DUE SELECT: 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.
DUE SELECT
Largest movements
- Receivables within one year -€9,231
down €9,231 (-5.5%), from €168,556 to €159,325
- Deferred charges and accrued income -€3,400
no longer reported in 2024 (was €3,400)
- Other debts -€19,139
down €19,139 (-57.1%), from €33,543 to €14,405
- Trade debts +€15,435
up €15,435 (+8.0%), from €193,827 to €209,263
- Profit (loss) carried forward -€6,334
down €6,334 (-7.5%), from -€84,067 to -€90,401
- Tax, wage and social debts -€1,880
down €1,880 (-66.2%), from €2,838 to €958
of which Remuneration and social security: -€1,327
- Gross operating margin -€21,320
down €21,320, from €18,116 to -€3,204
- Taxes -€11,850
down €11,850 (-98.1%), from €12,076 to €226
- Other operating charges +€940
up €940 (+87.0%), from €1,082 to €2,022
- Depreciation -€497
down €497 (-67.7%), from €735 to €238
- Financial charges -€495
down €495 (-43.4%), from €1,141 to €645
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 | €184,492 | €172,574 | -€11,918 | -6.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €346 | €108 | -€238 | -68.8% |
| Tangible fixed assets | 22/27 | €346 | €108 | -€238 | -68.8% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €346 | €108 | -€238 | -68.8% |
| Current assets | 29/58 | €184,146 | €172,466 | -€11,680 | -6.3% |
| Stocks and contracts in progress | 3 | €10,384 | €10,384 | = | 0.0% |
| Stocks | 30/36 | €10,384 | €10,384 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €168,556 | €159,325 | -€9,231 | -5.5% |
| Trade receivables | 40 | €168,556 | €159,325 | -€9,231 | -5.5% |
| Cash at bank and in hand | 54/58 | €1,806 | €2,757 | +€951 | +52.6% |
| Deferred charges and accrued income | 490/1 | €3,400 | - | -€3,400 | |
| Total equity and liabilities | 10/49 | €184,492 | €172,574 | -€11,918 | -6.5% |
| Equity | 10/15 | -€45,717 | -€52,051 | -€6,334 | -13.9% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €32,050 | €32,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,190 | €30,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,067 | -€90,401 | -€6,334 | -7.5% |
| Amounts payable | 17/49 | €230,209 | €224,625 | -€5,584 | -2.4% |
| Amounts payable within one year | 42/48 | €230,209 | €224,625 | -€5,584 | -2.4% |
| Trade debts | 44 | €193,827 | €209,263 | +€15,435 | +8.0% |
| Suppliers | 440/4 | €193,827 | €209,263 | +€15,435 | +8.0% |
| Taxes, remuneration and social security | 45 | €2,838 | €958 | -€1,880 | -66.2% |
| Taxes | 450/3 | €1,511 | €958 | -€553 | -36.6% |
| Remuneration and social security | 454/9 | €1,327 | - | -€1,327 | |
| Other amounts payable | 47/48 | €33,543 | €14,405 | -€19,139 | -57.1% |
| Non-recurring operating income | 76A | - | €5,555 | +€5,555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €735 | €238 | -€497 | -67.7% |
| Other operating charges | 640/8 | €1,082 | €2,022 | +€940 | +87.0% |
| Gross operating margin | 9900 | €18,116 | -€3,204 | -€21,320 | |
| Operating profit (loss) | 9901 | €16,300 | -€5,463 | -€21,763 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,141 | €645 | -€495 | -43.4% |
| Recurring financial charges | 65 | €1,141 | €645 | -€495 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €15,163 | -€6,108 | -€21,272 | |
| Income taxes | 67/77 | €12,076 | €226 | -€11,850 | -98.1% |
| Profit (loss) for the period | 9904 | €3,087 | -€6,334 | -€9,421 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,087 | -€6,334 | -€9,421 |
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 17 October 2026 via checked.be.