PERSPECTIVE BLUE: 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.
PERSPECTIVE BLUE
Largest movements
- Receivables within one year +€60,507
up €60,507 (+72.0%), from €84,059 to €144,566
of which Trade receivables: +€31,741
- Cash +€28,653
up €28,653 (+161.9%), from €17,700 to €46,352
mainly Trade debts (+€46,908) and Net result for the year (+€33,203)
- Tangible fixed assets -€2,093
down €2,093 (-25.7%), from €8,143 to €6,050
of which Furniture and vehicles: -€2,026
- Trade debts +€46,908
up €46,908 (+1751.3%), from €2,678 to €49,586
- Profit (loss) carried forward +€31,416
up €31,416 (+59.7%), from €52,627 to €84,043
- Tax, wage and social debts +€19,080
up €19,080 (+57.1%), from €33,420 to €52,500
of which Taxes: +€11,898
- Debts after one year -€9,982
no longer reported in 2024 (was €9,982)
- Gross operating margin +€73,430
up €73,430 (+207.8%), from €35,333 to €108,763
- Staff costs +€59,784
up €59,784 (+4601.4%), from €1,299 to €61,084
- Taxes +€4,995
up €4,995 (+85.4%), from €5,849 to €10,844
- Depreciation -€2,459
down €2,459 (-52.4%), from €4,693 to €2,234
- Financial charges -€2,246
down €2,246 (-61.6%), from €3,645 to €1,398
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 | €114,732 | €200,330 | +€85,598 | +74.6% |
| Fixed assets | 21/28 | €10,884 | €8,650 | -€2,234 | -20.5% |
| Intangible fixed assets | 21 | €140 | - | -€140 | |
| Tangible fixed assets | 22/27 | €8,143 | €6,050 | -€2,093 | -25.7% |
| Plant, machinery and equipment | 23 | €68 | - | -€68 | |
| Furniture and vehicles | 24 | €8,076 | €6,050 | -€2,026 | -25.1% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €103,848 | €191,680 | +€87,832 | +84.6% |
| Amounts receivable within one year | 40/41 | €84,059 | €144,566 | +€60,507 | +72.0% |
| Trade receivables | 40 | €51,469 | €83,210 | +€31,741 | +61.7% |
| Other amounts receivable | 41 | €32,590 | €61,356 | +€28,766 | +88.3% |
| Cash at bank and in hand | 54/58 | €17,700 | €46,352 | +€28,653 | +161.9% |
| Deferred charges and accrued income | 490/1 | €2,090 | €762 | -€1,329 | -63.6% |
| Total equity and liabilities | 10/49 | €114,732 | €200,330 | +€85,598 | +74.6% |
| Equity | 10/15 | €56,127 | €87,543 | +€31,416 | +56.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Capital | 10 | €3,500 | €3,500 | = | 0.0% |
| Issued capital | 100 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,627 | €84,043 | +€31,416 | +59.7% |
| Amounts payable | 17/49 | €58,606 | €112,787 | +€54,181 | +92.5% |
| Amounts payable after more than one year | 17 | €9,982 | - | -€9,982 | |
| Financial debts | 170/4 | €9,982 | - | -€9,982 | |
| Amounts payable within one year | 42/48 | €48,608 | €112,787 | +€64,179 | +132.0% |
| Current portion of amounts payable after more than one year | 42 | €12,510 | €10,701 | -€1,809 | -14.5% |
| Trade debts | 44 | €2,678 | €49,586 | +€46,908 | +1751.3% |
| Suppliers | 440/4 | €2,678 | €49,586 | +€46,908 | +1751.3% |
| Taxes, remuneration and social security | 45 | €33,420 | €52,500 | +€19,080 | +57.1% |
| Taxes | 450/3 | €33,420 | €45,317 | +€11,898 | +35.6% |
| Remuneration and social security | 454/9 | - | €7,182 | +€7,182 | |
| Accrued charges and deferred income | 492/3 | €15 | - | -€15 | |
| Remuneration, social security and pensions | 62 | €1,299 | €61,084 | +€59,784 | +4601.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,693 | €2,234 | -€2,459 | -52.4% |
| Other operating charges | 640/8 | €871 | - | -€871 | |
| Gross operating margin | 9900 | €35,333 | €108,763 | +€73,430 | +207.8% |
| Operating profit (loss) | 9901 | €28,470 | €45,445 | +€16,976 | +59.6% |
| Financial charges | 65/66B | €3,645 | €1,398 | -€2,246 | -61.6% |
| Recurring financial charges | 65 | €3,645 | €1,398 | -€2,246 | -61.6% |
| Profit (loss) for the period before taxes | 9903 | €24,825 | €44,047 | +€19,222 | +77.4% |
| Income taxes | 67/77 | €5,849 | €10,844 | +€4,995 | +85.4% |
| Profit (loss) for the period | 9904 | €18,976 | €33,203 | +€14,227 | +75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,976 | €33,203 | +€14,227 | +75.0% |
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 3 October 2026 via checked.be.