NEXT LEVEL: 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.
NEXT LEVEL
Largest movements
- Cash -€12,702
down €12,702 (-13.0%), from €97,798 to €85,095
mainly Other debts (-€60,251) and Trade debts (-€8,711)
- Receivables within one year -€11,629
down €11,629 (-34.6%), from €33,658 to €22,029
of which Trade receivables: -€12,671
- Deferred charges and accrued income -€4,418
down €4,418 (-85.1%), from €5,190 to €772
- Intangible fixed assets -€2,668
down €2,668 (-100.0%), from €2,668 to €0
- Other debts -€60,251
down €60,251 (-54.0%), from €111,562 to €51,311
- Reserves +€42,395
new in 2024: €42,395
- Trade debts -€8,711
down €8,711 (-98.2%), from €8,868 to €157
- Tax, wage and social debts -€4,965
down €4,965 (-48.2%), from €10,295 to €5,330
of which Taxes: -€6,465
- Gross operating margin -€27,977
down €27,977 (-30.8%), from €90,791 to €62,814
- Taxes -€5,496
down €5,496 (-32.0%), from €17,185 to €11,689
- Depreciation -€4,067
down €4,067 (-54.1%), from €7,518 to €3,451
- Financial charges +€3,418
up €3,418 (+854.5%), from €400 to €3,818
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
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 | €141,392 | €109,192 | -€32,200 | -22.8% |
| Fixed assets | 21/28 | €4,747 | €1,296 | -€3,451 | -72.7% |
| Intangible fixed assets | 21 | €2,668 | €0 | -€2,668 | -100.0% |
| Tangible fixed assets | 22/27 | €2,079 | €1,296 | -€782 | -37.6% |
| Plant, machinery and equipment | 23 | €69 | - | -€69 | |
| Furniture and vehicles | 24 | €2,010 | €1,296 | -€713 | -35.5% |
| Current assets | 29/58 | €136,645 | €107,896 | -€28,749 | -21.0% |
| Amounts receivable within one year | 40/41 | €33,658 | €22,029 | -€11,629 | -34.6% |
| Trade receivables | 40 | €28,420 | €15,749 | -€12,671 | -44.6% |
| Other amounts receivable | 41 | €5,238 | €6,280 | +€1,042 | +19.9% |
| Cash at bank and in hand | 54/58 | €97,798 | €85,095 | -€12,702 | -13.0% |
| Deferred charges and accrued income | 490/1 | €5,190 | €772 | -€4,418 | -85.1% |
| Total equity and liabilities | 10/49 | €141,392 | €109,192 | -€32,200 | -22.8% |
| Equity | 10/15 | €10,000 | €52,395 | +€42,395 | +424.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €42,395 | +€42,395 | |
| Distributable reserves | 133 | - | €42,395 | +€42,395 | |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €131,392 | €56,797 | -€74,595 | -56.8% |
| Amounts payable within one year | 42/48 | €131,392 | €56,797 | -€74,595 | -56.8% |
| Financial debts | 43 | €668 | - | -€668 | |
| Credit institutions | 430/8 | €668 | - | -€668 | |
| Trade debts | 44 | €8,868 | €157 | -€8,711 | -98.2% |
| Suppliers | 440/4 | €8,868 | €157 | -€8,711 | -98.2% |
| Taxes, remuneration and social security | 45 | €10,295 | €5,330 | -€4,965 | -48.2% |
| Taxes | 450/3 | €10,295 | €3,830 | -€6,465 | -62.8% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €111,562 | €51,311 | -€60,251 | -54.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,518 | €3,451 | -€4,067 | -54.1% |
| Other operating charges | 640/8 | €989 | €705 | -€284 | -28.7% |
| Gross operating margin | 9900 | €90,791 | €62,814 | -€27,977 | -30.8% |
| Operating profit (loss) | 9901 | €82,284 | €58,658 | -€23,626 | -28.7% |
| Financial income | 75/76B | €5 | €103 | +€97 | +1800.7% |
| Recurring financial income | 75 | €5 | €103 | +€97 | +1800.7% |
| Financial charges | 65/66B | €400 | €3,818 | +€3,418 | +854.5% |
| Recurring financial charges | 65 | €400 | €3,818 | +€3,418 | +854.5% |
| Profit (loss) for the period before taxes | 9903 | €81,889 | €54,943 | -€26,946 | -32.9% |
| Income taxes | 67/77 | €17,185 | €11,689 | -€5,496 | -32.0% |
| Profit (loss) for the period | 9904 | €64,705 | €43,254 | -€21,450 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,705 | €43,254 | -€21,450 | -33.2% |
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 10 October 2026 via checked.be.