DE VOS: 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.
DE VOS
Largest movements
- Cash -€64,965
down €64,965 (-100.0%), from €64,987 to €22
mainly Tax, wage and social debts (-€35,646) and Trade debts (-€17,465)
- Tangible fixed assets -€17,470
no longer reported in 2024 (was €17,470)
of which Land and buildings: -€15,689
- Receivables within one year +€17,416
up €17,416 (+47.1%), from €36,958 to €54,374
of which Trade receivables: +€16,106
- Financial fixed assets -€1,933
no longer reported in 2024 (was €1,933)
- Tax, wage and social debts -€35,646
down €35,646 (-59.0%), from €60,391 to €24,745
of which Remuneration and social security: -€29,067
- Trade debts -€17,465
down €17,465 (-42.1%), from €41,487 to €24,021
- Profit (loss) carried forward -€14,549
down €14,549 (-69.8%), from -€20,859 to -€35,408
- Accrued charges and deferred income +€1,616
up €1,616 (+14.4%), from €11,250 to €12,866
- Gross operating margin -€44,694
down €44,694 (-88.8%), from €50,328 to €5,635
- Staff costs -€27,061
down €27,061 (-65.6%), from €41,229 to €14,168
- Other operating charges -€20,142
down €20,142 (-84.5%), from €23,839 to €3,697
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.
Derived cash bridge
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 | €121,348 | €54,396 | -€66,951 | -55.2% |
| Fixed assets | 21/28 | €19,403 | - | -€19,403 | |
| Tangible fixed assets | 22/27 | €17,470 | - | -€17,470 | |
| Land and buildings | 22 | €15,689 | - | -€15,689 | |
| Plant, machinery and equipment | 23 | €1,781 | - | -€1,781 | |
| Financial fixed assets | 28 | €1,933 | - | -€1,933 | |
| Current assets | 29/58 | €101,945 | €54,396 | -€47,549 | -46.6% |
| Amounts receivable within one year | 40/41 | €36,958 | €54,374 | +€17,416 | +47.1% |
| Trade receivables | 40 | €36,958 | €53,064 | +€16,106 | +43.6% |
| Other amounts receivable | 41 | - | €1,310 | +€1,310 | |
| Cash at bank and in hand | 54/58 | €64,987 | €22 | -€64,965 | -100.0% |
| Total equity and liabilities | 10/49 | €121,348 | €54,396 | -€66,951 | -55.2% |
| Equity | 10/15 | -€13,819 | -€28,368 | -€14,549 | -105% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €840 | €840 | = | 0.0% |
| Distributable reserves | 133 | €840 | €840 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,859 | -€35,408 | -€14,549 | -69.8% |
| Amounts payable | 17/49 | €135,166 | €82,764 | -€52,402 | -38.8% |
| Amounts payable within one year | 42/48 | €123,916 | €69,899 | -€54,018 | -43.6% |
| Trade debts | 44 | €41,487 | €24,021 | -€17,465 | -42.1% |
| Suppliers | 440/4 | €41,487 | €24,021 | -€17,465 | -42.1% |
| Taxes, remuneration and social security | 45 | €60,391 | €24,745 | -€35,646 | -59.0% |
| Taxes | 450/3 | €6,580 | - | -€6,580 | |
| Remuneration and social security | 454/9 | €53,811 | €24,745 | -€29,067 | -54.0% |
| Other amounts payable | 47/48 | €22,039 | €21,133 | -€906 | -4.1% |
| Accrued charges and deferred income | 492/3 | €11,250 | €12,866 | +€1,616 | +14.4% |
| Non-recurring operating income | 76A | - | €18,804 | +€18,804 | |
| Remuneration, social security and pensions | 62 | €41,229 | €14,168 | -€27,061 | -65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | - | -€400 | |
| Other operating charges | 640/8 | €23,839 | €3,697 | -€20,142 | -84.5% |
| Non-recurring operating charges | 66A | - | €1,933 | +€1,933 | |
| Gross operating margin | 9900 | €50,328 | €5,635 | -€44,694 | -88.8% |
| Operating profit (loss) | 9901 | -€15,140 | -€14,163 | +€976 | +6.4% |
| Financial income | 75/76B | €162 | €53 | -€108 | -66.9% |
| Recurring financial income | 75 | €162 | €53 | -€108 | -66.9% |
| Financial charges | 65/66B | €543 | €439 | -€104 | -19.2% |
| Recurring financial charges | 65 | €543 | €439 | -€104 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,521 | -€14,549 | +€972 | +6.3% |
| Profit (loss) for the period | 9904 | -€15,521 | -€14,549 | +€972 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,521 | -€14,549 | +€972 | +6.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.