TREND-EVENTS: 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.
TREND-EVENTS
Largest movements
- Cash -€49,317
down €49,317 (-53.0%), from €93,102 to €43,785
mainly Trade debts (-€35,577) and Net result for the year (-€30,190)
- Tangible fixed assets -€22,450
down €22,450 (-32.7%), from €68,623 to €46,173
of which Other tangible fixed assets: -€11,690
- Stocks and contracts -€18,115
down €18,115 (-6.8%), from €268,000 to €249,885
- Deferred charges and accrued income +€7,896
up €7,896 (+21.8%), from €36,144 to €44,040
- Receivables within one year -€6,608
down €6,608 (-6.9%), from €95,980 to €89,372
of which Trade receivables: -€21,142
- Trade debts -€35,577
down €35,577 (-14.6%), from €243,457 to €207,880
- Profit (loss) carried forward -€30,190
down €30,190 (-75.7%), from €39,892 to €9,702
- Tax, wage and social debts -€10,184
down €10,184 (-22.2%), from €45,841 to €35,657
of which Taxes: -€6,580
- Current portion of long-term debt -€7,709
down €7,709 (-42.1%), from €18,324 to €10,615
- Depreciation -€26,345
down €26,345 (-51.7%), from €50,983 to €24,638
- Gross operating margin +€17,504
up €17,504 (+32.5%), from €53,895 to €71,399
- Taxes -€8,585
down €8,585 (-99.0%), from €8,672 to €87
- Financial income -€4,625
down €4,625 (-69.3%), from €6,674 to €2,050
- Staff costs -€2,741
down €2,741 (-3.6%), from €76,163 to €73,422
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 | €565,849 | €477,255 | -€88,594 | -15.7% |
| Fixed assets | 21/28 | €72,623 | €50,173 | -€22,450 | -30.9% |
| Tangible fixed assets | 22/27 | €68,623 | €46,173 | -€22,450 | -32.7% |
| Land and buildings | 22 | €1,800 | €1,200 | -€600 | -33.3% |
| Plant, machinery and equipment | 23 | €23,333 | €15,542 | -€7,791 | -33.4% |
| Furniture and vehicles | 24 | €9,886 | €7,517 | -€2,369 | -24.0% |
| Other tangible fixed assets | 26 | €33,604 | €21,913 | -€11,690 | -34.8% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €493,226 | €427,082 | -€66,144 | -13.4% |
| Stocks and contracts in progress | 3 | €268,000 | €249,885 | -€18,115 | -6.8% |
| Stocks | 30/36 | €268,000 | €249,885 | -€18,115 | -6.8% |
| Amounts receivable within one year | 40/41 | €95,980 | €89,372 | -€6,608 | -6.9% |
| Trade receivables | 40 | €43,631 | €22,489 | -€21,142 | -48.5% |
| Other amounts receivable | 41 | €52,348 | €66,883 | +€14,534 | +27.8% |
| Cash at bank and in hand | 54/58 | €93,102 | €43,785 | -€49,317 | -53.0% |
| Deferred charges and accrued income | 490/1 | €36,144 | €44,040 | +€7,896 | +21.8% |
| Total equity and liabilities | 10/49 | €565,849 | €477,255 | -€88,594 | -15.7% |
| Equity | 10/15 | €237,682 | €207,493 | -€30,190 | -12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €179,191 | €179,191 | = | 0.0% |
| Distributable reserves | 133 | €179,191 | €179,191 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,892 | €9,702 | -€30,190 | -75.7% |
| Amounts payable | 17/49 | €328,166 | €269,762 | -€58,405 | -17.8% |
| Amounts payable after more than one year | 17 | €14,200 | €8,952 | -€5,247 | -37.0% |
| Financial debts | 170/4 | €14,200 | €8,952 | -€5,247 | -37.0% |
| Amounts payable within one year | 42/48 | €313,967 | €260,809 | -€53,158 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €18,324 | €10,615 | -€7,709 | -42.1% |
| Trade debts | 44 | €243,457 | €207,880 | -€35,577 | -14.6% |
| Suppliers | 440/4 | €243,457 | €207,880 | -€35,577 | -14.6% |
| Taxes, remuneration and social security | 45 | €45,841 | €35,657 | -€10,184 | -22.2% |
| Taxes | 450/3 | €24,997 | €18,418 | -€6,580 | -26.3% |
| Remuneration and social security | 454/9 | €20,843 | €17,239 | -€3,604 | -17.3% |
| Other amounts payable | 47/48 | €6,345 | €6,657 | +€312 | +4.9% |
| Remuneration, social security and pensions | 62 | €76,163 | €73,422 | -€2,741 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,983 | €24,638 | -€26,345 | -51.7% |
| Other operating charges | 640/8 | €2,901 | €3,158 | +€257 | +8.9% |
| Gross operating margin | 9900 | €53,895 | €71,399 | +€17,504 | +32.5% |
| Operating profit (loss) | 9901 | -€76,152 | -€29,820 | +€46,332 | +60.8% |
| Financial income | 75/76B | €6,674 | €2,050 | -€4,625 | -69.3% |
| Recurring financial income | 75 | €6,674 | €2,050 | -€4,625 | -69.3% |
| Financial charges | 65/66B | €1,981 | €2,333 | +€352 | +17.7% |
| Recurring financial charges | 65 | €1,981 | €2,333 | +€352 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | -€71,458 | -€30,102 | +€41,356 | +57.9% |
| Income taxes | 67/77 | €8,672 | €87 | -€8,585 | -99.0% |
| Profit (loss) for the period | 9904 | -€80,130 | -€30,190 | +€49,941 | +62.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€80,130 | -€30,190 | +€49,941 | +62.3% |
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 17 October 2026 via checked.be.