YR TRADE: 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.
YR TRADE
Largest movements
- Receivables within one year -€150,223
down €150,223 (-56.4%), from €266,292 to €116,069
of which Trade receivables: -€150,338
- Cash +€8,436
up €8,436 (+50.9%), from €16,559 to €24,995
mainly Receivables within one year (+€150,223) and Net result for the year (+€2,986)
- Trade debts -€146,320
down €146,320 (-53.8%), from €272,046 to €125,726
- Profit (loss) carried forward +€2,986
up €2,986 (+56.1%), from €5,319 to €8,305
- Gross operating margin +€2,035
up €2,035 (+73.8%), from €2,756 to €4,791
- Other operating charges -€345
down €345 (-47.1%), from €732 to €387
- Depreciation +€274
up €274 (+105.1%), from €261 to €535
- Taxes +€251
up €251 (+43.4%), from €578 to €828
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 | €287,941 | €145,619 | -€142,322 | -49.4% |
| Fixed assets | 21/28 | €5,090 | €4,555 | -€535 | -10.5% |
| Tangible fixed assets | 22/27 | €5,090 | €4,555 | -€535 | -10.5% |
| Furniture and vehicles | 24 | €5,090 | €4,555 | -€535 | -10.5% |
| Current assets | 29/58 | €282,851 | €141,064 | -€141,787 | -50.1% |
| Amounts receivable within one year | 40/41 | €266,292 | €116,069 | -€150,223 | -56.4% |
| Trade receivables | 40 | €266,235 | €115,897 | -€150,338 | -56.5% |
| Other amounts receivable | 41 | €57 | €172 | +€115 | +200.6% |
| Cash at bank and in hand | 54/58 | €16,559 | €24,995 | +€8,436 | +50.9% |
| Total equity and liabilities | 10/49 | €287,941 | €145,619 | -€142,322 | -49.4% |
| Equity | 10/15 | €15,319 | €18,305 | +€2,986 | +19.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,319 | €8,305 | +€2,986 | +56.1% |
| Amounts payable | 17/49 | €272,622 | €127,314 | -€145,308 | -53.3% |
| Amounts payable within one year | 42/48 | €272,622 | €127,314 | -€145,308 | -53.3% |
| Trade debts | 44 | €272,046 | €125,726 | -€146,320 | -53.8% |
| Suppliers | 440/4 | €272,046 | €125,726 | -€146,320 | -53.8% |
| Taxes, remuneration and social security | 45 | €576 | €1,588 | +€1,012 | +175.7% |
| Taxes | 450/3 | €576 | €1,588 | +€1,012 | +175.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €261 | €535 | +€274 | +105.1% |
| Other operating charges | 640/8 | €732 | €387 | -€345 | -47.1% |
| Gross operating margin | 9900 | €2,756 | €4,791 | +€2,035 | +73.8% |
| Operating profit (loss) | 9901 | €1,764 | €3,869 | +€2,105 | +119.4% |
| Financial charges | 65/66B | €54 | €54 | -€0 | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €1,710 | €3,815 | +€2,105 | +123.1% |
| Income taxes | 67/77 | €578 | €828 | +€251 | +43.4% |
| Profit (loss) for the period | 9904 | €1,132 | €2,986 | +€1,855 | +163.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,132 | €2,986 | +€1,855 | +163.9% |
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 12 October 2026 via checked.be.