D & A+: 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.
D & A+
Largest movements
- Receivables within one year -€29,820
down €29,820 (-45.1%), from €66,148 to €36,328
of which Trade receivables: -€33,152
- Stocks and contracts +€7,500
new in 2024: €7,500
- Tangible fixed assets +€7,259
up €7,259 (+326.0%), from €2,227 to €9,486
of which Furniture and vehicles: +€7,518
- Cash -€3,357
down €3,357 (-18.9%), from €17,733 to €14,376
mainly Net result for the year (-€25,265) and Investment in fixed assets (net) (-€8,970)
- Profit (loss) carried forward -€25,265
down €25,265, from €15,626 to -€9,639
- Trade debts +€17,085
up €17,085 (+303.5%), from €5,630 to €22,715
- Tax, wage and social debts -€4,256
no longer reported in 2024 (was €4,256)
of which Remuneration and social security: -€2,380
- Advances received -€3,124
no longer reported in 2024 (was €3,124)
- Other debts -€2,858
down €2,858 (-14.2%), from €20,184 to €17,327
- Gross operating margin -€86,398
down €86,398 (-97.9%), from €88,260 to €1,861
- Taxes +€8,354
up €8,354 (+930.7%), from €898 to €9,252
- Staff costs +€7,326
up €7,326 (+129.4%), from €5,660 to €12,985
- Other operating charges -€3,559
down €3,559 (-72.7%), from €4,899 to €1,340
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 | €88,207 | €69,789 | -€18,418 | -20.9% |
| Fixed assets | 21/28 | €4,327 | €11,586 | +€7,259 | +167.8% |
| Tangible fixed assets | 22/27 | €2,227 | €9,486 | +€7,259 | +326.0% |
| Plant, machinery and equipment | 23 | €696 | €437 | -€259 | -37.2% |
| Furniture and vehicles | 24 | €1,531 | €9,049 | +€7,518 | +491.1% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €83,881 | €58,203 | -€25,677 | -30.6% |
| Stocks and contracts in progress | 3 | - | €7,500 | +€7,500 | |
| Stocks | 30/36 | - | €7,500 | +€7,500 | |
| Amounts receivable within one year | 40/41 | €66,148 | €36,328 | -€29,820 | -45.1% |
| Trade receivables | 40 | €66,148 | €32,996 | -€33,152 | -50.1% |
| Other amounts receivable | 41 | - | €3,332 | +€3,332 | |
| Cash at bank and in hand | 54/58 | €17,733 | €14,376 | -€3,357 | -18.9% |
| Total equity and liabilities | 10/49 | €88,207 | €69,789 | -€18,418 | -20.9% |
| Equity | 10/15 | €55,012 | €29,747 | -€25,265 | -45.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,787 | €20,787 | = | 0.0% |
| 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 | €18,927 | €18,927 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,626 | -€9,639 | -€25,265 | |
| Amounts payable | 17/49 | €33,195 | €40,042 | +€6,847 | +20.6% |
| Amounts payable within one year | 42/48 | €33,195 | €40,042 | +€6,847 | +20.6% |
| Trade debts | 44 | €5,630 | €22,715 | +€17,085 | +303.5% |
| Suppliers | 440/4 | €5,630 | €22,715 | +€17,085 | +303.5% |
| Advances received on contracts in progress | 46 | €3,124 | - | -€3,124 | |
| Taxes, remuneration and social security | 45 | €4,256 | - | -€4,256 | |
| Taxes | 450/3 | €1,876 | - | -€1,876 | |
| Remuneration and social security | 454/9 | €2,380 | - | -€2,380 | |
| Other amounts payable | 47/48 | €20,184 | €17,327 | -€2,858 | -14.2% |
| Remuneration, social security and pensions | 62 | €5,660 | €12,985 | +€7,326 | +129.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,790 | €1,711 | -€79 | -4.4% |
| Other operating charges | 640/8 | €4,899 | €1,340 | -€3,559 | -72.7% |
| Non-recurring operating charges | 66A | - | €1,350 | +€1,350 | |
| Gross operating margin | 9900 | €88,260 | €1,861 | -€86,398 | -97.9% |
| Operating profit (loss) | 9901 | €75,911 | -€15,525 | -€91,436 | |
| Financial income | 75/76B | €2 | €28 | +€26 | +1634.6% |
| Recurring financial income | 75 | €2 | €28 | +€26 | +1634.6% |
| Financial charges | 65/66B | €309 | €516 | +€207 | +67.1% |
| Recurring financial charges | 65 | €309 | €516 | +€207 | +67.1% |
| Profit (loss) for the period before taxes | 9903 | €75,604 | -€16,013 | -€91,617 | |
| Income taxes | 67/77 | €898 | €9,252 | +€8,354 | +930.7% |
| Profit (loss) for the period | 9904 | €74,706 | -€25,265 | -€99,971 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,706 | -€25,265 | -€99,971 |
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 12 October 2026 via checked.be.