PAPERWORK: 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.
PAPERWORK
Largest movements
- Receivables within one year +€1,225
up €1,225 (+207.9%), from €589 to €1,814
of which Trade receivables: +€1,225
- Cash +€280
new in 2024: €280
mainly Other debts (+€2,474) and Trade debts (+€230)
- Other debts +€2,474
up €2,474 (+5.7%), from €43,136 to €45,610
- Short-term financial debts -€912
down €912 (-100.0%), from €912 to €0
- Profit (loss) carried forward -€288
down €288 (-0.5%), from -€62,051 to -€62,339
- Trade debts +€230
new in 2024: €230
- Gross operating margin +€5,256
up €5,256, from -€4,992 to €264
- Financial charges -€260
down €260 (-87.8%), from €296 to €36
- Other operating charges -€259
down €259 (-31.7%), from €817 to €558
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 | €589 | €2,094 | +€1,505 | +255.4% |
| Current assets | 29/58 | €589 | €2,094 | +€1,505 | +255.4% |
| Amounts receivable within one year | 40/41 | €589 | €1,814 | +€1,225 | +207.9% |
| Trade receivables | 40 | €298 | €1,523 | +€1,225 | +410.9% |
| Other amounts receivable | 41 | €291 | €291 | +€0 | +0.1% |
| Cash at bank and in hand | 54/58 | - | €280 | +€280 | |
| Total equity and liabilities | 10/49 | €589 | €2,094 | +€1,505 | +255.4% |
| Equity | 10/15 | -€43,459 | -€43,747 | -€288 | -0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Profit (loss) carried forward | 14 | -€62,051 | -€62,339 | -€288 | -0.5% |
| Amounts payable | 17/49 | €44,048 | €45,840 | +€1,792 | +4.1% |
| Amounts payable within one year | 42/48 | €44,048 | €45,840 | +€1,792 | +4.1% |
| Financial debts | 43 | €912 | €0 | -€912 | -100.0% |
| Credit institutions | 430/8 | €912 | €0 | -€912 | -100.0% |
| Trade debts | 44 | - | €230 | +€230 | |
| Suppliers | 440/4 | - | €230 | +€230 | |
| Other amounts payable | 47/48 | €43,136 | €45,610 | +€2,474 | +5.7% |
| Other operating charges | 640/8 | €817 | €558 | -€259 | -31.7% |
| Non-recurring operating charges | 66A | €102 | - | -€102 | |
| Gross operating margin | 9900 | -€4,992 | €264 | +€5,256 | |
| Operating profit (loss) | 9901 | -€5,911 | -€294 | +€5,617 | +95.0% |
| Financial income | 75/76B | €85 | €42 | -€43 | -51.1% |
| Recurring financial income | 75 | €85 | €42 | -€43 | -51.1% |
| Financial charges | 65/66B | €296 | €36 | -€260 | -87.8% |
| Recurring financial charges | 65 | €296 | €36 | -€260 | -87.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,122 | -€288 | +€5,834 | +95.3% |
| Profit (loss) for the period | 9904 | -€6,122 | -€288 | +€5,834 | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,122 | -€288 | +€5,834 | +95.3% |
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 29 September 2026 via checked.be.