Trading 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.
Trading One
Largest movements
- Stocks and contracts +€10,143
up €10,143 (+39.0%), from €26,015 to €36,157
- Tangible fixed assets -€1,617
down €1,617 (-68.3%), from €2,368 to €751
of which Furniture and vehicles: -€1,116
- Other debts -€19,352
down €19,352 (-40.0%), from €48,426 to €29,074
- Profit (loss) carried forward +€17,671
up €17,671, from -€16,114 to €1,557
- Reserves +€5,345
up €5,345 (+336.5%), from €1,589 to €6,934
of which Distributable reserves: +€5,000
- Tax, wage and social debts +€3,548
up €3,548 (+187.8%), from €1,889 to €5,437
- Short-term financial debts +€1,881
up €1,881 (+85.4%), from €2,202 to €4,083
- Purchases and services +€61,442
up €61,442 (+36.9%), from €166,290 to €227,732
- Turnover +€60,872
up €60,872 (+27.7%), from €219,446 to €280,318
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 | €40,148 | €49,157 | +€9,009 | +22.4% |
| Fixed assets | 21/28 | €5,968 | €4,351 | -€1,617 | -27.1% |
| Tangible fixed assets | 22/27 | €2,368 | €751 | -€1,617 | -68.3% |
| Plant, machinery and equipment | 23 | €1,066 | €565 | -€501 | -47.0% |
| Furniture and vehicles | 24 | €1,302 | €186 | -€1,116 | -85.7% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €34,180 | €44,806 | +€10,626 | +31.1% |
| Stocks and contracts in progress | 3 | €26,015 | €36,157 | +€10,143 | +39.0% |
| Stocks | 30/36 | €26,015 | €36,157 | +€10,143 | +39.0% |
| Amounts receivable within one year | 40/41 | €2,084 | €2,538 | +€454 | +21.8% |
| Trade receivables | 40 | €2,084 | €1,586 | -€498 | -23.9% |
| Other amounts receivable | 41 | - | €952 | +€952 | |
| Cash at bank and in hand | 54/58 | €6,081 | €6,111 | +€30 | +0.5% |
| Total equity and liabilities | 10/49 | €40,148 | €49,157 | +€9,009 | +22.4% |
| Equity | 10/15 | -€12,526 | €10,491 | +€23,016 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €1,589 | €6,934 | +€5,345 | +336.5% |
| Non-distributable reserves | 130/1 | €89 | €434 | +€345 | +389.8% |
| Reserves not available under the articles | 1311 | €89 | €434 | +€345 | +389.8% |
| Distributable reserves | 133 | €1,500 | €6,500 | +€5,000 | +333.3% |
| Profit (loss) carried forward | 14 | -€16,114 | €1,557 | +€17,671 | |
| Amounts payable | 17/49 | €52,673 | €38,666 | -€14,007 | -26.6% |
| Amounts payable within one year | 42/48 | €52,673 | €38,666 | -€14,007 | -26.6% |
| Financial debts | 43 | €2,202 | €4,083 | +€1,881 | +85.4% |
| Credit institutions | 430/8 | €2,202 | €4,083 | +€1,881 | +85.4% |
| Advances received on contracts in progress | 46 | €156 | €72 | -€84 | -53.9% |
| Taxes, remuneration and social security | 45 | €1,889 | €5,437 | +€3,548 | +187.8% |
| Taxes | 450/3 | €1,889 | €5,437 | +€3,548 | +187.8% |
| Other amounts payable | 47/48 | €48,426 | €29,074 | -€19,352 | -40.0% |
| Turnover | 70 | €219,446 | €280,318 | +€60,872 | +27.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €166,290 | €227,732 | +€61,442 | +36.9% |
| Remuneration, social security and pensions | 62 | €24,799 | €24,000 | -€799 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €442 | €1,617 | +€1,176 | +266.2% |
| Other operating charges | 640/8 | €1,320 | €1,009 | -€311 | -23.6% |
| Non-recurring operating charges | 66A | - | €184 | +€184 | |
| Gross operating margin | 9900 | €53,156 | €52,587 | -€570 | -1.1% |
| Operating profit (loss) | 9901 | €26,596 | €25,776 | -€820 | -3.1% |
| Financial income | 75/76B | €9 | €18 | +€10 | +110.4% |
| Recurring financial income | 75 | €9 | €18 | +€10 | +110.4% |
| Financial charges | 65/66B | €164 | €75 | -€89 | -54.2% |
| Recurring financial charges | 65 | €164 | €75 | -€89 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €26,441 | €25,720 | -€721 | -2.7% |
| Income taxes | 67/77 | - | €2,703 | +€2,703 | |
| Profit (loss) for the period | 9904 | €26,441 | €23,016 | -€3,424 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,441 | €23,016 | -€3,424 | -13.0% |
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 6 October 2026 via checked.be.