DEBLAUWE NSM: what changed
DEBLAUWE NSM
Largest movements
- Tangible fixed assets +€125,932
up €125,932 (+215%), from €58,626 to €184,558
of which Leasing and similar rights: +€151,866
- Receivables within one year -€24,072
down €24,072 (-35.1%), from €68,633 to €44,561
of which Trade receivables: -€28,911
- Deferred charges and accrued income +€3,876
up €3,876 (+964%), from €402 to €4,278
- Cash -€3,240
down €3,240 (-38.6%), from €8,391 to €5,151
mainly Investment in fixed assets (net) (-€157,263) and Net result for the year (-€28,451)
- Intangible fixed assets -€3,000
down €3,000 (-33.3%), from €9,000 to €6,000
- Debts after one year +€105,405
up €105,405 (+658%), from €16,029 to €121,433
- Other debts +€31,430
up €31,430 (+340%), from €9,240 to €40,670
- Profit (loss) carried forward -€28,451
down €28,451 (-39.4%), from -€72,248 to -€100,698
- Tax, wage and social debts -€18,939
down €18,939 (-51.8%), from €36,587 to €17,648
of which Remuneration and social security: -€14,310
- Current portion of long-term debt +€8,879
up €8,879 (+55.9%), from €15,886 to €24,766
- Staff costs -€29,662
down €29,662 (-22.8%), from €129,934 to €100,272
- Gross operating margin -€11,983
down €11,983 (-9.2%), from €130,298 to €118,315
- Financial charges +€4,612
up €4,612 (+76.5%), from €6,026 to €10,638
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,058 | €250,879 | +€101,822 | +68.3% |
| Fixed assets | 21/28 | €67,896 | €190,728 | +€122,832 | +181% |
| Intangible fixed assets | 21 | €9,000 | €6,000 | -€3,000 | -33.3% |
| Tangible fixed assets | 22/27 | €58,626 | €184,558 | +€125,932 | +215% |
| Land and buildings | 22 | €7,429 | €5,540 | -€1,888 | -25.4% |
| Plant, machinery and equipment | 23 | €30,012 | €19,369 | -€10,643 | -35.5% |
| Furniture and vehicles | 24 | €21,185 | €7,782 | -€13,403 | -63.3% |
| Leasing and similar rights | 25 | - | €151,866 | +€151,866 | |
| Financial fixed assets | 28 | €270 | €170 | -€100 | -37.0% |
| Current assets | 29/58 | €81,162 | €60,151 | -€21,011 | -25.9% |
| Stocks and contracts in progress | 3 | €3,736 | €6,162 | +€2,426 | +64.9% |
| Stocks | 30/36 | €3,736 | €6,162 | +€2,426 | +64.9% |
| Amounts receivable within one year | 40/41 | €68,633 | €44,561 | -€24,072 | -35.1% |
| Trade receivables | 40 | €57,211 | €28,300 | -€28,911 | -50.5% |
| Other amounts receivable | 41 | €11,422 | €16,261 | +€4,839 | +42.4% |
| Cash at bank and in hand | 54/58 | €8,391 | €5,151 | -€3,240 | -38.6% |
| Deferred charges and accrued income | 490/1 | €402 | €4,278 | +€3,876 | +964% |
| Total equity and liabilities | 10/49 | €149,058 | €250,879 | +€101,822 | +68.3% |
| Equity | 10/15 | €4,513 | -€23,938 | -€28,451 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,160 | €58,160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €53,800 | €55,660 | +€1,860 | +3.5% |
| Profit (loss) carried forward | 14 | -€72,248 | -€100,698 | -€28,451 | -39.4% |
| Amounts payable | 17/49 | €144,545 | €274,817 | +€130,272 | +90.1% |
| Amounts payable after more than one year | 17 | €16,029 | €121,433 | +€105,405 | +658% |
| Financial debts | 170/4 | €16,029 | €121,433 | +€105,405 | +658% |
| Amounts payable within one year | 42/48 | €127,732 | €152,274 | +€24,542 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €15,886 | €24,766 | +€8,879 | +55.9% |
| Trade debts | 44 | €66,019 | €69,190 | +€3,171 | +4.8% |
| Suppliers | 440/4 | €66,019 | €69,190 | +€3,171 | +4.8% |
| Taxes, remuneration and social security | 45 | €36,587 | €17,648 | -€18,939 | -51.8% |
| Taxes | 450/3 | €7,574 | €2,945 | -€4,629 | -61.1% |
| Remuneration and social security | 454/9 | €29,013 | €14,703 | -€14,310 | -49.3% |
| Other amounts payable | 47/48 | €9,240 | €40,670 | +€31,430 | +340% |
| Accrued charges and deferred income | 492/3 | €784 | €1,110 | +€326 | +41.6% |
| Non-recurring operating income | 76A | €0 | €7,876 | +€7,876 | |
| Remuneration, social security and pensions | 62 | €129,934 | €100,272 | -€29,662 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,919 | €34,431 | +€512 | +1.5% |
| Other operating charges | 640/8 | €1,537 | €1,692 | +€155 | +10.1% |
| Gross operating margin | 9900 | €130,298 | €118,315 | -€11,983 | -9.2% |
| Operating profit (loss) | 9901 | -€35,092 | -€18,081 | +€17,011 | +48.5% |
| Financial income | 75/76B | €64 | €268 | +€204 | +321% |
| Recurring financial income | 75 | €64 | €268 | +€204 | +321% |
| Financial charges | 65/66B | €6,026 | €10,638 | +€4,612 | +76.5% |
| Recurring financial charges | 65 | €6,026 | €10,638 | +€4,612 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | -€41,054 | -€28,451 | +€12,604 | +30.7% |
| Profit (loss) for the period | 9904 | -€41,054 | -€28,451 | +€12,604 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,054 | -€28,451 | +€12,604 | +30.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.