M68: 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.
M68
Largest movements
- Cash +€105,430
up €105,430 (+202%), from €52,224 to €157,654
mainly Net result for the year (+€182,818) and Receivables within one year (+€8,897)
- Receivables within one year -€8,897
down €8,897 (-12.7%), from €69,980 to €61,082
of which Other amounts receivable: -€33,702
- Reserves +€164,350
up €164,350 (+925%), from €17,770 to €182,119
of which Distributable reserves: +€164,350
- Other debts -€71,769
down €71,769 (-91.1%), from €78,797 to €7,027
- Profit (loss) carried forward +€9,858
up €9,858, from -€9,858 to €0
- Tax, wage and social debts -€5,303
down €5,303 (-19.2%), from €27,570 to €22,267
- Gross operating margin +€169,703
up €169,703 (+187%), from €90,699 to €260,401
- Taxes +€61,836
up €61,836 (+419%), from €14,757 to €76,593
- Financial charges -€3,643
down €3,643 (-80.9%), from €4,502 to €858
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 | €123,296 | €220,166 | +€96,870 | +78.6% |
| Current assets | 29/58 | €123,296 | €220,166 | +€96,870 | +78.6% |
| Amounts receivable within one year | 40/41 | €69,980 | €61,082 | -€8,897 | -12.7% |
| Trade receivables | 40 | €30,250 | €55,055 | +€24,805 | +82.0% |
| Other amounts receivable | 41 | €39,730 | €6,027 | -€33,702 | -84.8% |
| Cash at bank and in hand | 54/58 | €52,224 | €157,654 | +€105,430 | +202% |
| Deferred charges and accrued income | 490/1 | €1,093 | €1,430 | +€337 | +30.9% |
| Total equity and liabilities | 10/49 | €123,296 | €220,166 | +€96,870 | +78.6% |
| Equity | 10/15 | €16,588 | €190,796 | +€174,208 | +1,050% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €17,770 | €182,119 | +€164,350 | +925% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €17,770 | €182,119 | +€164,350 | +925% |
| Profit (loss) carried forward | 14 | -€9,858 | €0 | +€9,858 | |
| Amounts payable | 17/49 | €106,708 | €29,371 | -€77,338 | -72.5% |
| Amounts payable within one year | 42/48 | €106,708 | €29,371 | -€77,338 | -72.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €341 | €77 | -€265 | -77.6% |
| Suppliers | 440/4 | €341 | €77 | -€265 | -77.6% |
| Taxes, remuneration and social security | 45 | €27,570 | €22,267 | -€5,303 | -19.2% |
| Taxes | 450/3 | €27,570 | €22,267 | -€5,303 | -19.2% |
| Other amounts payable | 47/48 | €78,797 | €7,027 | -€71,769 | -91.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €841 | €505 | -€336 | -39.9% |
| Gross operating margin | 9900 | €90,699 | €260,401 | +€169,703 | +187% |
| Operating profit (loss) | 9901 | €89,858 | €259,896 | +€170,038 | +189% |
| Financial income | 75/76B | €876 | €374 | -€502 | -57.4% |
| Recurring financial income | 75 | €876 | €374 | -€502 | -57.4% |
| Financial charges | 65/66B | €4,502 | €858 | -€3,643 | -80.9% |
| Recurring financial charges | 65 | €4,502 | €858 | -€3,643 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | €86,232 | €259,411 | +€173,179 | +201% |
| Income taxes | 67/77 | €14,757 | €76,593 | +€61,836 | +419% |
| Profit (loss) for the period | 9904 | €71,475 | €182,818 | +€111,343 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €71,475 | €182,818 | +€111,343 | +156% |
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 19 October 2026 via checked.be.