MR BROWN: 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.
MR BROWN
Largest movements
- Current investments +€60,000
new in 2024: €60,000
- Receivables within one year +€21,033
up €21,033 (+129%), from €16,347 to €37,380
of which Other amounts receivable: +€10,917
- Cash -€9,746
down €9,746 (-83.3%), from €11,705 to €1,958
mainly Current investments (-€60,000) and Receivables within one year (-€21,033)
- Deferred charges and accrued income -€1,691
down €1,691 (-84.6%), from €2,000 to €309
- Debts after one year +€48,475
new in 2024: €48,475
- Profit (loss) carried forward +€14,997
up €14,997 (+36.0%), from €41,668 to €56,665
- Current portion of long-term debt +€7,759
new in 2024: €7,759
- Trade debts -€2,440
down €2,440 (-94.2%), from €2,590 to €150
- Gross operating margin +€11,701
up €11,701 (+75.9%), from €15,415 to €27,116
- Financial charges +€3,930
up €3,930 (+1,230%), from €319 to €4,249
- Taxes +€1,777
up €1,777 (+49.4%), from €3,601 to €5,379
- Staff costs +€1,493
new in 2024: €1,493
- Financial income -€1,025
down €1,025 (-99.1%), from €1,034 to €9
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 | €61,129 | €129,921 | +€68,793 | +113% |
| Fixed assets | 21/28 | €1,078 | €274 | -€803 | -74.5% |
| Tangible fixed assets | 22/27 | €1,078 | €274 | -€803 | -74.5% |
| Furniture and vehicles | 24 | €360 | €10 | -€350 | -97.2% |
| Other tangible fixed assets | 26 | €718 | €264 | -€453 | -63.2% |
| Current assets | 29/58 | €60,051 | €129,647 | +€69,596 | +116% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Trade receivables | 290 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,347 | €37,380 | +€21,033 | +129% |
| Trade receivables | 40 | €16,133 | €26,250 | +€10,116 | +62.7% |
| Other amounts receivable | 41 | €213 | €11,130 | +€10,917 | +5,120% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €11,705 | €1,958 | -€9,746 | -83.3% |
| Deferred charges and accrued income | 490/1 | €2,000 | €309 | -€1,691 | -84.6% |
| Total equity and liabilities | 10/49 | €61,129 | €129,921 | +€68,793 | +113% |
| Equity | 10/15 | €45,668 | €60,665 | +€14,997 | +32.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,668 | €56,665 | +€14,997 | +36.0% |
| Amounts payable | 17/49 | €15,461 | €69,256 | +€53,796 | +348% |
| Amounts payable after more than one year | 17 | - | €48,475 | +€48,475 | |
| Financial debts | 170/4 | - | €48,475 | +€48,475 | |
| Amounts payable within one year | 42/48 | €15,461 | €20,781 | +€5,321 | +34.4% |
| Current portion of amounts payable after more than one year | 42 | - | €7,759 | +€7,759 | |
| Trade debts | 44 | €2,590 | €150 | -€2,440 | -94.2% |
| Suppliers | 440/4 | €2,590 | €150 | -€2,440 | -94.2% |
| Taxes, remuneration and social security | 45 | €12,797 | €12,871 | +€74 | +0.6% |
| Taxes | 450/3 | €12,797 | €12,871 | +€74 | +0.6% |
| Other amounts payable | 47/48 | €73 | - | -€73 | |
| Remuneration, social security and pensions | 62 | - | €1,493 | +€1,493 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,826 | €803 | -€1,023 | -56.0% |
| Other operating charges | 640/8 | €131 | €205 | +€74 | +56.3% |
| Gross operating margin | 9900 | €15,415 | €27,116 | +€11,701 | +75.9% |
| Operating profit (loss) | 9901 | €13,458 | €24,616 | +€11,158 | +82.9% |
| Financial income | 75/76B | €1,034 | €9 | -€1,025 | -99.1% |
| Recurring financial income | 75 | €1,034 | €9 | -€1,025 | -99.1% |
| Financial charges | 65/66B | €319 | €4,249 | +€3,930 | +1,230% |
| Recurring financial charges | 65 | €319 | €4,249 | +€3,930 | +1,230% |
| Profit (loss) for the period before taxes | 9903 | €14,172 | €20,375 | +€6,203 | +43.8% |
| Income taxes | 67/77 | €3,601 | €5,379 | +€1,777 | +49.4% |
| Profit (loss) for the period | 9904 | €10,571 | €14,997 | +€4,426 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,571 | €14,997 | +€4,426 | +41.9% |
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 16 October 2026 via checked.be.