START'UP LAB: 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.
START'UP LAB
Largest movements
- Receivables within one year +€158,359
up €158,359 (+82.5%), from €191,989 to €350,348
of which Other amounts receivable: +€166,280
- Tangible fixed assets +€48,353
new in 2024: €48,353
- Deferred charges and accrued income +€31,590
up €31,590 (+136.6%), from €23,120 to €54,710
- Profit (loss) carried forward +€167,900
up €167,900 (+70.3%), from €238,768 to €406,668
- Tax, wage and social debts +€40,156
up €40,156 (+42.8%), from €93,887 to €134,044
- Trade debts +€21,670
up €21,670, from €0 to €21,670
- Debts after one year -€18,336
down €18,336 (-2.2%), from €837,211 to €818,875
- Current portion of long-term debt +€16,414
up €16,414 (+36.6%), from €44,875 to €61,289
- Gross operating margin +€42,056
up €42,056 (+17.9%), from €234,729 to €276,784
- Other operating charges +€25,019
up €25,019 (+2457.2%), from €1,018 to €26,037
- Taxes +€11,267
up €11,267 (+18.2%), from €62,026 to €73,292
- Financial income +€5,769
up €5,769 (+136.6%), from €4,224 to €9,992
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 | €1,259,262 | €1,493,691 | +€234,429 | +18.6% |
| Fixed assets | 21/28 | €1,019,960 | €1,068,313 | +€48,353 | +4.7% |
| Tangible fixed assets | 22/27 | - | €48,353 | +€48,353 | |
| Furniture and vehicles | 24 | - | €48,353 | +€48,353 | |
| Financial fixed assets | 28 | €1,019,960 | €1,019,960 | = | 0.0% |
| Current assets | 29/58 | €239,302 | €425,378 | +€186,076 | +77.8% |
| Amounts receivable within one year | 40/41 | €191,989 | €350,348 | +€158,359 | +82.5% |
| Trade receivables | 40 | €7,921 | €0 | -€7,921 | -100.0% |
| Other amounts receivable | 41 | €184,068 | €350,348 | +€166,280 | +90.3% |
| Current investments | 50/53 | €16,508 | €16,508 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,685 | €3,811 | -€3,874 | -50.4% |
| Deferred charges and accrued income | 490/1 | €23,120 | €54,710 | +€31,590 | +136.6% |
| Total equity and liabilities | 10/49 | €1,259,262 | €1,493,691 | +€234,429 | +18.6% |
| Equity | 10/15 | €244,968 | €412,868 | +€167,900 | +68.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €238,768 | €406,668 | +€167,900 | +70.3% |
| Amounts payable | 17/49 | €1,014,294 | €1,080,823 | +€66,529 | +6.6% |
| Amounts payable after more than one year | 17 | €837,211 | €818,875 | -€18,336 | -2.2% |
| Financial debts | 170/4 | €837,211 | €818,875 | -€18,336 | -2.2% |
| Amounts payable within one year | 42/48 | €177,083 | €261,948 | +€84,865 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | €44,875 | €61,289 | +€16,414 | +36.6% |
| Trade debts | 44 | €0 | €21,670 | +€21,670 | |
| Suppliers | 440/4 | €0 | €21,670 | +€21,670 | |
| Taxes, remuneration and social security | 45 | €93,887 | €134,044 | +€40,156 | +42.8% |
| Taxes | 450/3 | €93,887 | €134,044 | +€40,156 | +42.8% |
| Other amounts payable | 47/48 | €38,321 | €44,946 | +€6,625 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,346 | +€1,346 | |
| Other operating charges | 640/8 | €1,018 | €26,037 | +€25,019 | +2457.2% |
| Gross operating margin | 9900 | €234,729 | €276,784 | +€42,056 | +17.9% |
| Operating profit (loss) | 9901 | €233,711 | €249,401 | +€15,691 | +6.7% |
| Financial income | 75/76B | €4,224 | €9,992 | +€5,769 | +136.6% |
| Recurring financial income | 75 | €4,224 | €9,992 | +€5,769 | +136.6% |
| Financial charges | 65/66B | €17,571 | €18,201 | +€631 | +3.6% |
| Recurring financial charges | 65 | €17,571 | €18,201 | +€631 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €220,364 | €241,192 | +€20,828 | +9.5% |
| Income taxes | 67/77 | €62,026 | €73,292 | +€11,267 | +18.2% |
| Profit (loss) for the period | 9904 | €158,338 | €167,900 | +€9,562 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €158,338 | €167,900 | +€9,562 | +6.0% |
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 5 October 2026 via checked.be.