DAW: 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.
DAW
Largest movements
- Cash +€33,384
up €33,384 (+33.4%), from €99,834 to €133,218
mainly Net result for the year (+€36,056) and Trade debts (+€10,010)
- Tangible fixed assets +€6,408
up €6,408 (+45.2%), from €14,176 to €20,584
of which Other tangible fixed assets: +€5,714
- Receivables within one year +€4,083
up €4,083 (+16.6%), from €24,653 to €28,737
- Intangible fixed assets -€2,500
down €2,500 (-14.0%), from €17,856 to €15,356
- Deferred charges and accrued income +€2,148
up €2,148 (+165%), from €1,299 to €3,446
- Profit (loss) carried forward +€23,556
up €23,556 (+24.1%), from €97,652 to €121,208
- Trade debts +€10,010
up €10,010 (+49.9%), from €20,078 to €30,088
- Other debts +€9,249
up €9,249 (+80.7%), from €11,464 to €20,712
- Staff costs +€12,721
new in 2024: €12,721
- Gross operating margin +€11,827
up €11,827 (+22.6%), from €52,433 to €64,260
- Taxes -€9,265
down €9,265 (-54.9%), from €16,889 to €7,624
- Depreciation +€2,559
up €2,559 (+77.3%), from €3,309 to €5,868
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 | €157,817 | €201,341 | +€43,523 | +27.6% |
| Fixed assets | 21/28 | €32,032 | €35,940 | +€3,908 | +12.2% |
| Intangible fixed assets | 21 | €17,856 | €15,356 | -€2,500 | -14.0% |
| Tangible fixed assets | 22/27 | €14,176 | €20,584 | +€6,408 | +45.2% |
| Furniture and vehicles | 24 | €922 | €1,616 | +€694 | +75.3% |
| Other tangible fixed assets | 26 | €13,254 | €18,967 | +€5,714 | +43.1% |
| Current assets | 29/58 | €125,786 | €165,401 | +€39,615 | +31.5% |
| Amounts receivable within one year | 40/41 | €24,653 | €28,737 | +€4,083 | +16.6% |
| Trade receivables | 40 | €24,653 | €28,737 | +€4,083 | +16.6% |
| Cash at bank and in hand | 54/58 | €99,834 | €133,218 | +€33,384 | +33.4% |
| Deferred charges and accrued income | 490/1 | €1,299 | €3,446 | +€2,148 | +165% |
| Total equity and liabilities | 10/49 | €157,817 | €201,341 | +€43,523 | +27.6% |
| Equity | 10/15 | €103,852 | €127,408 | +€23,556 | +22.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,652 | €121,208 | +€23,556 | +24.1% |
| Amounts payable | 17/49 | €53,965 | €73,932 | +€19,967 | +37.0% |
| Amounts payable within one year | 42/48 | €53,965 | €73,932 | +€19,967 | +37.0% |
| Trade debts | 44 | €20,078 | €30,088 | +€10,010 | +49.9% |
| Suppliers | 440/4 | €20,078 | €30,088 | +€10,010 | +49.9% |
| Taxes, remuneration and social security | 45 | €22,424 | €23,132 | +€709 | +3.2% |
| Taxes | 450/3 | €22,424 | €21,215 | -€1,209 | -5.4% |
| Remuneration and social security | 454/9 | - | €1,918 | +€1,918 | |
| Other amounts payable | 47/48 | €11,464 | €20,712 | +€9,249 | +80.7% |
| Remuneration, social security and pensions | 62 | - | €12,721 | +€12,721 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,309 | €5,868 | +€2,559 | +77.3% |
| Other operating charges | 640/8 | €1,238 | €1,151 | -€87 | -7.1% |
| Gross operating margin | 9900 | €52,433 | €64,260 | +€11,827 | +22.6% |
| Operating profit (loss) | 9901 | €47,886 | €44,520 | -€3,366 | -7.0% |
| Financial income | 75/76B | €20 | €1 | -€19 | -95.6% |
| Recurring financial income | 75 | €20 | €1 | -€19 | -95.6% |
| Financial charges | 65/66B | €1,478 | €841 | -€637 | -43.1% |
| Recurring financial charges | 65 | €1,478 | €841 | -€637 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €46,428 | €43,680 | -€2,748 | -5.9% |
| Income taxes | 67/77 | €16,889 | €7,624 | -€9,265 | -54.9% |
| Profit (loss) for the period | 9904 | €29,539 | €36,056 | +€6,517 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,539 | €36,056 | +€6,517 | +22.1% |
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 24 October 2026 via checked.be.