MINIMAL: 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.
MINIMAL
Largest movements
- Cash +€60,866
up €60,866 (+133.1%), from €45,728 to €106,594
mainly Net result for the year (+€72,943) and Tax, wage and social debts (+€32,902)
- Receivables within one year +€35,014
up €35,014 (+31.0%), from €112,923 to €147,937
of which Other amounts receivable: +€35,264
- Financial fixed assets +€5,800
up €5,800 (+1657.1%), from €350 to €6,150
- Tangible fixed assets +€3,381
up €3,381 (+108.4%), from €3,118 to €6,499
- Profit (loss) carried forward +€72,943
up €72,943 (+59.1%), from €123,420 to €196,363
- Tax, wage and social debts +€32,902
up €32,902 (+109.4%), from €30,084 to €62,985
- Gross operating margin +€23,289
up €23,289 (+26.6%), from €87,401 to €110,690
- Taxes +€15,381
up €15,381 (+60.0%), from €25,640 to €41,021
- Financial income +€2,362
up €2,362 (+58.2%), from €4,059 to €6,421
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 | €162,578 | €267,638 | +€105,060 | +64.6% |
| Fixed assets | 21/28 | €3,468 | €12,649 | +€9,181 | +264.7% |
| Tangible fixed assets | 22/27 | €3,118 | €6,499 | +€3,381 | +108.4% |
| Furniture and vehicles | 24 | €3,118 | €6,499 | +€3,381 | +108.4% |
| Financial fixed assets | 28 | €350 | €6,150 | +€5,800 | +1657.1% |
| Current assets | 29/58 | €159,109 | €254,989 | +€95,880 | +60.3% |
| Amounts receivable within one year | 40/41 | €112,923 | €147,937 | +€35,014 | +31.0% |
| Trade receivables | 40 | €17,494 | €17,244 | -€250 | -1.4% |
| Other amounts receivable | 41 | €95,429 | €130,693 | +€35,264 | +37.0% |
| Cash at bank and in hand | 54/58 | €45,728 | €106,594 | +€60,866 | +133.1% |
| Deferred charges and accrued income | 490/1 | €458 | €458 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €162,578 | €267,638 | +€105,060 | +64.6% |
| Equity | 10/15 | €130,420 | €203,363 | +€72,943 | +55.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,420 | €196,363 | +€72,943 | +59.1% |
| Amounts payable | 17/49 | €32,157 | €64,275 | +€32,117 | +99.9% |
| Amounts payable within one year | 42/48 | €32,157 | €64,275 | +€32,117 | +99.9% |
| Trade debts | 44 | €2,073 | €1,289 | -€784 | -37.8% |
| Suppliers | 440/4 | €2,073 | €1,289 | -€784 | -37.8% |
| Taxes, remuneration and social security | 45 | €30,084 | €62,985 | +€32,902 | +109.4% |
| Taxes | 450/3 | €30,084 | €62,985 | +€32,902 | +109.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,917 | €2,703 | +€786 | +41.0% |
| Other operating charges | 640/8 | - | €259 | +€259 | |
| Non-recurring operating charges | 66A | €10 | €0 | -€10 | -100.0% |
| Gross operating margin | 9900 | €87,401 | €110,690 | +€23,289 | +26.6% |
| Operating profit (loss) | 9901 | €85,474 | €107,729 | +€22,254 | +26.0% |
| Financial income | 75/76B | €4,059 | €6,421 | +€2,362 | +58.2% |
| Recurring financial income | 75 | €4,059 | €6,421 | +€2,362 | +58.2% |
| Financial charges | 65/66B | €596 | €186 | -€410 | -68.8% |
| Recurring financial charges | 65 | €596 | €186 | -€410 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | €88,937 | €113,964 | +€25,027 | +28.1% |
| Income taxes | 67/77 | €25,640 | €41,021 | +€15,381 | +60.0% |
| Profit (loss) for the period | 9904 | €63,298 | €72,943 | +€9,645 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,298 | €72,943 | +€9,645 | +15.2% |
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 6 October 2026 via checked.be.