Still Different: 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.
Still Different
Largest movements
- Receivables within one year +€19,976
up €19,976 (+24.2%), from €82,414 to €102,390
of which Trade receivables: +€18,515
- Cash +€16,216
up €16,216 (+769%), from €2,110 to €18,326
mainly Net result for the year (+€36,314) and Tax, wage and social debts (+€10,313)
- Reserves +€36,314
up €36,314 (+89.8%), from €40,428 to €76,742
- Short-term financial debts -€14,786
no longer reported in 2024 (was €14,786)
- Tax, wage and social debts +€10,313
up €10,313 (+59.8%), from €17,247 to €27,560
- Trade debts +€3,261
up €3,261 (+31.9%), from €10,236 to €13,497
- Gross operating margin +€32,743
up €32,743 (+118%), from €27,857 to €60,599
- Taxes +€13,112
up €13,112 (+186%), from €7,054 to €20,166
- Financial charges -€3,642
down €3,642 (-63.2%), from €5,760 to €2,118
- Other operating charges +€729
up €729 (+159%), from €460 to €1,188
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 | €88,897 | €123,999 | +€35,102 | +39.5% |
| Fixed assets | 21/28 | €4,193 | €3,283 | -€911 | -21.7% |
| Tangible fixed assets | 22/27 | €4,193 | €3,283 | -€911 | -21.7% |
| Plant, machinery and equipment | 23 | €2,388 | €1,794 | -€594 | -24.9% |
| Furniture and vehicles | 24 | €1,806 | €1,488 | -€317 | -17.6% |
| Current assets | 29/58 | €84,704 | €120,716 | +€36,013 | +42.5% |
| Amounts receivable within one year | 40/41 | €82,414 | €102,390 | +€19,976 | +24.2% |
| Trade receivables | 40 | €65,921 | €84,436 | +€18,515 | +28.1% |
| Other amounts receivable | 41 | €16,493 | €17,954 | +€1,461 | +8.9% |
| Cash at bank and in hand | 54/58 | €2,110 | €18,326 | +€16,216 | +769% |
| Deferred charges and accrued income | 490/1 | €180 | - | -€180 | |
| Total equity and liabilities | 10/49 | €88,897 | €123,999 | +€35,102 | +39.5% |
| Equity | 10/15 | €41,628 | €77,942 | +€36,314 | +87.2% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €40,428 | €76,742 | +€36,314 | +89.8% |
| Distributable reserves | 133 | €40,428 | €76,742 | +€36,314 | +89.8% |
| Amounts payable | 17/49 | €47,269 | €46,056 | -€1,212 | -2.6% |
| Amounts payable within one year | 42/48 | €47,269 | €46,056 | -€1,212 | -2.6% |
| Financial debts | 43 | €14,786 | - | -€14,786 | |
| Credit institutions | 430/8 | €14,786 | - | -€14,786 | |
| Trade debts | 44 | €10,236 | €13,497 | +€3,261 | +31.9% |
| Suppliers | 440/4 | €10,236 | €13,497 | +€3,261 | +31.9% |
| Taxes, remuneration and social security | 45 | €17,247 | €27,560 | +€10,313 | +59.8% |
| Taxes | 450/3 | €17,247 | €27,560 | +€10,313 | +59.8% |
| Other amounts payable | 47/48 | €5,000 | €5,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €64 | €290 | +€226 | +356% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,789 | €1,555 | -€235 | -13.1% |
| Other operating charges | 640/8 | €460 | €1,188 | +€729 | +159% |
| Gross operating margin | 9900 | €27,857 | €60,599 | +€32,743 | +118% |
| Operating profit (loss) | 9901 | €25,544 | €57,566 | +€32,022 | +125% |
| Financial income | 75/76B | €708 | €1,032 | +€324 | +45.8% |
| Recurring financial income | 75 | €708 | €1,032 | +€324 | +45.8% |
| Financial charges | 65/66B | €5,760 | €2,118 | -€3,642 | -63.2% |
| Recurring financial charges | 65 | €5,760 | €2,118 | -€3,642 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €20,492 | €56,480 | +€35,989 | +176% |
| Income taxes | 67/77 | €7,054 | €20,166 | +€13,112 | +186% |
| Profit (loss) for the period | 9904 | €13,438 | €36,314 | +€22,876 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €13,438 | €36,314 | +€22,876 | +170% |
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 15 October 2026 via checked.be.