Assurances DUTHOIT: 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.
Assurances DUTHOIT
Largest movements
- Cash +€54,507
up €54,507 (+11.4%), from €476,249 to €530,756
mainly Net result for the year (+€152,633) and Trade debts (+€104,152)
- Deferred charges and accrued income -€25,130
down €25,130 (-38.4%), from €65,527 to €40,397
- Receivables within one year +€18,499
up €18,499 (+1.7%), from €1.1m to €1.1m
of which Trade receivables: +€46,780
- Trade debts +€104,152
up €104,152 (+8.1%), from €1.3m to €1.4m
of which Bills of exchange payable: +€108,075
- Other debts -€35,037
down €35,037 (-17.6%), from €199,556 to €164,519
- Accrued charges and deferred income -€17,553
down €17,553 (-96.8%), from €18,126 to €573
- Staff costs +€25,667
up €25,667 (+16.0%), from €160,309 to €185,976
- Gross operating margin -€14,769
down €14,769 (-4.1%), from €357,421 to €342,651
- Other operating charges +€4,395
up €4,395 (+152.4%), from €2,883 to €7,278
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 | €1,610,825 | €1,661,463 | +€50,638 | +3.1% |
| Fixed assets | 21/28 | €4,650 | €7,412 | +€2,762 | +59.4% |
| Tangible fixed assets | 22/27 | €0 | €2,762 | +€2,762 | |
| Furniture and vehicles | 24 | €0 | €2,762 | +€2,762 | |
| Financial fixed assets | 28 | €4,650 | €4,650 | = | 0.0% |
| Current assets | 29/58 | €1,606,175 | €1,654,051 | +€47,875 | +3.0% |
| Amounts receivable within one year | 40/41 | €1,064,398 | €1,082,897 | +€18,499 | +1.7% |
| Trade receivables | 40 | €88,870 | €135,650 | +€46,780 | +52.6% |
| Other amounts receivable | 41 | €975,528 | €947,247 | -€28,281 | -2.9% |
| Cash at bank and in hand | 54/58 | €476,249 | €530,756 | +€54,507 | +11.4% |
| Deferred charges and accrued income | 490/1 | €65,527 | €40,397 | -€25,130 | -38.4% |
| Total equity and liabilities | 10/49 | €1,610,825 | €1,661,463 | +€50,638 | +3.1% |
| Equity | 10/15 | €80,246 | €80,880 | +€633 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €18,246 | €18,880 | +€633 | +3.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,735 | €1,735 | = | 0.0% |
| Distributable reserves | 133 | €10,311 | €10,944 | +€633 | +6.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,530,579 | €1,580,583 | +€50,005 | +3.3% |
| Amounts payable after more than one year | 17 | €1,981 | €0 | -€1,981 | -100.0% |
| Financial debts | 170/4 | €1,981 | €0 | -€1,981 | -100.0% |
| Amounts payable within one year | 42/48 | €1,510,472 | €1,580,010 | +€69,538 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €2,873 | €1,981 | -€892 | -31.0% |
| Trade debts | 44 | €1,283,293 | €1,387,446 | +€104,152 | +8.1% |
| Suppliers | 440/4 | €519,946 | €516,023 | -€3,923 | -0.8% |
| Bills of exchange payable | 441 | €763,347 | €871,422 | +€108,075 | +14.2% |
| Taxes, remuneration and social security | 45 | €24,749 | €26,064 | +€1,315 | +5.3% |
| Taxes | 450/3 | €3,432 | €456 | -€2,977 | -86.7% |
| Remuneration and social security | 454/9 | €21,317 | €25,609 | +€4,292 | +20.1% |
| Other amounts payable | 47/48 | €199,556 | €164,519 | -€35,037 | -17.6% |
| Accrued charges and deferred income | 492/3 | €18,126 | €573 | -€17,553 | -96.8% |
| Remuneration, social security and pensions | 62 | €160,309 | €185,976 | +€25,667 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,426 | €722 | -€2,704 | -78.9% |
| Other operating charges | 640/8 | €2,883 | €7,278 | +€4,395 | +152.4% |
| Gross operating margin | 9900 | €357,421 | €342,651 | -€14,769 | -4.1% |
| Operating profit (loss) | 9901 | €190,802 | €148,675 | -€42,128 | -22.1% |
| Financial income | 75/76B | €11,619 | €8,653 | -€2,966 | -25.5% |
| Recurring financial income | 75 | €11,619 | €8,653 | -€2,966 | -25.5% |
| Financial charges | 65/66B | €3,628 | €1,989 | -€1,639 | -45.2% |
| Recurring financial charges | 65 | €3,628 | €1,989 | -€1,639 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €198,793 | €155,339 | -€43,454 | -21.9% |
| Income taxes | 67/77 | €3,253 | €2,706 | -€548 | -16.8% |
| Profit (loss) for the period | 9904 | €195,539 | €152,633 | -€42,906 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €195,539 | €152,633 | -€42,906 | -21.9% |
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 4 October 2026 via checked.be.