DE VLOER: 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.
What changed
DE VLOER
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€275,821
2022 · €212,925+€62,896
Equity
€67,898
2022 · €68,077-€179
Cash
-
not filed
Balance sheet total
€1.6m
2022 · €1.8m-€216,105
Largest movements
Assets
- Stocks and contracts -€166,723
down €166,723 (-28.0%), from €595,723 to €429,000
- Financial fixed assets -€46,828
down €46,828 (-99.5%), from €47,048 to €221
- Deferred charges and accrued income -€22,482
down €22,482 (-62.6%), from €35,938 to €13,457
- Receivables within one year +€20,454
up €20,454 (+1.9%), from €1.1m to €1.1m
of which Other amounts receivable: +€136,450
Equity and liabilities
- Advances received -€184,979
down €184,979 (-23.2%), from €798,284 to €613,305
- Trade debts -€119,022
down €119,022 (-28.1%), from €423,545 to €304,523
- Other debts +€59,000
up €59,000 (+27.2%), from €217,000 to €276,000
- Tax, wage and social debts +€29,074
up €29,074 (+11.2%), from €260,607 to €289,681
of which Remuneration and social security: +€15,818
Income statement
- Turnover +€529,537
up €529,537 (+18.2%), from €2.9m to €3.4m
- Goods and materials +€338,651
up €338,651 (+31.8%), from €1.1m to €1.4m
From the 2022 result to the 2023 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 2022
€212,925
Turnover
+€529,537
Other operating income
+€961
Goods and materials
-€338,651
Services and other goods
+€12,043
Staff costs
+€29,111
Depreciation
-€350
Other operating charges
-€39
Other operating items
-€151,663
Financial income
+€4,322
Financial charges
-€1,560
Taxes
-€20,815
Result 2023
€275,821
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,767,512 | €1,551,407 | -€216,105 | -12.2% |
| Fixed assets | 21/28 | €49,622 | €2,267 | -€47,354 | -95.4% |
| Tangible fixed assets | 22/27 | €2,573 | €2,047 | -€527 | -20.5% |
| Plant, machinery and equipment | 23 | €784 | €1,218 | +€434 | +55.3% |
| Furniture and vehicles | 24 | €1,789 | €829 | -€960 | -53.7% |
| Financial fixed assets | 28 | €47,048 | €221 | -€46,828 | -99.5% |
| Other financial fixed assets | 284/8 | €47,048 | €221 | -€46,828 | -99.5% |
| Amounts receivable and cash guarantees | 285/8 | €47,048 | €221 | -€46,828 | -99.5% |
| Current assets | 29/58 | €1,717,891 | €1,549,140 | -€168,751 | -9.8% |
| Stocks and contracts in progress | 3 | €595,723 | €429,000 | -€166,723 | -28.0% |
| Contracts in progress | 37 | €595,723 | €429,000 | -€166,723 | -28.0% |
| Amounts receivable within one year | 40/41 | €1,086,230 | €1,106,683 | +€20,454 | +1.9% |
| Trade receivables | 40 | €898,239 | €782,242 | -€115,996 | -12.9% |
| Other amounts receivable | 41 | €187,991 | €324,441 | +€136,450 | +72.6% |
| Deferred charges and accrued income | 490/1 | €35,938 | €13,457 | -€22,482 | -62.6% |
| Total equity and liabilities | 10/49 | €1,767,512 | €1,551,407 | -€216,105 | -12.2% |
| Equity | 10/15 | €68,077 | €67,898 | -€179 | -0.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €427 | €248 | -€179 | -41.9% |
| Amounts payable | 17/49 | €1,699,435 | €1,483,509 | -€215,927 | -12.7% |
| Amounts payable within one year | 42/48 | €1,699,435 | €1,483,509 | -€215,927 | -12.7% |
| Trade debts | 44 | €423,545 | €304,523 | -€119,022 | -28.1% |
| Suppliers | 440/4 | €423,545 | €304,523 | -€119,022 | -28.1% |
| Advances received on contracts in progress | 46 | €798,284 | €613,305 | -€184,979 | -23.2% |
| Taxes, remuneration and social security | 45 | €260,607 | €289,681 | +€29,074 | +11.2% |
| Taxes | 450/3 | €117,024 | €130,280 | +€13,256 | +11.3% |
| Remuneration and social security | 454/9 | €143,582 | €159,401 | +€15,818 | +11.0% |
| Other amounts payable | 47/48 | €217,000 | €276,000 | +€59,000 | +27.2% |
| Operating income | 70/76A | €2,904,312 | €3,283,353 | +€379,041 | +13.1% |
| Turnover | 70 | €2,915,045 | €3,444,582 | +€529,537 | +18.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€15,266 | -€166,723 | -€151,457 | -992% |
| Other operating income | 74 | €4,533 | €5,494 | +€961 | +21.2% |
| Operating charges | 60/66A | €2,601,414 | €2,899,506 | +€298,092 | +11.5% |
| Goods for resale, raw materials and consumables | 60 | €1,064,913 | €1,403,564 | +€338,651 | +31.8% |
| Purchases | 600/8 | €1,064,913 | €1,403,564 | +€338,651 | +31.8% |
| Services and other goods | 61 | €686,638 | €674,595 | -€12,043 | -1.8% |
| Remuneration, social security and pensions | 62 | €846,726 | €817,614 | -€29,111 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €946 | €1,296 | +€350 | +37.0% |
| Other operating charges | 640/8 | €2,191 | €2,231 | +€39 | +1.8% |
| Non-recurring operating charges | 66A | - | €206 | +€206 | |
| Operating profit (loss) | 9901 | €302,898 | €383,847 | +€80,949 | +26.7% |
| Financial income | 75/76B | €3,513 | €7,835 | +€4,322 | +123% |
| Recurring financial income | 75 | €3,513 | €7,835 | +€4,322 | +123% |
| Income from current assets | 751 | €127 | €7,653 | +€7,526 | +5,946% |
| Other financial income | 752/9 | €3,386 | €182 | -€3,204 | -94.6% |
| Financial charges | 65/66B | €5,364 | €6,925 | +€1,560 | +29.1% |
| Recurring financial charges | 65 | €5,364 | €6,925 | +€1,560 | +29.1% |
| Debt charges | 650 | €4,102 | €5,328 | +€1,226 | +29.9% |
| Other financial charges | 652/9 | €1,263 | €1,596 | +€334 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €301,046 | €384,757 | +€83,711 | +27.8% |
| Income taxes | 67/77 | €88,122 | €108,936 | +€20,815 | +23.6% |
| Taxes | 670/3 | €88,122 | €108,936 | +€20,815 | +23.6% |
| Profit (loss) for the period | 9904 | €212,925 | €275,821 | +€62,896 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €212,925 | €275,821 | +€62,896 | +29.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.