D.K.V.G.: 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.K.V.G.
Largest movements
- Receivables within one year +€152,448
up €152,448 (+32.4%), from €470,043 to €622,491
of which Other amounts receivable: +€193,560
- Tangible fixed assets -€36,514
down €36,514 (-14.6%), from €250,732 to €214,218
of which Leasing and similar rights: -€33,355
- Profit (loss) carried forward +€198,204
up €198,204 (+79.5%), from €249,366 to €447,570
- Trade debts -€91,548
down €91,548 (-66.2%), from €138,230 to €46,682
- Tax, wage and social debts +€61,487
up €61,487 (+137%), from €44,753 to €106,241
of which Taxes: +€77,246
- Current portion of long-term debt -€47,806
down €47,806 (-55.4%), from €86,287 to €38,481
- Other debts -€17,198
no longer reported in 2024 (was €17,198)
- Gross operating margin +€243,169
up €243,169 (+106%), from €229,567 to €472,735
- Purchases and services -€156,230
down €156,230 (-63.1%), from €247,450 to €91,220
- Taxes +€64,600
up €64,600 (+2,692%), from €2,400 to €67,000
- Staff costs -€22,735
down €22,735 (-13.5%), from €168,374 to €145,639
- Financial charges +€8,293
up €8,293 (+74.8%), from €11,080 to €19,373
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.
Derived cash bridge
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 | €743,078 | €857,686 | +€114,608 | +15.4% |
| Fixed assets | 21/28 | €258,672 | €221,618 | -€37,054 | -14.3% |
| Intangible fixed assets | 21 | €540 | - | -€540 | |
| Tangible fixed assets | 22/27 | €250,732 | €214,218 | -€36,514 | -14.6% |
| Land and buildings | 22 | €99,000 | €96,000 | -€3,000 | -3.0% |
| Plant, machinery and equipment | 23 | €14,288 | €12,005 | -€2,283 | -16.0% |
| Furniture and vehicles | 24 | €12,533 | €14,657 | +€2,124 | +16.9% |
| Leasing and similar rights | 25 | €124,911 | €91,556 | -€33,355 | -26.7% |
| Financial fixed assets | 28 | €7,400 | €7,400 | = | 0.0% |
| Current assets | 29/58 | €484,406 | €636,068 | +€151,662 | +31.3% |
| Stocks and contracts in progress | 3 | €720 | €720 | = | 0.0% |
| Stocks | 30/36 | €720 | €720 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €470,043 | €622,491 | +€152,448 | +32.4% |
| Trade receivables | 40 | €341,447 | €300,335 | -€41,112 | -12.0% |
| Other amounts receivable | 41 | €128,596 | €322,156 | +€193,560 | +151% |
| Cash at bank and in hand | 54/58 | €1,211 | €3,525 | +€2,314 | +191% |
| Deferred charges and accrued income | 490/1 | €12,432 | €9,332 | -€3,100 | -24.9% |
| Total equity and liabilities | 10/49 | €743,078 | €857,686 | +€114,608 | +15.4% |
| Equity | 10/15 | €271,366 | €469,570 | +€198,204 | +73.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €249,366 | €447,570 | +€198,204 | +79.5% |
| Amounts payable | 17/49 | €471,712 | €388,116 | -€83,596 | -17.7% |
| Amounts payable after more than one year | 17 | €185,243 | €196,713 | +€11,469 | +6.2% |
| Financial debts | 170/4 | €185,243 | €196,713 | +€11,469 | +6.2% |
| Amounts payable within one year | 42/48 | €286,468 | €191,403 | -€95,065 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €86,287 | €38,481 | -€47,806 | -55.4% |
| Trade debts | 44 | €138,230 | €46,682 | -€91,548 | -66.2% |
| Suppliers | 440/4 | €138,230 | €46,682 | -€91,548 | -66.2% |
| Taxes, remuneration and social security | 45 | €44,753 | €106,241 | +€61,487 | +137% |
| Taxes | 450/3 | €17,179 | €94,425 | +€77,246 | +450% |
| Remuneration and social security | 454/9 | €27,574 | €11,816 | -€15,758 | -57.1% |
| Other amounts payable | 47/48 | €17,198 | - | -€17,198 | |
| Non-recurring operating income | 76A | €220 | - | -€220 | |
| Goods, raw materials, services and sundry goods | 60/61 | €247,450 | €91,220 | -€156,230 | -63.1% |
| Remuneration, social security and pensions | 62 | €168,374 | €145,639 | -€22,735 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,512 | €42,554 | -€958 | -2.2% |
| Other operating charges | 640/8 | €1,521 | €1,338 | -€183 | -12.1% |
| Gross operating margin | 9900 | €229,567 | €472,735 | +€243,169 | +106% |
| Operating profit (loss) | 9901 | €16,159 | €283,204 | +€267,044 | +1,653% |
| Financial income | 75/76B | €0 | €1,374 | +€1,373 | +457,783% |
| Recurring financial income | 75 | €0 | €1,374 | +€1,373 | +457,783% |
| Financial charges | 65/66B | €11,080 | €19,373 | +€8,293 | +74.8% |
| Recurring financial charges | 65 | €11,080 | €19,373 | +€8,293 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €5,079 | €265,204 | +€260,124 | +5,121% |
| Income taxes | 67/77 | €2,400 | €67,000 | +€64,600 | +2,692% |
| Profit (loss) for the period | 9904 | €2,679 | €198,204 | +€195,524 | +7,297% |
| Profit (loss) for the period to be appropriated | 9905 | €2,679 | €198,204 | +€195,524 | +7,297% |
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 27 October 2026 via checked.be.