MR XHEJO: what changed
MR XHEJO
Largest movements
- Cash -€2,745
down €2,745 (-30.8%), from €8,918 to €6,173
mainly Contributions, distributions and other (-€15,000) and Advances received (-€4,730)
- Tangible fixed assets -€361
down €361 (-62.8%), from €575 to €214
- Advances received -€4,730
no longer reported in 2024 (was €4,730)
- Trade debts +€2,248
up €2,248 (+138%), from €1,634 to €3,882
- Tax, wage and social debts -€499
down €499 (-47.6%), from €1,049 to €550
of which Remuneration and social security: -€499
- Staff costs -€16,079
no longer reported in 2024 (was €16,079)
- Gross operating margin +€5,623
up €5,623 (+43.4%), from €12,945 to €18,568
- Taxes +€1,241
new in 2024: €1,241
- Financial charges +€1,113
up €1,113 (+1,712%), from €65 to €1,178
- Other operating charges +€242
up €242 (+33.8%), from €715 to €957
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,361 | €12,316 | -€3,045 | -19.8% |
| Fixed assets | 21/28 | €575 | €214 | -€361 | -62.8% |
| Tangible fixed assets | 22/27 | €575 | €214 | -€361 | -62.8% |
| Furniture and vehicles | 24 | €575 | €214 | -€361 | -62.8% |
| Current assets | 29/58 | €14,786 | €12,102 | -€2,684 | -18.2% |
| Amounts receivable within one year | 40/41 | €5,868 | €5,929 | +€61 | +1.0% |
| Other amounts receivable | 41 | €5,868 | €5,929 | +€61 | +1.0% |
| Cash at bank and in hand | 54/58 | €8,918 | €6,173 | -€2,745 | -30.8% |
| Total equity and liabilities | 10/49 | €15,361 | €12,316 | -€3,045 | -19.8% |
| Equity | 10/15 | €4,829 | €4,765 | -€64 | -1.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,329 | €2,265 | -€64 | -2.7% |
| Amounts payable | 17/49 | €10,532 | €7,551 | -€2,981 | -28.3% |
| Amounts payable within one year | 42/48 | €10,532 | €7,551 | -€2,981 | -28.3% |
| Trade debts | 44 | €1,634 | €3,882 | +€2,248 | +138% |
| Suppliers | 440/4 | €1,634 | €3,882 | +€2,248 | +138% |
| Advances received on contracts in progress | 46 | €4,730 | - | -€4,730 | |
| Taxes, remuneration and social security | 45 | €1,049 | €550 | -€499 | -47.6% |
| Taxes | 450/3 | €550 | €550 | = | 0.0% |
| Remuneration and social security | 454/9 | €499 | - | -€499 | |
| Other amounts payable | 47/48 | €3,119 | €3,119 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €16,079 | - | -€16,079 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €362 | €361 | -€1 | -0.3% |
| Other operating charges | 640/8 | €715 | €957 | +€242 | +33.8% |
| Gross operating margin | 9900 | €12,945 | €18,568 | +€5,623 | +43.4% |
| Operating profit (loss) | 9901 | -€4,211 | €17,250 | +€21,461 | |
| Financial income | 75/76B | - | €105 | +€105 | |
| Recurring financial income | 75 | - | €105 | +€105 | |
| Financial charges | 65/66B | €65 | €1,178 | +€1,113 | +1,712% |
| Recurring financial charges | 65 | €65 | €1,178 | +€1,113 | +1,712% |
| Profit (loss) for the period before taxes | 9903 | -€4,276 | €16,177 | +€20,453 | |
| Income taxes | 67/77 | - | €1,241 | +€1,241 | |
| Profit (loss) for the period | 9904 | -€4,276 | €14,936 | +€19,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,276 | €14,936 | +€19,212 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.