PAYMENT SOLUTIONS: 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.
What changed
PAYMENT SOLUTIONS
NACE 46.649, Wholesale of other machinery and equipment
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€351,878
2023 · -€343,382-€8,496
Equity
€527,326
2023 · -€120,795+€648,122
Cash
€395,564
2023 · €11,436+€384,128
Balance sheet total
€3.9m
2023 · €3.7m+€216,357
Largest movements
Assets
- Cash +€384,128
up €384,128 (+3,359%), from €11,436 to €395,564
mainly Contributions, distributions and other (+€1.0m) and Other debts (+€479,438)
- Receivables within one year -€202,538
down €202,538 (-19.3%), from €1.1m to €848,065
of which Trade receivables: -€167,582
- Deferred charges and accrued income +€159,901
up €159,901 (+10.9%), from €1.5m to €1.6m
- Tangible fixed assets -€93,777
down €93,777 (-10.8%), from €866,948 to €773,171
of which Assets under construction and advance payments: -€82,867
Equity and liabilities
- Contributions +€1.0m
up €1.0m (+5,376%), from €18,600 to €1.0m
- Trade debts -€978,460
down €978,460 (-75.0%), from €1.3m to €325,340
- Other debts +€479,438
up €479,438 (+22.3%), from €2.2m to €2.6m
- Profit (loss) carried forward -€351,878
down €351,878 (-251%), from -€140,465 to -€492,344
- Accrued charges and deferred income +€84,823
up €84,823 (+28.1%), from €301,877 to €386,700
Income statement
- Turnover +€700,637
up €700,637 (+26.8%), from €2.6m to €3.3m
- Write-downs -€284,907
down €284,907 (-97.3%), from €292,786 to €7,878
- Other operating charges +€260,287
up €260,287 (+1,046%), from €24,873 to €285,160
- Goods and materials +€240,811
up €240,811 (+18.8%), from €1.3m to €1.5m
of which Purchases: +€451,806
- Depreciation +€187,714
up €187,714 (+70.0%), from €268,232 to €455,946
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.
Result 2023
-€343,382
Turnover
+€700,637
Other operating income
+€28,071
Goods and materials
-€240,811
Services and other goods
-€88,028
Staff costs
+€12,732
Depreciation
-€187,714
Write-downs
+€284,907
Other operating charges
-€260,287
Other operating items
-€240,658
Financial income
-€10,650
Financial charges
-€4,964
Taxes
-€1,732
Result 2024
-€351,878
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€264,804
Investment
-€351,068
Financing
+€1.0m
Cash 2023
€11,436
From operations (derived)
-€264,804
Net result for the year
-€351,878
Depreciation
+€455,946
Stocks and contracts
+€20,256
Receivables within one year
+€202,538
Deferred charges and accrued income
-€159,901
Trade debts
-€978,460
Tax, wage and social debts
-€17,567
Other debts
+€479,438
Accrued charges and deferred income
+€84,823
Investment (derived)
-€351,068
Investment in fixed assets (net)
-€351,068
Financing
+€1.0m
Contributions, distributions and other
+€1.0m
Cash 2024
€395,564
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,706,228 | €3,922,585 | +€216,357 | +5.8% |
| Fixed assets | 21/28 | €996,050 | €891,172 | -€104,878 | -10.5% |
| Intangible fixed assets | 21 | €120,450 | €109,461 | -€10,989 | -9.1% |
| Tangible fixed assets | 22/27 | €866,948 | €773,171 | -€93,777 | -10.8% |
| Plant, machinery and equipment | 23 | €7,665 | €3,054 | -€4,612 | -60.2% |
| Furniture and vehicles | 24 | €457 | €1,706 | +€1,248 | +273% |
| Other tangible fixed assets | 26 | €775,958 | €768,412 | -€7,546 | -1.0% |
| Assets under construction and advance payments | 27 | €82,867 | €0 | -€82,867 | -100% |
| Financial fixed assets | 28 | €8,652 | €8,540 | -€112 | -1.3% |
| Other financial fixed assets | 284/8 | €8,652 | €8,540 | -€112 | -1.3% |
| Amounts receivable and cash guarantees | 285/8 | €8,652 | €8,540 | -€112 | -1.3% |
| Current assets | 29/58 | €2,710,178 | €3,031,412 | +€321,234 | +11.9% |
| Stocks and contracts in progress | 3 | €177,101 | €156,845 | -€20,256 | -11.4% |
| Stocks | 30/36 | €177,101 | €156,845 | -€20,256 | -11.4% |
| Goods purchased for resale | 34 | €177,101 | €156,845 | -€20,256 | -11.4% |
