ONLY TEAM: 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.
ONLY TEAM
Largest movements
- Tangible fixed assets +€40,582
new in 2024: €40,582
- Cash +€34,081
up €34,081 (+2,671%), from €1,276 to €35,356
mainly Debts after one year (+€64,025) and Net result for the year (+€50,250)
- Receivables within one year +€11,755
up €11,755 (+15.9%), from €73,713 to €85,468
of which Trade receivables: +€19,377
- Debts after one year +€64,025
up €64,025 (+558%), from €11,466 to €75,491
- Profit (loss) carried forward +€26,721
up €26,721 (+145%), from €18,467 to €45,187
- Other debts -€18,000
no longer reported in 2024 (was €18,000)
- Trade debts +€12,736
up €12,736 (+84.2%), from €15,121 to €27,857
- Turnover +€203,093
up €203,093 (+81.3%), from €249,828 to €452,922
- Purchases and services +€120,552
up €120,552 (+62.7%), from €192,344 to €312,897
- Gross operating margin +€82,648
up €82,648 (+141%), from €58,637 to €141,285
- Staff costs +€65,227
up €65,227 (+761%), from €8,576 to €73,803
- Other operating charges +€6,963
up €6,963 (+598%), from €1,164 to €8,127
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 | €74,989 | €161,406 | +€86,417 | +115% |
| Fixed assets | 21/28 | - | €40,582 | +€40,582 | |
| Tangible fixed assets | 22/27 | - | €40,582 | +€40,582 | |
| Furniture and vehicles | 24 | - | €40,582 | +€40,582 | |
| Current assets | 29/58 | €74,989 | €120,824 | +€45,835 | +61.1% |
| Amounts receivable within one year | 40/41 | €73,713 | €85,468 | +€11,755 | +15.9% |
| Trade receivables | 40 | €25,317 | €44,694 | +€19,377 | +76.5% |
| Other amounts receivable | 41 | €48,396 | €40,774 | -€7,622 | -15.7% |
| Cash at bank and in hand | 54/58 | €1,276 | €35,356 | +€34,081 | +2,671% |
| Total equity and liabilities | 10/49 | €74,989 | €161,406 | +€86,417 | +115% |
| Equity | 10/15 | €20,467 | €47,187 | +€26,721 | +131% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,467 | €45,187 | +€26,721 | +145% |
| Amounts payable | 17/49 | €54,522 | €114,219 | +€59,696 | +109% |
| Amounts payable after more than one year | 17 | €11,466 | €75,491 | +€64,025 | +558% |
| Financial debts | 170/4 | €11,466 | €75,491 | +€64,025 | +558% |
| Amounts payable within one year | 42/48 | €43,057 | €38,728 | -€4,329 | -10.1% |
| Trade debts | 44 | €15,121 | €27,857 | +€12,736 | +84.2% |
| Suppliers | 440/4 | €15,121 | €27,857 | +€12,736 | +84.2% |
| Taxes, remuneration and social security | 45 | €9,936 | €10,871 | +€935 | +9.4% |
| Taxes | 450/3 | €3,913 | €8,047 | +€4,135 | +106% |
| Remuneration and social security | 454/9 | €6,024 | €2,824 | -€3,200 | -53.1% |
| Other amounts payable | 47/48 | €18,000 | - | -€18,000 | |
| Turnover | 70 | €249,828 | €452,922 | +€203,093 | +81.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €192,344 | €312,897 | +€120,552 | +62.7% |
| Remuneration, social security and pensions | 62 | €8,576 | €73,803 | +€65,227 | +761% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,300 | €1,734 | +€434 | +33.4% |
| Other operating charges | 640/8 | €1,164 | €8,127 | +€6,963 | +598% |
| Gross operating margin | 9900 | €58,637 | €141,285 | +€82,648 | +141% |
| Operating profit (loss) | 9901 | €47,597 | €57,621 | +€10,024 | +21.1% |
| Financial charges | 65/66B | €1,257 | €1,059 | -€198 | -15.7% |
| Recurring financial charges | 65 | €1,257 | €1,059 | -€198 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €46,340 | €56,562 | +€10,222 | +22.1% |
| Income taxes | 67/77 | - | €6,312 | +€6,312 | |
| Profit (loss) for the period | 9904 | €46,340 | €50,250 | +€3,911 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,340 | €50,250 | +€3,911 | +8.4% |
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.