DATASEC: 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.
DATASEC
Largest movements
- Receivables within one year -€30,304
down €30,304 (-21.6%), from €140,026 to €109,723
of which Trade receivables: -€34,736
- Tangible fixed assets -€24,193
down €24,193 (-7.5%), from €322,605 to €298,413
of which Other tangible fixed assets: -€39,369
- Cash -€17,714
down €17,714 (-74.5%), from €23,770 to €6,056
mainly Debts after one year (-€35,687) and Trade debts (-€35,359)
- Stocks and contracts +€8,000
new in 2024: €8,000
- Debts after one year -€35,687
down €35,687 (-13.0%), from €275,382 to €239,695
- Trade debts -€35,359
down €35,359 (-39.9%), from €88,706 to €53,347
- Short-term financial debts +€19,995
up €19,995 (+824.1%), from €2,426 to €22,421
- Contributions +€18,600
new in 2024: €18,600
- Other debts -€17,018
down €17,018 (-59.5%), from €28,600 to €11,582
- Gross operating margin +€34,660
up €34,660 (+42.5%), from €81,462 to €116,122
- Staff costs +€18,673
up €18,673 (+49.2%), from €37,945 to €56,618
- Taxes -€11,406
down €11,406 (-76.1%), from €14,998 to €3,592
- Write-downs +€8,500
new in 2024: €8,500
- Financial charges +€6,066
up €6,066 (+60.8%), from €9,974 to €16,040
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 | €487,746 | €423,906 | -€63,840 | -13.1% |
| Fixed assets | 21/28 | €322,776 | €298,583 | -€24,193 | -7.5% |
| Tangible fixed assets | 22/27 | €322,605 | €298,413 | -€24,193 | -7.5% |
| Land and buildings | 22 | €265,872 | €288,154 | +€22,282 | +8.4% |
| Plant, machinery and equipment | 23 | €659 | €4,072 | +€3,414 | +518.3% |
| Furniture and vehicles | 24 | €16,706 | €6,187 | -€10,520 | -63.0% |
| Other tangible fixed assets | 26 | €39,369 | - | -€39,369 | |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €164,970 | €125,323 | -€39,647 | -24.0% |
| Stocks and contracts in progress | 3 | - | €8,000 | +€8,000 | |
| Stocks | 30/36 | - | €8,000 | +€8,000 | |
| Amounts receivable within one year | 40/41 | €140,026 | €109,723 | -€30,304 | -21.6% |
| Trade receivables | 40 | €112,707 | €77,972 | -€34,736 | -30.8% |
| Other amounts receivable | 41 | €27,319 | €31,751 | +€4,432 | +16.2% |
| Cash at bank and in hand | 54/58 | €23,770 | €6,056 | -€17,714 | -74.5% |
| Deferred charges and accrued income | 490/1 | €1,174 | €1,544 | +€370 | +31.5% |
| Total equity and liabilities | 10/49 | €487,746 | €423,906 | -€63,840 | -13.1% |
| Equity | 10/15 | €37,145 | €57,583 | +€20,438 | +55.0% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | - | €1,838 | +€1,838 | |
| Distributable reserves | 133 | - | €1,838 | +€1,838 | |
| Profit (loss) carried forward | 14 | €37,145 | €37,145 | = | 0.0% |
| Amounts payable | 17/49 | €450,601 | €366,323 | -€84,278 | -18.7% |
| Amounts payable after more than one year | 17 | €275,382 | €239,695 | -€35,687 | -13.0% |
| Financial debts | 170/4 | €275,382 | €239,695 | -€35,687 | -13.0% |
| Amounts payable within one year | 42/48 | €173,395 | €126,628 | -€46,767 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €33,861 | €35,687 | +€1,826 | +5.4% |
| Financial debts | 43 | €2,426 | €22,421 | +€19,995 | +824.1% |
| Credit institutions | 430/8 | €2,426 | €22,421 | +€19,995 | +824.1% |
| Trade debts | 44 | €88,706 | €53,347 | -€35,359 | -39.9% |
| Suppliers | 440/4 | €88,706 | €53,347 | -€35,359 | -39.9% |
| Taxes, remuneration and social security | 45 | €19,802 | €3,592 | -€16,211 | -81.9% |
| Taxes | 450/3 | €12,149 | €3,592 | -€8,558 | -70.4% |
| Remuneration and social security | 454/9 | €7,653 | - | -€7,653 | |
| Other amounts payable | 47/48 | €28,600 | €11,582 | -€17,018 | -59.5% |
| Accrued charges and deferred income | 492/3 | €1,824 | - | -€1,824 | |
| Remuneration, social security and pensions | 62 | €37,945 | €56,618 | +€18,673 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,632 | €25,184 | -€448 | -1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,500 | +€8,500 | |
| Other operating charges | 640/8 | €3,259 | €5,032 | +€1,773 | +54.4% |
| Gross operating margin | 9900 | €81,462 | €116,122 | +€34,660 | +42.5% |
| Operating profit (loss) | 9901 | €14,626 | €20,788 | +€6,162 | +42.1% |
| Financial income | 75/76B | €36 | €682 | +€645 | +1775.8% |
| Recurring financial income | 75 | €36 | €682 | +€645 | +1775.8% |
| Financial charges | 65/66B | €9,974 | €16,040 | +€6,066 | +60.8% |
| Recurring financial charges | 65 | €9,974 | €16,040 | +€6,066 | +60.8% |
| Profit (loss) for the period before taxes | 9903 | €4,689 | €5,430 | +€741 | +15.8% |
| Income taxes | 67/77 | €14,998 | €3,592 | -€11,406 | -76.1% |
| Profit (loss) for the period | 9904 | -€10,309 | €1,838 | +€12,147 | |
| Transfer from tax-exempt reserves | 789 | €1,860 | - | -€1,860 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,449 | €1,838 | +€10,287 |
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 1 October 2026 via checked.be.