Still Different: what changed
Still Different
Largest movements
- Receivables within one year +€19,976
up €19,976 (+24.2%), from €82,414 to €102,390
of which Trade receivables: +€18,515
- Cash +€16,216
up €16,216 (+769%), from €2,110 to €18,326
mainly Net result for the year (+€36,314) and Tax, wage and social debts (+€10,313)
- Reserves +€36,314
up €36,314 (+89.8%), from €40,428 to €76,742
- Short-term financial debts -€14,786
no longer reported in 2024 (was €14,786)
- Tax, wage and social debts +€10,313
up €10,313 (+59.8%), from €17,247 to €27,560
- Trade debts +€3,261
up €3,261 (+31.9%), from €10,236 to €13,497
- Gross operating margin +€32,743
up €32,743 (+118%), from €27,857 to €60,599
- Taxes +€13,112
up €13,112 (+186%), from €7,054 to €20,166
- Financial charges -€3,642
down €3,642 (-63.2%), from €5,760 to €2,118
- Other operating charges +€729
up €729 (+159%), from €460 to €1,188
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 | €88,897 | €123,999 | +€35,102 | +39.5% |
| Fixed assets | 21/28 | €4,193 | €3,283 | -€911 | -21.7% |
| Tangible fixed assets | 22/27 | €4,193 | €3,283 | -€911 | -21.7% |
| Plant, machinery and equipment | 23 | €2,388 | €1,794 | -€594 | -24.9% |
| Furniture and vehicles | 24 | €1,806 | €1,488 | -€317 | -17.6% |
| Current assets | 29/58 | €84,704 | €120,716 | +€36,013 | +42.5% |
| Amounts receivable within one year | 40/41 | €82,414 | €102,390 | +€19,976 | +24.2% |
| Trade receivables | 40 | €65,921 | €84,436 | +€18,515 | +28.1% |
| Other amounts receivable | 41 | €16,493 | €17,954 | +€1,461 | +8.9% |
| Cash at bank and in hand | 54/58 | €2,110 | €18,326 | +€16,216 | +769% |
| Deferred charges and accrued income | 490/1 | €180 | - | -€180 | |
| Total equity and liabilities | 10/49 | €88,897 | €123,999 | +€35,102 | +39.5% |
| Equity | 10/15 | €41,628 | €77,942 | +€36,314 | +87.2% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €40,428 | €76,742 | +€36,314 | +89.8% |
| Distributable reserves | 133 | €40,428 | €76,742 | +€36,314 | +89.8% |
| Amounts payable | 17/49 | €47,269 | €46,056 | -€1,212 | -2.6% |
| Amounts payable within one year | 42/48 | €47,269 | €46,056 | -€1,212 | -2.6% |
| Financial debts | 43 | €14,786 | - | -€14,786 | |
| Credit institutions | 430/8 | €14,786 | - | -€14,786 | |
| Trade debts | 44 | €10,236 | €13,497 | +€3,261 | +31.9% |
| Suppliers | 440/4 | €10,236 | €13,497 | +€3,261 | +31.9% |
| Taxes, remuneration and social security | 45 | €17,247 | €27,560 | +€10,313 | +59.8% |
| Taxes | 450/3 | €17,247 | €27,560 | +€10,313 | +59.8% |
| Other amounts payable | 47/48 | €5,000 | €5,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €64 | €290 | +€226 | +356% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,789 | €1,555 | -€235 | -13.1% |
| Other operating charges | 640/8 | €460 | €1,188 | +€729 | +159% |
| Gross operating margin | 9900 | €27,857 | €60,599 | +€32,743 | +118% |
| Operating profit (loss) | 9901 | €25,544 | €57,566 | +€32,022 | +125% |
| Financial income | 75/76B | €708 | €1,032 | +€324 | +45.8% |
| Recurring financial income | 75 | €708 | €1,032 | +€324 | +45.8% |
| Financial charges | 65/66B | €5,760 | €2,118 | -€3,642 | -63.2% |
| Recurring financial charges | 65 | €5,760 | €2,118 | -€3,642 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €20,492 | €56,480 | +€35,989 | +176% |
| Income taxes | 67/77 | €7,054 | €20,166 | +€13,112 | +186% |
| Profit (loss) for the period | 9904 | €13,438 | €36,314 | +€22,876 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €13,438 | €36,314 | +€22,876 | +170% |
Next steps
Calculation and sources
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 8 November 2026 via checked.be.