NJ 18: 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.
NJ 18
Largest movements
- Receivables within one year +€67,266
up €67,266 (+248.0%), from €27,123 to €94,389
of which Trade receivables: +€75,620
- Deferred charges and accrued income +€7,626
up €7,626 (+36.4%), from €20,945 to €28,571
- Cash -€1,943
down €1,943 (-26.9%), from €7,231 to €5,288
mainly Receivables within one year (-€67,266) and Deferred charges and accrued income (-€7,626)
- Profit (loss) carried forward +€25,226
up €25,226 (+143.1%), from €17,632 to €42,859
- Tax, wage and social debts +€25,136
up €25,136 (+79.9%), from €31,467 to €56,603
- Accrued charges and deferred income +€20,122
new in 2024: €20,122
- Trade debts +€2,000
new in 2024: €2,000
- Turnover +€82,724
new in 2024: €82,724
- Purchases and services -€17,436
down €17,436 (-37.5%), from €46,435 to €28,999
- Gross operating margin +€9,756
up €9,756 (+37.6%), from €25,968 to €35,725
- Taxes +€3,602
up €3,602 (+56.3%), from €6,395 to €9,997
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 | €55,299 | €128,248 | +€72,948 | +131.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €55,299 | €128,248 | +€72,948 | +131.9% |
| Amounts receivable within one year | 40/41 | €27,123 | €94,389 | +€67,266 | +248.0% |
| Trade receivables | 40 | €4,304 | €79,923 | +€75,620 | +1757.0% |
| Other amounts receivable | 41 | €22,819 | €14,466 | -€8,354 | -36.6% |
| Cash at bank and in hand | 54/58 | €7,231 | €5,288 | -€1,943 | -26.9% |
| Deferred charges and accrued income | 490/1 | €20,945 | €28,571 | +€7,626 | +36.4% |
| Total equity and liabilities | 10/49 | €55,299 | €128,248 | +€72,948 | +131.9% |
| Equity | 10/15 | €23,832 | €49,059 | +€25,226 | +105.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | €17,632 | €42,859 | +€25,226 | +143.1% |
| Amounts payable | 17/49 | €31,467 | €79,189 | +€47,722 | +151.7% |
| Amounts payable within one year | 42/48 | €31,467 | €59,067 | +€27,600 | +87.7% |
| Financial debts | 43 | - | €465 | +€465 | |
| Credit institutions | 430/8 | - | €465 | +€465 | |
| Trade debts | 44 | - | €2,000 | +€2,000 | |
| Suppliers | 440/4 | - | €2,000 | +€2,000 | |
| Taxes, remuneration and social security | 45 | €31,467 | €56,603 | +€25,136 | +79.9% |
| Taxes | 450/3 | €31,467 | €56,603 | +€25,136 | +79.9% |
| Accrued charges and deferred income | 492/3 | - | €20,122 | +€20,122 | |
| Turnover | 70 | - | €82,724 | +€82,724 | |
| Goods, raw materials, services and sundry goods | 60/61 | €46,435 | €28,999 | -€17,436 | -37.5% |
| Other operating charges | 640/8 | €150 | €50 | -€100 | -66.7% |
| Gross operating margin | 9900 | €25,968 | €35,725 | +€9,756 | +37.6% |
| Operating profit (loss) | 9901 | €25,818 | €35,675 | +€9,856 | +38.2% |
| Financial charges | 65/66B | €661 | €452 | -€209 | -31.7% |
| Recurring financial charges | 65 | €661 | €452 | -€209 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €25,157 | €35,223 | +€10,066 | +40.0% |
| Income taxes | 67/77 | €6,395 | €9,997 | +€3,602 | +56.3% |
| Profit (loss) for the period | 9904 | €18,763 | €25,226 | +€6,464 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,763 | €25,226 | +€6,464 | +34.5% |
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.