THE BRIDGE 2.0: 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 BRIDGE 2.0
Largest movements
- Intangible fixed assets -€5,000
down €5,000 (-80.5%), from €6,207 to €1,207
- Receivables within one year -€3,252
down €3,252 (-6.9%), from €46,828 to €43,576
of which Other amounts receivable: -€7,255
- Tangible fixed assets -€2,462
down €2,462 (-38.7%), from €6,354 to €3,892
of which Furniture and vehicles: -€1,362
- Cash +€2,393
up €2,393 (+29.5%), from €8,114 to €10,507
mainly Advances received (+€8,305) and Depreciation (+€7,462)
- Trade debts -€17,984
down €17,984 (-94.5%), from €19,035 to €1,051
- Advances received +€8,305
new in 2024: €8,305
- Tax, wage and social debts +€2,304
up €2,304 (+33.4%), from €6,908 to €9,213
of which Taxes: +€3,149
- Gross operating margin -€4,144
down €4,144 (-23.4%), from €17,691 to €13,547
- Taxes +€2,111
up €2,111 (+84.5%), from €2,500 to €4,611
- Financial charges +€1,543
up €1,543 (+758%), from €204 to €1,746
- Other operating charges -€1,420
down €1,420 (-88.0%), from €1,614 to €194
- Depreciation +€647
up €647 (+9.5%), from €6,815 to €7,462
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 | €68,224 | €60,203 | -€8,021 | -11.8% |
| Fixed assets | 21/28 | €13,281 | €6,119 | -€7,162 | -53.9% |
| Intangible fixed assets | 21 | €6,207 | €1,207 | -€5,000 | -80.5% |
| Tangible fixed assets | 22/27 | €6,354 | €3,892 | -€2,462 | -38.7% |
| Plant, machinery and equipment | 23 | €2,331 | €1,231 | -€1,100 | -47.2% |
| Furniture and vehicles | 24 | €4,023 | €2,661 | -€1,362 | -33.9% |
| Financial fixed assets | 28 | €720 | €1,020 | +€300 | +41.7% |
| Current assets | 29/58 | €54,943 | €54,084 | -€859 | -1.6% |
| Amounts receivable within one year | 40/41 | €46,828 | €43,576 | -€3,252 | -6.9% |
| Trade receivables | 40 | €6,383 | €10,386 | +€4,003 | +62.7% |
| Other amounts receivable | 41 | €40,445 | €33,191 | -€7,255 | -17.9% |
| Cash at bank and in hand | 54/58 | €8,114 | €10,507 | +€2,393 | +29.5% |
| Total equity and liabilities | 10/49 | €68,224 | €60,203 | -€8,021 | -11.8% |
| Equity | 10/15 | €42,101 | €41,634 | -€467 | -1.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,101 | €36,634 | -€467 | -1.3% |
| Amounts payable | 17/49 | €26,123 | €18,569 | -€7,554 | -28.9% |
| Amounts payable within one year | 42/48 | €25,943 | €18,569 | -€7,374 | -28.4% |
| Trade debts | 44 | €19,035 | €1,051 | -€17,984 | -94.5% |
| Suppliers | 440/4 | €19,035 | €1,051 | -€17,984 | -94.5% |
| Advances received on contracts in progress | 46 | - | €8,305 | +€8,305 | |
| Taxes, remuneration and social security | 45 | €6,908 | €9,213 | +€2,304 | +33.4% |
| Taxes | 450/3 | €6,064 | €9,213 | +€3,149 | +51.9% |
| Remuneration and social security | 454/9 | €845 | - | -€845 | |
| Accrued charges and deferred income | 492/3 | €180 | - | -€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,815 | €7,462 | +€647 | +9.5% |
| Other operating charges | 640/8 | €1,614 | €194 | -€1,420 | -88.0% |
| Gross operating margin | 9900 | €17,691 | €13,547 | -€4,144 | -23.4% |
| Operating profit (loss) | 9901 | €9,261 | €5,891 | -€3,370 | -36.4% |
| Financial charges | 65/66B | €204 | €1,746 | +€1,543 | +758% |
| Recurring financial charges | 65 | €204 | €1,746 | +€1,543 | +758% |
| Profit (loss) for the period before taxes | 9903 | €9,058 | €4,145 | -€4,913 | -54.2% |
| Income taxes | 67/77 | €2,500 | €4,611 | +€2,111 | +84.5% |
| Profit (loss) for the period | 9904 | €6,558 | -€467 | -€7,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,558 | -€467 | -€7,025 |
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 25 October 2026 via checked.be.