Never-2-Late: 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.
Never-2-Late
Largest movements
- Receivables within one year +€22,782
up €22,782 (+4705.8%), from €484 to €23,266
of which Trade receivables: +€22,991
- Tangible fixed assets +€7,568
new in 2024: €7,568
- Formation expenses -€348
down €348 (-54.4%), from €640 to €291
- Tax, wage and social debts +€16,631
new in 2024: €16,631
- Profit (loss) carried forward +€10,799
up €10,799 (+58.2%), from -€18,551 to -€7,752
- Trade debts +€8,780
up €8,780 (+217.6%), from €4,035 to €12,815
- Accrued charges and deferred income -€7,230
down €7,230 (-100.0%), from €7,230 to €0
- Short-term financial debts +€3,168
new in 2024: €3,168
- Gross operating margin +€30,383
up €30,383, from -€7,254 to €23,130
- Taxes +€7,745
new in 2024: €7,745
- Other operating charges +€1,423
up €1,423 (+114.4%), from €1,244 to €2,667
- Depreciation +€1,318
up €1,318 (+378.4%), from €348 to €1,666
- Financial charges +€253
up €253 (+1422.0%), from €18 to €271
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,124 | €31,305 | +€30,181 | +2685.4% |
| Formation expenses | 20 | €640 | €291 | -€348 | -54.4% |
| Fixed assets | 21/28 | - | €7,748 | +€7,748 | |
| Tangible fixed assets | 22/27 | - | €7,568 | +€7,568 | |
| Furniture and vehicles | 24 | - | €7,568 | +€7,568 | |
| Financial fixed assets | 28 | - | €180 | +€180 | |
| Current assets | 29/58 | €484 | €23,266 | +€22,782 | +4705.8% |
| Amounts receivable within one year | 40/41 | €484 | €23,266 | +€22,782 | +4705.8% |
| Trade receivables | 40 | - | €22,991 | +€22,991 | |
| Other amounts receivable | 41 | €484 | €275 | -€209 | -43.2% |
| Total equity and liabilities | 10/49 | €1,124 | €31,305 | +€30,181 | +2685.4% |
| Equity | 10/15 | -€12,551 | -€1,752 | +€10,799 | +86.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,551 | -€7,752 | +€10,799 | +58.2% |
| Amounts payable | 17/49 | €13,675 | €33,057 | +€19,382 | +141.7% |
| Amounts payable within one year | 42/48 | €6,445 | €33,057 | +€26,612 | +412.9% |
| Financial debts | 43 | - | €3,168 | +€3,168 | |
| Credit institutions | 430/8 | - | €3,168 | +€3,168 | |
| Trade debts | 44 | €4,035 | €12,815 | +€8,780 | +217.6% |
| Suppliers | 440/4 | €4,035 | €12,815 | +€8,780 | +217.6% |
| Taxes, remuneration and social security | 45 | - | €16,631 | +€16,631 | |
| Taxes | 450/3 | - | €16,631 | +€16,631 | |
| Other amounts payable | 47/48 | €2,410 | €442 | -€1,967 | -81.6% |
| Accrued charges and deferred income | 492/3 | €7,230 | €0 | -€7,230 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €348 | €1,666 | +€1,318 | +378.4% |
| Other operating charges | 640/8 | €1,244 | €2,667 | +€1,423 | +114.4% |
| Gross operating margin | 9900 | -€7,254 | €23,130 | +€30,383 | |
| Operating profit (loss) | 9901 | -€8,846 | €18,796 | +€27,642 | |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €18 | €271 | +€253 | +1422.0% |
| Recurring financial charges | 65 | €18 | €271 | +€253 | +1422.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,864 | €18,544 | +€27,408 | |
| Income taxes | 67/77 | - | €7,745 | +€7,745 | |
| Profit (loss) for the period | 9904 | -€8,864 | €10,799 | +€19,663 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,864 | €10,799 | +€19,663 |
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.