D.N.E.R.: 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.N.E.R.
Largest movements
- Tangible fixed assets -€83,095
down €83,095 (-14.3%), from €580,336 to €497,241
of which Furniture and vehicles: -€50,811
- Receivables within one year -€65,944
down €65,944 (-18.8%), from €350,239 to €284,295
of which Other amounts receivable: -€49,838
- Cash +€29,355
up €29,355 (+138.3%), from €21,229 to €50,584
mainly Depreciation (+€93,328) and Receivables within one year (+€65,944)
- Receivables after one year -€12,000
down €12,000 (-23.2%), from €51,800 to €39,800
- Profit (loss) carried forward -€142,748
down €142,748 (-23.6%), from €605,945 to €463,197
- Trade debts +€35,786
new in 2024: €35,786
- Debts after one year -€34,019
down €34,019 (-11.9%), from €284,975 to €250,955
of which Financial debts: -€34,019
- Short-term financial debts +€20,896
new in 2024: €20,896
- Current portion of long-term debt -€14,536
down €14,536 (-29.9%), from €48,555 to €34,019
- Turnover -€3.7m
down €3.7m (-66.5%), from €5.5m to €1.9m
- Purchases and services -€3.3m
down €3.3m (-62.7%), from €5.3m to €2.0m
- Gross operating margin -€344,768
down €344,768, from €314,591 to -€30,177
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 | €1,009,004 | €877,320 | -€131,683 | -13.1% |
| Fixed assets | 21/28 | €585,736 | €502,641 | -€83,095 | -14.2% |
| Tangible fixed assets | 22/27 | €580,336 | €497,241 | -€83,095 | -14.3% |
| Land and buildings | 22 | €367,455 | €357,030 | -€10,424 | -2.8% |
| Plant, machinery and equipment | 23 | €70,655 | €52,420 | -€18,235 | -25.8% |
| Furniture and vehicles | 24 | €138,056 | €87,245 | -€50,811 | -36.8% |
| Other tangible fixed assets | 26 | €4,170 | €546 | -€3,624 | -86.9% |
| Financial fixed assets | 28 | €5,400 | €5,400 | = | 0.0% |
| Current assets | 29/58 | €423,268 | €374,679 | -€48,589 | -11.5% |
| Amounts receivable after more than one year | 29 | €51,800 | €39,800 | -€12,000 | -23.2% |
| Other amounts receivable | 291 | €51,800 | €39,800 | -€12,000 | -23.2% |
| Amounts receivable within one year | 40/41 | €350,239 | €284,295 | -€65,944 | -18.8% |
| Trade receivables | 40 | €225,871 | €209,765 | -€16,106 | -7.1% |
| Other amounts receivable | 41 | €124,368 | €74,530 | -€49,838 | -40.1% |
| Cash at bank and in hand | 54/58 | €21,229 | €50,584 | +€29,355 | +138.3% |
| Total equity and liabilities | 10/49 | €1,009,004 | €877,320 | -€131,683 | -13.1% |
| Equity | 10/15 | €658,155 | €515,407 | -€142,748 | -21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,610 | €33,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,750 | €31,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €605,945 | €463,197 | -€142,748 | -23.6% |
| Amounts payable | 17/49 | €350,849 | €361,913 | +€11,065 | +3.2% |
| Amounts payable after more than one year | 17 | €284,975 | €250,955 | -€34,019 | -11.9% |
| Financial debts | 170/4 | €282,242 | €248,223 | -€34,019 | -12.1% |
| Other amounts payable | 178/9 | €2,732 | €2,732 | = | 0.0% |
| Amounts payable within one year | 42/48 | €65,874 | €110,958 | +€45,084 | +68.4% |
| Current portion of amounts payable after more than one year | 42 | €48,555 | €34,019 | -€14,536 | -29.9% |
| Financial debts | 43 | - | €20,896 | +€20,896 | |
| Credit institutions | 430/8 | - | €20,896 | +€20,896 | |
| Trade debts | 44 | - | €35,786 | +€35,786 | |
| Suppliers | 440/4 | - | €35,786 | +€35,786 | |
| Taxes, remuneration and social security | 45 | €14,783 | €17,595 | +€2,812 | +19.0% |
| Taxes | 450/3 | €6,294 | €17,595 | +€11,302 | +179.6% |
| Remuneration and social security | 454/9 | €8,489 | - | -€8,489 | |
| Other amounts payable | 47/48 | €2,536 | €2,661 | +€125 | +4.9% |
| Turnover | 70 | €5,547,058 | €1,856,879 | -€3.7m | -66.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,282,831 | €1,971,498 | -€3.3m | -62.7% |
| Remuneration, social security and pensions | 62 | €55,316 | - | -€55,316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,061 | €93,328 | -€14,733 | -13.6% |
| Other operating charges | 640/8 | €12,247 | €10,184 | -€2,062 | -16.8% |
| Gross operating margin | 9900 | €314,591 | -€30,177 | -€344,768 | |
| Operating profit (loss) | 9901 | €138,967 | -€133,690 | -€272,657 | |
| Financial income | 75/76B | €1,369 | €997 | -€372 | -27.2% |
| Recurring financial income | 75 | €1,369 | €997 | -€372 | -27.2% |
| Financial charges | 65/66B | €10,963 | €9,836 | -€1,127 | -10.3% |
| Recurring financial charges | 65 | €10,963 | €9,836 | -€1,127 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €129,373 | -€142,529 | -€271,902 | |
| Income taxes | 67/77 | €31,378 | €219 | -€31,159 | -99.3% |
| Profit (loss) for the period | 9904 | €97,995 | -€142,748 | -€240,743 | |
| Profit (loss) for the period to be appropriated | 9905 | €97,995 | -€142,748 | -€240,743 |
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.