ROAD WAY: 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.
ROAD WAY
Largest movements
- Receivables within one year +€44,852
up €44,852 (+584%), from €7,675 to €52,527
of which Trade receivables: +€22,785
- Financial fixed assets +€5,000
up €5,000 (+55.6%), from €9,000 to €14,000
- Tangible fixed assets +€4,777
new in 2024: €4,777
of which Furniture and vehicles: +€4,683
- Tax, wage and social debts +€33,455
up €33,455 (+355%), from €9,416 to €42,871
of which Taxes: +€25,513
- Trade debts +€15,865
up €15,865 (+354%), from €4,483 to €20,348
- Profit (loss) carried forward +€5,033
up €5,033 (+211%), from €2,390 to €7,423
- Gross operating margin +€51,901
up €51,901 (+426%), from €12,195 to €64,096
- Staff costs +€45,611
up €45,611 (+519%), from €8,796 to €54,407
- Turnover -€27,254
no longer reported in 2024 (was €27,254)
- Purchases and services -€15,059
no longer reported in 2024 (was €15,059)
- Depreciation +€1,846
new in 2024: €1,846
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.
Derived cash bridge
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 | €18,512 | €72,736 | +€54,224 | +293% |
| Fixed assets | 21/28 | €9,000 | €18,777 | +€9,777 | +109% |
| Tangible fixed assets | 22/27 | - | €4,777 | +€4,777 | |
| Plant, machinery and equipment | 23 | - | €94 | +€94 | |
| Furniture and vehicles | 24 | - | €4,683 | +€4,683 | |
| Financial fixed assets | 28 | €9,000 | €14,000 | +€5,000 | +55.6% |
| Current assets | 29/58 | €9,512 | €53,959 | +€44,447 | +467% |
| Amounts receivable within one year | 40/41 | €7,675 | €52,527 | +€44,852 | +584% |
| Trade receivables | 40 | €7,675 | €30,460 | +€22,785 | +297% |
| Other amounts receivable | 41 | - | €22,067 | +€22,067 | |
| Cash at bank and in hand | 54/58 | €1,837 | €1,432 | -€405 | -22.0% |
| Total equity and liabilities | 10/49 | €18,512 | €72,736 | +€54,224 | +293% |
| Equity | 10/15 | €4,390 | €9,423 | +€5,033 | +115% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,390 | €7,423 | +€5,033 | +211% |
| Amounts payable | 17/49 | €14,122 | €63,313 | +€49,191 | +348% |
| Amounts payable within one year | 42/48 | €14,122 | €63,313 | +€49,191 | +348% |
| Trade debts | 44 | €4,483 | €20,348 | +€15,865 | +354% |
| Suppliers | 440/4 | €4,483 | €20,348 | +€15,865 | +354% |
| Taxes, remuneration and social security | 45 | €9,416 | €42,871 | +€33,455 | +355% |
| Taxes | 450/3 | €3,717 | €29,230 | +€25,513 | +686% |
| Remuneration and social security | 454/9 | €5,699 | €13,641 | +€7,942 | +139% |
| Other amounts payable | 47/48 | €223 | €94 | -€129 | -57.9% |
| Turnover | 70 | €27,254 | - | -€27,254 | |
| Goods, raw materials, services and sundry goods | 60/61 | €15,059 | - | -€15,059 | |
| Remuneration, social security and pensions | 62 | €8,796 | €54,407 | +€45,611 | +519% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,846 | +€1,846 | |
| Other operating charges | 640/8 | - | €1,226 | +€1,226 | |
| Gross operating margin | 9900 | €12,195 | €64,096 | +€51,901 | +426% |
| Operating profit (loss) | 9901 | €3,399 | €6,616 | +€3,217 | +94.6% |
| Financial income | 75/76B | €4 | €20 | +€16 | +397% |
| Recurring financial income | 75 | €4 | €20 | +€16 | +397% |
| Financial charges | 65/66B | €113 | €3 | -€110 | -97.5% |
| Recurring financial charges | 65 | €113 | €3 | -€110 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €3,290 | €6,633 | +€3,343 | +102% |
| Income taxes | 67/77 | €900 | €1,600 | +€700 | +77.8% |
| Profit (loss) for the period | 9904 | €2,390 | €5,033 | +€2,643 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €2,390 | €5,033 | +€2,643 | +111% |
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 20 October 2026 via checked.be.