VIEW ARCHITECTURE: 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.
VIEW ARCHITECTURE
Largest movements
- Tangible fixed assets +€33,364
up €33,364 (+137.2%), from €24,315 to €57,679
of which Furniture and vehicles: +€33,511
- Cash -€20,246
down €20,246 (-55.5%), from €36,449 to €16,203
mainly Investment in fixed assets (net) (-€37,496) and Tax, wage and social debts (-€14,184)
- Receivables within one year +€12,919
up €12,919 (+8.0%), from €160,780 to €173,699
of which Trade receivables: +€12,843
- Debts after one year +€32,492
new in 2024: €32,492
- Tax, wage and social debts -€14,184
down €14,184 (-48.7%), from €29,139 to €14,955
of which Taxes: -€10,884
- Current portion of long-term debt +€12,688
up €12,688, from €0 to €12,688
- Other debts -€8,420
down €8,420 (-22.8%), from €36,981 to €28,561
- Profit (loss) carried forward +€5,360
up €5,360 (+16.5%), from €32,437 to €37,797
- Gross operating margin -€9,633
down €9,633 (-30.7%), from €31,354 to €21,720
- Depreciation +€3,362
up €3,362 (+436.5%), from €770 to €4,133
- Taxes -€1,415
down €1,415 (-36.2%), from €3,908 to €2,493
- Financial charges +€1,376
up €1,376 (+140.6%), from €978 to €2,354
- Other operating charges +€573
up €573 (+8.4%), from €6,808 to €7,381
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 | €221,545 | €247,580 | +€26,036 | +11.8% |
| Fixed assets | 21/28 | €24,315 | €57,679 | +€33,364 | +137.2% |
| Tangible fixed assets | 22/27 | €24,315 | €57,679 | +€33,364 | +137.2% |
| Plant, machinery and equipment | 23 | €18,259 | €18,112 | -€147 | -0.8% |
| Furniture and vehicles | 24 | €6,056 | €39,567 | +€33,511 | +553.3% |
| Current assets | 29/58 | €197,229 | €189,902 | -€7,328 | -3.7% |
| Amounts receivable within one year | 40/41 | €160,780 | €173,699 | +€12,919 | +8.0% |
| Trade receivables | 40 | €160,640 | €173,483 | +€12,843 | +8.0% |
| Other amounts receivable | 41 | €140 | €216 | +€76 | +54.0% |
| Cash at bank and in hand | 54/58 | €36,449 | €16,203 | -€20,246 | -55.5% |
| Total equity and liabilities | 10/49 | €221,545 | €247,580 | +€26,036 | +11.8% |
| Equity | 10/15 | €54,437 | €59,797 | +€5,360 | +9.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,437 | €37,797 | +€5,360 | +16.5% |
| Amounts payable | 17/49 | €167,107 | €187,784 | +€20,676 | +12.4% |
| Amounts payable after more than one year | 17 | - | €32,492 | +€32,492 | |
| Financial debts | 170/4 | - | €32,492 | +€32,492 | |
| Amounts payable within one year | 42/48 | €167,107 | €155,291 | -€11,816 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €12,688 | +€12,688 | |
| Trade debts | 44 | €100,987 | €99,088 | -€1,900 | -1.9% |
| Suppliers | 440/4 | €100,987 | €99,088 | -€1,900 | -1.9% |
| Taxes, remuneration and social security | 45 | €29,139 | €14,955 | -€14,184 | -48.7% |
| Taxes | 450/3 | €25,839 | €14,955 | -€10,884 | -42.1% |
| Remuneration and social security | 454/9 | €3,300 | €0 | -€3,300 | -100.0% |
| Other amounts payable | 47/48 | €36,981 | €28,561 | -€8,420 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €770 | €4,133 | +€3,362 | +436.5% |
| Other operating charges | 640/8 | €6,808 | €7,381 | +€573 | +8.4% |
| Gross operating margin | 9900 | €31,354 | €21,720 | -€9,633 | -30.7% |
| Operating profit (loss) | 9901 | €23,776 | €10,207 | -€13,569 | -57.1% |
| Financial charges | 65/66B | €978 | €2,354 | +€1,376 | +140.6% |
| Recurring financial charges | 65 | €978 | €2,354 | +€1,376 | +140.6% |
| Profit (loss) for the period before taxes | 9903 | €22,797 | €7,853 | -€14,945 | -65.6% |
| Income taxes | 67/77 | €3,908 | €2,493 | -€1,415 | -36.2% |
| Profit (loss) for the period | 9904 | €18,889 | €5,360 | -€13,530 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,889 | €5,360 | -€13,530 | -71.6% |
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 8 October 2026 via checked.be.