SP BOX: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
SP BOX
Largest movements
- Receivables within one year +€93,447
up €93,447 (+36.4%), from €256,582 to €350,029
of which Trade receivables: +€65,635
- Tangible fixed assets -€4,335
down €4,335 (-6.9%), from €62,584 to €58,249
of which Land and buildings: -€7,272
- Trade debts +€58,473
up €58,473 (+23.4%), from €249,773 to €308,246
- Profit (loss) carried forward +€44,233
up €44,233, from -€7,394 to €36,839
- Current portion of long-term debt -€17,023
down €17,023 (-70.3%), from €24,219 to €7,196
- Tax, wage and social debts +€5,084
up €5,084 (+1,875%), from €271 to €5,356
of which Taxes: +€4,390
- Other debts -€4,596
down €4,596 (-10.5%), from €43,731 to €39,135
- Gross operating margin +€58,068
up €58,068 (+250%), from €23,261 to €81,328
- Staff costs +€11,339
up €11,339 (+559%), from €2,027 to €13,366
- Taxes +€5,786
new in 2024: €5,786
- Financial charges +€2,913
up €2,913 (+172%), from €1,690 to €4,604
- Other operating charges -€1,683
down €1,683 (-33.0%), from €5,108 to €3,424
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,166 | €422,076 | +€85,910 | +25.6% |
| Fixed assets | 21/28 | €68,764 | €64,429 | -€4,335 | -6.3% |
| Tangible fixed assets | 22/27 | €62,584 | €58,249 | -€4,335 | -6.9% |
| Land and buildings | 22 | €40,860 | €33,588 | -€7,272 | -17.8% |
| Plant, machinery and equipment | 23 | €21,212 | €19,054 | -€2,157 | -10.2% |
| Furniture and vehicles | 24 | €513 | €5,607 | +€5,094 | +993% |
| Financial fixed assets | 28 | €6,180 | €6,180 | = | 0.0% |
| Current assets | 29/58 | €267,402 | €357,647 | +€90,245 | +33.7% |
| Stocks and contracts in progress | 3 | €432 | €432 | = | 0.0% |
| Stocks | 30/36 | €432 | €432 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €256,582 | €350,029 | +€93,447 | +36.4% |
| Trade receivables | 40 | €228,213 | €293,849 | +€65,635 | +28.8% |
| Other amounts receivable | 41 | €28,369 | €56,180 | +€27,811 | +98.0% |
| Cash at bank and in hand | 54/58 | €10,387 | €7,186 | -€3,201 | -30.8% |
| Total equity and liabilities | 10/49 | €336,166 | €422,076 | +€85,910 | +25.6% |
| Equity | 10/15 | €10,806 | €55,039 | +€44,233 | +409% |
| Contributions | 10/11 | €18,200 | €18,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,394 | €36,839 | +€44,233 | |
| Amounts payable | 17/49 | €325,360 | €367,038 | +€41,678 | +12.8% |
| Amounts payable after more than one year | 17 | €7,105 | €7,105 | = | 0.0% |
| Financial debts | 170/4 | €7,105 | €7,105 | = | 0.0% |
| Amounts payable within one year | 42/48 | €317,995 | €359,933 | +€41,938 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €24,219 | €7,196 | -€17,023 | -70.3% |
| Trade debts | 44 | €249,773 | €308,246 | +€58,473 | +23.4% |
| Suppliers | 440/4 | €249,773 | €308,246 | +€58,473 | +23.4% |
| Taxes, remuneration and social security | 45 | €271 | €5,356 | +€5,084 | +1,875% |
| Taxes | 450/3 | - | €4,390 | +€4,390 | |
| Remuneration and social security | 454/9 | €271 | €966 | +€695 | +256% |
| Other amounts payable | 47/48 | €43,731 | €39,135 | -€4,596 | -10.5% |
| Accrued charges and deferred income | 492/3 | €260 | - | -€260 | |
| Remuneration, social security and pensions | 62 | €2,027 | €13,366 | +€11,339 | +559% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,340 | €9,942 | +€1,601 | +19.2% |
| Other operating charges | 640/8 | €5,108 | €3,424 | -€1,683 | -33.0% |
| Gross operating margin | 9900 | €23,261 | €81,328 | +€58,068 | +250% |
| Operating profit (loss) | 9901 | €7,785 | €54,596 | +€46,811 | +601% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €1,690 | €4,604 | +€2,913 | +172% |
| Recurring financial charges | 65 | €1,690 | €4,604 | +€2,913 | +172% |
| Profit (loss) for the period before taxes | 9903 | €6,095 | €50,019 | +€43,924 | +721% |
| Income taxes | 67/77 | - | €5,786 | +€5,786 | |
| Profit (loss) for the period | 9904 | €6,095 | €44,233 | +€38,138 | +626% |
| Profit (loss) for the period to be appropriated | 9905 | €6,095 | €44,233 | +€38,138 | +626% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.