DB MINDED: 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.
DB MINDED
Largest movements
- Cash +€71,721
up €71,721 (+13.0%), from €551,794 to €623,515
mainly Net result for the year (+€104,423) and Other debts (+€42,858)
- Receivables within one year -€30,079
down €30,079 (-39.5%), from €76,093 to €46,013
of which Other amounts receivable: -€52,117
- Tangible fixed assets -€23,977
down €23,977 (-4.2%), from €572,701 to €548,725
of which Land and buildings: -€23,153
- Other debts +€42,858
new in 2024: €42,858
- Reserves -€15,896
down €15,896 (-1.9%), from €825,822 to €809,926
of which Distributable reserves: -€12,247
- Gross operating margin +€49,594
up €49,594 (+36.3%), from €136,774 to €186,368
- Taxes +€14,673
up €14,673 (+47.6%), from €30,844 to €45,517
- Other operating charges +€3,731
up €3,731 (+126.3%), from €2,953 to €6,685
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 | €1,254,418 | €1,274,744 | +€20,326 | +1.6% |
| Fixed assets | 21/28 | €572,701 | €549,305 | -€23,397 | -4.1% |
| Tangible fixed assets | 22/27 | €572,701 | €548,725 | -€23,977 | -4.2% |
| Land and buildings | 22 | €567,669 | €544,516 | -€23,153 | -4.1% |
| Plant, machinery and equipment | 23 | €2,808 | €1,614 | -€1,194 | -42.5% |
| Furniture and vehicles | 24 | €2,224 | €2,595 | +€370 | +16.6% |
| Financial fixed assets | 28 | - | €580 | +€580 | |
| Current assets | 29/58 | €681,716 | €725,439 | +€43,723 | +6.4% |
| Amounts receivable within one year | 40/41 | €76,093 | €46,013 | -€30,079 | -39.5% |
| Trade receivables | 40 | €23,976 | €46,013 | +€22,038 | +91.9% |
| Other amounts receivable | 41 | €52,117 | - | -€52,117 | |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €551,794 | €623,515 | +€71,721 | +13.0% |
| Deferred charges and accrued income | 490/1 | €3,830 | €5,911 | +€2,081 | +54.3% |
| Total equity and liabilities | 10/49 | €1,254,418 | €1,274,744 | +€20,326 | +1.6% |
| Equity | 10/15 | €844,422 | €828,526 | -€15,896 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €825,822 | €809,926 | -€15,896 | -1.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,894 | €18,245 | -€3,649 | -16.7% |
| Distributable reserves | 133 | €802,069 | €789,821 | -€12,247 | -1.5% |
| Provisions and deferred taxes | 16 | €7,298 | €6,082 | -€1,216 | -16.7% |
| Deferred taxes | 168 | €7,298 | €6,082 | -€1,216 | -16.7% |
| Amounts payable | 17/49 | €402,698 | €440,136 | +€37,439 | +9.3% |
| Amounts payable after more than one year | 17 | €348,659 | €341,831 | -€6,828 | -2.0% |
| Financial debts | 170/4 | €348,659 | €341,831 | -€6,828 | -2.0% |
| Amounts payable within one year | 42/48 | €53,540 | €98,306 | +€44,766 | +83.6% |
| Current portion of amounts payable after more than one year | 42 | €3,332 | €6,828 | +€3,496 | +104.9% |
| Financial debts | 43 | €1,209 | €1,328 | +€119 | +9.8% |
| Credit institutions | 430/8 | €1,209 | €1,328 | +€119 | +9.8% |
| Trade debts | 44 | €5,344 | €11,846 | +€6,502 | +121.7% |
| Suppliers | 440/4 | €5,344 | €11,846 | +€6,502 | +121.7% |
| Taxes, remuneration and social security | 45 | €43,655 | €35,446 | -€8,209 | -18.8% |
| Taxes | 450/3 | €43,655 | €35,446 | -€8,209 | -18.8% |
| Other amounts payable | 47/48 | - | €42,858 | +€42,858 | |
| Accrued charges and deferred income | 492/3 | €499 | - | -€499 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,830 | €24,951 | +€121 | +0.5% |
| Other operating charges | 640/8 | €2,953 | €6,685 | +€3,731 | +126.3% |
| Gross operating margin | 9900 | €136,774 | €186,368 | +€49,594 | +36.3% |
| Operating profit (loss) | 9901 | €108,991 | €154,732 | +€45,742 | +42.0% |
| Financial income | 75/76B | €2,084 | €967 | -€1,117 | -53.6% |
| Recurring financial income | 75 | €2,084 | €967 | -€1,117 | -53.6% |
| Financial charges | 65/66B | €6,669 | €6,975 | +€306 | +4.6% |
| Recurring financial charges | 65 | €6,669 | €6,975 | +€306 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €104,406 | €148,724 | +€44,319 | +42.4% |
| Transfer from deferred taxes | 780 | €1,216 | €1,216 | = | 0.0% |
| Income taxes | 67/77 | €30,844 | €45,517 | +€14,673 | +47.6% |
| Profit (loss) for the period | 9904 | €74,778 | €104,423 | +€29,645 | +39.6% |
| Transfer from tax-exempt reserves | 789 | €3,649 | €3,649 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €78,427 | €108,072 | +€29,645 | +37.8% |
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 30 September 2026 via checked.be.