D-BOX: 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.
D-BOX
Largest movements
- Receivables within one year +€68,767
up €68,767 (+521.8%), from €13,179 to €81,946
of which Trade receivables: +€72,402
- Tangible fixed assets -€15,096
down €15,096 (-22.6%), from €66,803 to €51,707
- Reserves +€127,634
up €127,634 (+14.3%), from €895,017 to €1.0m
of which Distributable reserves: +€127,634
- Tax, wage and social debts -€43,917
down €43,917 (-91.5%), from €48,021 to €4,104
- Other debts -€20,081
down €20,081 (-39.7%), from €50,534 to €30,453
- Debts after one year -€12,862
down €12,862 (-26.1%), from €49,206 to €36,343
- Financial income -€24,904
down €24,904 (-20.0%), from €124,519 to €99,615
- Taxes +€15,024
up €15,024 (+7284.9%), from €206 to €15,230
- Financial charges -€3,803
down €3,803 (-46.3%), from €8,214 to €4,411
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 | €1,090,322 | €1,146,950 | +€56,628 | +5.2% |
| Fixed assets | 21/28 | €1,062,985 | €1,047,888 | -€15,096 | -1.4% |
| Tangible fixed assets | 22/27 | €66,803 | €51,707 | -€15,096 | -22.6% |
| Land and buildings | 22 | €66,803 | €51,707 | -€15,096 | -22.6% |
| Financial fixed assets | 28 | €996,182 | €996,182 | = | 0.0% |
| Current assets | 29/58 | €27,337 | €99,062 | +€71,724 | +262.4% |
| Amounts receivable within one year | 40/41 | €13,179 | €81,946 | +€68,767 | +521.8% |
| Trade receivables | 40 | €9,274 | €81,676 | +€72,402 | +780.7% |
| Other amounts receivable | 41 | €3,905 | €270 | -€3,635 | -93.1% |
| Cash at bank and in hand | 54/58 | €12,434 | €13,801 | +€1,366 | +11.0% |
| Deferred charges and accrued income | 490/1 | €1,724 | €3,315 | +€1,591 | +92.3% |
| Total equity and liabilities | 10/49 | €1,090,322 | €1,146,950 | +€56,628 | +5.2% |
| Equity | 10/15 | €907,349 | €1,041,251 | +€133,902 | +14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €895,017 | €1,022,651 | +€127,634 | +14.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,986 | €4,986 | = | 0.0% |
| Distributable reserves | 133 | €890,031 | €1,017,665 | +€127,634 | +14.3% |
| Profit (loss) carried forward | 14 | -€6,268 | €0 | +€6,268 | |
| Provisions and deferred taxes | 16 | €19,165 | €19,165 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €19,165 | €19,165 | = | 0.0% |
| Pensions and similar obligations | 160 | €19,165 | €19,165 | = | 0.0% |
| Amounts payable | 17/49 | €163,808 | €86,534 | -€77,274 | -47.2% |
| Amounts payable after more than one year | 17 | €49,206 | €36,343 | -€12,862 | -26.1% |
| Financial debts | 170/4 | €49,206 | €36,343 | -€12,862 | -26.1% |
| Amounts payable within one year | 42/48 | €114,602 | €50,131 | -€64,471 | -56.3% |
| Current portion of amounts payable after more than one year | 42 | €12,239 | €12,862 | +€624 | +5.1% |
| Trade debts | 44 | €3,809 | €2,712 | -€1,097 | -28.8% |
| Suppliers | 440/4 | €3,809 | €2,712 | -€1,097 | -28.8% |
| Taxes, remuneration and social security | 45 | €48,021 | €4,104 | -€43,917 | -91.5% |
| Taxes | 450/3 | €48,021 | €4,104 | -€43,917 | -91.5% |
| Other amounts payable | 47/48 | €50,534 | €30,453 | -€20,081 | -39.7% |
| Accrued charges and deferred income | 492/3 | - | €59 | +€59 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,099 | €15,096 | -€3 | 0.0% |
| Other operating charges | 640/8 | €2,717 | €2,725 | +€8 | +0.3% |
| Gross operating margin | 9900 | €71,650 | €71,749 | +€99 | +0.1% |
| Operating profit (loss) | 9901 | €53,834 | €53,927 | +€94 | +0.2% |
| Financial income | 75/76B | €124,519 | €99,615 | -€24,904 | -20.0% |
| Recurring financial income | 75 | €124,519 | €99,615 | -€24,904 | -20.0% |
| Financial charges | 65/66B | €8,214 | €4,411 | -€3,803 | -46.3% |
| Recurring financial charges | 65 | €8,214 | €4,411 | -€3,803 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €170,139 | €149,132 | -€21,007 | -12.3% |
| Income taxes | 67/77 | €206 | €15,230 | +€15,024 | +7284.9% |
| Profit (loss) for the period | 9904 | €169,933 | €133,902 | -€36,031 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €169,933 | €133,902 | -€36,031 | -21.2% |
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 8 October 2026 via checked.be.