DJEU: 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.
What changed
DJEU
NACE 73.110, Advertising agencies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€79,401
2023 · €67,190+€12,211
Equity
€209,792
2023 · €229,575-€19,783
Cash
€27,612
2023 · €26,687+€925
Balance sheet total
€381,227
2023 · €398,382-€17,155
Largest movements
Assets
- Receivables within one year -€17,520
down €17,520 (-60.2%), from €29,098 to €11,578
of which Other amounts receivable: -€17,006
Equity and liabilities
- Reserves -€19,783
down €19,783 (-9.5%), from €209,115 to €189,332
- Debts after one year -€9,256
down €9,256 (-6.6%), from €140,808 to €131,552
- Tax, wage and social debts +€4,610
up €4,610 (+25.4%), from €18,162 to €22,772
- Other debts +€4,538
new in 2024: €4,538
Income statement
- Gross operating margin +€10,558
up €10,558 (+8.9%), from €118,277 to €128,836
- Financial charges -€2,103
down €2,103 (-44.3%), from €4,745 to €2,641
- Taxes +€1,812
up €1,812 (+5.4%), from €33,600 to €35,412
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.
Result 2023
€67,190
Gross operating margin
+€10,558
Staff costs
-€96
Depreciation
+€839
Other operating charges
+€189
Financial income
+€429
Financial charges
+€2,103
Taxes
-€1,812
Result 2024
€79,401
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.
From operations
+€118,879
Investment
-€9,753
Financing
-€108,200
Cash 2023
€26,687
From operations (derived)
+€118,879
Net result for the year
+€79,401
Depreciation
+€10,436
Receivables within one year
+€17,520
Deferred charges and accrued income
-€122
Trade debts
+€2,496
Tax, wage and social debts
+€4,610
Other debts
+€4,538
Investment (derived)
-€9,753
Investment in fixed assets (net)
-€11,296
Current investments
+€1,542
Financing
-€108,200
Debts after one year
-€9,256
Current portion of long-term debt
+€254
Short-term financial debts
-€14
Contributions, distributions and other
-€99,184
Cash 2024
€27,612
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,382 | €381,227 | -€17,155 | -4.3% |
| Fixed assets | 21/28 | €239,828 | €240,688 | +€860 | +0.4% |
| Tangible fixed assets | 22/27 | €239,578 | €240,688 | +€1,110 | +0.5% |
| Land and buildings | 22 | €227,771 | €221,556 | -€6,214 | -2.7% |
| Plant, machinery and equipment | 23 | €1,690 | €764 | -€926 | -54.8% |
| Furniture and vehicles | 24 | €10,117 | €18,368 | +€8,250 | +81.5% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €158,554 | €140,539 | -€18,015 | -11.4% |
| Amounts receivable within one year | 40/41 | €29,098 | €11,578 | -€17,520 | -60.2% |
| Trade receivables | 40 | €12,054 | €11,541 | -€514 | -4.3% |
| Other amounts receivable | 41 | €17,044 | €38 | -€17,006 | -99.8% |
| Current investments | 50/53 | €102,769 | €101,227 | -€1,542 | -1.5% |
| Cash at bank and in hand | 54/58 | €26,687 | €27,612 | +€925 | +3.5% |
| Deferred charges and accrued income | 490/1 | - | €122 | +€122 | |
| Total equity and liabilities | 10/49 | €398,382 | €381,227 | -€17,155 | -4.3% |
| Equity | 10/15 | €229,575 | €209,792 | -€19,783 | -8.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €209,115 | €189,332 | -€19,783 | -9.5% |
| Distributable reserves | 133 | €209,115 | €189,332 | -€19,783 | -9.5% |
| Amounts payable | 17/49 | €168,808 | €171,436 | +€2,628 | +1.6% |
| Amounts payable after more than one year | 17 | €140,808 | €131,552 | -€9,256 | -6.6% |
| Financial debts | 170/4 | €140,808 | €131,552 | -€9,256 | -6.6% |
| Amounts payable within one year | 42/48 | €28,000 | €39,884 | +€11,884 | +42.4% |
| Current portion of amounts payable after more than one year | 42 | €9,002 | €9,256 | +€254 | +2.8% |
| Financial debts | 43 | €49 | €35 | -€14 | -28.7% |
| Credit institutions | 430/8 | €49 | €35 | -€14 | -28.7% |
| Trade debts | 44 | €787 | €3,283 | +€2,496 | +317.1% |
| Suppliers | 440/4 | €787 | €3,283 | +€2,496 | +317.1% |
| Taxes, remuneration and social security | 45 | €18,162 | €22,772 | +€4,610 | +25.4% |
| Taxes | 450/3 | €18,162 | €22,772 | +€4,610 | +25.4% |
| Other amounts payable | 47/48 | - | €4,538 | +€4,538 | |
| Non-recurring operating income | 76A | - | €1,098 | +€1,098 | |
| Remuneration, social security and pensions | 62 | €52 | €147 | +€96 | +185.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,275 | €10,436 | -€839 | -7.4% |
| Other operating charges | 640/8 | €2,208 | €2,020 | -€189 | -8.5% |
| Gross operating margin | 9900 | €118,277 | €128,836 | +€10,558 | +8.9% |
| Operating profit (loss) | 9901 | €104,742 | €116,233 | +€11,490 | +11.0% |
| Financial income | 75/76B | €792 | €1,221 | +€429 | +54.2% |
| Recurring financial income | 75 | €792 | €1,221 | +€429 | +54.2% |
| Financial charges | 65/66B | €4,745 | €2,641 | -€2,103 | -44.3% |
| Recurring financial charges | 65 | €4,745 | €2,641 | -€2,103 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €100,790 | €114,812 | +€14,023 | +13.9% |
| Income taxes | 67/77 | €33,600 | €35,412 | +€1,812 | +5.4% |
| Profit (loss) for the period | 9904 | €67,190 | €79,401 | +€12,211 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €67,190 | €79,401 | +€12,211 | +18.2% |
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.