DISCOVERY BELGIUM: 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.
DISCOVERY BELGIUM
Largest movements
- Receivables within one year -€555,738
down €555,738 (-84.5%), from €657,847 to €102,110
of which Trade receivables: -€567,409
- Stocks and contracts -€213,416
down €213,416 (-53.8%), from €396,938 to €183,522
- Cash +€48,685
up €48,685 (+165%), from €29,538 to €78,223
mainly Receivables within one year (+€555,738) and Stocks and contracts (+€213,416)
- Trade debts -€657,953
down €657,953 (-93.3%), from €704,852 to €46,899
- Profit (loss) carried forward -€85,461
down €85,461 (-70.6%), from €121,050 to €35,590
- Tax, wage and social debts +€17,250
up €17,250 (+21.3%), from €80,797 to €98,047
of which Taxes: +€15,734
- Gross operating margin -€42,324
down €42,324 (-24.6%), from €172,377 to €130,053
- Staff costs +€27,276
up €27,276 (+16.9%), from €161,707 to €188,983
- Taxes +€15,371
no longer reported in 2024 (was -€15,371)
- Other operating charges -€10,837
down €10,837 (-72.3%), from €14,989 to €4,152
- Financial charges -€2,142
down €2,142 (-9.6%), from €22,278 to €20,136
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 | €1,098,249 | €376,786 | -€721,463 | -65.7% |
| Fixed assets | 21/28 | €13,927 | €12,932 | -€995 | -7.1% |
| Tangible fixed assets | 22/27 | €9,116 | €8,121 | -€995 | -10.9% |
| Furniture and vehicles | 24 | €9,116 | €8,121 | -€995 | -10.9% |
| Financial fixed assets | 28 | €4,811 | €4,811 | = | 0.0% |
| Current assets | 29/58 | €1,084,322 | €363,854 | -€720,468 | -66.4% |
| Stocks and contracts in progress | 3 | €396,938 | €183,522 | -€213,416 | -53.8% |
| Stocks | 30/36 | €396,938 | €183,522 | -€213,416 | -53.8% |
| Amounts receivable within one year | 40/41 | €657,847 | €102,110 | -€555,738 | -84.5% |
| Trade receivables | 40 | €645,547 | €78,138 | -€567,409 | -87.9% |
| Other amounts receivable | 41 | €12,300 | €23,972 | +€11,672 | +94.9% |
| Cash at bank and in hand | 54/58 | €29,538 | €78,223 | +€48,685 | +165% |
| Total equity and liabilities | 10/49 | €1,098,249 | €376,786 | -€721,463 | -65.7% |
| Equity | 10/15 | €147,450 | €61,990 | -€85,461 | -58.0% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Capital | 10 | €24,000 | €24,000 | = | 0.0% |
| Issued capital | 100 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €2,400 | €2,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,400 | €2,400 | = | 0.0% |
| Legal reserve | 130 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,050 | €35,590 | -€85,461 | -70.6% |
| Amounts payable | 17/49 | €950,799 | €314,797 | -€636,002 | -66.9% |
| Amounts payable after more than one year | 17 | €131,366 | €120,623 | -€10,743 | -8.2% |
| Financial debts | 170/4 | €14,366 | €3,623 | -€10,743 | -74.8% |
| Other amounts payable | 178/9 | €117,000 | €117,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €819,433 | €188,688 | -€630,745 | -77.0% |
| Current portion of amounts payable after more than one year | 42 | €10,556 | €10,743 | +€187 | +1.8% |
| Trade debts | 44 | €704,852 | €46,899 | -€657,953 | -93.3% |
| Suppliers | 440/4 | €704,852 | €46,899 | -€657,953 | -93.3% |
| Taxes, remuneration and social security | 45 | €80,797 | €98,047 | +€17,250 | +21.3% |
| Taxes | 450/3 | €44,505 | €60,239 | +€15,734 | +35.4% |
| Remuneration and social security | 454/9 | €36,292 | €37,808 | +€1,516 | +4.2% |
| Other amounts payable | 47/48 | €23,229 | €33,000 | +€9,771 | +42.1% |
| Accrued charges and deferred income | 492/3 | - | €5,485 | +€5,485 | |
| Remuneration, social security and pensions | 62 | €161,707 | €188,983 | +€27,276 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,468 | €2,243 | +€775 | +52.8% |
| Other operating charges | 640/8 | €14,989 | €4,152 | -€10,837 | -72.3% |
| Gross operating margin | 9900 | €172,377 | €130,053 | -€42,324 | -24.6% |
| Operating profit (loss) | 9901 | -€5,787 | -€65,325 | -€59,538 | -1,029% |
| Financial charges | 65/66B | €22,278 | €20,136 | -€2,142 | -9.6% |
| Recurring financial charges | 65 | €22,278 | €20,136 | -€2,142 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,065 | -€85,461 | -€57,396 | -205% |
| Income taxes | 67/77 | -€15,371 | - | +€15,371 | |
| Profit (loss) for the period | 9904 | -€12,694 | -€85,461 | -€72,767 | -573% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,694 | -€85,461 | -€72,767 | -573% |
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 22 October 2026 via checked.be.