O+: 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.
O+
Largest movements
- Cash +€43,237
up €43,237 (+66.9%), from €64,649 to €107,886
mainly Net result for the year (+€38,054) and Tax, wage and social debts (+€4,859)
- Reserves +€38,054
up €38,054 (+60.4%), from €62,995 to €101,049
- Tax, wage and social debts +€4,859
up €4,859 (+37.7%), from €12,880 to €17,740
- Gross operating margin +€8,601
up €8,601 (+18.5%), from €46,429 to €55,030
- Taxes +€8,302
up €8,302 (+129.3%), from €6,420 to €14,722
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 | €81,369 | €124,113 | +€42,744 | +52.5% |
| Fixed assets | 21/28 | €760 | €537 | -€224 | -29.4% |
| Tangible fixed assets | 22/27 | €760 | €537 | -€224 | -29.4% |
| Furniture and vehicles | 24 | €760 | €537 | -€224 | -29.4% |
| Current assets | 29/58 | €80,609 | €123,577 | +€42,968 | +53.3% |
| Amounts receivable within one year | 40/41 | €15,252 | €14,961 | -€291 | -1.9% |
| Trade receivables | 40 | €8,075 | €8,480 | +€404 | +5.0% |
| Other amounts receivable | 41 | €7,176 | €6,481 | -€695 | -9.7% |
| Cash at bank and in hand | 54/58 | €64,649 | €107,886 | +€43,237 | +66.9% |
| Deferred charges and accrued income | 490/1 | €708 | €729 | +€22 | +3.0% |
| Total equity and liabilities | 10/49 | €81,369 | €124,113 | +€42,744 | +52.5% |
| Equity | 10/15 | €65,995 | €104,049 | +€38,054 | +57.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €62,995 | €101,049 | +€38,054 | +60.4% |
| Distributable reserves | 133 | €62,995 | €101,049 | +€38,054 | +60.4% |
| Amounts payable | 17/49 | €15,374 | €20,065 | +€4,691 | +30.5% |
| Amounts payable within one year | 42/48 | €15,374 | €20,065 | +€4,691 | +30.5% |
| Trade debts | 44 | €1,415 | €2,325 | +€910 | +64.3% |
| Suppliers | 440/4 | €1,415 | €2,325 | +€910 | +64.3% |
| Taxes, remuneration and social security | 45 | €12,880 | €17,740 | +€4,859 | +37.7% |
| Taxes | 450/3 | €12,880 | €17,740 | +€4,859 | +37.7% |
| Other amounts payable | 47/48 | €1,079 | - | -€1,079 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224 | €224 | = | 0.0% |
| Other operating charges | 640/8 | €124 | €512 | +€388 | +313.3% |
| Gross operating margin | 9900 | €46,429 | €55,030 | +€8,601 | +18.5% |
| Operating profit (loss) | 9901 | €46,081 | €54,294 | +€8,213 | +17.8% |
| Financial income | 75/76B | - | €381 | +€381 | |
| Recurring financial income | 75 | - | €381 | +€381 | |
| Financial charges | 65/66B | €1,543 | €1,899 | +€356 | +23.1% |
| Recurring financial charges | 65 | €1,543 | €1,899 | +€356 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €44,538 | €52,776 | +€8,238 | +18.5% |
| Income taxes | 67/77 | €6,420 | €14,722 | +€8,302 | +129.3% |
| Profit (loss) for the period | 9904 | €38,117 | €38,054 | -€64 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,117 | €38,054 | -€64 | -0.2% |
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 1 October 2026 via checked.be.