D - SIDE COMMUNICATION GROUP: 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.
What changed
D - SIDE COMMUNICATION GROUP
NACE 64.210, Activities of holding companies
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€171,085
2023 · €1.7m-€1.5m
Equity
€1.7m
2023 · €1.6m+€61,116
Cash
€53,521
2023 · €27,338+€26,183
Balance sheet total
€5.9m
2023 · €4.9m+€1.0m
Largest movements
Assets
- Receivables within one year +€993,180
up €993,180 (+174.1%), from €570,364 to €1.6m
of which Trade receivables: +€774,870
Equity and liabilities
- Other debts +€968,285
up €968,285 (+36.3%), from €2.7m to €3.6m
- Trade debts +€188,910
up €188,910 (+85.0%), from €222,344 to €411,254
- Tax, wage and social debts -€176,465
down €176,465 (-52.0%), from €339,514 to €163,049
of which Taxes: -€180,119
- Profit (loss) carried forward +€61,116
up €61,116 (+13.0%), from €471,814 to €532,930
Income statement
- Financial income -€1.4m
down €1.4m (-82.1%), from €1.7m to €310,302
- Services and other goods +€73,724
up €73,724 (+9.5%), from €772,444 to €846,168
- Financial charges +€60,441
up €60,441 (+330.3%), from €18,299 to €78,740
- Taxes -€46,314
down €46,314 (-39.4%), from €117,529 to €71,215
- Turnover +€25,831
up €25,831 (+2.2%), from €1.2m to €1.2m
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
€1.7m
Turnover
+€25,831
Goods and materials
-€24,853
Services and other goods
-€73,724
Staff costs
-€16,243
Depreciation
-€1,625
Other operating charges
-€3,379
Other operating items
-€8,456
Financial income
-€1.4m
Financial charges
-€60,441
Taxes
+€46,314
Result 2024
€171,085
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
+€155,648
Investment
-€19,496
Financing
-€109,969
Cash 2023
€27,338
From operations (derived)
+€155,648
Net result for the year
+€171,085
Depreciation
+€7,267
Receivables after one year
-€28,996
Receivables within one year
-€993,180
Deferred charges and accrued income
+€18,742
Trade debts
+€188,910
Tax, wage and social debts
-€176,465
Other debts
+€968,285
Investment (derived)
-€19,496
Investment in fixed assets (net)
-€19,496
Financing
-€109,969
Contributions, distributions and other
-€109,969
Cash 2024
€53,521
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,873,131 | €5,914,977 | +€1.0m | +21.4% |
| Fixed assets | 21/28 | €4,185,925 | €4,198,154 | +€12,229 | +0.3% |
| Tangible fixed assets | 22/27 | €15,516 | €27,745 | +€12,229 | +78.8% |
| Furniture and vehicles | 24 | €15,516 | €27,745 | +€12,229 | +78.8% |
| Financial fixed assets | 28 | €4,170,409 | €4,170,409 | = | 0.0% |
| Affiliated companies | 280/1 | €4,117,267 | €4,117,267 | = | 0.0% |
| Participating interests | 280 | €4,117,267 | €4,117,267 | = | 0.0% |
| Other financial fixed assets | 284/8 | €53,142 | €53,142 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €53,142 | €53,142 | = | 0.0% |
| Current assets | 29/58 | €687,206 | €1,716,823 | +€1.0m | +149.8% |
| Amounts receivable after more than one year | 29 | €12,000 | €40,996 | +€28,996 | +241.6% |
| Other amounts receivable | 291 | €12,000 | €40,996 | +€28,996 | +241.6% |
| Amounts receivable within one year | 40/41 | €570,364 | €1,563,544 | +€993,180 | +174.1% |
| Trade receivables | 40 | €567,375 | €1,342,245 | +€774,870 | +136.6% |
| Other amounts receivable | 41 | €2,989 | €221,299 | +€218,310 | +7303.8% |
