TRANSFORM HOME: 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.
TRANSFORM HOME
Largest movements
- Receivables within one year +€8,425
up €8,425 (+61.4%), from €13,719 to €22,143
of which Other amounts receivable: +€13,820
- Cash +€5,770
up €5,770 (+413.3%), from €1,396 to €7,166
mainly Accrued charges and deferred income (+€7,513) and Trade debts (+€6,164)
- Tangible fixed assets +€3,365
up €3,365 (+228.2%), from €1,474 to €4,839
of which Furniture and vehicles: +€1,881
- Accrued charges and deferred income +€7,513
up €7,513 (+2366.6%), from €317 to €7,831
- Trade debts +€6,164
up €6,164 (+63.7%), from €9,670 to €15,834
- Profit (loss) carried forward +€4,088
up €4,088 (+327.6%), from €1,248 to €5,335
- Tax, wage and social debts -€533
down €533 (-22.6%), from €2,354 to €1,821
- Gross operating margin +€4,320
up €4,320 (+151.4%), from €2,852 to €7,172
- Other operating charges +€1,546
new in 2024: €1,546
- Taxes +€893
up €893 (+192.5%), from €464 to €1,357
- Depreciation -€651
down €651 (-58.6%), from €1,112 to €461
- Financial income +€326
up €326 (+3257400.0%), from €0 to €326
of which Non-recurring financial income: +€326
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 | €16,589 | €34,149 | +€17,559 | +105.8% |
| Fixed assets | 21/28 | €1,474 | €4,839 | +€3,365 | +228.2% |
| Tangible fixed assets | 22/27 | €1,474 | €4,839 | +€3,365 | +228.2% |
| Plant, machinery and equipment | 23 | €1,474 | €2,958 | +€1,484 | +100.6% |
| Furniture and vehicles | 24 | - | €1,881 | +€1,881 | |
| Current assets | 29/58 | €15,115 | €29,310 | +€14,195 | +93.9% |
| Amounts receivable within one year | 40/41 | €13,719 | €22,143 | +€8,425 | +61.4% |
| Trade receivables | 40 | €8,252 | €2,856 | -€5,396 | -65.4% |
| Other amounts receivable | 41 | €5,467 | €19,287 | +€13,820 | +252.8% |
| Cash at bank and in hand | 54/58 | €1,396 | €7,166 | +€5,770 | +413.3% |
| Total equity and liabilities | 10/49 | €16,589 | €34,149 | +€17,559 | +105.8% |
| Equity | 10/15 | €4,248 | €8,335 | +€4,088 | +96.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,248 | €5,335 | +€4,088 | +327.6% |
| Amounts payable | 17/49 | €12,341 | €25,813 | +€13,472 | +109.2% |
| Amounts payable within one year | 42/48 | €12,024 | €17,983 | +€5,959 | +49.6% |
| Trade debts | 44 | €9,670 | €15,834 | +€6,164 | +63.7% |
| Suppliers | 440/4 | €9,670 | €15,834 | +€6,164 | +63.7% |
| Taxes, remuneration and social security | 45 | €2,354 | €1,821 | -€533 | -22.6% |
| Taxes | 450/3 | €2,354 | €1,821 | -€533 | -22.6% |
| Other amounts payable | 47/48 | - | €327 | +€327 | |
| Accrued charges and deferred income | 492/3 | €317 | €7,831 | +€7,513 | +2366.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,112 | €461 | -€651 | -58.6% |
| Other operating charges | 640/8 | - | €1,546 | +€1,546 | |
| Gross operating margin | 9900 | €2,852 | €7,172 | +€4,320 | +151.4% |
| Operating profit (loss) | 9901 | €1,740 | €5,166 | +€3,425 | +196.8% |
| Financial income | 75/76B | €0 | €326 | +€326 | +3257400.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Non-recurring financial income | 76B | - | €326 | +€326 | |
| Financial charges | 65/66B | €28 | €47 | +€18 | +64.3% |
| Recurring financial charges | 65 | €28 | €47 | +€18 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €1,712 | €5,445 | +€3,733 | +218.1% |
| Income taxes | 67/77 | €464 | €1,357 | +€893 | +192.5% |
| Profit (loss) for the period | 9904 | €1,248 | €4,088 | +€2,840 | +227.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,248 | €4,088 | +€2,840 | +227.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2023 and 31 May 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.