ProcessAutomation: 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.
ProcessAutomation
Largest movements
- Current investments +€300,000
up €300,000 (+150.0%), from €200,000 to €500,000
- Cash -€253,389
down €253,389 (-36.6%), from €693,258 to €439,869
mainly Current investments (-€300,000) and Contributions, distributions and other (-€238,545)
- Receivables within one year -€75,870
down €75,870 (-24.2%), from €314,027 to €238,157
of which Trade receivables: -€73,662
- Tangible fixed assets -€34,071
down €34,071 (-14.6%), from €232,936 to €198,865
of which Furniture and vehicles: -€22,897
- Advances received -€94,535
down €94,535 (-39.6%), from €238,528 to €143,993
- Reserves +€64,800
up €64,800 (+13.9%), from €467,816 to €532,616
of which Distributable reserves: +€64,800
- Trade debts -€25,633
down €25,633 (-12.3%), from €208,844 to €183,211
- Debts after one year -€23,207
down €23,207 (-16.7%), from €139,231 to €116,024
- Tax, wage and social debts +€17,128
up €17,128 (+42.3%), from €40,445 to €57,573
of which Taxes: +€15,227
- Gross operating margin +€17,724
up €17,724 (+3.2%), from €552,941 to €570,665
- Taxes +€11,091
up €11,091 (+10.3%), from €107,491 to €118,582
- Financial income +€9,568
up €9,568 (+1177.6%), from €813 to €10,381
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 | €1,448,822 | €1,387,293 | -€61,529 | -4.2% |
| Fixed assets | 21/28 | €232,936 | €198,865 | -€34,071 | -14.6% |
| Tangible fixed assets | 22/27 | €232,936 | €198,865 | -€34,071 | -14.6% |
| Land and buildings | 22 | €147,672 | €136,611 | -€11,061 | -7.5% |
| Plant, machinery and equipment | 23 | €113 | - | -€113 | |
| Furniture and vehicles | 24 | €85,151 | €62,254 | -€22,897 | -26.9% |
| Current assets | 29/58 | €1,215,886 | €1,188,428 | -€27,458 | -2.3% |
| Amounts receivable within one year | 40/41 | €314,027 | €238,157 | -€75,870 | -24.2% |
| Trade receivables | 40 | €285,324 | €211,662 | -€73,662 | -25.8% |
| Other amounts receivable | 41 | €28,703 | €26,494 | -€2,208 | -7.7% |
| Current investments | 50/53 | €200,000 | €500,000 | +€300,000 | +150.0% |
| Cash at bank and in hand | 54/58 | €693,258 | €439,869 | -€253,389 | -36.6% |
| Deferred charges and accrued income | 490/1 | €8,601 | €10,402 | +€1,802 | +20.9% |
| Total equity and liabilities | 10/49 | €1,448,822 | €1,387,293 | -€61,529 | -4.2% |
| Equity | 10/15 | €492,952 | €556,106 | +€63,154 | +12.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €467,816 | €532,616 | +€64,800 | +13.9% |
| Non-distributable reserves | 130/1 | €2,816 | €2,816 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,816 | €2,816 | = | 0.0% |
| Distributable reserves | 133 | €465,000 | €529,800 | +€64,800 | +13.9% |
| Profit (loss) carried forward | 14 | €1,116 | €15 | -€1,101 | -98.7% |
| Investment grants | 15 | €5,470 | €4,926 | -€545 | -10.0% |
| Amounts payable | 17/49 | €955,869 | €831,187 | -€124,682 | -13.0% |
| Amounts payable after more than one year | 17 | €139,231 | €116,024 | -€23,207 | -16.7% |
| Financial debts | 170/4 | €139,231 | €116,024 | -€23,207 | -16.7% |
| Amounts payable within one year | 42/48 | €811,848 | €709,049 | -€102,800 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €25,731 | €23,207 | -€2,524 | -9.8% |
| Trade debts | 44 | €208,844 | €183,211 | -€25,633 | -12.3% |
| Suppliers | 440/4 | €208,844 | €183,211 | -€25,633 | -12.3% |
| Advances received on contracts in progress | 46 | €238,528 | €143,993 | -€94,535 | -39.6% |
| Taxes, remuneration and social security | 45 | €40,445 | €57,573 | +€17,128 | +42.3% |
| Taxes | 450/3 | €27,832 | €43,058 | +€15,227 | +54.7% |
| Remuneration and social security | 454/9 | €12,613 | €14,514 | +€1,901 | +15.1% |
| Other amounts payable | 47/48 | €298,301 | €301,065 | +€2,764 | +0.9% |
| Accrued charges and deferred income | 492/3 | €4,790 | €6,114 | +€1,324 | +27.7% |
| Remuneration, social security and pensions | 62 | €106,761 | €108,591 | +€1,830 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,868 | €36,094 | +€5,226 | +16.9% |
| Other operating charges | 640/8 | €1,863 | €6,858 | +€4,996 | +268.2% |
| Gross operating margin | 9900 | €552,941 | €570,665 | +€17,724 | +3.2% |
| Operating profit (loss) | 9901 | €413,449 | €419,122 | +€5,673 | +1.4% |
| Financial income | 75/76B | €813 | €10,381 | +€9,568 | +1177.6% |
| Recurring financial income | 75 | €813 | €10,381 | +€9,568 | +1177.6% |
| Financial charges | 65/66B | €8,307 | €9,222 | +€915 | +11.0% |
| Recurring financial charges | 65 | €8,307 | €9,222 | +€915 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €405,955 | €420,280 | +€14,326 | +3.5% |
| Income taxes | 67/77 | €107,491 | €118,582 | +€11,091 | +10.3% |
| Profit (loss) for the period | 9904 | €298,464 | €301,699 | +€3,234 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €298,464 | €301,699 | +€3,234 | +1.1% |
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 2 October 2026 via checked.be.