DECLIC: 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.
DECLIC
Largest movements
- Cash +€40,450
up €40,450 (+73.6%), from €54,943 to €95,393
- Current investments +€23,999
up €23,999 (+160.0%), from €15,000 to €38,999
- Tangible fixed assets +€5,782
up €5,782 (+198.1%), from €2,918 to €8,700
of which Furniture and vehicles: +€5,769
- Profit (loss) carried forward +€74,273
up €74,273 (+363.6%), from €20,427 to €94,700
- Tax, wage and social debts -€3,834
down €3,834 (-46.6%), from €8,225 to €4,391
- Gross operating margin +€10,549
up €10,549 (+34.1%), from €30,974 to €41,523
- Depreciation -€2,814
down €2,814 (-53.8%), from €5,227 to €2,413
- Taxes -€515
down €515 (-8.9%), from €5,807 to €5,292
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,389 | €177,357 | +€68,968 | +63.6% |
| Fixed assets | 21/28 | €2,968 | €8,750 | +€5,782 | +194.8% |
| Tangible fixed assets | 22/27 | €2,918 | €8,700 | +€5,782 | +198.1% |
| Plant, machinery and equipment | 23 | - | €13 | +€13 | |
| Furniture and vehicles | 24 | €1,028 | €6,797 | +€5,769 | +561.0% |
| Other tangible fixed assets | 26 | €1,890 | €1,890 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €105,421 | €168,607 | +€63,186 | +59.9% |
| Amounts receivable within one year | 40/41 | €35,478 | €34,077 | -€1,401 | -3.9% |
| Trade receivables | 40 | €35,339 | €26,350 | -€8,989 | -25.4% |
| Other amounts receivable | 41 | €139 | €7,727 | +€7,588 | +5475.4% |
| Current investments | 50/53 | €15,000 | €38,999 | +€23,999 | +160.0% |
| Cash at bank and in hand | 54/58 | €54,943 | €95,393 | +€40,450 | +73.6% |
| Deferred charges and accrued income | 490/1 | - | €138 | +€138 | |
| Total equity and liabilities | 10/49 | €108,389 | €177,357 | +€68,968 | +63.6% |
| Equity | 10/15 | €98,694 | €172,966 | +€74,272 | +75.3% |
| Contributions | 10/11 | €22,310 | €22,310 | -€0 | 0.0% |
| Capital | 10 | €22,310 | - | -€22,310 | |
| Issued capital | 100 | €22,310 | - | -€22,310 | |
| Reserves | 13 | €55,957 | €55,956 | -€1 | 0.0% |
| Non-distributable reserves | 130/1 | €2,166 | €2,166 | -€0 | 0.0% |
| Legal reserve | 130 | €2,166 | - | -€2,166 | |
| Reserves not available under the articles | 1311 | - | €2,166 | +€2,166 | |
| Tax-exempt reserves | 132 | €53,790 | €53,790 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €20,427 | €94,700 | +€74,273 | +363.6% |
| Amounts payable | 17/49 | €9,695 | €4,391 | -€5,304 | -54.7% |
| Amounts payable within one year | 42/48 | €8,902 | €4,391 | -€4,511 | -50.7% |
| Trade debts | 44 | €677 | - | -€677 | |
| Suppliers | 440/4 | €677 | - | -€677 | |
| Taxes, remuneration and social security | 45 | €8,225 | €4,391 | -€3,834 | -46.6% |
| Taxes | 450/3 | €8,225 | €4,391 | -€3,834 | -46.6% |
| Accrued charges and deferred income | 492/3 | €793 | - | -€793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,227 | €2,413 | -€2,814 | -53.8% |
| Other operating charges | 640/8 | €249 | €542 | +€293 | +117.7% |
| Gross operating margin | 9900 | €30,974 | €41,523 | +€10,549 | +34.1% |
| Operating profit (loss) | 9901 | €25,498 | €38,568 | +€13,070 | +51.3% |
| Financial income | 75/76B | €1 | €98 | +€97 | +16510.2% |
| Recurring financial income | 75 | €1 | €98 | +€97 | +16510.2% |
| Financial charges | 65/66B | €66 | €70 | +€4 | +6.1% |
| Recurring financial charges | 65 | €66 | €70 | +€4 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €25,433 | €38,596 | +€13,163 | +51.8% |
| Income taxes | 67/77 | €5,807 | €5,292 | -€515 | -8.9% |
| Profit (loss) for the period | 9904 | €19,626 | €33,304 | +€13,678 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,626 | €33,304 | +€13,678 | +69.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.