S&G: 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.
S&G
Largest movements
- Cash +€16,539
up €16,539 (+197.8%), from €8,363 to €24,902
mainly Tax, wage and social debts (+€11,579) and Net result for the year (+€6,506)
- Tangible fixed assets -€2,503
down €2,503 (-12.9%), from €19,462 to €16,959
of which Plant, machinery and equipment: -€2,641
- Deferred charges and accrued income +€1,578
new in 2024: €1,578
- Stocks and contracts -€1,400
down €1,400 (-71.0%), from €1,972 to €572
of which Stocks: -€1,972
- Tax, wage and social debts +€11,579
up €11,579 (+519.2%), from €2,230 to €13,810
of which Remuneration and social security: +€10,436
- Other debts -€10,687
no longer reported in 2024 (was €10,687)
- Profit (loss) carried forward +€6,506
up €6,506 (+122.2%), from €5,325 to €11,831
- Trade debts +€5,443
up €5,443 (+33.4%), from €16,313 to €21,756
- Advances received +€922
new in 2024: €922
- Turnover -€330,329
no longer reported in 2024 (was €330,329)
- Purchases and services -€261,681
no longer reported in 2024 (was €261,681)
- Gross operating margin +€14,627
up €14,627 (+21.3%), from €68,648 to €83,275
- Staff costs +€8,441
up €8,441 (+13.8%), from €61,047 to €69,488
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 | €35,555 | €49,319 | +€13,763 | +38.7% |
| Fixed assets | 21/28 | €19,462 | €16,959 | -€2,503 | -12.9% |
| Tangible fixed assets | 22/27 | €19,462 | €16,959 | -€2,503 | -12.9% |
| Plant, machinery and equipment | 23 | €17,316 | €14,674 | -€2,641 | -15.3% |
| Furniture and vehicles | 24 | €2,146 | €2,284 | +€139 | +6.5% |
| Current assets | 29/58 | €16,094 | €32,360 | +€16,266 | +101.1% |
| Stocks and contracts in progress | 3 | €1,972 | €572 | -€1,400 | -71.0% |
| Stocks | 30/36 | €1,972 | - | -€1,972 | |
| Contracts in progress | 37 | - | €572 | +€572 | |
| Amounts receivable within one year | 40/41 | €5,759 | €5,308 | -€451 | -7.8% |
| Other amounts receivable | 41 | €5,759 | €5,308 | -€451 | -7.8% |
| Cash at bank and in hand | 54/58 | €8,363 | €24,902 | +€16,539 | +197.8% |
| Deferred charges and accrued income | 490/1 | - | €1,578 | +€1,578 | |
| Total equity and liabilities | 10/49 | €35,555 | €49,319 | +€13,763 | +38.7% |
| Equity | 10/15 | €6,325 | €12,831 | +€6,506 | +102.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,325 | €11,831 | +€6,506 | +122.2% |
| Amounts payable | 17/49 | €29,230 | €36,488 | +€7,258 | +24.8% |
| Amounts payable within one year | 42/48 | €29,230 | €36,488 | +€7,258 | +24.8% |
| Trade debts | 44 | €16,313 | €21,756 | +€5,443 | +33.4% |
| Suppliers | 440/4 | €16,313 | €21,756 | +€5,443 | +33.4% |
| Advances received on contracts in progress | 46 | - | €922 | +€922 | |
| Taxes, remuneration and social security | 45 | €2,230 | €13,810 | +€11,579 | +519.2% |
| Taxes | 450/3 | €1,469 | €2,612 | +€1,144 | +77.9% |
| Remuneration and social security | 454/9 | €762 | €11,197 | +€10,436 | +1370.2% |
| Other amounts payable | 47/48 | €10,687 | - | -€10,687 | |
| Turnover | 70 | €330,329 | - | -€330,329 | |
| Goods, raw materials, services and sundry goods | 60/61 | €261,681 | - | -€261,681 | |
| Remuneration, social security and pensions | 62 | €61,047 | €69,488 | +€8,441 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,385 | €3,578 | +€193 | +5.7% |
| Other operating charges | 640/8 | €1,674 | €3,452 | +€1,778 | +106.2% |
| Gross operating margin | 9900 | €68,648 | €83,275 | +€14,627 | +21.3% |
| Operating profit (loss) | 9901 | €2,542 | €6,758 | +€4,215 | +165.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €212 | €252 | +€40 | +18.7% |
| Recurring financial charges | 65 | €212 | €252 | +€40 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €2,330 | €6,506 | +€4,176 | +179.2% |
| Income taxes | 67/77 | €1,205 | - | -€1,205 | |
| Profit (loss) for the period | 9904 | €1,125 | €6,506 | +€5,380 | +478.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,125 | €6,506 | +€5,380 | +478.2% |
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.