D-SIDE: 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.
What changed
D-SIDE
NACE 82.300, Organisation of conventions and trade shows
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1.4m
2023 · €972,571+€394,564
Equity
€2.9m
2023 · €1.8m+€1.1m
Cash
€2.4m
2023 · €468,767+€1.9m
Balance sheet total
€11.3m
2023 · €9.1m+€2.2m
Largest movements
Assets
- Cash +€1.9m
up €1.9m (+404.5%), from €468,767 to €2.4m
mainly Net result for the year (+€1.4m) and Accrued charges and deferred income (+€901,027)
- Receivables within one year +€302,572
up €302,572 (+3.8%), from €8.0m to €8.3m
of which Other amounts receivable: +€1.1m
Equity and liabilities
- Profit (loss) carried forward +€1.1m
up €1.1m (+336.1%), from €324,956 to €1.4m
- Accrued charges and deferred income +€901,027
up €901,027 (+45.2%), from €2.0m to €2.9m
Income statement
- Turnover +€4.1m
up €4.1m (+18.0%), from €22.5m to €26.6m
- Goods and materials +€3.7m
up €3.7m (+21.6%), from €17.0m to €20.7m
- Staff costs -€417,874
down €417,874 (-20.7%), from €2.0m to €1.6m
- Services and other goods +€389,662
up €389,662 (+16.5%), from €2.4m to €2.8m
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.
Result 2023
€972,571
Turnover
+€4.1m
Other operating income
+€97,150
Goods and materials
-€3.7m
Services and other goods
-€389,662
Staff costs
+€417,874
Depreciation
-€5,549
Write-downs
-€2,954
Other operating charges
+€5,124
Other operating items
-€6,062
Financial income
+€52,426
Financial charges
-€8,409
Taxes
-€159,393
Result 2024
€1.4m
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.
From operations
+€2.2m
Investment
-€67,943
Financing
-€263,533
Cash 2023
€468,767
From operations (derived)
+€2.2m
Net result for the year
+€1.4m
Depreciation
+€96,912
Receivables within one year
-€302,572
Deferred charges and accrued income
-€47,816
Trade debts
+€81,233
Tax, wage and social debts
+€44,029
Other debts
+€87,655
Accrued charges and deferred income
+€901,027
Investment (derived)
-€67,943
Investment in fixed assets (net)
-€67,943
Financing
-€263,533
Debts after one year
+€9,097
Current portion of long-term debt
+€2,370
Contributions, distributions and other
-€275,000
Cash 2024
€2.4m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,060,613 | €11,278,159 | +€2.2m | +24.5% |
| Fixed assets | 21/28 | €394,477 | €365,508 | -€28,969 | -7.3% |
| Tangible fixed assets | 22/27 | €282,277 | €260,308 | -€21,969 | -7.8% |
| Land and buildings | 22 | €27,110 | €27,110 | = | 0.0% |
| Plant, machinery and equipment | 23 | €63,492 | €43,133 | -€20,359 | -32.1% |
| Furniture and vehicles | 24 | €101,783 | €130,457 | +€28,674 | +28.2% |
| Other tangible fixed assets | 26 | €89,892 | €59,608 | -€30,284 | -33.7% |
| Financial fixed assets | 28 | €112,200 | €105,200 | -€7,000 | -6.2% |
| Other financial fixed assets | 284/8 | €112,200 | €105,200 | -€7,000 | -6.2% |
| Shares | 284 | €5,200 | €5,200 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €107,000 | €100,000 | -€7,000 | -6.5% |
| Current assets | 29/58 | €8,666,136 | €10,912,651 | +€2.2m | +25.9% |
| Amounts receivable within one year | 40/41 | €7,950,695 | €8,253,267 | +€302,572 | +3.8% |
| Trade receivables | 40 | €6,687,796 | €5,862,975 | -€824,821 | -12.3% |
| Other amounts receivable | 41 | €1,262,899 | €2,390,292 | +€1.1m | +89.3% |
| Cash at bank and in hand | 54/58 | €468,767 | €2,364,894 | +€1.9m | +404.5% |
| Deferred charges and accrued income | 490/1 | €246,674 | €294,490 | +€47,816 | +19.4% |
| Total equity and liabilities | 10/49 | €9,060,613 | €11,278,159 | +€2.2m | +24.5% |
| Equity | 10/15 | €1,775,921 | €2,868,056 | +€1.1m | +61.5% |
| Contributions | 10/11 | €1,250,175 | €1,250,175 | = | 0.0% |