| Amounts receivable within one year | 40/41 | €1,050,604 | €848,065 | -€202,538 | -19.3% |
| Trade receivables | 40 | €981,081 | €813,499 | -€167,582 | -17.1% |
| Other amounts receivable | 41 | €69,523 | €34,566 | -€34,957 | -50.3% |
| Cash at bank and in hand | 54/58 | €11,436 | €395,564 | +€384,128 | +3,359% |
| Deferred charges and accrued income | 490/1 | €1,471,037 | €1,630,939 | +€159,901 | +10.9% |
| Total equity and liabilities | 10/49 | €3,706,228 | €3,922,585 | +€216,357 | +5.8% |
| Equity | 10/15 | -€120,795 | €527,326 | +€648,122 | |
| Contributions | 10/11 | €18,600 | €1,018,600 | +€1.0m | +5,376% |
| Reserves | 13 | €1,070 | €1,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,070 | €1,070 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,070 | €1,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,465 | -€492,344 | -€351,878 | -251% |
| Amounts payable | 17/49 | €3,827,023 | €3,395,258 | -€431,765 | -11.3% |
| Amounts payable within one year | 42/48 | €3,525,146 | €3,008,558 | -€516,588 | -14.7% |
| Trade debts | 44 | €1,303,799 | €325,340 | -€978,460 | -75.0% |
| Suppliers | 440/4 | €1,303,799 | €325,340 | -€978,460 | -75.0% |
| Taxes, remuneration and social security | 45 | €70,542 | €52,975 | -€17,567 | -24.9% |
| Taxes | 450/3 | €14,945 | €11,593 | -€3,351 | -22.4% |
| Remuneration and social security | 454/9 | €55,598 | €41,382 | -€14,216 | -25.6% |
| Other amounts payable | 47/48 | €2,150,805 | €2,630,243 | +€479,438 | +22.3% |
| Accrued charges and deferred income | 492/3 | €301,877 | €386,700 | +€84,823 | +28.1% |
| Operating income | 70/76A | €3,206,610 | €3,709,733 | +€503,123 | +15.7% |
| Turnover | 70 | €2,613,275 | €3,313,912 | +€700,637 | +26.8% |
| Own construction capitalised | 72 | €569,617 | €329,285 | -€240,332 | -42.2% |
| Other operating income | 74 | €23,718 | €51,789 | +€28,071 | +118% |
| Non-recurring operating income | 76A | - | €14,747 | +€14,747 | |
| Operating charges | 60/66A | €3,498,737 | €3,993,010 | +€494,273 | +14.1% |
| Goods for resale, raw materials and consumables | 60 | €1,283,516 | €1,524,327 | +€240,811 | +18.8% |
| Purchases | 600/8 | €1,066,762 | €1,518,568 | +€451,806 | +42.4% |
| Change in stocks: decrease (increase) | 609 | €216,754 | €5,759 | -€210,995 | -97.3% |
| Services and other goods | 61 | €1,179,718 | €1,267,746 | +€88,028 | +7.5% |
| Remuneration, social security and pensions | 62 | €449,612 | €436,880 | -€12,732 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268,232 | €455,946 | +€187,714 | +70.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €292,786 | €7,878 | -€284,907 | -97.3% |
| Other operating charges | 640/8 | €24,873 | €285,160 | +€260,287 | +1,046% |
| Non-recurring operating charges | 66A | - | €15,073 | +€15,073 | |
| Operating profit (loss) | 9901 | -€292,128 | -€283,278 | +€8,850 | +3.0% |
| Financial income | 75/76B | €11,972 | €1,321 | -€10,650 | -89.0% |
| Recurring financial income | 75 | €11,972 | €1,321 | -€10,650 | -89.0% |
| Income from current assets | 751 | - | €9 | +€9 | |
| Other financial income | 752/9 | €11,972 | €1,313 | -€10,659 | -89.0% |
| Financial charges | 65/66B | €63,226 | €68,190 | +€4,964 | +7.9% |
| Recurring financial charges | 65 | €63,226 | €68,190 | +€4,964 | +7.9% |
| Debt charges | 650 | €61,053 | €56,129 | -€4,924 | -8.1% |
| Other financial charges | 652/9 | €2,172 | €12,061 | +€9,888 | +455% |
| Profit (loss) for the period before taxes | 9903 | -€343,382 | -€350,146 | -€6,764 | -2.0% |
| Income taxes | 67/77 | €0 | €1,732 | +€1,732 | |
| Taxes | 670/3 | €0 | €1,732 | +€1,732 | |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€343,382 | -€351,878 | -€8,496 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€343,382 | -€351,878 | -€8,496 | -2.5% |
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 17 October 2026 via checked.be.