DIFM: 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.
DIFM
Largest movements
- Receivables within one year +€128,361
up €128,361 (+78.0%), from €164,501 to €292,862
of which Trade receivables: +€123,779
- Cash -€48,597
down €48,597 (-91.7%), from €52,996 to €4,399
mainly Receivables within one year (-€128,361) and Stocks and contracts (-€48,014)
- Stocks and contracts +€48,014
up €48,014 (+212.8%), from €22,566 to €70,580
- Deferred charges and accrued income +€16,130
up €16,130 (+317.4%), from €5,081 to €21,212
- Profit (loss) carried forward +€62,797
up €62,797 (+25.5%), from -€245,957 to -€183,159
- Trade debts +€56,192
up €56,192 (+27.9%), from €201,203 to €257,395
- Other debts +€44,505
up €44,505 (+26.0%), from €171,437 to €215,942
- Accrued charges and deferred income -€16,886
down €16,886 (-37.8%), from €44,617 to €27,731
- Current portion of long-term debt -€5,709
down €5,709 (-33.6%), from €17,000 to €11,291
- Other operating charges -€128,468
down €128,468 (-99.7%), from €128,855 to €387
- Staff costs -€75,282
down €75,282 (-25.4%), from €296,347 to €221,065
- Gross operating margin +€30,276
up €30,276 (+11.7%), from €259,503 to €289,779
- Write-downs -€13,219
down €13,219, from €7,522 to -€5,697
- Financial charges +€6,761
up €6,761 (+429.3%), from €1,575 to €8,336
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 | €247,392 | €389,973 | +€142,581 | +57.6% |
| Fixed assets | 21/28 | €2,248 | €921 | -€1,327 | -59.0% |
| Tangible fixed assets | 22/27 | €2,248 | €921 | -€1,327 | -59.0% |
| Plant, machinery and equipment | 23 | €1,069 | €510 | -€559 | -52.3% |
| Furniture and vehicles | 24 | €1,179 | €411 | -€768 | -65.2% |
| Current assets | 29/58 | €245,144 | €389,052 | +€143,909 | +58.7% |
| Stocks and contracts in progress | 3 | €22,566 | €70,580 | +€48,014 | +212.8% |
| Stocks | 30/36 | €22,566 | €70,580 | +€48,014 | +212.8% |
| Amounts receivable within one year | 40/41 | €164,501 | €292,862 | +€128,361 | +78.0% |
| Trade receivables | 40 | €73,982 | €197,761 | +€123,779 | +167.3% |
| Other amounts receivable | 41 | €90,519 | €95,101 | +€4,582 | +5.1% |
| Cash at bank and in hand | 54/58 | €52,996 | €4,399 | -€48,597 | -91.7% |
| Deferred charges and accrued income | 490/1 | €5,081 | €21,212 | +€16,130 | +317.4% |
| Total equity and liabilities | 10/49 | €247,392 | €389,973 | +€142,581 | +57.6% |
| Equity | 10/15 | -€235,957 | -€173,159 | +€62,797 | +26.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€245,957 | -€183,159 | +€62,797 | +25.5% |
| Amounts payable | 17/49 | €483,349 | €563,133 | +€79,784 | +16.5% |
| Amounts payable within one year | 42/48 | €438,731 | €535,401 | +€96,670 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €17,000 | €11,291 | -€5,709 | -33.6% |
| Financial debts | 43 | - | €2,311 | +€2,311 | |
| Credit institutions | 430/8 | - | €2,311 | +€2,311 | |
| Trade debts | 44 | €201,203 | €257,395 | +€56,192 | +27.9% |
| Suppliers | 440/4 | €201,203 | €257,395 | +€56,192 | +27.9% |
| Advances received on contracts in progress | 46 | €15,420 | €15,420 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €33,672 | €33,043 | -€629 | -1.9% |
| Taxes | 450/3 | €2,767 | €12,299 | +€9,532 | +344.5% |
| Remuneration and social security | 454/9 | €30,905 | €20,744 | -€10,161 | -32.9% |
| Other amounts payable | 47/48 | €171,437 | €215,942 | +€44,505 | +26.0% |
| Accrued charges and deferred income | 492/3 | €44,617 | €27,731 | -€16,886 | -37.8% |
| Remuneration, social security and pensions | 62 | €296,347 | €221,065 | -€75,282 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,259 | €1,327 | +€68 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,522 | -€5,697 | -€13,219 | |
| Other operating charges | 640/8 | €128,855 | €387 | -€128,468 | -99.7% |
| Gross operating margin | 9900 | €259,503 | €289,779 | +€30,276 | +11.7% |
| Operating profit (loss) | 9901 | -€174,481 | €72,696 | +€247,177 | |
| Financial income | 75/76B | €687 | €163 | -€524 | -76.2% |
| Recurring financial income | 75 | €687 | €163 | -€524 | -76.2% |
| Financial charges | 65/66B | €1,575 | €8,336 | +€6,761 | +429.3% |
| Recurring financial charges | 65 | €1,575 | €8,336 | +€6,761 | +429.3% |
| Profit (loss) for the period before taxes | 9903 | -€175,369 | €64,524 | +€239,893 | |
| Income taxes | 67/77 | €2,517 | €1,727 | -€790 | -31.4% |
| Profit (loss) for the period | 9904 | -€177,886 | €62,797 | +€240,683 | |
| Profit (loss) for the period to be appropriated | 9905 | -€177,886 | €62,797 | +€240,683 |
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 10 October 2026 via checked.be.