| Cash at bank and in hand | 54/58 | €27,338 | €53,521 | +€26,183 | +95.8% |
| Deferred charges and accrued income | 490/1 | €77,504 | €58,762 | -€18,742 | -24.2% |
| Total equity and liabilities | 10/49 | €4,873,131 | €5,914,977 | +€1.0m | +21.4% |
| Equity | 10/15 | €1,646,869 | €1,707,985 | +€61,116 | +3.7% |
| Contributions | 10/11 | €1,000,050 | €1,000,050 | = | 0.0% |
| Capital | 10 | €1,000,050 | €1,000,050 | = | 0.0% |
| Issued capital | 100 | €1,000,050 | €1,000,050 | = | 0.0% |
| Reserves | 13 | €175,005 | €175,005 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,005 | €100,005 | = | 0.0% |
| Legal reserve | 130 | €100,005 | €100,005 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €471,814 | €532,930 | +€61,116 | +13.0% |
| Amounts payable | 17/49 | €3,226,262 | €4,206,992 | +€980,730 | +30.4% |
| Amounts payable within one year | 42/48 | €3,226,262 | €4,206,992 | +€980,730 | +30.4% |
| Trade debts | 44 | €222,344 | €411,254 | +€188,910 | +85.0% |
| Suppliers | 440/4 | €222,344 | €411,254 | +€188,910 | +85.0% |
| Taxes, remuneration and social security | 45 | €339,514 | €163,049 | -€176,465 | -52.0% |
| Taxes | 450/3 | €328,508 | €148,389 | -€180,119 | -54.8% |
| Remuneration and social security | 454/9 | €11,006 | €14,660 | +€3,654 | +33.2% |
| Other amounts payable | 47/48 | €2,664,404 | €3,632,689 | +€968,285 | +36.3% |
| Operating income | 70/76A | €1,173,221 | €1,195,601 | +€22,380 | +1.9% |
| Turnover | 70 | €1,169,770 | €1,195,601 | +€25,831 | +2.2% |
| Non-recurring operating income | 76A | €3,451 | - | -€3,451 | |
| Operating charges | 60/66A | €1,060,034 | €1,184,863 | +€124,829 | +11.8% |
| Goods for resale, raw materials and consumables | 60 | €91,985 | €116,838 | +€24,853 | +27.0% |
| Purchases | 600/8 | €91,985 | €116,838 | +€24,853 | +27.0% |
| Services and other goods | 61 | €772,444 | €846,168 | +€73,724 | +9.5% |
| Remuneration, social security and pensions | 62 | €175,779 | €192,022 | +€16,243 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,642 | €7,267 | +€1,625 | +28.8% |
| Other operating charges | 640/8 | €14,184 | €17,563 | +€3,379 | +23.8% |
| Non-recurring operating charges | 66A | - | €5,005 | +€5,005 | |
| Operating profit (loss) | 9901 | €113,187 | €10,738 | -€102,449 | -90.5% |
| Financial income | 75/76B | €1,730,152 | €310,302 | -€1.4m | -82.1% |
| Recurring financial income | 75 | €1,730,152 | €310,302 | -€1.4m | -82.1% |
| Income from financial fixed assets | 750 | €1,730,000 | €310,000 | -€1.4m | -82.1% |
| Other financial income | 752/9 | €152 | €302 | +€150 | +98.7% |
| Financial charges | 65/66B | €18,299 | €78,740 | +€60,441 | +330.3% |
| Recurring financial charges | 65 | €18,299 | €78,740 | +€60,441 | +330.3% |
| Debt charges | 650 | €16,668 | €77,492 | +€60,824 | +364.9% |
| Other financial charges | 652/9 | €1,631 | €1,248 | -€383 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €1,825,040 | €242,300 | -€1.6m | -86.7% |
| Income taxes | 67/77 | €117,529 | €71,215 | -€46,314 | -39.4% |
| Taxes | 670/3 | €117,529 | €71,215 | -€46,314 | -39.4% |
| Profit (loss) for the period | 9904 | €1,707,511 | €171,085 | -€1.5m | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,707,511 | €171,085 | -€1.5m | -90.0% |
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 10 October 2026 via checked.be.