Workshop Box: 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.
Workshop Box
Largest movements
- Receivables within one year +€44,215
up €44,215 (+280.0%), from €15,789 to €60,004
of which Trade receivables: +€44,215
- Cash -€42,393
down €42,393 (-70.8%), from €59,900 to €17,508
mainly Receivables within one year (-€44,215) and Trade debts (-€832)
- Reserves +€3,200
up €3,200 (+5.7%), from €56,045 to €59,245
- Trade debts -€832
down €832 (-86.4%), from €963 to €131
- Depreciation -€1,982
down €1,982 (-77.5%), from €2,558 to €576
- Gross operating margin -€948
down €948 (-11.4%), from €8,316 to €7,368
- Taxes +€497
up €497 (+48.0%), from €1,035 to €1,532
- Staff costs -€410
down €410 (-20.4%), from €2,010 to €1,600
- Other operating charges +€193
up €193 (+119.2%), from €162 to €355
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.
Cash bridge derived
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 | €76,942 | €79,185 | +€2,243 | +2.9% |
| Fixed assets | 21/28 | €1,041 | €987 | -€55 | -5.3% |
| Tangible fixed assets | 22/27 | €416 | €362 | -€55 | -13.2% |
| Plant, machinery and equipment | 23 | €416 | €362 | -€55 | -13.2% |
| Financial fixed assets | 28 | €625 | €625 | = | 0.0% |
| Current assets | 29/58 | €75,900 | €78,198 | +€2,298 | +3.0% |
| Amounts receivable within one year | 40/41 | €15,789 | €60,004 | +€44,215 | +280.0% |
| Trade receivables | 40 | €14,924 | €59,139 | +€44,215 | +296.3% |
| Other amounts receivable | 41 | €865 | €865 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €59,900 | €17,508 | -€42,393 | -70.8% |
| Deferred charges and accrued income | 490/1 | €211 | €687 | +€476 | +225.4% |
| Total equity and liabilities | 10/49 | €76,942 | €79,185 | +€2,243 | +2.9% |
| Equity | 10/15 | €65,045 | €68,245 | +€3,200 | +4.9% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €56,045 | €59,245 | +€3,200 | +5.7% |
| Distributable reserves | 133 | €56,045 | €59,245 | +€3,200 | +5.7% |
| Amounts payable | 17/49 | €11,897 | €10,940 | -€957 | -8.0% |
| Amounts payable within one year | 42/48 | €11,897 | €10,940 | -€957 | -8.0% |
| Trade debts | 44 | €963 | €131 | -€832 | -86.4% |
| Suppliers | 440/4 | €963 | €131 | -€832 | -86.4% |
| Taxes, remuneration and social security | 45 | €5,870 | €5,924 | +€53 | +0.9% |
| Taxes | 450/3 | €5,870 | €5,924 | +€53 | +0.9% |
| Other amounts payable | 47/48 | €5,064 | €4,886 | -€178 | -3.5% |
| Remuneration, social security and pensions | 62 | €2,010 | €1,600 | -€410 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,558 | €576 | -€1,982 | -77.5% |
| Other operating charges | 640/8 | €162 | €355 | +€193 | +119.2% |
| Gross operating margin | 9900 | €8,316 | €7,368 | -€948 | -11.4% |
| Operating profit (loss) | 9901 | €3,586 | €4,837 | +€1,251 | +34.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €125 | €105 | -€19 | -15.6% |
| Recurring financial charges | 65 | €125 | €105 | -€19 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €3,462 | €4,732 | +€1,270 | +36.7% |
| Income taxes | 67/77 | €1,035 | €1,532 | +€497 | +48.0% |
| Profit (loss) for the period | 9904 | €2,427 | €3,200 | +€773 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,427 | €3,200 | +€773 | +31.9% |
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 28 September 2026 via checked.be.