DUALOOP: 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.
DUALOOP
Largest movements
- Receivables within one year +€180,425
up €180,425 (+56.6%), from €318,709 to €499,134
of which Trade receivables: +€170,002
- Cash +€119,243
up €119,243 (+27.5%), from €433,132 to €552,375
mainly Net result for the year (+€221,299) and Tax, wage and social debts (+€47,091)
- Intangible fixed assets +€20,335
up €20,335 (+46.6%), from €43,667 to €64,002
- Profit (loss) carried forward +€207,246
up €207,246 (+84.0%), from €246,847 to €454,093
- Tax, wage and social debts +€47,091
up €47,091 (+18.6%), from €252,650 to €299,740
of which Remuneration and social security: +€47,064
- Current portion of long-term debt +€35,756
up €35,756 (+47.3%), from €75,614 to €111,370
- Trade debts +€23,906
up €23,906 (+15.0%), from €159,899 to €183,805
- Debts after one year -€14,600
down €14,600 (-62.4%), from €23,391 to €8,791
- Gross operating margin +€409,090
up €409,090 (+37.4%), from €1.1m to €1.5m
- Staff costs +€351,321
up €351,321 (+44.8%), from €783,359 to €1.1m
- Depreciation +€18,325
up €18,325 (+73.2%), from €25,021 to €43,347
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 | €903,445 | €1,216,415 | +€312,970 | +34.6% |
| Formation expenses | 20 | €17,813 | €14,086 | -€3,727 | -20.9% |
| Fixed assets | 21/28 | €114,394 | €130,326 | +€15,932 | +13.9% |
| Intangible fixed assets | 21 | €43,667 | €64,002 | +€20,335 | +46.6% |
| Tangible fixed assets | 22/27 | €56,127 | €51,724 | -€4,403 | -7.8% |
| Furniture and vehicles | 24 | €49,448 | €47,009 | -€2,439 | -4.9% |
| Other tangible fixed assets | 26 | €6,679 | €4,716 | -€1,963 | -29.4% |
| Financial fixed assets | 28 | €14,600 | €14,600 | = | 0.0% |
| Current assets | 29/58 | €771,239 | €1,072,003 | +€300,764 | +39.0% |
| Amounts receivable within one year | 40/41 | €318,709 | €499,134 | +€180,425 | +56.6% |
| Trade receivables | 40 | €312,333 | €482,335 | +€170,002 | +54.4% |
| Other amounts receivable | 41 | €6,376 | €16,800 | +€10,424 | +163% |
| Cash at bank and in hand | 54/58 | €433,132 | €552,375 | +€119,243 | +27.5% |
| Deferred charges and accrued income | 490/1 | €19,398 | €20,494 | +€1,096 | +5.7% |
| Total equity and liabilities | 10/49 | €903,445 | €1,216,415 | +€312,970 | +34.6% |
| Equity | 10/15 | €366,847 | €574,093 | +€207,246 | +56.5% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,847 | €454,093 | +€207,246 | +84.0% |
| Amounts payable | 17/49 | €536,599 | €642,322 | +€105,724 | +19.7% |
| Amounts payable after more than one year | 17 | €23,391 | €8,791 | -€14,600 | -62.4% |
| Financial debts | 170/4 | €23,391 | €8,791 | -€14,600 | -62.4% |
| Amounts payable within one year | 42/48 | €512,792 | €618,757 | +€105,966 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €75,614 | €111,370 | +€35,756 | +47.3% |
| Trade debts | 44 | €159,899 | €183,805 | +€23,906 | +15.0% |
| Suppliers | 440/4 | €159,899 | €183,805 | +€23,906 | +15.0% |
| Taxes, remuneration and social security | 45 | €252,650 | €299,740 | +€47,091 | +18.6% |
| Taxes | 450/3 | €94,812 | €94,839 | +€27 | 0.0% |
| Remuneration and social security | 454/9 | €157,837 | €204,901 | +€47,064 | +29.8% |
| Other amounts payable | 47/48 | €24,628 | €23,842 | -€787 | -3.2% |
| Accrued charges and deferred income | 492/3 | €416 | €14,774 | +€14,358 | +3,453% |
| Remuneration, social security and pensions | 62 | €783,359 | €1,134,680 | +€351,321 | +44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,021 | €43,347 | +€18,325 | +73.2% |
| Other operating charges | 640/8 | €10,646 | €585 | -€10,061 | -94.5% |
| Gross operating margin | 9900 | €1,092,686 | €1,501,776 | +€409,090 | +37.4% |
| Operating profit (loss) | 9901 | €273,660 | €323,164 | +€49,505 | +18.1% |
| Financial income | 75/76B | €4 | €64 | +€61 | +1,641% |
| Recurring financial income | 75 | €4 | €64 | +€61 | +1,641% |
| Financial charges | 65/66B | €5,972 | €12,353 | +€6,382 | +107% |
| Recurring financial charges | 65 | €5,972 | €12,353 | +€6,382 | +107% |
| Profit (loss) for the period before taxes | 9903 | €267,692 | €310,875 | +€43,184 | +16.1% |
| Income taxes | 67/77 | €79,295 | €89,576 | +€10,281 | +13.0% |
| Profit (loss) for the period | 9904 | €188,396 | €221,299 | +€32,903 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €188,396 | €221,299 | +€32,903 | +17.5% |
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 24 October 2026 via checked.be.