DAVID DIRIS: 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.
DAVID DIRIS
Largest movements
- Cash -€21,966
down €21,966 (-47.1%), from €46,650 to €24,684
mainly Debts after one year (-€75,225) and Tax, wage and social debts (-€18,839)
- Receivables after one year -€13,026
down €13,026 (-8.5%), from €153,311 to €140,285
- Debts after one year -€75,225
down €75,225 (-24.1%), from €312,123 to €236,898
- Profit (loss) carried forward +€36,216
up €36,216 (+10.1%), from €359,219 to €395,436
- Tax, wage and social debts -€18,839
down €18,839 (-63.2%), from €29,800 to €10,961
- Other debts +€10,635
up €10,635 (+142%), from €7,467 to €18,103
- Trade debts +€10,582
new in 2024: €10,582
- Gross operating margin +€17,126
up €17,126 (+38.7%), from €44,296 to €61,422
- Other operating charges -€2,388
no longer reported in 2024 (was €2,388)
- Taxes +€2,385
up €2,385 (+29.7%), from €8,032 to €10,417
- Depreciation -€973
down €973 (-51.6%), from €1,885 to €912
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.
Derived cash bridge
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 | €800,873 | €764,969 | -€35,904 | -4.5% |
| Fixed assets | 21/28 | €600,912 | €600,000 | -€912 | -0.2% |
| Tangible fixed assets | 22/27 | €912 | - | -€912 | |
| Plant, machinery and equipment | 23 | €912 | - | -€912 | |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €199,961 | €164,969 | -€34,992 | -17.5% |
| Amounts receivable after more than one year | 29 | €153,311 | €140,285 | -€13,026 | -8.5% |
| Other amounts receivable | 291 | €153,311 | €140,285 | -€13,026 | -8.5% |
| Cash at bank and in hand | 54/58 | €46,650 | €24,684 | -€21,966 | -47.1% |
| Total equity and liabilities | 10/49 | €800,873 | €764,969 | -€35,904 | -4.5% |
| Equity | 10/15 | €376,984 | €413,201 | +€36,216 | +9.6% |
| Contributions | 10/11 | €15,905 | €15,905 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €359,219 | €395,436 | +€36,216 | +10.1% |
| Amounts payable | 17/49 | €423,889 | €351,768 | -€72,121 | -17.0% |
| Amounts payable after more than one year | 17 | €312,123 | €236,898 | -€75,225 | -24.1% |
| Financial debts | 170/4 | €312,123 | €236,898 | -€75,225 | -24.1% |
| Amounts payable within one year | 42/48 | €111,766 | €114,870 | +€3,104 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €74,498 | €75,224 | +€726 | +1.0% |
| Trade debts | 44 | - | €10,582 | +€10,582 | |
| Suppliers | 440/4 | - | €10,582 | +€10,582 | |
| Taxes, remuneration and social security | 45 | €29,800 | €10,961 | -€18,839 | -63.2% |
| Taxes | 450/3 | €29,800 | €10,961 | -€18,839 | -63.2% |
| Other amounts payable | 47/48 | €7,467 | €18,103 | +€10,635 | +142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,885 | €912 | -€973 | -51.6% |
| Other operating charges | 640/8 | €2,388 | - | -€2,388 | |
| Gross operating margin | 9900 | €44,296 | €61,422 | +€17,126 | +38.7% |
| Operating profit (loss) | 9901 | €40,023 | €60,510 | +€20,487 | +51.2% |
| Financial income | 75/76B | €155 | €17 | -€138 | -88.9% |
| Recurring financial income | 75 | €155 | €17 | -€138 | -88.9% |
| Financial charges | 65/66B | €4,493 | €3,894 | -€600 | -13.3% |
| Recurring financial charges | 65 | €4,493 | €3,894 | -€600 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €35,685 | €56,634 | +€20,949 | +58.7% |
| Income taxes | 67/77 | €8,032 | €10,417 | +€2,385 | +29.7% |
| Profit (loss) for the period | 9904 | €27,653 | €46,216 | +€18,563 | +67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,653 | €46,216 | +€18,563 | +67.1% |
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 15 October 2026 via checked.be.