MARKTRACK: 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.
MARKTRACK
Largest movements
- Receivables within one year +€22,242
up €22,242 (+154.9%), from €14,360 to €36,602
of which Other amounts receivable: +€16,516
- Cash -€16,711
down €16,711 (-70.2%), from €23,822 to €7,111
mainly Receivables within one year (-€22,242) and Net result for the year (-€8,824)
- Deferred charges and accrued income +€1,446
up €1,446 (+19276.1%), from €8 to €1,453
- Accrued charges and deferred income +€10,130
new in 2024: €10,130
- Profit (loss) carried forward -€8,824
down €8,824 (-66.4%), from €13,297 to €4,472
- Trade debts +€4,691
up €4,691 (+141.1%), from €3,325 to €8,016
- Tax, wage and social debts +€980
up €980 (+5.3%), from €18,567 to €19,547
of which Taxes: +€980
- Gross operating margin -€22,129
down €22,129, from €20,507 to -€1,622
- Financial charges +€5,843
up €5,843 (+7507.4%), from €78 to €5,921
- Taxes -€3,457
down €3,457 (-80.3%), from €4,306 to €849
- Depreciation -€2,464
no longer reported in 2024 (was €2,464)
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 | €38,189 | €45,166 | +€6,977 | +18.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €38,189 | €45,166 | +€6,977 | +18.3% |
| Amounts receivable within one year | 40/41 | €14,360 | €36,602 | +€22,242 | +154.9% |
| Trade receivables | 40 | €13,539 | €19,265 | +€5,726 | +42.3% |
| Other amounts receivable | 41 | €821 | €17,337 | +€16,516 | +2012.3% |
| Cash at bank and in hand | 54/58 | €23,822 | €7,111 | -€16,711 | -70.2% |
| Deferred charges and accrued income | 490/1 | €8 | €1,453 | +€1,446 | +19276.1% |
| Total equity and liabilities | 10/49 | €38,189 | €45,166 | +€6,977 | +18.3% |
| Equity | 10/15 | €16,297 | €7,472 | -€8,824 | -54.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,297 | €4,472 | -€8,824 | -66.4% |
| Amounts payable | 17/49 | €21,892 | €37,693 | +€15,801 | +72.2% |
| Amounts payable within one year | 42/48 | €21,892 | €27,563 | +€5,671 | +25.9% |
| Trade debts | 44 | €3,325 | €8,016 | +€4,691 | +141.1% |
| Suppliers | 440/4 | €3,325 | €8,016 | +€4,691 | +141.1% |
| Taxes, remuneration and social security | 45 | €18,567 | €19,547 | +€980 | +5.3% |
| Taxes | 450/3 | €18,567 | €19,547 | +€980 | +5.3% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | - | €10,130 | +€10,130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,464 | - | -€2,464 | |
| Other operating charges | 640/8 | €384 | €440 | +€55 | +14.4% |
| Gross operating margin | 9900 | €20,507 | -€1,622 | -€22,129 | |
| Operating profit (loss) | 9901 | €17,659 | -€2,062 | -€19,720 | |
| Financial income | 75/76B | €22 | €7 | -€15 | -68.6% |
| Recurring financial income | 75 | €22 | €7 | -€15 | -68.6% |
| Financial charges | 65/66B | €78 | €5,921 | +€5,843 | +7507.4% |
| Recurring financial charges | 65 | €78 | €5,921 | +€5,843 | +7507.4% |
| Profit (loss) for the period before taxes | 9903 | €17,603 | -€7,976 | -€25,579 | |
| Income taxes | 67/77 | €4,306 | €849 | -€3,457 | -80.3% |
| Profit (loss) for the period | 9904 | €13,297 | -€8,824 | -€22,121 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,297 | -€8,824 | -€22,121 |
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 28 September 2026 via checked.be.