Many: 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.
Many
Largest movements
- Cash +€53,009
up €53,009 (+29.0%), from €182,593 to €235,602
mainly Net result for the year (+€72,425) and Depreciation (+€18,940)
- Tangible fixed assets -€18,940
down €18,940 (-21.0%), from €90,347 to €71,407
of which Plant, machinery and equipment: -€10,549
- Receivables within one year -€6,039
down €6,039 (-22.8%), from €26,525 to €20,486
of which Other amounts receivable: -€6,139
- Profit (loss) carried forward +€72,425
up €72,425 (+47.1%), from €153,803 to €226,228
- Trade debts -€34,948
down €34,948 (-79.0%), from €44,209 to €9,262
- Tax, wage and social debts -€9,448
down €9,448 (-16.7%), from €56,523 to €47,075
of which Taxes: -€7,880
- Purchases and services -€27,680
down €27,680 (-4.7%), from €587,837 to €560,157
- Turnover -€25,881
down €25,881 (-3.6%), from €724,670 to €698,789
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 | €299,995 | €328,025 | +€28,030 | +9.3% |
| Fixed assets | 21/28 | €90,347 | €71,407 | -€18,940 | -21.0% |
| Tangible fixed assets | 22/27 | €90,347 | €71,407 | -€18,940 | -21.0% |
| Land and buildings | 22 | €57,875 | €49,484 | -€8,392 | -14.5% |
| Plant, machinery and equipment | 23 | €32,472 | €21,923 | -€10,549 | -32.5% |
| Current assets | 29/58 | €209,648 | €256,618 | +€46,970 | +22.4% |
| Amounts receivable within one year | 40/41 | €26,525 | €20,486 | -€6,039 | -22.8% |
| Trade receivables | 40 | €6,953 | €7,053 | +€100 | +1.4% |
| Other amounts receivable | 41 | €19,572 | €13,433 | -€6,139 | -31.4% |
| Cash at bank and in hand | 54/58 | €182,593 | €235,602 | +€53,009 | +29.0% |
| Deferred charges and accrued income | 490/1 | €530 | €530 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €299,995 | €328,025 | +€28,030 | +9.3% |
| Equity | 10/15 | €199,263 | €271,688 | +€72,425 | +36.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,860 | €26,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,803 | €226,228 | +€72,425 | +47.1% |
| Amounts payable | 17/49 | €100,732 | €56,337 | -€44,395 | -44.1% |
| Amounts payable within one year | 42/48 | €100,732 | €56,337 | -€44,395 | -44.1% |
| Trade debts | 44 | €44,209 | €9,262 | -€34,948 | -79.0% |
| Suppliers | 440/4 | €44,209 | €9,262 | -€34,948 | -79.0% |
| Taxes, remuneration and social security | 45 | €56,523 | €47,075 | -€9,448 | -16.7% |
| Taxes | 450/3 | €54,955 | €47,075 | -€7,880 | -14.3% |
| Remuneration and social security | 454/9 | €1,568 | - | -€1,568 | |
| Turnover | 70 | €724,670 | €698,789 | -€25,881 | -3.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €587,837 | €560,157 | -€27,680 | -4.7% |
| Remuneration, social security and pensions | 62 | €13,158 | €16,727 | +€3,570 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,996 | €18,940 | -€2,055 | -9.8% |
| Other operating charges | 640/8 | €5,577 | €2,587 | -€2,990 | -53.6% |
| Gross operating margin | 9900 | €136,833 | €138,632 | +€1,799 | +1.3% |
| Operating profit (loss) | 9901 | €97,102 | €100,377 | +€3,274 | +3.4% |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €144 | €119 | -€25 | -17.3% |
| Recurring financial charges | 65 | €144 | €119 | -€25 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €96,976 | €100,258 | +€3,282 | +3.4% |
| Income taxes | 67/77 | €26,990 | €27,833 | +€843 | +3.1% |
| Profit (loss) for the period | 9904 | €69,986 | €72,425 | +€2,439 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,986 | €72,425 | +€2,439 | +3.5% |
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 6 October 2026 via checked.be.