THE BRIDGE CONCEPT: 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 CONCEPT
Largest movements
- Receivables within one year +€18,296
up €18,296 (+256%), from €7,154 to €25,450
- Cash -€17,824
down €17,824 (-56.2%), from €31,740 to €13,916
mainly Net result for the year (-€25,450) and Receivables within one year (-€18,296)
- Profit (loss) carried forward +€64,185
no longer reported in 2024 (was -€64,185)
- Reserves -€64,095
down €64,095 (-60.3%), from €106,368 to €42,273
of which Distributable reserves: -€64,095
- Trade debts +€772
up €772 (+41.8%), from €1,844 to €2,616
- Purchases and services -€5,655
down €5,655 (-18.6%), from €30,357 to €24,702
- Gross operating margin +€3,980
up €3,980 (+13.9%), from -€28,683 to -€24,702
- Turnover -€1,675
down €1,675 (-100%), from €1,675 to €0
- Financial charges -€298
down €298 (-28.5%), from €1,047 to €748
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 | €62,627 | €63,489 | +€862 | +1.4% |
| Fixed assets | 21/28 | €7,500 | €7,500 | = | 0.0% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €55,127 | €55,989 | +€862 | +1.6% |
| Amounts receivable after more than one year | 29 | €12,572 | €12,962 | +€390 | +3.1% |
| Other amounts receivable | 291 | €12,572 | €12,962 | +€390 | +3.1% |
| Stocks and contracts in progress | 3 | €3,660 | €3,660 | = | 0.0% |
| Stocks | 30/36 | €3,660 | €3,660 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,154 | €25,450 | +€18,296 | +256% |
| Other amounts receivable | 41 | €7,154 | €25,450 | +€18,296 | +256% |
| Cash at bank and in hand | 54/58 | €31,740 | €13,916 | -€17,824 | -56.2% |
| Total equity and liabilities | 10/49 | €62,627 | €63,489 | +€862 | +1.4% |
| Equity | 10/15 | €60,782 | €60,873 | +€91 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,368 | €42,273 | -€64,095 | -60.3% |
| Non-distributable reserves | 130/1 | €2,857 | €2,857 | = | 0.0% |
| Legal reserve | 130 | €2,857 | €2,857 | = | 0.0% |
| Distributable reserves | 133 | €103,511 | €39,417 | -€64,095 | -61.9% |
| Profit (loss) carried forward | 14 | -€64,185 | - | +€64,185 | |
| Amounts payable | 17/49 | €1,844 | €2,616 | +€772 | +41.8% |
| Amounts payable within one year | 42/48 | €1,844 | €2,616 | +€772 | +41.8% |
| Trade debts | 44 | €1,844 | €2,616 | +€772 | +41.8% |
| Suppliers | 440/4 | €1,844 | €2,616 | +€772 | +41.8% |
| Turnover | 70 | €1,675 | €0 | -€1,675 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €30,357 | €24,702 | -€5,655 | -18.6% |
| Gross operating margin | 9900 | -€28,683 | -€24,702 | +€3,980 | +13.9% |
| Operating profit (loss) | 9901 | -€28,683 | -€24,702 | +€3,980 | +13.9% |
| Financial charges | 65/66B | €1,047 | €748 | -€298 | -28.5% |
| Recurring financial charges | 65 | €1,047 | €748 | -€298 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€29,729 | -€25,450 | +€4,279 | +14.4% |
| Profit (loss) for the period | 9904 | -€29,729 | -€25,450 | +€4,279 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,729 | -€25,450 | +€4,279 | +14.4% |
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 19 October 2026 via checked.be.