D & I EXPRESS: 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 & I EXPRESS
Largest movements
- Cash +€118,603
up €118,603 (+199.1%), from €59,562 to €178,165
mainly Net result for the year (+€87,050) and Trade debts (+€56,391)
- Receivables within one year -€25,191
down €25,191 (-39.4%), from €63,975 to €38,784
of which Other amounts receivable: -€25,191
- Stocks and contracts +€12,502
up €12,502 (+431.5%), from €2,897 to €15,399
- Deferred charges and accrued income +€9,181
up €9,181, from €0 to €9,181
- Tangible fixed assets -€5,648
down €5,648 (-38.3%), from €14,736 to €9,088
of which Furniture and vehicles: -€4,615
- Profit (loss) carried forward +€57,050
up €57,050 (+154.4%), from €36,943 to €93,993
- Trade debts +€56,391
up €56,391 (+229.7%), from €24,549 to €80,940
- Current portion of long-term debt -€13,316
down €13,316 (-79.7%), from €16,704 to €3,388
- Tax, wage and social debts +€9,472
up €9,472 (+68.0%), from €13,927 to €23,399
of which Taxes: +€6,502
- Debts after one year -€5,150
down €5,150 (-100.0%), from €5,150 to €0
- Staff costs -€20,599
down €20,599 (-44.9%), from €45,901 to €25,302
- Gross operating margin +€7,886
up €7,886 (+5.3%), from €148,263 to €156,149
- Taxes +€7,417
up €7,417 (+52.9%), from €14,026 to €21,443
- Depreciation -€2,789
down €2,789 (-33.1%), from €8,437 to €5,648
- Other operating charges +€2,210
up €2,210 (+19.2%), from €11,516 to €13,726
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 | €141,170 | €250,617 | +€109,447 | +77.5% |
| Fixed assets | 21/28 | €14,736 | €9,088 | -€5,648 | -38.3% |
| Tangible fixed assets | 22/27 | €14,736 | €9,088 | -€5,648 | -38.3% |
| Plant, machinery and equipment | 23 | €6,196 | €5,163 | -€1,033 | -16.7% |
| Furniture and vehicles | 24 | €8,540 | €3,925 | -€4,615 | -54.0% |
| Current assets | 29/58 | €126,434 | €241,529 | +€115,095 | +91.0% |
| Stocks and contracts in progress | 3 | €2,897 | €15,399 | +€12,502 | +431.5% |
| Stocks | 30/36 | €2,897 | €15,399 | +€12,502 | +431.5% |
| Amounts receivable within one year | 40/41 | €63,975 | €38,784 | -€25,191 | -39.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €63,975 | €38,784 | -€25,191 | -39.4% |
| Cash at bank and in hand | 54/58 | €59,562 | €178,165 | +€118,603 | +199.1% |
| Deferred charges and accrued income | 490/1 | €0 | €9,181 | +€9,181 | |
| Total equity and liabilities | 10/49 | €141,170 | €250,617 | +€109,447 | +77.5% |
| Equity | 10/15 | €55,840 | €112,890 | +€57,050 | +102.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €297 | €297 | = | 0.0% |
| Non-distributable reserves | 130/1 | €297 | €297 | = | 0.0% |
| Reserves not available under the articles | 1311 | €297 | €297 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,943 | €93,993 | +€57,050 | +154.4% |
| Amounts payable | 17/49 | €85,330 | €137,727 | +€52,397 | +61.4% |
| Amounts payable after more than one year | 17 | €5,150 | €0 | -€5,150 | -100.0% |
| Financial debts | 170/4 | €5,150 | €0 | -€5,150 | -100.0% |
| Amounts payable within one year | 42/48 | €80,180 | €137,727 | +€57,547 | +71.8% |
| Current portion of amounts payable after more than one year | 42 | €16,704 | €3,388 | -€13,316 | -79.7% |
| Trade debts | 44 | €24,549 | €80,940 | +€56,391 | +229.7% |
| Suppliers | 440/4 | €24,549 | €80,940 | +€56,391 | +229.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €13,927 | €23,399 | +€9,472 | +68.0% |
| Taxes | 450/3 | €13,652 | €20,154 | +€6,502 | +47.6% |
| Remuneration and social security | 454/9 | €275 | €3,245 | +€2,970 | +1080.0% |
| Other amounts payable | 47/48 | €25,000 | €30,000 | +€5,000 | +20.0% |
| Remuneration, social security and pensions | 62 | €45,901 | €25,302 | -€20,599 | -44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,437 | €5,648 | -€2,789 | -33.1% |
| Other operating charges | 640/8 | €11,516 | €13,726 | +€2,210 | +19.2% |
| Non-recurring operating charges | 66A | €749 | €0 | -€749 | -100.0% |
| Gross operating margin | 9900 | €148,263 | €156,149 | +€7,886 | +5.3% |
| Operating profit (loss) | 9901 | €81,660 | €111,473 | +€29,813 | +36.5% |
| Financial income | 75/76B | €80 | - | -€80 | |
| Recurring financial income | 75 | €80 | - | -€80 | |
| Financial charges | 65/66B | €2,026 | €2,980 | +€954 | +47.1% |
| Recurring financial charges | 65 | €2,026 | €2,980 | +€954 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €79,714 | €108,493 | +€28,779 | +36.1% |
| Income taxes | 67/77 | €14,026 | €21,443 | +€7,417 | +52.9% |
| Profit (loss) for the period | 9904 | €65,688 | €87,050 | +€21,362 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,688 | €87,050 | +€21,362 | +32.5% |
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 4 October 2026 via checked.be.