DEDICATED RESOURCES: 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.
DEDICATED RESOURCES
Largest movements
- Cash -€103,673
no longer reported in 2024 (was €103,673)
mainly Debts after one year (-€184,558) and Trade debts (-€84,580)
- Deferred charges and accrued income +€28,592
up €28,592 (+151.3%), from €18,903 to €47,495
- Receivables within one year -€18,494
down €18,494 (-6.6%), from €282,237 to €263,743
of which Trade receivables: -€16,669
- Tangible fixed assets -€13,311
down €13,311 (-30.8%), from €43,226 to €29,914
of which Furniture and vehicles: -€12,402
- Debts after one year -€184,558
down €184,558 (-94.1%), from €196,090 to €11,532
of which Other amounts payable: -€175,332
- Other debts +€170,021
up €170,021 (+33763.2%), from €504 to €170,525
- Trade debts -€84,580
down €84,580 (-72.8%), from €116,177 to €31,597
- Profit (loss) carried forward -€39,163
down €39,163 (-25.8%), from -€151,968 to -€191,132
- Accrued charges and deferred income +€31,663
new in 2024: €31,663
- Gross operating margin -€114,805
down €114,805 (-34.7%), from €330,908 to €216,102
- Staff costs -€24,128
down €24,128 (-9.1%), from €263,918 to €239,790
- Depreciation -€4,905
down €4,905 (-26.9%), from €18,217 to €13,311
- Taxes -€4,465
down €4,465 (-98.5%), from €4,533 to €68
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.
Cash bridge derived
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 | €475,436 | €368,551 | -€106,885 | -22.5% |
| Fixed assets | 21/28 | €70,624 | €57,313 | -€13,311 | -18.8% |
| Tangible fixed assets | 22/27 | €43,226 | €29,914 | -€13,311 | -30.8% |
| Furniture and vehicles | 24 | €39,590 | €27,187 | -€12,402 | -31.3% |
| Other tangible fixed assets | 26 | €3,636 | €2,727 | -€909 | -25.0% |
| Financial fixed assets | 28 | €27,398 | €27,398 | = | 0.0% |
| Current assets | 29/58 | €404,812 | €311,238 | -€93,574 | -23.1% |
| Amounts receivable within one year | 40/41 | €282,237 | €263,743 | -€18,494 | -6.6% |
| Trade receivables | 40 | €259,081 | €242,411 | -€16,669 | -6.4% |
| Other amounts receivable | 41 | €23,156 | €21,332 | -€1,824 | -7.9% |
| Cash at bank and in hand | 54/58 | €103,673 | - | -€103,673 | |
| Deferred charges and accrued income | 490/1 | €18,903 | €47,495 | +€28,592 | +151.3% |
| Total equity and liabilities | 10/49 | €475,436 | €368,551 | -€106,885 | -22.5% |
| Equity | 10/15 | €123,437 | €84,274 | -€39,163 | -31.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €256,855 | €256,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €255,000 | €255,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€151,968 | -€191,132 | -€39,163 | -25.8% |
| Amounts payable | 17/49 | €351,999 | €284,277 | -€67,722 | -19.2% |
| Amounts payable after more than one year | 17 | €196,090 | €11,532 | -€184,558 | -94.1% |
| Financial debts | 170/4 | €20,758 | €11,532 | -€9,226 | -44.4% |
| Other amounts payable | 178/9 | €175,332 | - | -€175,332 | |
| Amounts payable within one year | 42/48 | €155,909 | €241,082 | +€85,173 | +54.6% |
| Current portion of amounts payable after more than one year | 42 | €9,226 | €9,226 | = | 0.0% |
| Financial debts | 43 | - | €3,013 | +€3,013 | |
| Credit institutions | 430/8 | - | €3,013 | +€3,013 | |
| Trade debts | 44 | €116,177 | €31,597 | -€84,580 | -72.8% |
| Suppliers | 440/4 | €116,177 | €31,597 | -€84,580 | -72.8% |
| Taxes, remuneration and social security | 45 | €30,002 | €26,722 | -€3,281 | -10.9% |
| Taxes | 450/3 | €27,322 | €26,722 | -€600 | -2.2% |
| Remuneration and social security | 454/9 | €2,681 | - | -€2,681 | |
| Other amounts payable | 47/48 | €504 | €170,525 | +€170,021 | +33763.2% |
| Accrued charges and deferred income | 492/3 | - | €31,663 | +€31,663 | |
| Remuneration, social security and pensions | 62 | €263,918 | €239,790 | -€24,128 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,217 | €13,311 | -€4,905 | -26.9% |
| Other operating charges | 640/8 | €2,496 | €1,067 | -€1,428 | -57.2% |
| Non-recurring operating charges | 66A | - | €5 | +€5 | |
| Gross operating margin | 9900 | €330,908 | €216,102 | -€114,805 | -34.7% |
| Operating profit (loss) | 9901 | €46,278 | -€38,071 | -€84,348 | |
| Financial income | 75/76B | €286 | €228 | -€58 | -20.4% |
| Recurring financial income | 75 | €286 | €228 | -€58 | -20.4% |
| Financial charges | 65/66B | €1,584 | €1,252 | -€331 | -20.9% |
| Recurring financial charges | 65 | €1,581 | €1,252 | -€329 | -20.8% |
| Non-recurring financial charges | 66B | €3 | - | -€3 | |
| Profit (loss) for the period before taxes | 9903 | €44,981 | -€39,095 | -€84,075 | |
| Income taxes | 67/77 | €4,533 | €68 | -€4,465 | -98.5% |
| Profit (loss) for the period | 9904 | €40,447 | -€39,163 | -€79,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,447 | -€39,163 | -€79,610 |
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 12 October 2026 via checked.be.