NYSIAD: 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.
NYSIAD
Largest movements
- Cash -€228,631
down €228,631 (-98.7%), from €231,704 to €3,073
mainly Tax, wage and social debts (-€133,207) and Receivables within one year (-€61,332)
- Receivables within one year +€61,332
up €61,332 (+202%), from €30,346 to €91,678
of which Other amounts receivable: +€59,867
- Financial fixed assets -€6,250
down €6,250 (-59.0%), from €10,600 to €4,350
- Tax, wage and social debts -€133,207
no longer reported in 2024 (was €133,207)
of which Taxes: -€126,853
- Profit (loss) carried forward -€30,214
down €30,214, from €20,597 to -€9,617
- Accrued charges and deferred income -€15,450
down €15,450 (-56.7%), from €27,270 to €11,820
- Other debts +€7,286
new in 2024: €7,286
- Turnover -€106,678
down €106,678 (-90.4%), from €118,053 to €11,375
- Gross operating margin -€86,250
down €86,250, from €82,510 to -€3,740
- Staff costs -€21,741
down €21,741 (-71.4%), from €30,469 to €8,728
- Other operating charges -€16,652
down €16,652 (-96.5%), from €17,248 to €596
- Financial charges -€14,978
down €14,978 (-48.1%), from €31,151 to €16,173
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 | €516,431 | €341,162 | -€175,269 | -33.9% |
| Fixed assets | 21/28 | €14,026 | €6,411 | -€7,615 | -54.3% |
| Tangible fixed assets | 22/27 | €3,426 | €2,061 | -€1,365 | -39.8% |
| Plant, machinery and equipment | 23 | €112 | €0 | -€112 | -100% |
| Furniture and vehicles | 24 | €3,314 | €2,061 | -€1,253 | -37.8% |
| Financial fixed assets | 28 | €10,600 | €4,350 | -€6,250 | -59.0% |
| Current assets | 29/58 | €502,405 | €334,751 | -€167,654 | -33.4% |
| Stocks and contracts in progress | 3 | €240,000 | €240,000 | = | 0.0% |
| Stocks | 30/36 | €240,000 | €240,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,346 | €91,678 | +€61,332 | +202% |
| Trade receivables | 40 | €10,625 | €12,090 | +€1,465 | +13.8% |
| Other amounts receivable | 41 | €19,721 | €79,588 | +€59,867 | +304% |
| Cash at bank and in hand | 54/58 | €231,704 | €3,073 | -€228,631 | -98.7% |
| Deferred charges and accrued income | 490/1 | €355 | - | -€355 | |
| Total equity and liabilities | 10/49 | €516,431 | €341,162 | -€175,269 | -33.9% |
| Equity | 10/15 | €76,797 | €46,583 | -€30,214 | -39.3% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,597 | -€9,617 | -€30,214 | |
| Amounts payable | 17/49 | €439,634 | €294,579 | -€145,055 | -33.0% |
| Amounts payable after more than one year | 17 | €263,373 | €258,856 | -€4,517 | -1.7% |
| Financial debts | 170/4 | €263,373 | €258,856 | -€4,517 | -1.7% |
| Amounts payable within one year | 42/48 | €148,991 | €23,903 | -€125,088 | -84.0% |
| Trade debts | 44 | €15,784 | €16,617 | +€833 | +5.3% |
| Suppliers | 440/4 | €15,784 | €16,617 | +€833 | +5.3% |
| Taxes, remuneration and social security | 45 | €133,207 | - | -€133,207 | |
| Taxes | 450/3 | €126,853 | - | -€126,853 | |
| Remuneration and social security | 454/9 | €6,354 | - | -€6,354 | |
| Other amounts payable | 47/48 | - | €7,286 | +€7,286 | |
| Accrued charges and deferred income | 492/3 | €27,270 | €11,820 | -€15,450 | -56.7% |
| Turnover | 70 | €118,053 | €11,375 | -€106,678 | -90.4% |
| Non-recurring operating income | 76A | €1,127 | €9,867 | +€8,740 | +776% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,670 | €24,982 | -€11,688 | -31.9% |
| Remuneration, social security and pensions | 62 | €30,469 | €8,728 | -€21,741 | -71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €736 | €1,365 | +€629 | +85.5% |
| Other operating charges | 640/8 | €17,248 | €596 | -€16,652 | -96.5% |
| Non-recurring operating charges | 66A | €8,548 | €214 | -€8,334 | -97.5% |
| Gross operating margin | 9900 | €82,510 | -€3,740 | -€86,250 | |
| Operating profit (loss) | 9901 | €25,509 | -€14,643 | -€40,152 | |
| Financial income | 75/76B | €23 | - | -€23 | |
| Recurring financial income | 75 | €23 | - | -€23 | |
| Financial charges | 65/66B | €31,151 | €16,173 | -€14,978 | -48.1% |
| Recurring financial charges | 65 | €31,151 | €16,173 | -€14,978 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,619 | -€30,816 | -€25,197 | -448% |
| Income taxes | 67/77 | €9,408 | -€603 | -€10,011 | |
| Profit (loss) for the period | 9904 | -€15,027 | -€30,213 | -€15,186 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,027 | -€30,213 | -€15,186 | -101% |
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 19 October 2026 via checked.be.