UNEXPECTED WORLD: 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.
UNEXPECTED WORLD
Largest movements
- Receivables within one year -€20,333
down €20,333 (-48.2%), from €42,161 to €21,827
of which Trade receivables: -€18,520
- Tangible fixed assets -€18,254
down €18,254 (-8.8%), from €208,605 to €190,351
of which Land and buildings: -€15,949
- Cash +€3,589
up €3,589 (+28.3%), from €12,664 to €16,253
- Debts after one year -€30,309
down €30,309 (-18.5%), from €164,217 to €133,907
- Trade debts -€7,932
down €7,932 (-68.6%), from €11,568 to €3,635
- Other operating charges +€5,469
up €5,469 (+252.7%), from €2,165 to €7,634
- Depreciation -€1,551
down €1,551 (-14.5%), from €10,702 to €9,151
- Gross operating margin -€1,222
down €1,222 (-5.1%), from €23,894 to €22,672
- Financial charges -€743
down €743 (-18.0%), from €4,128 to €3,385
- Taxes +€453
up €453 (+94.4%), from €480 to €933
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,889 | €228,561 | -€35,328 | -13.4% |
| Fixed assets | 21/28 | €208,605 | €190,351 | -€18,254 | -8.8% |
| Tangible fixed assets | 22/27 | €208,605 | €190,351 | -€18,254 | -8.8% |
| Land and buildings | 22 | €206,301 | €190,351 | -€15,949 | -7.7% |
| Furniture and vehicles | 24 | €2,305 | - | -€2,305 | |
| Current assets | 29/58 | €55,283 | €38,210 | -€17,074 | -30.9% |
| Amounts receivable within one year | 40/41 | €42,161 | €21,827 | -€20,333 | -48.2% |
| Trade receivables | 40 | €38,990 | €20,470 | -€18,520 | -47.5% |
| Other amounts receivable | 41 | €3,171 | €1,357 | -€1,813 | -57.2% |
| Cash at bank and in hand | 54/58 | €12,664 | €16,253 | +€3,589 | +28.3% |
| Deferred charges and accrued income | 490/1 | €459 | €130 | -€329 | -71.7% |
| Total equity and liabilities | 10/49 | €263,889 | €228,561 | -€35,328 | -13.4% |
| Equity | 10/15 | €78,593 | €78,807 | +€215 | +0.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,593 | €8,807 | +€215 | +2.5% |
| Amounts payable | 17/49 | €185,296 | €149,754 | -€35,543 | -19.2% |
| Amounts payable after more than one year | 17 | €164,217 | €133,907 | -€30,309 | -18.5% |
| Financial debts | 170/4 | €164,217 | €133,907 | -€30,309 | -18.5% |
| Amounts payable within one year | 42/48 | €21,080 | €15,847 | -€5,233 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €8,443 | €9,425 | +€982 | +11.6% |
| Trade debts | 44 | €11,568 | €3,635 | -€7,932 | -68.6% |
| Suppliers | 440/4 | €11,568 | €3,635 | -€7,932 | -68.6% |
| Taxes, remuneration and social security | 45 | €602 | €2,514 | +€1,912 | +317.8% |
| Taxes | 450/3 | €602 | €2,514 | +€1,912 | +317.8% |
| Other amounts payable | 47/48 | €467 | €272 | -€195 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,702 | €9,151 | -€1,551 | -14.5% |
| Other operating charges | 640/8 | €2,165 | €7,634 | +€5,469 | +252.7% |
| Gross operating margin | 9900 | €23,894 | €22,672 | -€1,222 | -5.1% |
| Operating profit (loss) | 9901 | €11,027 | €5,887 | -€5,140 | -46.6% |
| Financial income | 75/76B | €0 | €78 | +€78 | +779900.0% |
| Recurring financial income | 75 | €0 | €78 | +€78 | +779900.0% |
| Financial charges | 65/66B | €4,128 | €3,385 | -€743 | -18.0% |
| Recurring financial charges | 65 | €4,128 | €3,385 | -€743 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €6,899 | €2,580 | -€4,319 | -62.6% |
| Income taxes | 67/77 | €480 | €933 | +€453 | +94.4% |
| Profit (loss) for the period | 9904 | €6,419 | €1,647 | -€4,772 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,419 | €1,647 | -€4,772 | -74.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 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.