DFA: 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.
DFA
Largest movements
- Cash +€24,609
up €24,609 (+227.6%), from €10,812 to €35,421
mainly Other debts (+€38,498) and Depreciation (+€1,002)
- Receivables within one year +€12,674
up €12,674 (+33.6%), from €37,667 to €50,342
of which Trade receivables: +€14,068
- Tangible fixed assets -€1,291
down €1,291 (-44.2%), from €2,918 to €1,628
of which Furniture and vehicles: -€745
- Other debts +€38,498
new in 2024: €38,498
- Trade debts -€2,393
down €2,393 (-87.0%), from €2,751 to €359
- Reserves -€913
down €913 (-3.9%), from €23,382 to €22,469
- Financial charges +€44,855
up €44,855 (+11401.1%), from €393 to €45,249
- Gross operating margin +€40,531
up €40,531 (+567.3%), from €7,145 to €47,676
- Taxes -€1,370
down €1,370 (-64.8%), from €2,114 to €745
- Financial income -€567
down €567 (-98.5%), from €575 to €9
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 | €51,398 | €87,390 | +€35,993 | +70.0% |
| Fixed assets | 21/28 | €2,918 | €1,628 | -€1,291 | -44.2% |
| Tangible fixed assets | 22/27 | €2,918 | €1,628 | -€1,291 | -44.2% |
| Plant, machinery and equipment | 23 | €1,756 | €1,210 | -€546 | -31.1% |
| Furniture and vehicles | 24 | €1,163 | €418 | -€745 | -64.0% |
| Current assets | 29/58 | €48,479 | €85,762 | +€37,283 | +76.9% |
| Amounts receivable within one year | 40/41 | €37,667 | €50,342 | +€12,674 | +33.6% |
| Trade receivables | 40 | €31,567 | €45,635 | +€14,068 | +44.6% |
| Other amounts receivable | 41 | €6,100 | €4,707 | -€1,394 | -22.8% |
| Cash at bank and in hand | 54/58 | €10,812 | €35,421 | +€24,609 | +227.6% |
| Total equity and liabilities | 10/49 | €51,398 | €87,390 | +€35,993 | +70.0% |
| Equity | 10/15 | €41,982 | €41,069 | -€913 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,382 | €22,469 | -€913 | -3.9% |
| Distributable reserves | 133 | €23,382 | €22,469 | -€913 | -3.9% |
| Amounts payable | 17/49 | €9,416 | €46,322 | +€36,906 | +392.0% |
| Amounts payable within one year | 42/48 | €9,416 | €46,322 | +€36,906 | +392.0% |
| Trade debts | 44 | €2,751 | €359 | -€2,393 | -87.0% |
| Suppliers | 440/4 | €2,751 | €359 | -€2,393 | -87.0% |
| Taxes, remuneration and social security | 45 | €6,665 | €7,465 | +€801 | +12.0% |
| Taxes | 450/3 | €6,665 | €7,465 | +€801 | +12.0% |
| Other amounts payable | 47/48 | - | €38,498 | +€38,498 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,063 | €1,002 | -€61 | -5.7% |
| Other operating charges | 640/8 | €1,255 | €1,602 | +€347 | +27.7% |
| Gross operating margin | 9900 | €7,145 | €47,676 | +€40,531 | +567.3% |
| Operating profit (loss) | 9901 | €4,826 | €45,072 | +€40,245 | +833.9% |
| Financial income | 75/76B | €575 | €9 | -€567 | -98.5% |
| Recurring financial income | 75 | €575 | €9 | -€567 | -98.5% |
| Financial charges | 65/66B | €393 | €45,249 | +€44,855 | +11401.1% |
| Recurring financial charges | 65 | €393 | €45,249 | +€44,855 | +11401.1% |
| Profit (loss) for the period before taxes | 9903 | €5,008 | -€168 | -€5,177 | |
| Income taxes | 67/77 | €2,114 | €745 | -€1,370 | -64.8% |
| Profit (loss) for the period | 9904 | €2,894 | -€913 | -€3,807 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,894 | -€913 | -€3,807 |
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 29 September 2026 via checked.be.