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VIBRATIONS and ANALYSIS: 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.

What changed

VIBRATIONS and ANALYSIS

BE 0441.552.908
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€5,944
2023 · -€9,411+€3,467
Equity
€816
2023 · €6,760-€5,944
Cash
€7,828
2023 · €8,037-€209
Balance sheet total
€31,946
2023 · €10,333+€21,613

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€24,118

    new in 2024: €24,118

  • Receivables within one year -€1,559

    down €1,559 (-100.0%), from €1,559 to €0

    of which Other amounts receivable: -€1,169

  • Deferred charges and accrued income -€737

    no longer reported in 2024 (was €737)

Equity and liabilities
  • Other debts +€30,118

    new in 2024: €30,118

  • Profit (loss) carried forward -€5,944

    down €5,944 (-458.6%), from -€1,296 to -€7,240

  • Tax, wage and social debts -€2,561

    down €2,561 (-71.7%), from €3,573 to €1,012

    of which Taxes: -€2,511

Income statement
  • Gross operating margin +€9,496

    up €9,496, from -€8,211 to €1,285

  • Depreciation +€6,029

    up €6,029, from €0 to €6,029

  • Turnover +€4,872

    up €4,872 (+68.0%), from €7,168 to €12,040

  • Purchases and services -€4,624

    down €4,624 (-30.1%), from €15,379 to €10,755

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 -€9,411
Gross operating margin +€9,496
Depreciation -€6,029
Result 2024 -€5,944

Cash bridge derived

cash 2023 to 2024

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.

From operations +€29,938
Investment -€30,147
Financing €0
Cash 2023 €8,037
Net result for the year -€5,944
Depreciation +€6,029
Receivables within one year +€1,559
Deferred charges and accrued income +€737
Tax, wage and social debts -€2,561
Other debts +€30,118
Investment in fixed assets (net) -€30,147
Cash 2024 €7,828
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €10,333 €31,946 +€21,613 +209.2%
Fixed assets 21/28 - €24,118 +€24,118
Tangible fixed assets 22/27 - €24,118 +€24,118
Furniture and vehicles 24 - €24,118 +€24,118
Current assets 29/58 €10,333 €7,828 -€2,505 -24.2%
Amounts receivable within one year 40/41 €1,559 €0 -€1,559 -100.0%
Trade receivables 40 €390 €0 -€390 -100.0%
Other amounts receivable 41 €1,169 - -€1,169
Cash at bank and in hand 54/58 €8,037 €7,828 -€209 -2.6%
Deferred charges and accrued income 490/1 €737 - -€737
Total equity and liabilities 10/49 €10,333 €31,946 +€21,613 +209.2%
Equity 10/15 €6,760 €816 -€5,944 -87.9%
Contributions 10/11 €6,197 €6,197 = 0.0%
Capital 10 €6,197 €6,197 = 0.0%
Issued capital 100 €18,592 €18,592 = 0.0%
Uncalled capital 101 €12,395 €12,395 = 0.0%
Reserves 13 €1,859 €1,859 = 0.0%
Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
Legal reserve 130 €1,859 €1,859 = 0.0%
Profit (loss) carried forward 14 -€1,296 -€7,240 -€5,944 -458.6%
Amounts payable 17/49 €3,573 €31,130 +€27,557 +771.3%
Amounts payable within one year 42/48 €3,573 €31,130 +€27,557 +771.3%
Taxes, remuneration and social security 45 €3,573 €1,012 -€2,561 -71.7%
Taxes 450/3 €3,523 €1,012 -€2,511 -71.3%
Remuneration and social security 454/9 €50 - -€50
Other amounts payable 47/48 - €30,118 +€30,118
Turnover 70 €7,168 €12,040 +€4,872 +68.0%
Goods, raw materials, services and sundry goods 60/61 €15,379 €10,755 -€4,624 -30.1%
Remuneration, social security and pensions 62 €1,200 €1,200 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €0 €6,029 +€6,029
Gross operating margin 9900 -€8,211 €1,285 +€9,496
Operating profit (loss) 9901 -€9,411 -€5,944 +€3,467 +36.8%
Profit (loss) for the period before taxes 9903 -€9,411 -€5,944 +€3,467 +36.8%
Profit (loss) for the period 9904 -€9,411 -€5,944 +€3,467 +36.8%
Profit (loss) for the period to be appropriated 9905 -€9,411 -€5,944 +€3,467 +36.8%

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 30 September 2026 via checked.be.