QUALITY DRIVING: 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.
QUALITY DRIVING
Largest movements
- Tangible fixed assets +€11,594
new in 2024: €11,594
- Cash -€7,395
down €7,395 (-93.5%), from €7,905 to €511
mainly Investment in fixed assets (net) (-€13,125) and Receivables within one year (-€5,443)
- Receivables within one year +€5,443
up €5,443 (+325.4%), from €1,673 to €7,116
of which Other amounts receivable: +€2,876
- Deferred charges and accrued income +€367
up €367 (+17.7%), from €2,067 to €2,434
- Trade debts +€15,796
up €15,796 (+663.0%), from €2,382 to €18,178
- Profit (loss) carried forward -€3,891
down €3,891 (-29.9%), from -€13,010 to -€16,901
- Other debts -€1,676
down €1,676 (-52.7%), from €3,179 to €1,503
- Tax, wage and social debts -€220
down €220 (-44.6%), from €494 to €274
- Purchases and services +€31,719
new in 2024: €31,719
- Turnover +€30,925
new in 2024: €30,925
- Gross operating margin +€4,827
up €4,827 (+85.9%), from -€5,620 to -€794
- Depreciation +€1,531
new in 2024: €1,531
- Financial charges -€946
down €946 (-72.6%), from €1,304 to €357
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 | €11,645 | €21,654 | +€10,009 | +85.9% |
| Fixed assets | 21/28 | - | €11,594 | +€11,594 | |
| Tangible fixed assets | 22/27 | - | €11,594 | +€11,594 | |
| Furniture and vehicles | 24 | - | €11,594 | +€11,594 | |
| Current assets | 29/58 | €11,645 | €10,060 | -€1,585 | -13.6% |
| Amounts receivable within one year | 40/41 | €1,673 | €7,116 | +€5,443 | +325.4% |
| Trade receivables | 40 | €1,199 | €3,767 | +€2,567 | +214.1% |
| Other amounts receivable | 41 | €474 | €3,350 | +€2,876 | +607.1% |
| Cash at bank and in hand | 54/58 | €7,905 | €511 | -€7,395 | -93.5% |
| Deferred charges and accrued income | 490/1 | €2,067 | €2,434 | +€367 | +17.7% |
| Total equity and liabilities | 10/49 | €11,645 | €21,654 | +€10,009 | +85.9% |
| Equity | 10/15 | €5,590 | €1,699 | -€3,891 | -69.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,010 | -€16,901 | -€3,891 | -29.9% |
| Amounts payable | 17/49 | €6,055 | €19,955 | +€13,900 | +229.6% |
| Amounts payable within one year | 42/48 | €6,055 | €19,955 | +€13,900 | +229.6% |
| Trade debts | 44 | €2,382 | €18,178 | +€15,796 | +663.0% |
| Suppliers | 440/4 | €2,382 | €18,178 | +€15,796 | +663.0% |
| Taxes, remuneration and social security | 45 | €494 | €274 | -€220 | -44.6% |
| Taxes | 450/3 | €494 | €274 | -€220 | -44.6% |
| Other amounts payable | 47/48 | €3,179 | €1,503 | -€1,676 | -52.7% |
| Turnover | 70 | - | €30,925 | +€30,925 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €31,719 | +€31,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,531 | +€1,531 | |
| Other operating charges | 640/8 | €1,324 | €1,209 | -€115 | -8.7% |
| Gross operating margin | 9900 | -€5,620 | -€794 | +€4,827 | +85.9% |
| Operating profit (loss) | 9901 | -€6,945 | -€3,534 | +€3,411 | +49.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,304 | €357 | -€946 | -72.6% |
| Recurring financial charges | 65 | €1,304 | €357 | -€946 | -72.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,248 | -€3,891 | +€4,357 | +52.8% |
| Income taxes | 67/77 | €274 | - | -€274 | |
| Profit (loss) for the period | 9904 | -€8,522 | -€3,891 | +€4,631 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,522 | -€3,891 | +€4,631 | +54.3% |
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 11 October 2026 via checked.be.