RETAIL PROJECT: 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.
RETAIL PROJECT
Largest movements
- Receivables within one year +€177,736
up €177,736 (+1600.2%), from €11,107 to €188,843
of which Trade receivables: +€176,790
- Cash +€8,955
up €8,955 (+3087855.2%), from €0 to €8,955
mainly Trade debts (+€83,421) and Advances received (+€62,089)
- Trade debts +€83,421
up €83,421 (+1137.0%), from €7,337 to €90,758
- Advances received +€62,089
up €62,089 (+914.7%), from €6,788 to €68,877
- Profit (loss) carried forward +€31,522
up €31,522, from -€12,433 to €19,089
- Tax, wage and social debts +€13,270
up €13,270 (+759.0%), from €1,748 to €15,018
- Other debts -€3,610
down €3,610 (-41.9%), from €8,610 to €5,000
- Gross operating margin +€59,713
up €59,713, from -€6,811 to €52,902
- Taxes +€15,906
new in 2024: €15,906
- Other operating charges +€3,087
up €3,087 (+165.0%), from €1,870 to €4,957
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 | €30,653 | €217,344 | +€186,691 | +609.0% |
| Fixed assets | 21/28 | €19,545 | €19,545 | = | 0.0% |
| Financial fixed assets | 28 | €19,545 | €19,545 | = | 0.0% |
| Current assets | 29/58 | €11,107 | €197,799 | +€186,691 | +1680.8% |
| Amounts receivable within one year | 40/41 | €11,107 | €188,843 | +€177,736 | +1600.2% |
| Trade receivables | 40 | €8,163 | €184,953 | +€176,790 | +2165.9% |
| Other amounts receivable | 41 | €2,945 | €3,891 | +€946 | +32.1% |
| Cash at bank and in hand | 54/58 | €0 | €8,955 | +€8,955 | +3087855.2% |
| Total equity and liabilities | 10/49 | €30,653 | €217,344 | +€186,691 | +609.0% |
| Equity | 10/15 | €6,169 | €37,691 | +€31,522 | +510.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2 | €2 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2 | €2 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2 | €2 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,433 | €19,089 | +€31,522 | |
| Amounts payable | 17/49 | €24,484 | €179,653 | +€155,169 | +633.8% |
| Amounts payable within one year | 42/48 | €24,484 | €179,653 | +€155,169 | +633.8% |
| Trade debts | 44 | €7,337 | €90,758 | +€83,421 | +1137.0% |
| Suppliers | 440/4 | €7,337 | €90,758 | +€83,421 | +1137.0% |
| Advances received on contracts in progress | 46 | €6,788 | €68,877 | +€62,089 | +914.7% |
| Taxes, remuneration and social security | 45 | €1,748 | €15,018 | +€13,270 | +759.0% |
| Taxes | 450/3 | €1,748 | €15,018 | +€13,270 | +759.0% |
| Other amounts payable | 47/48 | €8,610 | €5,000 | -€3,610 | -41.9% |
| Other operating charges | 640/8 | €1,870 | €4,957 | +€3,087 | +165.0% |
| Gross operating margin | 9900 | -€6,811 | €52,902 | +€59,713 | |
| Operating profit (loss) | 9901 | -€8,681 | €47,945 | +€56,626 | |
| Financial income | 75/76B | €73 | €40 | -€33 | -45.0% |
| Recurring financial income | 75 | €73 | €40 | -€33 | -45.0% |
| Financial charges | 65/66B | €396 | €558 | +€163 | +41.1% |
| Recurring financial charges | 65 | €396 | €558 | +€163 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,004 | €47,427 | +€56,431 | |
| Income taxes | 67/77 | - | €15,906 | +€15,906 | |
| Profit (loss) for the period | 9904 | -€9,004 | €31,522 | +€40,525 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,004 | €31,522 | +€40,525 |
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 12 October 2026 via checked.be.