THE MONDAY: 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 MONDAY
Largest movements
- Receivables within one year +€9,059
up €9,059 (+6.8%), from €132,434 to €141,493
of which Trade receivables: +€5,424
- Tangible fixed assets -€4,271
no longer reported in 2024 (was €4,271)
- Contributions +€12,200
up €12,200 (+191%), from €6,400 to €18,600
- Trade debts -€12,047
down €12,047 (-58.6%), from €20,552 to €8,505
- Profit (loss) carried forward -€5,195
down €5,195 (-8.4%), from €61,903 to €56,708
- Advances received +€5,000
up €5,000 (+500%), from €1,000 to €6,000
- Tax, wage and social debts +€2,732
new in 2024: €2,732
- Purchases and services +€13,498
up €13,498 (+9.6%), from €140,355 to €153,853
- Turnover +€4,845
up €4,845 (+3.3%), from €146,089 to €150,934
- Gross operating margin -€4,163
down €4,163 (-72.6%), from €5,733 to €1,570
- Depreciation -€3,637
down €3,637 (-46.0%), from €7,908 to €4,271
- Financial income -€2,660
down €2,660 (-72.1%), from €3,690 to €1,030
of which Non-recurring financial income: -€3,085
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 | €139,114 | €141,915 | +€2,801 | +2.0% |
| Fixed assets | 21/28 | €4,693 | €422 | -€4,271 | -91.0% |
| Tangible fixed assets | 22/27 | €4,271 | - | -€4,271 | |
| Furniture and vehicles | 24 | €4,271 | - | -€4,271 | |
| Financial fixed assets | 28 | €422 | €422 | = | 0.0% |
| Current assets | 29/58 | €134,421 | €141,493 | +€7,072 | +5.3% |
| Amounts receivable within one year | 40/41 | €132,434 | €141,493 | +€9,059 | +6.8% |
| Trade receivables | 40 | €70,676 | €76,100 | +€5,424 | +7.7% |
| Other amounts receivable | 41 | €61,758 | €65,393 | +€3,636 | +5.9% |
| Cash at bank and in hand | 54/58 | €688 | - | -€688 | |
| Deferred charges and accrued income | 490/1 | €1,299 | - | -€1,299 | |
| Total equity and liabilities | 10/49 | €139,114 | €141,915 | +€2,801 | +2.0% |
| Equity | 10/15 | €70,163 | €77,168 | +€7,005 | +10.0% |
| Contributions | 10/11 | €6,400 | €18,600 | +€12,200 | +191% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,903 | €56,708 | -€5,195 | -8.4% |
| Amounts payable | 17/49 | €68,951 | €64,747 | -€4,204 | -6.1% |
| Amounts payable within one year | 42/48 | €68,951 | €64,747 | -€4,204 | -6.1% |
| Financial debts | 43 | - | €272 | +€272 | |
| Credit institutions | 430/8 | - | €272 | +€272 | |
| Trade debts | 44 | €20,552 | €8,505 | -€12,047 | -58.6% |
| Suppliers | 440/4 | €20,552 | €8,505 | -€12,047 | -58.6% |
| Advances received on contracts in progress | 46 | €1,000 | €6,000 | +€5,000 | +500% |
| Taxes, remuneration and social security | 45 | - | €2,732 | +€2,732 | |
| Taxes | 450/3 | - | €2,732 | +€2,732 | |
| Other amounts payable | 47/48 | €47,399 | €47,238 | -€161 | -0.3% |
| Turnover | 70 | €146,089 | €150,934 | +€4,845 | +3.3% |
| Non-recurring operating income | 76A | - | €4,489 | +€4,489 | |
| Goods, raw materials, services and sundry goods | 60/61 | €140,355 | €153,853 | +€13,498 | +9.6% |
| Remuneration, social security and pensions | 62 | €1,853 | - | -€1,853 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,908 | €4,271 | -€3,637 | -46.0% |
| Other operating charges | 640/8 | €1,129 | €1,311 | +€182 | +16.1% |
| Non-recurring operating charges | 66A | - | €1,119 | +€1,119 | |
| Gross operating margin | 9900 | €5,733 | €1,570 | -€4,163 | -72.6% |
| Operating profit (loss) | 9901 | -€5,157 | -€5,130 | +€27 | +0.5% |
| Financial income | 75/76B | €3,690 | €1,030 | -€2,660 | -72.1% |
| Recurring financial income | 75 | €605 | €1,030 | +€425 | +70.3% |
| Non-recurring financial income | 76B | €3,085 | - | -€3,085 | |
| Financial charges | 65/66B | €1,297 | €835 | -€462 | -35.6% |
| Recurring financial charges | 65 | €600 | €835 | +€235 | +39.2% |
| Non-recurring financial charges | 66B | €697 | - | -€697 | |
| Profit (loss) for the period before taxes | 9903 | -€2,764 | -€4,936 | -€2,171 | -78.5% |
| Income taxes | 67/77 | €185 | €259 | +€74 | +39.9% |
| Profit (loss) for the period | 9904 | -€2,950 | -€5,195 | -€2,245 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,950 | -€5,195 | -€2,245 | -76.1% |
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 21 October 2026 via checked.be.