DR-M: 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
DR-M
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€9,473
2023 · €171,965-€181,438
Equity
€5.7m
2023 · €259,354+€5.5m
Cash
€498
2023 · €555-€57
Balance sheet total
€8.0m
2023 · €362,204+€7.6m
Largest movements
Assets
- Receivables after one year +€7.9m
new in 2024: €7.9m
- Current investments -€286,065
down €286,065 (-100.0%), from €286,065 to €0
Equity and liabilities
- Profit (loss) carried forward +€5.5m
up €5.5m, from €0 to €5.5m
- Tax, wage and social debts +€2.1m
up €2.1m (+73616.9%), from €2,843 to €2.1m
Income statement
- Gross operating margin -€264,699
down €264,699, from €258,146 to -€6,553
- Write-downs -€7,004
down €7,004 (-100.0%), from €7,004 to €0
- Other operating charges -€5,992
down €5,992 (-90.0%), from €6,655 to €663
- Financial income +€2,966
up €2,966 (+8839.2%), from €34 to €3,000
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
€171,965
Gross operating margin
-€264,699
Write-downs
+€7,004
Other operating charges
+€5,992
Financial income
+€2,966
Financial charges
-€680
Taxes
+€1,790
Deferred taxes and other
+€66,188
Result 2024
-€9,473
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
-€5.8m
Investment
+€286,065
Financing
+€5.5m
Cash 2023
€555
From operations (derived)
-€5.8m
Net result for the year
-€9,473
Receivables after one year
-€7.9m
Smaller working-capital items
-€9,890
Tax, wage and social debts
+€2.1m
Investment (derived)
+€286,065
Current investments
+€286,065
Financing
+€5.5m
Short-term financial debts
+€20,176
Contributions, distributions and other
+€5.5m
Cash 2024
€498
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €362,204 | €7,957,717 | +€7.6m | +2097.0% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €362,204 | €7,957,717 | +€7.6m | +2097.0% |
| Amounts receivable after more than one year | 29 | - | €7,871,500 | +€7.9m | |
| Other amounts receivable | 291 | - | €7,871,500 | +€7.9m | |
| Amounts receivable within one year | 40/41 | €75,583 | €85,719 | +€10,136 | +13.4% |
| Trade receivables | 40 | €32,690 | €30,855 | -€1,835 | -5.6% |
| Other amounts receivable | 41 | €42,893 | €54,864 | +€11,971 | +27.9% |
| Current investments | 50/53 | €286,065 | €0 | -€286,065 | -100.0% |
| Cash at bank and in hand | 54/58 | €555 | €498 | -€57 | -10.3% |
| Total equity and liabilities | 10/49 | €362,204 | €7,957,717 | +€7.6m | +2097.0% |
| Equity | 10/15 | €259,354 | €5,741,230 | +€5.5m | +2113.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €240,354 | €254,712 | +€14,358 | +6.0% |
| Tax-exempt reserves | 132 | €200,505 | €200,505 | = | 0.0% |
| Distributable reserves | 133 | €39,848 | €54,207 | +€14,358 | +36.0% |
| Profit (loss) carried forward | 14 | €0 | €5,467,518 | +€5.5m | |
| Provisions and deferred taxes | 16 | €70,392 | €70,392 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €4,204 | €4,204 | = | 0.0% |
| Other liabilities and charges | 164/5 | €4,204 | €4,204 | = | 0.0% |
| Deferred taxes | 168 | €66,188 | €66,188 | = | 0.0% |
| Amounts payable | 17/49 | €32,458 | €2,146,095 | +€2.1m | +6512.0% |
| Amounts payable within one year | 42/48 | €32,458 | €2,146,095 | +€2.1m | +6512.0% |
| Financial debts | 43 | €28,666 | €48,841 | +€20,176 | +70.4% |
| Credit institutions | 430/8 | €28,666 | €48,841 | +€20,176 | +70.4% |
| Trade debts | 44 | €70 | €572 | +€502 | +715.9% |
| Suppliers | 440/4 | €70 | €572 | +€502 | +715.9% |
| Taxes, remuneration and social security | 45 | €2,843 | €2,096,059 | +€2.1m | +73616.9% |
| Taxes | 450/3 | €2,843 | €2,096,059 | +€2.1m | +73616.9% |
| Other amounts payable | 47/48 | €879 | €623 | -€255 | -29.0% |
| Non-recurring operating income | 76A | €264,754 | €0 | -€264,754 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,004 | €0 | -€7,004 | -100.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €6,655 | €663 | -€5,992 | -90.0% |
| Gross operating margin | 9900 | €258,146 | -€6,553 | -€264,699 | |
| Operating profit (loss) | 9901 | €244,487 | -€7,216 | -€251,703 | |
| Financial income | 75/76B | €34 | €3,000 | +€2,966 | +8839.2% |
| Recurring financial income | 75 | €34 | €3,000 | +€2,966 | +8839.2% |
| Financial charges | 65/66B | €4,577 | €5,257 | +€680 | +14.9% |
| Recurring financial charges | 65 | €4,577 | €5,257 | +€680 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €239,944 | -€9,473 | -€249,417 | |
| Transfer to deferred taxes | 680 | €66,188 | €0 | -€66,188 | -100.0% |
| Income taxes | 67/77 | €1,790 | €0 | -€1,790 | -100.0% |
| Profit (loss) for the period | 9904 | €171,965 | -€9,473 | -€181,438 | |
| Transfer to tax-exempt reserves | 689 | €198,565 | €0 | -€198,565 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,600 | -€9,473 | +€17,127 | +64.4% |
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 6 October 2026 via checked.be.