RELOAD YOURSELF: 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.
RELOAD YOURSELF
Largest movements
- Receivables within one year -€110,244
down €110,244 (-16.0%), from €687,737 to €577,493
of which Other amounts receivable: -€101,538
- Tangible fixed assets -€19,188
down €19,188 (-12.8%), from €150,443 to €131,255
of which Other tangible fixed assets: -€14,013
- Trade debts -€55,920
down €55,920 (-39.8%), from €140,492 to €84,572
- Other debts -€48,000
down €48,000 (-7.5%), from €640,599 to €592,599
- Tax, wage and social debts -€14,614
down €14,614 (-22.7%), from €64,273 to €49,659
of which Taxes: -€16,814
- Staff costs -€97,453
down €97,453 (-20.6%), from €472,590 to €375,137
- Other operating charges +€63,311
new in 2024: €63,311
- Gross operating margin -€31,809
down €31,809 (-6.6%), from €481,845 to €450,036
- Depreciation +€8,159
up €8,159 (+74.0%), from €11,028 to €19,188
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 | €876,544 | €749,401 | -€127,143 | -14.5% |
| Fixed assets | 21/28 | €150,443 | €131,255 | -€19,188 | -12.8% |
| Tangible fixed assets | 22/27 | €150,443 | €131,255 | -€19,188 | -12.8% |
| Furniture and vehicles | 24 | €17,796 | €12,622 | -€5,174 | -29.1% |
| Other tangible fixed assets | 26 | €132,646 | €118,633 | -€14,013 | -10.6% |
| Current assets | 29/58 | €726,101 | €618,147 | -€107,955 | -14.9% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €687,737 | €577,493 | -€110,244 | -16.0% |
| Trade receivables | 40 | €45,363 | €36,657 | -€8,706 | -19.2% |
| Other amounts receivable | 41 | €642,374 | €540,836 | -€101,538 | -15.8% |
| Cash at bank and in hand | 54/58 | €5,878 | €2,451 | -€3,427 | -58.3% |
| Deferred charges and accrued income | 490/1 | €2,486 | €8,202 | +€5,716 | +229.9% |
| Total equity and liabilities | 10/49 | €876,544 | €749,401 | -€127,143 | -14.5% |
| Equity | 10/15 | €31,180 | €22,571 | -€8,609 | -27.6% |
| Contributions | 10/11 | €30,400 | €30,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €780 | -€7,829 | -€8,609 | |
| Amounts payable | 17/49 | €845,364 | €726,830 | -€118,534 | -14.0% |
| Amounts payable within one year | 42/48 | €845,364 | €726,830 | -€118,534 | -14.0% |
| Trade debts | 44 | €140,492 | €84,572 | -€55,920 | -39.8% |
| Suppliers | 440/4 | €140,492 | €84,572 | -€55,920 | -39.8% |
| Taxes, remuneration and social security | 45 | €64,273 | €49,659 | -€14,614 | -22.7% |
| Taxes | 450/3 | €38,706 | €21,892 | -€16,814 | -43.4% |
| Remuneration and social security | 454/9 | €25,567 | €27,767 | +€2,200 | +8.6% |
| Other amounts payable | 47/48 | €640,599 | €592,599 | -€48,000 | -7.5% |
| Remuneration, social security and pensions | 62 | €472,590 | €375,137 | -€97,453 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,028 | €19,188 | +€8,159 | +74.0% |
| Other operating charges | 640/8 | - | €63,311 | +€63,311 | |
| Gross operating margin | 9900 | €481,845 | €450,036 | -€31,809 | -6.6% |
| Operating profit (loss) | 9901 | -€1,774 | -€7,600 | -€5,826 | -328.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €35 | €54 | +€19 | +54.2% |
| Recurring financial charges | 65 | €35 | €54 | +€19 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,809 | -€7,653 | -€5,845 | -323.2% |
| Income taxes | 67/77 | €2,993 | €956 | -€2,037 | -68.1% |
| Profit (loss) for the period | 9904 | -€4,802 | -€8,609 | -€3,807 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,802 | -€8,609 | -€3,807 | -79.3% |
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 4 October 2026 via checked.be.