V-B: 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.
V-B
Largest movements
- Cash +€13,832
up €13,832 (+59.1%), from €23,396 to €37,228
mainly Net result for the year (+€9,029) and Depreciation (+€4,802)
- Tangible fixed assets -€4,803
down €4,803 (-50.0%), from €9,613 to €4,810
- Profit (loss) carried forward +€9,029
up €9,029 (+43.6%), from €20,729 to €29,758
- Gross operating margin +€8,192
up €8,192 (+15.3%), from €53,556 to €61,748
- Staff costs -€5,960
down €5,960 (-32.5%), from €18,348 to €12,388
- Other operating charges +€1,613
up €1,613 (+4.8%), from €33,871 to €35,484
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 | €46,193 | €55,222 | +€9,029 | +19.5% |
| Fixed assets | 21/28 | €9,613 | €4,810 | -€4,803 | -50.0% |
| Tangible fixed assets | 22/27 | €9,613 | €4,810 | -€4,803 | -50.0% |
| Furniture and vehicles | 24 | €9,613 | €4,810 | -€4,803 | -50.0% |
| Current assets | 29/58 | €36,580 | €50,412 | +€13,832 | +37.8% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Trade receivables | 290 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,184 | €3,184 | = | 0.0% |
| Other amounts receivable | 41 | €3,184 | €3,184 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,396 | €37,228 | +€13,832 | +59.1% |
| Total equity and liabilities | 10/49 | €46,193 | €55,222 | +€9,029 | +19.5% |
| Equity | 10/15 | €42,193 | €51,222 | +€9,029 | +21.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €9,064 | €9,064 | = | 0.0% |
| Distributable reserves | 133 | €9,064 | €9,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,729 | €29,758 | +€9,029 | +43.6% |
| Amounts payable | 17/49 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €18,348 | €12,388 | -€5,960 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,802 | €4,802 | = | 0.0% |
| Other operating charges | 640/8 | €33,871 | €35,484 | +€1,613 | +4.8% |
| Gross operating margin | 9900 | €53,556 | €61,748 | +€8,192 | +15.3% |
| Operating profit (loss) | 9901 | -€3,465 | €9,074 | +€12,539 | |
| Financial charges | 65/66B | €39 | €45 | +€6 | +15.4% |
| Recurring financial charges | 65 | €39 | €45 | +€6 | +15.4% |
| Non-recurring financial charges | 66B | €39 | €45 | +€6 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,504 | €9,029 | +€12,533 | |
| Profit (loss) for the period | 9904 | -€3,504 | €9,029 | +€12,533 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,504 | €9,029 | +€12,533 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.