PATRICK BLOMMAERT: 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.
PATRICK BLOMMAERT
Largest movements
- Cash -€24,352
down €24,352 (-19.2%), from €126,902 to €102,550
mainly Net result for the year (-€24,215) and Trade debts (-€6,736)
- Receivables within one year -€5,690
down €5,690 (-23.2%), from €24,538 to €18,848
of which Trade receivables: -€10,213
- Profit (loss) carried forward -€24,215
down €24,215 (-73.0%), from €33,155 to €8,940
- Trade debts -€6,736
down €6,736 (-29.3%), from €23,004 to €16,268
- Gross operating margin -€36,670
down €36,670, from €11,646 to -€25,024
- Financial income +€1,102
up €1,102 (+1102.0%), from €100 to €1,202
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 | €256,418 | €226,126 | -€30,292 | -11.8% |
| Fixed assets | 21/28 | €2,250 | €2,000 | -€250 | -11.1% |
| Tangible fixed assets | 22/27 | €2,250 | €2,000 | -€250 | -11.1% |
| Other tangible fixed assets | 26 | €2,250 | €2,000 | -€250 | -11.1% |
| Current assets | 29/58 | €254,168 | €224,126 | -€30,042 | -11.8% |
| Stocks and contracts in progress | 3 | €102,728 | €102,728 | = | 0.0% |
| Stocks | 30/36 | €102,728 | €102,728 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,538 | €18,848 | -€5,690 | -23.2% |
| Trade receivables | 40 | €19,561 | €9,348 | -€10,213 | -52.2% |
| Other amounts receivable | 41 | €4,977 | €9,500 | +€4,523 | +90.9% |
| Cash at bank and in hand | 54/58 | €126,902 | €102,550 | -€24,352 | -19.2% |
| Total equity and liabilities | 10/49 | €256,418 | €226,126 | -€30,292 | -11.8% |
| Equity | 10/15 | €233,155 | €208,940 | -€24,215 | -10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,400 | €181,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €179,540 | €179,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,155 | €8,940 | -€24,215 | -73.0% |
| Amounts payable | 17/49 | €23,263 | €17,186 | -€6,077 | -26.1% |
| Amounts payable within one year | 42/48 | €23,263 | €17,186 | -€6,077 | -26.1% |
| Trade debts | 44 | €23,004 | €16,268 | -€6,736 | -29.3% |
| Suppliers | 440/4 | €23,004 | €16,268 | -€6,736 | -29.3% |
| Other amounts payable | 47/48 | €259 | €918 | +€659 | +254.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €250 | -€234 | -48.3% |
| Gross operating margin | 9900 | €11,646 | -€25,024 | -€36,670 | |
| Operating profit (loss) | 9901 | €11,162 | -€25,274 | -€36,436 | |
| Financial income | 75/76B | €100 | €1,202 | +€1,102 | +1102.0% |
| Recurring financial income | 75 | €100 | €1,202 | +€1,102 | +1102.0% |
| Financial charges | 65/66B | €232 | €143 | -€89 | -38.4% |
| Recurring financial charges | 65 | €232 | €143 | -€89 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €11,030 | -€24,215 | -€35,245 | |
| Profit (loss) for the period | 9904 | €11,030 | -€24,215 | -€35,245 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,030 | -€24,215 | -€35,245 |
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 1 October 2026 via checked.be.