Piece by Piece: 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.
Piece by Piece
Largest movements
- Receivables within one year +€77,681
up €77,681 (+6,338%), from €1,226 to €78,907
of which Trade receivables: +€70,898
- Tangible fixed assets -€5,253
down €5,253 (-19.5%), from €26,873 to €21,620
of which Furniture and vehicles: -€10,603
- Cash +€1,598
up €1,598 (+63.3%), from €2,525 to €4,123
mainly Trade debts (+€32,861) and Tax, wage and social debts (+€24,931)
- Trade debts +€32,861
up €32,861 (+382%), from €8,611 to €41,472
- Tax, wage and social debts +€24,931
up €24,931 (+1,076%), from €2,318 to €27,248
of which Taxes: +€16,931
- Profit (loss) carried forward +€13,624
up €13,624, from -€13,537 to €87
- Accrued charges and deferred income +€5,764
new in 2024: €5,764
- Current portion of long-term debt -€2,383
down €2,383 (-32.4%), from €7,361 to €4,978
- Gross operating margin +€34,403
up €34,403, from -€5,576 to €28,827
- Depreciation +€4,565
up €4,565 (+66.7%), from €6,843 to €11,408
- Taxes +€2,029
new in 2024: €2,029
- Staff costs +€960
new in 2024: €960
- Financial charges -€630
down €630 (-97.2%), from €648 to €18
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 | €31,647 | €105,673 | +€74,026 | +234% |
| Fixed assets | 21/28 | €26,873 | €21,620 | -€5,253 | -19.5% |
| Tangible fixed assets | 22/27 | €26,873 | €21,620 | -€5,253 | -19.5% |
| Land and buildings | 22 | - | €2,728 | +€2,728 | |
| Plant, machinery and equipment | 23 | €1,491 | €4,112 | +€2,622 | +176% |
| Furniture and vehicles | 24 | €25,383 | €14,780 | -€10,603 | -41.8% |
| Current assets | 29/58 | €4,774 | €84,054 | +€79,279 | +1,661% |
| Amounts receivable within one year | 40/41 | €1,226 | €78,907 | +€77,681 | +6,338% |
| Trade receivables | 40 | €1,226 | €72,124 | +€70,898 | +5,785% |
| Other amounts receivable | 41 | - | €6,783 | +€6,783 | |
| Cash at bank and in hand | 54/58 | €2,525 | €4,123 | +€1,598 | +63.3% |
| Deferred charges and accrued income | 490/1 | €1,024 | €1,024 | = | 0.0% |
| Total equity and liabilities | 10/49 | €31,647 | €105,673 | +€74,026 | +234% |
| Equity | 10/15 | -€3,537 | €10,087 | +€13,624 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,537 | €87 | +€13,624 | |
| Amounts payable | 17/49 | €35,185 | €95,586 | +€60,402 | +172% |
| Amounts payable after more than one year | 17 | €14,603 | €14,603 | = | 0.0% |
| Financial debts | 170/4 | €14,603 | €14,603 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,582 | €75,220 | +€54,638 | +265% |
| Current portion of amounts payable after more than one year | 42 | €7,361 | €4,978 | -€2,383 | -32.4% |
| Trade debts | 44 | €8,611 | €41,472 | +€32,861 | +382% |
| Suppliers | 440/4 | €8,611 | €41,472 | +€32,861 | +382% |
| Taxes, remuneration and social security | 45 | €2,318 | €27,248 | +€24,931 | +1,076% |
| Taxes | 450/3 | €2,318 | €19,248 | +€16,931 | +730% |
| Remuneration and social security | 454/9 | - | €8,000 | +€8,000 | |
| Other amounts payable | 47/48 | €2,292 | €1,522 | -€770 | -33.6% |
| Accrued charges and deferred income | 492/3 | - | €5,764 | +€5,764 | |
| Remuneration, social security and pensions | 62 | - | €960 | +€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,843 | €11,408 | +€4,565 | +66.7% |
| Other operating charges | 640/8 | €550 | €787 | +€238 | +43.2% |
| Gross operating margin | 9900 | -€5,576 | €28,827 | +€34,403 | |
| Operating profit (loss) | 9901 | -€12,969 | €15,671 | +€28,640 | |
| Financial income | 75/76B | €80 | €0 | -€80 | -100.0% |
| Recurring financial income | 75 | €80 | €0 | -€80 | -100.0% |
| Financial charges | 65/66B | €648 | €18 | -€630 | -97.2% |
| Recurring financial charges | 65 | €648 | €18 | -€630 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,537 | €15,653 | +€29,190 | |
| Income taxes | 67/77 | - | €2,029 | +€2,029 | |
| Profit (loss) for the period | 9904 | -€13,537 | €13,624 | +€27,162 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,537 | €13,624 | +€27,162 |
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 24 October 2026 via checked.be.