DOUBLE E: 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.
DOUBLE E
Largest movements
- Receivables within one year -€510,729
down €510,729 (-81.0%), from €630,260 to €119,531
of which Trade receivables: -€567,051
- Intangible fixed assets +€20,158
up €20,158 (+58.4%), from €34,517 to €54,675
- Stocks and contracts -€18,956
no longer reported in 2024 (was €18,956)
- Trade debts -€527,265
down €527,265 (-83.7%), from €629,653 to €102,389
- Profit (loss) carried forward +€24,829
up €24,829 (+2,418%), from €1,027 to €25,856
- Other debts -€19,768
no longer reported in 2024 (was €19,768)
- Tax, wage and social debts +€14,397
up €14,397 (+168%), from €8,565 to €22,962
of which Taxes: +€10,983
- Gross operating margin +€55,005
up €55,005 (+1,896%), from €2,901 to €57,906
- Taxes +€9,070
new in 2024: €9,070
- Depreciation +€2,979
up €2,979 (+85.5%), from €3,483 to €6,462
- Financial charges +€2,198
up €2,198 (+144%), from €1,522 to €3,720
- Other operating charges +€717
up €717 (+131%), from €549 to €1,266
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €685,398 | €175,872 | -€509,526 | -74.3% |
| Fixed assets | 21/28 | €36,183 | €56,341 | +€20,158 | +55.7% |
| Intangible fixed assets | 21 | €34,517 | €54,675 | +€20,158 | +58.4% |
| Financial fixed assets | 28 | €1,666 | €1,666 | = | 0.0% |
| Current assets | 29/58 | €649,216 | €119,531 | -€529,684 | -81.6% |
| Stocks and contracts in progress | 3 | €18,956 | - | -€18,956 | |
| Stocks | 30/36 | €18,956 | - | -€18,956 | |
| Amounts receivable within one year | 40/41 | €630,260 | €119,531 | -€510,729 | -81.0% |
| Trade receivables | 40 | €630,260 | €63,209 | -€567,051 | -90.0% |
| Other amounts receivable | 41 | - | €56,322 | +€56,322 | |
| Total equity and liabilities | 10/49 | €685,398 | €175,872 | -€509,526 | -74.3% |
| Equity | 10/15 | €22,477 | €47,306 | +€24,829 | +110% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €1,950 | €1,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,027 | €25,856 | +€24,829 | +2,418% |
| Amounts payable | 17/49 | €662,922 | €128,566 | -€534,355 | -80.6% |
| Amounts payable within one year | 42/48 | €662,922 | €128,566 | -€534,355 | -80.6% |
| Financial debts | 43 | €4,935 | €3,216 | -€1,719 | -34.8% |
| Credit institutions | 430/8 | €4,935 | €3,216 | -€1,719 | -34.8% |
| Trade debts | 44 | €629,653 | €102,389 | -€527,265 | -83.7% |
| Suppliers | 440/4 | €629,653 | €102,389 | -€527,265 | -83.7% |
| Taxes, remuneration and social security | 45 | €8,565 | €22,962 | +€14,397 | +168% |
| Taxes | 450/3 | €8,554 | €19,537 | +€10,983 | +128% |
| Remuneration and social security | 454/9 | €11 | €3,425 | +€3,414 | +31,579% |
| Other amounts payable | 47/48 | €19,768 | - | -€19,768 | |
| Remuneration, social security and pensions | 62 | €11,952 | €12,559 | +€607 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,483 | €6,462 | +€2,979 | +85.5% |
| Other operating charges | 640/8 | €549 | €1,266 | +€717 | +131% |
| Gross operating margin | 9900 | €2,901 | €57,906 | +€55,005 | +1,896% |
| Operating profit (loss) | 9901 | -€13,084 | €37,619 | +€50,703 | |
| Financial charges | 65/66B | €1,522 | €3,720 | +€2,198 | +144% |
| Recurring financial charges | 65 | €1,522 | €3,720 | +€2,198 | +144% |
| Profit (loss) for the period before taxes | 9903 | -€14,606 | €33,899 | +€48,505 | |
| Income taxes | 67/77 | - | €9,070 | +€9,070 | |
| Profit (loss) for the period | 9904 | -€14,606 | €24,829 | +€39,435 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,606 | €24,829 | +€39,435 |
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 14 October 2026 via checked.be.