Str8forward: 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.
Str8forward
Largest movements
- Cash -€19,195
down €19,195 (-72.5%), from €26,465 to €7,269
mainly Net result for the year (-€17,124) and Tax, wage and social debts (-€9,016)
- Receivables within one year -€6,438
down €6,438 (-97.1%), from €6,629 to €191
of which Trade receivables: -€5,251
- Profit (loss) carried forward -€17,124
down €17,124 (-115.0%), from -€14,889 to -€32,013
- Tax, wage and social debts -€9,016
down €9,016 (-55.1%), from €16,353 to €7,337
of which Taxes: -€7,833
- Trade debts +€431
up €431 (+8.7%), from €4,955 to €5,386
- Gross operating margin -€34,673
down €34,673 (-91.2%), from €37,998 to €3,326
- Staff costs -€24,855
down €24,855 (-60.6%), from €41,043 to €16,189
- Other operating charges -€1,547
down €1,547 (-58.7%), from €2,636 to €1,089
- Taxes -€1,382
down €1,382 (-83.2%), from €1,660 to €278
- Financial charges +€658
up €658 (+27.1%), from €2,432 to €3,091
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 | €36,094 | €10,590 | -€25,504 | -70.7% |
| Fixed assets | 21/28 | €3,000 | €3,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €33,094 | €7,590 | -€25,504 | -77.1% |
| Amounts receivable within one year | 40/41 | €6,629 | €191 | -€6,438 | -97.1% |
| Trade receivables | 40 | €5,315 | €64 | -€5,251 | -98.8% |
| Other amounts receivable | 41 | €1,314 | €127 | -€1,187 | -90.3% |
| Cash at bank and in hand | 54/58 | €26,465 | €7,269 | -€19,195 | -72.5% |
| Deferred charges and accrued income | 490/1 | €0 | €129 | +€129 | |
| Total equity and liabilities | 10/49 | €36,094 | €10,590 | -€25,504 | -70.7% |
| Equity | 10/15 | -€10,277 | -€27,400 | -€17,124 | -166.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,612 | €1,612 | = | 0.0% |
| Distributable reserves | 133 | €1,612 | €1,612 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,889 | -€32,013 | -€17,124 | -115.0% |
| Amounts payable | 17/49 | €46,370 | €37,990 | -€8,380 | -18.1% |
| Amounts payable within one year | 42/48 | €46,370 | €37,990 | -€8,380 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 43 | - | €194 | +€194 | |
| Credit institutions | 430/8 | - | €194 | +€194 | |
| Trade debts | 44 | €4,955 | €5,386 | +€431 | +8.7% |
| Suppliers | 440/4 | €4,955 | €5,386 | +€431 | +8.7% |
| Taxes, remuneration and social security | 45 | €16,353 | €7,337 | -€9,016 | -55.1% |
| Taxes | 450/3 | €15,085 | €7,252 | -€7,833 | -51.9% |
| Remuneration and social security | 454/9 | €1,268 | €84 | -€1,183 | -93.4% |
| Other amounts payable | 47/48 | €62 | €74 | +€12 | +18.5% |
| Remuneration, social security and pensions | 62 | €41,043 | €16,189 | -€24,855 | -60.6% |
| Other operating charges | 640/8 | €2,636 | €1,089 | -€1,547 | -58.7% |
| Gross operating margin | 9900 | €37,998 | €3,326 | -€34,673 | -91.2% |
| Operating profit (loss) | 9901 | -€5,681 | -€13,952 | -€8,271 | -145.6% |
| Financial income | 75/76B | €94 | €197 | +€103 | +110.5% |
| Recurring financial income | 75 | €94 | €197 | +€103 | +110.5% |
| Financial charges | 65/66B | €2,432 | €3,091 | +€658 | +27.1% |
| Recurring financial charges | 65 | €2,432 | €3,091 | +€658 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,020 | -€16,845 | -€8,826 | -110.1% |
| Income taxes | 67/77 | €1,660 | €278 | -€1,382 | -83.2% |
| Profit (loss) for the period | 9904 | -€9,680 | -€17,124 | -€7,444 | -76.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,680 | -€17,124 | -€7,444 | -76.9% |
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 1 October 2026 via checked.be.