DENDROZOE: 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.
DENDROZOE
Largest movements
- Tangible fixed assets -€2,531
down €2,531 (-56.0%), from €4,516 to €1,985
of which Furniture and vehicles: -€4,516
- Receivables within one year -€2,473
down €2,473 (-65.7%), from €3,763 to €1,290
- Cash +€668
up €668 (+29971.7%), from €2 to €671
mainly Other debts (+€13,169) and Depreciation (+€8,405)
- Profit (loss) carried forward -€20,687
down €20,687 (-140.2%), from -€14,751 to -€35,438
- Other debts +€13,169
up €13,169 (+59.9%), from €21,976 to €35,145
- Trade debts +€2,760
up €2,760 (+302.7%), from €912 to €3,672
- Tax, wage and social debts +€422
up €422 (+293.6%), from €144 to €566
- Depreciation +€3,021
up €3,021 (+56.1%), from €5,384 to €8,405
- Gross operating margin -€1,235
down €1,235 (-14.2%), from -€8,686 to -€9,922
- Other operating charges +€935
up €935 (+239.3%), from €391 to €1,326
- Financial charges +€749
up €749 (+478.7%), from €157 to €906
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 | €8,281 | €3,946 | -€4,335 | -52.4% |
| Fixed assets | 21/28 | €4,516 | €1,985 | -€2,531 | -56.0% |
| Tangible fixed assets | 22/27 | €4,516 | €1,985 | -€2,531 | -56.0% |
| Plant, machinery and equipment | 23 | - | €1,985 | +€1,985 | |
| Furniture and vehicles | 24 | €4,516 | €0 | -€4,516 | -100.0% |
| Current assets | 29/58 | €3,765 | €1,961 | -€1,804 | -47.9% |
| Amounts receivable within one year | 40/41 | €3,763 | €1,290 | -€2,473 | -65.7% |
| Trade receivables | 40 | €3,763 | €1,290 | -€2,473 | -65.7% |
| Cash at bank and in hand | 54/58 | €2 | €671 | +€668 | +29971.7% |
| Total equity and liabilities | 10/49 | €8,281 | €3,946 | -€4,335 | -52.4% |
| Equity | 10/15 | -€14,751 | -€35,438 | -€20,687 | -140.2% |
| Profit (loss) carried forward | 14 | -€14,751 | -€35,438 | -€20,687 | -140.2% |
| Amounts payable | 17/49 | €23,032 | €39,383 | +€16,351 | +71.0% |
| Amounts payable within one year | 42/48 | €23,032 | €39,383 | +€16,351 | +71.0% |
| Trade debts | 44 | €912 | €3,672 | +€2,760 | +302.7% |
| Suppliers | 440/4 | €912 | €3,672 | +€2,760 | +302.7% |
| Taxes, remuneration and social security | 45 | €144 | €566 | +€422 | +293.6% |
| Taxes | 450/3 | €144 | €566 | +€422 | +293.6% |
| Other amounts payable | 47/48 | €21,976 | €35,145 | +€13,169 | +59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,384 | €8,405 | +€3,021 | +56.1% |
| Other operating charges | 640/8 | €391 | €1,326 | +€935 | +239.3% |
| Gross operating margin | 9900 | -€8,686 | -€9,922 | -€1,235 | -14.2% |
| Operating profit (loss) | 9901 | -€14,461 | -€19,653 | -€5,192 | -35.9% |
| Financial charges | 65/66B | €157 | €906 | +€749 | +478.7% |
| Recurring financial charges | 65 | €157 | €906 | +€749 | +478.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,618 | -€20,559 | -€5,941 | -40.6% |
| Income taxes | 67/77 | €133 | €128 | -€5 | -3.8% |
| Profit (loss) for the period | 9904 | -€14,751 | -€20,687 | -€5,936 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,751 | -€20,687 | -€5,936 | -40.2% |
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 11 October 2026 via checked.be.