MISSING LINK COMMUNICATION: 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.
MISSING LINK COMMUNICATION
Largest movements
- Receivables within one year +€28,171
up €28,171 (+31.8%), from €88,620 to €116,791
of which Other amounts receivable: +€16,264
- Tangible fixed assets +€6,381
up €6,381 (+25.8%), from €24,734 to €31,115
of which Furniture and vehicles: +€6,790
- Cash -€2,801
down €2,801 (-70.6%), from €3,965 to €1,164
mainly Receivables within one year (-€28,171) and Investment in fixed assets (net) (-€7,531)
- Trade debts +€18,967
up €18,967 (+73.3%), from €25,889 to €44,856
- Reserves +€10,654
up €10,654 (+573%), from €1,860 to €12,514
- Tax, wage and social debts +€2,613
up €2,613 (+53.2%), from €4,912 to €7,525
- Other operating charges -€18,963
down €18,963 (-96.6%), from €19,636 to €673
- Taxes -€12,013
down €12,013 (-61.2%), from €19,626 to €7,613
- Gross operating margin -€3,649
down €3,649 (-17.1%), from €21,309 to €17,660
- Financial income +€1,273
up €1,273 (+82.4%), from €1,545 to €2,818
- Depreciation +€741
up €741 (+181%), from €410 to €1,151
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 | €117,617 | €149,851 | +€32,234 | +27.4% |
| Fixed assets | 21/28 | €24,734 | €31,115 | +€6,381 | +25.8% |
| Tangible fixed assets | 22/27 | €24,734 | €31,115 | +€6,381 | +25.8% |
| Plant, machinery and equipment | 23 | €24,734 | €24,325 | -€410 | -1.7% |
| Furniture and vehicles | 24 | - | €6,790 | +€6,790 | |
| Current assets | 29/58 | €92,883 | €118,736 | +€25,853 | +27.8% |
| Amounts receivable within one year | 40/41 | €88,620 | €116,791 | +€28,171 | +31.8% |
| Trade receivables | 40 | €47,443 | €59,350 | +€11,907 | +25.1% |
| Other amounts receivable | 41 | €41,178 | €57,442 | +€16,264 | +39.5% |
| Cash at bank and in hand | 54/58 | €3,965 | €1,164 | -€2,801 | -70.6% |
| Deferred charges and accrued income | 490/1 | €298 | €781 | +€483 | +162% |
| Total equity and liabilities | 10/49 | €117,617 | €149,851 | +€32,234 | +27.4% |
| Equity | 10/15 | €86,816 | €97,471 | +€10,654 | +12.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €12,514 | +€10,654 | +573% |
| Distributable reserves | 133 | €1,860 | €12,514 | +€10,654 | +573% |
| Profit (loss) carried forward | 14 | €72,556 | €72,556 | = | 0.0% |
| Amounts payable | 17/49 | €30,801 | €52,381 | +€21,580 | +70.1% |
| Amounts payable within one year | 42/48 | €30,801 | €52,381 | +€21,580 | +70.1% |
| Trade debts | 44 | €25,889 | €44,856 | +€18,967 | +73.3% |
| Suppliers | 440/4 | €25,889 | €44,856 | +€18,967 | +73.3% |
| Taxes, remuneration and social security | 45 | €4,912 | €7,525 | +€2,613 | +53.2% |
| Taxes | 450/3 | €4,912 | €7,525 | +€2,613 | +53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €410 | €1,151 | +€741 | +181% |
| Other operating charges | 640/8 | €19,636 | €673 | -€18,963 | -96.6% |
| Gross operating margin | 9900 | €21,309 | €17,660 | -€3,649 | -17.1% |
| Operating profit (loss) | 9901 | €1,263 | €15,837 | +€14,573 | +1,154% |
| Financial income | 75/76B | €1,545 | €2,818 | +€1,273 | +82.4% |
| Recurring financial income | 75 | €1,545 | €2,818 | +€1,273 | +82.4% |
| Financial charges | 65/66B | €765 | €388 | -€377 | -49.3% |
| Recurring financial charges | 65 | €765 | €388 | -€377 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | €2,043 | €18,267 | +€16,224 | +794% |
| Income taxes | 67/77 | €19,626 | €7,613 | -€12,013 | -61.2% |
| Profit (loss) for the period | 9904 | -€17,582 | €10,654 | +€28,237 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,582 | €10,654 | +€28,237 |
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 31 October 2026 via checked.be.