XVI: 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.
XVI
Largest movements
- Receivables within one year +€88,537
up €88,537 (+84.1%), from €105,319 to €193,855
of which Other amounts receivable: +€112,797
- Debts after one year +€60,952
new in 2024: €60,952
- Profit (loss) carried forward +€40,337
up €40,337 (+75.5%), from €53,412 to €93,749
- Trade debts -€11,082
down €11,082 (-60.2%), from €18,422 to €7,341
- Tax, wage and social debts -€8,768
down €8,768 (-20.8%), from €42,151 to €33,383
of which Remuneration and social security: -€11,000
- Current portion of long-term debt +€4,993
new in 2024: €4,993
- Gross operating margin +€36,641
up €36,641 (+161.8%), from €22,648 to €59,290
- Taxes +€7,879
up €7,879 (+190.9%), from €4,128 to €12,008
- Financial charges +€2,163
up €2,163 (+102.1%), from €2,119 to €4,281
- Depreciation +€1,256
up €1,256 (+62.5%), from €2,009 to €3,265
- Other operating charges -€992
down €992 (-64.7%), from €1,534 to €542
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 | €121,341 | €210,952 | +€89,610 | +73.8% |
| Fixed assets | 21/28 | €15,433 | €15,239 | -€194 | -1.3% |
| Tangible fixed assets | 22/27 | €15,433 | €15,239 | -€194 | -1.3% |
| Furniture and vehicles | 24 | €12,518 | €12,738 | +€220 | +1.8% |
| Other tangible fixed assets | 26 | €2,915 | €2,501 | -€414 | -14.2% |
| Current assets | 29/58 | €105,908 | €195,713 | +€89,804 | +84.8% |
| Amounts receivable within one year | 40/41 | €105,319 | €193,855 | +€88,537 | +84.1% |
| Trade receivables | 40 | €100,260 | €76,000 | -€24,260 | -24.2% |
| Other amounts receivable | 41 | €5,059 | €117,855 | +€112,797 | +2229.8% |
| Cash at bank and in hand | 54/58 | €27 | €1,401 | +€1,375 | +5170.0% |
| Deferred charges and accrued income | 490/1 | €563 | €456 | -€107 | -19.0% |
| Total equity and liabilities | 10/49 | €121,341 | €210,952 | +€89,610 | +73.8% |
| Equity | 10/15 | €60,012 | €100,349 | +€40,337 | +67.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,412 | €93,749 | +€40,337 | +75.5% |
| Amounts payable | 17/49 | €61,330 | €110,603 | +€49,273 | +80.3% |
| Amounts payable after more than one year | 17 | - | €60,952 | +€60,952 | |
| Financial debts | 170/4 | - | €60,952 | +€60,952 | |
| Amounts payable within one year | 42/48 | €61,330 | €48,504 | -€12,826 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,993 | +€4,993 | |
| Financial debts | 43 | €757 | €2,788 | +€2,031 | +268.3% |
| Credit institutions | 430/8 | €757 | €2,788 | +€2,031 | +268.3% |
| Trade debts | 44 | €18,422 | €7,341 | -€11,082 | -60.2% |
| Suppliers | 440/4 | €18,422 | €7,341 | -€11,082 | -60.2% |
| Taxes, remuneration and social security | 45 | €42,151 | €33,383 | -€8,768 | -20.8% |
| Taxes | 450/3 | €31,151 | €33,383 | +€2,232 | +7.2% |
| Remuneration and social security | 454/9 | €11,000 | - | -€11,000 | |
| Accrued charges and deferred income | 492/3 | - | €1,147 | +€1,147 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,009 | €3,265 | +€1,256 | +62.5% |
| Other operating charges | 640/8 | €1,534 | €542 | -€992 | -64.7% |
| Gross operating margin | 9900 | €22,648 | €59,290 | +€36,641 | +161.8% |
| Operating profit (loss) | 9901 | €19,105 | €55,483 | +€36,377 | +190.4% |
| Financial income | 75/76B | €487 | €1,144 | +€657 | +134.8% |
| Recurring financial income | 75 | €487 | €1,144 | +€657 | +134.8% |
| Financial charges | 65/66B | €2,119 | €4,281 | +€2,163 | +102.1% |
| Recurring financial charges | 65 | €2,119 | €4,281 | +€2,163 | +102.1% |
| Profit (loss) for the period before taxes | 9903 | €17,474 | €52,345 | +€34,872 | +199.6% |
| Income taxes | 67/77 | €4,128 | €12,008 | +€7,879 | +190.9% |
| Profit (loss) for the period | 9904 | €13,345 | €40,337 | +€26,992 | +202.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,345 | €40,337 | +€26,992 | +202.3% |
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 8 October 2026 via checked.be.