MASTER MOVERS: 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.
MASTER MOVERS
Largest movements
- Tangible fixed assets -€6,667
down €6,667 (-35.3%), from €18,889 to €12,222
- Cash -€6,213
down €6,213 (-61.1%), from €10,170 to €3,958
mainly Net result for the year (-€20,388) and Debts after one year (-€4,461)
- Receivables within one year -€4,744
down €4,744 (-85.9%), from €5,522 to €778
of which Other amounts receivable: -€4,027
- Deferred charges and accrued income +€652
up €652 (+160.4%), from €406 to €1,058
- Profit (loss) carried forward -€20,388
down €20,388 (-506.5%), from -€4,025 to -€24,413
- Tax, wage and social debts +€6,299
up €6,299 (+70.0%), from €9,000 to €15,299
of which Remuneration and social security: +€4,814
- Debts after one year -€4,461
down €4,461 (-61.8%), from €7,217 to €2,757
- Other debts +€816
up €816 (+5.0%), from €16,293 to €17,109
- Trade debts +€446
up €446 (+52.0%), from €858 to €1,304
- Gross operating margin -€15,389
down €15,389, from €2,635 to -€12,755
- Depreciation +€1,589
up €1,589 (+31.3%), from €5,078 to €6,667
- Other operating charges -€894
down €894 (-88.3%), from €1,012 to €118
- Financial charges +€278
up €278 (+48.8%), from €570 to €849
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 | €34,987 | €18,016 | -€16,971 | -48.5% |
| Fixed assets | 21/28 | €18,889 | €12,222 | -€6,667 | -35.3% |
| Tangible fixed assets | 22/27 | €18,889 | €12,222 | -€6,667 | -35.3% |
| Furniture and vehicles | 24 | €18,889 | €12,222 | -€6,667 | -35.3% |
| Current assets | 29/58 | €16,099 | €5,794 | -€10,305 | -64.0% |
| Amounts receivable within one year | 40/41 | €5,522 | €778 | -€4,744 | -85.9% |
| Trade receivables | 40 | €1,485 | €768 | -€716 | -48.3% |
| Other amounts receivable | 41 | €4,037 | €10 | -€4,027 | -99.8% |
| Cash at bank and in hand | 54/58 | €10,170 | €3,958 | -€6,213 | -61.1% |
| Deferred charges and accrued income | 490/1 | €406 | €1,058 | +€652 | +160.4% |
| Total equity and liabilities | 10/49 | €34,987 | €18,016 | -€16,971 | -48.5% |
| Equity | 10/15 | -€2,525 | -€22,913 | -€20,388 | -807.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,025 | -€24,413 | -€20,388 | -506.5% |
| Amounts payable | 17/49 | €37,513 | €40,929 | +€3,417 | +9.1% |
| Amounts payable after more than one year | 17 | €7,217 | €2,757 | -€4,461 | -61.8% |
| Financial debts | 170/4 | €7,217 | €2,757 | -€4,461 | -61.8% |
| Amounts payable within one year | 42/48 | €30,295 | €38,173 | +€7,877 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €4,145 | €4,461 | +€316 | +7.6% |
| Trade debts | 44 | €858 | €1,304 | +€446 | +52.0% |
| Suppliers | 440/4 | €858 | €1,304 | +€446 | +52.0% |
| Taxes, remuneration and social security | 45 | €9,000 | €15,299 | +€6,299 | +70.0% |
| Taxes | 450/3 | - | €1,485 | +€1,485 | |
| Remuneration and social security | 454/9 | €9,000 | €13,814 | +€4,814 | +53.5% |
| Other amounts payable | 47/48 | €16,293 | €17,109 | +€816 | +5.0% |
| Non-recurring operating income | 76A | €9,967 | - | -€9,967 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,078 | €6,667 | +€1,589 | +31.3% |
| Other operating charges | 640/8 | €1,012 | €118 | -€894 | -88.3% |
| Gross operating margin | 9900 | €2,635 | -€12,755 | -€15,389 | |
| Operating profit (loss) | 9901 | -€3,455 | -€19,539 | -€16,085 | -465.6% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €570 | €849 | +€278 | +48.8% |
| Recurring financial charges | 65 | €570 | €849 | +€278 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,025 | -€20,388 | -€16,363 | -406.5% |
| Profit (loss) for the period | 9904 | -€4,025 | -€20,388 | -€16,363 | -406.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,025 | -€20,388 | -€16,363 | -406.5% |
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 28 September 2026 via checked.be.