DEUXM: 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.
DEUXM
Largest movements
- Receivables within one year +€54,342
up €54,342 (+366%), from €14,834 to €69,177
of which Trade receivables: +€55,109
- Stocks and contracts +€17,385
up €17,385 (+32.3%), from €53,849 to €71,234
- Tangible fixed assets +€9,202
up €9,202 (+210%), from €4,391 to €13,593
of which Plant, machinery and equipment: +€10,179
- Formation expenses -€2,692
down €2,692 (-21.1%), from €12,773 to €10,081
- Other debts +€70,398
up €70,398 (+105%), from €67,250 to €137,648
- Reserves +€6,198
up €6,198 (+89.3%), from €6,941 to €13,139
- Tax, wage and social debts +€2,540
up €2,540 (+113%), from €2,242 to €4,783
- Depreciation +€3,426
up €3,426 (+290%), from €1,181 to €4,607
- Gross operating margin +€2,263
up €2,263 (+20.0%), from €11,313 to €13,575
- Other operating charges -€971
down €971 (-91.0%), from €1,067 to €96
- Taxes +€513
up €513 (+25.3%), from €2,027 to €2,540
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 | €90,431 | €168,557 | +€78,127 | +86.4% |
| Formation expenses | 20 | €12,773 | €10,081 | -€2,692 | -21.1% |
| Fixed assets | 21/28 | €4,391 | €13,593 | +€9,202 | +210% |
| Tangible fixed assets | 22/27 | €4,391 | €13,593 | +€9,202 | +210% |
| Plant, machinery and equipment | 23 | - | €10,179 | +€10,179 | |
| Furniture and vehicles | 24 | €4,391 | €3,413 | -€977 | -22.3% |
| Current assets | 29/58 | €73,267 | €144,883 | +€71,616 | +97.7% |
| Stocks and contracts in progress | 3 | €53,849 | €71,234 | +€17,385 | +32.3% |
| Stocks | 30/36 | €53,849 | €71,234 | +€17,385 | +32.3% |
| Amounts receivable within one year | 40/41 | €14,834 | €69,177 | +€54,342 | +366% |
| Trade receivables | 40 | €10,379 | €65,488 | +€55,109 | +531% |
| Other amounts receivable | 41 | €4,455 | €3,689 | -€766 | -17.2% |
| Cash at bank and in hand | 54/58 | €4,584 | €4,473 | -€111 | -2.4% |
| Total equity and liabilities | 10/49 | €90,431 | €168,557 | +€78,127 | +86.4% |
| Equity | 10/15 | €11,941 | €18,139 | +€6,198 | +51.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,941 | €13,139 | +€6,198 | +89.3% |
| Distributable reserves | 133 | €6,941 | €13,139 | +€6,198 | +89.3% |
| Amounts payable | 17/49 | €78,490 | €150,419 | +€71,929 | +91.6% |
| Amounts payable within one year | 42/48 | €78,490 | €150,419 | +€71,929 | +91.6% |
| Trade debts | 44 | €8,997 | €7,988 | -€1,010 | -11.2% |
| Suppliers | 440/4 | €8,997 | €7,988 | -€1,010 | -11.2% |
| Taxes, remuneration and social security | 45 | €2,242 | €4,783 | +€2,540 | +113% |
| Taxes | 450/3 | €2,242 | €4,783 | +€2,540 | +113% |
| Other amounts payable | 47/48 | €67,250 | €137,648 | +€70,398 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,181 | €4,607 | +€3,426 | +290% |
| Other operating charges | 640/8 | €1,067 | €96 | -€971 | -91.0% |
| Gross operating margin | 9900 | €11,313 | €13,575 | +€2,263 | +20.0% |
| Operating profit (loss) | 9901 | €9,064 | €8,872 | -€192 | -2.1% |
| Financial income | 75/76B | €44 | €31 | -€12 | -28.0% |
| Recurring financial income | 75 | €44 | €31 | -€12 | -28.0% |
| Financial charges | 65/66B | €140 | €165 | +€25 | +18.0% |
| Recurring financial charges | 65 | €140 | €165 | +€25 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €8,968 | €8,738 | -€230 | -2.6% |
| Income taxes | 67/77 | €2,027 | €2,540 | +€513 | +25.3% |
| Profit (loss) for the period | 9904 | €6,941 | €6,198 | -€743 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,941 | €6,198 | -€743 | -10.7% |
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 13 October 2026 via checked.be.