The Record Man: 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 Record Man
Largest movements
- Intangible fixed assets +€18,438
up €18,438 (+440%), from €4,191 to €22,629
- Cash +€11,803
up €11,803 (+241%), from €4,904 to €16,707
mainly Other debts (+€35,516) and Depreciation (+€3,581)
- Receivables within one year -€2,549
no longer reported in 2024 (was €2,549)
- Other debts +€35,516
up €35,516 (+151%), from €23,514 to €59,030
- Profit (loss) carried forward -€7,085
down €7,085 (-58.1%), from -€12,187 to -€19,272
- Trade debts -€726
down €726 (-91.9%), from €790 to €64
- Depreciation +€2,179
up €2,179 (+155%), from €1,402 to €3,581
- Gross operating margin -€994
down €994 (-72.9%), from -€1,363 to -€2,356
- Financial charges +€352
up €352 (+155%), from €227 to €579
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 | €12,717 | €40,421 | +€27,704 | +218% |
| Fixed assets | 21/28 | €5,265 | €23,350 | +€18,085 | +344% |
| Intangible fixed assets | 21 | €4,191 | €22,629 | +€18,438 | +440% |
| Tangible fixed assets | 22/27 | €1,074 | €722 | -€353 | -32.8% |
| Plant, machinery and equipment | 23 | €1,074 | €722 | -€353 | -32.8% |
| Current assets | 29/58 | €7,452 | €17,071 | +€9,619 | +129% |
| Amounts receivable within one year | 40/41 | €2,549 | - | -€2,549 | |
| Other amounts receivable | 41 | €2,549 | - | -€2,549 | |
| Cash at bank and in hand | 54/58 | €4,904 | €16,707 | +€11,803 | +241% |
| Deferred charges and accrued income | 490/1 | - | €364 | +€364 | |
| Total equity and liabilities | 10/49 | €12,717 | €40,421 | +€27,704 | +218% |
| Equity | 10/15 | -€11,587 | -€18,672 | -€7,085 | -61.1% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,187 | -€19,272 | -€7,085 | -58.1% |
| Amounts payable | 17/49 | €24,304 | €59,093 | +€34,789 | +143% |
| Amounts payable within one year | 42/48 | €24,304 | €59,093 | +€34,789 | +143% |
| Trade debts | 44 | €790 | €64 | -€726 | -91.9% |
| Suppliers | 440/4 | €790 | €64 | -€726 | -91.9% |
| Other amounts payable | 47/48 | €23,514 | €59,030 | +€35,516 | +151% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,402 | €3,581 | +€2,179 | +155% |
| Other operating charges | 640/8 | €557 | €569 | +€12 | +2.2% |
| Gross operating margin | 9900 | -€1,363 | -€2,356 | -€994 | -72.9% |
| Operating profit (loss) | 9901 | -€3,322 | -€6,506 | -€3,184 | -95.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €227 | €579 | +€352 | +155% |
| Recurring financial charges | 65 | €227 | €579 | +€352 | +155% |
| Profit (loss) for the period before taxes | 9903 | -€3,549 | -€7,085 | -€3,537 | -99.7% |
| Profit (loss) for the period | 9904 | -€3,549 | -€7,085 | -€3,537 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,549 | -€7,085 | -€3,537 | -99.7% |
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 16 October 2026 via checked.be.