ND: what changed
ND
Largest movements
- Receivables within one year -€6,435
down €6,435 (-20.9%), from €30,717 to €24,283
of which Other amounts receivable: -€4,299
- Cash -€2,965
down €2,965 (-14.4%), from €20,589 to €17,624
mainly Net result for the year (-€6,995) and Debts after one year (-€4,282)
- Profit (loss) carried forward -€6,995
down €6,995 (-50.1%), from €13,949 to €6,954
- Debts after one year -€4,282
no longer reported in 2024 (was €4,282)
- Current portion of long-term debt -€4,032
down €4,032 (-48.5%), from €8,314 to €4,282
- Tax, wage and social debts +€3,041
up €3,041 (+147%), from €2,066 to €5,107
of which Taxes: +€1,984
- Accrued charges and deferred income +€1,355
new in 2024: €1,355
- Purchases and services +€42,912
up €42,912 (+37.4%), from €114,671 to €157,582
- Turnover +€22,094
up €22,094 (+15.7%), from €141,140 to €163,233
- Gross operating margin -€20,818
down €20,818 (-78.7%), from €26,469 to €5,651
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 | €51,793 | €42,057 | -€9,736 | -18.8% |
| Fixed assets | 21/28 | €486 | €150 | -€336 | -69.1% |
| Tangible fixed assets | 22/27 | €336 | - | -€336 | |
| Furniture and vehicles | 24 | €336 | - | -€336 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €51,307 | €41,907 | -€9,400 | -18.3% |
| Amounts receivable within one year | 40/41 | €30,717 | €24,283 | -€6,435 | -20.9% |
| Trade receivables | 40 | €9,958 | €7,823 | -€2,136 | -21.4% |
| Other amounts receivable | 41 | €20,759 | €16,460 | -€4,299 | -20.7% |
| Cash at bank and in hand | 54/58 | €20,589 | €17,624 | -€2,965 | -14.4% |
| Total equity and liabilities | 10/49 | €51,793 | €42,057 | -€9,736 | -18.8% |
| Equity | 10/15 | €32,549 | €25,554 | -€6,995 | -21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,949 | €6,954 | -€6,995 | -50.1% |
| Amounts payable | 17/49 | €19,244 | €16,503 | -€2,741 | -14.2% |
| Amounts payable after more than one year | 17 | €4,282 | - | -€4,282 | |
| Financial debts | 170/4 | €4,282 | - | -€4,282 | |
| Amounts payable within one year | 42/48 | €14,962 | €15,148 | +€186 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €8,314 | €4,282 | -€4,032 | -48.5% |
| Trade debts | 44 | €4,582 | €5,759 | +€1,177 | +25.7% |
| Suppliers | 440/4 | €4,582 | €5,759 | +€1,177 | +25.7% |
| Taxes, remuneration and social security | 45 | €2,066 | €5,107 | +€3,041 | +147% |
| Taxes | 450/3 | €1,485 | €3,469 | +€1,984 | +134% |
| Remuneration and social security | 454/9 | €581 | €1,638 | +€1,057 | +182% |
| Accrued charges and deferred income | 492/3 | - | €1,355 | +€1,355 | |
| Turnover | 70 | €141,140 | €163,233 | +€22,094 | +15.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €114,671 | €157,582 | +€42,912 | +37.4% |
| Remuneration, social security and pensions | 62 | €6,554 | €8,098 | +€1,544 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €336 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,333 | €1,108 | -€1,225 | -52.5% |
| Non-recurring operating charges | 66A | €10,926 | - | -€10,926 | |
| Gross operating margin | 9900 | €26,469 | €5,651 | -€20,818 | -78.7% |
| Operating profit (loss) | 9901 | €6,320 | -€3,890 | -€10,211 | |
| Financial income | 75/76B | €373 | - | -€373 | |
| Recurring financial income | 75 | €373 | - | -€373 | |
| Financial charges | 65/66B | €1,498 | €3,105 | +€1,607 | +107% |
| Recurring financial charges | 65 | €1,498 | €3,105 | +€1,607 | +107% |
| Profit (loss) for the period before taxes | 9903 | €5,195 | -€6,995 | -€12,190 | |
| Profit (loss) for the period | 9904 | €5,195 | -€6,995 | -€12,190 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,195 | -€6,995 | -€12,190 |
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 7 November 2026 via checked.be.