Sense: what changed
Two fiscal 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.
Sense
Largest movements
- Cash +€52,931
up €52,931 (+84.9%), from €62,344 to €115,275
mainly Net result for the year (+€90,369) and Depreciation (+€10,848)
- Receivables within one year +€39,985
up €39,985 (+194.4%), from €20,570 to €60,555
of which Trade receivables: +€34,344
- Tangible fixed assets -€6,546
down €6,546 (-14.3%), from €45,923 to €39,377
- Deferred charges and accrued income +€2,361
up €2,361 (+237.5%), from €994 to €3,355
- Profit (loss) carried forward +€69,319
up €69,319 (+95.2%), from €72,777 to €142,096
- Reserves +€21,050
new in 2024: €21,050
- Debts after one year -€8,293
down €8,293 (-24.3%), from €34,138 to €25,845
- Tax, wage and social debts +€3,666
up €3,666 (+40.0%), from €9,169 to €12,835
- Gross operating margin +€30,966
up €30,966 (+32.4%), from €95,466 to €126,433
- Depreciation +€7,657
up €7,657 (+239.9%), from €3,191 to €10,848
- Taxes +€5,810
up €5,810 (+31.3%), from €18,549 to €24,359
- Financial income +€2,374
up €2,374 (+79133.3%), from €3 to €2,377
- Financial charges +€1,354
up €1,354 (+157.3%), from €861 to €2,215
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 | €130,592 | €218,561 | +€87,969 | +67.4% |
| Formation expenses | 20 | €762 | - | -€762 | |
| Fixed assets | 21/28 | €45,923 | €39,377 | -€6,546 | -14.3% |
| Tangible fixed assets | 22/27 | €45,923 | €39,377 | -€6,546 | -14.3% |
| Furniture and vehicles | 24 | €45,923 | €39,377 | -€6,546 | -14.3% |
| Current assets | 29/58 | €83,908 | €179,184 | +€95,277 | +113.5% |
| Amounts receivable within one year | 40/41 | €20,570 | €60,555 | +€39,985 | +194.4% |
| Trade receivables | 40 | €20,570 | €54,914 | +€34,344 | +167.0% |
| Other amounts receivable | 41 | - | €5,641 | +€5,641 | |
| Cash at bank and in hand | 54/58 | €62,344 | €115,275 | +€52,931 | +84.9% |
| Deferred charges and accrued income | 490/1 | €994 | €3,355 | +€2,361 | +237.5% |
| Total equity and liabilities | 10/49 | €130,592 | €218,561 | +€87,969 | +67.4% |
| Equity | 10/15 | €77,777 | €168,146 | +€90,369 | +116.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €21,050 | +€21,050 | |
| Tax-exempt reserves | 132 | - | €21,050 | +€21,050 | |
| Profit (loss) carried forward | 14 | €72,777 | €142,096 | +€69,319 | +95.2% |
| Amounts payable | 17/49 | €52,815 | €50,415 | -€2,400 | -4.5% |
| Amounts payable after more than one year | 17 | €34,138 | €25,845 | -€8,293 | -24.3% |
| Financial debts | 170/4 | €34,138 | €25,845 | -€8,293 | -24.3% |
| Amounts payable within one year | 42/48 | €18,678 | €24,571 | +€5,893 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €7,888 | €8,293 | +€405 | +5.1% |
| Trade debts | 44 | €1,310 | €2,893 | +€1,582 | +120.7% |
| Suppliers | 440/4 | €1,310 | €2,893 | +€1,582 | +120.7% |
| Taxes, remuneration and social security | 45 | €9,169 | €12,835 | +€3,666 | +40.0% |
| Taxes | 450/3 | €9,169 | €12,835 | +€3,666 | +40.0% |
| Other amounts payable | 47/48 | €310 | €550 | +€240 | +77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,191 | €10,848 | +€7,657 | +239.9% |
| Other operating charges | 640/8 | €91 | €1,018 | +€927 | +1013.3% |
| Gross operating margin | 9900 | €95,466 | €126,433 | +€30,966 | +32.4% |
| Operating profit (loss) | 9901 | €92,184 | €114,566 | +€22,382 | +24.3% |
| Financial income | 75/76B | €3 | €2,377 | +€2,374 | +79133.3% |
| Recurring financial income | 75 | €3 | €2,377 | +€2,374 | +79133.3% |
| Financial charges | 65/66B | €861 | €2,215 | +€1,354 | +157.3% |
| Recurring financial charges | 65 | €861 | €2,215 | +€1,354 | +157.3% |
| Profit (loss) for the period before taxes | 9903 | €91,326 | €114,728 | +€23,402 | +25.6% |
| Income taxes | 67/77 | €18,549 | €24,359 | +€5,810 | +31.3% |
| Profit (loss) for the period | 9904 | €72,777 | €90,369 | +€17,592 | +24.2% |
| Transfer to tax-exempt reserves | 689 | - | €21,050 | +€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,777 | €69,319 | -€3,458 | -4.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.