SOLUTION CREDIT: 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.
SOLUTION CREDIT
Largest movements
- Cash -€381
down €381 (-5.5%), from €6,944 to €6,563
mainly Other debts (-€4,951) and Deferred charges and accrued income (-€211)
- Deferred charges and accrued income +€211
new in 2024: €211
- Other debts -€4,951
down €4,951 (-31.3%), from €15,825 to €10,874
- Trade debts +€1,991
new in 2024: €1,991
- Tax, wage and social debts +€1,214
up €1,214 (+38.6%), from €3,149 to €4,363
- Advances received +€1,131
up €1,131 (+378.3%), from €299 to €1,430
- Profit (loss) carried forward +€445
up €445 (+0.9%), from -€46,908 to -€46,463
- Purchases and services +€4,988
up €4,988 (+10.4%), from €47,924 to €52,912
- Turnover +€4,332
up €4,332 (+8.2%), from €53,066 to €57,398
- Other operating charges -€852
down €852 (-64.3%), from €1,326 to €474
- Taxes +€712
up €712 (+35.6%), from €1,998 to €2,710
- Financial charges -€676
down €676 (-44.1%), from €1,533 to €857
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 | €6,944 | €6,774 | -€170 | -2.4% |
| Current assets | 29/58 | €6,944 | €6,774 | -€170 | -2.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,944 | €6,563 | -€381 | -5.5% |
| Deferred charges and accrued income | 490/1 | - | €211 | +€211 | |
| Total equity and liabilities | 10/49 | €6,944 | €6,774 | -€170 | -2.4% |
| Equity | 10/15 | -€27,620 | -€27,175 | +€445 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €688 | €688 | = | 0.0% |
| Distributable reserves | 133 | €688 | €688 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,908 | -€46,463 | +€445 | +0.9% |
| Provisions and deferred taxes | 16 | €15,291 | €15,291 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,291 | €15,291 | = | 0.0% |
| Other liabilities and charges | 164/5 | €15,291 | €15,291 | = | 0.0% |
| Amounts payable | 17/49 | €19,273 | €18,658 | -€615 | -3.2% |
| Amounts payable within one year | 42/48 | €19,273 | €18,658 | -€615 | -3.2% |
| Trade debts | 44 | - | €1,991 | +€1,991 | |
| Suppliers | 440/4 | - | €1,991 | +€1,991 | |
| Advances received on contracts in progress | 46 | €299 | €1,430 | +€1,131 | +378.3% |
| Taxes, remuneration and social security | 45 | €3,149 | €4,363 | +€1,214 | +38.6% |
| Taxes | 450/3 | €3,149 | €4,363 | +€1,214 | +38.6% |
| Other amounts payable | 47/48 | €15,825 | €10,874 | -€4,951 | -31.3% |
| Turnover | 70 | €53,066 | €57,398 | +€4,332 | +8.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €47,924 | €52,912 | +€4,988 | +10.4% |
| Other operating charges | 640/8 | €1,326 | €474 | -€852 | -64.3% |
| Gross operating margin | 9900 | €5,141 | €4,486 | -€655 | -12.7% |
| Operating profit (loss) | 9901 | €3,815 | €4,012 | +€197 | +5.2% |
| Financial charges | 65/66B | €1,533 | €857 | -€676 | -44.1% |
| Recurring financial charges | 65 | €1,533 | €857 | -€676 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €2,282 | €3,155 | +€873 | +38.3% |
| Income taxes | 67/77 | €1,998 | €2,710 | +€712 | +35.6% |
| Profit (loss) for the period | 9904 | €284 | €445 | +€161 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €284 | €445 | +€161 | +56.7% |
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.