SETKA: 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.
SETKA
Largest movements
- Receivables within one year -€6,521
down €6,521 (-10.1%), from €64,463 to €57,942
of which Other amounts receivable: -€3,873
- Profit (loss) carried forward -€5,751
down €5,751 (-8.8%), from -€65,007 to -€70,758
- Trade debts -€2,708
down €2,708 (-20.1%), from €13,456 to €10,749
- Other debts +€2,016
up €2,016 (+1.8%), from €114,474 to €116,490
- Gross operating margin +€11,464
up €11,464 (+69.6%), from -€16,480 to -€5,016
- Depreciation -€201
no longer reported in 2024 (was €201)
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 | €93,749 | €87,306 | -€6,443 | -6.9% |
| Fixed assets | 21/28 | €29,192 | €29,192 | = | 0.0% |
| Financial fixed assets | 28 | €29,192 | €29,192 | = | 0.0% |
| Current assets | 29/58 | €64,557 | €58,114 | -€6,443 | -10.0% |
| Amounts receivable within one year | 40/41 | €64,463 | €57,942 | -€6,521 | -10.1% |
| Trade receivables | 40 | €5,177 | €2,529 | -€2,648 | -51.1% |
| Other amounts receivable | 41 | €59,286 | €55,413 | -€3,873 | -6.5% |
| Cash at bank and in hand | 54/58 | €93 | €171 | +€78 | +83.4% |
| Total equity and liabilities | 10/49 | €93,749 | €87,306 | -€6,443 | -6.9% |
| Equity | 10/15 | -€46,407 | -€52,158 | -€5,751 | -12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,007 | -€70,758 | -€5,751 | -8.8% |
| Provisions and deferred taxes | 16 | €12,225 | €12,225 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €12,225 | €12,225 | = | 0.0% |
| Major repairs and maintenance | 162 | €12,225 | €12,225 | = | 0.0% |
| Amounts payable | 17/49 | €127,931 | €127,239 | -€692 | -0.5% |
| Amounts payable within one year | 42/48 | €127,931 | €127,239 | -€692 | -0.5% |
| Trade debts | 44 | €13,456 | €10,749 | -€2,708 | -20.1% |
| Suppliers | 440/4 | €13,456 | €10,749 | -€2,708 | -20.1% |
| Other amounts payable | 47/48 | €114,474 | €116,490 | +€2,016 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201 | - | -€201 | |
| Other operating charges | 640/8 | €384 | €487 | +€103 | +26.8% |
| Gross operating margin | 9900 | -€16,480 | -€5,016 | +€11,464 | +69.6% |
| Operating profit (loss) | 9901 | -€17,065 | -€5,504 | +€11,562 | +67.7% |
| Financial charges | 65/66B | €145 | €248 | +€103 | +71.0% |
| Recurring financial charges | 65 | €145 | €248 | +€103 | +71.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,210 | -€5,751 | +€11,459 | +66.6% |
| Profit (loss) for the period | 9904 | -€17,210 | -€5,751 | +€11,459 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,210 | -€5,751 | +€11,459 | +66.6% |
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 2 October 2026 via checked.be.