MELTING POT: 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.
MELTING POT
Largest movements
- Tangible fixed assets -€10,102
down €10,102 (-83.1%), from €12,153 to €2,051
of which Other tangible fixed assets: -€6,676
- Receivables within one year -€7,701
down €7,701 (-99.7%), from €7,721 to €20
of which Trade receivables: -€7,721
- Deferred charges and accrued income -€1,986
down €1,986 (-37.6%), from €5,286 to €3,300
- Cash -€363
down €363 (-13.4%), from €2,711 to €2,348
mainly Other debts (-€14,772) and Net result for the year (-€5,757)
- Other debts -€14,772
down €14,772 (-15.6%), from €94,777 to €80,005
- Profit (loss) carried forward -€5,757
down €5,757 (-6.5%), from -€89,205 to -€94,962
- Tax, wage and social debts +€643
up €643 (+214%), from €300 to €943
- Gross operating margin -€10,411
down €10,411 (-60.0%), from €17,349 to €6,938
- Other operating charges +€2,328
new in 2024: €2,328
- Financial charges -€1,305
down €1,305 (-88.8%), from €1,470 to €165
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 | €28,182 | €8,030 | -€20,151 | -71.5% |
| Fixed assets | 21/28 | €12,153 | €2,051 | -€10,102 | -83.1% |
| Tangible fixed assets | 22/27 | €12,153 | €2,051 | -€10,102 | -83.1% |
| Plant, machinery and equipment | 23 | €2,413 | €529 | -€1,884 | -78.1% |
| Furniture and vehicles | 24 | €2,049 | €507 | -€1,542 | -75.2% |
| Other tangible fixed assets | 26 | €7,691 | €1,015 | -€6,676 | -86.8% |
| Current assets | 29/58 | €16,029 | €5,979 | -€10,049 | -62.7% |
| Stocks and contracts in progress | 3 | €311 | €311 | = | 0.0% |
| Stocks | 30/36 | €311 | €311 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,721 | €20 | -€7,701 | -99.7% |
| Trade receivables | 40 | €7,721 | - | -€7,721 | |
| Other amounts receivable | 41 | - | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €2,711 | €2,348 | -€363 | -13.4% |
| Deferred charges and accrued income | 490/1 | €5,286 | €3,300 | -€1,986 | -37.6% |
| Total equity and liabilities | 10/49 | €28,182 | €8,030 | -€20,151 | -71.5% |
| Equity | 10/15 | -€70,605 | -€76,362 | -€5,757 | -8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,205 | -€94,962 | -€5,757 | -6.5% |
| Amounts payable | 17/49 | €98,787 | €84,392 | -€14,394 | -14.6% |
| Amounts payable within one year | 42/48 | €98,787 | €84,392 | -€14,394 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,709 | €3,444 | -€265 | -7.2% |
| Suppliers | 440/4 | €3,709 | €3,444 | -€265 | -7.2% |
| Taxes, remuneration and social security | 45 | €300 | €943 | +€643 | +214% |
| Taxes | 450/3 | €300 | €943 | +€643 | +214% |
| Other amounts payable | 47/48 | €94,777 | €80,005 | -€14,772 | -15.6% |
| Remuneration, social security and pensions | 62 | €41 | €100 | +€59 | +142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,098 | €10,102 | +€4 | 0.0% |
| Other operating charges | 640/8 | - | €2,328 | +€2,328 | |
| Gross operating margin | 9900 | €17,349 | €6,938 | -€10,411 | -60.0% |
| Operating profit (loss) | 9901 | €7,209 | -€5,592 | -€12,801 | |
| Financial charges | 65/66B | €1,470 | €165 | -€1,305 | -88.8% |
| Recurring financial charges | 65 | €1,470 | €165 | -€1,305 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | €5,739 | -€5,757 | -€11,496 | |
| Profit (loss) for the period | 9904 | €5,739 | -€5,757 | -€11,496 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,739 | -€5,757 | -€11,496 |
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 18 October 2026 via checked.be.