WHY NOT 1962: 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.
WHY NOT 1962
Largest movements
- Cash -€26,940
down €26,940 (-51.7%), from €52,092 to €25,152
mainly Receivables within one year (-€12,541) and Other debts (-€7,553)
- Receivables within one year +€12,541
up €12,541 (+184%), from €6,809 to €19,350
of which Other amounts receivable: +€10,622
- Other debts -€7,553
no longer reported in 2024 (was €7,553)
- Profit (loss) carried forward -€5,512
down €5,512 (-26.6%), from €20,709 to €15,197
- Tax, wage and social debts -€1,637
down €1,637 (-11.4%), from €14,417 to €12,781
of which Taxes: -€1,396
- Staff costs +€46,535
up €46,535 (+3,741%), from €1,244 to €47,778
- Gross operating margin +€16,040
up €16,040 (+49.0%), from €32,747 to €48,787
- Taxes -€5,296
no longer reported in 2024 (was €5,296)
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 | €65,542 | €50,148 | -€15,393 | -23.5% |
| Fixed assets | 21/28 | €2,200 | €1,796 | -€404 | -18.4% |
| Tangible fixed assets | 22/27 | €2,200 | €1,796 | -€404 | -18.4% |
| Plant, machinery and equipment | 23 | €608 | €107 | -€501 | -82.4% |
| Furniture and vehicles | 24 | €1,592 | €1,689 | +€97 | +6.1% |
| Current assets | 29/58 | €63,342 | €48,352 | -€14,990 | -23.7% |
| Stocks and contracts in progress | 3 | €3,850 | €3,850 | = | 0.0% |
| Stocks | 30/36 | €3,850 | €3,850 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,809 | €19,350 | +€12,541 | +184% |
| Trade receivables | 40 | €927 | €2,846 | +€1,919 | +207% |
| Other amounts receivable | 41 | €5,882 | €16,504 | +€10,622 | +181% |
| Cash at bank and in hand | 54/58 | €52,092 | €25,152 | -€26,940 | -51.7% |
| Deferred charges and accrued income | 490/1 | €591 | - | -€591 | |
| Total equity and liabilities | 10/49 | €65,542 | €50,148 | -€15,393 | -23.5% |
| Equity | 10/15 | €41,169 | €35,657 | -€5,512 | -13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,709 | €15,197 | -€5,512 | -26.6% |
| Amounts payable | 17/49 | €24,373 | €14,491 | -€9,882 | -40.5% |
| Amounts payable within one year | 42/48 | €24,183 | €14,491 | -€9,692 | -40.1% |
| Trade debts | 44 | €2,213 | €1,710 | -€503 | -22.7% |
| Suppliers | 440/4 | €2,213 | €1,710 | -€503 | -22.7% |
| Taxes, remuneration and social security | 45 | €14,417 | €12,781 | -€1,637 | -11.4% |
| Taxes | 450/3 | €9,222 | €7,827 | -€1,396 | -15.1% |
| Remuneration and social security | 454/9 | €5,195 | €4,954 | -€241 | -4.6% |
| Other amounts payable | 47/48 | €7,553 | - | -€7,553 | |
| Accrued charges and deferred income | 492/3 | €190 | - | -€190 | |
| Remuneration, social security and pensions | 62 | €1,244 | €47,778 | +€46,535 | +3,741% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,556 | €1,717 | +€161 | +10.3% |
| Other operating charges | 640/8 | €4,336 | €4,607 | +€271 | +6.3% |
| Gross operating margin | 9900 | €32,747 | €48,787 | +€16,040 | +49.0% |
| Operating profit (loss) | 9901 | €25,611 | -€5,316 | -€30,927 | |
| Financial income | 75/76B | €1 | €10 | +€9 | +1,787% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +1,787% |
| Financial charges | 65/66B | €392 | €206 | -€186 | -47.5% |
| Recurring financial charges | 65 | €392 | €206 | -€186 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €25,219 | -€5,512 | -€30,731 | |
| Income taxes | 67/77 | €5,296 | - | -€5,296 | |
| Profit (loss) for the period | 9904 | €19,923 | -€5,512 | -€25,435 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,923 | -€5,512 | -€25,435 |
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 20 October 2026 via checked.be.