dE KORT & PARTNERS: what changed
dE KORT & PARTNERS
Largest movements
- Receivables within one year +€45,738
up €45,738 (+74.5%), from €61,378 to €107,116
of which Trade receivables: +€45,333
- Cash -€44,884
down €44,884 (-79.6%), from €56,411 to €11,526
mainly Receivables within one year (-€45,738) and Trade debts (-€38,388)
- Tangible fixed assets -€40,057
down €40,057 (-24.8%), from €161,735 to €121,678
of which Furniture and vehicles: -€32,397
- Trade debts -€38,388
down €38,388 (-46.4%), from €82,692 to €44,304
- Current portion of long-term debt +€13,819
new in 2024: €13,819
- Reserves -€6,770
down €6,770 (-4.9%), from €138,144 to €131,374
of which Distributable reserves: -€6,770
- Tax, wage and social debts -€6,174
down €6,174 (-11.8%), from €52,486 to €46,313
of which Taxes: -€15,519
- Staff costs +€53,962
up €53,962 (+162%), from €33,348 to €87,310
- Gross operating margin +€52,788
up €52,788 (+72.1%), from €73,167 to €125,955
- Depreciation +€17,101
up €17,101 (+75.0%), from €22,811 to €39,912
- Financial charges +€3,670
new in 2024: €3,670
- Taxes -€2,993
no longer reported in 2024 (was €2,993)
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,523 | €242,010 | -€37,513 | -13.4% |
| Fixed assets | 21/28 | €161,735 | €121,678 | -€40,057 | -24.8% |
| Tangible fixed assets | 22/27 | €161,735 | €121,678 | -€40,057 | -24.8% |
| Land and buildings | 22 | €41,115 | €33,454 | -€7,660 | -18.6% |
| Furniture and vehicles | 24 | €120,620 | €88,224 | -€32,397 | -26.9% |
| Current assets | 29/58 | €117,788 | €120,332 | +€2,544 | +2.2% |
| Amounts receivable within one year | 40/41 | €61,378 | €107,116 | +€45,738 | +74.5% |
| Trade receivables | 40 | €52,094 | €97,427 | +€45,333 | +87.0% |
| Other amounts receivable | 41 | €9,284 | €9,689 | +€405 | +4.4% |
| Cash at bank and in hand | 54/58 | €56,411 | €11,526 | -€44,884 | -79.6% |
| Deferred charges and accrued income | 490/1 | - | €1,690 | +€1,690 | |
| Total equity and liabilities | 10/49 | €279,523 | €242,010 | -€37,513 | -13.4% |
| Equity | 10/15 | €144,344 | €137,574 | -€6,770 | -4.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €138,144 | €131,374 | -€6,770 | -4.9% |
| Tax-exempt reserves | 132 | €36,877 | €36,877 | = | 0.0% |
| Distributable reserves | 133 | €101,267 | €94,497 | -€6,770 | -6.7% |
| Amounts payable | 17/49 | €135,179 | €104,436 | -€30,743 | -22.7% |
| Amounts payable within one year | 42/48 | €135,179 | €104,436 | -€30,743 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | - | €13,819 | +€13,819 | |
| Trade debts | 44 | €82,692 | €44,304 | -€38,388 | -46.4% |
| Suppliers | 440/4 | €82,692 | €44,304 | -€38,388 | -46.4% |
| Taxes, remuneration and social security | 45 | €52,486 | €46,313 | -€6,174 | -11.8% |
| Taxes | 450/3 | €49,193 | €33,674 | -€15,519 | -31.5% |
| Remuneration and social security | 454/9 | €3,293 | €12,639 | +€9,346 | +284% |
| Remuneration, social security and pensions | 62 | €33,348 | €87,310 | +€53,962 | +162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,811 | €39,912 | +€17,101 | +75.0% |
| Other operating charges | 640/8 | €2,043 | €1,833 | -€210 | -10.3% |
| Gross operating margin | 9900 | €73,167 | €125,955 | +€52,788 | +72.1% |
| Operating profit (loss) | 9901 | €14,965 | -€3,100 | -€18,065 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €3,670 | +€3,670 | |
| Recurring financial charges | 65 | - | €3,670 | +€3,670 | |
| Profit (loss) for the period before taxes | 9903 | €14,965 | -€6,770 | -€21,735 | |
| Income taxes | 67/77 | €2,993 | - | -€2,993 | |
| Profit (loss) for the period | 9904 | €11,972 | -€6,770 | -€18,742 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,972 | -€6,770 | -€18,742 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.