PRO-FILE: 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.
PRO-FILE
Largest movements
- Cash -€50,300
down €50,300 (-98.4%), from €51,126 to €826
mainly Net result for the year (-€94,283) and Accrued charges and deferred income (-€83,505)
- Tangible fixed assets -€6,948
down €6,948 (-18.5%), from €37,592 to €30,645
of which Other tangible fixed assets: -€4,867
- Other debts +€144,966
up €144,966 (+618.6%), from €23,435 to €168,401
- Profit (loss) carried forward -€93,993
down €93,993 (-90.8%), from €103,524 to €9,531
- Accrued charges and deferred income -€83,505
no longer reported in 2024 (was €83,505)
- Tax, wage and social debts -€17,793
down €17,793 (-53.9%), from €33,038 to €15,245
of which Remuneration and social security: -€13,721
- Gross operating margin -€272,793
down €272,793, from €184,662 to -€88,131
- Staff costs -€69,027
down €69,027, from €61,973 to -€7,054
- Financial income -€30,545
no longer reported in 2024 (was €30,545)
- Taxes -€7,162
down €7,162 (-97.3%), from €7,364 to €202
- Financial charges -€3,554
down €3,554 (-58.4%), from €6,090 to €2,537
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 | €489,419 | €433,998 | -€55,421 | -11.3% |
| Fixed assets | 21/28 | €38,026 | €31,078 | -€6,948 | -18.3% |
| Tangible fixed assets | 22/27 | €37,592 | €30,645 | -€6,948 | -18.5% |
| Land and buildings | 22 | €24,103 | €23,112 | -€991 | -4.1% |
| Furniture and vehicles | 24 | €3,217 | €2,127 | -€1,090 | -33.9% |
| Other tangible fixed assets | 26 | €10,273 | €5,406 | -€4,867 | -47.4% |
| Financial fixed assets | 28 | €434 | €434 | = | 0.0% |
| Current assets | 29/58 | €451,394 | €402,920 | -€48,473 | -10.7% |
| Amounts receivable after more than one year | 29 | €110,000 | €110,000 | = | 0.0% |
| Other amounts receivable | 291 | €110,000 | €110,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €290,267 | €292,094 | +€1,827 | +0.6% |
| Trade receivables | 40 | €289,187 | €261,442 | -€27,745 | -9.6% |
| Other amounts receivable | 41 | €1,080 | €30,652 | +€29,571 | +2737.0% |
| Cash at bank and in hand | 54/58 | €51,126 | €826 | -€50,300 | -98.4% |
| Total equity and liabilities | 10/49 | €489,419 | €433,998 | -€55,421 | -11.3% |
| Equity | 10/15 | €275,067 | €180,785 | -€94,283 | -34.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €151,544 | €151,254 | -€290 | -0.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €149,544 | €149,254 | -€290 | -0.2% |
| Profit (loss) carried forward | 14 | €103,524 | €9,531 | -€93,993 | -90.8% |
| Provisions and deferred taxes | 16 | €45,798 | €45,702 | -€97 | -0.2% |
| Deferred taxes | 168 | €45,798 | €45,702 | -€97 | -0.2% |
| Amounts payable | 17/49 | €168,554 | €207,512 | +€38,958 | +23.1% |
| Amounts payable within one year | 42/48 | €85,049 | €207,512 | +€122,463 | +144.0% |
| Current portion of amounts payable after more than one year | 42 | €8,342 | €3,632 | -€4,710 | -56.5% |
| Advances received on contracts in progress | 46 | €20,234 | €20,234 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €33,038 | €15,245 | -€17,793 | -53.9% |
| Taxes | 450/3 | €19,317 | €15,245 | -€4,072 | -21.1% |
| Remuneration and social security | 454/9 | €13,721 | - | -€13,721 | |
| Other amounts payable | 47/48 | €23,435 | €168,401 | +€144,966 | +618.6% |
| Accrued charges and deferred income | 492/3 | €83,505 | - | -€83,505 | |
| Remuneration, social security and pensions | 62 | €61,973 | -€7,054 | -€69,027 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,948 | €6,948 | = | 0.0% |
| Other operating charges | 640/8 | €1,493 | €3,616 | +€2,123 | +142.2% |
| Gross operating margin | 9900 | €184,662 | -€88,131 | -€272,793 | |
| Operating profit (loss) | 9901 | €114,248 | -€91,641 | -€205,889 | |
| Financial income | 75/76B | €30,545 | - | -€30,545 | |
| Recurring financial income | 75 | €30,545 | - | -€30,545 | |
| Financial charges | 65/66B | €6,090 | €2,537 | -€3,554 | -58.4% |
| Recurring financial charges | 65 | €6,090 | €2,537 | -€3,554 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €138,703 | -€94,177 | -€232,880 | |
| Transfer from deferred taxes | 780 | €97 | €97 | = | 0.0% |
| Transfer to deferred taxes | 680 | €29,860 | - | -€29,860 | |
| Income taxes | 67/77 | €7,364 | €202 | -€7,162 | -97.3% |
| Profit (loss) for the period | 9904 | €101,575 | -€94,283 | -€195,858 | |
| Transfer from tax-exempt reserves | 789 | €290 | €290 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €89,580 | - | -€89,580 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,285 | -€93,993 | -€106,278 |
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 12 October 2026 via checked.be.