DUG - OUT: 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.
DUG - OUT
Largest movements
- Tangible fixed assets -€4,265
down €4,265 (-47.0%), from €9,072 to €4,806
of which Leasing and similar rights: -€3,289
- Cash +€3,447
up €3,447 (+84.9%), from €4,059 to €7,507
mainly Other debts (+€9,801) and Depreciation (+€4,265)
- Receivables within one year -€2,276
down €2,276 (-94.9%), from €2,399 to €123
of which Trade receivables: -€1,948
- Stocks and contracts -€805
down €805 (-11.4%), from €7,051 to €6,246
- Current investments -€406
down €406 (-100.0%), from €406 to €0
- Other debts +€9,801
up €9,801 (+93.6%), from €10,474 to €20,276
- Accrued charges and deferred income -€8,882
down €8,882 (-100.0%), from €8,882 to €0
- Trade debts -€4,133
down €4,133 (-64.8%), from €6,377 to €2,245
- Debts after one year -€3,448
down €3,448 (-19.7%), from €17,540 to €14,092
- Current portion of long-term debt +€3,183
up €3,183 (+50.1%), from €6,355 to €9,539
- Gross operating margin +€9,406
up €9,406 (+262.9%), from €3,578 to €12,984
- Financial charges +€2,502
up €2,502 (+43.8%), from €5,705 to €8,207
- Other operating charges +€2,090
up €2,090 (+123.1%), from €1,697 to €3,787
- Financial income +€1,616
up €1,616 (+19755.9%), from €8 to €1,624
- Depreciation -€165
down €165 (-3.7%), from €4,430 to €4,265
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 | €25,216 | €21,181 | -€4,035 | -16.0% |
| Fixed assets | 21/28 | €10,510 | €6,245 | -€4,265 | -40.6% |
| Tangible fixed assets | 22/27 | €9,072 | €4,806 | -€4,265 | -47.0% |
| Plant, machinery and equipment | 23 | €729 | €48 | -€681 | -93.4% |
| Furniture and vehicles | 24 | €689 | €394 | -€295 | -42.8% |
| Leasing and similar rights | 25 | €7,654 | €4,365 | -€3,289 | -43.0% |
| Financial fixed assets | 28 | €1,439 | €1,439 | = | 0.0% |
| Current assets | 29/58 | €14,705 | €14,936 | +€230 | +1.6% |
| Stocks and contracts in progress | 3 | €7,051 | €6,246 | -€805 | -11.4% |
| Stocks | 30/36 | €7,051 | €6,246 | -€805 | -11.4% |
| Amounts receivable within one year | 40/41 | €2,399 | €123 | -€2,276 | -94.9% |
| Trade receivables | 40 | €2,071 | €123 | -€1,948 | -94.1% |
| Other amounts receivable | 41 | €328 | €0 | -€328 | -100.0% |
| Current investments | 50/53 | €406 | €0 | -€406 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,059 | €7,507 | +€3,447 | +84.9% |
| Deferred charges and accrued income | 490/1 | €790 | €1,060 | +€270 | +34.2% |
| Total equity and liabilities | 10/49 | €25,216 | €21,181 | -€4,035 | -16.0% |
| Equity | 10/15 | -€25,678 | -€27,329 | -€1,651 | -6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,426 | €8,426 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €326 | €326 | = | 0.0% |
| Distributable reserves | 133 | €8,100 | €8,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,305 | -€41,956 | -€1,651 | -4.1% |
| Amounts payable | 17/49 | €50,894 | €48,510 | -€2,384 | -4.7% |
| Amounts payable after more than one year | 17 | €17,540 | €14,092 | -€3,448 | -19.7% |
| Financial debts | 170/4 | €17,540 | €14,092 | -€3,448 | -19.7% |
| Amounts payable within one year | 42/48 | €24,472 | €34,418 | +€9,945 | +40.6% |
| Current portion of amounts payable after more than one year | 42 | €6,355 | €9,539 | +€3,183 | +50.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,377 | €2,245 | -€4,133 | -64.8% |
| Suppliers | 440/4 | €6,377 | €2,245 | -€4,133 | -64.8% |
| Taxes, remuneration and social security | 45 | €1,265 | €2,359 | +€1,094 | +86.4% |
| Taxes | 450/3 | €1,265 | €2,359 | +€1,094 | +86.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,474 | €20,276 | +€9,801 | +93.6% |
| Accrued charges and deferred income | 492/3 | €8,882 | €0 | -€8,882 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,430 | €4,265 | -€165 | -3.7% |
| Other operating charges | 640/8 | €1,697 | €3,787 | +€2,090 | +123.1% |
| Gross operating margin | 9900 | €3,578 | €12,984 | +€9,406 | +262.9% |
| Operating profit (loss) | 9901 | -€2,550 | €4,931 | +€7,481 | |
| Financial income | 75/76B | €8 | €1,624 | +€1,616 | +19755.9% |
| Recurring financial income | 75 | €8 | €1,624 | +€1,616 | +19755.9% |
| Financial charges | 65/66B | €5,705 | €8,207 | +€2,502 | +43.8% |
| Recurring financial charges | 65 | €5,705 | €8,207 | +€2,502 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,247 | -€1,651 | +€6,596 | +80.0% |
| Profit (loss) for the period | 9904 | -€8,247 | -€1,651 | +€6,596 | +80.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,247 | -€1,651 | +€6,596 | +80.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.