OpenThink: 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.
OpenThink
Largest movements
- Receivables within one year +€42,407
up €42,407 (+65.4%), from €64,868 to €107,275
- Cash +€3,227
up €3,227 (+265.3%), from €1,216 to €4,443
mainly Other debts (+€49,719) and Advances received (+€18,559)
- Tangible fixed assets -€3,153
down €3,153 (-78.8%), from €4,002 to €849
of which Other tangible fixed assets: -€2,767
- Other debts +€49,719
up €49,719 (+51.0%), from €97,437 to €147,155
- Profit (loss) carried forward -€22,585
down €22,585 (-33.8%), from -€66,744 to -€89,329
- Advances received +€18,559
up €18,559 (+980.1%), from €1,894 to €20,453
- Tax, wage and social debts +€7,566
up €7,566 (+184.8%), from €4,095 to €11,661
of which Remuneration and social security: +€10,452
- Trade debts -€6,846
down €6,846 (-76.0%), from €9,013 to €2,167
- Gross operating margin +€7,123
up €7,123 (+27.5%), from -€25,919 to -€18,796
- Other operating charges -€5,718
no longer reported in 2024 (was €5,718)
- Depreciation -€416
down €416 (-11.7%), from €3,569 to €3,153
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 | €70,086 | €112,567 | +€42,481 | +60.6% |
| Fixed assets | 21/28 | €4,002 | €849 | -€3,153 | -78.8% |
| Tangible fixed assets | 22/27 | €4,002 | €849 | -€3,153 | -78.8% |
| Plant, machinery and equipment | 23 | €1,227 | €849 | -€377 | -30.8% |
| Furniture and vehicles | 24 | €8 | - | -€8 | |
| Other tangible fixed assets | 26 | €2,767 | - | -€2,767 | |
| Current assets | 29/58 | €66,084 | €111,717 | +€45,634 | +69.1% |
| Amounts receivable within one year | 40/41 | €64,868 | €107,275 | +€42,407 | +65.4% |
| Trade receivables | 40 | €64,868 | €107,275 | +€42,407 | +65.4% |
| Cash at bank and in hand | 54/58 | €1,216 | €4,443 | +€3,227 | +265.3% |
| Total equity and liabilities | 10/49 | €70,086 | €112,567 | +€42,481 | +60.6% |
| Equity | 10/15 | -€46,284 | -€68,869 | -€22,585 | -48.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,744 | -€89,329 | -€22,585 | -33.8% |
| Amounts payable | 17/49 | €116,369 | €181,436 | +€65,066 | +55.9% |
| Amounts payable within one year | 42/48 | €116,369 | €181,436 | +€65,066 | +55.9% |
| Financial debts | 43 | €3,932 | - | -€3,932 | |
| Credit institutions | 430/8 | €3,932 | - | -€3,932 | |
| Trade debts | 44 | €9,013 | €2,167 | -€6,846 | -76.0% |
| Suppliers | 440/4 | €9,013 | €2,167 | -€6,846 | -76.0% |
| Advances received on contracts in progress | 46 | €1,894 | €20,453 | +€18,559 | +980.1% |
| Taxes, remuneration and social security | 45 | €4,095 | €11,661 | +€7,566 | +184.8% |
| Taxes | 450/3 | €4,095 | €1,209 | -€2,886 | -70.5% |
| Remuneration and social security | 454/9 | - | €10,452 | +€10,452 | |
| Other amounts payable | 47/48 | €97,437 | €147,155 | +€49,719 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,569 | €3,153 | -€416 | -11.7% |
| Other operating charges | 640/8 | €5,718 | - | -€5,718 | |
| Gross operating margin | 9900 | -€25,919 | -€18,796 | +€7,123 | +27.5% |
| Operating profit (loss) | 9901 | -€35,206 | -€21,949 | +€13,257 | +37.7% |
| Financial charges | 65/66B | €709 | €636 | -€73 | -10.3% |
| Recurring financial charges | 65 | €709 | €636 | -€73 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€35,915 | -€22,585 | +€13,330 | +37.1% |
| Profit (loss) for the period | 9904 | -€35,915 | -€22,585 | +€13,330 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,915 | -€22,585 | +€13,330 | +37.1% |
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 5 October 2026 via checked.be.