PART CAR: 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.
PART CAR
Largest movements
- Cash -€34,378
down €34,378 (-73.7%), from €46,631 to €12,253
mainly Advances received (-€70,595) and Net result for the year (-€25,568)
- Stocks and contracts -€25,166
down €25,166 (-8.7%), from €287,969 to €262,803
- Receivables within one year -€23,002
down €23,002 (-100%), from €23,002 to €0
of which Trade receivables: -€22,393
- Advances received -€70,595
down €70,595 (-65.5%), from €107,845 to €37,250
- Profit (loss) carried forward -€25,568
down €25,568, from €6,671 to -€18,897
- Other debts +€23,503
up €23,503 (+11.7%), from €200,330 to €223,833
- Trade debts -€15,459
down €15,459 (-82.6%), from €18,714 to €3,255
- Tax, wage and social debts +€4,830
up €4,830 (+70.2%), from €6,877 to €11,707
of which Remuneration and social security: +€3,864
- Staff costs +€29,568
up €29,568 (+131%), from €22,542 to €52,110
- Gross operating margin +€2,000
up €2,000 (+7.1%), from €28,060 to €30,060
- Other operating charges -€1,631
down €1,631 (-37.2%), from €4,386 to €2,754
- Taxes -€1,578
down €1,578 (-100%), from €1,578 to €0
- Financial charges -€376
down €376 (-32.6%), from €1,152 to €776
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 | €359,586 | €276,297 | -€83,289 | -23.2% |
| Current assets | 29/58 | €359,586 | €276,297 | -€83,289 | -23.2% |
| Stocks and contracts in progress | 3 | €287,969 | €262,803 | -€25,166 | -8.7% |
| Stocks | 30/36 | €287,969 | €262,803 | -€25,166 | -8.7% |
| Amounts receivable within one year | 40/41 | €23,002 | €0 | -€23,002 | -100% |
| Trade receivables | 40 | €22,393 | €0 | -€22,393 | -100% |
| Other amounts receivable | 41 | €610 | €0 | -€610 | -100% |
| Cash at bank and in hand | 54/58 | €46,631 | €12,253 | -€34,378 | -73.7% |
| Deferred charges and accrued income | 490/1 | €1,983 | €1,241 | -€742 | -37.4% |
| Total equity and liabilities | 10/49 | €359,586 | €276,297 | -€83,289 | -23.2% |
| Equity | 10/15 | €25,820 | €252 | -€25,568 | -99.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €549 | €549 | = | 0.0% |
| Non-distributable reserves | 130/1 | €549 | €549 | = | 0.0% |
| Reserves not available under the articles | 1311 | €549 | €549 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,671 | -€18,897 | -€25,568 | |
| Amounts payable | 17/49 | €333,766 | €276,045 | -€57,721 | -17.3% |
| Amounts payable within one year | 42/48 | €333,766 | €276,045 | -€57,721 | -17.3% |
| Trade debts | 44 | €18,714 | €3,255 | -€15,459 | -82.6% |
| Suppliers | 440/4 | €18,714 | €3,255 | -€15,459 | -82.6% |
| Advances received on contracts in progress | 46 | €107,845 | €37,250 | -€70,595 | -65.5% |
| Taxes, remuneration and social security | 45 | €6,877 | €11,707 | +€4,830 | +70.2% |
| Taxes | 450/3 | €2,594 | €3,561 | +€966 | +37.3% |
| Remuneration and social security | 454/9 | €4,282 | €8,146 | +€3,864 | +90.2% |
| Other amounts payable | 47/48 | €200,330 | €223,833 | +€23,503 | +11.7% |
| Remuneration, social security and pensions | 62 | €22,542 | €52,110 | +€29,568 | +131% |
| Other operating charges | 640/8 | €4,386 | €2,754 | -€1,631 | -37.2% |
| Gross operating margin | 9900 | €28,060 | €30,060 | +€2,000 | +7.1% |
| Operating profit (loss) | 9901 | €1,132 | -€24,804 | -€25,936 | |
| Financial income | 75/76B | €46 | €13 | -€33 | -71.7% |
| Recurring financial income | 75 | €46 | €13 | -€33 | -71.7% |
| Financial charges | 65/66B | €1,152 | €776 | -€376 | -32.6% |
| Recurring financial charges | 65 | €1,152 | €776 | -€376 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €25 | -€25,568 | -€25,593 | |
| Income taxes | 67/77 | €1,578 | €0 | -€1,578 | -100% |
| Profit (loss) for the period | 9904 | -€1,552 | -€25,568 | -€24,015 | -1,547% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,552 | -€25,568 | -€24,015 | -1,547% |
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 29 October 2026 via checked.be.