De Bonte Koe: 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.
De Bonte Koe
Largest movements
- Cash -€34,938
down €34,938 (-68.5%), from €51,009 to €16,072
mainly Trade debts (-€24,805) and Tax, wage and social debts (-€14,236)
- Stocks and contracts -€13,015
down €13,015 (-69.8%), from €18,645 to €5,630
- Tangible fixed assets -€9,360
down €9,360 (-25.6%), from €36,540 to €27,179
of which Furniture and vehicles: -€5,130
- Receivables within one year -€4,233
down €4,233 (-24.4%), from €17,374 to €13,141
- Trade debts -€24,805
down €24,805 (-72.9%), from €34,030 to €9,225
- Tax, wage and social debts -€14,236
down €14,236 (-46.9%), from €30,365 to €16,129
of which Taxes: -€11,637
- Other debts -€9,371
down €9,371 (-78.3%), from €11,961 to €2,590
- Profit (loss) carried forward -€6,719
down €6,719 (-30.4%), from -€22,117 to -€28,837
- Current portion of long-term debt -€3,320
down €3,320 (-56.1%), from €5,915 to €2,595
- Gross operating margin -€42,486
down €42,486 (-26.8%), from €158,744 to €116,258
- Staff costs -€27,509
down €27,509 (-20.0%), from €137,672 to €110,163
- Depreciation -€7,343
down €7,343 (-44.0%), from €16,703 to €9,360
- Financial charges +€1,612
up €1,612 (+148%), from €1,088 to €2,700
of which Non-recurring financial charges: +€1,909
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 | €123,893 | €62,347 | -€61,546 | -49.7% |
| Fixed assets | 21/28 | €36,864 | €27,504 | -€9,360 | -25.4% |
| Tangible fixed assets | 22/27 | €36,540 | €27,179 | -€9,360 | -25.6% |
| Plant, machinery and equipment | 23 | €15,950 | €13,691 | -€2,259 | -14.2% |
| Furniture and vehicles | 24 | €14,151 | €9,021 | -€5,130 | -36.3% |
| Other tangible fixed assets | 26 | €6,439 | €4,467 | -€1,972 | -30.6% |
| Financial fixed assets | 28 | €325 | €325 | = | 0.0% |
| Current assets | 29/58 | €87,029 | €34,843 | -€52,186 | -60.0% |
| Stocks and contracts in progress | 3 | €18,645 | €5,630 | -€13,015 | -69.8% |
| Stocks | 30/36 | €18,645 | €5,630 | -€13,015 | -69.8% |
| Amounts receivable within one year | 40/41 | €17,374 | €13,141 | -€4,233 | -24.4% |
| Trade receivables | 40 | €17,374 | €13,141 | -€4,233 | -24.4% |
| Cash at bank and in hand | 54/58 | €51,009 | €16,072 | -€34,938 | -68.5% |
| Total equity and liabilities | 10/49 | €123,893 | €62,347 | -€61,546 | -49.7% |
| Equity | 10/15 | €38,528 | €31,808 | -€6,719 | -17.4% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €41,895 | €41,895 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €40,020 | €40,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,117 | -€28,837 | -€6,719 | -30.4% |
| Amounts payable | 17/49 | €85,365 | €30,538 | -€54,827 | -64.2% |
| Amounts payable after more than one year | 17 | €2,595 | - | -€2,595 | |
| Financial debts | 170/4 | €2,595 | - | -€2,595 | |
| Amounts payable within one year | 42/48 | €82,771 | €30,538 | -€52,232 | -63.1% |
| Current portion of amounts payable after more than one year | 42 | €5,915 | €2,595 | -€3,320 | -56.1% |
| Trade debts | 44 | €34,030 | €9,225 | -€24,805 | -72.9% |
| Suppliers | 440/4 | €34,030 | €9,225 | -€24,805 | -72.9% |
| Advances received on contracts in progress | 46 | €500 | - | -€500 | |
| Taxes, remuneration and social security | 45 | €30,365 | €16,129 | -€14,236 | -46.9% |
| Taxes | 450/3 | €15,064 | €3,427 | -€11,637 | -77.3% |
| Remuneration and social security | 454/9 | €15,301 | €12,702 | -€2,599 | -17.0% |
| Other amounts payable | 47/48 | €11,961 | €2,590 | -€9,371 | -78.3% |
| Remuneration, social security and pensions | 62 | €137,672 | €110,163 | -€27,509 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,703 | €9,360 | -€7,343 | -44.0% |
| Other operating charges | 640/8 | €2,577 | €1,132 | -€1,445 | -56.1% |
| Gross operating margin | 9900 | €158,744 | €116,258 | -€42,486 | -26.8% |
| Operating profit (loss) | 9901 | €1,792 | -€4,398 | -€6,190 | |
| Financial income | 75/76B | €27 | €727 | +€701 | +2,642% |
| Recurring financial income | 75 | €27 | €727 | +€701 | +2,642% |
| Financial charges | 65/66B | €1,088 | €2,700 | +€1,612 | +148% |
| Recurring financial charges | 65 | €1,088 | €791 | -€297 | -27.3% |
| Non-recurring financial charges | 66B | - | €1,909 | +€1,909 | |
| Profit (loss) for the period before taxes | 9903 | €730 | -€6,371 | -€7,101 | |
| Income taxes | 67/77 | €176 | €348 | +€172 | +97.7% |
| Profit (loss) for the period | 9904 | €554 | -€6,719 | -€7,273 | |
| Profit (loss) for the period to be appropriated | 9905 | €554 | -€6,719 | -€7,273 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.