DGS: 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.
DGS
Largest movements
- Cash +€578,412
up €578,412 (+2826.1%), from €20,467 to €598,879
mainly Net result for the year (+€569,590) and Provisions (+€137,847)
- Tangible fixed assets -€74,667
down €74,667 (-18.5%), from €403,232 to €328,565
of which Land and buildings: -€71,489
- Receivables within one year +€15,379
up €15,379 (+77.4%), from €19,878 to €35,256
of which Other amounts receivable: +€20,330
- Reserves +€551,389
up €551,389 (+1172.4%), from €47,030 to €598,419
of which Tax-exempt reserves: +€551,389
- Other debts -€181,095
down €181,095 (-85.8%), from €211,176 to €30,081
- Provisions +€137,847
new in 2024: €137,847
- Tax, wage and social debts +€22,951
up €22,951 (+119.2%), from €19,248 to €42,200
- Profit (loss) carried forward +€18,201
up €18,201 (+27.4%), from €66,358 to €84,559
- Gross operating margin +€660,973
up €660,973 (+790.4%), from €83,624 to €744,597
- Taxes -€22,586
down €22,586 (-78.6%), from €28,753 to €6,167
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 | €443,979 | €969,415 | +€525,436 | +118.3% |
| Fixed assets | 21/28 | €403,635 | €328,968 | -€74,667 | -18.5% |
| Tangible fixed assets | 22/27 | €403,232 | €328,565 | -€74,667 | -18.5% |
| Land and buildings | 22 | €349,259 | €277,770 | -€71,489 | -20.5% |
| Plant, machinery and equipment | 23 | €1,805 | €1,316 | -€489 | -27.1% |
| Furniture and vehicles | 24 | €52,168 | €49,479 | -€2,689 | -5.2% |
| Financial fixed assets | 28 | €403 | €403 | = | 0.0% |
| Current assets | 29/58 | €40,344 | €640,447 | +€600,103 | +1487.4% |
| Amounts receivable within one year | 40/41 | €19,878 | €35,256 | +€15,379 | +77.4% |
| Trade receivables | 40 | €19,393 | €14,442 | -€4,951 | -25.5% |
| Other amounts receivable | 41 | €485 | €20,815 | +€20,330 | +4194.1% |
| Cash at bank and in hand | 54/58 | €20,467 | €598,879 | +€578,412 | +2826.1% |
| Deferred charges and accrued income | 490/1 | - | €6,312 | +€6,312 | |
| Total equity and liabilities | 10/49 | €443,979 | €969,415 | +€525,436 | +118.3% |
| Equity | 10/15 | €163,463 | €733,053 | +€569,590 | +348.5% |
| Contributions | 10/11 | €50,074 | €50,074 | = | 0.0% |
| Reserves | 13 | €47,030 | €598,419 | +€551,389 | +1172.4% |
| Tax-exempt reserves | 132 | €22,455 | €573,844 | +€551,389 | +2455.6% |
| Distributable reserves | 133 | €24,576 | €24,576 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,358 | €84,559 | +€18,201 | +27.4% |
| Provisions and deferred taxes | 16 | - | €137,847 | +€137,847 | |
| Deferred taxes | 168 | - | €137,847 | +€137,847 | |
| Amounts payable | 17/49 | €280,517 | €98,515 | -€182,001 | -64.9% |
| Amounts payable within one year | 42/48 | €277,317 | €95,315 | -€182,001 | -65.6% |
| Current portion of amounts payable after more than one year | 42 | €12,600 | - | -€12,600 | |
| Trade debts | 44 | €34,292 | €23,035 | -€11,258 | -32.8% |
| Suppliers | 440/4 | €34,292 | €23,035 | -€11,258 | -32.8% |
| Taxes, remuneration and social security | 45 | €19,248 | €42,200 | +€22,951 | +119.2% |
| Taxes | 450/3 | €19,248 | €42,200 | +€22,951 | +119.2% |
| Other amounts payable | 47/48 | €211,176 | €30,081 | -€181,095 | -85.8% |
| Accrued charges and deferred income | 492/3 | €3,200 | €3,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,950 | €25,662 | +€1,712 | +7.2% |
| Other operating charges | 640/8 | €5,175 | €4,810 | -€365 | -7.1% |
| Gross operating margin | 9900 | €83,624 | €744,597 | +€660,973 | +790.4% |
| Operating profit (loss) | 9901 | €54,499 | €714,124 | +€659,625 | +1210.3% |
| Financial income | 75/76B | €0 | €332 | +€332 | +3319600.0% |
| Recurring financial income | 75 | €0 | €332 | +€332 | +3319600.0% |
| Financial charges | 65/66B | €5,658 | €852 | -€4,806 | -84.9% |
| Recurring financial charges | 65 | €5,658 | €852 | -€4,806 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €48,841 | €713,604 | +€664,763 | +1361.1% |
| Transfer to deferred taxes | 680 | - | €137,847 | +€137,847 | |
| Income taxes | 67/77 | €28,753 | €6,167 | -€22,586 | -78.6% |
| Profit (loss) for the period | 9904 | €20,088 | €569,590 | +€549,502 | +2735.4% |
| Transfer to tax-exempt reserves | 689 | - | €551,389 | +€551,389 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,088 | €18,201 | -€1,887 | -9.4% |
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.