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Pulse: 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.

What changed

Pulse

BE 0802.595.519
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€154,512
2023 · -€6,229-€148,283
Equity
-€99,241
2023 · €55,271-€154,512
Cash
-
2023 · €60,977-€60,977
Balance sheet total
€86,285
2023 · €60,977+€25,308

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€86,224

    new in 2024: €86,224

    of which Trade receivables: +€54,934

  • Cash -€60,977

    no longer reported in 2024 (was €60,977)

    mainly Net result for the year (-€154,512) and Receivables within one year (-€86,224)

Equity and liabilities
  • Trade debts +€165,420

    up €165,420 (+2899.1%), from €5,706 to €171,126

  • Profit (loss) carried forward -€154,512

    down €154,512 (-2480.4%), from -€6,229 to -€160,741

  • Accrued charges and deferred income +€14,400

    new in 2024: €14,400

Income statement
  • Gross operating margin -€154,520

    new in 2024: -€154,520

  • Services and other goods -€4,370

    no longer reported in 2024 (was €4,370)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€6,229
Other operating charges +€1,533
Other operating items -€150,150
Financial income +€61
Financial charges +€274
Result 2024 -€154,512

Cash bridge derived

cash 2023 to 2024

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.

From operations -€60,977
Investment €0
Financing €0
Cash 2023 €60,977
Net result for the year -€154,512
Receivables within one year -€86,224
Deferred charges and accrued income -€61
Trade debts +€165,420
Accrued charges and deferred income +€14,400
Cash 2024 €0
Every line side by side 31 lines
Line Code 2023 2024 Change %
Total assets 20/58 €60,977 €86,285 +€25,308 +41.5%
Current assets 29/58 €60,977 €86,285 +€25,308 +41.5%
Amounts receivable within one year 40/41 - €86,224 +€86,224
Trade receivables 40 - €54,934 +€54,934
Other amounts receivable 41 - €31,290 +€31,290
Cash at bank and in hand 54/58 €60,977 - -€60,977
Deferred charges and accrued income 490/1 - €61 +€61
Total equity and liabilities 10/49 €60,977 €86,285 +€25,308 +41.5%
Equity 10/15 €55,271 -€99,241 -€154,512
Contributions 10/11 €61,500 €61,500 = 0.0%
Capital 10 €61,500 €61,500 = 0.0%
Issued capital 100 €61,500 €61,500 = 0.0%
Profit (loss) carried forward 14 -€6,229 -€160,741 -€154,512 -2480.4%
Amounts payable 17/49 €5,706 €185,526 +€179,820 +3151.4%
Amounts payable within one year 42/48 €5,706 €171,126 +€165,420 +2899.1%
Trade debts 44 €5,706 €171,126 +€165,420 +2899.1%
Suppliers 440/4 €5,706 €171,126 +€165,420 +2899.1%
Accrued charges and deferred income 492/3 - €14,400 +€14,400
Operating charges 60/66A €5,903 - -€5,903
Services and other goods 61 €4,370 - -€4,370
Other operating charges 640/8 €1,533 - -€1,533
Gross operating margin 9900 - -€154,520 -€154,520
Operating profit (loss) 9901 -€5,903 -€154,520 -€148,617 -2517.8%
Financial income 75/76B - €61 +€61
Recurring financial income 75 - €61 +€61
Financial charges 65/66B €327 €53 -€274 -83.9%
Recurring financial charges 65 €327 €53 -€274 -83.9%
Other financial charges 652/9 €327 - -€327
Profit (loss) for the period before taxes 9903 -€6,229 -€154,512 -€148,283 -2380.4%
Profit (loss) for the period 9904 -€6,229 -€154,512 -€148,283 -2380.4%
Profit (loss) for the period to be appropriated 9905 -€6,229 -€154,512 -€148,283 -2380.4%

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 30 September 2026 via checked.be.