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Two Way: 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.

What changed

Two Way

BE 0836.765.550
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€3,106
2023 · -€8,497+€5,391
Equity
-€38,206
2023 · -€35,101-€3,105
Cash
-
not filed
Balance sheet total
€243,210
2023 · €243,210

Largest movements

2023 to 2024
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Trade debts +€3,746

      up €3,746 (+243.2%), from €1,540 to €5,286

    • Profit (loss) carried forward -€3,105

      down €3,105 (-0.9%), from -€335,101 to -€338,206

    Income statement
    • Depreciation -€3,720

      down €3,720 (-100.0%), from €3,720 to €0

    • Gross operating margin +€1,606

      up €1,606 (+34.5%), from -€4,662 to -€3,056

    • Other operating charges -€65

      down €65 (-56.5%), from €115 to €50

    From the 2023 result to the 2024 result

    effect on the 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.

    Result 2023 -€8,497
    Gross operating margin +€1,606
    Depreciation +€3,720
    Other operating charges +€65
    Result 2024 -€3,106

    Cash bridge derived

    cash 2023 to 2024

    Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

    Every line side by side 26 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €243,210 €243,210 = 0.0%
    Current assets 29/58 €243,210 €243,210 = 0.0%
    Amounts receivable within one year 40/41 €243,210 €243,210 = 0.0%
    Trade receivables 40 €243,210 €243,210 = 0.0%
    Total equity and liabilities 10/49 €243,210 €243,210 = 0.0%
    Equity 10/15 -€35,101 -€38,206 -€3,105 -8.8%
    Contributions 10/11 €300,000 €300,000 = 0.0%
    Capital 10 €300,000 €300,000 = 0.0%
    Issued capital 100 €300,000 €300,000 = 0.0%
    Profit (loss) carried forward 14 -€335,101 -€338,206 -€3,105 -0.9%
    Amounts payable 17/49 €278,311 €281,416 +€3,105 +1.1%
    Amounts payable after more than one year 17 €250,000 €250,000 = 0.0%
    Other amounts payable 178/9 €250,000 €250,000 = 0.0%
    Amounts payable within one year 42/48 €28,311 €31,416 +€3,105 +11.0%
    Trade debts 44 €1,540 €5,286 +€3,746 +243.2%
    Suppliers 440/4 €1,540 €5,286 +€3,746 +243.2%
    Taxes, remuneration and social security 45 €294 €0 -€294 -100.0%
    Taxes 450/3 €294 €0 -€294 -100.0%
    Other amounts payable 47/48 €26,477 €26,131 -€346 -1.3%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,720 €0 -€3,720 -100.0%
    Other operating charges 640/8 €115 €50 -€65 -56.5%
    Gross operating margin 9900 -€4,662 -€3,056 +€1,606 +34.5%
    Operating profit (loss) 9901 -€8,497 -€3,106 +€5,391 +63.5%
    Profit (loss) for the period before taxes 9903 -€8,497 -€3,106 +€5,391 +63.5%
    Profit (loss) for the period 9904 -€8,497 -€3,106 +€5,391 +63.5%
    Profit (loss) for the period to be appropriated 9905 -€8,497 -€3,106 +€5,391 +63.5%

    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 12 October 2026 via checked.be.