DETROVAN: 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.
DETROVAN
Largest movements
- Current investments +€74,990
up €74,990 (+17.0%), from €440,903 to €515,893
- Cash +€26,933
up €26,933 (+111.2%), from €24,210 to €51,143
mainly Other debts (+€109,694) and Net result for the year (+€104,283)
- Other debts +€109,694
up €109,694 (+1180.2%), from €9,294 to €118,988
- Profit (loss) carried forward -€10,717
down €10,717 (-4.1%), from €260,048 to €249,330
- Gross operating margin +€22,668
up €22,668 (+12.6%), from €179,809 to €202,478
- Financial income +€17,886
up €17,886 (+1821.0%), from €982 to €18,868
- Taxes +€9,567
up €9,567 (+37.4%), from €25,607 to €35,175
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 | €818,138 | €922,156 | +€104,018 | +12.7% |
| Fixed assets | 21/28 | €348,820 | €346,965 | -€1,855 | -0.5% |
| Tangible fixed assets | 22/27 | €348,645 | €346,790 | -€1,855 | -0.5% |
| Land and buildings | 22 | €346,592 | €346,236 | -€355 | -0.1% |
| Plant, machinery and equipment | 23 | €812 | €553 | -€259 | -31.8% |
| Furniture and vehicles | 24 | €1,241 | - | -€1,241 | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €469,318 | €575,192 | +€105,873 | +22.6% |
| Amounts receivable within one year | 40/41 | - | €3,775 | +€3,775 | |
| Other amounts receivable | 41 | - | €3,775 | +€3,775 | |
| Current investments | 50/53 | €440,903 | €515,893 | +€74,990 | +17.0% |
| Cash at bank and in hand | 54/58 | €24,210 | €51,143 | +€26,933 | +111.2% |
| Deferred charges and accrued income | 490/1 | €4,205 | €4,380 | +€175 | +4.2% |
| Total equity and liabilities | 10/49 | €818,138 | €922,156 | +€104,018 | +12.7% |
| Equity | 10/15 | €795,948 | €785,230 | -€10,717 | -1.3% |
| Contributions | 10/11 | €228,000 | €228,000 | = | 0.0% |
| Capital | 10 | €228,000 | €228,000 | = | 0.0% |
| Issued capital | 100 | €228,000 | €228,000 | = | 0.0% |
| Reserves | 13 | €307,900 | €307,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,900 | €22,900 | = | 0.0% |
| Legal reserve | 130 | €22,900 | €22,900 | = | 0.0% |
| Distributable reserves | 133 | €285,000 | €285,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €260,048 | €249,330 | -€10,717 | -4.1% |
| Amounts payable | 17/49 | €22,190 | €136,926 | +€114,735 | +517.0% |
| Amounts payable within one year | 42/48 | €22,190 | €136,591 | +€114,400 | +515.5% |
| Trade debts | 44 | - | €27 | +€27 | |
| Suppliers | 440/4 | - | €27 | +€27 | |
| Taxes, remuneration and social security | 45 | €12,896 | €17,576 | +€4,680 | +36.3% |
| Taxes | 450/3 | €5,852 | €10,325 | +€4,474 | +76.5% |
| Remuneration and social security | 454/9 | €7,045 | €7,251 | +€206 | +2.9% |
| Other amounts payable | 47/48 | €9,294 | €118,988 | +€109,694 | +1180.2% |
| Accrued charges and deferred income | 492/3 | - | €335 | +€335 | |
| Remuneration, social security and pensions | 62 | €40,790 | €41,672 | +€883 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,210 | €18,743 | +€532 | +2.9% |
| Other operating charges | 640/8 | €20,279 | €21,192 | +€913 | +4.5% |
| Gross operating margin | 9900 | €179,809 | €202,478 | +€22,668 | +12.6% |
| Operating profit (loss) | 9901 | €100,530 | €120,871 | +€20,341 | +20.2% |
| Financial income | 75/76B | €982 | €18,868 | +€17,886 | +1821.0% |
| Recurring financial income | 75 | €982 | €18,868 | +€17,886 | +1821.0% |
| Financial charges | 65/66B | €338 | €282 | -€56 | -16.6% |
| Recurring financial charges | 65 | €338 | €282 | -€56 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €101,175 | €139,457 | +€38,283 | +37.8% |
| Income taxes | 67/77 | €25,607 | €35,175 | +€9,567 | +37.4% |
| Profit (loss) for the period | 9904 | €75,567 | €104,283 | +€28,716 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,567 | €104,283 | +€28,716 | +38.0% |
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 30 September 2026 via checked.be.