Retviews: 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.
Retviews
Largest movements
- Receivables within one year +€746,377
up €746,377 (+44.2%), from €1.7m to €2.4m
of which Trade receivables: +€728,325
- Cash -€77,971
down €77,971 (-94.5%), from €82,498 to €4,527
mainly Receivables within one year (-€746,377) and Investment in fixed assets (net) (-€19,348)
- Profit (loss) carried forward +€361,656
up €361,656 (+48.6%), from €744,373 to €1.1m
- Accrued charges and deferred income +€192,577
up €192,577 (+340.5%), from €56,560 to €249,137
- Tax, wage and social debts +€116,344
up €116,344 (+34.1%), from €341,214 to €457,558
of which Taxes: +€114,888
- Gross operating margin -€847,192
down €847,192 (-24.5%), from €3.5m to €2.6m
- Staff costs +€388,701
up €388,701 (+22.6%), from €1.7m to €2.1m
- Other operating charges -€107,454
down €107,454 (-99.6%), from €107,907 to €453
- Taxes -€37,124
down €37,124 (-23.6%), from €157,434 to €120,310
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 | €1,835,104 | €2,516,201 | +€681,096 | +37.1% |
| Fixed assets | 21/28 | €33,079 | €37,065 | +€3,986 | +12.0% |
| Tangible fixed assets | 22/27 | €20,239 | €24,225 | +€3,986 | +19.7% |
| Furniture and vehicles | 24 | €20,239 | €24,225 | +€3,986 | +19.7% |
| Financial fixed assets | 28 | €12,840 | €12,840 | = | 0.0% |
| Current assets | 29/58 | €1,802,025 | €2,479,135 | +€677,110 | +37.6% |
| Amounts receivable within one year | 40/41 | €1,690,442 | €2,436,819 | +€746,377 | +44.2% |
| Trade receivables | 40 | €543,032 | €1,271,358 | +€728,325 | +134.1% |
| Other amounts receivable | 41 | €1,147,409 | €1,165,461 | +€18,052 | +1.6% |
| Cash at bank and in hand | 54/58 | €82,498 | €4,527 | -€77,971 | -94.5% |
| Deferred charges and accrued income | 490/1 | €29,086 | €37,790 | +€8,704 | +29.9% |
| Total equity and liabilities | 10/49 | €1,835,104 | €2,516,201 | +€681,096 | +37.1% |
| Equity | 10/15 | €1,376,740 | €1,738,396 | +€361,656 | +26.3% |
| Contributions | 10/11 | €632,367 | €632,367 | = | 0.0% |
| Capital | 10 | €632,367 | €632,367 | = | 0.0% |
| Issued capital | 100 | €632,367 | €632,367 | = | 0.0% |
| Profit (loss) carried forward | 14 | €744,373 | €1,106,028 | +€361,656 | +48.6% |
| Amounts payable | 17/49 | €458,364 | €777,805 | +€319,441 | +69.7% |
| Amounts payable within one year | 42/48 | €401,804 | €528,668 | +€126,864 | +31.6% |
| Trade debts | 44 | €59,948 | €70,468 | +€10,520 | +17.5% |
| Suppliers | 440/4 | €59,948 | €70,468 | +€10,520 | +17.5% |
| Taxes, remuneration and social security | 45 | €341,214 | €457,558 | +€116,344 | +34.1% |
| Taxes | 450/3 | €157,689 | €272,577 | +€114,888 | +72.9% |
| Remuneration and social security | 454/9 | €183,525 | €184,981 | +€1,456 | +0.8% |
| Other amounts payable | 47/48 | €642 | €642 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €56,560 | €249,137 | +€192,577 | +340.5% |
| Non-recurring operating income | 76A | €2,300,000 | - | -€2.3m | |
| Remuneration, social security and pensions | 62 | €1,717,900 | €2,106,601 | +€388,701 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,041 | €15,362 | +€4,321 | +39.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,894 | - | -€32,894 | |
| Other operating charges | 640/8 | €107,907 | €453 | -€107,454 | -99.6% |
| Gross operating margin | 9900 | €3,452,737 | €2,605,545 | -€847,192 | -24.5% |
| Operating profit (loss) | 9901 | €1,582,995 | €483,129 | -€1.1m | -69.5% |
| Financial income | 75/76B | €126 | - | -€126 | |
| Recurring financial income | 75 | €126 | - | -€126 | |
| Financial charges | 65/66B | €1,169 | €10,964 | +€9,795 | +837.9% |
| Recurring financial charges | 65 | €1,169 | €10,964 | +€9,795 | +837.9% |
| Profit (loss) for the period before taxes | 9903 | €1,581,952 | €472,165 | -€1.1m | -70.2% |
| Income taxes | 67/77 | €157,434 | €120,310 | -€37,124 | -23.6% |
| Profit (loss) for the period | 9904 | €1,424,518 | €351,856 | -€1.1m | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,424,518 | €351,856 | -€1.1m | -75.3% |
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.