SOCIALS AND CO: 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.
SOCIALS AND CO
Largest movements
- Receivables within one year -€12,061
down €12,061 (-22.0%), from €54,935 to €42,873
of which Trade receivables: -€39,080
- Cash +€10,799
up €10,799 (+570%), from €1,894 to €12,693
mainly Receivables within one year (+€12,061) and Tax, wage and social debts (+€7,115)
- Tax, wage and social debts +€7,115
up €7,115 (+41.8%), from €17,012 to €24,126
of which Taxes: +€5,115
- Profit (loss) carried forward -€6,561
new in 2024: -€6,561
- Current portion of long-term debt -€1,609
no longer reported in 2024 (was €1,609)
- Gross operating margin -€53,896
down €53,896 (-98.8%), from €54,560 to €664
- Taxes -€11,897
down €11,897 (-69.9%), from €17,012 to €5,115
- Staff costs -€2,016
no longer reported in 2024 (was €2,016)
- Financial charges +€1,653
up €1,653 (+274%), from €604 to €2,257
- Financial income +€1,489
up €1,489 (+27,619%), from €5 to €1,494
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 | €58,346 | €57,294 | -€1,053 | -1.8% |
| Fixed assets | 21/28 | €1,517 | €1,727 | +€210 | +13.8% |
| Tangible fixed assets | 22/27 | €1,517 | €1,727 | +€210 | +13.8% |
| Plant, machinery and equipment | 23 | €551 | €338 | -€213 | -38.7% |
| Furniture and vehicles | 24 | €967 | €1,389 | +€423 | +43.7% |
| Current assets | 29/58 | €56,829 | €55,567 | -€1,262 | -2.2% |
| Amounts receivable within one year | 40/41 | €54,935 | €42,873 | -€12,061 | -22.0% |
| Trade receivables | 40 | €53,489 | €14,409 | -€39,080 | -73.1% |
| Other amounts receivable | 41 | €1,446 | €28,464 | +€27,018 | +1,868% |
| Cash at bank and in hand | 54/58 | €1,894 | €12,693 | +€10,799 | +570% |
| Total equity and liabilities | 10/49 | €58,346 | €57,294 | -€1,053 | -1.8% |
| Equity | 10/15 | €35,102 | €28,541 | -€6,561 | -18.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €34,102 | €34,102 | = | 0.0% |
| Distributable reserves | 133 | €34,102 | €34,102 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,561 | -€6,561 | |
| Amounts payable | 17/49 | €23,244 | €28,753 | +€5,508 | +23.7% |
| Amounts payable within one year | 42/48 | €23,244 | €28,753 | +€5,508 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €1,609 | - | -€1,609 | |
| Trade debts | 44 | €4,624 | €4,626 | +€2 | +0.1% |
| Suppliers | 440/4 | €4,624 | €4,626 | +€2 | +0.1% |
| Taxes, remuneration and social security | 45 | €17,012 | €24,126 | +€7,115 | +41.8% |
| Taxes | 450/3 | €17,012 | €22,126 | +€5,115 | +30.1% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €2,016 | - | -€2,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €542 | €1,120 | +€578 | +107% |
| Other operating charges | 640/8 | €291 | €227 | -€64 | -21.9% |
| Gross operating margin | 9900 | €54,560 | €664 | -€53,896 | -98.8% |
| Operating profit (loss) | 9901 | €51,711 | -€683 | -€52,394 | |
| Financial income | 75/76B | €5 | €1,494 | +€1,489 | +27,619% |
| Recurring financial income | 75 | €5 | €1,494 | +€1,489 | +27,619% |
| Financial charges | 65/66B | €604 | €2,257 | +€1,653 | +274% |
| Recurring financial charges | 65 | €604 | €2,257 | +€1,653 | +274% |
| Profit (loss) for the period before taxes | 9903 | €51,113 | -€1,446 | -€52,559 | |
| Income taxes | 67/77 | €17,012 | €5,115 | -€11,897 | -69.9% |
| Profit (loss) for the period | 9904 | €34,102 | -€6,561 | -€40,663 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,102 | -€6,561 | -€40,663 |
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 24 October 2026 via checked.be.