Root4You: 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.
Root4You
Largest movements
- Receivables within one year +€45,091
up €45,091 (+87.9%), from €51,290 to €96,380
of which Trade receivables: +€39,756
- Cash +€31,004
up €31,004 (+229.8%), from €13,494 to €44,499
mainly Debts after one year (+€186,125) and Stocks and contracts (+€27,494)
- Stocks and contracts -€27,494
down €27,494 (-14.5%), from €189,106 to €161,612
- Intangible fixed assets -€3,477
down €3,477 (-58.0%), from €5,992 to €2,516
- Debts after one year +€186,125
up €186,125 (+850.9%), from €21,875 to €208,000
- Profit (loss) carried forward -€146,111
down €146,111 (-99.3%), from -€147,099 to -€293,210
- Trade debts +€23,467
up €23,467 (+22.2%), from €105,843 to €129,310
- Other debts -€12,246
down €12,246 (-93.8%), from €13,052 to €806
- Short-term financial debts -€7,200
down €7,200 (-3.0%), from €240,204 to €233,004
- Gross operating margin -€56,788
down €56,788 (-87.7%), from €64,721 to €7,933
- Staff costs +€41,016
up €41,016 (+51.6%), from €79,448 to €120,464
- Financial charges +€12,881
up €12,881 (+78.4%), from €16,434 to €29,315
- Write-downs -€6,445
down €6,445 (-532.4%), from -€1,211 to -€7,656
- Financial income -€859
down €859 (-49.2%), from €1,748 to €889
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 | €267,574 | €313,206 | +€45,632 | +17.1% |
| Fixed assets | 21/28 | €11,969 | €8,399 | -€3,570 | -29.8% |
| Intangible fixed assets | 21 | €5,992 | €2,516 | -€3,477 | -58.0% |
| Tangible fixed assets | 22/27 | €5,477 | €5,384 | -€93 | -1.7% |
| Plant, machinery and equipment | 23 | €3,443 | €4,052 | +€609 | +17.7% |
| Furniture and vehicles | 24 | €2,034 | €1,331 | -€702 | -34.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €255,605 | €304,806 | +€49,202 | +19.2% |
| Stocks and contracts in progress | 3 | €189,106 | €161,612 | -€27,494 | -14.5% |
| Stocks | 30/36 | €189,106 | €161,612 | -€27,494 | -14.5% |
| Amounts receivable within one year | 40/41 | €51,290 | €96,380 | +€45,091 | +87.9% |
| Trade receivables | 40 | €39,537 | €79,293 | +€39,756 | +100.6% |
| Other amounts receivable | 41 | €11,753 | €17,087 | +€5,335 | +45.4% |
| Cash at bank and in hand | 54/58 | €13,494 | €44,499 | +€31,004 | +229.8% |
| Deferred charges and accrued income | 490/1 | €1,715 | €2,315 | +€601 | +35.0% |
| Total equity and liabilities | 10/49 | €267,574 | €313,206 | +€45,632 | +17.1% |
| Equity | 10/15 | -€128,265 | -€274,376 | -€146,111 | -113.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,834 | €13,834 | = | 0.0% |
| Distributable reserves | 133 | €13,834 | €13,834 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,099 | -€293,210 | -€146,111 | -99.3% |
| Amounts payable | 17/49 | €395,839 | €587,581 | +€191,743 | +48.4% |
| Amounts payable after more than one year | 17 | €21,875 | €208,000 | +€186,125 | +850.9% |
| Financial debts | 170/4 | €21,875 | €208,000 | +€186,125 | +850.9% |
| Amounts payable within one year | 42/48 | €372,633 | €377,876 | +€5,243 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €3,125 | - | -€3,125 | |
| Financial debts | 43 | €240,204 | €233,004 | -€7,200 | -3.0% |
| Credit institutions | 430/8 | €240,204 | €233,004 | -€7,200 | -3.0% |
| Trade debts | 44 | €105,843 | €129,310 | +€23,467 | +22.2% |
| Suppliers | 440/4 | €105,843 | €129,310 | +€23,467 | +22.2% |
| Taxes, remuneration and social security | 45 | €10,409 | €14,756 | +€4,347 | +41.8% |
| Taxes | 450/3 | €261 | €318 | +€57 | +21.6% |
| Remuneration and social security | 454/9 | €10,148 | €14,438 | +€4,290 | +42.3% |
| Other amounts payable | 47/48 | €13,052 | €806 | -€12,246 | -93.8% |
| Accrued charges and deferred income | 492/3 | €1,330 | €1,705 | +€375 | +28.2% |
| Remuneration, social security and pensions | 62 | €79,448 | €120,464 | +€41,016 | +51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,750 | €6,494 | -€256 | -3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,211 | -€7,656 | -€6,445 | -532.4% |
| Other operating charges | 640/8 | €5,137 | €5,966 | +€829 | +16.1% |
| Gross operating margin | 9900 | €64,721 | €7,933 | -€56,788 | -87.7% |
| Operating profit (loss) | 9901 | -€25,403 | -€117,336 | -€91,933 | -361.9% |
| Financial income | 75/76B | €1,748 | €889 | -€859 | -49.2% |
| Recurring financial income | 75 | €1,748 | €889 | -€859 | -49.2% |
| Financial charges | 65/66B | €16,434 | €29,315 | +€12,881 | +78.4% |
| Recurring financial charges | 65 | €16,434 | €29,315 | +€12,881 | +78.4% |
| Profit (loss) for the period before taxes | 9903 | -€40,089 | -€145,762 | -€105,673 | -263.6% |
| Income taxes | 67/77 | €210 | €349 | +€139 | +66.5% |
| Profit (loss) for the period | 9904 | -€40,299 | -€146,111 | -€105,812 | -262.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,299 | -€146,111 | -€105,812 | -262.6% |
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 29 September 2026 via checked.be.