MANAGEMENT BVP: 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.
MANAGEMENT BVP
Largest movements
- Cash +€11,066
up €11,066 (+88.7%), from €12,476 to €23,542
mainly Net result for the year (+€9,498) and Tax, wage and social debts (+€1,906)
- Tangible fixed assets +€1,924
new in 2024: €1,924
- Reserves +€9,498
up €9,498 (+44.2%), from €21,466 to €30,964
- Tax, wage and social debts +€1,906
up €1,906 (+23.2%), from €8,215 to €10,121
of which Taxes: +€964
- Gross operating margin -€16,688
down €16,688 (-63.5%), from €26,273 to €9,584
- Taxes -€4,753
down €4,753 (-45.1%), from €10,547 to €5,794
- Financial income +€529
up €529 (+9.0%), from €5,871 to €6,400
- Depreciation +€444
new in 2024: €444
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 | €93,726 | €106,716 | +€12,990 | +13.9% |
| Fixed assets | 21/28 | €1,250 | €3,174 | +€1,924 | +154% |
| Tangible fixed assets | 22/27 | - | €1,924 | +€1,924 | |
| Furniture and vehicles | 24 | - | €1,924 | +€1,924 | |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €92,476 | €103,542 | +€11,066 | +12.0% |
| Amounts receivable within one year | 40/41 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 41 | €80,000 | €80,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,476 | €23,542 | +€11,066 | +88.7% |
| Total equity and liabilities | 10/49 | €93,726 | €106,716 | +€12,990 | +13.9% |
| Equity | 10/15 | €24,466 | €33,964 | +€9,498 | +38.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €21,466 | €30,964 | +€9,498 | +44.2% |
| Distributable reserves | 133 | €21,466 | €30,964 | +€9,498 | +44.2% |
| Amounts payable | 17/49 | €69,260 | €72,752 | +€3,491 | +5.0% |
| Amounts payable within one year | 42/48 | €69,260 | €72,752 | +€3,491 | +5.0% |
| Trade debts | 44 | €2,475 | €3,324 | +€849 | +34.3% |
| Suppliers | 440/4 | €2,475 | €3,324 | +€849 | +34.3% |
| Taxes, remuneration and social security | 45 | €8,215 | €10,121 | +€1,906 | +23.2% |
| Taxes | 450/3 | €5,781 | €6,745 | +€964 | +16.7% |
| Remuneration and social security | 454/9 | €2,434 | €3,376 | +€942 | +38.7% |
| Other amounts payable | 47/48 | €58,570 | €59,307 | +€737 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €444 | +€444 | |
| Other operating charges | 640/8 | €116 | €213 | +€97 | +83.0% |
| Gross operating margin | 9900 | €26,273 | €9,584 | -€16,688 | -63.5% |
| Operating profit (loss) | 9901 | €26,156 | €8,927 | -€17,229 | -65.9% |
| Financial income | 75/76B | €5,871 | €6,400 | +€529 | +9.0% |
| Recurring financial income | 75 | €5,871 | €6,400 | +€529 | +9.0% |
| Financial charges | 65/66B | €14 | €35 | +€21 | +149% |
| Recurring financial charges | 65 | €14 | €35 | +€21 | +149% |
| Profit (loss) for the period before taxes | 9903 | €32,013 | €15,292 | -€16,720 | -52.2% |
| Income taxes | 67/77 | €10,547 | €5,794 | -€4,753 | -45.1% |
| Profit (loss) for the period | 9904 | €21,466 | €9,498 | -€11,968 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,466 | €9,498 | -€11,968 | -55.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.