TABLE d'HO: 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.
TABLE d'HO
Largest movements
- Receivables within one year +€16,396
up €16,396 (+129.3%), from €12,681 to €29,077
of which Trade receivables: +€10,252
- Tangible fixed assets -€4,352
down €4,352 (-33.6%), from €12,960 to €8,608
of which Plant, machinery and equipment: -€2,624
- Cash +€1,131
up €1,131 (+6.9%), from €16,343 to €17,475
mainly Trade debts (+€10,887) and Depreciation (+€4,377)
- Deferred charges and accrued income -€1,125
down €1,125 (-29.8%), from €3,775 to €2,650
- Trade debts +€10,887
up €10,887 (+131.2%), from €8,301 to €19,188
- Debts after one year -€6,667
no longer reported in 2024 (was €6,667)
- Other debts -€5,324
down €5,324 (-70.9%), from €7,514 to €2,190
- Profit (loss) carried forward +€3,668
up €3,668 (+11.5%), from -€31,761 to -€28,093
- Tax, wage and social debts +€3,546
up €3,546 (+18.0%), from €19,727 to €23,273
of which Taxes: +€1,853
- Gross operating margin +€20,801
up €20,801 (+14.0%), from €149,068 to €169,869
- Staff costs +€9,315
up €9,315 (+6.9%), from €135,258 to €144,573
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 | €48,669 | €60,268 | +€11,599 | +23.8% |
| Fixed assets | 21/28 | €13,909 | €9,557 | -€4,352 | -31.3% |
| Tangible fixed assets | 22/27 | €12,960 | €8,608 | -€4,352 | -33.6% |
| Plant, machinery and equipment | 23 | €7,715 | €5,090 | -€2,624 | -34.0% |
| Furniture and vehicles | 24 | €42 | €2 | -€40 | -96.0% |
| Other tangible fixed assets | 26 | €5,204 | €3,516 | -€1,688 | -32.4% |
| Financial fixed assets | 28 | €949 | €949 | = | 0.0% |
| Current assets | 29/58 | €34,760 | €50,711 | +€15,952 | +45.9% |
| Stocks and contracts in progress | 3 | €1,961 | €1,510 | -€451 | -23.0% |
| Stocks | 30/36 | €1,961 | €1,510 | -€451 | -23.0% |
| Amounts receivable within one year | 40/41 | €12,681 | €29,077 | +€16,396 | +129.3% |
| Trade receivables | 40 | €8,851 | €19,102 | +€10,252 | +115.8% |
| Other amounts receivable | 41 | €3,830 | €9,974 | +€6,144 | +160.4% |
| Cash at bank and in hand | 54/58 | €16,343 | €17,475 | +€1,131 | +6.9% |
| Deferred charges and accrued income | 490/1 | €3,775 | €2,650 | -€1,125 | -29.8% |
| Total equity and liabilities | 10/49 | €48,669 | €60,268 | +€11,599 | +23.8% |
| Equity | 10/15 | €2,339 | €6,007 | +€3,668 | +156.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,500 | €15,500 | = | 0.0% |
| Distributable reserves | 133 | €15,500 | €15,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,761 | -€28,093 | +€3,668 | +11.5% |
| Amounts payable | 17/49 | €46,329 | €54,261 | +€7,932 | +17.1% |
| Amounts payable after more than one year | 17 | €6,667 | - | -€6,667 | |
| Financial debts | 170/4 | €6,667 | - | -€6,667 | |
| Amounts payable within one year | 42/48 | €39,663 | €50,961 | +€11,298 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €1,144 | - | -€1,144 | |
| Trade debts | 44 | €8,301 | €19,188 | +€10,887 | +131.2% |
| Suppliers | 440/4 | €8,301 | €19,188 | +€10,887 | +131.2% |
| Advances received on contracts in progress | 46 | €2,977 | €6,310 | +€3,332 | +111.9% |
| Taxes, remuneration and social security | 45 | €19,727 | €23,273 | +€3,546 | +18.0% |
| Taxes | 450/3 | €10,664 | €12,516 | +€1,853 | +17.4% |
| Remuneration and social security | 454/9 | €9,063 | €10,756 | +€1,694 | +18.7% |
| Other amounts payable | 47/48 | €7,514 | €2,190 | -€5,324 | -70.9% |
| Accrued charges and deferred income | 492/3 | - | €3,300 | +€3,300 | |
| Remuneration, social security and pensions | 62 | €135,258 | €144,573 | +€9,315 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,473 | €4,377 | -€1,096 | -20.0% |
| Other operating charges | 640/8 | €3,716 | €5,260 | +€1,544 | +41.5% |
| Gross operating margin | 9900 | €149,068 | €169,869 | +€20,801 | +14.0% |
| Operating profit (loss) | 9901 | €4,621 | €15,659 | +€11,039 | +238.9% |
| Financial income | 75/76B | €1 | €14 | +€14 | +2158.7% |
| Recurring financial income | 75 | €1 | €14 | +€14 | +2158.7% |
| Financial charges | 65/66B | €10,982 | €11,849 | +€867 | +7.9% |
| Recurring financial charges | 65 | €10,982 | €11,849 | +€867 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,361 | €3,824 | +€10,185 | |
| Income taxes | 67/77 | - | €157 | +€157 | |
| Profit (loss) for the period | 9904 | -€6,361 | €3,668 | +€10,028 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,361 | €3,668 | +€10,028 |
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 11 October 2026 via checked.be.