Dan Cimpean: 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.
Dan Cimpean
Largest movements
- Cash -€47,887
down €47,887 (-24.6%), from €194,852 to €146,965
mainly Other debts (-€51,140) and Net result for the year (-€31,431)
- Receivables within one year -€33,621
down €33,621 (-89.7%), from €37,494 to €3,873
of which Other amounts receivable: -€33,311
- Deferred charges and accrued income +€3,144
up €3,144 (+434.3%), from €724 to €3,868
- Other debts -€51,140
down €51,140 (-26.3%), from €194,163 to €143,023
- Profit (loss) carried forward -€31,431
down €31,431 (-20.0%), from -€156,944 to -€188,375
- Trade debts +€4,104
new in 2024: €4,104
- Depreciation -€13,710
down €13,710 (-99.3%), from €13,801 to €91
- Financial income -€1,991
no longer reported in 2024 (was €1,991)
- Gross operating margin -€678
down €678 (-2.5%), from -€27,504 to -€28,182
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 | €233,161 | €154,706 | -€78,455 | -33.6% |
| Fixed assets | 21/28 | €91 | - | -€91 | |
| Tangible fixed assets | 22/27 | €91 | - | -€91 | |
| Furniture and vehicles | 24 | €91 | - | -€91 | |
| Current assets | 29/58 | €233,070 | €154,706 | -€78,364 | -33.6% |
| Amounts receivable within one year | 40/41 | €37,494 | €3,873 | -€33,621 | -89.7% |
| Trade receivables | 40 | €310 | - | -€310 | |
| Other amounts receivable | 41 | €37,184 | €3,873 | -€33,311 | -89.6% |
| Cash at bank and in hand | 54/58 | €194,852 | €146,965 | -€47,887 | -24.6% |
| Deferred charges and accrued income | 490/1 | €724 | €3,868 | +€3,144 | +434.3% |
| Total equity and liabilities | 10/49 | €233,161 | €154,706 | -€78,455 | -33.6% |
| Equity | 10/15 | €38,071 | €6,641 | -€31,430 | -82.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €165,015 | €165,016 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €162,015 | €162,016 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | -€156,944 | -€188,375 | -€31,431 | -20.0% |
| Amounts payable | 17/49 | €195,090 | €148,065 | -€47,025 | -24.1% |
| Amounts payable within one year | 42/48 | €195,090 | €148,065 | -€47,025 | -24.1% |
| Trade debts | 44 | - | €4,104 | +€4,104 | |
| Suppliers | 440/4 | - | €4,104 | +€4,104 | |
| Taxes, remuneration and social security | 45 | €927 | €938 | +€11 | +1.2% |
| Taxes | 450/3 | €927 | €938 | +€11 | +1.2% |
| Other amounts payable | 47/48 | €194,163 | €143,023 | -€51,140 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,801 | €91 | -€13,710 | -99.3% |
| Other operating charges | 640/8 | €2,250 | €2,058 | -€192 | -8.5% |
| Gross operating margin | 9900 | -€27,504 | -€28,182 | -€678 | -2.5% |
| Operating profit (loss) | 9901 | -€43,555 | -€30,331 | +€13,224 | +30.4% |
| Financial income | 75/76B | €1,991 | - | -€1,991 | |
| Recurring financial income | 75 | €1,991 | - | -€1,991 | |
| Financial charges | 65/66B | €65 | €162 | +€97 | +149.2% |
| Recurring financial charges | 65 | €65 | €162 | +€97 | +149.2% |
| Profit (loss) for the period before taxes | 9903 | -€41,629 | -€30,493 | +€11,136 | +26.8% |
| Income taxes | 67/77 | €926 | €938 | +€12 | +1.3% |
| Profit (loss) for the period | 9904 | -€42,555 | -€31,431 | +€11,124 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,555 | -€31,431 | +€11,124 | +26.1% |
Source: filed annual accounts (NBB), financial years ended 30 April 2023 and 30 April 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.