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DURSAE: 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.

What changed

DURSAE

BE 0877.205.345
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€14,862
2023 · -€1,690-€13,171
Equity
€18,277
2023 · €33,139-€14,862
Cash
-
not filed
Balance sheet total
€754,531
2023 · €757,055-€2,524

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€16,917

    up €16,917 (+111.4%), from €15,188 to €32,105

  • Tangible fixed assets -€15,650

    down €15,650 (-2.1%), from €736,867 to €721,216

    of which Land and buildings: -€15,093

Equity and liabilities
  • Other debts +€47,526

    up €47,526 (+35.0%), from €135,684 to €183,209

  • Current portion of long-term debt -€24,882

    down €24,882 (-42.4%), from €58,636 to €33,753

  • Profit (loss) carried forward -€14,862

    down €14,862, from €14,589 to -€273

  • Debts after one year -€11,831

    down €11,831 (-2.3%), from €515,433 to €503,602

Income statement
  • Financial charges +€7,624

    up €7,624 (+31.3%), from €24,318 to €31,942

  • Gross operating margin -€5,295

    down €5,295 (-10.6%), from €50,147 to €44,853

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€1,690
Gross operating margin -€5,295
Depreciation -€314
Other operating charges +€61
Financial charges -€7,624
Result 2024 -€14,862

Cash bridge derived

cash 2023 to 2024

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €757,055 €754,531 -€2,524 -0.3%
Fixed assets 21/28 €736,867 €721,216 -€15,650 -2.1%
Tangible fixed assets 22/27 €736,867 €721,216 -€15,650 -2.1%
Land and buildings 22 €734,554 €719,461 -€15,093 -2.1%
Plant, machinery and equipment 23 €2,313 €1,755 -€557 -24.1%
Current assets 29/58 €20,188 €33,314 +€13,126 +65.0%
Amounts receivable within one year 40/41 €15,188 €32,105 +€16,917 +111.4%
Trade receivables 40 €15,188 €32,105 +€16,917 +111.4%
Deferred charges and accrued income 490/1 €5,000 €1,209 -€3,791 -75.8%
Total equity and liabilities 10/49 €757,055 €754,531 -€2,524 -0.3%
Equity 10/15 €33,139 €18,277 -€14,862 -44.8%
Contributions 10/11 €18,550 €18,550 = 0.0%
Profit (loss) carried forward 14 €14,589 -€273 -€14,862
Amounts payable 17/49 €723,916 €736,254 +€12,338 +1.7%
Amounts payable after more than one year 17 €515,433 €503,602 -€11,831 -2.3%
Financial debts 170/4 €515,433 €503,602 -€11,831 -2.3%
Amounts payable within one year 42/48 €208,483 €232,576 +€24,093 +11.6%
Current portion of amounts payable after more than one year 42 €58,636 €33,753 -€24,882 -42.4%
Financial debts 43 €74 €1,571 +€1,497 +2023.2%
Credit institutions 430/8 €74 €1,571 +€1,497 +2023.2%
Trade debts 44 €9,804 €13,841 +€4,037 +41.2%
Suppliers 440/4 €9,804 €13,841 +€4,037 +41.2%
Taxes, remuneration and social security 45 €4,286 €202 -€4,084 -95.3%
Taxes 450/3 €4,286 €202 -€4,084 -95.3%
Other amounts payable 47/48 €135,684 €183,209 +€47,526 +35.0%
Accrued charges and deferred income 492/3 - €75 +€75
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €24,496 €24,810 +€314 +1.3%
Other operating charges 640/8 €3,023 €2,962 -€61 -2.0%
Gross operating margin 9900 €50,147 €44,853 -€5,295 -10.6%
Operating profit (loss) 9901 €22,628 €17,080 -€5,548 -24.5%
Financial charges 65/66B €24,318 €31,942 +€7,624 +31.3%
Recurring financial charges 65 €24,318 €31,942 +€7,624 +31.3%
Profit (loss) for the period before taxes 9903 -€1,690 -€14,862 -€13,171 -779.2%
Income taxes 67/77 €0 - =
Profit (loss) for the period 9904 -€1,690 -€14,862 -€13,171 -779.2%
Profit (loss) for the period to be appropriated 9905 -€1,690 -€14,862 -€13,171 -779.2%

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 28 September 2026 via checked.be.