Web-engineering: 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.
Web-engineering
Largest movements
- Receivables after one year -€15,000
down €15,000 (-10.0%), from €150,000 to €135,000
- Cash +€7,374
up €7,374 (+461%), from €1,600 to €8,975
mainly Net result for the year (+€72,755) and Receivables after one year (+€15,000)
- Deferred charges and accrued income +€3,494
up €3,494, from €0 to €3,494
- Receivables within one year +€2,962
up €2,962 (+2.8%), from €105,241 to €108,203
of which Other amounts receivable: +€25,054
- Reserves +€72,755
up €72,755 (+71.3%), from €102,042 to €174,797
of which Distributable reserves: +€72,755
- Other debts -€23,000
down €23,000 (-100%), from €23,000 to €0
- Trade debts -€19,448
down €19,448 (-85.8%), from €22,672 to €3,224
- Debts after one year -€17,793
down €17,793 (-100%), from €17,793 to €0
- Short-term financial debts -€11,874
down €11,874 (-58.0%), from €20,472 to €8,598
- Gross operating margin +€38,614
up €38,614 (+59.1%), from €65,309 to €103,923
- Taxes +€12,578
up €12,578 (+98.6%), from €12,751 to €25,329
- Financial income +€3,638
up €3,638 (+121%), from €3,000 to €6,639
- Financial charges +€3,585
up €3,585 (+222%), from €1,612 to €5,197
- Other operating charges +€2,520
up €2,520 (+97.5%), from €2,584 to €5,104
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 | €278,139 | €276,542 | -€1,597 | -0.6% |
| Fixed assets | 21/28 | €21,298 | €20,870 | -€427 | -2.0% |
| Tangible fixed assets | 22/27 | €21,298 | €20,870 | -€427 | -2.0% |
| Land and buildings | 22 | €15,957 | €15,048 | -€909 | -5.7% |
| Plant, machinery and equipment | 23 | - | €1,278 | +€1,278 | |
| Furniture and vehicles | 24 | €5,340 | €4,544 | -€796 | -14.9% |
| Current assets | 29/58 | €256,842 | €255,672 | -€1,169 | -0.5% |
| Amounts receivable after more than one year | 29 | €150,000 | €135,000 | -€15,000 | -10.0% |
| Other amounts receivable | 291 | €150,000 | €135,000 | -€15,000 | -10.0% |
| Amounts receivable within one year | 40/41 | €105,241 | €108,203 | +€2,962 | +2.8% |
| Trade receivables | 40 | €29,806 | €7,713 | -€22,092 | -74.1% |
| Other amounts receivable | 41 | €75,435 | €100,490 | +€25,054 | +33.2% |
| Cash at bank and in hand | 54/58 | €1,600 | €8,975 | +€7,374 | +461% |
| Deferred charges and accrued income | 490/1 | €0 | €3,494 | +€3,494 | |
| Total equity and liabilities | 10/49 | €278,139 | €276,542 | -€1,597 | -0.6% |
| Equity | 10/15 | €169,486 | €242,240 | +€72,755 | +42.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €102,042 | €174,797 | +€72,755 | +71.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €100,182 | €172,937 | +€72,755 | +72.6% |
| Profit (loss) carried forward | 14 | €61,244 | €61,244 | = | 0.0% |
| Amounts payable | 17/49 | €108,654 | €34,302 | -€74,351 | -68.4% |
| Amounts payable after more than one year | 17 | €17,793 | €0 | -€17,793 | -100% |
| Financial debts | 170/4 | €17,793 | €0 | -€17,793 | -100% |
| Amounts payable within one year | 42/48 | €90,861 | €34,302 | -€56,559 | -62.2% |
| Current portion of amounts payable after more than one year | 42 | €5,493 | €60 | -€5,433 | -98.9% |
| Financial debts | 43 | €20,472 | €8,598 | -€11,874 | -58.0% |
| Credit institutions | 430/8 | €20,472 | €8,598 | -€11,874 | -58.0% |
| Trade debts | 44 | €22,672 | €3,224 | -€19,448 | -85.8% |
| Suppliers | 440/4 | €22,672 | €3,224 | -€19,448 | -85.8% |
| Taxes, remuneration and social security | 45 | €19,224 | €22,420 | +€3,196 | +16.6% |
| Taxes | 450/3 | €19,224 | €22,420 | +€3,196 | +16.6% |
| Other amounts payable | 47/48 | €23,000 | €0 | -€23,000 | -100% |
| Remuneration, social security and pensions | 62 | €0 | €387 | +€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €853 | €1,790 | +€938 | +110% |
| Other operating charges | 640/8 | €2,584 | €5,104 | +€2,520 | +97.5% |
| Gross operating margin | 9900 | €65,309 | €103,923 | +€38,614 | +59.1% |
| Operating profit (loss) | 9901 | €61,872 | €96,642 | +€34,770 | +56.2% |
| Financial income | 75/76B | €3,000 | €6,639 | +€3,638 | +121% |
| Recurring financial income | 75 | €3,000 | €6,639 | +€3,638 | +121% |
| Financial charges | 65/66B | €1,612 | €5,197 | +€3,585 | +222% |
| Recurring financial charges | 65 | €1,612 | €5,197 | +€3,585 | +222% |
| Profit (loss) for the period before taxes | 9903 | €63,261 | €98,084 | +€34,823 | +55.0% |
| Income taxes | 67/77 | €12,751 | €25,329 | +€12,578 | +98.6% |
| Profit (loss) for the period | 9904 | €50,510 | €72,755 | +€22,245 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,510 | €72,755 | +€22,245 | +44.0% |
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 27 October 2026 via checked.be.