MAKE IT SIMPLE: 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.
MAKE IT SIMPLE
Largest movements
- Receivables within one year +€16,481
up €16,481 (+251.7%), from €6,549 to €23,030
of which Trade receivables: +€16,414
- Cash +€3,429
up €3,429 (+72.4%), from €4,735 to €8,164
mainly Trade debts (+€16,613) and Net result for the year (+€3,599)
- Trade debts +€16,613
up €16,613 (+238.8%), from €6,957 to €23,570
- Profit (loss) carried forward +€3,599
up €3,599 (+2.8%), from -€128,033 to -€124,434
- Tax, wage and social debts -€3,077
down €3,077 (-35.5%), from €8,660 to €5,583
- Other debts +€2,797
up €2,797 (+2.4%), from €116,839 to €119,636
- Gross operating margin +€48,826
up €48,826, from -€44,139 to €4,687
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.
Cash bridge derived
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 | €11,378 | €31,310 | +€19,932 | +175.2% |
| Current assets | 29/58 | €11,378 | €31,310 | +€19,932 | +175.2% |
| Amounts receivable within one year | 40/41 | €6,549 | €23,030 | +€16,481 | +251.7% |
| Trade receivables | 40 | €6,509 | €22,923 | +€16,414 | +252.2% |
| Other amounts receivable | 41 | €40 | €107 | +€67 | +167.5% |
| Cash at bank and in hand | 54/58 | €4,735 | €8,164 | +€3,429 | +72.4% |
| Deferred charges and accrued income | 490/1 | €94 | €116 | +€22 | +23.4% |
| Total equity and liabilities | 10/49 | €11,378 | €31,310 | +€19,932 | +175.2% |
| Equity | 10/15 | -€121,078 | -€117,479 | +€3,599 | +3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €755 | €755 | = | 0.0% |
| Non-distributable reserves | 130/1 | €755 | €755 | = | 0.0% |
| Reserves not available under the articles | 1311 | €755 | €755 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€128,033 | -€124,434 | +€3,599 | +2.8% |
| Amounts payable | 17/49 | €132,456 | €148,789 | +€16,333 | +12.3% |
| Amounts payable within one year | 42/48 | €132,456 | €148,789 | +€16,333 | +12.3% |
| Trade debts | 44 | €6,957 | €23,570 | +€16,613 | +238.8% |
| Suppliers | 440/4 | €6,957 | €23,570 | +€16,613 | +238.8% |
| Taxes, remuneration and social security | 45 | €8,660 | €5,583 | -€3,077 | -35.5% |
| Taxes | 450/3 | €8,660 | €5,583 | -€3,077 | -35.5% |
| Other amounts payable | 47/48 | €116,839 | €119,636 | +€2,797 | +2.4% |
| Other operating charges | 640/8 | €707 | €536 | -€171 | -24.2% |
| Gross operating margin | 9900 | -€44,139 | €4,687 | +€48,826 | |
| Operating profit (loss) | 9901 | -€44,846 | €4,151 | +€48,997 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €241 | €552 | +€311 | +129.0% |
| Recurring financial charges | 65 | €141 | €552 | +€411 | +291.5% |
| Non-recurring financial charges | 66B | €100 | - | -€100 | |
| Profit (loss) for the period before taxes | 9903 | -€45,077 | €3,599 | +€48,676 | |
| Profit (loss) for the period | 9904 | -€45,077 | €3,599 | +€48,676 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,077 | €3,599 | +€48,676 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.