DG PHOTO: what changed
DG PHOTO
Largest movements
- Tangible fixed assets -€2,113
down €2,113 (-31.4%), from €6,724 to €4,611
of which Plant, machinery and equipment: -€1,146
- Cash -€1,136
down €1,136 (-23.8%), from €4,769 to €3,633
mainly Tax, wage and social debts (-€1,814) and Other debts (-€1,348)
- Deferred charges and accrued income +€364
up €364 (+537%), from €68 to €432
- Receivables within one year -€206
down €206 (-14.5%), from €1,419 to €1,213
- Tax, wage and social debts -€1,814
down €1,814 (-70.7%), from €2,567 to €753
- Other debts -€1,348
down €1,348 (-15.3%), from €8,840 to €7,492
- Gross operating margin -€4,796
down €4,796 (-56.3%), from €8,514 to €3,718
- Taxes -€1,150
down €1,150 (-62.7%), from €1,833 to €683
- Depreciation +€554
up €554 (+35.5%), from €1,559 to €2,113
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,980 | €9,889 | -€3,091 | -23.8% |
| Fixed assets | 21/28 | €6,724 | €4,611 | -€2,113 | -31.4% |
| Tangible fixed assets | 22/27 | €6,724 | €4,611 | -€2,113 | -31.4% |
| Plant, machinery and equipment | 23 | €4,371 | €3,225 | -€1,146 | -26.2% |
| Furniture and vehicles | 24 | €2,352 | €1,386 | -€966 | -41.1% |
| Current assets | 29/58 | €6,256 | €5,279 | -€978 | -15.6% |
| Amounts receivable within one year | 40/41 | €1,419 | €1,213 | -€206 | -14.5% |
| Trade receivables | 40 | €1,419 | €1,213 | -€206 | -14.5% |
| Cash at bank and in hand | 54/58 | €4,769 | €3,633 | -€1,136 | -23.8% |
| Deferred charges and accrued income | 490/1 | €68 | €432 | +€364 | +537% |
| Total equity and liabilities | 10/49 | €12,980 | €9,889 | -€3,091 | -23.8% |
| Equity | 10/15 | €120 | €237 | +€117 | +97.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,080 | -€5,963 | +€117 | +1.9% |
| Amounts payable | 17/49 | €12,860 | €9,652 | -€3,207 | -24.9% |
| Amounts payable within one year | 42/48 | €12,860 | €9,645 | -€3,215 | -25.0% |
| Trade debts | 44 | €1,453 | €1,400 | -€53 | -3.7% |
| Suppliers | 440/4 | €1,453 | €1,400 | -€53 | -3.7% |
| Taxes, remuneration and social security | 45 | €2,567 | €753 | -€1,814 | -70.7% |
| Taxes | 450/3 | €2,567 | €753 | -€1,814 | -70.7% |
| Other amounts payable | 47/48 | €8,840 | €7,492 | -€1,348 | -15.3% |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,559 | €2,113 | +€554 | +35.5% |
| Other operating charges | 640/8 | €652 | €728 | +€76 | +11.7% |
| Gross operating margin | 9900 | €8,514 | €3,718 | -€4,796 | -56.3% |
| Operating profit (loss) | 9901 | €6,302 | €877 | -€5,426 | -86.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €110 | €77 | -€33 | -30.0% |
| Recurring financial charges | 65 | €110 | €77 | -€33 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €6,192 | €800 | -€5,393 | -87.1% |
| Income taxes | 67/77 | €1,833 | €683 | -€1,150 | -62.7% |
| Profit (loss) for the period | 9904 | €4,359 | €117 | -€4,243 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,359 | €117 | -€4,243 | -97.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.