Targets Pro: 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.
Targets Pro
Largest movements
- Tangible fixed assets +€39,250
up €39,250 (+238.1%), from €16,482 to €55,732
of which Plant, machinery and equipment: +€35,582
- Receivables within one year +€27,706
up €27,706 (+460.3%), from €6,019 to €33,725
of which Other amounts receivable: +€24,337
- Intangible fixed assets +€9,167
new in 2024: €9,167
- Cash +€3,370
up €3,370 (+2356.4%), from €143 to €3,513
mainly Accrued charges and deferred income (+€37,283) and Debts after one year (+€17,644)
- Financial fixed assets +€2,144
up €2,144 (+28.6%), from €7,500 to €9,644
- Accrued charges and deferred income +€37,283
up €37,283 (+20837.9%), from €179 to €37,462
- Debts after one year +€17,644
up €17,644 (+199.5%), from €8,845 to €26,489
- Other debts +€10,923
up €10,923 (+86.7%), from €12,603 to €23,525
- Trade debts +€9,635
up €9,635 (+962.5%), from €1,001 to €10,636
- Current portion of long-term debt +€5,514
up €5,514 (+205.0%), from €2,690 to €8,205
- Gross operating margin +€15,102
up €15,102 (+1309.6%), from €1,153 to €16,255
- Depreciation +€9,054
up €9,054 (+242.4%), from €3,735 to €12,790
- Financial charges +€3,437
up €3,437 (+375.9%), from €914 to €4,352
- Other operating charges +€791
up €791 (+138.3%), from €572 to €1,363
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 | €30,144 | €113,277 | +€83,133 | +275.8% |
| Fixed assets | 21/28 | €23,982 | €74,543 | +€50,561 | +210.8% |
| Intangible fixed assets | 21 | - | €9,167 | +€9,167 | |
| Tangible fixed assets | 22/27 | €16,482 | €55,732 | +€39,250 | +238.1% |
| Land and buildings | 22 | €1,875 | €1,625 | -€250 | -13.3% |
| Plant, machinery and equipment | 23 | €1,231 | €36,813 | +€35,582 | +2890.0% |
| Furniture and vehicles | 24 | €310 | €110 | -€200 | -64.6% |
| Leasing and similar rights | 25 | €13,066 | €9,800 | -€3,267 | -25.0% |
| Other tangible fixed assets | 26 | - | €7,385 | +€7,385 | |
| Financial fixed assets | 28 | €7,500 | €9,644 | +€2,144 | +28.6% |
| Current assets | 29/58 | €6,162 | €38,734 | +€32,572 | +528.6% |
| Amounts receivable within one year | 40/41 | €6,019 | €33,725 | +€27,706 | +460.3% |
| Trade receivables | 40 | €1,682 | €5,051 | +€3,370 | +200.4% |
| Other amounts receivable | 41 | €4,337 | €28,674 | +€24,337 | +561.1% |
| Cash at bank and in hand | 54/58 | €143 | €3,513 | +€3,370 | +2356.4% |
| Deferred charges and accrued income | 490/1 | - | €1,496 | +€1,496 | |
| Total equity and liabilities | 10/49 | €30,144 | €113,277 | +€83,133 | +275.8% |
| Equity | 10/15 | €3,105 | €856 | -€2,249 | -72.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,100 | €6,100 | = | 0.0% |
| Distributable reserves | 133 | €6,100 | €6,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,995 | -€6,244 | -€2,249 | -56.3% |
| Amounts payable | 17/49 | €27,039 | €112,421 | +€85,382 | +315.8% |
| Amounts payable after more than one year | 17 | €8,845 | €26,489 | +€17,644 | +199.5% |
| Financial debts | 170/4 | €8,845 | €26,489 | +€17,644 | +199.5% |
| Amounts payable within one year | 42/48 | €18,016 | €48,470 | +€30,455 | +169.0% |
| Current portion of amounts payable after more than one year | 42 | €2,690 | €8,205 | +€5,514 | +205.0% |
| Trade debts | 44 | €1,001 | €10,636 | +€9,635 | +962.5% |
| Suppliers | 440/4 | €1,001 | €10,636 | +€9,635 | +962.5% |
| Advances received on contracts in progress | 46 | - | €1,517 | +€1,517 | |
| Taxes, remuneration and social security | 45 | €1,722 | €4,588 | +€2,866 | +166.5% |
| Taxes | 450/3 | €1,722 | €4,588 | +€2,866 | +166.5% |
| Other amounts payable | 47/48 | €12,603 | €23,525 | +€10,923 | +86.7% |
| Accrued charges and deferred income | 492/3 | €179 | €37,462 | +€37,283 | +20837.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,735 | €12,790 | +€9,054 | +242.4% |
| Other operating charges | 640/8 | €572 | €1,363 | +€791 | +138.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,153 | €16,255 | +€15,102 | +1309.6% |
| Operating profit (loss) | 9901 | -€3,154 | €2,103 | +€5,257 | |
| Financial charges | 65/66B | €914 | €4,352 | +€3,437 | +375.9% |
| Recurring financial charges | 65 | €914 | €4,352 | +€3,437 | +375.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,068 | -€2,249 | +€1,819 | +44.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,068 | -€2,249 | +€1,819 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,068 | -€2,249 | +€1,819 | +44.7% |
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 3 October 2026 via checked.be.