DEGUITE ET Co: 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.
What changed
DEGUITE ET Co
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€63,969
2023 · €1,674+€62,295
Equity
€1.9m
2023 · €1.8m+€63,969
Cash
€280,801
2023 · €254,970+€25,831
Balance sheet total
€2.8m
2023 · €3.1m-€311,525
Largest movements
Assets
- Stocks and contracts -€212,594
down €212,594 (-14.9%), from €1.4m to €1.2m
- Intangible fixed assets -€82,716
down €82,716 (-7.1%), from €1.2m to €1.1m
- Deferred charges and accrued income -€46,549
down €46,549 (-84.2%), from €55,277 to €8,728
Equity and liabilities
- Trade debts -€146,654
down €146,654 (-52.2%), from €281,197 to €134,543
- Tax, wage and social debts -€135,476
down €135,476 (-22.5%), from €602,749 to €467,273
of which Remuneration and social security: -€135,487
- Profit (loss) carried forward +€63,969
up €63,969 (+61.4%), from €104,204 to €168,173
- Accrued charges and deferred income -€55,505
no longer reported in 2024 (was €55,505)
- Other debts -€43,200
down €43,200 (-59.7%), from €72,400 to €29,200
Income statement
- Gross operating margin -€121,739
down €121,739 (-12.9%), from €940,098 to €818,359
- Staff costs -€34,565
down €34,565 (-6.2%), from €561,966 to €527,401
- Financial charges +€20,344
up €20,344 (+67.6%), from €30,079 to €50,423
- Other operating charges -€15,635
down €15,635 (-55.8%), from €28,014 to €12,379
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.
Result 2023
€1,674
Gross operating margin
-€121,739
Staff costs
+€34,565
Depreciation
-€2,138
Other operating charges
+€15,635
Other operating items
+€157,080
Financial income
-€280
Financial charges
-€20,344
Taxes
-€484
Result 2024
€63,969
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€46,803
Investment
-€26,313
Financing
+€5,341
Cash 2023
€254,970
From operations (derived)
+€46,803
Net result for the year
+€63,969
Depreciation
+€94,530
Stocks and contracts
+€212,594
Receivables within one year
+€9,996
Deferred charges and accrued income
+€46,549
Trade debts
-€146,654
Tax, wage and social debts
-€135,476
Other debts
-€43,200
Accrued charges and deferred income
-€55,505
Investment (derived)
-€26,313
Investment in fixed assets (net)
-€26,313
Financing
+€5,341
Debts after one year
+€32,819
Current portion of long-term debt
-€25,992
Short-term financial debts
-€1,486
Cash 2024
€280,801
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,081,920 | €2,770,395 | -€311,525 | -10.1% |
| Fixed assets | 21/28 | €1,190,643 | €1,122,426 | -€68,217 | -5.7% |
| Intangible fixed assets | 21 | €1,158,026 | €1,075,310 | -€82,716 | -7.1% |
| Tangible fixed assets | 22/27 | €18,787 | €33,286 | +€14,499 | +77.2% |
| Plant, machinery and equipment | 23 | €2,483 | €2,809 | +€326 | +13.1% |
| Furniture and vehicles | 24 | €8,882 | €24,131 | +€15,249 | +172% |
| Other tangible fixed assets | 26 | €7,422 | €6,346 | -€1,076 | -14.5% |
| Financial fixed assets | 28 | €13,830 | €13,830 | = | 0.0% |
| Current assets | 29/58 | €1,891,277 | €1,647,969 | -€243,308 | -12.9% |
| Stocks and contracts in progress | 3 | €1,422,513 | €1,209,919 | -€212,594 | -14.9% |
| Stocks | 30/36 | €1,422,513 | €1,209,919 | -€212,594 | -14.9% |
| Amounts receivable within one year | 40/41 | €158,517 | €148,521 | -€9,996 | -6.3% |
| Trade receivables | 40 | €158,517 | €148,038 | -€10,479 | -6.6% |
