POSITIVE VISION: 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.
POSITIVE VISION
Largest movements
- Tangible fixed assets -€3,976
down €3,976 (-8.2%), from €48,583 to €44,607
- Receivables within one year -€1,354
down €1,354 (-1.9%), from €70,926 to €69,572
of which Trade receivables: -€11,681
- Debts after one year -€9,572
down €9,572 (-85.6%), from €11,182 to €1,610
- Tax, wage and social debts -€8,079
down €8,079 (-96.5%), from €8,369 to €290
of which Taxes: -€4,680
- Other debts +€5,882
up €5,882 (+72621.6%), from €8 to €5,890
- Profit (loss) carried forward +€5,336
up €5,336 (+10.4%), from €51,403 to €56,739
- Current portion of long-term debt +€3,954
up €3,954 (+42.0%), from €9,421 to €13,375
- Gross operating margin +€12,063
up €12,063 (+86.5%), from €13,951 to €26,013
- Taxes +€2,735
up €2,735 (+129.3%), from €2,115 to €4,850
- Other operating charges -€2,185
down €2,185 (-54.4%), from €4,019 to €1,834
- Depreciation -€1,826
down €1,826 (-31.5%), from €5,802 to €3,976
- Financial charges -€848
down €848 (-17.0%), from €4,986 to €4,138
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 | €120,548 | €114,463 | -€6,086 | -5.0% |
| Fixed assets | 21/28 | €48,583 | €44,607 | -€3,976 | -8.2% |
| Tangible fixed assets | 22/27 | €48,583 | €44,607 | -€3,976 | -8.2% |
| Land and buildings | 22 | €38,044 | €36,290 | -€1,754 | -4.6% |
| Plant, machinery and equipment | 23 | €5,373 | €4,214 | -€1,159 | -21.6% |
| Furniture and vehicles | 24 | €5,165 | €4,103 | -€1,063 | -20.6% |
| Current assets | 29/58 | €71,965 | €69,856 | -€2,110 | -2.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €70,926 | €69,572 | -€1,354 | -1.9% |
| Trade receivables | 40 | €50,393 | €38,712 | -€11,681 | -23.2% |
| Other amounts receivable | 41 | €20,533 | €30,860 | +€10,327 | +50.3% |
| Cash at bank and in hand | 54/58 | €284 | €284 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €756 | €0 | -€756 | -100.0% |
| Total equity and liabilities | 10/49 | €120,548 | €114,463 | -€6,086 | -5.0% |
| Equity | 10/15 | €62,282 | €67,618 | +€5,336 | +8.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €879 | €879 | = | 0.0% |
| Non-distributable reserves | 130/1 | €879 | €879 | = | 0.0% |
| Reserves not available under the articles | 1311 | €879 | €879 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,403 | €56,739 | +€5,336 | +10.4% |
| Amounts payable | 17/49 | €58,266 | €46,845 | -€11,421 | -19.6% |
| Amounts payable after more than one year | 17 | €11,182 | €1,610 | -€9,572 | -85.6% |
| Financial debts | 170/4 | €11,182 | €1,610 | -€9,572 | -85.6% |
| Amounts payable within one year | 42/48 | €47,084 | €45,235 | -€1,849 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €9,421 | €13,375 | +€3,954 | +42.0% |
| Financial debts | 43 | €12,009 | €9,019 | -€2,989 | -24.9% |
| Credit institutions | 430/8 | €12,009 | €9,019 | -€2,989 | -24.9% |
| Trade debts | 44 | €16,622 | €16,004 | -€618 | -3.7% |
| Suppliers | 440/4 | €16,622 | €16,004 | -€618 | -3.7% |
| Advances received on contracts in progress | 46 | €655 | €655 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,369 | €290 | -€8,079 | -96.5% |
| Taxes | 450/3 | €4,971 | €290 | -€4,680 | -94.2% |
| Remuneration and social security | 454/9 | €3,399 | €0 | -€3,399 | -100.0% |
| Other amounts payable | 47/48 | €8 | €5,890 | +€5,882 | +72621.6% |
| Non-recurring operating income | 76A | €5,846 | €0 | -€5,846 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,802 | €3,976 | -€1,826 | -31.5% |
| Other operating charges | 640/8 | €4,019 | €1,834 | -€2,185 | -54.4% |
| Gross operating margin | 9900 | €13,951 | €26,013 | +€12,063 | +86.5% |
| Operating profit (loss) | 9901 | €4,130 | €20,203 | +€16,073 | +389.2% |
| Financial income | 75/76B | €70 | €3 | -€67 | -95.9% |
| Recurring financial income | 75 | €70 | €3 | -€67 | -95.9% |
| Financial charges | 65/66B | €4,986 | €4,138 | -€848 | -17.0% |
| Recurring financial charges | 65 | €4,986 | €4,138 | -€848 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€786 | €16,068 | +€16,854 | |
| Income taxes | 67/77 | €2,115 | €4,850 | +€2,735 | +129.3% |
| Profit (loss) for the period | 9904 | -€2,901 | €11,218 | +€14,119 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,901 | €11,218 | +€14,119 |
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 11 October 2026 via checked.be.