DERYNCK PIETER: 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.
DERYNCK PIETER
Largest movements
- Receivables within one year -€8,705
down €8,705 (-29.2%), from €29,846 to €21,140
of which Trade receivables: -€20,508
- Stocks and contracts -€1,492
down €1,492 (-100%), from €1,492 to €0
- Cash +€1,360
up €1,360 (+158,185%), from €1 to €1,361
mainly Receivables within one year (+€8,705) and Net result for the year (+€5,637)
- Tangible fixed assets -€965
down €965 (-50.0%), from €1,930 to €965
of which Plant, machinery and equipment: -€965
- Advances received -€17,307
down €17,307 (-100%), from €17,307 to €0
- Profit (loss) carried forward +€5,637
up €5,637 (+49.6%), from -€11,367 to -€5,730
- Trade debts +€1,691
up €1,691 (+50.8%), from €3,327 to €5,018
- Other debts +€1,100
new in 2024: €1,100
- Debts after one year -€982
down €982 (-92.2%), from €1,065 to €83
- Gross operating margin -€9,737
down €9,737 (-56.7%), from €17,185 to €7,448
- Depreciation -€5,540
down €5,540 (-83.2%), from €6,655 to €1,115
- Financial charges -€694
down €694 (-80.8%), from €859 to €165
- Financial income +€178
up €178 (+1,239%), from €14 to €192
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 | €34,018 | €24,204 | -€9,814 | -28.8% |
| Fixed assets | 21/28 | €2,680 | €1,565 | -€1,115 | -41.6% |
| Intangible fixed assets | 21 | €750 | €600 | -€150 | -20.0% |
| Tangible fixed assets | 22/27 | €1,930 | €965 | -€965 | -50.0% |
| Plant, machinery and equipment | 23 | €1,930 | €965 | -€965 | -50.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €31,338 | €22,640 | -€8,699 | -27.8% |
| Stocks and contracts in progress | 3 | €1,492 | €0 | -€1,492 | -100% |
| Contracts in progress | 37 | €1,492 | €0 | -€1,492 | -100% |
| Amounts receivable within one year | 40/41 | €29,846 | €21,140 | -€8,705 | -29.2% |
| Trade receivables | 40 | €29,726 | €9,217 | -€20,508 | -69.0% |
| Other amounts receivable | 41 | €120 | €11,923 | +€11,803 | +9,825% |
| Cash at bank and in hand | 54/58 | €1 | €1,361 | +€1,360 | +158,185% |
| Deferred charges and accrued income | 490/1 | - | €138 | +€138 | |
| Total equity and liabilities | 10/49 | €34,018 | €24,204 | -€9,814 | -28.8% |
| Equity | 10/15 | €8,991 | €14,628 | +€5,637 | +62.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,758 | €1,758 | = | 0.0% |
| Distributable reserves | 133 | €1,758 | €1,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,367 | -€5,730 | +€5,637 | +49.6% |
| Amounts payable | 17/49 | €25,027 | €9,576 | -€15,450 | -61.7% |
| Amounts payable after more than one year | 17 | €1,065 | €83 | -€982 | -92.2% |
| Financial debts | 170/4 | €1,065 | €83 | -€982 | -92.2% |
| Amounts payable within one year | 42/48 | €23,962 | €9,494 | -€14,469 | -60.4% |
| Current portion of amounts payable after more than one year | 42 | €965 | €982 | +€17 | +1.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,327 | €5,018 | +€1,691 | +50.8% |
| Suppliers | 440/4 | €3,327 | €5,018 | +€1,691 | +50.8% |
| Advances received on contracts in progress | 46 | €17,307 | €0 | -€17,307 | -100% |
| Taxes, remuneration and social security | 45 | €2,364 | €2,394 | +€30 | +1.3% |
| Taxes | 450/3 | €2,364 | €2,394 | +€30 | +1.3% |
| Other amounts payable | 47/48 | - | €1,100 | +€1,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,655 | €1,115 | -€5,540 | -83.2% |
| Other operating charges | 640/8 | €749 | €724 | -€25 | -3.4% |
| Gross operating margin | 9900 | €17,185 | €7,448 | -€9,737 | -56.7% |
| Operating profit (loss) | 9901 | €9,782 | €5,609 | -€4,172 | -42.7% |
| Financial income | 75/76B | €14 | €192 | +€178 | +1,239% |
| Recurring financial income | 75 | €14 | €192 | +€178 | +1,239% |
| Financial charges | 65/66B | €859 | €165 | -€694 | -80.8% |
| Recurring financial charges | 65 | €859 | €165 | -€694 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €8,937 | €5,637 | -€3,300 | -36.9% |
| Profit (loss) for the period | 9904 | €8,937 | €5,637 | -€3,300 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,937 | €5,637 | -€3,300 | -36.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.