LOGGIN: 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.
LOGGIN
Largest movements
- Receivables after one year +€572,500
new in 2024: €572,500
- Cash -€340,400
down €340,400 (-66.3%), from €513,065 to €172,665
- Receivables within one year +€130,025
up €130,025 (+54.8%), from €237,480 to €367,505
of which Other amounts receivable: +€128,900
- Tangible fixed assets +€67,899
up €67,899 (+252.0%), from €26,943 to €94,841
- Stocks and contracts +€14,992
new in 2024: €14,992
- Profit (loss) carried forward +€319,471
up €319,471 (+65.2%), from €489,651 to €809,122
- Other debts +€199,062
up €199,062 (+10274.0%), from €1,938 to €201,000
- Tax, wage and social debts -€86,291
down €86,291 (-35.9%), from €240,167 to €153,876
of which Taxes: -€74,054
- Trade debts +€12,750
up €12,750 (+24.3%), from €52,454 to €65,204
- Gross operating margin +€282,381
up €282,381 (+65.6%), from €430,566 to €712,947
- Taxes +€114,158
up €114,158 (+124.6%), from €91,594 to €205,752
- Other operating charges +€109,620
up €109,620 (+1979.2%), from €5,539 to €115,159
- Staff costs +€109,323
up €109,323 (+197.0%), from €55,481 to €164,804
- Depreciation +€16,561
up €16,561 (+357.1%), from €4,638 to €21,199
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €796,609 | €1,241,601 | +€444,993 | +55.9% |
| Fixed assets | 21/28 | €45,278 | €112,676 | +€67,399 | +148.9% |
| Tangible fixed assets | 22/27 | €26,943 | €94,841 | +€67,899 | +252.0% |
| Plant, machinery and equipment | 23 | €9,896 | €36,906 | +€27,010 | +272.9% |
| Furniture and vehicles | 24 | €13,817 | €28,167 | +€14,351 | +103.9% |
| Other tangible fixed assets | 26 | €3,230 | €29,768 | +€26,538 | +821.6% |
| Financial fixed assets | 28 | €18,335 | €17,835 | -€500 | -2.7% |
| Current assets | 29/58 | €751,331 | €1,128,925 | +€377,594 | +50.3% |
| Amounts receivable after more than one year | 29 | - | €572,500 | +€572,500 | |
| Other amounts receivable | 291 | - | €572,500 | +€572,500 | |
| Stocks and contracts in progress | 3 | - | €14,992 | +€14,992 | |
| Stocks | 30/36 | - | €14,992 | +€14,992 | |
| Amounts receivable within one year | 40/41 | €237,480 | €367,505 | +€130,025 | +54.8% |
| Trade receivables | 40 | €4,840 | €5,965 | +€1,125 | +23.3% |
| Other amounts receivable | 41 | €232,640 | €361,540 | +€128,900 | +55.4% |
| Cash at bank and in hand | 54/58 | €513,065 | €172,665 | -€340,400 | -66.3% |
| Deferred charges and accrued income | 490/1 | €786 | €1,262 | +€477 | +60.7% |
| Total equity and liabilities | 10/49 | €796,609 | €1,241,601 | +€444,993 | +55.9% |
| Equity | 10/15 | €502,051 | €821,522 | +€319,471 | +63.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €489,651 | €809,122 | +€319,471 | +65.2% |
| Amounts payable | 17/49 | €294,558 | €420,080 | +€125,522 | +42.6% |
| Amounts payable within one year | 42/48 | €294,558 | €420,080 | +€125,522 | +42.6% |
| Trade debts | 44 | €52,454 | €65,204 | +€12,750 | +24.3% |
| Suppliers | 440/4 | €52,454 | €65,204 | +€12,750 | +24.3% |
| Taxes, remuneration and social security | 45 | €240,167 | €153,876 | -€86,291 | -35.9% |
| Taxes | 450/3 | €193,726 | €119,672 | -€74,054 | -38.2% |
| Remuneration and social security | 454/9 | €46,441 | €34,204 | -€12,237 | -26.3% |
| Other amounts payable | 47/48 | €1,938 | €201,000 | +€199,062 | +10274.0% |
| Remuneration, social security and pensions | 62 | €55,481 | €164,804 | +€109,323 | +197.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,638 | €21,199 | +€16,561 | +357.1% |
| Other operating charges | 640/8 | €5,539 | €115,159 | +€109,620 | +1979.2% |
| Gross operating margin | 9900 | €430,566 | €712,947 | +€282,381 | +65.6% |
| Operating profit (loss) | 9901 | €364,909 | €411,785 | +€46,877 | +12.8% |
| Financial income | 75/76B | €12 | €1 | -€10 | -89.6% |
| Recurring financial income | 75 | €12 | €1 | -€10 | -89.6% |
| Financial charges | 65/66B | €220 | €3,542 | +€3,323 | +1512.3% |
| Recurring financial charges | 65 | €220 | €3,542 | +€3,323 | +1512.3% |
| Profit (loss) for the period before taxes | 9903 | €364,701 | €408,244 | +€43,544 | +11.9% |
| Income taxes | 67/77 | €91,594 | €205,752 | +€114,158 | +124.6% |
| Profit (loss) for the period | 9904 | €273,106 | €202,492 | -€70,614 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €273,106 | €202,492 | -€70,614 | -25.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.