SPACE IN PLACE: 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.
SPACE IN PLACE
Largest movements
- Receivables within one year +€20,088
up €20,088 (+236%), from €8,526 to €28,613
- Tangible fixed assets -€5,358
down €5,358 (-19.0%), from €28,141 to €22,783
of which Furniture and vehicles: -€6,957
- Receivables after one year +€3,000
new in 2024: €3,000
- Cash +€2,179
up €2,179 (+3.7%), from €59,099 to €61,277
mainly Net result for the year (+€30,288) and Depreciation (+€7,731)
- Stocks and contracts +€1,681
new in 2024: €1,681
- Reserves +€30,288
up €30,288 (+38.7%), from €78,221 to €108,509
- Other debts -€10,217
down €10,217 (-59.4%), from €17,206 to €6,990
- Tax, wage and social debts +€1,943
up €1,943 (+18.5%), from €10,519 to €12,461
- Gross operating margin +€11,642
up €11,642 (+29.9%), from €38,983 to €50,626
- Taxes +€3,689
up €3,689 (+45.7%), from €8,071 to €11,760
- Depreciation +€677
up €677 (+9.6%), from €7,055 to €7,731
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 | €110,796 | €132,576 | +€21,780 | +19.7% |
| Fixed assets | 21/28 | €43,141 | €37,783 | -€5,358 | -12.4% |
| Tangible fixed assets | 22/27 | €28,141 | €22,783 | -€5,358 | -19.0% |
| Plant, machinery and equipment | 23 | €728 | €2,327 | +€1,599 | +220% |
| Furniture and vehicles | 24 | €27,414 | €20,457 | -€6,957 | -25.4% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €67,655 | €94,793 | +€27,138 | +40.1% |
| Amounts receivable after more than one year | 29 | - | €3,000 | +€3,000 | |
| Other amounts receivable | 291 | - | €3,000 | +€3,000 | |
| Stocks and contracts in progress | 3 | - | €1,681 | +€1,681 | |
| Stocks | 30/36 | - | €1,681 | +€1,681 | |
| Amounts receivable within one year | 40/41 | €8,526 | €28,613 | +€20,088 | +236% |
| Trade receivables | 40 | €8,526 | €28,613 | +€20,088 | +236% |
| Cash at bank and in hand | 54/58 | €59,099 | €61,277 | +€2,179 | +3.7% |
| Deferred charges and accrued income | 490/1 | €31 | €221 | +€191 | +621% |
| Total equity and liabilities | 10/49 | €110,796 | €132,576 | +€21,780 | +19.7% |
| Equity | 10/15 | €79,721 | €110,009 | +€30,288 | +38.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €78,221 | €108,509 | +€30,288 | +38.7% |
| Distributable reserves | 133 | €78,221 | €108,509 | +€30,288 | +38.7% |
| Amounts payable | 17/49 | €31,075 | €22,567 | -€8,508 | -27.4% |
| Amounts payable within one year | 42/48 | €31,075 | €22,567 | -€8,508 | -27.4% |
| Trade debts | 44 | €3,350 | €3,116 | -€234 | -7.0% |
| Suppliers | 440/4 | €3,350 | €3,116 | -€234 | -7.0% |
| Taxes, remuneration and social security | 45 | €10,519 | €12,461 | +€1,943 | +18.5% |
| Taxes | 450/3 | €10,519 | €12,461 | +€1,943 | +18.5% |
| Other amounts payable | 47/48 | €17,206 | €6,990 | -€10,217 | -59.4% |
| Non-recurring operating income | 76A | €5,068 | - | -€5,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,055 | €7,731 | +€677 | +9.6% |
| Other operating charges | 640/8 | €1,119 | €834 | -€286 | -25.5% |
| Non-recurring operating charges | 66A | €797 | - | -€797 | |
| Gross operating margin | 9900 | €38,983 | €50,626 | +€11,642 | +29.9% |
| Operating profit (loss) | 9901 | €30,012 | €42,061 | +€12,048 | +40.1% |
| Financial income | 75/76B | - | €144 | +€144 | |
| Recurring financial income | 75 | - | €144 | +€144 | |
| Financial charges | 65/66B | €386 | €156 | -€230 | -59.6% |
| Recurring financial charges | 65 | €386 | €156 | -€230 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €29,626 | €42,049 | +€12,423 | +41.9% |
| Income taxes | 67/77 | €8,071 | €11,760 | +€3,689 | +45.7% |
| Profit (loss) for the period | 9904 | €21,555 | €30,288 | +€8,734 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,555 | €30,288 | +€8,734 | +40.5% |
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.