SYNTAX: 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.
SYNTAX
Largest movements
- Receivables within one year +€24,832
up €24,832 (+50.3%), from €49,380 to €74,212
of which Other amounts receivable: +€18,611
- Tangible fixed assets -€6,397
down €6,397 (-24.8%), from €25,790 to €19,394
of which Furniture and vehicles: -€4,848
- Cash +€3,642
up €3,642 (+3.7%), from €97,896 to €101,538
mainly Net result for the year (+€18,280) and Tax, wage and social debts (+€10,402)
- Reserves +€18,280
up €18,280 (+21.7%), from €84,327 to €102,607
of which Distributable reserves: +€18,280
- Tax, wage and social debts +€10,402
up €10,402 (+31.7%), from €32,795 to €43,197
of which Taxes: +€10,402
- Debts after one year -€7,005
down €7,005 (-48.4%), from €14,469 to €7,464
- Other debts -€5,316
down €5,316 (-47.8%), from €11,125 to €5,809
- Trade debts +€5,284
up €5,284 (+29.3%), from €18,007 to €23,291
- Gross operating margin +€27,309
up €27,309 (+185.2%), from €14,743 to €42,052
- Taxes +€8,145
up €8,145 (+306.8%), from €2,655 to €10,800
- Depreciation +€3,835
up €3,835 (+149.7%), from €2,562 to €6,397
- Financial charges +€1,784
up €1,784 (+130.7%), from €1,365 to €3,149
- Other operating charges -€842
down €842 (-19.4%), from €4,351 to €3,509
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 | €175,417 | €197,495 | +€22,077 | +12.6% |
| Fixed assets | 21/28 | €25,790 | €19,394 | -€6,397 | -24.8% |
| Tangible fixed assets | 22/27 | €25,790 | €19,394 | -€6,397 | -24.8% |
| Plant, machinery and equipment | 23 | €2,106 | €558 | -€1,548 | -73.5% |
| Furniture and vehicles | 24 | €23,684 | €18,836 | -€4,848 | -20.5% |
| Current assets | 29/58 | €149,627 | €178,101 | +€28,474 | +19.0% |
| Stocks and contracts in progress | 3 | €2,351 | €2,351 | = | 0.0% |
| Stocks | 30/36 | €2,351 | €2,351 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,380 | €74,212 | +€24,832 | +50.3% |
| Trade receivables | 40 | €36,578 | €42,798 | +€6,221 | +17.0% |
| Other amounts receivable | 41 | €12,803 | €31,414 | +€18,611 | +145.4% |
| Cash at bank and in hand | 54/58 | €97,896 | €101,538 | +€3,642 | +3.7% |
| Total equity and liabilities | 10/49 | €175,417 | €197,495 | +€22,077 | +12.6% |
| Equity | 10/15 | €91,844 | €110,124 | +€18,280 | +19.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €84,327 | €102,607 | +€18,280 | +21.7% |
| Non-distributable reserves | 130/1 | €925 | €925 | = | 0.0% |
| Reserves not available under the articles | 1311 | €925 | €925 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,100 | €5,100 | = | 0.0% |
| Distributable reserves | 133 | €78,302 | €96,582 | +€18,280 | +23.3% |
| Profit (loss) carried forward | 14 | €1,317 | €1,317 | = | 0.0% |
| Amounts payable | 17/49 | €83,573 | €87,371 | +€3,798 | +4.5% |
| Amounts payable after more than one year | 17 | €14,469 | €7,464 | -€7,005 | -48.4% |
| Financial debts | 170/4 | €14,469 | €7,464 | -€7,005 | -48.4% |
| Amounts payable within one year | 42/48 | €68,499 | €79,302 | +€10,803 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €6,571 | €7,005 | +€434 | +6.6% |
| Trade debts | 44 | €18,007 | €23,291 | +€5,284 | +29.3% |
| Suppliers | 440/4 | €18,007 | €23,291 | +€5,284 | +29.3% |
| Taxes, remuneration and social security | 45 | €32,795 | €43,197 | +€10,402 | +31.7% |
| Taxes | 450/3 | €29,355 | €39,757 | +€10,402 | +35.4% |
| Remuneration and social security | 454/9 | €3,440 | €3,440 | = | 0.0% |
| Other amounts payable | 47/48 | €11,125 | €5,809 | -€5,316 | -47.8% |
| Accrued charges and deferred income | 492/3 | €605 | €605 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,562 | €6,397 | +€3,835 | +149.7% |
| Other operating charges | 640/8 | €4,351 | €3,509 | -€842 | -19.4% |
| Gross operating margin | 9900 | €14,743 | €42,052 | +€27,309 | +185.2% |
| Operating profit (loss) | 9901 | €7,831 | €32,147 | +€24,316 | +310.5% |
| Financial income | 75/76B | €16 | €82 | +€66 | +418.1% |
| Recurring financial income | 75 | €16 | €82 | +€66 | +418.1% |
| Financial charges | 65/66B | €1,365 | €3,149 | +€1,784 | +130.7% |
| Recurring financial charges | 65 | €1,365 | €3,149 | +€1,784 | +130.7% |
| Profit (loss) for the period before taxes | 9903 | €6,482 | €29,079 | +€22,598 | +348.7% |
| Income taxes | 67/77 | €2,655 | €10,800 | +€8,145 | +306.8% |
| Profit (loss) for the period | 9904 | €3,827 | €18,280 | +€14,453 | +377.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,827 | €18,280 | +€14,453 | +377.7% |
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 8 October 2026 via checked.be.