ST CALL: 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.
ST CALL
Largest movements
- Receivables within one year +€52,147
up €52,147 (+41.5%), from €125,631 to €177,778
of which Other amounts receivable: +€50,797
- Tangible fixed assets +€9,498
new in 2024: €9,498
of which Furniture and vehicles: +€6,373
- Cash -€2,946
down €2,946 (-63.4%), from €4,645 to €1,698
mainly Receivables within one year (-€52,147) and Investment in fixed assets (net) (-€10,461)
- Deferred charges and accrued income +€2,456
up €2,456 (+1355.9%), from €181 to €2,638
- Trade debts +€49,196
up €49,196 (+97.0%), from €50,708 to €99,904
- Short-term financial debts +€17,875
new in 2024: €17,875
- Tax, wage and social debts -€10,192
down €10,192 (-36.0%), from €28,332 to €18,140
of which Taxes: -€8,692
- Profit (loss) carried forward +€6,126
up €6,126 (+38.2%), from €16,037 to €22,163
- Other operating charges +€14,851
up €14,851 (+411.9%), from €3,606 to €18,457
- Gross operating margin -€11,196
down €11,196 (-22.8%), from €49,174 to €37,978
- Financial charges +€7,918
up €7,918 (+780.9%), from €1,014 to €8,932
of which Financial charges: +€7,753
- Taxes -€7,700
down €7,700 (-68.7%), from €11,200 to €3,500
- Depreciation +€963
new in 2024: €963
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 | €130,547 | €191,702 | +€61,155 | +46.8% |
| Fixed assets | 21/28 | €91 | €9,589 | +€9,498 | +10459.1% |
| Tangible fixed assets | 22/27 | - | €9,498 | +€9,498 | |
| Plant, machinery and equipment | 23 | - | €3,125 | +€3,125 | |
| Furniture and vehicles | 24 | - | €6,373 | +€6,373 | |
| Financial fixed assets | 28 | €91 | €91 | = | 0.0% |
| Current assets | 29/58 | €130,457 | €182,114 | +€51,657 | +39.6% |
| Amounts receivable within one year | 40/41 | €125,631 | €177,778 | +€52,147 | +41.5% |
| Trade receivables | 40 | €36,679 | €38,030 | +€1,350 | +3.7% |
| Other amounts receivable | 41 | €88,951 | €139,748 | +€50,797 | +57.1% |
| Cash at bank and in hand | 54/58 | €4,645 | €1,698 | -€2,946 | -63.4% |
| Deferred charges and accrued income | 490/1 | €181 | €2,638 | +€2,456 | +1355.9% |
| Total equity and liabilities | 10/49 | €130,547 | €191,702 | +€61,155 | +46.8% |
| Equity | 10/15 | €16,038 | €22,164 | +€6,126 | +38.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,037 | €22,163 | +€6,126 | +38.2% |
| Amounts payable | 17/49 | €114,509 | €169,538 | +€55,029 | +48.1% |
| Amounts payable within one year | 42/48 | €114,509 | €169,538 | +€55,029 | +48.1% |
| Current portion of amounts payable after more than one year | 42 | €1,850 | - | -€1,850 | |
| Financial debts | 43 | - | €17,875 | +€17,875 | |
| Credit institutions | 430/8 | - | €17,875 | +€17,875 | |
| Trade debts | 44 | €50,708 | €99,904 | +€49,196 | +97.0% |
| Suppliers | 440/4 | €50,708 | €99,904 | +€49,196 | +97.0% |
| Taxes, remuneration and social security | 45 | €28,332 | €18,140 | -€10,192 | -36.0% |
| Taxes | 450/3 | €25,332 | €16,640 | -€8,692 | -34.3% |
| Remuneration and social security | 454/9 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Other amounts payable | 47/48 | €33,620 | €33,620 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €963 | +€963 | |
| Other operating charges | 640/8 | €3,606 | €18,457 | +€14,851 | +411.9% |
| Gross operating margin | 9900 | €49,174 | €37,978 | -€11,196 | -22.8% |
| Operating profit (loss) | 9901 | €45,568 | €18,558 | -€27,010 | -59.3% |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €1,014 | €8,932 | +€7,918 | +780.9% |
| Recurring financial charges | 65 | €1,014 | €8,767 | +€7,753 | +764.6% |
| Non-recurring financial charges | 66B | - | €165 | +€165 | |
| Profit (loss) for the period before taxes | 9903 | €44,574 | €9,626 | -€34,948 | -78.4% |
| Income taxes | 67/77 | €11,200 | €3,500 | -€7,700 | -68.7% |
| Profit (loss) for the period | 9904 | €33,374 | €6,126 | -€27,248 | -81.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,374 | €6,126 | -€27,248 | -81.6% |
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 29 September 2026 via checked.be.