Mess: 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.
Mess
Largest movements
- Cash +€83,482
up €83,482 (+97.8%), from €85,340 to €168,822
mainly Other debts (+€103,680) and Net result for the year (+€69,072)
- Tangible fixed assets +€35,942
up €35,942 (+46.5%), from €77,230 to €113,172
of which Plant, machinery and equipment: +€36,850
- Deferred charges and accrued income +€7,039
up €7,039 (+98.2%), from €7,166 to €14,205
- Other debts +€103,680
new in 2024: €103,680
- Profit (loss) carried forward -€30,928
down €30,928 (-42.4%), from €72,891 to €41,963
- Tax, wage and social debts +€29,784
up €29,784 (+39.5%), from €75,400 to €105,185
of which Taxes: +€17,851
- Trade debts +€27,275
up €27,275 (+44.1%), from €61,857 to €89,133
- Gross operating margin +€95,285
up €95,285 (+14.1%), from €673,973 to €769,258
- Taxes +€23,543
up €23,543 (+553.9%), from €4,250 to €27,794
- Staff costs +€18,962
up €18,962 (+3.0%), from €634,486 to €653,449
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 | €231,060 | €360,420 | +€129,360 | +56.0% |
| Fixed assets | 21/28 | €77,636 | €113,578 | +€35,942 | +46.3% |
| Tangible fixed assets | 22/27 | €77,230 | €113,172 | +€35,942 | +46.5% |
| Plant, machinery and equipment | 23 | €48,662 | €85,512 | +€36,850 | +75.7% |
| Furniture and vehicles | 24 | €1,730 | €3,576 | +€1,846 | +106.7% |
| Other tangible fixed assets | 26 | €26,838 | €24,084 | -€2,754 | -10.3% |
| Financial fixed assets | 28 | €406 | €406 | = | 0.0% |
| Current assets | 29/58 | €153,424 | €246,842 | +€93,418 | +60.9% |
| Stocks and contracts in progress | 3 | €10,913 | €11,636 | +€723 | +6.6% |
| Stocks | 30/36 | €10,913 | €11,636 | +€723 | +6.6% |
| Amounts receivable within one year | 40/41 | €50,006 | €52,179 | +€2,174 | +4.3% |
| Trade receivables | 40 | €50,006 | €52,179 | +€2,174 | +4.3% |
| Cash at bank and in hand | 54/58 | €85,340 | €168,822 | +€83,482 | +97.8% |
| Deferred charges and accrued income | 490/1 | €7,166 | €14,205 | +€7,039 | +98.2% |
| Total equity and liabilities | 10/49 | €231,060 | €360,420 | +€129,360 | +56.0% |
| Equity | 10/15 | €93,803 | €62,423 | -€31,380 | -33.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,891 | €41,963 | -€30,928 | -42.4% |
| Investment grants | 15 | €452 | - | -€452 | |
| Amounts payable | 17/49 | €137,257 | €297,997 | +€160,740 | +117.1% |
| Amounts payable within one year | 42/48 | €137,257 | €297,997 | +€160,740 | +117.1% |
| Trade debts | 44 | €61,857 | €89,133 | +€27,275 | +44.1% |
| Suppliers | 440/4 | €61,857 | €89,133 | +€27,275 | +44.1% |
| Taxes, remuneration and social security | 45 | €75,400 | €105,185 | +€29,784 | +39.5% |
| Taxes | 450/3 | €25,283 | €43,134 | +€17,851 | +70.6% |
| Remuneration and social security | 454/9 | €50,117 | €62,051 | +€11,934 | +23.8% |
| Other amounts payable | 47/48 | - | €103,680 | +€103,680 | |
| Remuneration, social security and pensions | 62 | €634,486 | €653,449 | +€18,962 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,097 | €17,498 | +€1,401 | +8.7% |
| Other operating charges | 640/8 | €1,125 | €907 | -€219 | -19.4% |
| Non-recurring operating charges | 66A | - | €763 | +€763 | |
| Gross operating margin | 9900 | €673,973 | €769,258 | +€95,285 | +14.1% |
| Operating profit (loss) | 9901 | €22,265 | €96,642 | +€74,377 | +334.1% |
| Financial income | 75/76B | €2,236 | €676 | -€1,560 | -69.8% |
| Recurring financial income | 75 | €2,236 | €676 | -€1,560 | -69.8% |
| Financial charges | 65/66B | €872 | €453 | -€419 | -48.1% |
| Recurring financial charges | 65 | €872 | €453 | -€419 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €23,629 | €96,866 | +€73,236 | +309.9% |
| Income taxes | 67/77 | €4,250 | €27,794 | +€23,543 | +553.9% |
| Profit (loss) for the period | 9904 | €19,379 | €69,072 | +€49,693 | +256.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,379 | €69,072 | +€49,693 | +256.4% |
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.