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.
Build-ID
Largest movements
- Cash +€64,130
up €64,130 (+1746.4%), from €3,672 to €67,802
mainly Net result for the year (+€82,301) and Depreciation (+€22,473)
- Tangible fixed assets -€18,590
down €18,590 (-34.8%), from €53,412 to €34,822
of which Furniture and vehicles: -€20,879
- Reserves +€66,307
up €66,307 (+95.3%), from €69,555 to €135,862
of which Distributable reserves: +€66,307
- Debts after one year -€27,909
down €27,909 (-100.0%), from €27,909 to €0
- Tax, wage and social debts +€20,072
up €20,072 (+580.1%), from €3,460 to €23,532
- Current portion of long-term debt -€9,891
down €9,891 (-55.8%), from €17,715 to €7,824
- Trade debts -€4,397
down €4,397 (-87.3%), from €5,036 to €639
- Gross operating margin +€94,913
up €94,913 (+197.2%), from €48,135 to €143,048
- Taxes +€26,092
up €26,092 (+284.4%), from €9,176 to €35,267
- Depreciation +€5,454
up €5,454 (+32.0%), from €17,019 to €22,473
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 | €129,875 | €174,845 | +€44,970 | +34.6% |
| Fixed assets | 21/28 | €80,703 | €62,113 | -€18,590 | -23.0% |
| Tangible fixed assets | 22/27 | €53,412 | €34,822 | -€18,590 | -34.8% |
| Plant, machinery and equipment | 23 | €6,693 | €8,982 | +€2,289 | +34.2% |
| Furniture and vehicles | 24 | €46,719 | €25,840 | -€20,879 | -44.7% |
| Financial fixed assets | 28 | €27,290 | €27,290 | = | 0.0% |
| Current assets | 29/58 | €49,172 | €112,732 | +€63,560 | +129.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €44,156 | €43,721 | -€434 | -1.0% |
| Trade receivables | 40 | €35,920 | €30,007 | -€5,914 | -16.5% |
| Other amounts receivable | 41 | €8,235 | €13,715 | +€5,479 | +66.5% |
| Cash at bank and in hand | 54/58 | €3,672 | €67,802 | +€64,130 | +1746.4% |
| Deferred charges and accrued income | 490/1 | €1,345 | €1,209 | -€136 | -10.1% |
| Total equity and liabilities | 10/49 | €129,875 | €174,845 | +€44,970 | +34.6% |
| Equity | 10/15 | €75,755 | €142,062 | +€66,307 | +87.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,555 | €135,862 | +€66,307 | +95.3% |
| Non-distributable reserves | 130/1 | €1,413 | €1,413 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,413 | €1,413 | = | 0.0% |
| Distributable reserves | 133 | €68,141 | €134,448 | +€66,307 | +97.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €54,120 | €32,783 | -€21,337 | -39.4% |
| Amounts payable after more than one year | 17 | €27,909 | €0 | -€27,909 | -100.0% |
| Financial debts | 170/4 | €27,909 | €0 | -€27,909 | -100.0% |
| Amounts payable within one year | 42/48 | €26,211 | €32,783 | +€6,571 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €17,715 | €7,824 | -€9,891 | -55.8% |
| Trade debts | 44 | €5,036 | €639 | -€4,397 | -87.3% |
| Suppliers | 440/4 | €5,036 | €639 | -€4,397 | -87.3% |
| Taxes, remuneration and social security | 45 | €3,460 | €23,532 | +€20,072 | +580.1% |
| Taxes | 450/3 | €3,460 | €23,532 | +€20,072 | +580.1% |
| Other amounts payable | 47/48 | - | €787 | +€787 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,019 | €22,473 | +€5,454 | +32.0% |
| Other operating charges | 640/8 | €908 | €1,368 | +€460 | +50.7% |
| Gross operating margin | 9900 | €48,135 | €143,048 | +€94,913 | +197.2% |
| Operating profit (loss) | 9901 | €30,208 | €119,207 | +€88,999 | +294.6% |
| Financial income | 75/76B | €610 | €774 | +€164 | +27.0% |
| Recurring financial income | 75 | €610 | €774 | +€164 | +27.0% |
| Financial charges | 65/66B | €1,940 | €2,412 | +€472 | +24.3% |
| Recurring financial charges | 65 | €1,940 | €2,412 | +€472 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €28,877 | €117,569 | +€88,692 | +307.1% |
| Income taxes | 67/77 | €9,176 | €35,267 | +€26,092 | +284.4% |
| Profit (loss) for the period | 9904 | €19,702 | €82,301 | +€62,600 | +317.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,702 | €82,301 | +€62,600 | +317.7% |
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 27 September 2026 via checked.be.