MANAGEMENT CONTROL CENTER: 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.
MANAGEMENT CONTROL CENTER
Largest movements
- Receivables within one year +€194,471
up €194,471 (+83.9%), from €231,881 to €426,352
of which Trade receivables: +€106,878
- Tangible fixed assets -€146,776
down €146,776 (-34.3%), from €427,613 to €280,838
of which Other tangible fixed assets: -€133,208
- Stocks and contracts -€58,600
down €58,600 (-81.3%), from €72,100 to €13,500
- Deferred charges and accrued income +€9,026
up €9,026 (+124.0%), from €7,282 to €16,307
- Trade debts +€118,357
up €118,357 (+20.9%), from €565,280 to €683,638
- Advances received -€115,600
down €115,600 (-100.0%), from €115,600 to €0
- Gross operating margin -€114,223
down €114,223 (-45.5%), from €251,114 to €136,891
- Other operating charges -€101,929
down €101,929 (-98.6%), from €103,386 to €1,457
- Financial income +€11,054
up €11,054 (+247.3%), from €4,470 to €15,524
- Depreciation +€9,140
up €9,140 (+6.6%), from €137,635 to €146,776
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 | €742,325 | €739,513 | -€2,812 | -0.4% |
| Fixed assets | 21/28 | €427,613 | €280,838 | -€146,776 | -34.3% |
| Tangible fixed assets | 22/27 | €427,613 | €280,838 | -€146,776 | -34.3% |
| Plant, machinery and equipment | 23 | €766 | €347 | -€418 | -54.6% |
| Furniture and vehicles | 24 | €61,749 | €48,599 | -€13,150 | -21.3% |
| Other tangible fixed assets | 26 | €365,099 | €231,891 | -€133,208 | -36.5% |
| Current assets | 29/58 | €314,711 | €458,675 | +€143,963 | +45.7% |
| Stocks and contracts in progress | 3 | €72,100 | €13,500 | -€58,600 | -81.3% |
| Stocks | 30/36 | €72,100 | €13,500 | -€58,600 | -81.3% |
| Amounts receivable within one year | 40/41 | €231,881 | €426,352 | +€194,471 | +83.9% |
| Trade receivables | 40 | €28,082 | €134,960 | +€106,878 | +380.6% |
| Other amounts receivable | 41 | €203,800 | €291,392 | +€87,593 | +43.0% |
| Cash at bank and in hand | 54/58 | €3,449 | €2,515 | -€934 | -27.1% |
| Deferred charges and accrued income | 490/1 | €7,282 | €16,307 | +€9,026 | +124.0% |
| Total equity and liabilities | 10/49 | €742,325 | €739,513 | -€2,812 | -0.4% |
| Equity | 10/15 | €43,663 | €44,305 | +€642 | +1.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,263 | €30,905 | +€642 | +2.1% |
| Amounts payable | 17/49 | €698,662 | €695,207 | -€3,455 | -0.5% |
| Amounts payable after more than one year | 17 | €6,160 | €0 | -€6,160 | -100.0% |
| Financial debts | 170/4 | €6,160 | €0 | -€6,160 | -100.0% |
| Amounts payable within one year | 42/48 | €692,502 | €695,207 | +€2,706 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €8,622 | €6,160 | -€2,462 | -28.6% |
| Trade debts | 44 | €565,280 | €683,638 | +€118,357 | +20.9% |
| Suppliers | 440/4 | €565,280 | €683,638 | +€118,357 | +20.9% |
| Advances received on contracts in progress | 46 | €115,600 | €0 | -€115,600 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,000 | €5,410 | +€2,410 | +80.3% |
| Taxes | 450/3 | €3,000 | €5,410 | +€2,410 | +80.3% |
| Non-recurring operating income | 76A | €6,032 | €0 | -€6,032 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,635 | €146,776 | +€9,140 | +6.6% |
| Other operating charges | 640/8 | €103,386 | €1,457 | -€101,929 | -98.6% |
| Non-recurring operating charges | 66A | €5,508 | €0 | -€5,508 | -100.0% |
| Gross operating margin | 9900 | €251,114 | €136,891 | -€114,223 | -45.5% |
| Operating profit (loss) | 9901 | €4,585 | -€11,342 | -€15,927 | |
| Financial income | 75/76B | €4,470 | €15,524 | +€11,054 | +247.3% |
| Recurring financial income | 75 | €4,470 | €15,524 | +€11,054 | +247.3% |
| Financial charges | 65/66B | €2,354 | €1,129 | -€1,225 | -52.0% |
| Recurring financial charges | 65 | €2,354 | €1,129 | -€1,225 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €6,701 | €3,052 | -€3,648 | -54.4% |
| Income taxes | 67/77 | €3,000 | €2,410 | -€589 | -19.7% |
| Profit (loss) for the period | 9904 | €3,701 | €642 | -€3,059 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,701 | €642 | -€3,059 | -82.6% |
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 29 September 2026 via checked.be.