DR. S. DE ROUCK: 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. S. DE ROUCK
Largest movements
- Cash +€563,423
up €563,423 (+130%), from €433,591 to €997,014
mainly Current investments (+€402,064) and Receivables after one year (+€325,850)
- Current investments -€402,064
no longer reported in 2024 (was €402,064)
- Receivables after one year -€325,850
no longer reported in 2024 (was €325,850)
- Tangible fixed assets +€22,449
up €22,449 (+18.2%), from €123,180 to €145,629
of which Furniture and vehicles: +€37,830
- Deferred charges and accrued income +€21,570
up €21,570 (+19.0%), from €113,442 to €135,012
- Other debts -€315,609
down €315,609 (-91.4%), from €345,136 to €29,527
- Reserves +€179,000
up €179,000 (+18.0%), from €996,200 to €1.2m
of which Distributable reserves: +€179,000
- Gross operating margin +€63,878
up €63,878 (+29.9%), from €213,921 to €277,800
- Taxes +€24,080
up €24,080 (+43.6%), from €55,279 to €79,359
- Financial income +€13,358
up €13,358 (+133,584,400%), from €0 to €13,358
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
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 | €1,398,155 | €1,277,682 | -€120,473 | -8.6% |
| Fixed assets | 21/28 | €123,208 | €145,657 | +€22,449 | +18.2% |
| Tangible fixed assets | 22/27 | €123,180 | €145,629 | +€22,449 | +18.2% |
| Land and buildings | 22 | €113,292 | €98,684 | -€14,608 | -12.9% |
| Plant, machinery and equipment | 23 | €4,819 | €4,047 | -€773 | -16.0% |
| Furniture and vehicles | 24 | €5,068 | €42,898 | +€37,830 | +746% |
| Financial fixed assets | 28 | €28 | €28 | = | 0.0% |
| Current assets | 29/58 | €1,274,948 | €1,132,025 | -€142,922 | -11.2% |
| Amounts receivable after more than one year | 29 | €325,850 | - | -€325,850 | |
| Trade receivables | 290 | €325,850 | - | -€325,850 | |
| Current investments | 50/53 | €402,064 | - | -€402,064 | |
| Cash at bank and in hand | 54/58 | €433,591 | €997,014 | +€563,423 | +130% |
| Deferred charges and accrued income | 490/1 | €113,442 | €135,012 | +€21,570 | +19.0% |
| Total equity and liabilities | 10/49 | €1,398,155 | €1,277,682 | -€120,473 | -8.6% |
| Equity | 10/15 | €1,008,935 | €1,188,549 | +€179,615 | +17.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €996,200 | €1,175,200 | +€179,000 | +18.0% |
| Non-distributable reserves | 130/1 | €15,260 | €15,260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,260 | €15,260 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €962,190 | €1,141,190 | +€179,000 | +18.6% |
| Profit (loss) carried forward | 14 | €334 | €949 | +€615 | +184% |
| Amounts payable | 17/49 | €389,221 | €89,133 | -€300,088 | -77.1% |
| Amounts payable within one year | 42/48 | €389,069 | €88,976 | -€300,093 | -77.1% |
| Trade debts | 44 | €23,654 | €29,098 | +€5,444 | +23.0% |
| Suppliers | 440/4 | €23,654 | €29,098 | +€5,444 | +23.0% |
| Taxes, remuneration and social security | 45 | €20,279 | €30,352 | +€10,072 | +49.7% |
| Taxes | 450/3 | €20,279 | €30,352 | +€10,072 | +49.7% |
| Other amounts payable | 47/48 | €345,136 | €29,527 | -€315,609 | -91.4% |
| Accrued charges and deferred income | 492/3 | €151 | €157 | +€5 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,222 | €27,471 | +€1,249 | +4.8% |
| Other operating charges | 640/8 | €4,485 | €4,639 | +€154 | +3.4% |
| Gross operating margin | 9900 | €213,921 | €277,800 | +€63,878 | +29.9% |
| Operating profit (loss) | 9901 | €183,214 | €245,689 | +€62,475 | +34.1% |
| Financial income | 75/76B | €0 | €13,358 | +€13,358 | +133,584,400% |
| Recurring financial income | 75 | €0 | €13,358 | +€13,358 | +133,584,400% |
| Financial charges | 65/66B | €73 | €74 | +€1 | +1.7% |
| Recurring financial charges | 65 | €73 | €74 | +€1 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €183,141 | €258,974 | +€75,832 | +41.4% |
| Income taxes | 67/77 | €55,279 | €79,359 | +€24,080 | +43.6% |
| Profit (loss) for the period | 9904 | €127,862 | €179,615 | +€51,753 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €127,862 | €179,615 | +€51,753 | +40.5% |
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 31 October 2026 via checked.be.