RECOGNITIONBXL: 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.
RECOGNITIONBXL
Largest movements
- Cash -€4,371
down €4,371 (-31.5%), from €13,893 to €9,523
mainly Net result for the year (-€9,718) and Trade debts (-€134)
- Deferred charges and accrued income -€3,915
no longer reported in 2024 (was €3,915)
- Receivables within one year -€1,582
down €1,582 (-82.3%), from €1,923 to €341
of which Other amounts receivable: -€985
- Profit (loss) carried forward -€9,718
down €9,718 (-94.0%), from €10,342 to €624
- Gross operating margin -€23,270
down €23,270, from €14,380 to -€8,891
- Taxes -€2,887
no longer reported in 2024 (was €2,887)
- Other operating charges -€345
down €345 (-47.1%), from €732 to €387
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 | €19,731 | €9,864 | -€9,867 | -50.0% |
| Current assets | 29/58 | €19,731 | €9,864 | -€9,867 | -50.0% |
| Amounts receivable within one year | 40/41 | €1,923 | €341 | -€1,582 | -82.3% |
| Trade receivables | 40 | €698 | €102 | -€596 | -85.4% |
| Other amounts receivable | 41 | €1,224 | €239 | -€985 | -80.5% |
| Cash at bank and in hand | 54/58 | €13,893 | €9,523 | -€4,371 | -31.5% |
| Deferred charges and accrued income | 490/1 | €3,915 | - | -€3,915 | |
| Total equity and liabilities | 10/49 | €19,731 | €9,864 | -€9,867 | -50.0% |
| Equity | 10/15 | €12,842 | €3,124 | -€9,718 | -75.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,342 | €624 | -€9,718 | -94.0% |
| Amounts payable | 17/49 | €6,889 | €6,740 | -€149 | -2.2% |
| Amounts payable within one year | 42/48 | €6,889 | €6,740 | -€149 | -2.2% |
| Trade debts | 44 | €3,986 | €3,853 | -€134 | -3.4% |
| Suppliers | 440/4 | €3,986 | €3,853 | -€134 | -3.4% |
| Taxes, remuneration and social security | 45 | €2,903 | €2,887 | -€16 | -0.5% |
| Taxes | 450/3 | €2,903 | €2,887 | -€16 | -0.5% |
| Other operating charges | 640/8 | €732 | €387 | -€345 | -47.1% |
| Non-recurring operating charges | 66A | €100 | - | -€100 | |
| Gross operating margin | 9900 | €14,380 | -€8,891 | -€23,270 | |
| Operating profit (loss) | 9901 | €13,548 | -€9,278 | -€22,826 | |
| Financial income | 75/76B | €32 | - | -€32 | |
| Recurring financial income | 75 | €32 | - | -€32 | |
| Financial charges | 65/66B | €351 | €440 | +€88 | +25.2% |
| Recurring financial charges | 65 | €351 | €440 | +€88 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €13,229 | -€9,718 | -€22,947 | |
| Income taxes | 67/77 | €2,887 | - | -€2,887 | |
| Profit (loss) for the period | 9904 | €10,342 | -€9,718 | -€20,060 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,342 | -€9,718 | -€20,060 |
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.