De Machine: 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.
De Machine
Largest movements
- Cash +€55,978
up €55,978 (+1900.5%), from €2,945 to €58,923
mainly Net result for the year (+€72,628) and Short-term financial debts (+€35,639)
- Receivables within one year +€32,560
up €32,560 (+9.9%), from €329,446 to €362,005
of which Trade receivables: +€44,818
- Tangible fixed assets -€13,209
down €13,209 (-2.6%), from €500,128 to €486,919
of which Land and buildings: -€19,422
- Deferred charges and accrued income +€11,407
up €11,407 (+220.7%), from €5,167 to €16,575
- Short-term financial debts +€35,639
up €35,639 (+72.2%), from €49,361 to €85,000
- Other debts +€29,942
up €29,942 (+25459.1%), from €118 to €30,060
- Trade debts +€29,191
up €29,191 (+23.3%), from €125,450 to €154,641
- Debts after one year -€19,354
down €19,354 (-4.4%), from €435,595 to €416,241
- Current portion of long-term debt -€17,598
down €17,598 (-47.6%), from €36,953 to €19,354
- Gross operating margin +€68,094
up €68,094 (+60.0%), from €113,438 to €181,532
- Depreciation -€14,882
down €14,882 (-39.4%), from €37,813 to €22,931
- Taxes +€11,119
up €11,119 (+124.7%), from €8,914 to €20,033
- Financial charges +€10,842
up €10,842 (+124.3%), from €8,725 to €19,568
- Staff costs -€3,623
down €3,623 (-8.1%), from €44,721 to €41,098
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 | €839,399 | €927,034 | +€87,636 | +10.4% |
| Fixed assets | 21/28 | €501,840 | €489,531 | -€12,309 | -2.5% |
| Tangible fixed assets | 22/27 | €500,128 | €486,919 | -€13,209 | -2.6% |
| Land and buildings | 22 | €492,785 | €473,363 | -€19,422 | -3.9% |
| Plant, machinery and equipment | 23 | €475 | €211 | -€264 | -55.7% |
| Furniture and vehicles | 24 | €6,867 | €13,345 | +€6,477 | +94.3% |
| Financial fixed assets | 28 | €1,713 | €2,613 | +€900 | +52.6% |
| Current assets | 29/58 | €337,559 | €437,503 | +€99,945 | +29.6% |
| Amounts receivable within one year | 40/41 | €329,446 | €362,005 | +€32,560 | +9.9% |
| Trade receivables | 40 | €310,887 | €355,705 | +€44,818 | +14.4% |
| Other amounts receivable | 41 | €18,558 | €6,300 | -€12,258 | -66.1% |
| Cash at bank and in hand | 54/58 | €2,945 | €58,923 | +€55,978 | +1900.5% |
| Deferred charges and accrued income | 490/1 | €5,167 | €16,575 | +€11,407 | +220.7% |
| Total equity and liabilities | 10/49 | €839,399 | €927,034 | +€87,636 | +10.4% |
| Equity | 10/15 | €158,081 | €173,216 | +€15,135 | +9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €151,881 | €167,016 | +€15,135 | +10.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €150,021 | €165,156 | +€15,135 | +10.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €681,317 | €753,818 | +€72,500 | +10.6% |
| Amounts payable after more than one year | 17 | €435,595 | €416,241 | -€19,354 | -4.4% |
| Financial debts | 170/4 | €435,595 | €416,241 | -€19,354 | -4.4% |
| Amounts payable within one year | 42/48 | €245,203 | €333,134 | +€87,931 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €36,953 | €19,354 | -€17,598 | -47.6% |
| Financial debts | 43 | €49,361 | €85,000 | +€35,639 | +72.2% |
| Credit institutions | 430/8 | €49,361 | €85,000 | +€35,639 | +72.2% |
| Trade debts | 44 | €125,450 | €154,641 | +€29,191 | +23.3% |
| Suppliers | 440/4 | €125,450 | €154,641 | +€29,191 | +23.3% |
| Taxes, remuneration and social security | 45 | €33,322 | €44,079 | +€10,757 | +32.3% |
| Taxes | 450/3 | €25,772 | €41,580 | +€15,808 | +61.3% |
| Remuneration and social security | 454/9 | €7,550 | €2,499 | -€5,051 | -66.9% |
| Other amounts payable | 47/48 | €118 | €30,060 | +€29,942 | +25459.1% |
| Accrued charges and deferred income | 492/3 | €519 | €4,443 | +€3,924 | +756.3% |
| Remuneration, social security and pensions | 62 | €44,721 | €41,098 | -€3,623 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,813 | €22,931 | -€14,882 | -39.4% |
| Other operating charges | 640/8 | €3,344 | €5,290 | +€1,947 | +58.2% |
| Gross operating margin | 9900 | €113,438 | €181,532 | +€68,094 | +60.0% |
| Operating profit (loss) | 9901 | €27,560 | €112,212 | +€84,652 | +307.2% |
| Financial income | 75/76B | €102 | €16 | -€86 | -84.1% |
| Recurring financial income | 75 | €102 | €16 | -€86 | -84.1% |
| Financial charges | 65/66B | €8,725 | €19,568 | +€10,842 | +124.3% |
| Recurring financial charges | 65 | €8,725 | €19,568 | +€10,842 | +124.3% |
| Profit (loss) for the period before taxes | 9903 | €18,937 | €92,661 | +€73,724 | +389.3% |
| Income taxes | 67/77 | €8,914 | €20,033 | +€11,119 | +124.7% |
| Profit (loss) for the period | 9904 | €10,023 | €72,628 | +€62,605 | +624.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,023 | €72,628 | +€62,605 | +624.6% |
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.