NOWHOW: 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.
NOWHOW
Largest movements
- Cash -€63,699
down €63,699 (-56.4%), from €112,928 to €49,229
mainly Net result for the year (-€69,091) and Tax, wage and social debts (-€10,953)
- Tangible fixed assets -€11,451
down €11,451 (-23.8%), from €48,076 to €36,625
of which Furniture and vehicles: -€11,411
- Receivables within one year -€6,890
down €6,890 (-52.8%), from €13,049 to €6,159
of which Trade receivables: -€11,798
- Profit (loss) carried forward -€69,091
new in 2024: -€69,091
- Tax, wage and social debts -€10,953
no longer reported in 2024 (was €10,953)
- Debts after one year -€2,970
down €2,970 (-88.0%), from €3,377 to €406
- Gross operating margin -€136,230
down €136,230, from €81,767 to -€54,462
- Taxes -€18,601
down €18,601 (-99.2%), from €18,748 to €147
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 | €176,326 | €93,412 | -€82,914 | -47.0% |
| Fixed assets | 21/28 | €48,181 | €36,730 | -€11,451 | -23.8% |
| Tangible fixed assets | 22/27 | €48,076 | €36,625 | -€11,451 | -23.8% |
| Plant, machinery and equipment | 23 | €47 | €7 | -€41 | -86.1% |
| Furniture and vehicles | 24 | €48,029 | €36,619 | -€11,411 | -23.8% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €128,145 | €56,682 | -€71,463 | -55.8% |
| Amounts receivable within one year | 40/41 | €13,049 | €6,159 | -€6,890 | -52.8% |
| Trade receivables | 40 | €11,798 | - | -€11,798 | |
| Other amounts receivable | 41 | €1,252 | €6,159 | +€4,907 | +392.0% |
| Cash at bank and in hand | 54/58 | €112,928 | €49,229 | -€63,699 | -56.4% |
| Deferred charges and accrued income | 490/1 | €2,168 | €1,294 | -€874 | -40.3% |
| Total equity and liabilities | 10/49 | €176,326 | €93,412 | -€82,914 | -47.0% |
| Equity | 10/15 | €161,039 | €91,948 | -€69,091 | -42.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €154,839 | €154,839 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €152,979 | €154,839 | +€1,860 | +1.2% |
| Profit (loss) carried forward | 14 | - | -€69,091 | -€69,091 | |
| Amounts payable | 17/49 | €15,287 | €1,464 | -€13,823 | -90.4% |
| Amounts payable after more than one year | 17 | €3,377 | €406 | -€2,970 | -88.0% |
| Other amounts payable | 178/9 | €3,377 | €406 | -€2,970 | -88.0% |
| Amounts payable within one year | 42/48 | €11,910 | €1,058 | -€10,853 | -91.1% |
| Trade debts | 44 | €957 | €1,058 | +€100 | +10.5% |
| Suppliers | 440/4 | €957 | €1,058 | +€100 | +10.5% |
| Taxes, remuneration and social security | 45 | €10,953 | - | -€10,953 | |
| Taxes | 450/3 | €10,953 | - | -€10,953 | |
| Non-recurring operating income | 76A | €7,400 | - | -€7,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,817 | €13,355 | -€462 | -3.3% |
| Other operating charges | 640/8 | €762 | €997 | +€235 | +30.8% |
| Gross operating margin | 9900 | €81,767 | -€54,462 | -€136,230 | |
| Operating profit (loss) | 9901 | €67,188 | -€68,814 | -€136,002 | |
| Financial income | 75/76B | €492 | - | -€492 | |
| Recurring financial income | 75 | €492 | - | -€492 | |
| Financial charges | 65/66B | €266 | €131 | -€135 | -50.8% |
| Recurring financial charges | 65 | €266 | €131 | -€135 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €67,414 | -€68,945 | -€136,359 | |
| Income taxes | 67/77 | €18,748 | €147 | -€18,601 | -99.2% |
| Profit (loss) for the period | 9904 | €48,666 | -€69,091 | -€117,757 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,666 | -€69,091 | -€117,757 |
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 3 October 2026 via checked.be.