DES: 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.
DES
Largest movements
- Cash -€3,344
down €3,344 (-96.3%), from €3,471 to €127
mainly Other debts (-€4,057) and Net result for the year (-€1,099)
- Tangible fixed assets -€912
no longer reported in 2024 (was €912)
- Receivables within one year -€902
no longer reported in 2024 (was €902)
of which Trade receivables: -€454
- Other debts -€4,057
no longer reported in 2024 (was €4,057)
- Profit (loss) carried forward -€1,099
down €1,099 (-482%), from -€228 to -€1,327
- Trade debts -€80
no longer reported in 2024 (was €80)
- Tax, wage and social debts +€78
new in 2024: €78
- Gross operating margin -€2,832
down €2,832, from €2,235 to -€597
- Depreciation -€1,435
no longer reported in 2024 (was €1,435)
- Financial charges -€236
down €236 (-67.3%), from €350 to €114
- Other operating charges -€146
down €146 (-27.3%), from €533 to €387
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 | €5,909 | €751 | -€5,158 | -87.3% |
| Formation expenses | 20 | €624 | €624 | -€0 | 0.0% |
| Fixed assets | 21/28 | €912 | - | -€912 | |
| Tangible fixed assets | 22/27 | €912 | - | -€912 | |
| Furniture and vehicles | 24 | €912 | - | -€912 | |
| Current assets | 29/58 | €4,373 | €127 | -€4,246 | -97.1% |
| Amounts receivable within one year | 40/41 | €902 | - | -€902 | |
| Trade receivables | 40 | €454 | - | -€454 | |
| Other amounts receivable | 41 | €448 | - | -€448 | |
| Cash at bank and in hand | 54/58 | €3,471 | €127 | -€3,344 | -96.3% |
| Total equity and liabilities | 10/49 | €5,909 | €751 | -€5,158 | -87.3% |
| Equity | 10/15 | €1,772 | €673 | -€1,099 | -62.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228 | -€1,327 | -€1,099 | -482% |
| Amounts payable | 17/49 | €4,137 | €78 | -€4,059 | -98.1% |
| Amounts payable within one year | 42/48 | €4,137 | €78 | -€4,059 | -98.1% |
| Trade debts | 44 | €80 | - | -€80 | |
| Suppliers | 440/4 | €80 | - | -€80 | |
| Taxes, remuneration and social security | 45 | - | €78 | +€78 | |
| Taxes | 450/3 | - | €78 | +€78 | |
| Other amounts payable | 47/48 | €4,057 | - | -€4,057 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,435 | - | -€1,435 | |
| Other operating charges | 640/8 | €533 | €387 | -€146 | -27.3% |
| Gross operating margin | 9900 | €2,235 | -€597 | -€2,832 | |
| Operating profit (loss) | 9901 | €267 | -€985 | -€1,252 | |
| Financial charges | 65/66B | €350 | €114 | -€236 | -67.3% |
| Recurring financial charges | 65 | €350 | €114 | -€236 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | -€83 | -€1,099 | -€1,016 | -1,224% |
| Income taxes | 67/77 | €11 | - | -€11 | |
| Profit (loss) for the period | 9904 | -€94 | -€1,099 | -€1,005 | -1,069% |
| Profit (loss) for the period to be appropriated | 9905 | -€94 | -€1,099 | -€1,005 | -1,069% |
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 15 October 2026 via checked.be.