SOME-BODY: 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.
SOME-BODY
Largest movements
- Cash +€43,740
up €43,740 (+57.7%), from €75,750 to €119,491
mainly Depreciation (+€45,964) and Net result for the year (+€35,855)
- Tangible fixed assets -€36,305
down €36,305 (-19.8%), from €183,121 to €146,815
- Receivables within one year -€35,446
down €35,446 (-98.8%), from €35,871 to €426
of which Trade receivables: -€35,091
- Stocks and contracts +€5,046
up €5,046 (+66.3%), from €7,607 to €12,653
- Trade debts -€38,892
down €38,892 (-81.7%), from €47,628 to €8,736
- Reserves +€35,855
up €35,855 (+54.5%), from €65,782 to €101,638
of which Distributable reserves: +€35,855
- Debts after one year -€14,177
down €14,177 (-50.8%), from €27,889 to €13,712
- Other debts +€7,603
new in 2024: €7,603
- Current portion of long-term debt -€7,081
down €7,081 (-33.3%), from €21,258 to €14,177
- Gross operating margin +€54,799
up €54,799 (+17.1%), from €320,825 to €375,624
- Staff costs +€23,132
up €23,132 (+9.6%), from €241,709 to €264,841
- Depreciation +€20,720
up €20,720 (+82.1%), from €25,244 to €45,964
- Taxes +€4,014
up €4,014 (+25.7%), from €15,589 to €19,603
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 | €305,234 | €281,898 | -€23,336 | -7.6% |
| Fixed assets | 21/28 | €183,621 | €147,315 | -€36,305 | -19.8% |
| Tangible fixed assets | 22/27 | €183,121 | €146,815 | -€36,305 | -19.8% |
| Land and buildings | 22 | €50,977 | €38,867 | -€12,109 | -23.8% |
| Plant, machinery and equipment | 23 | €52,874 | €44,449 | -€8,424 | -15.9% |
| Furniture and vehicles | 24 | €4,451 | €1,296 | -€3,155 | -70.9% |
| Other tangible fixed assets | 26 | €74,819 | €62,202 | -€12,617 | -16.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €121,613 | €134,583 | +€12,970 | +10.7% |
| Stocks and contracts in progress | 3 | €7,607 | €12,653 | +€5,046 | +66.3% |
| Stocks | 30/36 | €7,607 | €12,653 | +€5,046 | +66.3% |
| Amounts receivable within one year | 40/41 | €35,871 | €426 | -€35,446 | -98.8% |
| Trade receivables | 40 | €35,091 | - | -€35,091 | |
| Other amounts receivable | 41 | €780 | €426 | -€355 | -45.5% |
| Cash at bank and in hand | 54/58 | €75,750 | €119,491 | +€43,740 | +57.7% |
| Deferred charges and accrued income | 490/1 | €2,385 | €2,013 | -€371 | -15.6% |
| Total equity and liabilities | 10/49 | €305,234 | €281,898 | -€23,336 | -7.6% |
| Equity | 10/15 | €84,382 | €120,238 | +€35,855 | +42.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,782 | €101,638 | +€35,855 | +54.5% |
| Non-distributable reserves | 130/1 | €330 | €330 | = | 0.0% |
| Reserves not available under the articles | 1311 | €330 | €330 | = | 0.0% |
| Distributable reserves | 133 | €65,452 | €101,308 | +€35,855 | +54.8% |
| Provisions and deferred taxes | 16 | €73,003 | €69,909 | -€3,093 | -4.2% |
| Provisions for liabilities and charges | 160/5 | €73,003 | €69,909 | -€3,093 | -4.2% |
| Other liabilities and charges | 164/5 | €73,003 | €69,909 | -€3,093 | -4.2% |
| Amounts payable | 17/49 | €147,848 | €91,751 | -€56,097 | -37.9% |
| Amounts payable after more than one year | 17 | €27,889 | €13,712 | -€14,177 | -50.8% |
| Financial debts | 170/4 | €27,889 | €13,712 | -€14,177 | -50.8% |
| Amounts payable within one year | 42/48 | €119,960 | €78,039 | -€41,920 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €21,258 | €14,177 | -€7,081 | -33.3% |
| Trade debts | 44 | €47,628 | €8,736 | -€38,892 | -81.7% |
| Suppliers | 440/4 | €47,628 | €8,736 | -€38,892 | -81.7% |
| Taxes, remuneration and social security | 45 | €51,074 | €47,524 | -€3,550 | -7.0% |
| Taxes | 450/3 | €15,580 | €25,276 | +€9,696 | +62.2% |
| Remuneration and social security | 454/9 | €35,495 | €22,248 | -€13,247 | -37.3% |
| Other amounts payable | 47/48 | - | €7,603 | +€7,603 | |
| Non-recurring operating income | 76A | €15,011 | €1,299 | -€13,712 | -91.3% |
| Remuneration, social security and pensions | 62 | €241,709 | €264,841 | +€23,132 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,244 | €45,964 | +€20,720 | +82.1% |
| Other operating charges | 640/8 | €2,716 | €2,933 | +€217 | +8.0% |
| Non-recurring operating charges | 66A | €8 | €9 | +€1 | +11.3% |
| Gross operating margin | 9900 | €320,825 | €375,624 | +€54,799 | +17.1% |
| Operating profit (loss) | 9901 | €51,147 | €61,877 | +€10,729 | +21.0% |
| Financial income | 75/76B | €442 | €94 | -€347 | -78.6% |
| Recurring financial income | 75 | €442 | €94 | -€347 | -78.6% |
| Financial charges | 65/66B | €6,363 | €6,513 | +€150 | +2.4% |
| Recurring financial charges | 65 | €6,363 | €6,513 | +€150 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €45,226 | €55,458 | +€10,232 | +22.6% |
| Income taxes | 67/77 | €15,589 | €19,603 | +€4,014 | +25.7% |
| Profit (loss) for the period | 9904 | €29,637 | €35,855 | +€6,218 | +21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,637 | €35,855 | +€6,218 | +21.0% |
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 3 October 2026 via checked.be.