TO GO: 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.
TO GO
Largest movements
- Receivables after one year +€50,500
new in 2024: €50,500
- Receivables within one year -€42,932
down €42,932 (-56.6%), from €75,838 to €32,905
of which Other amounts receivable: -€56,542
- Intangible fixed assets +€39,200
new in 2024: €39,200
- Stocks and contracts +€4,874
new in 2024: €4,874
- Cash +€1,297
up €1,297 (+360%), from €360 to €1,657
mainly Debts after one year (+€138,000) and Receivables within one year (+€42,932)
- Other debts -€138,090
no longer reported in 2024 (was €138,090)
- Debts after one year +€138,000
new in 2024: €138,000
- Tax, wage and social debts +€37,974
up €37,974 (+4,834%), from €786 to €38,759
of which Remuneration and social security: +€29,284
- Trade debts +€28,921
up €28,921 (+1,060%), from €2,729 to €31,650
- Profit (loss) carried forward -€15,003
down €15,003 (-14.7%), from -€101,749 to -€116,752
- Turnover +€310,872
new in 2024: €310,872
- Gross operating margin +€197,982
up €197,982, from -€61,952 to €136,030
- Purchases and services +€179,675
new in 2024: €179,675
- Staff costs +€140,111
new in 2024: €140,111
- Financial income -€4,621
down €4,621 (-65.0%), from €7,108 to €2,487
of which Financial income: -€4,621
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 | €77,425 | €129,227 | +€51,802 | +66.9% |
| Fixed assets | 21/28 | €1,226 | €39,290 | +€38,064 | +3,103% |
| Intangible fixed assets | 21 | - | €39,200 | +€39,200 | |
| Tangible fixed assets | 22/27 | €1,136 | - | -€1,136 | |
| Furniture and vehicles | 24 | €1,136 | - | -€1,136 | |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €76,198 | €89,937 | +€13,738 | +18.0% |
| Amounts receivable after more than one year | 29 | - | €50,500 | +€50,500 | |
| Other amounts receivable | 291 | - | €50,500 | +€50,500 | |
| Stocks and contracts in progress | 3 | - | €4,874 | +€4,874 | |
| Stocks | 30/36 | - | €4,874 | +€4,874 | |
| Amounts receivable within one year | 40/41 | €75,838 | €32,905 | -€42,932 | -56.6% |
| Trade receivables | 40 | €7,500 | €21,110 | +€13,610 | +181% |
| Other amounts receivable | 41 | €68,338 | €11,796 | -€56,542 | -82.7% |
| Cash at bank and in hand | 54/58 | €360 | €1,657 | +€1,297 | +360% |
| Total equity and liabilities | 10/49 | €77,425 | €129,227 | +€51,802 | +66.9% |
| Equity | 10/15 | -€64,180 | -€79,183 | -€15,003 | -23.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,169 | €25,169 | = | 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% |
| Distributable reserves | 133 | €23,309 | €23,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,749 | -€116,752 | -€15,003 | -14.7% |
| Amounts payable | 17/49 | €141,605 | €208,409 | +€66,805 | +47.2% |
| Amounts payable after more than one year | 17 | - | €138,000 | +€138,000 | |
| Financial debts | 170/4 | - | €138,000 | +€138,000 | |
| Amounts payable within one year | 42/48 | €141,605 | €70,409 | -€71,195 | -50.3% |
| Trade debts | 44 | €2,729 | €31,650 | +€28,921 | +1,060% |
| Suppliers | 440/4 | €2,729 | €31,650 | +€28,921 | +1,060% |
| Taxes, remuneration and social security | 45 | €786 | €38,759 | +€37,974 | +4,834% |
| Taxes | 450/3 | €786 | €9,476 | +€8,690 | +1,106% |
| Remuneration and social security | 454/9 | - | €29,284 | +€29,284 | |
| Other amounts payable | 47/48 | €138,090 | - | -€138,090 | |
| Turnover | 70 | - | €310,872 | +€310,872 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €179,675 | +€179,675 | |
| Remuneration, social security and pensions | 62 | - | €140,111 | +€140,111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,444 | €3,936 | +€493 | +14.3% |
| Other operating charges | 640/8 | €334 | €316 | -€19 | -5.6% |
| Non-recurring operating charges | 66A | €7,634 | €8,598 | +€964 | +12.6% |
| Gross operating margin | 9900 | -€61,952 | €136,030 | +€197,982 | |
| Operating profit (loss) | 9901 | -€73,364 | -€16,931 | +€56,434 | +76.9% |
| Financial income | 75/76B | €7,108 | €2,487 | -€4,621 | -65.0% |
| Recurring financial income | 75 | €7,108 | €2,487 | -€4,621 | -65.0% |
| Non-recurring financial income | 76B | - | €2,487 | +€2,487 | |
| Financial charges | 65/66B | €382 | €559 | +€178 | +46.6% |
| Recurring financial charges | 65 | €382 | €559 | +€178 | +46.6% |
| Non-recurring financial charges | 66B | €382 | €559 | +€178 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | -€66,638 | -€15,003 | +€51,635 | +77.5% |
| Profit (loss) for the period | 9904 | -€66,638 | -€15,003 | +€51,635 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,638 | -€15,003 | +€51,635 | +77.5% |
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.