THE ONE: 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.
THE ONE
Largest movements
- Receivables within one year -€14,516
down €14,516 (-30.7%), from €47,235 to €32,719
of which Trade receivables: -€7,457
- Tangible fixed assets -€11,594
down €11,594 (-52.3%), from €22,154 to €10,560
- Cash +€9,210
up €9,210 (+24.6%), from €37,373 to €46,584
mainly Receivables within one year (+€14,516) and Depreciation (+€11,594)
- Profit (loss) carried forward -€13,086
down €13,086 (-18.7%), from €69,810 to €56,724
- Tax, wage and social debts -€5,395
down €5,395 (-61.4%), from €8,780 to €3,385
of which Taxes: -€8,322
- Other debts +€3,991
up €3,991 (+47.4%), from €8,424 to €12,415
- Trade debts -€3,189
down €3,189 (-20.5%), from €15,548 to €12,359
- Gross operating margin -€39,161
down €39,161 (-92.6%), from €42,285 to €3,123
- Taxes -€12,246
down €12,246 (-96.2%), from €12,733 to €487
- Depreciation +€1,506
up €1,506 (+14.9%), from €10,088 to €11,594
- Financial charges -€724
down €724 (-78.5%), from €923 to €198
of which Non-recurring financial charges: -€745
- Staff costs +€460
up €460 (+86.4%), from €532 to €991
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 | €107,541 | €89,862 | -€17,678 | -16.4% |
| Fixed assets | 21/28 | €22,154 | €10,560 | -€11,594 | -52.3% |
| Tangible fixed assets | 22/27 | €22,154 | €10,560 | -€11,594 | -52.3% |
| Furniture and vehicles | 24 | €22,154 | €10,560 | -€11,594 | -52.3% |
| Current assets | 29/58 | €85,387 | €79,302 | -€6,084 | -7.1% |
| Amounts receivable within one year | 40/41 | €47,235 | €32,719 | -€14,516 | -30.7% |
| Trade receivables | 40 | €15,107 | €7,650 | -€7,457 | -49.4% |
| Other amounts receivable | 41 | €32,128 | €25,069 | -€7,059 | -22.0% |
| Cash at bank and in hand | 54/58 | €37,373 | €46,584 | +€9,210 | +24.6% |
| Deferred charges and accrued income | 490/1 | €778 | - | -€778 | |
| Total equity and liabilities | 10/49 | €107,541 | €89,862 | -€17,678 | -16.4% |
| Equity | 10/15 | €74,790 | €61,704 | -€13,086 | -17.5% |
| Contributions | 10/11 | €4,841 | €4,841 | = | 0.0% |
| Reserves | 13 | €139 | €139 | = | 0.0% |
| Non-distributable reserves | 130/1 | €139 | €139 | = | 0.0% |
| Reserves not available under the articles | 1311 | €139 | €139 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,810 | €56,724 | -€13,086 | -18.7% |
| Amounts payable | 17/49 | €32,751 | €28,158 | -€4,593 | -14.0% |
| Amounts payable within one year | 42/48 | €32,751 | €28,158 | -€4,593 | -14.0% |
| Trade debts | 44 | €15,548 | €12,359 | -€3,189 | -20.5% |
| Suppliers | 440/4 | €15,548 | €12,359 | -€3,189 | -20.5% |
| Taxes, remuneration and social security | 45 | €8,780 | €3,385 | -€5,395 | -61.4% |
| Taxes | 450/3 | €8,743 | €421 | -€8,322 | -95.2% |
| Remuneration and social security | 454/9 | €37 | €2,964 | +€2,927 | +7912.9% |
| Other amounts payable | 47/48 | €8,424 | €12,415 | +€3,991 | +47.4% |
| Remuneration, social security and pensions | 62 | €532 | €991 | +€460 | +86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,088 | €11,594 | +€1,506 | +14.9% |
| Other operating charges | 640/8 | €2,559 | €2,938 | +€379 | +14.8% |
| Gross operating margin | 9900 | €42,285 | €3,123 | -€39,161 | -92.6% |
| Operating profit (loss) | 9901 | €29,106 | -€12,400 | -€41,506 | |
| Financial charges | 65/66B | €923 | €198 | -€724 | -78.5% |
| Recurring financial charges | 65 | €178 | €198 | +€21 | +11.7% |
| Non-recurring financial charges | 66B | €745 | - | -€745 | |
| Profit (loss) for the period before taxes | 9903 | €28,183 | -€12,598 | -€40,782 | |
| Income taxes | 67/77 | €12,733 | €487 | -€12,246 | -96.2% |
| Profit (loss) for the period | 9904 | €15,450 | -€13,086 | -€28,536 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,450 | -€13,086 | -€28,536 |
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 30 September 2026 via checked.be.