866 (+1605.4%), from €179 to €3,044
- Gross operating margin +€2,368
up €2,368 (+15.5%), from €15,275 to €17,644
- Taxes -€1,416
down €1,416 (-43.6%), from €3,250 to €1,834
- Other operating charges +€871
up €871 (+160.8%), from €542 to €1,413
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 | €74,513 | €124,249 | +€49,735 | +66.7% |
| Formation expenses | 20 | €2,195 | €1,563 | -€632 | -28.8% |
| Fixed assets | 21/28 | €7,075 | €39,551 | +€32,476 | +459.0% |
| Tangible fixed assets | 22/27 | €7,075 | €39,551 | +€32,476 | +459.0% |
| Plant, machinery and equipment | 23 | €1,402 | €10,846 | +€9,444 | +673.4% |
| Furniture and vehicles | 24 | €5,673 | €28,705 | +€23,032 | +406.0% |
| Current assets | 29/58 | €65,243 | €83,134 | +€17,891 | +27.4% |
| Stocks and contracts in progress | 3 | €19,750 | €19,750 | = | 0.0% |
| Stocks | 30/36 | €19,750 | €19,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,940 | €19,636 | -€11,305 | -36.5% |
| Trade receivables | 40 | €29,539 | €16,336 | -€13,203 | -44.7% |
| Other amounts receivable | 41 | €1,401 | €3,300 | +€1,899 | +135.5% |
| Cash at bank and in hand | 54/58 | €4,992 | €36,410 | +€31,418 | +629.4% |
| Deferred charges and accrued income | 490/1 | €9,561 | €7,338 | -€2,223 | -23.2% |
| Total equity and liabilities | 10/49 | €74,513 | €124,249 | +€49,735 | +66.7% |
| Equity | 10/15 | €41,034 | €41,477 | +€444 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,434 | €22,877 | +€444 | +2.0% |
| Amounts payable | 17/49 | €33,480 | €82,771 | +€49,292 | +147.2% |
| Amounts payable after more than one year | 17 | - | €23,737 | +€23,737 | |
| Financial debts | 170/4 | - | €23,737 | +€23,737 | |
| Amounts payable within one year | 42/48 | €33,118 | €58,934 | +€25,816 | +77.9% |
| Current portion of amounts payable after more than one year | 42 | - | €6,557 | +€6,557 | |
| Trade debts | 44 | €29,868 | €46,853 | +€16,985 | +56.9% |
| Suppliers | 440/4 | €29,868 | €46,853 | +€16,985 | +56.9% |
| Taxes, remuneration and social security | 45 | €3,250 | €5,084 | +€1,834 | +56.4% |
| Taxes | 450/3 | €3,250 | €5,084 | +€1,834 | +56.4% |
| Other amounts payable | 47/48 | - | €440 | +€440 | |
| Accrued charges and deferred income | 492/3 | €361 | €100 | -€261 | -72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,352 | €10,909 | +€7,557 | +225.5% |
| Other operating charges | 640/8 | €542 | €1,413 | +€871 | +160.8% |
| Gross operating margin | 9900 | €15,275 | €17,644 | +€2,368 | +15.5% |
| Operating profit (loss) | 9901 | €11,382 | €5,322 | -€6,060 | -53.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €179 | €3,044 | +€2,866 | +1605.4% |
| Recurring financial charges | 65 | €179 | €3,044 | +€2,866 | +1605.4% |
| Profit (loss) for the period before taxes | 9903 | €11,205 | €2,278 | -€8,927 | -79.7% |
| Income taxes | 67/77 | €3,250 | €1,834 | -€1,416 | -43.6% |
| Profit (loss) for the period | 9904 | €7,954 | €444 | -€7,511 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,954 | €444 | -€7,511 | -94.4% |
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.