DE PLUS & Co: 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 PLUS & Co
Largest movements
- Cash +€21,963
up €21,963 (+20.5%), from €106,958 to €128,921
mainly Net result for the year (+€25,455) and Depreciation (+€19,691)
- Tangible fixed assets -€19,429
down €19,429 (-23.2%), from €83,656 to €64,227
of which Furniture and vehicles: -€15,990
- Receivables within one year +€19,308
up €19,308 (+8.9%), from €217,814 to €237,122
of which Other amounts receivable: +€19,162
- Reserves +€29,112
up €29,112 (+8.7%), from €334,403 to €363,515
of which Distributable reserves: +€29,112
- Trade debts +€8,969
up €8,969 (+127.7%), from €7,026 to €15,995
of which Suppliers: +€8,120
- Debts after one year -€6,773
down €6,773 (-59.0%), from €11,479 to €4,706
- Tax, wage and social debts -€6,402
down €6,402 (-42.7%), from €15,007 to €8,605
of which Taxes: -€6,211
- Purchases and services -€11,120
down €11,120 (-18.1%), from €61,529 to €50,409
- Gross operating margin +€8,550
up €8,550 (+8.0%), from €106,798 to €115,348
- Depreciation +€8,492
up €8,492 (+75.8%), from €11,199 to €19,691
- Taxes +€2,947
up €2,947 (+12.0%), from €24,620 to €27,567
- Staff costs +€1,598
up €1,598 (+4.1%), from €39,401 to €40,999
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 | €409,670 | €431,249 | +€21,579 | +5.3% |
| Formation expenses | 20 | €1,242 | €979 | -€263 | -21.2% |
| Fixed assets | 21/28 | €83,656 | €64,227 | -€19,429 | -23.2% |
| Tangible fixed assets | 22/27 | €83,656 | €64,227 | -€19,429 | -23.2% |
| Plant, machinery and equipment | 23 | €9,970 | €6,531 | -€3,439 | -34.5% |
| Furniture and vehicles | 24 | €73,686 | €57,696 | -€15,990 | -21.7% |
| Current assets | 29/58 | €324,772 | €366,043 | +€41,271 | +12.7% |
| Amounts receivable within one year | 40/41 | €217,814 | €237,122 | +€19,308 | +8.9% |
| Trade receivables | 40 | €4,103 | €4,249 | +€146 | +3.6% |
| Other amounts receivable | 41 | €213,711 | €232,873 | +€19,162 | +9.0% |
| Cash at bank and in hand | 54/58 | €106,958 | €128,921 | +€21,963 | +20.5% |
| Total equity and liabilities | 10/49 | €409,670 | €431,249 | +€21,579 | +5.3% |
| Equity | 10/15 | €369,715 | €395,170 | +€25,455 | +6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €334,403 | €363,515 | +€29,112 | +8.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,992 | €6,992 | = | 0.0% |
| Distributable reserves | 133 | €325,551 | €354,663 | +€29,112 | +8.9% |
| Profit (loss) carried forward | 14 | €29,112 | €25,455 | -€3,657 | -12.6% |
| Amounts payable | 17/49 | €39,955 | €36,079 | -€3,876 | -9.7% |
| Amounts payable after more than one year | 17 | €11,479 | €4,706 | -€6,773 | -59.0% |
| Financial debts | 170/4 | €11,479 | €4,706 | -€6,773 | -59.0% |
| Amounts payable within one year | 42/48 | €28,476 | €31,373 | +€2,897 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €6,443 | €6,773 | +€330 | +5.1% |
| Trade debts | 44 | €7,026 | €15,995 | +€8,969 | +127.7% |
| Suppliers | 440/4 | €5,529 | €13,649 | +€8,120 | +146.9% |
| Bills of exchange payable | 441 | €1,497 | €2,346 | +€849 | +56.7% |
| Taxes, remuneration and social security | 45 | €15,007 | €8,605 | -€6,402 | -42.7% |
| Taxes | 450/3 | €10,673 | €4,462 | -€6,211 | -58.2% |
| Remuneration and social security | 454/9 | €4,334 | €4,143 | -€191 | -4.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €61,529 | €50,409 | -€11,120 | -18.1% |
| Remuneration, social security and pensions | 62 | €39,401 | €40,999 | +€1,598 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,199 | €19,691 | +€8,492 | +75.8% |
| Gross operating margin | 9900 | €106,798 | €115,348 | +€8,550 | +8.0% |
| Operating profit (loss) | 9901 | €56,198 | €54,658 | -€1,540 | -2.7% |
| Financial income | 75/76B | €405 | - | -€405 | |
| Recurring financial income | 75 | €405 | - | -€405 | |
| Financial charges | 65/66B | €2,871 | €1,636 | -€1,235 | -43.0% |
| Recurring financial charges | 65 | €2,871 | €1,636 | -€1,235 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €53,732 | €53,022 | -€710 | -1.3% |
| Income taxes | 67/77 | €24,620 | €27,567 | +€2,947 | +12.0% |
| Profit (loss) for the period | 9904 | €29,112 | €25,455 | -€3,657 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,112 | €25,455 | -€3,657 | -12.6% |
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.