TACTIC: 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.
TACTIC
Largest movements
- Cash +€26,230
up €26,230 (+22.2%), from €118,360 to €144,590
mainly Deferred charges and accrued income (+€11,843) and Net result for the year (+€7,954)
- Deferred charges and accrued income -€11,843
down €11,843 (-59.2%), from €20,014 to €8,171
- Profit (loss) carried forward +€7,954
up €7,954 (+8.7%), from €91,480 to €99,434
- Trade debts +€4,829
up €4,829 (+161%), from €3,003 to €7,832
- Tax, wage and social debts +€2,825
up €2,825 (+341%), from €829 to €3,654
- Gross operating margin +€7,526
up €7,526 (+173%), from €4,361 to €11,887
- Taxes +€1,996
up €1,996 (+241%), from €829 to €2,825
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 | €185,914 | €202,000 | +€16,086 | +8.7% |
| Current assets | 29/58 | €185,914 | €202,000 | +€16,086 | +8.7% |
| Amounts receivable within one year | 40/41 | €47,540 | €49,239 | +€1,699 | +3.6% |
| Trade receivables | 40 | €47,540 | €49,239 | +€1,699 | +3.6% |
| Cash at bank and in hand | 54/58 | €118,360 | €144,590 | +€26,230 | +22.2% |
| Deferred charges and accrued income | 490/1 | €20,014 | €8,171 | -€11,843 | -59.2% |
| Total equity and liabilities | 10/49 | €185,914 | €202,000 | +€16,086 | +8.7% |
| Equity | 10/15 | €160,230 | €168,184 | +€7,954 | +5.0% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €6,250 | €6,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,480 | €99,434 | +€7,954 | +8.7% |
| Amounts payable | 17/49 | €25,684 | €33,816 | +€8,132 | +31.7% |
| Amounts payable within one year | 42/48 | €3,832 | €11,486 | +€7,654 | +200% |
| Trade debts | 44 | €3,003 | €7,832 | +€4,829 | +161% |
| Suppliers | 440/4 | €3,003 | €7,832 | +€4,829 | +161% |
| Taxes, remuneration and social security | 45 | €829 | €3,654 | +€2,825 | +341% |
| Taxes | 450/3 | €829 | €3,654 | +€2,825 | +341% |
| Accrued charges and deferred income | 492/3 | €21,852 | €22,330 | +€478 | +2.2% |
| Non-recurring operating income | 76A | €1,879 | €131 | -€1,748 | -93.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Non-recurring operating charges | 66A | - | €521 | +€521 | |
| Gross operating margin | 9900 | €4,361 | €11,887 | +€7,526 | +173% |
| Operating profit (loss) | 9901 | €3,977 | €10,979 | +€7,002 | +176% |
| Financial charges | 65/66B | €199 | €200 | +€1 | +0.5% |
| Recurring financial charges | 65 | €199 | €200 | +€1 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €3,778 | €10,779 | +€7,001 | +185% |
| Income taxes | 67/77 | €829 | €2,825 | +€1,996 | +241% |
| Profit (loss) for the period | 9904 | €2,949 | €7,954 | +€5,005 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €2,949 | €7,954 | +€5,005 | +170% |
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 13 October 2026 via checked.be.