DURAY KEVIN: 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.
DURAY KEVIN
Largest movements
- Receivables within one year +€13,128
new in 2024: €13,128
of which Trade receivables: +€11,880
- Intangible fixed assets -€12,000
down €12,000 (-11.1%), from €108,000 to €96,000
- Deferred charges and accrued income -€7,282
down €7,282 (-75.5%), from €9,644 to €2,362
- Cash +€4,637
up €4,637 (+2,128%), from €218 to €4,855
mainly Depreciation (+€12,428) and Other debts (+€7,643)
- Tangible fixed assets +€4,562
up €4,562 (+336%), from €1,357 to €5,919
of which Plant, machinery and equipment: +€3,438
- Debts after one year -€8,375
down €8,375 (-27.7%), from €30,265 to €21,890
- Other debts +€7,643
up €7,643 (+13.8%), from €55,558 to €63,201
- Reserves +€6,099
new in 2024: €6,099
- Trade debts -€3,629
down €3,629 (-28.9%), from €12,547 to €8,918
- Tax, wage and social debts +€2,229
up €2,229 (+34.0%), from €6,554 to €8,783
of which Taxes: +€3,231
- Gross operating margin +€5,844
up €5,844 (+31.7%), from €18,440 to €24,284
- Financial charges +€1,654
up €1,654 (+54.7%), from €3,025 to €4,678
- Other operating charges +€344
up €344 (+798%), from €43 to €387
- Depreciation +€286
up €286 (+2.4%), from €12,142 to €12,428
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 | €119,220 | €122,265 | +€3,046 | +2.6% |
| Fixed assets | 21/28 | €109,357 | €101,919 | -€7,438 | -6.8% |
| Intangible fixed assets | 21 | €108,000 | €96,000 | -€12,000 | -11.1% |
| Tangible fixed assets | 22/27 | €1,357 | €5,919 | +€4,562 | +336% |
| Plant, machinery and equipment | 23 | - | €3,438 | +€3,438 | |
| Furniture and vehicles | 24 | €1,357 | €1,291 | -€67 | -4.9% |
| Other tangible fixed assets | 26 | - | €1,191 | +€1,191 | |
| Current assets | 29/58 | €9,862 | €20,346 | +€10,484 | +106% |
| Amounts receivable within one year | 40/41 | - | €13,128 | +€13,128 | |
| Trade receivables | 40 | - | €11,880 | +€11,880 | |
| Other amounts receivable | 41 | - | €1,249 | +€1,249 | |
| Cash at bank and in hand | 54/58 | €218 | €4,855 | +€4,637 | +2,128% |
| Deferred charges and accrued income | 490/1 | €9,644 | €2,362 | -€7,282 | -75.5% |
| Total equity and liabilities | 10/49 | €119,220 | €122,265 | +€3,046 | +2.6% |
| Equity | 10/15 | €6,295 | €11,099 | +€4,804 | +76.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €6,099 | +€6,099 | |
| Distributable reserves | 133 | - | €6,099 | +€6,099 | |
| Profit (loss) carried forward | 14 | €1,295 | - | -€1,295 | |
| Amounts payable | 17/49 | €112,925 | €111,166 | -€1,758 | -1.6% |
| Amounts payable after more than one year | 17 | €30,265 | €21,890 | -€8,375 | -27.7% |
| Financial debts | 170/4 | €30,265 | €21,890 | -€8,375 | -27.7% |
| Amounts payable within one year | 42/48 | €82,659 | €89,276 | +€6,617 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €8,001 | €8,375 | +€374 | +4.7% |
| Trade debts | 44 | €12,547 | €8,918 | -€3,629 | -28.9% |
| Suppliers | 440/4 | €12,547 | €8,918 | -€3,629 | -28.9% |
| Taxes, remuneration and social security | 45 | €6,554 | €8,783 | +€2,229 | +34.0% |
| Taxes | 450/3 | €5,552 | €8,783 | +€3,231 | +58.2% |
| Remuneration and social security | 454/9 | €1,002 | - | -€1,002 | |
| Other amounts payable | 47/48 | €55,558 | €63,201 | +€7,643 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,142 | €12,428 | +€286 | +2.4% |
| Other operating charges | 640/8 | €43 | €387 | +€344 | +798% |
| Gross operating margin | 9900 | €18,440 | €24,284 | +€5,844 | +31.7% |
| Operating profit (loss) | 9901 | €6,254 | €11,469 | +€5,214 | +83.4% |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €3,025 | €4,678 | +€1,654 | +54.7% |
| Recurring financial charges | 65 | €3,025 | €4,678 | +€1,654 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | €3,230 | €6,809 | +€3,580 | +111% |
| Income taxes | 67/77 | €1,935 | €2,006 | +€71 | +3.7% |
| Profit (loss) for the period | 9904 | €1,295 | €4,804 | +€3,509 | +271% |
| Profit (loss) for the period to be appropriated | 9905 | €1,295 | €4,804 | +€3,509 | +271% |
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.