Pulsations: 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.
Pulsations
Largest movements
- Receivables within one year +€15,396
up €15,396 (+68.9%), from €22,342 to €37,738
of which Trade receivables: +€15,397
- Cash -€7,778
down €7,778 (-83.6%), from €9,301 to €1,523
mainly Net result for the year (-€28,590) and Receivables within one year (-€15,396)
- Tangible fixed assets -€6,736
down €6,736 (-27.6%), from €24,379 to €17,643
of which Furniture and vehicles: -€6,500
- Financial fixed assets +€1,600
up €1,600 (+94.1%), from €1,700 to €3,300
- Profit (loss) carried forward -€28,590
down €28,590 (-137%), from -€20,932 to -€49,522
- Tax, wage and social debts +€22,241
up €22,241 (+117%), from €18,998 to €41,239
of which Taxes: +€21,492
- Trade debts +€9,063
up €9,063 (+69.2%), from €13,089 to €22,151
- Other debts -€628
down €628 (-3.4%), from €18,635 to €18,007
- Gross operating margin -€32,517
down €32,517, from €17,187 to -€15,330
- Taxes -€2,621
down €2,621 (-89.4%), from €2,933 to €311
- Staff costs +€1,359
new in 2024: €1,359
- Other operating charges +€606
up €606 (+27.7%), from €2,185 to €2,792
- Financial charges -€312
down €312 (-31.7%), from €984 to €672
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.
Derived cash bridge
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 | €58,713 | €60,979 | +€2,265 | +3.9% |
| Fixed assets | 21/28 | €26,079 | €20,943 | -€5,136 | -19.7% |
| Tangible fixed assets | 22/27 | €24,379 | €17,643 | -€6,736 | -27.6% |
| Furniture and vehicles | 24 | €22,185 | €15,685 | -€6,500 | -29.3% |
| Other tangible fixed assets | 26 | €2,194 | €1,958 | -€236 | -10.8% |
| Financial fixed assets | 28 | €1,700 | €3,300 | +€1,600 | +94.1% |
| Current assets | 29/58 | €32,634 | €40,036 | +€7,402 | +22.7% |
| Amounts receivable within one year | 40/41 | €22,342 | €37,738 | +€15,396 | +68.9% |
| Trade receivables | 40 | €22,341 | €37,738 | +€15,397 | +68.9% |
| Other amounts receivable | 41 | €1 | - | -€1 | |
| Cash at bank and in hand | 54/58 | €9,301 | €1,523 | -€7,778 | -83.6% |
| Deferred charges and accrued income | 490/1 | €991 | €775 | -€216 | -21.8% |
| Total equity and liabilities | 10/49 | €58,713 | €60,979 | +€2,265 | +3.9% |
| Equity | 10/15 | €7,992 | -€20,598 | -€28,590 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,324 | €10,324 | = | 0.0% |
| Distributable reserves | 133 | €10,324 | €10,324 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,932 | -€49,522 | -€28,590 | -137% |
| Amounts payable | 17/49 | €50,722 | €81,577 | +€30,855 | +60.8% |
| Amounts payable within one year | 42/48 | €50,722 | €81,398 | +€30,676 | +60.5% |
| Trade debts | 44 | €13,089 | €22,151 | +€9,063 | +69.2% |
| Suppliers | 440/4 | €13,089 | €22,151 | +€9,063 | +69.2% |
| Taxes, remuneration and social security | 45 | €18,998 | €41,239 | +€22,241 | +117% |
| Taxes | 450/3 | €18,998 | €40,490 | +€21,492 | +113% |
| Remuneration and social security | 454/9 | - | €749 | +€749 | |
| Other amounts payable | 47/48 | €18,635 | €18,007 | -€628 | -3.4% |
| Accrued charges and deferred income | 492/3 | - | €179 | +€179 | |
| Non-recurring operating income | 76A | €710 | - | -€710 | |
| Remuneration, social security and pensions | 62 | - | €1,359 | +€1,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,988 | €6,736 | -€252 | -3.6% |
| Other operating charges | 640/8 | €2,185 | €2,792 | +€606 | +27.7% |
| Non-recurring operating charges | 66A | €38 | €1,398 | +€1,360 | +3,561% |
| Gross operating margin | 9900 | €17,187 | -€15,330 | -€32,517 | |
| Operating profit (loss) | 9901 | €7,975 | -€27,616 | -€35,591 | |
| Financial income | 75/76B | €11 | €10 | -€1 | -7.5% |
| Recurring financial income | 75 | €11 | €10 | -€1 | -7.5% |
| Financial charges | 65/66B | €984 | €672 | -€312 | -31.7% |
| Recurring financial charges | 65 | €984 | €672 | -€312 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €7,002 | -€28,278 | -€35,280 | |
| Income taxes | 67/77 | €2,933 | €311 | -€2,621 | -89.4% |
| Profit (loss) for the period | 9904 | €4,069 | -€28,590 | -€32,659 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,069 | -€28,590 | -€32,659 |
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 29 October 2026 via checked.be.