PLUS ADDITIVES: 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.
PLUS ADDITIVES
Largest movements
- Cash -€2,689
down €2,689 (-79.1%), from €3,401 to €712
mainly Net result for the year (-€5,911) and Trade debts (-€2,566)
- Receivables within one year +€731
up €731 (+2.2%), from €33,138 to €33,870
of which Other amounts receivable: +€17,401
- Tangible fixed assets -€555
down €555 (-60.7%), from €915 to €360
- Profit (loss) carried forward -€5,911
new in 2024: -€5,911
- Tax, wage and social debts +€3,750
up €3,750 (+157%), from €2,385 to €6,135
of which Remuneration and social security: +€3,750
- Trade debts -€2,566
down €2,566 (-9.7%), from €26,490 to €23,925
- Other debts +€2,214
new in 2024: €2,214
- Gross operating margin -€14,823
down €14,823, from €10,164 to -€4,659
- Taxes -€2,385
no longer reported in 2024 (was €2,385)
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 | €37,455 | €34,942 | -€2,513 | -6.7% |
| Fixed assets | 21/28 | €915 | €360 | -€555 | -60.7% |
| Tangible fixed assets | 22/27 | €915 | €360 | -€555 | -60.7% |
| Furniture and vehicles | 24 | €915 | €360 | -€555 | -60.7% |
| Current assets | 29/58 | €36,540 | €34,582 | -€1,958 | -5.4% |
| Amounts receivable within one year | 40/41 | €33,138 | €33,870 | +€731 | +2.2% |
| Trade receivables | 40 | €30,270 | €13,600 | -€16,670 | -55.1% |
| Other amounts receivable | 41 | €2,868 | €20,270 | +€17,401 | +607% |
| Cash at bank and in hand | 54/58 | €3,401 | €712 | -€2,689 | -79.1% |
| Total equity and liabilities | 10/49 | €37,455 | €34,942 | -€2,513 | -6.7% |
| Equity | 10/15 | €8,580 | €2,668 | -€5,911 | -68.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,580 | €6,580 | = | 0.0% |
| Distributable reserves | 133 | €6,580 | €6,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,911 | -€5,911 | |
| Amounts payable | 17/49 | €28,875 | €32,273 | +€3,398 | +11.8% |
| Amounts payable within one year | 42/48 | €28,875 | €32,273 | +€3,398 | +11.8% |
| Trade debts | 44 | €26,490 | €23,925 | -€2,566 | -9.7% |
| Suppliers | 440/4 | €26,490 | €23,925 | -€2,566 | -9.7% |
| Taxes, remuneration and social security | 45 | €2,385 | €6,135 | +€3,750 | +157% |
| Taxes | 450/3 | €2,385 | €2,385 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €3,750 | +€3,750 | |
| Other amounts payable | 47/48 | - | €2,214 | +€2,214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €473 | €555 | +€83 | +17.5% |
| Other operating charges | 640/8 | €109 | €118 | +€9 | +8.3% |
| Gross operating margin | 9900 | €10,164 | -€4,659 | -€14,823 | |
| Operating profit (loss) | 9901 | €9,582 | -€5,333 | -€14,915 | |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €569 | €579 | +€10 | +1.7% |
| Recurring financial charges | 65 | €569 | €579 | +€10 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €9,033 | -€5,911 | -€14,945 | |
| Income taxes | 67/77 | €2,385 | - | -€2,385 | |
| Profit (loss) for the period | 9904 | €6,648 | -€5,911 | -€12,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,648 | -€5,911 | -€12,560 |
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 15 October 2026 via checked.be.