DEAL EXPRESS: 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.
DEAL EXPRESS
Largest movements
- Stocks and contracts +€181,956
up €181,956 (+72.2%), from €251,942 to €433,898
- Tangible fixed assets +€86,864
up €86,864 (+95.8%), from €90,651 to €177,515
of which Other tangible fixed assets: +€73,984
- Receivables within one year +€24,038
up €24,038 (+43.7%), from €55,024 to €79,062
of which Trade receivables: +€24,014
- Trade debts +€203,340
up €203,340 (+358%), from €56,856 to €260,196
- Current portion of long-term debt +€42,190
up €42,190 (+280%), from €15,057 to €57,247
- Debts after one year +€34,643
up €34,643 (+37.7%), from €91,909 to €126,552
- Tax, wage and social debts +€18,426
up €18,426 (+48.7%), from €37,847 to €56,273
of which Remuneration and social security: +€13,600
- Staff costs +€44,408
up €44,408 (+31.7%), from €140,224 to €184,632
- Gross operating margin +€28,672
up €28,672 (+13.5%), from €213,123 to €241,795
- Depreciation +€8,124
up €8,124 (+22.3%), from €36,378 to €44,502
- Other operating charges -€4,840
down €4,840 (-58.4%), from €8,291 to €3,451
- Financial charges +€2,679
up €2,679 (+87.7%), from €3,053 to €5,732
of which Financial charges: +€1,660
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 | €423,905 | €716,144 | +€292,239 | +68.9% |
| Fixed assets | 21/28 | €99,741 | €186,605 | +€86,864 | +87.1% |
| Tangible fixed assets | 22/27 | €90,651 | €177,515 | +€86,864 | +95.8% |
| Plant, machinery and equipment | 23 | €4,780 | €2,360 | -€2,420 | -50.6% |
| Furniture and vehicles | 24 | €56,302 | €41,274 | -€15,028 | -26.7% |
| Leasing and similar rights | 25 | €25,415 | €55,743 | +€30,328 | +119% |
| Other tangible fixed assets | 26 | €4,154 | €78,138 | +€73,984 | +1,781% |
| Financial fixed assets | 28 | €9,090 | €9,090 | = | 0.0% |
| Current assets | 29/58 | €324,164 | €529,539 | +€205,375 | +63.4% |
| Stocks and contracts in progress | 3 | €251,942 | €433,898 | +€181,956 | +72.2% |
| Stocks | 30/36 | €251,942 | €433,898 | +€181,956 | +72.2% |
| Amounts receivable within one year | 40/41 | €55,024 | €79,062 | +€24,038 | +43.7% |
| Trade receivables | 40 | €55,024 | €79,038 | +€24,014 | +43.6% |
| Other amounts receivable | 41 | - | €24 | +€24 | |
| Cash at bank and in hand | 54/58 | €17,198 | €16,579 | -€619 | -3.6% |
| Total equity and liabilities | 10/49 | €423,905 | €716,144 | +€292,239 | +68.9% |
| Equity | 10/15 | €137,455 | €131,095 | -€6,360 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,995 | €110,635 | -€6,360 | -5.4% |
| Amounts payable | 17/49 | €286,450 | €585,049 | +€298,599 | +104% |
| Amounts payable after more than one year | 17 | €91,909 | €126,552 | +€34,643 | +37.7% |
| Financial debts | 170/4 | €91,909 | €126,552 | +€34,643 | +37.7% |
| Amounts payable within one year | 42/48 | €194,541 | €458,497 | +€263,956 | +136% |
| Current portion of amounts payable after more than one year | 42 | €15,057 | €57,247 | +€42,190 | +280% |
| Trade debts | 44 | €56,856 | €260,196 | +€203,340 | +358% |
| Suppliers | 440/4 | €56,856 | €260,196 | +€203,340 | +358% |
| Taxes, remuneration and social security | 45 | €37,847 | €56,273 | +€18,426 | +48.7% |
| Taxes | 450/3 | €7,635 | €12,461 | +€4,826 | +63.2% |
| Remuneration and social security | 454/9 | €30,212 | €43,812 | +€13,600 | +45.0% |
| Other amounts payable | 47/48 | €84,781 | €84,781 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €140,224 | €184,632 | +€44,408 | +31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,378 | €44,502 | +€8,124 | +22.3% |
| Other operating charges | 640/8 | €8,291 | €3,451 | -€4,840 | -58.4% |
| Gross operating margin | 9900 | €213,123 | €241,795 | +€28,672 | +13.5% |
| Operating profit (loss) | 9901 | €28,230 | €9,210 | -€19,020 | -67.4% |
| Financial income | 75/76B | €470 | €923 | +€453 | +96.4% |
| Recurring financial income | 75 | €90 | €3 | -€87 | -96.7% |
| Non-recurring financial income | 76B | €380 | €920 | +€540 | +142% |
| Financial charges | 65/66B | €3,053 | €5,732 | +€2,679 | +87.7% |
| Recurring financial charges | 65 | €3,053 | €4,713 | +€1,660 | +54.4% |
| Non-recurring financial charges | 66B | - | €1,019 | +€1,019 | |
| Profit (loss) for the period before taxes | 9903 | €25,647 | €4,401 | -€21,246 | -82.8% |
| Income taxes | 67/77 | €11,901 | €10,761 | -€1,140 | -9.6% |
| Profit (loss) for the period | 9904 | €13,746 | -€6,360 | -€20,106 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,746 | -€6,360 | -€20,106 |
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 20 October 2026 via checked.be.