THE 5 SENSES: 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.
THE 5 SENSES
Largest movements
- Cash -€69,601
down €69,601 (-96.2%), from €72,365 to €2,764
mainly Net result for the year (-€73,819) and Investment in fixed assets (net) (-€49,214)
- Tangible fixed assets +€26,331
up €26,331 (+149%), from €17,716 to €44,047
of which Furniture and vehicles: +€26,937
- Receivables within one year -€14,029
down €14,029 (-87.0%), from €16,124 to €2,095
of which Other amounts receivable: -€9,635
- Profit (loss) carried forward -€73,819
down €73,819 (-40.2%), from -€183,579 to -€257,399
- Other debts +€20,863
up €20,863 (+9.7%), from €215,971 to €236,835
- Tax, wage and social debts -€8,146
down €8,146 (-12.5%), from €64,951 to €56,806
of which Taxes: -€7,049
- Trade debts +€3,646
up €3,646 (+176%), from €2,078 to €5,724
- Gross operating margin -€84,268
down €84,268, from €42,853 to -€41,415
- Depreciation +€12,302
up €12,302 (+116%), from €10,580 to €22,882
- Staff costs -€8,336
down €8,336 (-48.5%), from €17,189 to €8,853
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 | €107,521 | €50,289 | -€57,231 | -53.2% |
| Fixed assets | 21/28 | €17,966 | €44,297 | +€26,331 | +147% |
| Tangible fixed assets | 22/27 | €17,716 | €44,047 | +€26,331 | +149% |
| Plant, machinery and equipment | 23 | €1,886 | €1,280 | -€606 | -32.1% |
| Furniture and vehicles | 24 | €15,830 | €42,767 | +€26,937 | +170% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €89,555 | €5,993 | -€83,562 | -93.3% |
| Amounts receivable within one year | 40/41 | €16,124 | €2,095 | -€14,029 | -87.0% |
| Trade receivables | 40 | €6,124 | €1,730 | -€4,394 | -71.8% |
| Other amounts receivable | 41 | €10,000 | €365 | -€9,635 | -96.3% |
| Cash at bank and in hand | 54/58 | €72,365 | €2,764 | -€69,601 | -96.2% |
| Deferred charges and accrued income | 490/1 | €1,066 | €1,134 | +€67 | +6.3% |
| Total equity and liabilities | 10/49 | €107,521 | €50,289 | -€57,231 | -53.2% |
| Equity | 10/15 | -€175,479 | -€249,299 | -€73,819 | -42.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,579 | -€257,399 | -€73,819 | -40.2% |
| Amounts payable | 17/49 | €283,000 | €299,588 | +€16,588 | +5.9% |
| Amounts payable within one year | 42/48 | €283,000 | €299,588 | +€16,588 | +5.9% |
| Trade debts | 44 | €2,078 | €5,724 | +€3,646 | +176% |
| Suppliers | 440/4 | €2,078 | €5,724 | +€3,646 | +176% |
| Advances received on contracts in progress | 46 | - | €224 | +€224 | |
| Taxes, remuneration and social security | 45 | €64,951 | €56,806 | -€8,146 | -12.5% |
| Taxes | 450/3 | €7,176 | €128 | -€7,049 | -98.2% |
| Remuneration and social security | 454/9 | €57,775 | €56,678 | -€1,097 | -1.9% |
| Other amounts payable | 47/48 | €215,971 | €236,835 | +€20,863 | +9.7% |
| Remuneration, social security and pensions | 62 | €17,189 | €8,853 | -€8,336 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,580 | €22,882 | +€12,302 | +116% |
| Other operating charges | 640/8 | €606 | €454 | -€152 | -25.1% |
| Gross operating margin | 9900 | €42,853 | -€41,415 | -€84,268 | |
| Operating profit (loss) | 9901 | €14,478 | -€73,605 | -€88,083 | |
| Financial income | 75/76B | €1 | €1 | +€0 | +64.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +64.0% |
| Financial charges | 65/66B | €49 | €88 | +€38 | +77.5% |
| Recurring financial charges | 65 | €49 | €88 | +€38 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | €14,429 | -€73,692 | -€88,121 | |
| Income taxes | 67/77 | €343 | €128 | -€216 | -62.8% |
| Profit (loss) for the period | 9904 | €14,086 | -€73,819 | -€87,905 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,086 | -€73,819 | -€87,905 |
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 20 October 2026 via checked.be.