Take: 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.
Take
Largest movements
- Receivables within one year +€262,652
up €262,652 (+15524.6%), from €1,692 to €264,344
of which Other amounts receivable: +€262,652
- Cash +€260,925
up €260,925 (+51192.8%), from €510 to €261,434
mainly Debts after one year (+€609,963) and Trade debts (+€56,217)
- Debts after one year +€609,963
up €609,963 (+14.9%), from €4.1m to €4.7m
- Profit (loss) carried forward -€163,514
down €163,514 (-311.7%), from -€52,464 to -€215,978
- Trade debts +€56,217
up €56,217 (+311.6%), from €18,040 to €74,257
of which Bills of exchange payable: +€53,594
- Financial charges +€94,796
up €94,796 (+105.2%), from €90,105 to €184,901
- Other operating charges +€32,559
up €32,559 (+14844.5%), from €219 to €32,778
- Gross operating margin +€18,396
up €18,396 (+51.9%), from €35,441 to €53,837
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 | €4,804,975 | €5,311,647 | +€506,673 | +10.5% |
| Fixed assets | 21/28 | €4,840 | - | -€4,840 | |
| Financial fixed assets | 28 | €4,840 | - | -€4,840 | |
| Current assets | 29/58 | €4,800,135 | €5,311,647 | +€511,513 | +10.7% |
| Stocks and contracts in progress | 3 | €4,797,933 | €4,785,870 | -€12,064 | -0.3% |
| Stocks | 30/36 | €4,797,933 | €4,785,870 | -€12,064 | -0.3% |
| Amounts receivable within one year | 40/41 | €1,692 | €264,344 | +€262,652 | +15524.6% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €1,692 | €264,344 | +€262,652 | +15524.6% |
| Cash at bank and in hand | 54/58 | €510 | €261,434 | +€260,925 | +51192.8% |
| Total equity and liabilities | 10/49 | €4,804,975 | €5,311,647 | +€506,673 | +10.5% |
| Equity | 10/15 | €109,840 | -€53,674 | -€163,514 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €156,104 | €156,104 | = | 0.0% |
| Distributable reserves | 133 | €156,104 | €156,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,464 | -€215,978 | -€163,514 | -311.7% |
| Amounts payable | 17/49 | €4,695,135 | €5,365,322 | +€670,187 | +14.3% |
| Amounts payable after more than one year | 17 | €4,104,021 | €4,713,984 | +€609,963 | +14.9% |
| Financial debts | 170/4 | €4,104,021 | €4,713,984 | +€609,963 | +14.9% |
| Amounts payable within one year | 42/48 | €591,113 | €651,337 | +€60,224 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €564,036 | €561,000 | -€3,036 | -0.5% |
| Trade debts | 44 | €18,040 | €74,257 | +€56,217 | +311.6% |
| Suppliers | 440/4 | €18,040 | €20,663 | +€2,623 | +14.5% |
| Bills of exchange payable | 441 | - | €53,594 | +€53,594 | |
| Taxes, remuneration and social security | 45 | €8,864 | - | -€8,864 | |
| Taxes | 450/3 | €4,864 | - | -€4,864 | |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €173 | €16,081 | +€15,908 | +9205.9% |
| Other operating charges | 640/8 | €219 | €32,778 | +€32,559 | +14844.5% |
| Gross operating margin | 9900 | €35,441 | €53,837 | +€18,396 | +51.9% |
| Operating profit (loss) | 9901 | €35,222 | €21,060 | -€14,163 | -40.2% |
| Financial income | 75/76B | €111 | €328 | +€217 | +194.9% |
| Recurring financial income | 75 | €111 | €328 | +€217 | +194.9% |
| Financial charges | 65/66B | €90,105 | €184,901 | +€94,796 | +105.2% |
| Recurring financial charges | 65 | €90,105 | €184,901 | +€94,796 | +105.2% |
| Profit (loss) for the period before taxes | 9903 | -€54,772 | -€163,514 | -€108,742 | -198.5% |
| Profit (loss) for the period | 9904 | -€54,772 | -€163,514 | -€108,742 | -198.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,772 | -€163,514 | -€108,742 | -198.5% |
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 6 October 2026 via checked.be.