MADE IN BEL: 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.
MADE IN BEL
Largest movements
- Receivables within one year +€19,093
up €19,093 (+2,902%), from €658 to €19,751
of which Trade receivables: +€13,800
- Profit (loss) carried forward +€8,438
up €8,438, from -€1,007 to €7,431
- Trade debts +€4,523
up €4,523 (+389%), from €1,162 to €5,685
- Other debts +€3,347
new in 2024: €3,347
- Tax, wage and social debts +€2,798
new in 2024: €2,798
- Gross operating margin +€9,424
up €9,424, from -€995 to €8,429
- Taxes +€1,730
new in 2024: €1,730
- Other operating charges +€234
new in 2024: €234
- Financial charges +€123
up €123 (+1,008%), from €12 to €136
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.
Derived cash bridge
A cash bridge needs two consecutive financial 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 | €658 | €19,762 | +€19,104 | +2,904% |
| Current assets | 29/58 | €658 | €19,762 | +€19,104 | +2,904% |
| Amounts receivable within one year | 40/41 | €658 | €19,751 | +€19,093 | +2,902% |
| Trade receivables | 40 | - | €13,800 | +€13,800 | |
| Other amounts receivable | 41 | €658 | €5,951 | +€5,293 | +805% |
| Cash at bank and in hand | 54/58 | - | €10 | +€10 | |
| Total equity and liabilities | 10/49 | €658 | €19,762 | +€19,104 | +2,904% |
| Equity | 10/15 | -€507 | €7,931 | +€8,438 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,007 | €7,431 | +€8,438 | |
| Amounts payable | 17/49 | €1,165 | €11,830 | +€10,666 | +916% |
| Amounts payable within one year | 42/48 | €1,165 | €11,830 | +€10,666 | +916% |
| Financial debts | 43 | €3 | - | -€3 | |
| Credit institutions | 430/8 | €3 | - | -€3 | |
| Trade debts | 44 | €1,162 | €5,685 | +€4,523 | +389% |
| Suppliers | 440/4 | €1,162 | €5,685 | +€4,523 | +389% |
| Taxes, remuneration and social security | 45 | - | €2,798 | +€2,798 | |
| Taxes | 450/3 | - | €2,798 | +€2,798 | |
| Other amounts payable | 47/48 | - | €3,347 | +€3,347 | |
| Other operating charges | 640/8 | - | €234 | +€234 | |
| Gross operating margin | 9900 | -€995 | €8,429 | +€9,424 | |
| Operating profit (loss) | 9901 | -€995 | €8,195 | +€9,190 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €12 | €136 | +€123 | +1,008% |
| Recurring financial charges | 65 | €12 | €136 | +€123 | +1,008% |
| Profit (loss) for the period before taxes | 9903 | -€1,007 | €8,060 | +€9,067 | |
| Income taxes | 67/77 | - | €1,730 | +€1,730 | |
| Profit (loss) for the period | 9904 | -€1,007 | €6,331 | +€7,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,007 | €6,331 | +€7,337 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.