Run 4 it: 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.
Run 4 it
Largest movements
- Cash +€54,123
up €54,123 (+338.6%), from €15,983 to €70,106
mainly Net result for the year (+€29,534) and Tax, wage and social debts (+€24,599)
- Receivables within one year +€6,776
new in 2024: €6,776
- Reserves +€29,534
up €29,534 (+256.9%), from €11,497 to €41,031
- Tax, wage and social debts +€24,599
up €24,599 (+1464.7%), from €1,679 to €26,278
- Accrued charges and deferred income +€4,564
new in 2024: €4,564
- Trade debts +€1,105
up €1,105 (+127.7%), from €866 to €1,971
- Gross operating margin +€40,002
up €40,002 (+1311.0%), from €3,051 to €43,053
- Taxes +€11,218
up €11,218 (+1457.5%), from €770 to €11,988
- Other operating charges -€787
down €787 (-60.6%), from €1,299 to €512
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 | €17,344 | €77,548 | +€60,204 | +347.1% |
| Formation expenses | 20 | €255 | €51 | -€204 | -80.0% |
| Fixed assets | 21/28 | €1,105 | €615 | -€490 | -44.4% |
| Tangible fixed assets | 22/27 | €1,105 | €615 | -€490 | -44.4% |
| Furniture and vehicles | 24 | €1,105 | €615 | -€490 | -44.4% |
| Current assets | 29/58 | €15,983 | €76,882 | +€60,899 | +381.0% |
| Amounts receivable within one year | 40/41 | - | €6,776 | +€6,776 | |
| Trade receivables | 40 | - | €6,776 | +€6,776 | |
| Cash at bank and in hand | 54/58 | €15,983 | €70,106 | +€54,123 | +338.6% |
| Total equity and liabilities | 10/49 | €17,344 | €77,548 | +€60,204 | +347.1% |
| Equity | 10/15 | €13,497 | €43,031 | +€29,534 | +218.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,497 | €41,031 | +€29,534 | +256.9% |
| Distributable reserves | 133 | €11,497 | €41,031 | +€29,534 | +256.9% |
| Amounts payable | 17/49 | €3,847 | €34,517 | +€30,670 | +797.3% |
| Amounts payable within one year | 42/48 | €3,847 | €29,953 | +€26,106 | +678.7% |
| Trade debts | 44 | €866 | €1,971 | +€1,105 | +127.7% |
| Suppliers | 440/4 | €866 | €1,971 | +€1,105 | +127.7% |
| Taxes, remuneration and social security | 45 | €1,679 | €26,278 | +€24,599 | +1464.7% |
| Taxes | 450/3 | €1,679 | €26,278 | +€24,599 | +1464.7% |
| Other amounts payable | 47/48 | €1,302 | €1,704 | +€403 | +30.9% |
| Accrued charges and deferred income | 492/3 | - | €4,564 | +€4,564 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €570 | €695 | +€124 | +21.8% |
| Other operating charges | 640/8 | €1,299 | €512 | -€787 | -60.6% |
| Gross operating margin | 9900 | €3,051 | €43,053 | +€40,002 | +1311.0% |
| Operating profit (loss) | 9901 | €1,182 | €41,846 | +€40,664 | +3440.4% |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €372 | €350 | -€23 | -6.1% |
| Recurring financial charges | 65 | €372 | €350 | -€23 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €810 | €41,521 | +€40,712 | +5027.8% |
| Income taxes | 67/77 | €770 | €11,988 | +€11,218 | +1457.5% |
| Profit (loss) for the period | 9904 | €40 | €29,534 | +€29,494 | +73660.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40 | €29,534 | +€29,494 | +73660.7% |
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 10 October 2026 via checked.be.