ORGAVERT: 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.
ORGAVERT
Largest movements
- Receivables within one year +€58,502
up €58,502 (+384.2%), from €15,227 to €73,729
of which Trade receivables: +€39,744
- Cash -€24,787
down €24,787 (-68.9%), from €35,956 to €11,169
- Tangible fixed assets +€17,500
new in 2024: €17,500
of which Furniture and vehicles: +€13,000
- Profit (loss) carried forward +€42,323
up €42,323 (+460.3%), from €9,194 to €51,517
- Tax, wage and social debts +€23,225
up €23,225 (+365.8%), from €6,348 to €29,573
of which Remuneration and social security: +€21,992
- Current portion of long-term debt -€10,643
down €10,643 (-78.8%), from €13,500 to €2,857
- Trade debts -€3,689
down €3,689 (-24.6%), from €14,983 to €11,294
- Turnover -€272,766
no longer reported in 2024 (was €272,766)
- Purchases and services -€211,697
no longer reported in 2024 (was €211,697)
- Staff costs +€125,000
up €125,000 (+311.0%), from €40,189 to €165,188
- Gross operating margin +€122,533
up €122,533 (+200.6%), from €61,069 to €183,602
- Taxes +€2,936
up €2,936 (+5243.1%), from €56 to €2,992
From the 2021 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,783 | €102,999 | +€51,216 | +98.9% |
| Fixed assets | 21/28 | - | €17,500 | +€17,500 | |
| Tangible fixed assets | 22/27 | - | €17,500 | +€17,500 | |
| Furniture and vehicles | 24 | - | €13,000 | +€13,000 | |
| Assets under construction and advance payments | 27 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €51,783 | €85,499 | +€33,716 | +65.1% |
| Stocks and contracts in progress | 3 | €600 | €600 | = | 0.0% |
| Stocks | 30/36 | €600 | €600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,227 | €73,729 | +€58,502 | +384.2% |
| Trade receivables | 40 | €8,473 | €48,217 | +€39,744 | +469.1% |
| Other amounts receivable | 41 | €6,754 | €25,513 | +€18,759 | +277.7% |
| Cash at bank and in hand | 54/58 | €35,956 | €11,169 | -€24,787 | -68.9% |
| Total equity and liabilities | 10/49 | €51,783 | €102,999 | +€51,216 | +98.9% |
| Equity | 10/15 | €15,394 | €57,717 | +€42,323 | +274.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,194 | €51,517 | +€42,323 | +460.3% |
| Amounts payable | 17/49 | €36,389 | €45,282 | +€8,893 | +24.4% |
| Amounts payable after more than one year | 17 | €1,557 | €1,557 | = | 0.0% |
| Advances received on contracts in progress | 176 | €1,557 | €1,557 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,832 | €43,724 | +€8,893 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €13,500 | €2,857 | -€10,643 | -78.8% |
| Trade debts | 44 | €14,983 | €11,294 | -€3,689 | -24.6% |
| Suppliers | 440/4 | €14,983 | €11,294 | -€3,689 | -24.6% |
| Taxes, remuneration and social security | 45 | €6,348 | €29,573 | +€23,225 | +365.8% |
| Taxes | 450/3 | - | €1,233 | +€1,233 | |
| Remuneration and social security | 454/9 | €6,348 | €28,340 | +€21,992 | +346.4% |
| Turnover | 70 | €272,766 | - | -€272,766 | |
| Goods, raw materials, services and sundry goods | 60/61 | €211,697 | - | -€211,697 | |
| Remuneration, social security and pensions | 62 | €40,189 | €165,188 | +€125,000 | +311.0% |
| Other operating charges | 640/8 | €139 | €17 | -€122 | -87.5% |
| Gross operating margin | 9900 | €61,069 | €183,602 | +€122,533 | +200.6% |
| Operating profit (loss) | 9901 | €20,741 | €18,397 | -€2,344 | -11.3% |
| Financial income | 75/76B | €22 | - | -€22 | |
| Recurring financial income | 75 | €22 | - | -€22 | |
| Financial charges | 65/66B | €131 | €586 | +€455 | +348.5% |
| Recurring financial charges | 65 | €131 | €586 | +€455 | +348.5% |
| Profit (loss) for the period before taxes | 9903 | €20,632 | €17,811 | -€2,822 | -13.7% |
| Income taxes | 67/77 | €56 | €2,992 | +€2,936 | +5243.1% |
| Profit (loss) for the period | 9904 | €20,576 | €14,819 | -€5,758 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,576 | €14,819 | -€5,758 | -28.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.