Machiavel: 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.
Machiavel
Largest movements
- Cash -€59,507
down €59,507 (-92.9%), from €64,022 to €4,515
mainly Trade debts (-€57,162) and Accrued charges and deferred income (-€38,250)
- Receivables within one year -€46,706
down €46,706 (-80.2%), from €58,236 to €11,530
of which Trade receivables: -€38,250
- Trade debts -€57,162
down €57,162 (-78.5%), from €72,863 to €15,701
- Accrued charges and deferred income -€38,250
no longer reported in 2024 (was €38,250)
- Profit (loss) carried forward -€10,801
down €10,801 (-19.2%), from -€56,317 to -€67,118
- Gross operating margin -€24,263
down €24,263, from €13,652 to -€10,611
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 | €131,795 | €25,582 | -€106,213 | -80.6% |
| Fixed assets | 21/28 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €130,795 | €24,582 | -€106,213 | -81.2% |
| Amounts receivable within one year | 40/41 | €58,236 | €11,530 | -€46,706 | -80.2% |
| Trade receivables | 40 | €46,250 | €8,000 | -€38,250 | -82.7% |
| Other amounts receivable | 41 | €11,986 | €3,530 | -€8,456 | -70.6% |
| Current investments | 50/53 | €8,538 | €8,538 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,022 | €4,515 | -€59,507 | -92.9% |
| Total equity and liabilities | 10/49 | €131,795 | €25,582 | -€106,213 | -80.6% |
| Equity | 10/15 | -€54,317 | -€65,118 | -€10,801 | -19.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,317 | -€67,118 | -€10,801 | -19.2% |
| Amounts payable | 17/49 | €186,113 | €90,701 | -€95,412 | -51.3% |
| Amounts payable within one year | 42/48 | €147,863 | €90,701 | -€57,162 | -38.7% |
| Trade debts | 44 | €72,863 | €15,701 | -€57,162 | -78.5% |
| Suppliers | 440/4 | €72,863 | €15,701 | -€57,162 | -78.5% |
| Other amounts payable | 47/48 | €75,000 | €75,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €38,250 | - | -€38,250 | |
| Other operating charges | 640/8 | €125 | - | -€125 | |
| Gross operating margin | 9900 | €13,652 | -€10,611 | -€24,263 | |
| Operating profit (loss) | 9901 | €13,527 | -€10,611 | -€24,138 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €110 | €199 | +€88 | +80.3% |
| Recurring financial charges | 65 | €110 | €199 | +€88 | +80.3% |
| Profit (loss) for the period before taxes | 9903 | €13,417 | -€10,801 | -€24,217 | |
| Profit (loss) for the period | 9904 | €13,417 | -€10,801 | -€24,217 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,417 | -€10,801 | -€24,217 |
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 18 October 2026 via checked.be.