SOCIETING MANAGEMENT: 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.
SOCIETING MANAGEMENT
Largest movements
- Deferred charges and accrued income +€600
up €600 (+392%), from €153 to €753
- Tangible fixed assets -€360
down €360 (-23.8%), from €1,512 to €1,151
- Cash -€356
no longer reported in 2024 (was €356)
mainly Other debts (-€14,592) and Trade debts (-€1,282)
- Other debts -€14,592
down €14,592 (-70.0%), from €20,837 to €6,245
- Profit (loss) carried forward +€12,882
up €12,882 (+56.2%), from -€22,911 to -€10,029
- Short-term financial debts +€2,097
new in 2024: €2,097
- Trade debts -€1,282
down €1,282 (-62.4%), from €2,055 to €773
- Tax, wage and social debts +€765
up €765 (+741%), from €103 to €869
- Gross operating margin +€17,632
up €17,632, from -€2,216 to €15,416
- Depreciation -€436
down €436 (-44.0%), from €991 to €555
- Taxes +€167
up €167 (+65.8%), from €253 to €420
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 | €3,084 | €2,955 | -€129 | -4.2% |
| Fixed assets | 21/28 | €1,512 | €1,151 | -€360 | -23.8% |
| Tangible fixed assets | 22/27 | €1,512 | €1,151 | -€360 | -23.8% |
| Furniture and vehicles | 24 | €1,512 | €1,151 | -€360 | -23.8% |
| Current assets | 29/58 | €1,572 | €1,803 | +€231 | +14.7% |
| Amounts receivable within one year | 40/41 | €1,063 | €1,050 | -€13 | -1.2% |
| Other amounts receivable | 41 | €1,063 | €1,050 | -€13 | -1.2% |
| Cash at bank and in hand | 54/58 | €356 | - | -€356 | |
| Deferred charges and accrued income | 490/1 | €153 | €753 | +€600 | +392% |
| Total equity and liabilities | 10/49 | €3,084 | €2,955 | -€129 | -4.2% |
| Equity | 10/15 | -€19,911 | -€7,029 | +€12,882 | +64.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,911 | -€10,029 | +€12,882 | +56.2% |
| Amounts payable | 17/49 | €22,995 | €9,983 | -€13,012 | -56.6% |
| Amounts payable within one year | 42/48 | €22,995 | €9,983 | -€13,012 | -56.6% |
| Financial debts | 43 | - | €2,097 | +€2,097 | |
| Credit institutions | 430/8 | - | €2,097 | +€2,097 | |
| Trade debts | 44 | €2,055 | €773 | -€1,282 | -62.4% |
| Suppliers | 440/4 | €2,055 | €773 | -€1,282 | -62.4% |
| Taxes, remuneration and social security | 45 | €103 | €869 | +€765 | +741% |
| Taxes | 450/3 | €103 | €869 | +€765 | +741% |
| Other amounts payable | 47/48 | €20,837 | €6,245 | -€14,592 | -70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €991 | €555 | -€436 | -44.0% |
| Other operating charges | 640/8 | €706 | €858 | +€152 | +21.5% |
| Gross operating margin | 9900 | -€2,216 | €15,416 | +€17,632 | |
| Operating profit (loss) | 9901 | -€3,913 | €14,003 | +€17,916 | |
| Financial income | 75/76B | €16 | €3 | -€13 | -82.4% |
| Recurring financial income | 75 | €16 | €3 | -€13 | -82.4% |
| Financial charges | 65/66B | €705 | €703 | -€2 | -0.3% |
| Recurring financial charges | 65 | €705 | €703 | -€2 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,603 | €13,302 | +€17,906 | |
| Income taxes | 67/77 | €253 | €420 | +€167 | +65.8% |
| Profit (loss) for the period | 9904 | -€4,856 | €12,882 | +€17,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,856 | €12,882 | +€17,739 |
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 1 November 2026 via checked.be.