DEINCEPS: 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.
DEINCEPS
Largest movements
- Receivables after one year +€65,000
new in 2024: €65,000
- Receivables within one year -€23,187
down €23,187 (-33.3%), from €69,577 to €46,390
of which Other amounts receivable: -€65,596
- Cash +€18,336
up €18,336 (+457.7%), from €4,006 to €22,341
mainly Tax, wage and social debts (+€40,532) and Net result for the year (+€24,625)
- Financial fixed assets -€8,612
down €8,612 (-52.7%), from €16,331 to €7,719
- Deferred charges and accrued income -€4,505
down €4,505 (-90.1%), from €4,999 to €494
- Tax, wage and social debts +€40,532
up €40,532 (+160.9%), from €25,192 to €65,723
of which Remuneration and social security: +€45,306
- Profit (loss) carried forward +€24,625
up €24,625 (+135.1%), from €18,229 to €42,854
- Trade debts -€11,238
down €11,238 (-40.3%), from €27,888 to €16,650
- Debts after one year -€4,343
no longer reported in 2024 (was €4,343)
- Gross operating margin +€37,404
up €37,404 (+32.4%), from €115,394 to €152,798
- Staff costs +€10,088
up €10,088 (+8.9%), from €113,479 to €123,567
- Taxes -€2,717
no longer reported in 2024 (was €2,717)
- Other operating charges -€2,332
down €2,332 (-60.7%), from €3,841 to €1,509
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 | €96,799 | €144,123 | +€47,324 | +48.9% |
| Fixed assets | 21/28 | €18,217 | €8,398 | -€9,819 | -53.9% |
| Tangible fixed assets | 22/27 | €1,886 | €679 | -€1,207 | -64.0% |
| Plant, machinery and equipment | 23 | €573 | €339 | -€233 | -40.7% |
| Furniture and vehicles | 24 | €1,313 | €340 | -€974 | -74.1% |
| Financial fixed assets | 28 | €16,331 | €7,719 | -€8,612 | -52.7% |
| Current assets | 29/58 | €78,582 | €135,725 | +€57,143 | +72.7% |
| Amounts receivable after more than one year | 29 | - | €65,000 | +€65,000 | |
| Other amounts receivable | 291 | - | €65,000 | +€65,000 | |
| Stocks and contracts in progress | 3 | - | €1,500 | +€1,500 | |
| Stocks | 30/36 | - | €1,500 | +€1,500 | |
| Amounts receivable within one year | 40/41 | €69,577 | €46,390 | -€23,187 | -33.3% |
| Trade receivables | 40 | - | €42,408 | +€42,408 | |
| Other amounts receivable | 41 | €69,577 | €3,982 | -€65,596 | -94.3% |
| Cash at bank and in hand | 54/58 | €4,006 | €22,341 | +€18,336 | +457.7% |
| Deferred charges and accrued income | 490/1 | €4,999 | €494 | -€4,505 | -90.1% |
| Total equity and liabilities | 10/49 | €96,799 | €144,123 | +€47,324 | +48.9% |
| Equity | 10/15 | €33,399 | €58,024 | +€24,625 | +73.7% |
| Contributions | 10/11 | €7,585 | €7,585 | = | 0.0% |
| Reserves | 13 | €7,585 | €7,585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,585 | €7,585 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,585 | €7,585 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,229 | €42,854 | +€24,625 | +135.1% |
| Amounts payable | 17/49 | €63,401 | €86,099 | +€22,698 | +35.8% |
| Amounts payable after more than one year | 17 | €4,343 | - | -€4,343 | |
| Financial debts | 170/4 | €4,343 | - | -€4,343 | |
| Amounts payable within one year | 42/48 | €59,058 | €86,099 | +€27,042 | +45.8% |
| Current portion of amounts payable after more than one year | 42 | €4,878 | €3,726 | -€1,152 | -23.6% |
| Trade debts | 44 | €27,888 | €16,650 | -€11,238 | -40.3% |
| Suppliers | 440/4 | €27,888 | €16,650 | -€11,238 | -40.3% |
| Taxes, remuneration and social security | 45 | €25,192 | €65,723 | +€40,532 | +160.9% |
| Taxes | 450/3 | €9,416 | €4,641 | -€4,774 | -50.7% |
| Remuneration and social security | 454/9 | €15,776 | €61,082 | +€45,306 | +287.2% |
| Other amounts payable | 47/48 | €1,100 | - | -€1,100 | |
| Remuneration, social security and pensions | 62 | €113,479 | €123,567 | +€10,088 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,244 | €1,022 | -€222 | -17.8% |
| Other operating charges | 640/8 | €3,841 | €1,509 | -€2,332 | -60.7% |
| Non-recurring operating charges | 66A | - | €1,537 | +€1,537 | |
| Gross operating margin | 9900 | €115,394 | €152,798 | +€37,404 | +32.4% |
| Operating profit (loss) | 9901 | -€3,169 | €25,163 | +€28,332 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +528.9% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +528.9% |
| Financial charges | 65/66B | €812 | €540 | -€272 | -33.5% |
| Recurring financial charges | 65 | €812 | €540 | -€272 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,981 | €24,625 | +€28,606 | |
| Income taxes | 67/77 | €2,717 | - | -€2,717 | |
| Profit (loss) for the period | 9904 | -€6,699 | €24,625 | +€31,324 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,699 | €24,625 | +€31,324 |
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 3 October 2026 via checked.be.