SHARPDEV: 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.
SHARPDEV
Largest movements
- Cash +€212,771
up €212,771 (+208%), from €102,067 to €314,838
mainly Receivables within one year (+€212,467) and Depreciation (+€52,544)
- Receivables within one year -€212,467
down €212,467 (-68.4%), from €310,823 to €98,356
of which Trade receivables: -€210,815
- Tangible fixed assets -€47,231
down €47,231 (-43.5%), from €108,589 to €61,357
of which Furniture and vehicles: -€47,048
- Reserves -€23,777
down €23,777 (-10.6%), from €224,811 to €201,034
of which Distributable reserves: -€23,777
- Debts after one year -€23,016
down €23,016 (-42.2%), from €54,571 to €31,555
- Trade debts -€9,876
down €9,876 (-14.7%), from €67,214 to €57,338
- Tax, wage and social debts +€7,952
up €7,952 (+5.6%), from €141,613 to €149,565
of which Taxes: +€19,171
- Gross operating margin -€44,194
down €44,194 (-19.1%), from €231,424 to €187,229
- Taxes -€18,006
down €18,006 (-53.8%), from €33,449 to €15,443
- Other operating charges +€13,816
up €13,816 (+115%), from €12,040 to €25,856
- Write-downs +€11,651
up €11,651, from -€6,600 to €5,051
- Depreciation +€11,306
up €11,306 (+27.4%), from €41,238 to €52,544
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 | €527,444 | €481,747 | -€45,697 | -8.7% |
| Fixed assets | 21/28 | €108,589 | €61,357 | -€47,231 | -43.5% |
| Tangible fixed assets | 22/27 | €108,589 | €61,357 | -€47,231 | -43.5% |
| Land and buildings | 22 | €1,302 | €1,119 | -€183 | -14.1% |
| Furniture and vehicles | 24 | €107,286 | €60,238 | -€47,048 | -43.9% |
| Current assets | 29/58 | €418,855 | €420,390 | +€1,535 | +0.4% |
| Amounts receivable within one year | 40/41 | €310,823 | €98,356 | -€212,467 | -68.4% |
| Trade receivables | 40 | €290,916 | €80,101 | -€210,815 | -72.5% |
| Other amounts receivable | 41 | €19,906 | €18,254 | -€1,652 | -8.3% |
| Cash at bank and in hand | 54/58 | €102,067 | €314,838 | +€212,771 | +208% |
| Deferred charges and accrued income | 490/1 | €5,965 | €7,196 | +€1,231 | +20.6% |
| Total equity and liabilities | 10/49 | €527,444 | €481,747 | -€45,697 | -8.7% |
| Equity | 10/15 | €240,909 | €220,273 | -€20,636 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €224,811 | €201,034 | -€23,777 | -10.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €222,951 | €199,174 | -€23,777 | -10.7% |
| Profit (loss) carried forward | 14 | -€2,502 | €639 | +€3,141 | |
| Amounts payable | 17/49 | €286,535 | €261,474 | -€25,061 | -8.7% |
| Amounts payable after more than one year | 17 | €54,571 | €31,555 | -€23,016 | -42.2% |
| Financial debts | 170/4 | €54,571 | €31,555 | -€23,016 | -42.2% |
| Amounts payable within one year | 42/48 | €231,220 | €229,919 | -€1,301 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €22,393 | €23,016 | +€623 | +2.8% |
| Trade debts | 44 | €67,214 | €57,338 | -€9,876 | -14.7% |
| Suppliers | 440/4 | €67,214 | €57,338 | -€9,876 | -14.7% |
| Taxes, remuneration and social security | 45 | €141,613 | €149,565 | +€7,952 | +5.6% |
| Taxes | 450/3 | €119,020 | €138,191 | +€19,171 | +16.1% |
| Remuneration and social security | 454/9 | €22,593 | €11,374 | -€11,219 | -49.7% |
| Accrued charges and deferred income | 492/3 | €744 | - | -€744 | |
| Remuneration, social security and pensions | 62 | €85,526 | €81,647 | -€3,880 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,238 | €52,544 | +€11,306 | +27.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,600 | €5,051 | +€11,651 | |
| Other operating charges | 640/8 | €12,040 | €25,856 | +€13,816 | +115% |
| Gross operating margin | 9900 | €231,424 | €187,229 | -€44,194 | -19.1% |
| Operating profit (loss) | 9901 | €99,220 | €22,132 | -€77,088 | -77.7% |
| Financial income | 75/76B | €77 | €144 | +€66 | +85.9% |
| Recurring financial income | 75 | €77 | €144 | +€66 | +85.9% |
| Financial charges | 65/66B | €3,611 | €3,691 | +€81 | +2.2% |
| Recurring financial charges | 65 | €3,611 | €3,691 | +€81 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €95,686 | €18,584 | -€77,102 | -80.6% |
| Income taxes | 67/77 | €33,449 | €15,443 | -€18,006 | -53.8% |
| Profit (loss) for the period | 9904 | €62,237 | €3,141 | -€59,096 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,237 | €3,141 | -€59,096 | -95.0% |
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 15 October 2026 via checked.be.