Den Afhaal: 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.
Den Afhaal
Largest movements
- Receivables within one year -€27,330
down €27,330 (-49.4%), from €55,352 to €28,022
of which Trade receivables: -€37,500
- Receivables after one year +€24,338
up €24,338 (+7.6%), from €321,400 to €345,738
- Tangible fixed assets -€18,453
down €18,453 (-22.6%), from €81,609 to €63,156
- Debts after one year -€18,761
down €18,761 (-47.5%), from €39,497 to €20,735
- Profit (loss) carried forward +€8,235
up €8,235 (+2.3%), from €356,602 to €364,837
- Tax, wage and social debts -€5,360
down €5,360 (-55.4%), from €9,678 to €4,318
of which Taxes: -€4,363
- Gross operating margin -€114,680
down €114,680 (-70.3%), from €163,112 to €48,432
- Staff costs -€73,546
down €73,546 (-88.1%), from €83,459 to €9,913
- Taxes -€10,743
down €10,743 (-73.4%), from €14,640 to €3,897
- Financial charges +€3,234
up €3,234 (+205%), from €1,578 to €4,812
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €476,340 | €456,168 | -€20,172 | -4.2% |
| Fixed assets | 21/28 | €81,609 | €63,156 | -€18,453 | -22.6% |
| Tangible fixed assets | 22/27 | €81,609 | €63,156 | -€18,453 | -22.6% |
| Land and buildings | 22 | €1,614 | €1,438 | -€176 | -10.9% |
| Plant, machinery and equipment | 23 | €60,371 | €51,261 | -€9,109 | -15.1% |
| Furniture and vehicles | 24 | €6,182 | €4,018 | -€2,164 | -35.0% |
| Other tangible fixed assets | 26 | €13,443 | €6,439 | -€7,004 | -52.1% |
| Current assets | 29/58 | €394,731 | €393,012 | -€1,719 | -0.4% |
| Amounts receivable after more than one year | 29 | €321,400 | €345,738 | +€24,338 | +7.6% |
| Other amounts receivable | 291 | €321,400 | €345,738 | +€24,338 | +7.6% |
| Amounts receivable within one year | 40/41 | €55,352 | €28,022 | -€27,330 | -49.4% |
| Trade receivables | 40 | €37,500 | €0 | -€37,500 | -100% |
| Other amounts receivable | 41 | €17,852 | €28,022 | +€10,170 | +57.0% |
| Cash at bank and in hand | 54/58 | €17,979 | €19,111 | +€1,132 | +6.3% |
| Deferred charges and accrued income | 490/1 | €0 | €141 | +€141 | |
| Total equity and liabilities | 10/49 | €476,340 | €456,168 | -€20,172 | -4.2% |
| Equity | 10/15 | €364,662 | €372,897 | +€8,235 | +2.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €356,602 | €364,837 | +€8,235 | +2.3% |
| Amounts payable | 17/49 | €111,678 | €83,271 | -€28,407 | -25.4% |
| Amounts payable after more than one year | 17 | €39,497 | €20,735 | -€18,761 | -47.5% |
| Financial debts | 170/4 | €39,497 | €20,735 | -€18,761 | -47.5% |
| Amounts payable within one year | 42/48 | €72,181 | €62,535 | -€9,646 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €18,379 | €18,761 | +€382 | +2.1% |
| Financial debts | 43 | €7,629 | €7,302 | -€327 | -4.3% |
| Credit institutions | 430/8 | €7,629 | €7,302 | -€327 | -4.3% |
| Trade debts | 44 | €36,495 | €32,154 | -€4,341 | -11.9% |
| Suppliers | 440/4 | €36,495 | €32,154 | -€4,341 | -11.9% |
| Taxes, remuneration and social security | 45 | €9,678 | €4,318 | -€5,360 | -55.4% |
| Taxes | 450/3 | €6,182 | €1,819 | -€4,363 | -70.6% |
| Remuneration and social security | 454/9 | €3,496 | €2,499 | -€997 | -28.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €2,683 | - | -€2,683 | |
| Remuneration, social security and pensions | 62 | €83,459 | €9,913 | -€73,546 | -88.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,622 | €18,453 | +€831 | +4.7% |
| Other operating charges | 640/8 | €4,387 | €3,123 | -€1,264 | -28.8% |
| Non-recurring operating charges | 66A | €1,313 | - | -€1,313 | |
| Gross operating margin | 9900 | €163,112 | €48,432 | -€114,680 | -70.3% |
| Operating profit (loss) | 9901 | €56,331 | €16,943 | -€39,387 | -69.9% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €1,578 | €4,812 | +€3,234 | +205% |
| Recurring financial charges | 65 | €1,578 | €4,812 | +€3,234 | +205% |
| Profit (loss) for the period before taxes | 9903 | €54,752 | €12,131 | -€42,621 | -77.8% |
| Income taxes | 67/77 | €14,640 | €3,897 | -€10,743 | -73.4% |
| Profit (loss) for the period | 9904 | €40,113 | €8,235 | -€31,878 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,113 | €8,235 | -€31,878 | -79.5% |
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 27 October 2026 via checked.be.