DS CONEXIONS: 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.
DS CONEXIONS
Largest movements
- Cash -€17,621
down €17,621 (-68.0%), from €25,898 to €8,278
mainly Trade debts (-€6,223) and Investment in fixed assets (net) (-€5,260)
- Tangible fixed assets +€5,260
new in 2024: €5,260
- Receivables within one year +€2,684
up €2,684 (+309%), from €868 to €3,551
of which Trade receivables: +€1,882
- Trade debts -€6,223
down €6,223 (-74.0%), from €8,405 to €2,182
of which Suppliers: -€6,601
- Tax, wage and social debts -€2,688
down €2,688 (-90.1%), from €2,982 to €294
- Profit (loss) carried forward -€766
down €766 (-8.2%), from €9,379 to €8,614
- Turnover -€15,372
down €15,372 (-51.2%), from €30,040 to €14,669
- Gross operating margin -€12,455
down €12,455, from €11,999 to -€457
- Purchases and services -€2,916
down €2,916 (-16.2%), from €18,041 to €15,125
- Taxes -€2,193
down €2,193 (-93.2%), from €2,352 to €159
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 | €26,766 | €17,089 | -€9,677 | -36.2% |
| Fixed assets | 21/28 | - | €5,260 | +€5,260 | |
| Tangible fixed assets | 22/27 | - | €5,260 | +€5,260 | |
| Furniture and vehicles | 24 | - | €5,260 | +€5,260 | |
| Current assets | 29/58 | €26,766 | €11,829 | -€14,937 | -55.8% |
| Amounts receivable within one year | 40/41 | €868 | €3,551 | +€2,684 | +309% |
| Trade receivables | 40 | - | €1,882 | +€1,882 | |
| Other amounts receivable | 41 | €868 | €1,669 | +€802 | +92.4% |
| Cash at bank and in hand | 54/58 | €25,898 | €8,278 | -€17,621 | -68.0% |
| Total equity and liabilities | 10/49 | €26,766 | €17,089 | -€9,677 | -36.2% |
| Equity | 10/15 | €15,379 | €14,614 | -€766 | -5.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Capital | 10 | €6,000 | €6,000 | = | 0.0% |
| Issued capital | 100 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,379 | €8,614 | -€766 | -8.2% |
| Amounts payable | 17/49 | €11,387 | €2,476 | -€8,911 | -78.3% |
| Amounts payable within one year | 42/48 | €11,387 | €2,476 | -€8,911 | -78.3% |
| Trade debts | 44 | €8,405 | €2,182 | -€6,223 | -74.0% |
| Suppliers | 440/4 | €8,405 | €1,803 | -€6,601 | -78.5% |
| Bills of exchange payable | 441 | - | €378 | +€378 | |
| Taxes, remuneration and social security | 45 | €2,982 | €294 | -€2,688 | -90.1% |
| Taxes | 450/3 | €2,982 | €294 | -€2,688 | -90.1% |
| Turnover | 70 | €30,040 | €14,669 | -€15,372 | -51.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,041 | €15,125 | -€2,916 | -16.2% |
| Remuneration, social security and pensions | 62 | €103 | - | -€103 | |
| Other operating charges | 640/8 | €29 | €72 | +€43 | +146% |
| Gross operating margin | 9900 | €11,999 | -€457 | -€12,455 | |
| Operating profit (loss) | 9901 | €11,867 | -€529 | -€12,396 | |
| Financial charges | 65/66B | €135 | €78 | -€57 | -42.2% |
| Recurring financial charges | 65 | €135 | €78 | -€57 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €11,732 | -€607 | -€12,339 | |
| Income taxes | 67/77 | €2,352 | €159 | -€2,193 | -93.2% |
| Profit (loss) for the period | 9904 | €9,379 | -€766 | -€10,145 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,379 | -€766 | -€10,145 |
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 20 October 2026 via checked.be.