MANDIBLE GUIDE: 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.
MANDIBLE GUIDE
Largest movements
- Receivables within one year +€11,061
up €11,061 (+43.5%), from €25,454 to €36,515
of which Other amounts receivable: +€8,972
- Intangible fixed assets +€9,695
up €9,695 (+62.4%), from €15,527 to €25,223
- Tangible fixed assets -€2,939
down €2,939 (-56.7%), from €5,181 to €2,241
- Cash +€2,053
up €2,053 (+24.2%), from €8,484 to €10,537
mainly Other debts (+€136,285) and Depreciation (+€8,254)
- Deferred charges and accrued income -€956
down €956 (-50.1%), from €1,909 to €953
- Other debts +€136,285
up €136,285 (+141.4%), from €96,398 to €232,683
- Profit (loss) carried forward -€109,597
down €109,597 (-86.8%), from -€126,261 to -€235,858
- Trade debts -€16,756
down €16,756 (-71.4%), from €23,478 to €6,722
- Tax, wage and social debts +€4,625
up €4,625 (+55.8%), from €8,288 to €12,914
of which Remuneration and social security: +€5,893
- Accrued charges and deferred income +€4,357
up €4,357 (+1176.4%), from €370 to €4,728
- Gross operating margin +€34,210
up €34,210 (+66.3%), from -€51,583 to -€17,373
- Staff costs +€18,358
up €18,358 (+30.6%), from €60,087 to €78,444
- Financial charges +€4,359
up €4,359 (+986.7%), from €442 to €4,801
- Depreciation +€4,058
up €4,058 (+96.7%), from €4,197 to €8,254
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 | €56,918 | €75,832 | +€18,914 | +33.2% |
| Fixed assets | 21/28 | €21,071 | €27,827 | +€6,756 | +32.1% |
| Intangible fixed assets | 21 | €15,527 | €25,223 | +€9,695 | +62.4% |
| Tangible fixed assets | 22/27 | €5,181 | €2,241 | -€2,939 | -56.7% |
| Plant, machinery and equipment | 23 | €5,181 | €2,241 | -€2,939 | -56.7% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €35,847 | €48,005 | +€12,158 | +33.9% |
| Amounts receivable within one year | 40/41 | €25,454 | €36,515 | +€11,061 | +43.5% |
| Trade receivables | 40 | - | €2,090 | +€2,090 | |
| Other amounts receivable | 41 | €25,454 | €34,425 | +€8,972 | +35.2% |
| Cash at bank and in hand | 54/58 | €8,484 | €10,537 | +€2,053 | +24.2% |
| Deferred charges and accrued income | 490/1 | €1,909 | €953 | -€956 | -50.1% |
| Total equity and liabilities | 10/49 | €56,918 | €75,832 | +€18,914 | +33.2% |
| Equity | 10/15 | -€71,618 | -€181,215 | -€109,597 | -153.0% |
| Contributions | 10/11 | €54,598 | €54,598 | = | 0.0% |
| Reserves | 13 | €45 | €45 | = | 0.0% |
| Tax-exempt reserves | 132 | €45 | €45 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,261 | -€235,858 | -€109,597 | -86.8% |
| Amounts payable | 17/49 | €128,536 | €257,047 | +€128,511 | +100.0% |
| Amounts payable within one year | 42/48 | €128,165 | €252,319 | +€124,154 | +96.9% |
| Trade debts | 44 | €23,478 | €6,722 | -€16,756 | -71.4% |
| Suppliers | 440/4 | €23,478 | €6,722 | -€16,756 | -71.4% |
| Taxes, remuneration and social security | 45 | €8,288 | €12,914 | +€4,625 | +55.8% |
| Taxes | 450/3 | €3,871 | €2,604 | -€1,267 | -32.7% |
| Remuneration and social security | 454/9 | €4,417 | €10,310 | +€5,893 | +133.4% |
| Other amounts payable | 47/48 | €96,398 | €232,683 | +€136,285 | +141.4% |
| Accrued charges and deferred income | 492/3 | €370 | €4,728 | +€4,357 | +1176.4% |
| Remuneration, social security and pensions | 62 | €60,087 | €78,444 | +€18,358 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,197 | €8,254 | +€4,058 | +96.7% |
| Other operating charges | 640/8 | €747 | €724 | -€23 | -3.1% |
| Non-recurring operating charges | 66A | €38,605 | - | -€38,605 | |
| Gross operating margin | 9900 | -€51,583 | -€17,373 | +€34,210 | +66.3% |
| Operating profit (loss) | 9901 | -€155,218 | -€104,796 | +€50,422 | +32.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €442 | €4,801 | +€4,359 | +986.7% |
| Recurring financial charges | 65 | €442 | €4,801 | +€4,359 | +986.7% |
| Profit (loss) for the period before taxes | 9903 | -€155,659 | -€109,597 | +€46,062 | +29.6% |
| Income taxes | 67/77 | €102 | - | -€102 | |
| Profit (loss) for the period | 9904 | -€155,761 | -€109,597 | +€46,164 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€155,761 | -€109,597 | +€46,164 | +29.6% |
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 3 October 2026 via checked.be.