LIVING CAPITAL: 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.
LIVING CAPITAL
Largest movements
- Receivables within one year -€35,856
down €35,856 (-32.7%), from €109,559 to €73,703
- Cash +€2,658
up €2,658 (+30.2%), from €8,798 to €11,457
mainly Net result for the year (+€60,790) and Receivables within one year (+€35,856)
- Other debts -€108,591
down €108,591 (-8.8%), from €1.2m to €1.1m
- Profit (loss) carried forward +€60,790
up €60,790 (+5.1%), from -€1.2m to -€1.1m
- Tax, wage and social debts +€20,116
new in 2024: €20,116
- Trade debts -€5,512
down €5,512 (-11.0%), from €50,317 to €44,804
- Gross operating margin -€271,665
down €271,665 (-81.3%), from €334,247 to €62,582
- Financial charges -€27,667
down €27,667 (-97.9%), from €28,270 to €603
- Other operating charges -€4,209
no longer reported in 2024 (was €4,209)
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 | €118,447 | €85,250 | -€33,197 | -28.0% |
| Fixed assets | 21/28 | €90 | €90 | = | 0.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €118,357 | €85,160 | -€33,197 | -28.0% |
| Amounts receivable within one year | 40/41 | €109,559 | €73,703 | -€35,856 | -32.7% |
| Other amounts receivable | 41 | €109,559 | €73,703 | -€35,856 | -32.7% |
| Cash at bank and in hand | 54/58 | €8,798 | €11,457 | +€2,658 | +30.2% |
| Total equity and liabilities | 10/49 | €118,447 | €85,250 | -€33,197 | -28.0% |
| Equity | 10/15 | -€1,159,744 | -€1,098,954 | +€60,790 | +5.2% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €1,850 | €1,850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,850 | €1,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,850 | €1,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,192,580 | -€1,131,791 | +€60,790 | +5.1% |
| Amounts payable | 17/49 | €1,278,191 | €1,184,204 | -€93,987 | -7.4% |
| Amounts payable within one year | 42/48 | €1,278,191 | €1,184,204 | -€93,987 | -7.4% |
| Trade debts | 44 | €50,317 | €44,804 | -€5,512 | -11.0% |
| Suppliers | 440/4 | €50,317 | €44,804 | -€5,512 | -11.0% |
| Taxes, remuneration and social security | 45 | - | €20,116 | +€20,116 | |
| Taxes | 450/3 | - | €20,116 | +€20,116 | |
| Other amounts payable | 47/48 | €1,227,874 | €1,119,284 | -€108,591 | -8.8% |
| Non-recurring operating income | 76A | €441,000 | - | -€441,000 | |
| Other operating charges | 640/8 | €4,209 | - | -€4,209 | |
| Non-recurring operating charges | 66A | €462,710 | €1,200 | -€461,510 | -99.7% |
| Gross operating margin | 9900 | €334,247 | €62,582 | -€271,665 | -81.3% |
| Operating profit (loss) | 9901 | -€132,673 | €61,382 | +€194,055 | |
| Financial income | 75/76B | €2 | €10 | +€8 | +397% |
| Recurring financial income | 75 | €2 | €10 | +€8 | +397% |
| Financial charges | 65/66B | €28,270 | €603 | -€27,667 | -97.9% |
| Recurring financial charges | 65 | €28,270 | €603 | -€27,667 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | -€160,941 | €60,790 | +€221,730 | |
| Profit (loss) for the period | 9904 | -€160,941 | €60,790 | +€221,730 | |
| Profit (loss) for the period to be appropriated | 9905 | -€160,941 | €60,790 | +€221,730 |
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 26 October 2026 via checked.be.