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VISUALIZE IT: 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

VISUALIZE IT

BE 0736.625.918
NACE 74.120, Graphic design and visual communication
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€15,298
2023 · -€24,920+€40,218
Equity
-€8,933
2023 · -€24,231+€15,298
Cash
€6,463
2023 · €3,426+€3,037
Balance sheet total
€155,395
2023 · €163,326-€7,931

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€11,583

    down €11,583 (-25.8%), from €44,861 to €33,278

  • Cash +€3,037

    up €3,037 (+88.7%), from €3,426 to €6,463

    mainly Net result for the year (+€15,298) and Tax, wage and social debts (+€12,613)

Equity and liabilities
  • Profit (loss) carried forward +€15,298

    up €15,298 (+40.9%), from -€37,431 to -€22,133

  • Trade debts -€13,081

    down €13,081 (-49.4%), from €26,476 to €13,395

  • Tax, wage and social debts +€12,613

    up €12,613 (+303.0%), from €4,162 to €16,776

  • Other debts -€10,599

    down €10,599 (-28.8%), from €36,769 to €26,170

  • Debts after one year -€10,230

    down €10,230 (-9.6%), from €106,937 to €96,707

Income statement
  • Gross operating margin +€43,418

    up €43,418, from -€7,753 to €35,665

  • Financial charges +€1,787

    up €1,787 (+41.2%), from €4,334 to €6,121

  • Taxes +€1,542

    up €1,542 (+368.8%), from €418 to €1,960

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 -€24,920
Gross operating margin +€43,418
Other operating charges +€129
Financial income -€0
Financial charges -€1,787
Taxes -€1,542
Result 2024 €15,298

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 +€16,083
Investment €0
Financing -€13,045
Cash 2023 €3,426
Net result for the year +€15,298
Depreciation +€11,583
Receivables within one year -€615
Trade debts -€13,081
Tax, wage and social debts +€12,613
Other debts -€10,599
Accrued charges and deferred income +€883
Debts after one year -€10,230
Current portion of long-term debt -€2,815
Cash 2024 €6,463
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €163,326 €155,395 -€7,931 -4.9%
Fixed assets 21/28 €124,861 €113,278 -€11,583 -9.3%
Tangible fixed assets 22/27 €44,861 €33,278 -€11,583 -25.8%
Furniture and vehicles 24 €44,861 €33,278 -€11,583 -25.8%
Financial fixed assets 28 €80,000 €80,000 = 0.0%
Current assets 29/58 €38,465 €42,117 +€3,652 +9.5%
Amounts receivable within one year 40/41 €35,039 €35,654 +€615 +1.8%
Trade receivables 40 €34,684 €35,654 +€970 +2.8%
Other amounts receivable 41 €355 €0 -€355 -100.0%
Cash at bank and in hand 54/58 €3,426 €6,463 +€3,037 +88.7%
Deferred charges and accrued income 490/1 €0 - =
Total equity and liabilities 10/49 €163,326 €155,395 -€7,931 -4.9%
Equity 10/15 -€24,231 -€8,933 +€15,298 +63.1%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €8,200 €8,200 = 0.0%
Distributable reserves 133 €8,200 €8,200 = 0.0%
Profit (loss) carried forward 14 -€37,431 -€22,133 +€15,298 +40.9%
Amounts payable 17/49 €187,557 €164,328 -€23,229 -12.4%
Amounts payable after more than one year 17 €106,937 €96,707 -€10,230 -9.6%
Financial debts 170/4 €106,937 €96,707 -€10,230 -9.6%
Amounts payable within one year 42/48 €80,452 €66,572 -€13,881 -17.3%
Current portion of amounts payable after more than one year 42 €13,045 €10,230 -€2,815 -21.6%
Trade debts 44 €26,476 €13,395 -€13,081 -49.4%
Suppliers 440/4 €26,476 €13,395 -€13,081 -49.4%
Taxes, remuneration and social security 45 €4,162 €16,776 +€12,613 +303.0%
Taxes 450/3 €4,162 €16,776 +€12,613 +303.0%
Other amounts payable 47/48 €36,769 €26,170 -€10,599 -28.8%
Accrued charges and deferred income 492/3 €167 €1,050 +€883 +527.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,583 €11,583 = 0.0%
Other operating charges 640/8 €832 €703 -€129 -15.5%
Gross operating margin 9900 -€7,753 €35,665 +€43,418
Operating profit (loss) 9901 -€20,169 €23,378 +€43,547
Financial income 75/76B €0 €0 -€0 -100.0%
Recurring financial income 75 €0 €0 -€0 -100.0%
Financial charges 65/66B €4,334 €6,121 +€1,787 +41.2%
Recurring financial charges 65 €4,334 €6,121 +€1,787 +41.2%
Profit (loss) for the period before taxes 9903 -€24,502 €17,257 +€41,760
Income taxes 67/77 €418 €1,960 +€1,542 +368.8%
Profit (loss) for the period 9904 -€24,920 €15,298 +€40,218
Profit (loss) for the period to be appropriated 9905 -€24,920 €15,298 +€40,218

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.