SHARIF ADAM: what changed
SHARIF ADAM
Largest movements
- Tangible fixed assets -€4,514
down €4,514 (-26.5%), from €17,013 to €12,499
- Receivables within one year +€1,420
new in 2024: €1,420
of which Trade receivables: +€1,420
- Cash -€863
down €863 (-31.3%), from €2,758 to €1,895
mainly Net result for the year (-€6,815) and Investment in fixed assets (net) (-€2,900)
- Profit (loss) carried forward -€6,815
down €6,815 (-70.2%), from -€9,705 to -€16,520
- Trade debts +€2,295
up €2,295 (+13.1%), from €17,470 to €19,764
- Other debts +€1,974
new in 2024: €1,974
- Tax, wage and social debts -€1,469
down €1,469 (-17.5%), from €8,397 to €6,928
of which Taxes: -€1,231
- Purchases and services -€38,696
no longer reported in 2024 (was €38,696)
- Turnover -€34,944
no longer reported in 2024 (was €34,944)
- Gross operating margin +€7,535
up €7,535, from -€3,752 to €3,783
- Other operating charges +€2,355
up €2,355 (+1,074%), from €219 to €2,574
- Depreciation +€1,960
up €1,960 (+34.6%), from €5,663 to €7,623
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,162 | €17,147 | -€4,015 | -19.0% |
| Fixed assets | 21/28 | €18,379 | €13,656 | -€4,723 | -25.7% |
| Intangible fixed assets | 21 | €866 | €658 | -€208 | -24.1% |
| Tangible fixed assets | 22/27 | €17,013 | €12,499 | -€4,514 | -26.5% |
| Furniture and vehicles | 24 | €17,013 | €12,499 | -€4,514 | -26.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €2,782 | €3,491 | +€708 | +25.5% |
| Amounts receivable within one year | 40/41 | - | €1,420 | +€1,420 | |
| Trade receivables | 40 | - | €1,420 | +€1,420 | |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €2,758 | €1,895 | -€863 | -31.3% |
| Deferred charges and accrued income | 490/1 | €24 | €175 | +€150 | +616% |
| Total equity and liabilities | 10/49 | €21,162 | €17,147 | -€4,015 | -19.0% |
| Equity | 10/15 | -€4,705 | -€11,520 | -€6,815 | -145% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,705 | -€16,520 | -€6,815 | -70.2% |
| Amounts payable | 17/49 | €25,867 | €28,667 | +€2,800 | +10.8% |
| Amounts payable within one year | 42/48 | €25,867 | €28,667 | +€2,800 | +10.8% |
| Trade debts | 44 | €17,470 | €19,764 | +€2,295 | +13.1% |
| Suppliers | 440/4 | €17,470 | €19,764 | +€2,295 | +13.1% |
| Taxes, remuneration and social security | 45 | €8,397 | €6,928 | -€1,469 | -17.5% |
| Taxes | 450/3 | €1,597 | €366 | -€1,231 | -77.1% |
| Remuneration and social security | 454/9 | €6,800 | €6,563 | -€237 | -3.5% |
| Other amounts payable | 47/48 | - | €1,974 | +€1,974 | |
| Turnover | 70 | €34,944 | - | -€34,944 | |
| Goods, raw materials, services and sundry goods | 60/61 | €38,696 | - | -€38,696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,663 | €7,623 | +€1,960 | +34.6% |
| Other operating charges | 640/8 | €219 | €2,574 | +€2,355 | +1,074% |
| Gross operating margin | 9900 | -€3,752 | €3,783 | +€7,535 | |
| Operating profit (loss) | 9901 | -€9,634 | -€6,414 | +€3,220 | +33.4% |
| Financial charges | 65/66B | €71 | €169 | +€98 | +138% |
| Recurring financial charges | 65 | €71 | €169 | +€98 | +138% |
| Profit (loss) for the period before taxes | 9903 | -€9,705 | -€6,583 | +€3,122 | +32.2% |
| Income taxes | 67/77 | - | €231 | +€231 | |
| Profit (loss) for the period | 9904 | -€9,705 | -€6,815 | +€2,890 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,705 | -€6,815 | +€2,890 | +29.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.