DES CRETES: what changed
Two fiscal 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 CRETES
Largest movements
- Receivables within one year +€2,691
up €2,691 (+258.2%), from €1,042 to €3,733
- Tangible fixed assets -€1,018
down €1,018 (-2.6%), from €39,300 to €38,282
of which Plant, machinery and equipment: -€1,018
- Deferred charges and accrued income +€867
up €867 (+952.8%), from €91 to €958
- Trade debts +€2,292
up €2,292 (+19.3%), from €11,855 to €14,147
- Short-term financial debts +€878
up €878, from €0 to €878
- Profit (loss) carried forward -€712
down €712 (-0.5%), from -€134,950 to -€135,662
- Provisions -€71,994
down €71,994 (-100.0%), from €71,994 to €0
- Depreciation -€4,751
down €4,751 (-82.4%), from €5,768 to €1,018
- Gross operating margin +€4,372
up €4,372, from -€2,010 to €2,362
- Financial charges +€908
up €908 (+575.3%), from €158 to €1,066
- Financial income +€565
up €565, from €0 to €565
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 | €40,514 | €42,973 | +€2,458 | +6.1% |
| Fixed assets | 21/28 | €39,300 | €38,282 | -€1,018 | -2.6% |
| Tangible fixed assets | 22/27 | €39,300 | €38,282 | -€1,018 | -2.6% |
| Land and buildings | 22 | €36,247 | €36,247 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,053 | €2,035 | -€1,018 | -33.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €1,215 | €4,690 | +€3,476 | +286.1% |
| Amounts receivable within one year | 40/41 | €1,042 | €3,733 | +€2,691 | +258.2% |
| Other amounts receivable | 41 | €1,042 | €3,733 | +€2,691 | +258.2% |
| Cash at bank and in hand | 54/58 | €82 | €0 | -€82 | -100.0% |
| Deferred charges and accrued income | 490/1 | €91 | €958 | +€867 | +952.8% |
| Total equity and liabilities | 10/49 | €40,514 | €42,973 | +€2,458 | +6.1% |
| Equity | 10/15 | €28,659 | €27,948 | -€712 | -2.5% |
| Contributions | 10/11 | €163,610 | €163,610 | = | 0.0% |
| Capital | 10 | €163,610 | €163,610 | = | 0.0% |
| Issued capital | 100 | €163,610 | €163,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,950 | -€135,662 | -€712 | -0.5% |
| Amounts payable | 17/49 | €11,855 | €15,025 | +€3,170 | +26.7% |
| Amounts payable within one year | 42/48 | €11,855 | €15,025 | +€3,170 | +26.7% |
| Financial debts | 43 | €0 | €878 | +€878 | |
| Credit institutions | 430/8 | €0 | €878 | +€878 | |
| Trade debts | 44 | €11,855 | €14,147 | +€2,292 | +19.3% |
| Suppliers | 440/4 | €11,855 | €14,147 | +€2,292 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,768 | €1,018 | -€4,751 | -82.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €71,994 | €0 | -€71,994 | -100.0% |
| Other operating charges | 640/8 | €1,498 | €1,556 | +€58 | +3.9% |
| Gross operating margin | 9900 | -€2,010 | €2,362 | +€4,372 | |
| Operating profit (loss) | 9901 | -€81,270 | -€211 | +€81,059 | +99.7% |
| Financial income | 75/76B | €0 | €565 | +€565 | |
| Recurring financial income | 75 | €0 | €565 | +€565 | |
| Financial charges | 65/66B | €158 | €1,066 | +€908 | +575.3% |
| Recurring financial charges | 65 | €158 | €1,066 | +€908 | +575.3% |
| Profit (loss) for the period before taxes | 9903 | -€81,428 | -€712 | +€80,716 | +99.1% |
| Profit (loss) for the period | 9904 | -€81,428 | -€712 | +€80,716 | +99.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,428 | -€712 | +€80,716 | +99.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.