T-ACCOUNTING: 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.
T-ACCOUNTING
Largest movements
- Receivables within one year +€19,021
up €19,021 (+5.5%), from €348,105 to €367,126
of which Trade receivables: +€17,904
- Cash -€16,689
down €16,689 (-98.5%), from €16,947 to €258
mainly Receivables within one year (-€19,021) and Other debts (-€11,839)
- Tangible fixed assets -€4,407
down €4,407 (-28.6%), from €15,420 to €11,013
of which Other tangible fixed assets: -€3,316
- Other debts -€11,839
no longer reported in 2024 (was €11,839)
- Debts after one year +€11,734
up €11,734 (+9.4%), from €124,346 to €136,080
- Staff costs +€10,277
up €10,277 (+12.6%), from €81,631 to €91,908
- Taxes -€4,691
down €4,691 (-69.8%), from €6,719 to €2,028
- Depreciation -€1,588
down €1,588 (-26.5%), from €5,995 to €4,407
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 | €381,717 | €378,485 | -€3,232 | -0.8% |
| Fixed assets | 21/28 | €15,420 | €11,013 | -€4,407 | -28.6% |
| Tangible fixed assets | 22/27 | €15,420 | €11,013 | -€4,407 | -28.6% |
| Plant, machinery and equipment | 23 | €8,186 | €7,330 | -€856 | -10.5% |
| Furniture and vehicles | 24 | €462 | €227 | -€235 | -50.9% |
| Other tangible fixed assets | 26 | €6,772 | €3,455 | -€3,316 | -49.0% |
| Current assets | 29/58 | €366,296 | €367,472 | +€1,176 | +0.3% |
| Amounts receivable within one year | 40/41 | €348,105 | €367,126 | +€19,021 | +5.5% |
| Trade receivables | 40 | €344,750 | €362,654 | +€17,904 | +5.2% |
| Other amounts receivable | 41 | €3,355 | €4,472 | +€1,117 | +33.3% |
| Cash at bank and in hand | 54/58 | €16,947 | €258 | -€16,689 | -98.5% |
| Deferred charges and accrued income | 490/1 | €1,244 | €88 | -€1,156 | -92.9% |
| Total equity and liabilities | 10/49 | €381,717 | €378,485 | -€3,232 | -0.8% |
| Equity | 10/15 | €184,439 | €183,327 | -€1,113 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €165,815 | €164,705 | -€1,110 | -0.7% |
| Distributable reserves | 133 | €165,815 | €164,705 | -€1,110 | -0.7% |
| Profit (loss) carried forward | 14 | €24 | €22 | -€3 | -10.3% |
| Amounts payable | 17/49 | €197,277 | €195,158 | -€2,119 | -1.1% |
| Amounts payable after more than one year | 17 | €124,346 | €136,080 | +€11,734 | +9.4% |
| Other amounts payable | 178/9 | €124,346 | €136,080 | +€11,734 | +9.4% |
| Amounts payable within one year | 42/48 | €72,932 | €59,078 | -€13,853 | -19.0% |
| Financial debts | 43 | €1,450 | €1,635 | +€185 | +12.8% |
| Credit institutions | 430/8 | €1,450 | €1,635 | +€185 | +12.8% |
| Trade debts | 44 | €12,978 | €11,303 | -€1,675 | -12.9% |
| Suppliers | 440/4 | €12,978 | €11,303 | -€1,675 | -12.9% |
| Taxes, remuneration and social security | 45 | €46,665 | €46,140 | -€525 | -1.1% |
| Taxes | 450/3 | €30,927 | €27,690 | -€3,237 | -10.5% |
| Remuneration and social security | 454/9 | €15,738 | €18,450 | +€2,712 | +17.2% |
| Other amounts payable | 47/48 | €11,839 | - | -€11,839 | |
| Remuneration, social security and pensions | 62 | €81,631 | €91,908 | +€10,277 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,995 | €4,407 | -€1,588 | -26.5% |
| Other operating charges | 640/8 | €1,663 | €681 | -€981 | -59.0% |
| Gross operating margin | 9900 | €98,316 | €98,447 | +€132 | +0.1% |
| Operating profit (loss) | 9901 | €9,027 | €1,451 | -€7,577 | -83.9% |
| Financial income | 75/76B | - | €795 | +€795 | |
| Recurring financial income | 75 | - | €795 | +€795 | |
| Financial charges | 65/66B | €2,182 | €1,330 | -€852 | -39.0% |
| Recurring financial charges | 65 | €2,182 | €1,330 | -€852 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €6,845 | €916 | -€5,930 | -86.6% |
| Income taxes | 67/77 | €6,719 | €2,028 | -€4,691 | -69.8% |
| Profit (loss) for the period | 9904 | €126 | -€1,113 | -€1,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €126 | -€1,113 | -€1,238 |
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 14 October 2026 via checked.be.