NEXTFIN ADVISORY: 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.
NEXTFIN ADVISORY
Largest movements
- Receivables within one year +€63,822
up €63,822 (+267%), from €23,878 to €87,700
of which Trade receivables: +€59,684
- Cash -€23,514
down €23,514 (-21.9%), from €107,400 to €83,886
mainly Receivables within one year (-€63,822) and Other debts (-€61,458)
- Receivables after one year -€21,000
down €21,000 (-100%), from €21,000 to €0
- Tangible fixed assets -€10,628
down €10,628 (-27.1%), from €39,167 to €28,539
of which Furniture and vehicles: -€5,673
- Other debts -€61,458
down €61,458 (-97.6%), from €62,988 to €1,530
- Reserves +€42,893
up €42,893 (+49.8%), from €86,166 to €129,059
- Trade debts +€34,017
up €34,017 (+842%), from €4,039 to €38,057
- Tax, wage and social debts -€5,081
down €5,081 (-23.1%), from €22,013 to €16,932
- Gross operating margin -€35,210
down €35,210 (-32.3%), from €108,937 to €73,728
- Taxes -€6,926
down €6,926 (-34.3%), from €20,176 to €13,250
- Depreciation -€4,396
down €4,396 (-27.1%), from €16,239 to €11,843
- Financial charges +€2,168
up €2,168 (+187%), from €1,160 to €3,328
- Other operating charges +€1,426
up €1,426 (+113%), from €1,260 to €2,686
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.
Derived cash bridge
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 | €193,994 | €204,634 | +€10,640 | +5.5% |
| Fixed assets | 21/28 | €39,167 | €28,539 | -€10,628 | -27.1% |
| Tangible fixed assets | 22/27 | €39,167 | €28,539 | -€10,628 | -27.1% |
| Plant, machinery and equipment | 23 | €2,018 | €1,579 | -€439 | -21.7% |
| Furniture and vehicles | 24 | €9,211 | €3,539 | -€5,673 | -61.6% |
| Other tangible fixed assets | 26 | €27,937 | €23,421 | -€4,517 | -16.2% |
| Current assets | 29/58 | €154,827 | €176,095 | +€21,268 | +13.7% |
| Amounts receivable after more than one year | 29 | €21,000 | €0 | -€21,000 | -100% |
| Other amounts receivable | 291 | €21,000 | €0 | -€21,000 | -100% |
| Amounts receivable within one year | 40/41 | €23,878 | €87,700 | +€63,822 | +267% |
| Trade receivables | 40 | €23,086 | €82,770 | +€59,684 | +259% |
| Other amounts receivable | 41 | €792 | €4,930 | +€4,138 | +523% |
| Cash at bank and in hand | 54/58 | €107,400 | €83,886 | -€23,514 | -21.9% |
| Deferred charges and accrued income | 490/1 | €2,550 | €4,509 | +€1,959 | +76.9% |
| Total equity and liabilities | 10/49 | €193,994 | €204,634 | +€10,640 | +5.5% |
| Equity | 10/15 | €104,766 | €147,659 | +€42,893 | +40.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,166 | €129,059 | +€42,893 | +49.8% |
| Distributable reserves | 133 | €86,166 | €129,059 | +€42,893 | +49.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €89,228 | €56,975 | -€32,253 | -36.1% |
| Amounts payable within one year | 42/48 | €89,228 | €56,975 | -€32,253 | -36.1% |
| Financial debts | 43 | €187 | €457 | +€270 | +144% |
| Credit institutions | 430/8 | €187 | €457 | +€270 | +144% |
| Trade debts | 44 | €4,039 | €38,057 | +€34,017 | +842% |
| Suppliers | 440/4 | €4,039 | €38,057 | +€34,017 | +842% |
| Taxes, remuneration and social security | 45 | €22,013 | €16,932 | -€5,081 | -23.1% |
| Taxes | 450/3 | €22,013 | €16,932 | -€5,081 | -23.1% |
| Other amounts payable | 47/48 | €62,988 | €1,530 | -€61,458 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,239 | €11,843 | -€4,396 | -27.1% |
| Other operating charges | 640/8 | €1,260 | €2,686 | +€1,426 | +113% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €108,937 | €73,728 | -€35,210 | -32.3% |
| Operating profit (loss) | 9901 | €91,438 | €59,199 | -€32,240 | -35.3% |
| Financial income | 75/76B | €653 | €271 | -€382 | -58.4% |
| Recurring financial income | 75 | €653 | €271 | -€382 | -58.4% |
| Financial charges | 65/66B | €1,160 | €3,328 | +€2,168 | +187% |
| Recurring financial charges | 65 | €1,160 | €3,328 | +€2,168 | +187% |
| Profit (loss) for the period before taxes | 9903 | €90,932 | €56,142 | -€34,790 | -38.3% |
| Income taxes | 67/77 | €20,176 | €13,250 | -€6,926 | -34.3% |
| Profit (loss) for the period | 9904 | €70,756 | €42,893 | -€27,864 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,756 | €42,893 | -€27,864 | -39.4% |
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 22 October 2026 via checked.be.