DELL-SERVICES: 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
DELL-SERVICES
NACE 43.990, Other specialised construction activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€25,578
2023 · -€15,801-€9,776
Equity
€70,886
2023 · €96,463-€25,578
Cash
€3,909
2023 · €3,520+€389
Balance sheet total
€212,966
2023 · €282,427-€69,461
Largest movements
Assets
- Receivables within one year -€65,549
down €65,549 (-25.1%), from €260,755 to €195,206
of which Trade receivables: -€65,472
- Deferred charges and accrued income -€2,921
down €2,921 (-44.4%), from €6,582 to €3,661
Equity and liabilities
- Trade debts -€64,652
down €64,652 (-41.2%), from €157,051 to €92,399
- Profit (loss) carried forward -€25,578
down €25,578 (-40.5%), from -€63,097 to -€88,674
- Debts after one year +€11,502
new in 2024: €11,502
- Other debts +€3,495
up €3,495 (+27.3%), from €12,791 to €16,285
- Current portion of long-term debt +€3,198
new in 2024: €3,198
Income statement
- Staff costs +€15,284
up €15,284 (+13.7%), from €111,850 to €127,134
- Gross operating margin +€6,995
up €6,995 (+6.7%), from €103,818 to €110,813
- Other operating charges +€2,418
up €2,418 (+147%), from €1,646 to €4,065
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
-€15,801
Gross operating margin
+€6,995
Staff costs
-€15,284
Depreciation
+€0
Write-downs
-€115
Other operating charges
-€2,418
Other operating items
+€3,000
Financial income
-€699
Financial charges
-€940
Taxes
-€315
Result 2024
-€25,578
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
-€11,451
Investment
-€2,860
Financing
+€14,699
Cash 2023
€3,520
From operations (derived)
-€11,451
Net result for the year
-€25,578
Depreciation
+€4,239
Receivables within one year
+€65,549
Deferred charges and accrued income
+€2,921
Trade debts
-€64,652
Tax, wage and social debts
+€2,575
Other debts
+€3,495
Investment (derived)
-€2,860
Investment in fixed assets (net)
-€2,860
Financing
+€14,699
Debts after one year
+€11,502
Current portion of long-term debt
+€3,198
Cash 2024
€3,909
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,427 | €212,966 | -€69,461 | -24.6% |
| Fixed assets | 21/28 | €11,570 | €10,191 | -€1,380 | -11.9% |
| Tangible fixed assets | 22/27 | €8,508 | €7,128 | -€1,380 | -16.2% |
| Plant, machinery and equipment | 23 | €2,109 | €799 | -€1,309 | -62.1% |
| Furniture and vehicles | 24 | €6,399 | €6,329 | -€70 | -1.1% |
| Financial fixed assets | 28 | €3,062 | €3,062 | = | 0.0% |
| Current assets | 29/58 | €270,857 | €202,776 | -€68,081 | -25.1% |
| Amounts receivable within one year | 40/41 | €260,755 | €195,206 | -€65,549 | -25.1% |
| Trade receivables | 40 | €259,614 | €194,142 | -€65,472 | -25.2% |
| Other amounts receivable | 41 | €1,141 | €1,064 | -€78 | -6.8% |
| Cash at bank and in hand | 54/58 | €3,520 | €3,909 | +€389 | +11.0% |
| Deferred charges and accrued income | 490/1 | €6,582 | €3,661 | -€2,921 | -44.4% |
| Total equity and liabilities | 10/49 | €282,427 | €212,966 | -€69,461 | -24.6% |
| Equity | 10/15 | €96,463 | €70,886 | -€25,578 | -26.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €151,500 | €151,500 | = | 0.0% |
| Distributable reserves | 133 | €151,500 | €151,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,097 | -€88,674 | -€25,578 | -40.5% |
| Amounts payable | 17/49 | €185,964 | €142,081 | -€43,883 | -23.6% |
| Amounts payable after more than one year | 17 | - | €11,502 | +€11,502 | |
| Financial debts | 170/4 | - | €11,502 | +€11,502 | |
| Amounts payable within one year | 42/48 | €185,964 | €130,579 | -€55,385 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,198 | +€3,198 | |
| Trade debts | 44 | €157,051 | €92,399 | -€64,652 | -41.2% |
| Suppliers | 440/4 | €157,051 | €92,399 | -€64,652 | -41.2% |
| Taxes, remuneration and social security | 45 | €16,123 | €18,697 | +€2,575 | +16.0% |
| Taxes | 450/3 | €4,209 | €315 | -€3,895 | -92.5% |
| Remuneration and social security | 454/9 | €11,913 | €18,383 | +€6,469 | +54.3% |
| Other amounts payable | 47/48 | €12,791 | €16,285 | +€3,495 | +27.3% |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Remuneration, social security and pensions | 62 | €111,850 | €127,134 | +€15,284 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,240 | €4,239 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,041 | -€1,925 | +€115 | +5.6% |
| Other operating charges | 640/8 | €1,646 | €4,065 | +€2,418 | +147% |
| Non-recurring operating charges | 66A | €3,000 | - | -€3,000 | |
| Gross operating margin | 9900 | €103,818 | €110,813 | +€6,995 | +6.7% |
| Operating profit (loss) | 9901 | -€14,877 | -€22,700 | -€7,823 | -52.6% |
| Financial income | 75/76B | €707 | €7 | -€699 | -98.9% |
| Recurring financial income | 75 | €707 | €7 | -€699 | -98.9% |
| Financial charges | 65/66B | €1,631 | €2,571 | +€940 | +57.6% |
| Recurring financial charges | 65 | €1,631 | €2,571 | +€940 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,801 | -€25,263 | -€9,461 | -59.9% |
| Income taxes | 67/77 | - | €315 | +€315 | |
| Profit (loss) for the period | 9904 | -€15,801 | -€25,578 | -€9,776 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,801 | -€25,578 | -€9,776 | -61.9% |
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 16 October 2026 via checked.be.