D CONCEPT: 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 CONCEPT
Largest movements
- Receivables within one year -€27,224
down €27,224 (-80.3%), from €33,884 to €6,660
of which Trade receivables: -€27,524
- Tangible fixed assets -€6,093
down €6,093 (-31.8%), from €19,151 to €13,058
- Cash +€1,753
up €1,753 (+21.1%), from €8,300 to €10,053
mainly Receivables within one year (+€27,224) and Trade debts (+€18,735)
- Profit (loss) carried forward -€67,090
down €67,090 (-1407.4%), from -€4,767 to -€71,857
- Trade debts +€18,735
up €18,735 (+56.5%), from €33,144 to €51,879
- Tax, wage and social debts +€14,150
up €14,150 (+105.6%), from €13,405 to €27,554
of which Taxes: +€11,580
- Other debts +€2,858
up €2,858 (+26.5%), from €10,797 to €13,655
- Gross operating margin -€36,141
down €36,141 (-88.5%), from €40,823 to €4,683
- Taxes +€21,891
new in 2024: €21,891
- Staff costs +€5,777
up €5,777 (+32.3%), from €17,880 to €23,657
- Financial income -€2,421
down €2,421 (-99.5%), from €2,432 to €11
of which Non-recurring financial income: -€2,432
- Depreciation -€1,827
down €1,827 (-23.1%), from €7,920 to €6,093
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 | €91,179 | €59,832 | -€31,348 | -34.4% |
| Fixed assets | 21/28 | €47,864 | €41,771 | -€6,093 | -12.7% |
| Tangible fixed assets | 22/27 | €19,151 | €13,058 | -€6,093 | -31.8% |
| Plant, machinery and equipment | 23 | €5,056 | €3,056 | -€2,000 | -39.6% |
| Furniture and vehicles | 24 | €7,831 | €5,178 | -€2,653 | -33.9% |
| Other tangible fixed assets | 26 | €6,264 | €4,825 | -€1,440 | -23.0% |
| Financial fixed assets | 28 | €28,713 | €28,713 | = | 0.0% |
| Current assets | 29/58 | €43,315 | €18,060 | -€25,255 | -58.3% |
| Stocks and contracts in progress | 3 | €1,131 | €1,347 | +€216 | +19.1% |
| Stocks | 30/36 | €1,131 | €1,347 | +€216 | +19.1% |
| Amounts receivable within one year | 40/41 | €33,884 | €6,660 | -€27,224 | -80.3% |
| Trade receivables | 40 | €33,581 | €6,057 | -€27,524 | -82.0% |
| Other amounts receivable | 41 | €303 | €603 | +€301 | +99.4% |
| Cash at bank and in hand | 54/58 | €8,300 | €10,053 | +€1,753 | +21.1% |
| Total equity and liabilities | 10/49 | €91,179 | €59,832 | -€31,348 | -34.4% |
| Equity | 10/15 | €13,833 | -€53,257 | -€67,090 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,767 | -€71,857 | -€67,090 | -1407.4% |
| Amounts payable | 17/49 | €77,346 | €113,088 | +€35,742 | +46.2% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,346 | €93,088 | +€35,742 | +62.3% |
| Trade debts | 44 | €33,144 | €51,879 | +€18,735 | +56.5% |
| Suppliers | 440/4 | €33,144 | €51,879 | +€18,735 | +56.5% |
| Taxes, remuneration and social security | 45 | €13,405 | €27,554 | +€14,150 | +105.6% |
| Taxes | 450/3 | €11,229 | €22,810 | +€11,580 | +103.1% |
| Remuneration and social security | 454/9 | €2,176 | €4,745 | +€2,569 | +118.1% |
| Other amounts payable | 47/48 | €10,797 | €13,655 | +€2,858 | +26.5% |
| Remuneration, social security and pensions | 62 | €17,880 | €23,657 | +€5,777 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,920 | €6,093 | -€1,827 | -23.1% |
| Other operating charges | 640/8 | €7,584 | €7,216 | -€368 | -4.8% |
| Non-recurring operating charges | 66A | - | €10,860 | +€10,860 | |
| Gross operating margin | 9900 | €40,823 | €4,683 | -€36,141 | -88.5% |
| Operating profit (loss) | 9901 | €7,439 | -€43,144 | -€50,583 | |
| Financial income | 75/76B | €2,432 | €11 | -€2,421 | -99.5% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +2643.9% |
| Non-recurring financial income | 76B | €2,432 | - | -€2,432 | |
| Financial charges | 65/66B | €2,151 | €2,066 | -€86 | -4.0% |
| Recurring financial charges | 65 | €2,151 | €2,066 | -€86 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €7,720 | -€45,198 | -€52,918 | |
| Income taxes | 67/77 | - | €21,891 | +€21,891 | |
| Profit (loss) for the period | 9904 | €7,720 | -€67,090 | -€74,809 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,720 | -€67,090 | -€74,809 |
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.