Skip to content

NEVER ANOTHER: 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.

What changed

NEVER ANOTHER

BE 0799.366.013
NACE 16.281, Manufacture of other wood products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€19,211
2023 · -€24,813+€5,602
Equity
-€39,024
2023 · -€19,813-€19,211
Cash
€176
2023 · €426-€249
Balance sheet total
€27,781
2023 · €26,166+€1,615

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€3,215

    up €3,215 (+150.6%), from €2,136 to €5,351

    of which Plant, machinery and equipment: +€3,820

  • Receivables within one year -€644

    down €644 (-70.0%), from €920 to €276

    of which Other amounts receivable: -€644

  • Stocks and contracts -€631

    down €631 (-13.7%), from €4,613 to €3,981

  • Intangible fixed assets -€510

    down €510 (-2.8%), from €18,073 to €17,563

  • Deferred charges and accrued income +€433

    new in 2024: €433

Equity and liabilities
  • Other debts +€20,641

    up €20,641 (+44.9%), from €45,979 to €66,620

  • Profit (loss) carried forward -€19,211

    down €19,211 (-77.4%), from -€24,813 to -€44,024

Income statement
  • Gross operating margin +€7,812

    up €7,812 (+40.0%), from -€19,521 to -€11,709

  • Depreciation +€1,776

    up €1,776 (+36.0%), from €4,931 to €6,706

  • Other operating charges +€778

    new in 2024: €778

  • Financial charges -€321

    down €321 (-89.0%), from €361 to €40

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€24,813
Gross operating margin +€7,812
Depreciation -€1,776
Other operating charges -€778
Financial income +€22
Financial charges +€321
Result 2024 -€19,211

Cash bridge derived

cash 2023 to 2024

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.

From operations +€9,163
Investment -€9,412
Financing €0
Cash 2023 €426
Net result for the year -€19,211
Depreciation +€6,706
Stocks and contracts +€631
Receivables within one year +€644
Deferred charges and accrued income -€433
Trade debts +€184
Other debts +€20,641
Investment in fixed assets (net) -€9,412
Cash 2024 €176
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €26,166 €27,781 +€1,615 +6.2%
Fixed assets 21/28 €20,208 €22,914 +€2,706 +13.4%
Intangible fixed assets 21 €18,073 €17,563 -€510 -2.8%
Tangible fixed assets 22/27 €2,136 €5,351 +€3,215 +150.6%
Plant, machinery and equipment 23 €0 €3,820 +€3,820
Furniture and vehicles 24 €2,136 €1,531 -€605 -28.3%
Current assets 29/58 €5,958 €4,867 -€1,091 -18.3%
Stocks and contracts in progress 3 €4,613 €3,981 -€631 -13.7%
Stocks 30/36 €4,613 €3,981 -€631 -13.7%
Amounts receivable within one year 40/41 €920 €276 -€644 -70.0%
Trade receivables 40 - €0 =
Other amounts receivable 41 €920 €276 -€644 -70.0%
Cash at bank and in hand 54/58 €426 €176 -€249 -58.5%
Deferred charges and accrued income 490/1 - €433 +€433
Total equity and liabilities 10/49 €26,166 €27,781 +€1,615 +6.2%
Equity 10/15 -€19,813 -€39,024 -€19,211 -97.0%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€24,813 -€44,024 -€19,211 -77.4%
Amounts payable 17/49 €45,979 €66,804 +€20,825 +45.3%
Amounts payable within one year 42/48 €45,979 €66,804 +€20,825 +45.3%
Trade debts 44 - €184 +€184
Suppliers 440/4 - €184 +€184
Taxes, remuneration and social security 45 €0 €0 =
Taxes 450/3 €0 €0 =
Remuneration and social security 454/9 - €0 =
Other amounts payable 47/48 €45,979 €66,620 +€20,641 +44.9%
Turnover 70 - €0 =
Goods, raw materials, services and sundry goods 60/61 - €0 =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,931 €6,706 +€1,776 +36.0%
Other operating charges 640/8 - €778 +€778
Gross operating margin 9900 -€19,521 -€11,709 +€7,812 +40.0%
Operating profit (loss) 9901 -€24,452 -€19,193 +€5,259 +21.5%
Financial income 75/76B - €22 +€22
Recurring financial income 75 - €22 +€22
Financial charges 65/66B €361 €40 -€321 -89.0%
Recurring financial charges 65 €361 €40 -€321 -89.0%
Profit (loss) for the period before taxes 9903 -€24,813 -€19,211 +€5,602 +22.6%
Profit (loss) for the period 9904 -€24,813 -€19,211 +€5,602 +22.6%
Profit (loss) for the period to be appropriated 9905 -€24,813 -€19,211 +€5,602 +22.6%

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 29 September 2026 via checked.be.