BART DUTOIT: what changed
What changed
BART DUTOIT
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€4,677
2023 · €42,799-€38,122
Equity
€117,903
2023 · €113,226+€4,677
Cash
€19,986
2023 · €10,468+€9,518
Balance sheet total
€268,063
2023 · €297,103-€29,040
Largest movements
Assets
- Stocks and contracts -€35,124
down €35,124 (-69.1%), from €50,865 to €15,741
- Tangible fixed assets -€18,949
down €18,949 (-9.1%), from €208,865 to €189,916
of which Furniture and vehicles: -€11,684
- Receivables within one year +€13,571
up €13,571 (+78.1%), from €17,385 to €30,955
of which Other amounts receivable: +€9,903
- Cash +€9,518
up €9,518 (+90.9%), from €10,468 to €19,986
mainly Stocks and contracts (+€35,124) and Depreciation (+€24,174)
Equity and liabilities
- Debts after one year -€33,438
down €33,438 (-20.4%), from €164,231 to €130,793
of which Other amounts payable: -€17,934
- Reserves +€4,677
up €4,677 (+4.6%), from €100,826 to €105,503
Income statement
- Gross operating margin -€56,395
down €56,395 (-56.3%), from €100,223 to €43,828
- Taxes -€18,291
down €18,291 (-90.0%), from €20,325 to €2,034
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.
Result 2023
€42,799
Gross operating margin
-€56,395
Depreciation
+€329
Other operating charges
+€151
Financial income
-€651
Financial charges
+€153
Taxes
+€18,291
Result 2024
€4,677
raises the resultlowers the result
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.
From operations
+€48,591
Investment
-€5,225
Financing
-€33,848
Cash 2023
€10,468
From operations (derived)
+€48,591
Net result for the year
+€4,677
Depreciation
+€24,174
Stocks and contracts
+€35,124
Receivables within one year
-€13,571
Deferred charges and accrued income
-€1,944
Trade debts
-€389
Tax, wage and social debts
+€40
Accrued charges and deferred income
+€480
Investment (derived)
-€5,225
Investment in fixed assets (net)
-€5,225
Financing
-€33,848
Debts after one year
-€33,438
Current portion of long-term debt
-€410
Cash 2024
€19,986
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €297,103 | €268,063 | -€29,040 | -9.8% |
| Fixed assets | 21/28 | €217,865 | €198,916 | -€18,949 | -8.7% |
| Tangible fixed assets | 22/27 | €208,865 | €189,916 | -€18,949 | -9.1% |
| Land and buildings | 22 | €12,916 | €15,812 | +€2,896 | +22.4% |
| Plant, machinery and equipment | 23 | €616 | €455 | -€161 | -26.1% |
| Furniture and vehicles | 24 | €25,333 | €13,649 | -€11,684 | -46.1% |
| Leasing and similar rights | 25 | €170,000 | €160,000 | -€10,000 | -5.9% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €79,238 | €69,146 | -€10,091 | -12.7% |
| Stocks and contracts in progress | 3 | €50,865 | €15,741 | -€35,124 | -69.1% |
| Stocks | 30/36 | €50,865 | €15,741 | -€35,124 | -69.1% |
| Amounts receivable within one year | 40/41 | €17,385 | €30,955 | +€13,571 | +78.1% |
| Trade receivables | 40 | €10,571 | €14,239 | +€3,668 | +34.7% |
| Other amounts receivable | 41 | €6,813 | €16,716 | +€9,903 | +145% |
| Cash at bank and in hand | 54/58 | €10,468 | €19,986 | +€9,518 | +90.9% |
| Deferred charges and accrued income | 490/1 | €520 | €2,464 | +€1,944 | +374% |
| Total equity and liabilities | 10/49 | €297,103 | €268,063 | -€29,040 | -9.8% |
| Equity | 10/15 | €113,226 | €117,903 | +€4,677 | +4.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €100,826 | €105,503 | +€4,677 | +4.6% |
| Distributable reserves | 133 | €100,826 | €105,503 | +€4,677 | +4.6% |
| Amounts payable | 17/49 | €183,877 | €150,160 | -€33,717 | -18.3% |
| Amounts payable after more than one year | 17 | €164,231 | €130,793 | -€33,438 | -20.4% |
| Financial debts | 170/4 | €127,756 | €112,251 | -€15,504 | -12.1% |
| Other amounts payable | 178/9 | €36,475 | €18,542 | -€17,934 | -49.2% |
| Amounts payable within one year | 42/48 | €19,646 | €18,887 | -€759 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €16,000 | €15,590 | -€410 | -2.6% |
| Trade debts | 44 | €1,315 | €926 | -€389 | -29.6% |
| Suppliers | 440/4 | €1,315 | €926 | -€389 | -29.6% |
| Taxes, remuneration and social security | 45 | €2,331 | €2,371 | +€40 | +1.7% |
| Taxes | 450/3 | €709 | €2,371 | +€1,662 | +234% |
| Remuneration and social security | 454/9 | €1,622 | €0 | -€1,622 | -100% |
| Accrued charges and deferred income | 492/3 | - | €480 | +€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,503 | €24,174 | -€329 | -1.3% |
| Other operating charges | 640/8 | €2,219 | €2,067 | -€151 | -6.8% |
| Gross operating margin | 9900 | €100,223 | €43,828 | -€56,395 | -56.3% |
| Operating profit (loss) | 9901 | €73,501 | €17,586 | -€55,915 | -76.1% |
| Financial income | 75/76B | €3,145 | €2,494 | -€651 | -20.7% |
| Recurring financial income | 75 | €3,145 | €2,494 | -€651 | -20.7% |
| Financial charges | 65/66B | €13,522 | €13,370 | -€153 | -1.1% |
| Recurring financial charges | 65 | €13,522 | €13,370 | -€153 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €63,124 | €6,711 | -€56,413 | -89.4% |
| Income taxes | 67/77 | €20,325 | €2,034 | -€18,291 | -90.0% |
| Profit (loss) for the period | 9904 | €42,799 | €4,677 | -€38,122 | -89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,799 | €4,677 | -€38,122 | -89.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 1 November 2026 via checked.be.