SAY-CURE-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.
SAY-CURE-IT
Largest movements
- Receivables within one year -€35,674
down €35,674 (-79.3%), from €44,969 to €9,294
of which Trade receivables: -€27,921
- Cash -€8,604
down €8,604 (-21.4%), from €40,184 to €31,580
mainly Trade debts (-€28,424) and Other debts (-€16,937)
- Trade debts -€28,424
down €28,424 (-71.0%), from €40,011 to €11,587
- Other debts -€16,937
no longer reported in 2024 (was €16,937)
- Short-term financial debts +€10,000
new in 2024: €10,000
- Tax, wage and social debts -€9,494
down €9,494 (-29.8%), from €31,825 to €22,330
- Gross operating margin -€11,054
down €11,054 (-26.0%), from €42,520 to €31,466
- Taxes +€4,386
up €4,386 (+48.1%), from €9,125 to €13,511
- Depreciation +€2,929
up €2,929 (+38.6%), from €7,588 to €10,517
- Other operating charges +€1,617
up €1,617 (+84.9%), from €1,905 to €3,521
- Financial charges +€1,560
up €1,560 (+783%), from €199 to €1,759
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 | €228,622 | €185,925 | -€42,697 | -18.7% |
| Fixed assets | 21/28 | €143,201 | €144,469 | +€1,268 | +0.9% |
| Intangible fixed assets | 21 | €1,478 | €1,285 | -€193 | -13.1% |
| Tangible fixed assets | 22/27 | €141,360 | €142,821 | +€1,461 | +1.0% |
| Land and buildings | 22 | €133,436 | €128,644 | -€4,792 | -3.6% |
| Furniture and vehicles | 24 | €7,924 | €14,177 | +€6,253 | +78.9% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €85,421 | €41,456 | -€43,965 | -51.5% |
| Amounts receivable within one year | 40/41 | €44,969 | €9,294 | -€35,674 | -79.3% |
| Trade receivables | 40 | €29,122 | €1,201 | -€27,921 | -95.9% |
| Other amounts receivable | 41 | €15,846 | €8,093 | -€7,753 | -48.9% |
| Cash at bank and in hand | 54/58 | €40,184 | €31,580 | -€8,604 | -21.4% |
| Deferred charges and accrued income | 490/1 | €269 | €582 | +€313 | +116% |
| Total equity and liabilities | 10/49 | €228,622 | €185,925 | -€42,697 | -18.7% |
| Equity | 10/15 | €139,850 | €142,008 | +€2,158 | +1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,650 | €135,808 | +€2,158 | +1.6% |
| Amounts payable | 17/49 | €88,772 | €43,917 | -€44,855 | -50.5% |
| Amounts payable within one year | 42/48 | €88,772 | €43,917 | -€44,855 | -50.5% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Other loans | 439 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €40,011 | €11,587 | -€28,424 | -71.0% |
| Suppliers | 440/4 | €40,011 | €11,587 | -€28,424 | -71.0% |
| Taxes, remuneration and social security | 45 | €31,825 | €22,330 | -€9,494 | -29.8% |
| Taxes | 450/3 | €31,825 | €22,330 | -€9,494 | -29.8% |
| Other amounts payable | 47/48 | €16,937 | - | -€16,937 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,588 | €10,517 | +€2,929 | +38.6% |
| Other operating charges | 640/8 | €1,905 | €3,521 | +€1,617 | +84.9% |
| Gross operating margin | 9900 | €42,520 | €31,466 | -€11,054 | -26.0% |
| Operating profit (loss) | 9901 | €33,027 | €17,428 | -€15,600 | -47.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €199 | €1,759 | +€1,560 | +783% |
| Recurring financial charges | 65 | €199 | €1,759 | +€1,560 | +783% |
| Profit (loss) for the period before taxes | 9903 | €32,830 | €15,669 | -€17,161 | -52.3% |
| Income taxes | 67/77 | €9,125 | €13,511 | +€4,386 | +48.1% |
| Profit (loss) for the period | 9904 | €23,705 | €2,158 | -€21,547 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,705 | €2,158 | -€21,547 | -90.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.