NO-LIMITS: 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.
NO-LIMITS
Largest movements
- Receivables within one year +€37,013
up €37,013 (+57.6%), from €64,269 to €101,282
- Tangible fixed assets -€21,967
down €21,967 (-16.0%), from €137,484 to €115,517
- Cash -€18,313
down €18,313 (-89.7%), from €20,423 to €2,110
mainly Receivables within one year (-€37,013) and Debts after one year (-€25,126)
- Debts after one year -€25,126
down €25,126 (-21.0%), from €119,488 to €94,363
- Trade debts +€22,390
up €22,390 (+27.8%), from €80,532 to €102,923
- Other debts -€20,842
down €20,842 (-17.9%), from €116,369 to €95,527
- Tax, wage and social debts +€16,320
up €16,320 (+47.2%), from €34,605 to €50,925
of which Taxes: +€11,179
- Profit (loss) carried forward +€3,305
up €3,305 (+2.1%), from -€154,539 to -€151,234
- Turnover +€61,058
up €61,058 (+20.8%), from €293,720 to €354,779
- Purchases and services +€57,988
up €57,988 (+32.2%), from €179,832 to €237,820
- Staff costs -€9,195
down €9,195 (-9.8%), from €93,535 to €84,340
- Financial charges +€6,017
up €6,017 (+494.6%), from €1,217 to €7,234
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 | €225,028 | €221,762 | -€3,267 | -1.5% |
| Fixed assets | 21/28 | €140,337 | €118,370 | -€21,967 | -15.7% |
| Tangible fixed assets | 22/27 | €137,484 | €115,517 | -€21,967 | -16.0% |
| Land and buildings | 22 | €122,476 | €114,007 | -€8,469 | -6.9% |
| Plant, machinery and equipment | 23 | €5,025 | €769 | -€4,256 | -84.7% |
| Furniture and vehicles | 24 | €1,066 | €741 | -€325 | -30.5% |
| Other tangible fixed assets | 26 | €8,917 | - | -€8,917 | |
| Financial fixed assets | 28 | €2,852 | €2,852 | = | 0.0% |
| Current assets | 29/58 | €84,692 | €103,392 | +€18,700 | +22.1% |
| Amounts receivable within one year | 40/41 | €64,269 | €101,282 | +€37,013 | +57.6% |
| Trade receivables | 40 | €64,269 | €101,282 | +€37,013 | +57.6% |
| Cash at bank and in hand | 54/58 | €20,423 | €2,110 | -€18,313 | -89.7% |
| Total equity and liabilities | 10/49 | €225,028 | €221,762 | -€3,267 | -1.5% |
| Equity | 10/15 | -€127,039 | -€123,734 | +€3,305 | +2.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,539 | -€151,234 | +€3,305 | +2.1% |
| Amounts payable | 17/49 | €352,068 | €345,496 | -€6,572 | -1.9% |
| Amounts payable after more than one year | 17 | €119,488 | €94,363 | -€25,126 | -21.0% |
| Financial debts | 170/4 | €119,488 | €94,363 | -€25,126 | -21.0% |
| Amounts payable within one year | 42/48 | €231,506 | €250,060 | +€18,554 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | - | €685 | +€685 | |
| Trade debts | 44 | €80,532 | €102,923 | +€22,390 | +27.8% |
| Suppliers | 440/4 | €80,532 | €102,923 | +€22,390 | +27.8% |
| Taxes, remuneration and social security | 45 | €34,605 | €50,925 | +€16,320 | +47.2% |
| Taxes | 450/3 | €6,995 | €18,174 | +€11,179 | +159.8% |
| Remuneration and social security | 454/9 | €27,610 | €32,751 | +€5,141 | +18.6% |
| Other amounts payable | 47/48 | €116,369 | €95,527 | -€20,842 | -17.9% |
| Accrued charges and deferred income | 492/3 | €1,073 | €1,073 | = | 0.0% |
| Turnover | 70 | €293,720 | €354,779 | +€61,058 | +20.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €179,832 | €237,820 | +€57,988 | +32.2% |
| Remuneration, social security and pensions | 62 | €93,535 | €84,340 | -€9,195 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,219 | €21,967 | +€1,748 | +8.6% |
| Other operating charges | 640/8 | €1,004 | €184 | -€820 | -81.7% |
| Gross operating margin | 9900 | €114,637 | €117,030 | +€2,393 | +2.1% |
| Operating profit (loss) | 9901 | -€121 | €10,539 | +€10,660 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -98.9% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -98.9% |
| Financial charges | 65/66B | €1,217 | €7,234 | +€6,017 | +494.6% |
| Recurring financial charges | 65 | €1,217 | €7,234 | +€6,017 | +494.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,331 | €3,305 | +€4,636 | |
| Profit (loss) for the period | 9904 | -€1,331 | €3,305 | +€4,636 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,331 | €3,305 | +€4,636 |
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.