Dr. DN: 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.
Dr. DN
Largest movements
- Receivables within one year +€224,171
up €224,171 (+2651.5%), from €8,455 to €232,625
of which Other amounts receivable: +€150,421
- Cash -€116,963
down €116,963 (-90.9%), from €128,721 to €11,758
mainly Receivables within one year (-€224,171) and Short-term financial debts (-€78,833)
- Intangible fixed assets -€24,000
down €24,000 (-14.3%), from €168,000 to €144,000
- Reserves +€293,521
up €293,521 (+62.8%), from €467,461 to €760,982
- Short-term financial debts -€78,833
down €78,833 (-90.4%), from €87,167 to €8,333
of which Credit institutions: -€78,833
- Other debts -€69,803
down €69,803 (-100.0%), from €69,803 to €0
- Debts after one year -€48,000
down €48,000 (-50.0%), from €96,000 to €48,000
- Gross operating margin +€21,407
up €21,407 (+5.3%), from €403,774 to €425,180
- Taxes +€8,054
up €8,054 (+8.8%), from €91,545 to €99,599
- Financial income +€4,475
up €4,475 (+61.8%), from €7,246 to €11,720
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 | €784,219 | €877,825 | +€93,606 | +11.9% |
| Fixed assets | 21/28 | €199,647 | €173,242 | -€26,405 | -13.2% |
| Intangible fixed assets | 21 | €168,000 | €144,000 | -€24,000 | -14.3% |
| Tangible fixed assets | 22/27 | €31,122 | €28,717 | -€2,405 | -7.7% |
| Plant, machinery and equipment | 23 | €1,128 | €1,668 | +€540 | +47.8% |
| Furniture and vehicles | 24 | €18,205 | €16,718 | -€1,488 | -8.2% |
| Other tangible fixed assets | 26 | €11,788 | €10,331 | -€1,457 | -12.4% |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €584,572 | €704,583 | +€120,011 | +20.5% |
| Amounts receivable after more than one year | 29 | €300,195 | €307,440 | +€7,246 | +2.4% |
| Other amounts receivable | 291 | €300,195 | €307,440 | +€7,246 | +2.4% |
| Amounts receivable within one year | 40/41 | €8,455 | €232,625 | +€224,171 | +2651.5% |
| Trade receivables | 40 | €0 | €73,750 | +€73,750 | |
| Other amounts receivable | 41 | €8,455 | €158,875 | +€150,421 | +1779.2% |
| Cash at bank and in hand | 54/58 | €128,721 | €11,758 | -€116,963 | -90.9% |
| Deferred charges and accrued income | 490/1 | €147,202 | €152,760 | +€5,558 | +3.8% |
| Total equity and liabilities | 10/49 | €784,219 | €877,825 | +€93,606 | +11.9% |
| Equity | 10/15 | €470,461 | €763,982 | +€293,521 | +62.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €467,461 | €760,982 | +€293,521 | +62.8% |
| Distributable reserves | 133 | €467,461 | €760,982 | +€293,521 | +62.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €313,758 | €113,843 | -€199,915 | -63.7% |
| Amounts payable after more than one year | 17 | €96,000 | €48,000 | -€48,000 | -50.0% |
| Financial debts | 170/4 | €96,000 | €48,000 | -€48,000 | -50.0% |
| Amounts payable within one year | 42/48 | €217,374 | €65,843 | -€151,531 | -69.7% |
| Current portion of amounts payable after more than one year | 42 | €48,000 | €48,000 | = | 0.0% |
| Financial debts | 43 | €87,167 | €8,333 | -€78,833 | -90.4% |
| Credit institutions | 430/8 | €78,833 | €0 | -€78,833 | -100.0% |
| Other loans | 439 | €8,333 | €8,333 | = | 0.0% |
| Trade debts | 44 | €12,404 | €9,509 | -€2,895 | -23.3% |
| Suppliers | 440/4 | €12,404 | €9,509 | -€2,895 | -23.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €69,803 | €0 | -€69,803 | -100.0% |
| Accrued charges and deferred income | 492/3 | €384 | €0 | -€384 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,042 | €32,191 | -€1,851 | -5.4% |
| Other operating charges | 640/8 | €493 | €2,432 | +€1,939 | +393.0% |
| Gross operating margin | 9900 | €403,774 | €425,180 | +€21,407 | +5.3% |
| Operating profit (loss) | 9901 | €369,238 | €390,557 | +€21,319 | +5.8% |
| Financial income | 75/76B | €7,246 | €11,720 | +€4,475 | +61.8% |
| Recurring financial income | 75 | €7,246 | €11,720 | +€4,475 | +61.8% |
| Financial charges | 65/66B | €5,518 | €9,157 | +€3,638 | +65.9% |
| Recurring financial charges | 65 | €5,518 | €9,157 | +€3,638 | +65.9% |
| Profit (loss) for the period before taxes | 9903 | €370,965 | €393,121 | +€22,155 | +6.0% |
| Income taxes | 67/77 | €91,545 | €99,599 | +€8,054 | +8.8% |
| Profit (loss) for the period | 9904 | €279,420 | €293,521 | +€14,101 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €279,420 | €293,521 | +€14,101 | +5.0% |
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 11 October 2026 via checked.be.