Deducio: what changed
Two fiscal 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.
Deducio
Largest movements
- Current investments +€150,000
new in 2024: €150,000
- Cash -€118,157
down €118,157 (-67.0%), from €176,240 to €58,083
mainly Current investments (-€150,000) and Receivables after one year (-€22,000)
- Receivables within one year -€25,459
down €25,459 (-42.6%), from €59,796 to €34,337
of which Trade receivables: -€25,251
- Receivables after one year +€22,000
new in 2024: €22,000
- Tangible fixed assets +€12,746
up €12,746 (+201.8%), from €6,317 to €19,063
of which Furniture and vehicles: +€13,009
- Reserves +€36,362
up €36,362 (+15.7%), from €231,273 to €267,635
- Tax, wage and social debts +€6,041
up €6,041 (+369.7%), from €1,634 to €7,675
of which Taxes: +€5,441
- Gross operating margin +€47,045
up €47,045 (+1197.4%), from €3,929 to €50,973
- Taxes +€11,539
up €11,539 (+706.2%), from €1,634 to €13,173
- Financial income -€4,488
down €4,488 (-42.7%), from €10,513 to €6,026
- Depreciation -€1,508
down €1,508 (-18.6%), from €8,123 to €6,615
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 | €243,394 | €286,303 | +€42,909 | +17.6% |
| Fixed assets | 21/28 | €6,767 | €19,513 | +€12,746 | +188.4% |
| Tangible fixed assets | 22/27 | €6,317 | €19,063 | +€12,746 | +201.8% |
| Plant, machinery and equipment | 23 | €866 | €604 | -€263 | -30.3% |
| Furniture and vehicles | 24 | €5,450 | €18,459 | +€13,009 | +238.7% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €236,628 | €266,791 | +€30,163 | +12.7% |
| Amounts receivable after more than one year | 29 | - | €22,000 | +€22,000 | |
| Other amounts receivable | 291 | - | €22,000 | +€22,000 | |
| Amounts receivable within one year | 40/41 | €59,796 | €34,337 | -€25,459 | -42.6% |
| Trade receivables | 40 | €59,131 | €33,880 | -€25,251 | -42.7% |
| Other amounts receivable | 41 | €665 | €457 | -€208 | -31.3% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €176,240 | €58,083 | -€118,157 | -67.0% |
| Deferred charges and accrued income | 490/1 | €592 | €2,371 | +€1,779 | +300.2% |
| Total equity and liabilities | 10/49 | €243,394 | €286,303 | +€42,909 | +17.6% |
| Equity | 10/15 | €232,273 | €268,635 | +€36,362 | +15.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €231,273 | €267,635 | +€36,362 | +15.7% |
| Distributable reserves | 133 | €231,273 | €267,635 | +€36,362 | +15.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,121 | €17,668 | +€6,547 | +58.9% |
| Amounts payable within one year | 42/48 | €11,121 | €17,668 | +€6,547 | +58.9% |
| Current portion of amounts payable after more than one year | 42 | €1,947 | €0 | -€1,947 | -100.0% |
| Trade debts | 44 | €1,106 | €1,354 | +€247 | +22.4% |
| Suppliers | 440/4 | €1,106 | €1,354 | +€247 | +22.4% |
| Taxes, remuneration and social security | 45 | €1,634 | €7,675 | +€6,041 | +369.7% |
| Taxes | 450/3 | €1,634 | €7,075 | +€5,441 | +333.0% |
| Remuneration and social security | 454/9 | - | €600 | +€600 | |
| Other amounts payable | 47/48 | €6,434 | €8,640 | +€2,205 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,123 | €6,615 | -€1,508 | -18.6% |
| Other operating charges | 640/8 | - | €393 | +€393 | |
| Non-recurring operating charges | 66A | - | €256 | +€256 | |
| Gross operating margin | 9900 | €3,929 | €50,973 | +€47,045 | +1197.4% |
| Operating profit (loss) | 9901 | -€4,195 | €43,709 | +€47,903 | |
| Financial income | 75/76B | €10,513 | €6,026 | -€4,488 | -42.7% |
| Recurring financial income | 75 | €10,513 | €6,026 | -€4,488 | -42.7% |
| Financial charges | 65/66B | €299 | €199 | -€100 | -33.3% |
| Recurring financial charges | 65 | €299 | €199 | -€100 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €6,020 | €49,535 | +€43,515 | +722.8% |
| Income taxes | 67/77 | €1,634 | €13,173 | +€11,539 | +706.2% |
| Profit (loss) for the period | 9904 | €4,386 | €36,362 | +€31,976 | +729.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,386 | €36,362 | +€31,976 | +729.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.