VAT Forum: 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.
VAT Forum
Largest movements
- Receivables within one year +€7,030
up €7,030 (+29.5%), from €23,836 to €30,867
of which Trade receivables: +€5,565
- Cash -€727
down €727 (-14.2%), from €5,135 to €4,408
mainly Receivables within one year (-€7,030) and Trade debts (-€6,307)
- Accrued charges and deferred income +€7,385
new in 2024: €7,385
- Trade debts -€6,307
down €6,307 (-23.3%), from €27,044 to €20,738
- Profit (loss) carried forward +€6,006
up €6,006 (+10.5%), from -€57,020 to -€51,015
- Other debts -€1,127
down €1,127 (-7.8%), from €14,454 to €13,327
- Contributions +€400
up €400 (+1.1%), from €37,600 to €38,000
- Gross operating margin +€50,912
up €50,912, from -€44,175 to €6,738
- Other operating charges -€997
down €997 (-72.0%), from €1,384 to €387
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 | €29,068 | €35,425 | +€6,356 | +21.9% |
| Current assets | 29/58 | €29,068 | €35,425 | +€6,356 | +21.9% |
| Amounts receivable within one year | 40/41 | €23,836 | €30,867 | +€7,030 | +29.5% |
| Trade receivables | 40 | €22,291 | €27,856 | +€5,565 | +25.0% |
| Other amounts receivable | 41 | €1,545 | €3,011 | +€1,465 | +94.8% |
| Cash at bank and in hand | 54/58 | €5,135 | €4,408 | -€727 | -14.2% |
| Deferred charges and accrued income | 490/1 | €97 | €150 | +€53 | +55.1% |
| Total equity and liabilities | 10/49 | €29,068 | €35,425 | +€6,356 | +21.9% |
| Equity | 10/15 | -€12,430 | -€6,025 | +€6,406 | +51.5% |
| Contributions | 10/11 | €37,600 | €38,000 | +€400 | +1.1% |
| Reserves | 13 | €6,990 | €6,990 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,990 | €1,990 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,990 | €1,990 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,020 | -€51,015 | +€6,006 | +10.5% |
| Amounts payable | 17/49 | €41,498 | €41,449 | -€49 | -0.1% |
| Amounts payable within one year | 42/48 | €41,498 | €34,065 | -€7,434 | -17.9% |
| Trade debts | 44 | €27,044 | €20,738 | -€6,307 | -23.3% |
| Suppliers | 440/4 | €27,044 | €20,738 | -€6,307 | -23.3% |
| Other amounts payable | 47/48 | €14,454 | €13,327 | -€1,127 | -7.8% |
| Accrued charges and deferred income | 492/3 | - | €7,385 | +€7,385 | |
| Other operating charges | 640/8 | €1,384 | €387 | -€997 | -72.0% |
| Non-recurring operating charges | 66A | €937 | - | -€937 | |
| Gross operating margin | 9900 | -€44,175 | €6,738 | +€50,912 | |
| Operating profit (loss) | 9901 | -€46,496 | €6,350 | +€52,846 | |
| Financial income | 75/76B | €14 | €4 | -€11 | -74.5% |
| Recurring financial income | 75 | €14 | €4 | -€11 | -74.5% |
| Financial charges | 65/66B | €81 | €347 | +€266 | +329% |
| Recurring financial charges | 65 | €81 | €347 | +€266 | +329% |
| Profit (loss) for the period before taxes | 9903 | -€46,563 | €6,007 | +€52,569 | |
| Income taxes | 67/77 | €4 | €1 | -€3 | -74.7% |
| Profit (loss) for the period | 9904 | -€46,567 | €6,006 | +€52,572 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,567 | €6,006 | +€52,572 |
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 26 October 2026 via checked.be.