| Other amounts receivable | 41 | - | €483 | +€483 | |
| Cash at bank and in hand | 54/58 | €254,970 | €280,801 | +€25,831 | +10.1% |
| Deferred charges and accrued income | 490/1 | €55,277 | €8,728 | -€46,549 | -84.2% |
| Total equity and liabilities | 10/49 | €3,081,920 | €2,770,395 | -€311,525 | -10.1% |
| Equity | 10/15 | €1,797,998 | €1,861,967 | +€63,969 | +3.6% |
| Contributions | 10/11 | €223,104 | €223,104 | = | 0.0% |
| Capital | 10 | €223,104 | €223,104 | = | 0.0% |
| Issued capital | 100 | €223,104 | €223,104 | = | 0.0% |
| Reserves | 13 | €1,470,690 | €1,470,690 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,308 | €46,308 | = | 0.0% |
| Legal reserve | 130 | €46,308 | €46,308 | = | 0.0% |
| Tax-exempt reserves | 132 | €332,218 | €332,218 | = | 0.0% |
| Distributable reserves | 133 | €1,092,164 | €1,092,164 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,204 | €168,173 | +€63,969 | +61.4% |
| Provisions and deferred taxes | 16 | €110,739 | €110,739 | = | 0.0% |
| Deferred taxes | 168 | €110,739 | €110,739 | = | 0.0% |
| Amounts payable | 17/49 | €1,173,183 | €797,689 | -€375,494 | -32.0% |
| Amounts payable after more than one year | 17 | €128,947 | €161,766 | +€32,819 | +25.5% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €128,947 | €161,766 | +€32,819 | +25.5% |
| Amounts payable within one year | 42/48 | €988,731 | €635,923 | -€352,808 | -35.7% |
| Current portion of amounts payable after more than one year | 42 | €25,992 | - | -€25,992 | |
| Financial debts | 43 | €6,393 | €4,907 | -€1,486 | -23.2% |
| Credit institutions | 430/8 | €6,393 | €4,907 | -€1,486 | -23.2% |
| Trade debts | 44 | €281,197 | €134,543 | -€146,654 | -52.2% |
| Suppliers | 440/4 | €281,197 | €134,543 | -€146,654 | -52.2% |
| Taxes, remuneration and social security | 45 | €602,749 | €467,273 | -€135,476 | -22.5% |
| Taxes | 450/3 | €370,221 | €370,232 | +€11 | 0.0% |
| Remuneration and social security | 454/9 | €232,528 | €97,041 | -€135,487 | -58.3% |
| Other amounts payable | 47/48 | €72,400 | €29,200 | -€43,200 | -59.7% |
| Accrued charges and deferred income | 492/3 | €55,505 | - | -€55,505 | |
| Remuneration, social security and pensions | 62 | €561,966 | €527,401 | -€34,565 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,392 | €94,530 | +€2,138 | +2.3% |
| Other operating charges | 640/8 | €28,014 | €12,379 | -€15,635 | -55.8% |
| Non-recurring operating charges | 66A | €157,080 | - | -€157,080 | |
| Gross operating margin | 9900 | €940,098 | €818,359 | -€121,739 | -12.9% |
| Operating profit (loss) | 9901 | €100,646 | €184,049 | +€83,403 | +82.9% |
| Financial income | 75/76B | €460 | €180 | -€280 | -60.9% |
| Recurring financial income | 75 | €460 | €180 | -€280 | -60.9% |
| Financial charges | 65/66B | €30,079 | €50,423 | +€20,344 | +67.6% |
| Recurring financial charges | 65 | €30,079 | €50,423 | +€20,344 | +67.6% |
| Profit (loss) for the period before taxes | 9903 | €71,027 | €133,806 | +€62,779 | +88.4% |
| Income taxes | 67/77 | €69,353 | €69,837 | +€484 | +0.7% |
| Profit (loss) for the period | 9904 | €1,674 | €63,969 | +€62,295 | +3,721% |
| Profit (loss) for the period to be appropriated | 9905 | €1,674 | €63,969 | +€62,295 | +3,721% |
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 1 November 2026 via checked.be.