TOP FLAG: 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.
TOP FLAG
Largest movements
- Deferred charges and accrued income -€2,457
no longer reported in 2024 (was €2,457)
- Cash -€2,381
down €2,381 (-96.8%), from €2,461 to €80
mainly Net result for the year (-€19,519) and Other debts (-€1,548)
- Tangible fixed assets -€664
down €664 (-51.3%), from €1,294 to €630
of which Plant, machinery and equipment: -€365
- Receivables within one year +€283
up €283 (+1.3%), from €21,952 to €22,235
of which Trade receivables: +€4,275
- Profit (loss) carried forward -€19,519
down €19,519 (-44.7%), from -€43,646 to -€63,165
- Trade debts +€10,965
up €10,965 (+127.3%), from €8,617 to €19,581
- Tax, wage and social debts +€4,553
up €4,553 (+152.2%), from €2,992 to €7,546
of which Taxes: +€4,804
- Other debts -€1,548
down €1,548 (-4.3%), from €35,837 to €34,290
- Accrued charges and deferred income +€329
up €329 (+200.1%), from €164 to €494
- Purchases and services +€114,553
new in 2024: €114,553
- Turnover +€95,404
new in 2024: €95,404
- Staff costs -€28,326
no longer reported in 2024 (was €28,326)
- Gross operating margin -€7,186
down €7,186 (-79.0%), from -€9,100 to -€16,286
- Financial charges +€2,170
up €2,170 (+367.1%), from €591 to €2,762
of which Non-recurring financial charges: +€1,155
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 | €28,164 | €22,945 | -€5,219 | -18.5% |
| Fixed assets | 21/28 | €1,294 | €630 | -€664 | -51.3% |
| Tangible fixed assets | 22/27 | €1,294 | €630 | -€664 | -51.3% |
| Plant, machinery and equipment | 23 | €818 | €453 | -€365 | -44.6% |
| Furniture and vehicles | 24 | €477 | €177 | -€299 | -62.8% |
| Current assets | 29/58 | €26,870 | €22,315 | -€4,555 | -17.0% |
| Amounts receivable within one year | 40/41 | €21,952 | €22,235 | +€283 | +1.3% |
| Trade receivables | 40 | €6,340 | €10,615 | +€4,275 | +67.4% |
| Other amounts receivable | 41 | €15,612 | €11,620 | -€3,991 | -25.6% |
| Cash at bank and in hand | 54/58 | €2,461 | €80 | -€2,381 | -96.8% |
| Deferred charges and accrued income | 490/1 | €2,457 | - | -€2,457 | |
| Total equity and liabilities | 10/49 | €28,164 | €22,945 | -€5,219 | -18.5% |
| Equity | 10/15 | -€19,446 | -€38,965 | -€19,519 | -100.4% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €2,200 | €2,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,200 | €2,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,646 | -€63,165 | -€19,519 | -44.7% |
| Amounts payable | 17/49 | €47,611 | €61,910 | +€14,300 | +30.0% |
| Amounts payable within one year | 42/48 | €47,446 | €61,417 | +€13,970 | +29.4% |
| Trade debts | 44 | €8,617 | €19,581 | +€10,965 | +127.3% |
| Suppliers | 440/4 | €8,617 | €19,581 | +€10,965 | +127.3% |
| Taxes, remuneration and social security | 45 | €2,992 | €7,546 | +€4,553 | +152.2% |
| Taxes | 450/3 | €1,991 | €6,796 | +€4,804 | +241.2% |
| Remuneration and social security | 454/9 | €1,001 | €750 | -€251 | -25.1% |
| Other amounts payable | 47/48 | €35,837 | €34,290 | -€1,548 | -4.3% |
| Accrued charges and deferred income | 492/3 | €164 | €494 | +€329 | +200.1% |
| Turnover | 70 | - | €95,404 | +€95,404 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €114,553 | +€114,553 | |
| Remuneration, social security and pensions | 62 | €28,326 | - | -€28,326 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €790 | €664 | -€125 | -15.9% |
| Other operating charges | 640/8 | €294 | €687 | +€393 | +133.6% |
| Gross operating margin | 9900 | -€9,100 | -€16,286 | -€7,186 | -79.0% |
| Operating profit (loss) | 9901 | -€38,510 | -€17,638 | +€20,873 | +54.2% |
| Financial income | 75/76B | €516 | €881 | +€364 | +70.6% |
| Recurring financial income | 75 | €516 | €881 | +€364 | +70.6% |
| Non-recurring financial income | 76B | €516 | €881 | +€364 | +70.6% |
| Financial charges | 65/66B | €591 | €2,762 | +€2,170 | +367.1% |
| Recurring financial charges | 65 | €591 | €1,016 | +€424 | +71.8% |
| Non-recurring financial charges | 66B | €591 | €1,746 | +€1,155 | +195.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,585 | -€19,519 | +€19,067 | +49.4% |
| Income taxes | 67/77 | €339 | - | -€339 | |
| Profit (loss) for the period | 9904 | -€38,924 | -€19,519 | +€19,406 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,924 | -€19,519 | +€19,406 | +49.9% |
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 4 October 2026 via checked.be.