S & I: 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 & I
Largest movements
- Cash +€41,902
up €41,902 (+168.7%), from €24,835 to €66,737
mainly Net result for the year (+€41,149) and Tax, wage and social debts (+€38,466)
- Receivables within one year +€40,666
up €40,666 (+22.3%), from €182,489 to €223,155
of which Trade receivables: +€21,817
- Tangible fixed assets +€12,334
up €12,334 (+78.1%), from €15,784 to €28,118
of which Furniture and vehicles: +€18,784
- Deferred charges and accrued income +€7,089
up €7,089 (+25.3%), from €28,072 to €35,161
- Stocks and contracts +€4,725
up €4,725 (+165.4%), from €2,857 to €7,582
- Profit (loss) carried forward +€41,133
up €41,133 (+23.3%), from €176,390 to €217,522
- Tax, wage and social debts +€38,466
up €38,466 (+106.9%), from €35,974 to €74,440
of which Remuneration and social security: +€29,040
- Trade debts +€30,251
up €30,251 (+209.1%), from €14,464 to €44,715
- Staff costs +€29,166
up €29,166 (+81.1%), from €35,941 to €65,107
- Other operating charges -€10,945
down €10,945 (-79.4%), from €13,782 to €2,837
- Taxes -€3,975
down €3,975 (-15.8%), from €25,098 to €21,123
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 | €254,036 | €360,753 | +€106,717 | +42.0% |
| Fixed assets | 21/28 | €15,784 | €28,118 | +€12,334 | +78.1% |
| Tangible fixed assets | 22/27 | €15,784 | €28,118 | +€12,334 | +78.1% |
| Plant, machinery and equipment | 23 | €13,433 | €6,983 | -€6,450 | -48.0% |
| Furniture and vehicles | 24 | €2,352 | €21,135 | +€18,784 | +798.8% |
| Current assets | 29/58 | €238,252 | €332,635 | +€94,383 | +39.6% |
| Stocks and contracts in progress | 3 | €2,857 | €7,582 | +€4,725 | +165.4% |
| Stocks | 30/36 | €2,857 | €7,582 | +€4,725 | +165.4% |
| Amounts receivable within one year | 40/41 | €182,489 | €223,155 | +€40,666 | +22.3% |
| Trade receivables | 40 | €22,347 | €44,164 | +€21,817 | +97.6% |
| Other amounts receivable | 41 | €160,142 | €178,991 | +€18,850 | +11.8% |
| Cash at bank and in hand | 54/58 | €24,835 | €66,737 | +€41,902 | +168.7% |
| Deferred charges and accrued income | 490/1 | €28,072 | €35,161 | +€7,089 | +25.3% |
| Total equity and liabilities | 10/49 | €254,036 | €360,753 | +€106,717 | +42.0% |
| Equity | 10/15 | €196,850 | €237,982 | +€41,133 | +20.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,390 | €217,522 | +€41,133 | +23.3% |
| Amounts payable | 17/49 | €57,187 | €122,771 | +€65,584 | +114.7% |
| Amounts payable after more than one year | 17 | €6,748 | €3,615 | -€3,133 | -46.4% |
| Financial debts | 170/4 | €6,748 | €3,615 | -€3,133 | -46.4% |
| Amounts payable within one year | 42/48 | €50,439 | €119,156 | +€68,717 | +136.2% |
| Trade debts | 44 | €14,464 | €44,715 | +€30,251 | +209.1% |
| Suppliers | 440/4 | €14,464 | €44,715 | +€30,251 | +209.1% |
| Taxes, remuneration and social security | 45 | €35,974 | €74,440 | +€38,466 | +106.9% |
| Taxes | 450/3 | €35,974 | €45,401 | +€9,427 | +26.2% |
| Remuneration and social security | 454/9 | - | €29,040 | +€29,040 | |
| Remuneration, social security and pensions | 62 | €35,941 | €65,107 | +€29,166 | +81.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,070 | €7,822 | -€247 | -3.1% |
| Other operating charges | 640/8 | €13,782 | €2,837 | -€10,945 | -79.4% |
| Gross operating margin | 9900 | €140,467 | €141,324 | +€857 | +0.6% |
| Operating profit (loss) | 9901 | €82,674 | €65,558 | -€17,116 | -20.7% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €3,453 | €3,286 | -€168 | -4.9% |
| Recurring financial charges | 65 | €3,453 | €3,286 | -€168 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €79,222 | €62,272 | -€16,950 | -21.4% |
| Income taxes | 67/77 | €25,098 | €21,123 | -€3,975 | -15.8% |
| Profit (loss) for the period | 9904 | €54,124 | €41,149 | -€12,975 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,124 | €41,149 | -€12,975 | -24.0% |
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.