Matching Square: 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.
Matching Square
Largest movements
- Cash -€56,632
down €56,632 (-81.4%), from €69,603 to €12,971
mainly Investment in fixed assets (net) (-€74,288) and Receivables within one year (-€14,051)
- Intangible fixed assets +€53,688
up €53,688 (+92.2%), from €58,248 to €111,937
- Receivables within one year +€14,051
up €14,051 (+162.1%), from €8,668 to €22,719
of which Trade receivables: +€18,100
- Trade debts +€6,563
up €6,563 (+123.8%), from €5,299 to €11,862
- Contributions +€2,500
up €2,500 (+7.1%), from €35,171 to €37,671
- Profit (loss) carried forward +€1,955
up €1,955 (+15.1%), from -€12,961 to -€11,007
- Gross operating margin +€34,786
up €34,786, from -€10,146 to €24,641
- Depreciation +€18,964
up €18,964 (+722.6%), from €2,624 to €21,588
- Other operating charges +€847
new in 2024: €847
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 | €137,509 | €148,526 | +€11,018 | +8.0% |
| Formation expenses | 20 | €989 | €0 | -€989 | -100.0% |
| Fixed assets | 21/28 | €58,248 | €111,937 | +€53,688 | +92.2% |
| Intangible fixed assets | 21 | €58,248 | €111,937 | +€53,688 | +92.2% |
| Current assets | 29/58 | €78,272 | €36,590 | -€41,682 | -53.3% |
| Amounts receivable within one year | 40/41 | €8,668 | €22,719 | +€14,051 | +162.1% |
| Trade receivables | 40 | - | €18,100 | +€18,100 | |
| Other amounts receivable | 41 | €8,668 | €4,619 | -€4,049 | -46.7% |
| Cash at bank and in hand | 54/58 | €69,603 | €12,971 | -€56,632 | -81.4% |
| Deferred charges and accrued income | 490/1 | - | €900 | +€900 | |
| Total equity and liabilities | 10/49 | €137,509 | €148,526 | +€11,018 | +8.0% |
| Equity | 10/15 | €22,210 | €26,664 | +€4,455 | +20.1% |
| Contributions | 10/11 | €35,171 | €37,671 | +€2,500 | +7.1% |
| Profit (loss) carried forward | 14 | -€12,961 | -€11,007 | +€1,955 | +15.1% |
| Amounts payable | 17/49 | €115,299 | €121,862 | +€6,563 | +5.7% |
| Amounts payable after more than one year | 17 | €110,000 | €110,000 | = | 0.0% |
| Other amounts payable | 178/9 | €110,000 | €110,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,299 | €11,862 | +€6,563 | +123.8% |
| Trade debts | 44 | €5,299 | €11,862 | +€6,563 | +123.8% |
| Suppliers | 440/4 | €5,299 | €11,862 | +€6,563 | +123.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,624 | €21,588 | +€18,964 | +722.6% |
| Other operating charges | 640/8 | - | €847 | +€847 | |
| Gross operating margin | 9900 | -€10,146 | €24,641 | +€34,786 | |
| Operating profit (loss) | 9901 | -€12,770 | €2,206 | +€14,976 | |
| Financial charges | 65/66B | €191 | €251 | +€60 | +31.3% |
| Recurring financial charges | 65 | €191 | €251 | +€60 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,961 | €1,955 | +€14,916 | |
| Profit (loss) for the period | 9904 | -€12,961 | €1,955 | +€14,916 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,961 | €1,955 | +€14,916 |
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 30 September 2026 via checked.be.