PYRAMID: 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.
PYRAMID
Largest movements
- Receivables within one year +€5,145
up €5,145 (+32.1%), from €16,042 to €21,187
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,756
up €1,756 (+44.5%), from €3,949 to €5,706
- Taxes +€502
new in 2024: €502
- Financial income +€229
up €229 (+29.2%), from €784 to €1,013
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €232,571 | €235,673 | +€3,103 | +1.3% |
| Fixed assets | 21/28 | €216,282 | €214,224 | -€2,057 | -1.0% |
| Tangible fixed assets | 22/27 | €216,282 | €214,224 | -€2,057 | -1.0% |
| Land and buildings | 22 | €216,282 | €214,224 | -€2,057 | -1.0% |
| Current assets | 29/58 | €16,289 | €21,449 | +€5,160 | +31.7% |
| Amounts receivable within one year | 40/41 | €16,042 | €21,187 | +€5,145 | +32.1% |
| Other amounts receivable | 41 | €16,042 | €21,187 | +€5,145 | +32.1% |
| Deferred charges and accrued income | 490/1 | €247 | €262 | +€15 | +6.2% |
| Total equity and liabilities | 10/49 | €232,571 | €235,673 | +€3,103 | +1.3% |
| Equity | 10/15 | €232,571 | €235,171 | +€2,601 | +1.1% |
| Contributions | 10/11 | €213,188 | €213,188 | = | 0.0% |
| Capital | 10 | €213,188 | €213,188 | = | 0.0% |
| Issued capital | 100 | €213,188 | €213,188 | = | 0.0% |
| Reserves | 13 | €20,583 | €21,983 | +€1,400 | +6.8% |
| Non-distributable reserves | 130/1 | €20,583 | €21,983 | +€1,400 | +6.8% |
| Legal reserve | 130 | €20,583 | €21,983 | +€1,400 | +6.8% |
| Profit (loss) carried forward | 14 | -€1,201 | €0 | +€1,201 | |
| Amounts payable | 17/49 | - | €502 | +€502 | |
| Amounts payable within one year | 42/48 | - | €502 | +€502 | |
| Taxes, remuneration and social security | 45 | - | €502 | +€502 | |
| Taxes | 450/3 | - | €502 | +€502 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,057 | €2,057 | = | 0.0% |
| Other operating charges | 640/8 | €1,513 | €1,559 | +€46 | +3.0% |
| Gross operating margin | 9900 | €3,949 | €5,706 | +€1,756 | +44.5% |
| Operating profit (loss) | 9901 | €379 | €2,089 | +€1,711 | +451.8% |
| Financial income | 75/76B | €784 | €1,013 | +€229 | +29.2% |
| Recurring financial income | 75 | €784 | €1,013 | +€229 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | €1,163 | €3,103 | +€1,940 | +166.8% |
| Income taxes | 67/77 | - | €502 | +€502 | |
| Profit (loss) for the period | 9904 | €1,163 | €2,601 | +€1,438 | +123.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,163 | €2,601 | +€1,438 | +123.6% |
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 1 October 2026 via checked.be.