SUCCEDO: 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.
SUCCEDO
Largest movements
- Cash -€271
down €271 (-85.9%), from €316 to €44
mainly Net result for the year (-€752) and Tax, wage and social debts (-€50)
- Profit (loss) carried forward -€752
down €752 (-0.7%), from -€111,023 to -€111,775
- Other debts +€500
up €500 (+1.2%), from €40,805 to €41,305
- Tax, wage and social debts -€50
no longer reported in 2024 (was €50)
- Trade debts +€30
up €30 (+6.3%), from €484 to €514
- Other operating charges +€60
up €60 (+32.8%), from €184 to €244
- Gross operating margin +€20
up €20 (+4.1%), from -€484 to -€464
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 | €316 | €44 | -€271 | -85.9% |
| Current assets | 29/58 | €316 | €44 | -€271 | -85.9% |
| Cash at bank and in hand | 54/58 | €316 | €44 | -€271 | -85.9% |
| Total equity and liabilities | 10/49 | €316 | €44 | -€271 | -85.9% |
| Equity | 10/15 | -€41,023 | -€41,775 | -€752 | -1.8% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,023 | -€111,775 | -€752 | -0.7% |
| Amounts payable | 17/49 | €41,339 | €41,819 | +€480 | +1.2% |
| Amounts payable within one year | 42/48 | €41,339 | €41,819 | +€480 | +1.2% |
| Trade debts | 44 | €484 | €514 | +€30 | +6.3% |
| Suppliers | 440/4 | €484 | €514 | +€30 | +6.3% |
| Taxes, remuneration and social security | 45 | €50 | - | -€50 | |
| Taxes | 450/3 | €50 | - | -€50 | |
| Other amounts payable | 47/48 | €40,805 | €41,305 | +€500 | +1.2% |
| Non-recurring operating income | 76A | - | €50 | +€50 | |
| Other operating charges | 640/8 | €184 | €244 | +€60 | +32.8% |
| Gross operating margin | 9900 | -€484 | -€464 | +€20 | +4.1% |
| Operating profit (loss) | 9901 | -€668 | -€708 | -€40 | -6.1% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€707 | -€752 | -€45 | -6.4% |
| Profit (loss) for the period | 9904 | -€707 | -€752 | -€45 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€707 | -€752 | -€45 | -6.4% |
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 2 October 2026 via checked.be.