VISION & VALUES: what changed
VISION & VALUES
Largest movements
- Receivables within one year +€33,903
up €33,903 (+184%), from €18,392 to €52,295
of which Trade receivables: +€33,903
- Cash +€15,026
up €15,026 (+14.5%), from €103,745 to €118,771
mainly Net result for the year (+€25,204) and Trade debts (+€21,732)
- Profit (loss) carried forward +€25,204
up €25,204 (+51.8%), from €48,685 to €73,889
- Trade debts +€21,732
up €21,732 (+307%), from €7,082 to €28,814
- Other debts +€7,693
up €7,693 (+25.3%), from €30,394 to €38,088
- Tax, wage and social debts -€4,959
down €4,959 (-78.0%), from €6,356 to €1,397
- Gross operating margin +€3,026
up €3,026 (+8.9%), from €33,894 to €36,920
- Taxes +€902
up €902 (+9.9%), from €9,098 to €10,000
- Depreciation -€695
down €695 (-51.9%), from €1,340 to €645
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,382 | €176,053 | +€49,671 | +39.3% |
| Fixed assets | 21/28 | €1,115 | €1,610 | +€495 | +44.4% |
| Tangible fixed assets | 22/27 | €1,065 | €1,560 | +€495 | +46.4% |
| Furniture and vehicles | 24 | €1,065 | €1,560 | +€495 | +46.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €125,267 | €174,443 | +€49,176 | +39.3% |
| Amounts receivable within one year | 40/41 | €18,392 | €52,295 | +€33,903 | +184% |
| Trade receivables | 40 | €17,492 | €51,395 | +€33,903 | +194% |
| Other amounts receivable | 41 | €900 | €900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €103,745 | €118,771 | +€15,026 | +14.5% |
| Deferred charges and accrued income | 490/1 | €3,130 | €3,377 | +€247 | +7.9% |
| Total equity and liabilities | 10/49 | €126,382 | €176,053 | +€49,671 | +39.3% |
| Equity | 10/15 | €65,550 | €90,754 | +€25,204 | +38.5% |
| Contributions | 10/11 | €16,600 | €16,600 | = | 0.0% |
| Contributions outside capital | 11 | €16,600 | - | -€16,600 | |
| Other | 1109/19 | €16,600 | - | -€16,600 | |
| Reserves | 13 | €265 | €265 | = | 0.0% |
| Non-distributable reserves | 130/1 | €265 | - | -€265 | |
| Legal reserve | 130 | €265 | - | -€265 | |
| Distributable reserves | 133 | - | €265 | +€265 | |
| Profit (loss) carried forward | 14 | €48,685 | €73,889 | +€25,204 | +51.8% |
| Amounts payable | 17/49 | €60,832 | €85,299 | +€24,467 | +40.2% |
| Amounts payable after more than one year | 17 | €17,000 | €17,000 | = | 0.0% |
| Other amounts payable | 178/9 | €17,000 | €17,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,832 | €68,299 | +€24,467 | +55.8% |
| Trade debts | 44 | €7,082 | €28,814 | +€21,732 | +307% |
| Suppliers | 440/4 | €7,082 | €28,814 | +€21,732 | +307% |
| Taxes, remuneration and social security | 45 | €6,356 | €1,397 | -€4,959 | -78.0% |
| Taxes | 450/3 | €6,356 | €1,397 | -€4,959 | -78.0% |
| Other amounts payable | 47/48 | €30,394 | €38,088 | +€7,693 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,340 | €645 | -€695 | -51.9% |
| Other operating charges | 640/8 | €1,382 | €1,066 | -€316 | -22.9% |
| Gross operating margin | 9900 | €33,894 | €36,920 | +€3,026 | +8.9% |
| Operating profit (loss) | 9901 | €31,172 | €35,209 | +€4,037 | +12.9% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €148 | €7 | -€141 | -95.2% |
| Recurring financial charges | 65 | €148 | €7 | -€141 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | €31,024 | €35,204 | +€4,180 | +13.5% |
| Income taxes | 67/77 | €9,098 | €10,000 | +€902 | +9.9% |
| Profit (loss) for the period | 9904 | €21,927 | €25,204 | +€3,278 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,927 | €25,204 | +€3,278 | +14.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.