POSITIVES: 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.
POSITIVES
Largest movements
- Cash +€10,566
up €10,566 (+54.8%), from €19,293 to €29,859
mainly Net result for the year (+€13,888) and Tax, wage and social debts (+€4,404)
- Tangible fixed assets -€1,966
down €1,966 (-24.3%), from €8,081 to €6,115
- Receivables within one year +€1,919
up €1,919 (+20.6%), from €9,334 to €11,253
- Reserves +€13,888
up €13,888 (+175.5%), from €7,915 to €21,803
- Other debts -€6,458
down €6,458 (-84.8%), from €7,614 to €1,156
- Tax, wage and social debts +€4,404
up €4,404 (+24.1%), from €18,296 to €22,700
of which Remuneration and social security: +€14,959
- Trade debts -€1,758
down €1,758 (-96.3%), from €1,826 to €68
- Gross operating margin +€6,356
up €6,356 (+43.5%), from €14,607 to €20,963
- Taxes +€458
up €458 (+12.7%), from €3,599 to €4,057
- Other operating charges -€403
down €403 (-33.1%), from €1,218 to €815
- Depreciation +€216
up €216 (+12.3%), from €1,750 to €1,966
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 | €37,151 | €47,227 | +€10,076 | +27.1% |
| Fixed assets | 21/28 | €8,081 | €6,115 | -€1,966 | -24.3% |
| Tangible fixed assets | 22/27 | €8,081 | €6,115 | -€1,966 | -24.3% |
| Furniture and vehicles | 24 | €8,081 | €6,115 | -€1,966 | -24.3% |
| Current assets | 29/58 | €29,070 | €41,112 | +€12,042 | +41.4% |
| Amounts receivable within one year | 40/41 | €9,334 | €11,253 | +€1,919 | +20.6% |
| Trade receivables | 40 | €9,334 | €11,253 | +€1,919 | +20.6% |
| Cash at bank and in hand | 54/58 | €19,293 | €29,859 | +€10,566 | +54.8% |
| Deferred charges and accrued income | 490/1 | €442 | - | -€442 | |
| Total equity and liabilities | 10/49 | €37,151 | €47,227 | +€10,076 | +27.1% |
| Equity | 10/15 | €9,415 | €23,303 | +€13,888 | +147.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Outside capital | 11 | - | €1,500 | +€1,500 | |
| Other | 1109/19 | - | €1,500 | +€1,500 | |
| Reserves | 13 | €7,915 | €21,803 | +€13,888 | +175.5% |
| Distributable reserves | 133 | €7,915 | €21,803 | +€13,888 | +175.5% |
| Amounts payable | 17/49 | €27,736 | €23,924 | -€3,812 | -13.7% |
| Amounts payable within one year | 42/48 | €27,736 | €23,924 | -€3,812 | -13.7% |
| Trade debts | 44 | €1,826 | €68 | -€1,758 | -96.3% |
| Suppliers | 440/4 | €1,826 | €68 | -€1,758 | -96.3% |
| Taxes, remuneration and social security | 45 | €18,296 | €22,700 | +€4,404 | +24.1% |
| Taxes | 450/3 | €18,296 | €7,741 | -€10,555 | -57.7% |
| Remuneration and social security | 454/9 | - | €14,959 | +€14,959 | |
| Other amounts payable | 47/48 | €7,614 | €1,156 | -€6,458 | -84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,750 | €1,966 | +€216 | +12.3% |
| Other operating charges | 640/8 | €1,218 | €815 | -€403 | -33.1% |
| Gross operating margin | 9900 | €14,607 | €20,963 | +€6,356 | +43.5% |
| Operating profit (loss) | 9901 | €11,639 | €18,182 | +€6,543 | +56.2% |
| Financial income | 75/76B | €16 | €4 | -€12 | -75.6% |
| Recurring financial income | 75 | €16 | €4 | -€12 | -75.6% |
| Financial charges | 65/66B | €142 | €241 | +€99 | +69.8% |
| Recurring financial charges | 65 | €142 | €241 | +€99 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | €11,514 | €17,945 | +€6,431 | +55.9% |
| Income taxes | 67/77 | €3,599 | €4,057 | +€458 | +12.7% |
| Profit (loss) for the period | 9904 | €7,915 | €13,888 | +€5,973 | +75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,915 | €13,888 | +€5,973 | +75.5% |
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 8 October 2026 via checked.be.