WE MAKE LEMONADE: 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.
WE MAKE LEMONADE
Largest movements
- Receivables within one year -€19,476
down €19,476 (-56.5%), from €34,476 to €15,000
of which Trade receivables: -€19,476
- Stocks and contracts -€13,543
no longer reported in 2024 (was €13,543)
- Deferred charges and accrued income -€8,627
no longer reported in 2024 (was €8,627)
- Cash -€5,579
down €5,579 (-87.8%), from €6,355 to €777
mainly Net result for the year (-€30,321) and Current portion of long-term debt (-€14,094)
- Tangible fixed assets -€2,480
down €2,480 (-92.3%), from €2,686 to €206
- Profit (loss) carried forward -€30,321
down €30,321 (-133%), from -€22,883 to -€53,205
- Current portion of long-term debt -€14,094
down €14,094 (-61.6%), from €22,890 to €8,796
- Debts after one year -€8,796
no longer reported in 2024 (was €8,796)
- Trade debts +€3,397
up €3,397 (+4,507%), from €75 to €3,473
- Tax, wage and social debts -€2,211
down €2,211 (-15.9%), from €13,886 to €11,675
- Gross operating margin -€24,143
down €24,143, from €3,049 to -€21,094
- Other operating charges -€2,986
down €2,986 (-32.0%), from €9,338 to €6,352
- Depreciation -€737
down €737 (-78.1%), from €943 to €206
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 | €68,042 | €15,983 | -€52,059 | -76.5% |
| Fixed assets | 21/28 | €5,040 | €206 | -€4,834 | -95.9% |
| Tangible fixed assets | 22/27 | €2,686 | €206 | -€2,480 | -92.3% |
| Furniture and vehicles | 24 | €2,686 | €206 | -€2,480 | -92.3% |
| Financial fixed assets | 28 | €2,354 | - | -€2,354 | |
| Current assets | 29/58 | €63,002 | €15,777 | -€47,225 | -75.0% |
| Stocks and contracts in progress | 3 | €13,543 | - | -€13,543 | |
| Stocks | 30/36 | €13,543 | - | -€13,543 | |
| Amounts receivable within one year | 40/41 | €34,476 | €15,000 | -€19,476 | -56.5% |
| Trade receivables | 40 | €19,476 | - | -€19,476 | |
| Other amounts receivable | 41 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,355 | €777 | -€5,579 | -87.8% |
| Deferred charges and accrued income | 490/1 | €8,627 | - | -€8,627 | |
| Total equity and liabilities | 10/49 | €68,042 | €15,983 | -€52,059 | -76.5% |
| Equity | 10/15 | €2,117 | -€28,205 | -€30,321 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,883 | -€53,205 | -€30,321 | -133% |
| Amounts payable | 17/49 | €65,925 | €44,188 | -€21,738 | -33.0% |
| Amounts payable after more than one year | 17 | €8,796 | - | -€8,796 | |
| Financial debts | 170/4 | €8,796 | - | -€8,796 | |
| Amounts payable within one year | 42/48 | €57,129 | €44,188 | -€12,942 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €22,890 | €8,796 | -€14,094 | -61.6% |
| Trade debts | 44 | €75 | €3,473 | +€3,397 | +4,507% |
| Suppliers | 440/4 | €75 | €3,473 | +€3,397 | +4,507% |
| Taxes, remuneration and social security | 45 | €13,886 | €11,675 | -€2,211 | -15.9% |
| Taxes | 450/3 | €13,886 | €11,675 | -€2,211 | -15.9% |
| Other amounts payable | 47/48 | €20,279 | €20,244 | -€34 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €943 | €206 | -€737 | -78.1% |
| Other operating charges | 640/8 | €9,338 | €6,352 | -€2,986 | -32.0% |
| Gross operating margin | 9900 | €3,049 | -€21,094 | -€24,143 | |
| Operating profit (loss) | 9901 | -€7,232 | -€27,652 | -€20,420 | -282% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,595 | €2,669 | +€74 | +2.8% |
| Recurring financial charges | 65 | €2,595 | €2,669 | +€74 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,826 | -€30,321 | -€20,495 | -209% |
| Profit (loss) for the period | 9904 | -€9,826 | -€30,321 | -€20,495 | -209% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,826 | -€30,321 | -€20,495 | -209% |
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 25 October 2026 via checked.be.