D- TEK: 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.
D- TEK
Largest movements
- Stocks and contracts +€322,301
up €322,301 (+40.0%), from €806,664 to €1.1m
- Tangible fixed assets -€289,788
down €289,788 (-13.3%), from €2.2m to €1.9m
of which Assets under construction and advance payments: -€364,784
- Current investments -€200,000
no longer reported in 2024 (was €200,000)
- Intangible fixed assets +€192,062
up €192,062 (+31.4%), from €611,049 to €803,111
- Receivables within one year +€177,543
up €177,543 (+9.7%), from €1.8m to €2.0m
of which Trade receivables: +€92,264
- Other debts -€140,020
down €140,020 (-73.8%), from €189,796 to €49,776
- Trade debts +€137,021
up €137,021 (+22.0%), from €623,454 to €760,475
- Current portion of long-term debt +€123,919
up €123,919 (+40.2%), from €308,485 to €432,403
- Debts after one year +€80,295
up €80,295 (+6.6%), from €1.2m to €1.3m
of which Advances received on contracts in progress: +€47,733
- Advances received -€75,985
no longer reported in 2024 (was €75,985)
- Depreciation +€561,155
up €561,155 (+122.6%), from €457,538 to €1.0m
- Gross operating margin +€296,933
up €296,933 (+11.1%), from €2.7m to €3.0m
- Staff costs +€132,755
up €132,755 (+7.8%), from €1.7m to €1.8m
- Taxes -€81,463
down €81,463 (-65.2%), from €124,994 to €43,531
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 | €5,903,551 | €6,068,591 | +€165,040 | +2.8% |
| Fixed assets | 21/28 | €2,872,180 | €2,774,453 | -€97,726 | -3.4% |
| Intangible fixed assets | 21 | €611,049 | €803,111 | +€192,062 | +31.4% |
| Tangible fixed assets | 22/27 | €2,186,173 | €1,896,385 | -€289,788 | -13.3% |
| Land and buildings | 22 | €935,648 | €857,158 | -€78,490 | -8.4% |
| Plant, machinery and equipment | 23 | €70,872 | €115,056 | +€44,184 | +62.3% |
| Furniture and vehicles | 24 | €30,972 | €21,935 | -€9,037 | -29.2% |
| Leasing and similar rights | 25 | €33,839 | €152,178 | +€118,339 | +349.7% |
| Assets under construction and advance payments | 27 | €1,114,843 | €750,059 | -€364,784 | -32.7% |
| Financial fixed assets | 28 | €74,958 | €74,958 | = | 0.0% |
| Current assets | 29/58 | €3,031,372 | €3,294,138 | +€262,766 | +8.7% |
| Stocks and contracts in progress | 3 | €806,664 | €1,128,965 | +€322,301 | +40.0% |
| Stocks | 30/36 | €806,664 | €1,128,965 | +€322,301 | +40.0% |
| Amounts receivable within one year | 40/41 | €1,838,741 | €2,016,284 | +€177,543 | +9.7% |
| Trade receivables | 40 | €1,317,093 | €1,409,356 | +€92,264 | +7.0% |
| Other amounts receivable | 41 | €521,649 | €606,928 | +€85,279 | +16.3% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €127,871 | €103,003 | -€24,868 | -19.4% |
| Deferred charges and accrued income | 490/1 | €58,096 | €45,886 | -€12,210 | -21.0% |
| Total equity and liabilities | 10/49 | €5,903,551 | €6,068,591 | +€165,040 | +2.8% |
| Equity | 10/15 | €2,579,491 | €2,601,201 | +€21,710 | +0.8% |
| Contributions | 10/11 | €899,200 | €899,200 | = | 0.0% |
| Capital | 10 | €899,200 | €899,200 | = | 0.0% |
| Issued capital | 100 | €899,200 | €899,200 | = | 0.0% |
| Reserves | 13 | €108,670 | €108,670 | = | 0.0% |
| Non-distributable reserves | 130/1 | €89,920 | €89,920 | = | 0.0% |
| Legal reserve | 130 | €89,920 | €89,920 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €813,187 | €762,874 | -€50,314 | -6.2% |
| Investment grants | 15 | €758,433 | €830,457 | +€72,024 | +9.5% |
| Amounts payable | 17/49 | €3,324,061 | €3,467,390 | +€143,330 | +4.3% |
| Amounts payable after more than one year | 17 | €1,209,900 | €1,290,195 | +€80,295 | +6.6% |
| Financial debts | 170/4 | €1,062,311 | €1,094,873 | +€32,562 | +3.1% |
| Advances received on contracts in progress | 176 | €147,589 | €195,322 | +€47,733 | +32.3% |
| Amounts payable within one year | 42/48 | €2,061,733 | €2,116,027 | +€54,294 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €308,485 | €432,403 | +€123,919 | +40.2% |
| Financial debts | 43 | €525,604 | €538,731 | +€13,127 | +2.5% |
| Credit institutions | 430/8 | €525,604 | €538,731 | +€13,127 | +2.5% |
| Trade debts | 44 | €623,454 | €760,475 | +€137,021 | +22.0% |
| Suppliers | 440/4 | €623,454 | €760,475 | +€137,021 | +22.0% |
| Advances received on contracts in progress | 46 | €75,985 | - | -€75,985 | |
| Taxes, remuneration and social security | 45 | €338,409 | €334,642 | -€3,767 | -1.1% |
| Taxes | 450/3 | €99,998 | €73,068 | -€26,930 | -26.9% |
| Remuneration and social security | 454/9 | €238,411 | €261,574 | +€23,164 | +9.7% |
| Other amounts payable | 47/48 | €189,796 | €49,776 | -€140,020 | -73.8% |
| Accrued charges and deferred income | 492/3 | €52,428 | €61,169 | +€8,741 | +16.7% |
| Remuneration, social security and pensions | 62 | €1,710,375 | €1,843,130 | +€132,755 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €457,538 | €1,018,693 | +€561,155 | +122.6% |
| Other operating charges | 640/8 | €11,177 | €27,870 | +€16,693 | +149.3% |
| Non-recurring operating charges | 66A | €2,793 | - | -€2,793 | |
| Gross operating margin | 9900 | €2,671,185 | €2,968,118 | +€296,933 | +11.1% |
| Operating profit (loss) | 9901 | €489,302 | €78,425 | -€410,877 | -84.0% |
| Financial income | 75/76B | €38,941 | €32,693 | -€6,247 | -16.0% |
| Recurring financial income | 75 | €38,941 | €32,693 | -€6,247 | -16.0% |
| Financial charges | 65/66B | €101,113 | €117,901 | +€16,788 | +16.6% |
| Recurring financial charges | 65 | €101,113 | €112,640 | +€11,527 | +11.4% |
| Non-recurring financial charges | 66B | - | €5,261 | +€5,261 | |
| Profit (loss) for the period before taxes | 9903 | €427,130 | -€6,782 | -€433,912 | |
| Income taxes | 67/77 | €124,994 | €43,531 | -€81,463 | -65.2% |
| Profit (loss) for the period | 9904 | €302,136 | -€50,314 | -€352,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €302,136 | -€50,314 | -€352,450 |
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 3 October 2026 via checked.be.