DR MORERE: 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.
DR MORERE
Largest movements
- Receivables within one year +€63,643
up €63,643 (+139.6%), from €45,583 to €109,226
of which Other amounts receivable: +€47,218
- Cash +€25,234
up €25,234 (+266.9%), from €9,455 to €34,688
mainly Other debts (+€111,000) and Net result for the year (+€85,983)
- Tangible fixed assets -€7,447
down €7,447 (-17.8%), from €41,751 to €34,304
of which Furniture and vehicles: -€6,705
- Other debts +€111,000
new in 2024: €111,000
- Profit (loss) carried forward -€25,017
down €25,017 (-17.3%), from €144,951 to €119,934
- Debts after one year -€11,014
down €11,014 (-66.5%), from €16,558 to €5,544
- Tax, wage and social debts +€10,167
up €10,167 (+134.3%), from €7,572 to €17,738
- Gross operating margin +€58,303
up €58,303 (+96.3%), from €60,560 to €118,863
- Taxes +€14,167
up €14,167 (+126.6%), from €11,187 to €25,353
- Financial income +€5,689
up €5,689 (+472.2%), from €1,205 to €6,894
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 | €188,664 | €272,602 | +€83,938 | +44.5% |
| Fixed assets | 21/28 | €41,751 | €34,784 | -€6,967 | -16.7% |
| Tangible fixed assets | 22/27 | €41,751 | €34,304 | -€7,447 | -17.8% |
| Furniture and vehicles | 24 | €27,925 | €21,221 | -€6,705 | -24.0% |
| Other tangible fixed assets | 26 | €13,826 | €13,084 | -€742 | -5.4% |
| Financial fixed assets | 28 | - | €480 | +€480 | |
| Current assets | 29/58 | €146,913 | €237,817 | +€90,904 | +61.9% |
| Amounts receivable after more than one year | 29 | €90,225 | €92,682 | +€2,457 | +2.7% |
| Other amounts receivable | 291 | €90,225 | €92,682 | +€2,457 | +2.7% |
| Amounts receivable within one year | 40/41 | €45,583 | €109,226 | +€63,643 | +139.6% |
| Trade receivables | 40 | €0 | €16,425 | +€16,425 | |
| Other amounts receivable | 41 | €45,583 | €92,801 | +€47,218 | +103.6% |
| Cash at bank and in hand | 54/58 | €9,455 | €34,688 | +€25,234 | +266.9% |
| Deferred charges and accrued income | 490/1 | €1,650 | €1,221 | -€429 | -26.0% |
| Total equity and liabilities | 10/49 | €188,664 | €272,602 | +€83,938 | +44.5% |
| Equity | 10/15 | €149,951 | €124,934 | -€25,017 | -16.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,951 | €119,934 | -€25,017 | -17.3% |
| Amounts payable | 17/49 | €38,713 | €147,668 | +€108,955 | +281.4% |
| Amounts payable after more than one year | 17 | €16,558 | €5,544 | -€11,014 | -66.5% |
| Financial debts | 170/4 | €16,558 | €5,544 | -€11,014 | -66.5% |
| Amounts payable within one year | 42/48 | €21,155 | €141,124 | +€119,969 | +567.1% |
| Current portion of amounts payable after more than one year | 42 | €10,915 | €11,014 | +€99 | +0.9% |
| Trade debts | 44 | €2,669 | €1,372 | -€1,297 | -48.6% |
| Suppliers | 440/4 | €2,669 | €1,372 | -€1,297 | -48.6% |
| Taxes, remuneration and social security | 45 | €7,572 | €17,738 | +€10,167 | +134.3% |
| Taxes | 450/3 | €7,572 | €17,738 | +€10,167 | +134.3% |
| Other amounts payable | 47/48 | - | €111,000 | +€111,000 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €128 | €0 | -€128 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,990 | €13,610 | +€620 | +4.8% |
| Other operating charges | 640/8 | €721 | €348 | -€372 | -51.6% |
| Gross operating margin | 9900 | €60,560 | €118,863 | +€58,303 | +96.3% |
| Operating profit (loss) | 9901 | €46,722 | €104,905 | +€58,182 | +124.5% |
| Financial income | 75/76B | €1,205 | €6,894 | +€5,689 | +472.2% |
| Recurring financial income | 75 | €1,205 | €6,894 | +€5,689 | +472.2% |
| Financial charges | 65/66B | €348 | €463 | +€115 | +33.0% |
| Recurring financial charges | 65 | €348 | €463 | +€115 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | €47,579 | €111,336 | +€63,757 | +134.0% |
| Income taxes | 67/77 | €11,187 | €25,353 | +€14,167 | +126.6% |
| Profit (loss) for the period | 9904 | €36,392 | €85,983 | +€49,590 | +136.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,392 | €85,983 | +€49,590 | +136.3% |
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.