LOWCOSTCHASSIS: 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.
LOWCOSTCHASSIS
Largest movements
- Receivables within one year +€9,143
up €9,143 (+12.7%), from €72,089 to €81,232
of which Trade receivables: +€9,143
- Stocks and contracts +€6,238
up €6,238 (+64.8%), from €9,628 to €15,866
- Cash -€3,289
down €3,289 (-31.4%), from €10,469 to €7,179
mainly Trade debts (-€20,365) and Receivables within one year (-€9,143)
- Advances received +€27,028
up €27,028 (+473%), from €5,718 to €32,746
- Trade debts -€20,365
down €20,365 (-57.5%), from €35,424 to €15,059
of which Suppliers: -€21,629
- Tax, wage and social debts +€2,715
up €2,715 (+18.4%), from €14,730 to €17,445
of which Remuneration and social security: +€4,455
- Profit (loss) carried forward +€2,226
up €2,226 (+127%), from €1,751 to €3,977
- Purchases and services -€115,512
down €115,512 (-62.4%), from €185,143 to €69,632
- Turnover -€114,557
down €114,557 (-56.8%), from €201,551 to €86,994
- Staff costs +€2,565
up €2,565 (+21.6%), from €11,863 to €14,428
- Gross operating margin -€2,211
down €2,211 (-11.3%), from €19,574 to €17,363
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 | €93,674 | €105,277 | +€11,604 | +12.4% |
| Fixed assets | 21/28 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €93,674 | €105,277 | +€11,604 | +12.4% |
| Stocks and contracts in progress | 3 | €9,628 | €15,866 | +€6,238 | +64.8% |
| Stocks | 30/36 | €9,628 | €15,866 | +€6,238 | +64.8% |
| Amounts receivable within one year | 40/41 | €72,089 | €81,232 | +€9,143 | +12.7% |
| Trade receivables | 40 | €68,773 | €77,917 | +€9,143 | +13.3% |
| Other amounts receivable | 41 | €3,316 | €3,316 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,469 | €7,179 | -€3,289 | -31.4% |
| Deferred charges and accrued income | 490/1 | €1,488 | €1,000 | -€488 | -32.8% |
| Total equity and liabilities | 10/49 | €93,674 | €105,277 | +€11,604 | +12.4% |
| Equity | 10/15 | €22,211 | €24,437 | +€2,226 | +10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €1,751 | €3,977 | +€2,226 | +127% |
| Amounts payable | 17/49 | €71,463 | €80,841 | +€9,378 | +13.1% |
| Amounts payable within one year | 42/48 | €71,463 | €80,841 | +€9,378 | +13.1% |
| Trade debts | 44 | €35,424 | €15,059 | -€20,365 | -57.5% |
| Suppliers | 440/4 | €35,424 | €13,795 | -€21,629 | -61.1% |
| Bills of exchange payable | 441 | €0 | €1,264 | +€1,264 | |
| Advances received on contracts in progress | 46 | €5,718 | €32,746 | +€27,028 | +473% |
| Taxes, remuneration and social security | 45 | €14,730 | €17,445 | +€2,715 | +18.4% |
| Taxes | 450/3 | €9,160 | €7,420 | -€1,740 | -19.0% |
| Remuneration and social security | 454/9 | €5,570 | €10,025 | +€4,455 | +80.0% |
| Other amounts payable | 47/48 | €15,590 | €15,590 | = | 0.0% |
| Turnover | 70 | €201,551 | €86,994 | -€114,557 | -56.8% |
| Non-recurring operating income | 76A | €3,167 | - | -€3,167 | |
| Goods, raw materials, services and sundry goods | 60/61 | €185,143 | €69,632 | -€115,512 | -62.4% |
| Remuneration, social security and pensions | 62 | €11,863 | €14,428 | +€2,565 | +21.6% |
| Other operating charges | 640/8 | €835 | €95 | -€740 | -88.6% |
| Non-recurring operating charges | 66A | €337 | - | -€337 | |
| Gross operating margin | 9900 | €19,574 | €17,363 | -€2,211 | -11.3% |
| Operating profit (loss) | 9901 | €6,539 | €2,840 | -€3,699 | -56.6% |
| Financial income | 75/76B | €2,183 | €1,249 | -€933 | -42.8% |
| Recurring financial income | 75 | €2,183 | €1,249 | -€933 | -42.8% |
| Financial charges | 65/66B | €963 | €673 | -€290 | -30.1% |
| Recurring financial charges | 65 | €963 | €673 | -€290 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €7,759 | €3,417 | -€4,342 | -56.0% |
| Income taxes | 67/77 | €3,037 | €1,191 | -€1,847 | -60.8% |
| Profit (loss) for the period | 9904 | €4,721 | €2,226 | -€2,495 | -52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,721 | €2,226 | -€2,495 | -52.9% |
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 16 October 2026 via checked.be.