MATTY CILISSEN: what changed
Two financial 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.
MATTY CILISSEN
Largest movements
- Receivables within one year +€17,586
up €17,586 (+45.3%), from €38,819 to €56,405
of which Trade receivables: +€9,946
- Cash -€5,302
down €5,302 (-79.3%), from €6,690 to €1,388
mainly Receivables within one year (-€17,586) and Tax, wage and social debts (-€3,046)
- Tangible fixed assets +€644
up €644, from €0 to €644
of which Furniture and vehicles: +€644
- Profit (loss) carried forward +€15,537
up €15,537 (+100%), from €15,490 to €31,028
- Tax, wage and social debts -€3,046
down €3,046 (-27.6%), from €11,055 to €8,009
- Gross operating margin +€20,278
up €20,278 (+566%), from €3,585 to €23,863
- Taxes +€6,253
up €6,253 (+436%), from €1,433 to €7,686
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.
Derived cash bridge
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 | €45,508 | €58,438 | +€12,929 | +28.4% |
| Fixed assets | 21/28 | €0 | €644 | +€644 | |
| Tangible fixed assets | 22/27 | €0 | €644 | +€644 | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €644 | +€644 | |
| Current assets | 29/58 | €45,508 | €57,793 | +€12,285 | +27.0% |
| Amounts receivable within one year | 40/41 | €38,819 | €56,405 | +€17,586 | +45.3% |
| Trade receivables | 40 | - | €9,946 | +€9,946 | |
| Other amounts receivable | 41 | €38,819 | €46,459 | +€7,640 | +19.7% |
| Cash at bank and in hand | 54/58 | €6,690 | €1,388 | -€5,302 | -79.3% |
| Total equity and liabilities | 10/49 | €45,508 | €58,438 | +€12,929 | +28.4% |
| Equity | 10/15 | €34,090 | €49,628 | +€15,537 | +45.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,490 | €31,028 | +€15,537 | +100% |
| Amounts payable | 17/49 | €11,418 | €8,810 | -€2,608 | -22.8% |
| Amounts payable within one year | 42/48 | €11,418 | €8,810 | -€2,608 | -22.8% |
| Trade debts | 44 | €363 | €801 | +€438 | +121% |
| Suppliers | 440/4 | €363 | €801 | +€438 | +121% |
| Taxes, remuneration and social security | 45 | €11,055 | €8,009 | -€3,046 | -27.6% |
| Taxes | 450/3 | €11,055 | €8,009 | -€3,046 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195 | €135 | -€61 | -31.0% |
| Other operating charges | 640/8 | €359 | €124 | -€235 | -65.5% |
| Gross operating margin | 9900 | €3,585 | €23,863 | +€20,278 | +566% |
| Operating profit (loss) | 9901 | €3,031 | €23,604 | +€20,573 | +679% |
| Financial charges | 65/66B | €437 | €381 | -€57 | -13.0% |
| Recurring financial charges | 65 | €437 | €381 | -€57 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €2,593 | €23,224 | +€20,630 | +795% |
| Income taxes | 67/77 | €1,433 | €7,686 | +€6,253 | +436% |
| Profit (loss) for the period | 9904 | €1,161 | €15,537 | +€14,377 | +1,239% |
| Profit (loss) for the period to be appropriated | 9905 | €1,161 | €15,537 | +€14,377 | +1,239% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.