DEG CONCEPT: 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.
DEG CONCEPT
Largest movements
- Receivables within one year +€133,007
up €133,007 (+368.8%), from €36,067 to €169,074
of which Trade receivables: +€130,196
- Cash -€8,938
down €8,938 (-41.0%), from €21,781 to €12,844
mainly Receivables within one year (-€133,007) and Tax, wage and social debts (-€4,436)
- Trade debts +€116,016
up €116,016 (+955.0%), from €12,148 to €128,164
- Profit (loss) carried forward +€14,889
up €14,889 (+72.6%), from €20,514 to €35,403
- Tax, wage and social debts -€4,436
down €4,436 (-54.2%), from €8,186 to €3,750
of which Taxes: -€3,736
- Other debts -€2,400
down €2,400 (-20.0%), from €12,000 to €9,600
- Purchases and services +€100,226
up €100,226 (+26.9%), from €372,265 to €472,492
- Gross operating margin -€21,347
down €21,347 (-53.2%), from €40,155 to €18,808
- Taxes -€3,736
down €3,736 (-49.9%), from €7,486 to €3,750
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 | €57,848 | €181,917 | +€124,069 | +214.5% |
| Current assets | 29/58 | €57,848 | €181,917 | +€124,069 | +214.5% |
| Amounts receivable within one year | 40/41 | €36,067 | €169,074 | +€133,007 | +368.8% |
| Trade receivables | 40 | €16,571 | €146,767 | +€130,196 | +785.7% |
| Other amounts receivable | 41 | €19,496 | €22,307 | +€2,811 | +14.4% |
| Cash at bank and in hand | 54/58 | €21,781 | €12,844 | -€8,938 | -41.0% |
| Total equity and liabilities | 10/49 | €57,848 | €181,917 | +€124,069 | +214.5% |
| Equity | 10/15 | €25,514 | €40,403 | +€14,889 | +58.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,514 | €35,403 | +€14,889 | +72.6% |
| Amounts payable | 17/49 | €32,334 | €141,514 | +€109,180 | +337.7% |
| Amounts payable within one year | 42/48 | €32,334 | €141,514 | +€109,180 | +337.7% |
| Trade debts | 44 | €12,148 | €128,164 | +€116,016 | +955.0% |
| Suppliers | 440/4 | €12,148 | €128,164 | +€116,016 | +955.0% |
| Taxes, remuneration and social security | 45 | €8,186 | €3,750 | -€4,436 | -54.2% |
| Taxes | 450/3 | €7,486 | €3,750 | -€3,736 | -49.9% |
| Remuneration and social security | 454/9 | €700 | - | -€700 | |
| Other amounts payable | 47/48 | €12,000 | €9,600 | -€2,400 | -20.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €372,265 | €472,492 | +€100,226 | +26.9% |
| Gross operating margin | 9900 | €40,155 | €18,808 | -€21,347 | -53.2% |
| Operating profit (loss) | 9901 | €40,155 | €18,808 | -€21,347 | -53.2% |
| Financial charges | 65/66B | €155 | €169 | +€14 | +9.1% |
| Recurring financial charges | 65 | €155 | €169 | +€14 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €40,000 | €18,639 | -€21,361 | -53.4% |
| Income taxes | 67/77 | €7,486 | €3,750 | -€3,736 | -49.9% |
| Profit (loss) for the period | 9904 | €32,514 | €14,889 | -€17,626 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,514 | €14,889 | -€17,626 | -54.2% |
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 1 October 2026 via checked.be.