SONGKRAN: 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.
SONGKRAN
Largest movements
- Receivables within one year +€42,144
up €42,144 (+3,540%), from €1,191 to €43,334
of which Trade receivables: +€41,693
- Financial fixed assets +€8,500
up €8,500 (+92.0%), from €9,237 to €17,737
- Tangible fixed assets -€1,896
down €1,896 (-35.5%), from €5,343 to €3,447
of which Furniture and vehicles: -€1,144
- Cash -€853
down €853 (-85.1%), from €1,003 to €150
mainly Receivables within one year (-€42,144) and Investment in fixed assets (net) (-€8,500)
- Other debts +€38,200
new in 2024: €38,200
- Tax, wage and social debts +€6,263
up €6,263 (+30.4%), from €20,627 to €26,890
of which Taxes: +€3,556
- Profit (loss) carried forward +€5,976
up €5,976 (+15.6%), from -€38,224 to -€32,249
- Trade debts -€2,544
down €2,544 (-73.5%), from €3,462 to €918
- Turnover +€57,316
new in 2024: €57,316
- Gross operating margin +€27,981
up €27,981 (+330%), from €8,477 to €36,457
- Staff costs +€23,407
up €23,407 (+491%), from €4,767 to €28,174
- Purchases and services +€22,459
new in 2024: €22,459
- Depreciation -€580
down €580 (-23.4%), from €2,476 to €1,896
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 | €16,773 | €64,668 | +€47,895 | +286% |
| Fixed assets | 21/28 | €14,580 | €21,184 | +€6,604 | +45.3% |
| Tangible fixed assets | 22/27 | €5,343 | €3,447 | -€1,896 | -35.5% |
| Plant, machinery and equipment | 23 | €2,322 | €1,571 | -€751 | -32.4% |
| Furniture and vehicles | 24 | €3,021 | €1,877 | -€1,144 | -37.9% |
| Financial fixed assets | 28 | €9,237 | €17,737 | +€8,500 | +92.0% |
| Current assets | 29/58 | €2,193 | €43,484 | +€41,291 | +1,882% |
| Amounts receivable within one year | 40/41 | €1,191 | €43,334 | +€42,144 | +3,540% |
| Trade receivables | 40 | €722 | €42,416 | +€41,693 | +5,771% |
| Other amounts receivable | 41 | €468 | €919 | +€451 | +96.3% |
| Cash at bank and in hand | 54/58 | €1,003 | €150 | -€853 | -85.1% |
| Total equity and liabilities | 10/49 | €16,773 | €64,668 | +€47,895 | +286% |
| Equity | 10/15 | -€19,616 | -€13,640 | +€5,976 | +30.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9 | €9 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9 | €9 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9 | €9 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,224 | -€32,249 | +€5,976 | +15.6% |
| Amounts payable | 17/49 | €36,389 | €78,308 | +€41,919 | +115% |
| Amounts payable within one year | 42/48 | €36,389 | €78,308 | +€41,919 | +115% |
| Financial debts | 43 | €12,300 | €12,300 | = | 0.0% |
| Other loans | 439 | €12,300 | €12,300 | = | 0.0% |
| Trade debts | 44 | €3,462 | €918 | -€2,544 | -73.5% |
| Suppliers | 440/4 | €3,462 | €918 | -€2,544 | -73.5% |
| Taxes, remuneration and social security | 45 | €20,627 | €26,890 | +€6,263 | +30.4% |
| Taxes | 450/3 | €5,534 | €9,091 | +€3,556 | +64.3% |
| Remuneration and social security | 454/9 | €15,093 | €17,800 | +€2,707 | +17.9% |
| Other amounts payable | 47/48 | - | €38,200 | +€38,200 | |
| Turnover | 70 | - | €57,316 | +€57,316 | |
| Non-recurring operating income | 76A | - | €1,600 | +€1,600 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €22,459 | +€22,459 | |
| Remuneration, social security and pensions | 62 | €4,767 | €28,174 | +€23,407 | +491% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,476 | €1,896 | -€580 | -23.4% |
| Other operating charges | 640/8 | €357 | - | -€357 | |
| Gross operating margin | 9900 | €8,477 | €36,457 | +€27,981 | +330% |
| Operating profit (loss) | 9901 | €877 | €6,388 | +€5,510 | +628% |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €16 | €238 | +€222 | +1,398% |
| Recurring financial charges | 65 | €16 | €238 | +€222 | +1,398% |
| Profit (loss) for the period before taxes | 9903 | €891 | €6,150 | +€5,260 | +590% |
| Income taxes | 67/77 | - | €174 | +€174 | |
| Profit (loss) for the period | 9904 | €891 | €5,976 | +€5,085 | +571% |
| Profit (loss) for the period to be appropriated | 9905 | €891 | €5,976 | +€5,085 | +571% |
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 25 October 2026 via checked.be.