DUAL BE: 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.
DUAL BE
Largest movements
- Receivables within one year +€33,367
up €33,367 (+2242.1%), from €1,488 to €34,855
of which Trade receivables: +€31,346
- Tangible fixed assets +€24,748
up €24,748 (+1682.4%), from €1,471 to €26,219
- Cash +€8,340
up €8,340 (+32.7%), from €25,502 to €33,841
mainly Trade debts (+€39,811) and Net result for the year (+€12,748)
- Financial fixed assets +€1,400
up €1,400 (+16.7%), from €8,400 to €9,800
- Formation expenses -€1,281
down €1,281 (-100.0%), from €1,281 to €0
- Trade debts +€39,811
up €39,811 (+3746.7%), from €1,063 to €40,874
- Profit (loss) carried forward +€12,748
up €12,748 (+92.9%), from -€13,728 to -€980
- Other debts +€8,178
up €8,178 (+32.7%), from €25,000 to €33,178
- Tax, wage and social debts +€5,837
up €5,837 (+723.9%), from €806 to €6,643
of which Remuneration and social security: +€6,159
- Gross operating margin +€72,246
up €72,246, from -€6,206 to €66,040
- Staff costs +€37,672
up €37,672 (+592.4%), from €6,360 to €44,032
- Depreciation +€5,295
up €5,295 (+455.7%), from €1,162 to €6,457
- Financial charges +€1,517
new in 2024: €1,517
- Other operating charges +€1,200
new in 2024: €1,200
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 | €38,141 | €104,715 | +€66,574 | +174.5% |
| Formation expenses | 20 | €1,281 | €0 | -€1,281 | -100.0% |
| Fixed assets | 21/28 | €9,871 | €36,019 | +€26,148 | +264.9% |
| Tangible fixed assets | 22/27 | €1,471 | €26,219 | +€24,748 | +1682.4% |
| Plant, machinery and equipment | 23 | €1,471 | €26,219 | +€24,748 | +1682.4% |
| Financial fixed assets | 28 | €8,400 | €9,800 | +€1,400 | +16.7% |
| Current assets | 29/58 | €26,990 | €68,696 | +€41,707 | +154.5% |
| Amounts receivable within one year | 40/41 | €1,488 | €34,855 | +€33,367 | +2242.1% |
| Trade receivables | 40 | - | €31,346 | +€31,346 | |
| Other amounts receivable | 41 | €1,488 | €3,509 | +€2,021 | +135.8% |
| Cash at bank and in hand | 54/58 | €25,502 | €33,841 | +€8,340 | +32.7% |
| Total equity and liabilities | 10/49 | €38,141 | €104,715 | +€66,574 | +174.5% |
| Equity | 10/15 | €11,272 | €24,020 | +€12,748 | +113.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,728 | -€980 | +€12,748 | +92.9% |
| Amounts payable | 17/49 | €26,869 | €80,695 | +€53,826 | +200.3% |
| Amounts payable within one year | 42/48 | €26,869 | €80,695 | +€53,826 | +200.3% |
| Trade debts | 44 | €1,063 | €40,874 | +€39,811 | +3746.7% |
| Suppliers | 440/4 | €1,063 | €40,874 | +€39,811 | +3746.7% |
| Taxes, remuneration and social security | 45 | €806 | €6,643 | +€5,837 | +723.9% |
| Taxes | 450/3 | €408 | €86 | -€322 | -78.9% |
| Remuneration and social security | 454/9 | €399 | €6,557 | +€6,159 | +1545.2% |
| Other amounts payable | 47/48 | €25,000 | €33,178 | +€8,178 | +32.7% |
| Remuneration, social security and pensions | 62 | €6,360 | €44,032 | +€37,672 | +592.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,162 | €6,457 | +€5,295 | +455.7% |
| Other operating charges | 640/8 | - | €1,200 | +€1,200 | |
| Gross operating margin | 9900 | -€6,206 | €66,040 | +€72,246 | |
| Operating profit (loss) | 9901 | -€13,728 | €14,351 | +€28,079 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €1,517 | +€1,517 | |
| Recurring financial charges | 65 | - | €1,517 | +€1,517 | |
| Profit (loss) for the period before taxes | 9903 | -€13,728 | €12,834 | +€26,562 | |
| Income taxes | 67/77 | - | €86 | +€86 | |
| Profit (loss) for the period | 9904 | -€13,728 | €12,748 | +€26,476 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,728 | €12,748 | +€26,476 |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2023 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.