| Capital | 10 | €1,250,175 | €1,250,175 | = | 0.0% |
| Issued capital | 100 | €1,250,175 | €1,250,175 | = | 0.0% |
| Reserves | 13 | €200,790 | €200,790 | = | 0.0% |
| Non-distributable reserves | 130/1 | €125,017 | €125,017 | = | 0.0% |
| Legal reserve | 130 | €125,017 | €125,017 | = | 0.0% |
| Distributable reserves | 133 | €75,773 | €75,773 | = | 0.0% |
| Profit (loss) carried forward | 14 | €324,956 | €1,417,091 | +€1.1m | +336.1% |
| Amounts payable | 17/49 | €7,284,692 | €8,410,103 | +€1.1m | +15.4% |
| Amounts payable after more than one year | 17 | €43,991 | €53,088 | +€9,097 | +20.7% |
| Financial debts | 170/4 | €43,991 | €53,088 | +€9,097 | +20.7% |
| Credit institutions | 173 | €43,991 | €53,088 | +€9,097 | +20.7% |
| Amounts payable within one year | 42/48 | €5,248,326 | €5,463,613 | +€215,287 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €23,795 | €26,165 | +€2,370 | +10.0% |
| Trade debts | 44 | €4,111,845 | €4,193,078 | +€81,233 | +2.0% |
| Suppliers | 440/4 | €4,111,845 | €4,193,078 | +€81,233 | +2.0% |
| Taxes, remuneration and social security | 45 | €862,686 | €906,715 | +€44,029 | +5.1% |
| Taxes | 450/3 | €691,008 | €707,030 | +€16,022 | +2.3% |
| Remuneration and social security | 454/9 | €171,678 | €199,685 | +€28,007 | +16.3% |
| Other amounts payable | 47/48 | €250,000 | €337,655 | +€87,655 | +35.1% |
| Accrued charges and deferred income | 492/3 | €1,992,375 | €2,893,402 | +€901,027 | +45.2% |
| Operating income | 70/76A | €22,775,372 | €26,914,165 | +€4.1m | +18.2% |
| Turnover | 70 | €22,509,592 | €26,568,533 | +€4.1m | +18.0% |
| Other operating income | 74 | €241,732 | €338,882 | +€97,150 | +40.2% |
| Non-recurring operating income | 76A | €24,048 | €6,750 | -€17,298 | -71.9% |
| Operating charges | 60/66A | €21,539,140 | €25,167,993 | +€3.6m | +16.8% |
| Goods for resale, raw materials and consumables | 60 | €16,990,968 | €20,655,890 | +€3.7m | +21.6% |
| Purchases | 600/8 | €16,990,968 | €20,655,890 | +€3.7m | +21.6% |
| Services and other goods | 61 | €2,368,149 | €2,757,811 | +€389,662 | +16.5% |
| Remuneration, social security and pensions | 62 | €2,018,383 | €1,600,509 | -€417,874 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,363 | €96,912 | +€5,549 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,954 | - | +€2,954 | |
| Other operating charges | 640/8 | €61,995 | €56,871 | -€5,124 | -8.3% |
| Non-recurring operating charges | 66A | €11,236 | - | -€11,236 | |
| Operating profit (loss) | 9901 | €1,236,232 | €1,746,172 | +€509,940 | +41.2% |
| Financial income | 75/76B | €11,986 | €64,412 | +€52,426 | +437.4% |
| Recurring financial income | 75 | €11,986 | €64,412 | +€52,426 | +437.4% |
| Income from financial fixed assets | 750 | €1,817 | €52,781 | +€50,964 | +2804.8% |
| Other financial income | 752/9 | €10,169 | €11,631 | +€1,462 | +14.4% |
| Financial charges | 65/66B | €4,313 | €12,722 | +€8,409 | +195.0% |
| Recurring financial charges | 65 | €15,549 | €12,722 | -€2,827 | -18.2% |
| Debt charges | 650 | €2,870 | €5,474 | +€2,604 | +90.7% |
| Other financial charges | 652/9 | €12,679 | €7,248 | -€5,431 | -42.8% |
| Non-recurring financial charges | 66B | -€11,236 | - | +€11,236 | |
| Profit (loss) for the period before taxes | 9903 | €1,243,905 | €1,797,862 | +€553,957 | +44.5% |
| Income taxes | 67/77 | €271,334 | €430,727 | +€159,393 | +58.7% |
| Taxes | 670/3 | €271,334 | €430,727 | +€159,393 | +58.7% |
| Profit (loss) for the period | 9904 | €972,571 | €1,367,135 | +€394,564 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €972,571 | €1,367,135 | +€394,564 | +40.6% |
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.