D.O.S.: 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.O.S.
Largest movements
- Receivables within one year +€63,262
up €63,262 (+27.7%), from €228,347 to €291,609
of which Trade receivables: +€56,805
- Cash +€50,837
up €50,837 (+50.8%), from €100,115 to €150,952
mainly Trade debts (+€61,173) and Net result for the year (+€53,415)
- Tangible fixed assets +€25,713
up €25,713 (+28.5%), from €90,193 to €115,905
of which Plant, machinery and equipment: +€37,731
- Trade debts +€61,173
up €61,173 (+63.7%), from €96,070 to €157,243
- Reserves +€53,415
up €53,415 (+23.5%), from €226,901 to €280,315
- Current portion of long-term debt +€27,835
up €27,835 (+178%), from €15,667 to €43,502
- Tax, wage and social debts -€14,462
down €14,462 (-81.2%), from €17,812 to €3,350
of which Taxes: -€13,116
- Debts after one year +€7,766
up €7,766 (+14.8%), from €52,349 to €60,115
- Gross operating margin +€80,809
up €80,809 (+127%), from €63,557 to €144,366
- Taxes +€16,924
up €16,924 (+463%), from €3,654 to €20,578
- Financial charges +€12,104
up €12,104 (+104%), from €11,689 to €23,793
- Depreciation +€6,424
up €6,424 (+26.0%), from €24,691 to €31,114
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 | €428,798 | €564,681 | +€135,883 | +31.7% |
| Fixed assets | 21/28 | €92,300 | €119,417 | +€27,117 | +29.4% |
| Intangible fixed assets | 21 | €582 | €1,986 | +€1,404 | +241% |
| Tangible fixed assets | 22/27 | €90,193 | €115,905 | +€25,713 | +28.5% |
| Land and buildings | 22 | €839 | €727 | -€112 | -13.3% |
| Plant, machinery and equipment | 23 | €40,917 | €78,648 | +€37,731 | +92.2% |
| Furniture and vehicles | 24 | €18,739 | €14,412 | -€4,327 | -23.1% |
| Leasing and similar rights | 25 | €29,698 | €22,118 | -€7,580 | -25.5% |
| Financial fixed assets | 28 | €1,525 | €1,525 | = | 0.0% |
| Current assets | 29/58 | €336,498 | €445,265 | +€108,767 | +32.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €228,347 | €291,609 | +€63,262 | +27.7% |
| Trade receivables | 40 | €110,549 | €167,354 | +€56,805 | +51.4% |
| Other amounts receivable | 41 | €117,798 | €124,255 | +€6,457 | +5.5% |
| Cash at bank and in hand | 54/58 | €100,115 | €150,952 | +€50,837 | +50.8% |
| Deferred charges and accrued income | 490/1 | €8,036 | €2,704 | -€5,332 | -66.3% |
| Total equity and liabilities | 10/49 | €428,798 | €564,681 | +€135,883 | +31.7% |
| Equity | 10/15 | €246,901 | €300,315 | +€53,415 | +21.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €226,901 | €280,315 | +€53,415 | +23.5% |
| Distributable reserves | 133 | €226,901 | €280,315 | +€53,415 | +23.5% |
| Amounts payable | 17/49 | €181,898 | €264,366 | +€82,469 | +45.3% |
| Amounts payable after more than one year | 17 | €52,349 | €60,115 | +€7,766 | +14.8% |
| Financial debts | 170/4 | €52,349 | €60,115 | +€7,766 | +14.8% |
| Amounts payable within one year | 42/48 | €129,549 | €204,215 | +€74,667 | +57.6% |
| Current portion of amounts payable after more than one year | 42 | €15,667 | €43,502 | +€27,835 | +178% |
| Financial debts | 43 | €0 | €120 | +€120 | |
| Credit institutions | 430/8 | €0 | €120 | +€120 | |
| Trade debts | 44 | €96,070 | €157,243 | +€61,173 | +63.7% |
| Suppliers | 440/4 | €96,070 | €157,243 | +€61,173 | +63.7% |
| Taxes, remuneration and social security | 45 | €17,812 | €3,350 | -€14,462 | -81.2% |
| Taxes | 450/3 | €14,616 | €1,500 | -€13,116 | -89.7% |
| Remuneration and social security | 454/9 | €3,196 | €1,850 | -€1,345 | -42.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €36 | +€36 | |
| Remuneration, social security and pensions | 62 | €14,440 | €14,897 | +€457 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,691 | €31,114 | +€6,424 | +26.0% |
| Other operating charges | 640/8 | €957 | €585 | -€373 | -38.9% |
| Gross operating margin | 9900 | €63,557 | €144,366 | +€80,809 | +127% |
| Operating profit (loss) | 9901 | €23,469 | €97,771 | +€74,302 | +317% |
| Financial income | 75/76B | €216 | €14 | -€202 | -93.5% |
| Recurring financial income | 75 | €216 | €14 | -€202 | -93.5% |
| Financial charges | 65/66B | €11,689 | €23,793 | +€12,104 | +104% |
| Recurring financial charges | 65 | €11,689 | €23,793 | +€12,104 | +104% |
| Profit (loss) for the period before taxes | 9903 | €11,996 | €73,993 | +€61,997 | +517% |
| Income taxes | 67/77 | €3,654 | €20,578 | +€16,924 | +463% |
| Profit (loss) for the period | 9904 | €8,342 | €53,415 | +€45,073 | +540% |
| Profit (loss) for the period to be appropriated | 9905 | €8,342 | €53,415 | +€45,073 | +540% |
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 14 October 2026 via checked.be.