SA: 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.
SA
Largest movements
- Receivables within one year +€4,193
up €4,193 (+96.3%), from €4,356 to €8,549
of which Trade receivables: +€3,000
- Cash -€2,393
down €2,393 (-23.6%), from €10,135 to €7,742
mainly Receivables within one year (-€4,193) and Tax, wage and social debts (-€974)
- Tangible fixed assets -€413
down €413 (-29.0%), from €1,425 to €1,011
- Profit (loss) carried forward +€2,360
up €2,360 (+24.4%), from €9,664 to €12,024
- Tax, wage and social debts -€974
down €974 (-16.9%), from €5,752 to €4,778
- Other operating charges +€1,219
up €1,219 (+149%), from €819 to €2,037
- Gross operating margin -€426
down €426 (-6.3%), from €6,716 to €6,290
- Taxes -€258
down €258 (-16.5%), from €1,559 to €1,302
- Financial charges +€178
up €178 (+110,944%), from €0 to €178
- Depreciation -€140
down €140 (-25.3%), from €553 to €413
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 | €15,916 | €17,302 | +€1,386 | +8.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,425 | €1,011 | -€413 | -29.0% |
| Tangible fixed assets | 22/27 | €1,425 | €1,011 | -€413 | -29.0% |
| Plant, machinery and equipment | 23 | €1,425 | €1,011 | -€413 | -29.0% |
| Current assets | 29/58 | €14,491 | €16,291 | +€1,800 | +12.4% |
| Amounts receivable within one year | 40/41 | €4,356 | €8,549 | +€4,193 | +96.3% |
| Trade receivables | 40 | €4,356 | €7,356 | +€3,000 | +68.9% |
| Other amounts receivable | 41 | - | €1,193 | +€1,193 | |
| Cash at bank and in hand | 54/58 | €10,135 | €7,742 | -€2,393 | -23.6% |
| Total equity and liabilities | 10/49 | €15,916 | €17,302 | +€1,386 | +8.7% |
| Equity | 10/15 | €10,164 | €12,524 | +€2,360 | +23.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,664 | €12,024 | +€2,360 | +24.4% |
| Amounts payable | 17/49 | €5,752 | €4,778 | -€974 | -16.9% |
| Amounts payable within one year | 42/48 | €5,752 | €4,778 | -€974 | -16.9% |
| Taxes, remuneration and social security | 45 | €5,752 | €4,778 | -€974 | -16.9% |
| Taxes | 450/3 | €5,752 | €4,778 | -€974 | -16.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €553 | €413 | -€140 | -25.3% |
| Other operating charges | 640/8 | €819 | €2,037 | +€1,219 | +149% |
| Gross operating margin | 9900 | €6,716 | €6,290 | -€426 | -6.3% |
| Operating profit (loss) | 9901 | €5,344 | €3,839 | -€1,505 | -28.2% |
| Financial charges | 65/66B | €0 | €178 | +€178 | +110,944% |
| Recurring financial charges | 65 | €0 | €178 | +€178 | +110,944% |
| Profit (loss) for the period before taxes | 9903 | €5,344 | €3,662 | -€1,682 | -31.5% |
| Income taxes | 67/77 | €1,559 | €1,302 | -€258 | -16.5% |
| Profit (loss) for the period | 9904 | €3,784 | €2,360 | -€1,425 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,784 | €2,360 | -€1,425 | -37.6% |
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 14 October 2026 via checked.be.