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PiggyBee: 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

PiggyBee

BE 0667.773.536
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€10,820
2023 · -€2,356+€13,176
Equity
€10,171
2023 · -€649+€10,820
Cash
€3,127
2023 · €0+€3,126
Balance sheet total
€25,109
2023 · €278+€24,831

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€10,182

    new in 2024: €10,182

    of which Plant, machinery and equipment: +€6,275

  • Stocks and contracts +€6,751

    new in 2024: €6,751

  • Receivables within one year +€4,638

    up €4,638 (+1,673%), from €277 to €4,915

    of which Other amounts receivable: +€2,648

  • Cash +€3,126

    up €3,126 (+781,600%), from €0 to €3,127

    mainly Trade debts (+€14,011) and Net result for the year (+€10,820)

Equity and liabilities
  • Trade debts +€14,011

    up €14,011 (+1,538%), from €911 to €14,921

  • Profit (loss) carried forward +€10,820

    up €10,820 (+82.9%), from -€13,049 to -€2,229

Income statement
  • Gross operating margin +€13,745

    up €13,745, from -€1,384 to €12,361

  • Financial charges +€496

    up €496 (+282%), from €176 to €672

  • Depreciation +€315

    up €315 (+76.5%), from €412 to €727

  • Other operating charges -€243

    down €243 (-63.2%), from €384 to €142

From the 2023 result to the 2024 result

effect on the 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 -€2,356
Gross operating margin +€13,745
Depreciation -€315
Other operating charges +€243
Financial charges -€496
Result 2024 €10,820
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

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 +€14,035
Investment -€10,909
Financing €0
Cash 2023 €0
Net result for the year +€10,820
Depreciation +€727
Stocks and contracts -€6,751
Receivables within one year -€4,638
Deferred charges and accrued income -€134
Trade debts +€14,011
Investment in fixed assets (net) -€10,909
Cash 2024 €3,127
brings cash intakes cash out
Every line side by side 32 lines
Line Code 2023 2024 Change %
Total assets 20/58 €278 €25,109 +€24,831 +8,945%
Fixed assets 21/28 - €10,182 +€10,182
Tangible fixed assets 22/27 - €10,182 +€10,182
Plant, machinery and equipment 23 - €6,275 +€6,275
Furniture and vehicles 24 - €3,164 +€3,164
Other tangible fixed assets 26 - €742 +€742
Current assets 29/58 €278 €14,927 +€14,649 +5,277%
Stocks and contracts in progress 3 - €6,751 +€6,751
Stocks 30/36 - €6,751 +€6,751
Amounts receivable within one year 40/41 €277 €4,915 +€4,638 +1,673%
Trade receivables 40 - €1,989 +€1,989
Other amounts receivable 41 €277 €2,926 +€2,648 +955%
Cash at bank and in hand 54/58 €0 €3,127 +€3,126 +781,600%
Deferred charges and accrued income 490/1 - €134 +€134
Total equity and liabilities 10/49 €278 €25,109 +€24,831 +8,945%
Equity 10/15 -€649 €10,171 +€10,820
Contributions 10/11 €12,400 €12,400 = 0.0%
Profit (loss) carried forward 14 -€13,049 -€2,229 +€10,820 +82.9%
Amounts payable 17/49 €927 €14,937 +€14,011 +1,512%
Amounts payable within one year 42/48 €927 €14,937 +€14,011 +1,512%
Trade debts 44 €911 €14,921 +€14,011 +1,538%
Suppliers 440/4 €911 €14,921 +€14,011 +1,538%
Other amounts payable 47/48 €16 €16 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €412 €727 +€315 +76.5%
Other operating charges 640/8 €384 €142 -€243 -63.2%
Gross operating margin 9900 -€1,384 €12,361 +€13,745
Operating profit (loss) 9901 -€2,180 €11,492 +€13,672
Financial charges 65/66B €176 €672 +€496 +282%
Recurring financial charges 65 €176 €672 +€496 +282%
Profit (loss) for the period before taxes 9903 -€2,356 €10,820 +€13,176
Profit (loss) for the period 9904 -€2,356 €10,820 +€13,176
Profit (loss) for the period to be appropriated 9905 -€2,356 €10,820 +€13,176

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 28 October 2026 via checked.be.