ST - Accountants: 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.
ST - Accountants
Largest movements
- Receivables within one year +€94,095
up €94,095 (+183%), from €51,313 to €145,408
of which Other amounts receivable: +€90,398
- Cash -€29,595
down €29,595 (-56.4%), from €52,486 to €22,890
mainly Receivables within one year (-€94,095) and Other debts (-€31,000)
- Intangible fixed assets -€2,600
down €2,600 (-10.3%), from €25,167 to €22,567
- Tangible fixed assets +€2,046
new in 2024: €2,046
- Profit (loss) carried forward +€61,979
up €61,979 (+105%), from €59,256 to €121,234
- Other debts -€31,000
down €31,000 (-50.8%), from €61,000 to €30,000
- Debts after one year +€26,397
new in 2024: €26,397
- Current portion of long-term debt +€7,694
new in 2024: €7,694
- Tax, wage and social debts -€2,514
down €2,514 (-37.5%), from €6,710 to €4,195
- Gross operating margin +€15,814
up €15,814 (+26.0%), from €60,819 to €76,634
- Taxes +€8,875
new in 2024: €8,875
- Purchases and services -€3,602
no longer reported in 2024 (was €3,602)
- Depreciation +€2,777
up €2,777 (+333%), from €833 to €3,610
- Financial charges +€1,322
up €1,322 (+181%), from €730 to €2,052
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 | €128,966 | €192,911 | +€63,945 | +49.6% |
| Fixed assets | 21/28 | €25,167 | €24,612 | -€554 | -2.2% |
| Intangible fixed assets | 21 | €25,167 | €22,567 | -€2,600 | -10.3% |
| Tangible fixed assets | 22/27 | - | €2,046 | +€2,046 | |
| Plant, machinery and equipment | 23 | - | €2,046 | +€2,046 | |
| Current assets | 29/58 | €103,799 | €168,299 | +€64,500 | +62.1% |
| Amounts receivable within one year | 40/41 | €51,313 | €145,408 | +€94,095 | +183% |
| Trade receivables | 40 | €24,513 | €28,210 | +€3,697 | +15.1% |
| Other amounts receivable | 41 | €26,800 | €117,198 | +€90,398 | +337% |
| Cash at bank and in hand | 54/58 | €52,486 | €22,890 | -€29,595 | -56.4% |
| Total equity and liabilities | 10/49 | €128,966 | €192,911 | +€63,945 | +49.6% |
| Equity | 10/15 | €61,256 | €123,234 | +€61,979 | +101% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,256 | €121,234 | +€61,979 | +105% |
| Amounts payable | 17/49 | €67,710 | €69,677 | +€1,967 | +2.9% |
| Amounts payable after more than one year | 17 | - | €26,397 | +€26,397 | |
| Financial debts | 170/4 | - | €26,397 | +€26,397 | |
| Amounts payable within one year | 42/48 | €67,710 | €43,279 | -€24,431 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,694 | +€7,694 | |
| Trade debts | 44 | - | €1,390 | +€1,390 | |
| Suppliers | 440/4 | - | €1,390 | +€1,390 | |
| Taxes, remuneration and social security | 45 | €6,710 | €4,195 | -€2,514 | -37.5% |
| Taxes | 450/3 | €6,710 | €4,195 | -€2,514 | -37.5% |
| Other amounts payable | 47/48 | €61,000 | €30,000 | -€31,000 | -50.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,602 | - | -€3,602 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €3,610 | +€2,777 | +333% |
| Other operating charges | 640/8 | - | €118 | +€118 | |
| Gross operating margin | 9900 | €60,819 | €76,634 | +€15,814 | +26.0% |
| Operating profit (loss) | 9901 | €59,986 | €72,905 | +€12,920 | +21.5% |
| Financial charges | 65/66B | €730 | €2,052 | +€1,322 | +181% |
| Recurring financial charges | 65 | €730 | €2,052 | +€1,322 | +181% |
| Profit (loss) for the period before taxes | 9903 | €59,256 | €70,853 | +€11,598 | +19.6% |
| Income taxes | 67/77 | - | €8,875 | +€8,875 | |
| Profit (loss) for the period | 9904 | €59,256 | €61,979 | +€2,723 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,256 | €61,979 | +€2,723 | +4.6% |
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 17 October 2026 via checked.be.