DE LEYE: 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.
What changed
DE LEYE
NACE 47.791, Retail sale of antiques
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€315,429
2023 · €180,478-€495,907
Equity
€1.0m
2023 · €1.3m-€315,429
Cash
€8,488
2023 · €68,571-€60,083
Balance sheet total
€5.0m
2023 · €5.8m-€797,802
Largest movements
Assets
- Stocks and contracts -€641,643
down €641,643 (-12.2%), from €5.3m to €4.6m
- Cash -€60,083
down €60,083 (-87.6%), from €68,571 to €8,488
mainly Trade debts (-€571,775) and Net result for the year (-€315,429)
Equity and liabilities
- Trade debts -€571,775
down €571,775 (-32.7%), from €1.7m to €1.2m
- Profit (loss) carried forward -€315,429
down €315,429 (-106.3%), from -€296,699 to -€612,128
Income statement
- Gross operating margin -€489,420
down €489,420, from €229,167 to -€260,253
- Write-downs +€5,550
up €5,550 (+24.0%), from -€23,100 to -€17,550
- Staff costs +€3,512
up €3,512 (+9.6%), from €36,701 to €40,213
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.
Result 2023
€180,478
Gross operating margin
-€489,420
Staff costs
-€3,512
Depreciation
+€2,236
Write-downs
-€5,550
Other operating charges
-€189
Financial income
-€6
Financial charges
+€535
Result 2024
-€315,429
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.
From operations
-€130,992
Investment
+€30,909
Financing
+€40,000
Cash 2023
€68,571
From operations (derived)
-€130,992
Net result for the year
-€315,429
Depreciation
+€8,753
Stocks and contracts
+€641,643
Receivables within one year
+€47,918
Deferred charges and accrued income
+€8,496
Trade debts
-€571,775
Tax, wage and social debts
+€1,204
Advances received
+€46,000
Other debts
+€2,198
Investment (derived)
+€30,909
Investment in fixed assets (net)
+€30,909
Financing
+€40,000
Short-term financial debts
+€40,000
Cash 2024
€8,488
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,818,932 | €5,021,131 | -€797,802 | -13.7% |
| Fixed assets | 21/28 | €104,363 | €64,700 | -€39,662 | -38.0% |
| Tangible fixed assets | 22/27 | €51,430 | €45,452 | -€5,977 | -11.6% |
| Plant, machinery and equipment | 23 | €47,811 | €42,691 | -€5,121 | -10.7% |
| Furniture and vehicles | 24 | €3,619 | €2,762 | -€857 | -23.7% |
| Financial fixed assets | 28 | €52,933 | €19,248 | -€33,685 | -63.6% |
| Current assets | 29/58 | €5,714,570 | €4,956,430 | -€758,139 | -13.3% |
| Stocks and contracts in progress | 3 | €5,270,857 | €4,629,214 | -€641,643 | -12.2% |
| Stocks | 30/36 | €5,270,857 | €4,629,214 | -€641,643 | -12.2% |
| Amounts receivable within one year | 40/41 | €327,036 | €279,119 | -€47,918 | -14.7% |
| Trade receivables | 40 | €299,107 | €248,762 | -€50,346 | -16.8% |
| Other amounts receivable | 41 | €27,929 | €30,357 | +€2,428 | +8.7% |
| Cash at bank and in hand | 54/58 | €68,571 | €8,488 | -€60,083 | -87.6% |
| Deferred charges and accrued income | 490/1 | €48,106 | €39,610 | -€8,496 | -17.7% |
| Total equity and liabilities | 10/49 | €5,818,932 | €5,021,131 | -€797,802 | -13.7% |
| Equity | 10/15 | €1,326,982 | €1,011,553 | -€315,429 | -23.8% |
| Contributions | 10/11 | €716,037 | €716,037 | = | 0.0% |
| Reserves | 13 | €907,645 | €907,645 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €907,645 | €907,645 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€296,699 | -€612,128 | -€315,429 | -106.3% |
| Amounts payable | 17/49 | €4,491,950 | €4,009,577 | -€482,373 | -10.7% |
| Amounts payable within one year | 42/48 | €4,491,950 | €4,009,577 | -€482,373 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €190,000 | €230,000 | +€40,000 | +21.1% |
| Credit institutions | 430/8 | €190,000 | €230,000 | +€40,000 | +21.1% |
| Trade debts | 44 | €1,749,937 | €1,178,162 | -€571,775 | -32.7% |
| Suppliers | 440/4 | €1,749,937 | €1,178,162 | -€571,775 | -32.7% |
| Advances received on contracts in progress | 46 | €22,500 | €68,500 | +€46,000 | +204.4% |
| Taxes, remuneration and social security | 45 | €5,574 | €6,778 | +€1,204 | +21.6% |
| Taxes | 450/3 | €4,089 | €1,849 | -€2,240 | -54.8% |
| Remuneration and social security | 454/9 | €1,485 | €4,929 | +€3,444 | +231.9% |
| Other amounts payable | 47/48 | €2,523,939 | €2,526,137 | +€2,198 | +0.1% |
| Non-recurring operating income | 76A | - | €196,000 | +€196,000 | |
| Remuneration, social security and pensions | 62 | €36,701 | €40,213 | +€3,512 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,989 | €8,753 | -€2,236 | -20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€23,100 | -€17,550 | +€5,550 | +24.0% |
| Other operating charges | 640/8 | €831 | €1,020 | +€189 | +22.8% |
| Gross operating margin | 9900 | €229,167 | -€260,253 | -€489,420 | |
| Operating profit (loss) | 9901 | €203,746 | -€292,690 | -€496,436 | |
| Financial income | 75/76B | €7 | €0 | -€6 | -97.3% |
| Recurring financial income | 75 | €7 | €0 | -€6 | -97.3% |
| Financial charges | 65/66B | €23,275 | €22,739 | -€535 | -2.3% |
| Recurring financial charges | 65 | €23,275 | €22,739 | -€535 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €180,478 | -€315,429 | -€495,907 | |
| Profit (loss) for the period | 9904 | €180,478 | -€315,429 | -€495,907 | |
| Profit (loss) for the period to be appropriated | 9905 | €180,478 | -€315,429 | -€495,907 |
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 4 October 2026 via checked.be.