UP TILL DAWN: 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.
UP TILL DAWN
Largest movements
- Receivables within one year +€95,276
up €95,276 (+1,867%), from €5,102 to €100,378
of which Trade receivables: +€98,731
- Deferred charges and accrued income +€44,458
up €44,458 (+347%), from €12,816 to €57,273
- Stocks and contracts +€9,604
new in 2024: €9,604
- Tangible fixed assets -€4,351
down €4,351 (-22.4%), from €19,406 to €15,055
of which Furniture and vehicles: -€3,400
- Trade debts +€79,874
up €79,874 (+216%), from €36,964 to €116,839
- Profit (loss) carried forward +€31,691
up €31,691, from -€28,691 to €3,000
- Current portion of long-term debt +€25,329
up €25,329 (+458%), from €5,526 to €30,854
- Other debts +€8,452
up €8,452 (+44.2%), from €19,138 to €27,590
- Tax, wage and social debts +€7,304
up €7,304 (+42.2%), from €17,326 to €24,630
- Gross operating margin +€68,179
up €68,179, from -€19,696 to €48,483
- Other operating charges +€5,229
up €5,229 (+92.2%), from €5,672 to €10,901
- Depreciation +€2,002
up €2,002 (+85.2%), from €2,349 to €4,351
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 | €61,659 | €208,454 | +€146,795 | +238% |
| Fixed assets | 21/28 | €19,406 | €16,555 | -€2,851 | -14.7% |
| Tangible fixed assets | 22/27 | €19,406 | €15,055 | -€4,351 | -22.4% |
| Plant, machinery and equipment | 23 | €4,493 | €3,542 | -€951 | -21.2% |
| Furniture and vehicles | 24 | €14,913 | €11,513 | -€3,400 | -22.8% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €42,253 | €191,899 | +€149,646 | +354% |
| Stocks and contracts in progress | 3 | - | €9,604 | +€9,604 | |
| Stocks | 30/36 | - | €9,604 | +€9,604 | |
| Amounts receivable within one year | 40/41 | €5,102 | €100,378 | +€95,276 | +1,867% |
| Trade receivables | 40 | €1,647 | €100,378 | +€98,731 | +5,996% |
| Other amounts receivable | 41 | €3,456 | - | -€3,456 | |
| Cash at bank and in hand | 54/58 | €24,335 | €24,643 | +€308 | +1.3% |
| Deferred charges and accrued income | 490/1 | €12,816 | €57,273 | +€44,458 | +347% |
| Total equity and liabilities | 10/49 | €61,659 | €208,454 | +€146,795 | +238% |
| Equity | 10/15 | -€25,691 | €6,000 | +€31,691 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,691 | €3,000 | +€31,691 | |
| Amounts payable | 17/49 | €87,350 | €202,454 | +€115,104 | +132% |
| Amounts payable after more than one year | 17 | €8,395 | €2,541 | -€5,854 | -69.7% |
| Financial debts | 170/4 | €8,395 | €2,541 | -€5,854 | -69.7% |
| Amounts payable within one year | 42/48 | €78,954 | €199,913 | +€120,959 | +153% |
| Current portion of amounts payable after more than one year | 42 | €5,526 | €30,854 | +€25,329 | +458% |
| Trade debts | 44 | €36,964 | €116,839 | +€79,874 | +216% |
| Suppliers | 440/4 | €36,964 | €116,839 | +€79,874 | +216% |
| Taxes, remuneration and social security | 45 | €17,326 | €24,630 | +€7,304 | +42.2% |
| Taxes | 450/3 | €17,326 | €24,630 | +€7,304 | +42.2% |
| Other amounts payable | 47/48 | €19,138 | €27,590 | +€8,452 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,349 | €4,351 | +€2,002 | +85.2% |
| Other operating charges | 640/8 | €5,672 | €10,901 | +€5,229 | +92.2% |
| Gross operating margin | 9900 | -€19,696 | €48,483 | +€68,179 | |
| Operating profit (loss) | 9901 | -€27,718 | €33,231 | +€60,949 | |
| Financial income | 75/76B | €321 | €97 | -€224 | -69.7% |
| Recurring financial income | 75 | €321 | €97 | -€224 | -69.7% |
| Financial charges | 65/66B | €1,214 | €1,637 | +€424 | +34.9% |
| Recurring financial charges | 65 | €1,214 | €1,637 | +€424 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | -€28,610 | €31,691 | +€60,301 | |
| Income taxes | 67/77 | €81 | - | -€81 | |
| Profit (loss) for the period | 9904 | -€28,691 | €31,691 | +€60,382 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,691 | €31,691 | +€60,382 |
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 25 October 2026 via checked.be.