PRO SQUAD: 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 SQUAD
Largest movements
- Tangible fixed assets +€19,297
new in 2024: €19,297
of which Furniture and vehicles: +€17,783
- Receivables within one year -€10,534
down €10,534 (-7.0%), from €150,209 to €139,675
of which Trade receivables: -€13,552
- Cash +€3,266
up €3,266 (+86.7%), from €3,765 to €7,032
mainly Receivables within one year (+€10,534) and Net result for the year (+€10,477)
- Profit (loss) carried forward +€10,477
up €10,477 (+36.3%), from €28,826 to €39,302
- Other debts -€7,183
down €7,183 (-12.1%), from €59,456 to €52,272
- Tax, wage and social debts +€5,453
up €5,453 (+9.5%), from €57,097 to €62,550
of which Taxes: +€5,453
- Trade debts +€3,283
up €3,283 (+38.2%), from €8,596 to €11,879
- Gross operating margin -€16,239
down €16,239 (-41.5%), from €39,135 to €22,896
- Depreciation +€5,615
new in 2024: €5,615
- Taxes -€2,831
down €2,831 (-36.1%), from €7,833 to €5,002
- Other operating charges -€1,841
down €1,841 (-73.6%), from €2,500 to €659
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 | €153,974 | €166,003 | +€12,029 | +7.8% |
| Fixed assets | 21/28 | - | €19,297 | +€19,297 | |
| Tangible fixed assets | 22/27 | - | €19,297 | +€19,297 | |
| Plant, machinery and equipment | 23 | - | €1,514 | +€1,514 | |
| Furniture and vehicles | 24 | - | €17,783 | +€17,783 | |
| Current assets | 29/58 | €153,974 | €146,706 | -€7,268 | -4.7% |
| Amounts receivable within one year | 40/41 | €150,209 | €139,675 | -€10,534 | -7.0% |
| Trade receivables | 40 | €150,000 | €136,448 | -€13,552 | -9.0% |
| Other amounts receivable | 41 | €209 | €3,227 | +€3,018 | +1444.7% |
| Cash at bank and in hand | 54/58 | €3,765 | €7,032 | +€3,266 | +86.7% |
| Total equity and liabilities | 10/49 | €153,974 | €166,003 | +€12,029 | +7.8% |
| Equity | 10/15 | €28,826 | €39,302 | +€10,477 | +36.3% |
| Profit (loss) carried forward | 14 | €28,826 | €39,302 | +€10,477 | +36.3% |
| Amounts payable | 17/49 | €125,149 | €126,701 | +€1,552 | +1.2% |
| Amounts payable within one year | 42/48 | €125,149 | €126,701 | +€1,552 | +1.2% |
| Trade debts | 44 | €8,596 | €11,879 | +€3,283 | +38.2% |
| Suppliers | 440/4 | €8,596 | €11,879 | +€3,283 | +38.2% |
| Taxes, remuneration and social security | 45 | €57,097 | €62,550 | +€5,453 | +9.5% |
| Taxes | 450/3 | €7,897 | €13,350 | +€5,453 | +69.0% |
| Remuneration and social security | 454/9 | €49,200 | €49,200 | = | 0.0% |
| Other amounts payable | 47/48 | €59,456 | €52,272 | -€7,183 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,615 | +€5,615 | |
| Other operating charges | 640/8 | €2,500 | €659 | -€1,841 | -73.6% |
| Non-recurring operating charges | 66A | - | €863 | +€863 | |
| Gross operating margin | 9900 | €39,135 | €22,896 | -€16,239 | -41.5% |
| Operating profit (loss) | 9901 | €36,635 | €15,759 | -€20,876 | -57.0% |
| Financial income | 75/76B | €79 | €1 | -€78 | -98.4% |
| Recurring financial income | 75 | €79 | €1 | -€78 | -98.4% |
| Financial charges | 65/66B | €55 | €282 | +€227 | +410.5% |
| Recurring financial charges | 65 | €55 | €282 | +€227 | +410.5% |
| Profit (loss) for the period before taxes | 9903 | €36,659 | €15,478 | -€21,181 | -57.8% |
| Income taxes | 67/77 | €7,833 | €5,002 | -€2,831 | -36.1% |
| Profit (loss) for the period | 9904 | €28,826 | €10,477 | -€18,349 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,826 | €10,477 | -€18,349 | -63.7% |
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 9 October 2026 via checked.be.