BDE-Research: what changed
Two financial 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.
What changed
BDE-Research
NACE 62.200, Computer consultancy and computer facilities management
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€35,400
2023 · -€35,886+€71,286
Equity
€515,286
2023 · €619,072-€103,785
Cash
€199
2023 · €66+€133
Balance sheet total
€2.7m
2023 · €2.8m-€99,813
Largest movements
Assets
- Tangible fixed assets -€84,952
down €84,952 (-3.6%), from €2.4m to €2.3m
of which Leasing and similar rights: -€77,271
Equity and liabilities
- Debts after one year -€143,263
down €143,263 (-9.6%), from €1.5m to €1.4m
- Provisions +€134,505
new in 2024: €134,505
- Revaluation surpluses -€118,405
down €118,405 (-27.9%), from €424,166 to €305,761
- Investment grants -€37,265
down €37,265 (-27.6%), from €135,020 to €97,754
- Profit (loss) carried forward +€35,400
up €35,400, from -€18,538 to €16,862
Income statement
- Gross operating margin +€73,261
up €73,261 (+79.3%), from €92,356 to €165,617
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.
Result 2023
-€35,886
Gross operating margin
+€73,261
Depreciation
+€655
Other operating charges
-€331
Other operating items
-€2,451
Financial income
-€1,017
Financial charges
-€2
Deferred taxes and other
+€1,170
Result 2024
€35,400
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.
From operations
+€254,561
Investment
€0
Financing
-€254,428
Cash 2023
€66
From operations (derived)
+€254,561
Net result for the year
+€35,400
Depreciation
+€92,578
Receivables within one year
+€4,336
Deferred charges and accrued income
+€3,032
Provisions
+€134,505
Trade debts
-€26,632
Tax, wage and social debts
-€153
Other debts
+€11,495
Financing
-€254,428
Debts after one year
-€143,263
Current portion of long-term debt
+€28,020
Contributions, distributions and other
-€139,186
Cash 2024
€199
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,781,064 | €2,681,251 | -€99,813 | -3.6% |
| Formation expenses | 20 | €7,626 | - | -€7,626 | |
| Fixed assets | 21/28 | €2,371,125 | €2,286,174 | -€84,952 | -3.6% |
| Tangible fixed assets | 22/27 | €2,365,125 | €2,280,174 | -€84,952 | -3.6% |
| Plant, machinery and equipment | 23 | €112,978 | €106,082 | -€6,896 | -6.1% |
| Furniture and vehicles | 24 | €1,341 | €557 | -€785 | -58.5% |
| Leasing and similar rights | 25 | €2,250,807 | €2,173,536 | -€77,271 | -3.4% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €402,313 | €395,077 | -€7,236 | -1.8% |
| Amounts receivable within one year | 40/41 | €330,045 | €325,709 | -€4,336 | -1.3% |
| Trade receivables | 40 | €11,871 | €1,791 | -€10,080 | -84.9% |
| Other amounts receivable | 41 | €318,174 | €323,918 | +€5,744 | +1.8% |
| Cash at bank and in hand | 54/58 | €66 | €199 | +€133 | +200.3% |
| Deferred charges and accrued income | 490/1 | €72,201 | €69,169 | -€3,032 | -4.2% |
| Total equity and liabilities | 10/49 | €2,781,064 | €2,681,251 | -€99,813 | -3.6% |
| Equity | 10/15 | €619,072 | €515,286 | -€103,785 | -16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €424,166 | €305,761 | -€118,405 | -27.9% |
| Reserves | 13 | €59,825 | €76,309 | +€16,484 | +27.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,965 | €74,449 | +€16,484 | +28.4% |
| Profit (loss) carried forward | 14 | -€18,538 | €16,862 | +€35,400 | |
| Investment grants | 15 | €135,020 | €97,754 | -€37,265 | -27.6% |
| Provisions and deferred taxes | 16 | - | €134,505 | +€134,505 | |
| Deferred taxes | 168 | - | €134,505 | +€134,505 | |
| Amounts payable | 17/49 | €2,161,992 | €2,031,459 | -€130,533 | -6.0% |
| Amounts payable after more than one year | 17 | €1,499,257 | €1,355,994 | -€143,263 | -9.6% |
| Financial debts | 170/4 | €1,499,257 | €1,355,994 | -€143,263 | -9.6% |
| Amounts payable within one year | 42/48 | €662,735 | €675,465 | +€12,730 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €140,583 | €168,604 | +€28,020 | +19.9% |
| Trade debts | 44 | €70,825 | €44,192 | -€26,632 | -37.6% |
| Suppliers | 440/4 | €70,825 | €44,192 | -€26,632 | -37.6% |
| Taxes, remuneration and social security | 45 | €153 | - | -€153 | |
| Remuneration and social security | 454/9 | €153 | - | -€153 | |
| Other amounts payable | 47/48 | €451,174 | €462,669 | +€11,495 | +2.5% |
| Non-recurring operating income | 76A | - | €6,434 | +€6,434 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,232 | €92,578 | -€655 | -0.7% |
| Other operating charges | 640/8 | €1,412 | €1,742 | +€331 | +23.4% |
| Non-recurring operating charges | 66A | - | €2,451 | +€2,451 | |
| Gross operating margin | 9900 | €92,356 | €165,617 | +€73,261 | +79.3% |
| Operating profit (loss) | 9901 | -€2,288 | €68,847 | +€71,135 | |
| Financial income | 75/76B | €4,681 | €3,664 | -€1,017 | -21.7% |
| Recurring financial income | 75 | €4,681 | €3,664 | -€1,017 | -21.7% |
| Financial charges | 65/66B | €38,279 | €38,280 | +€2 | 0.0% |
| Recurring financial charges | 65 | €35,828 | €38,280 | +€2,452 | +6.8% |
| Non-recurring financial charges | 66B | €2,451 | - | -€2,451 | |
| Profit (loss) for the period before taxes | 9903 | -€35,886 | €34,230 | +€70,116 | |
| Transfer from deferred taxes | 780 | - | €1,170 | +€1,170 | |
| Profit (loss) for the period | 9904 | -€35,886 | €35,400 | +€71,286 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,886 | €35,400 | +€71,286 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.