DUTCH ANGLE: 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.
DUTCH ANGLE
Largest movements
- Stocks and contracts -€8,429
down €8,429 (-25.0%), from €33,717 to €25,288
- Receivables within one year +€8,366
up €8,366 (+7.4%), from €112,865 to €121,232
of which Trade receivables: +€20,982
- Cash +€2,002
up €2,002 (+1875.9%), from €107 to €2,109
mainly Net result for the year (+€18,062) and Tax, wage and social debts (+€8,936)
- Advances received -€21,843
down €21,843 (-100.0%), from €21,843 to €0
- Profit (loss) carried forward +€18,092
up €18,092 (+376.8%), from €4,801 to €22,894
- Tax, wage and social debts +€8,936
up €8,936 (+558.2%), from €1,601 to €10,536
- Other debts -€7,982
down €7,982 (-48.1%), from €16,579 to €8,597
- Trade debts +€4,736
up €4,736 (+5.3%), from €89,465 to €94,202
- Gross operating margin +€18,207
up €18,207 (+277.5%), from €6,561 to €24,768
- Taxes +€5,183
up €5,183 (+323.8%), from €1,601 to €6,784
- Other operating charges -€779
down €779 (-100.0%), from €779 to €0
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 | €146,690 | €148,629 | +€1,939 | +1.3% |
| Current assets | 29/58 | €146,690 | €148,629 | +€1,939 | +1.3% |
| Stocks and contracts in progress | 3 | €33,717 | €25,288 | -€8,429 | -25.0% |
| Contracts in progress | 37 | €33,717 | €25,288 | -€8,429 | -25.0% |
| Amounts receivable within one year | 40/41 | €112,865 | €121,232 | +€8,366 | +7.4% |
| Trade receivables | 40 | €100,250 | €121,232 | +€20,982 | +20.9% |
| Other amounts receivable | 41 | €12,615 | €0 | -€12,615 | -100.0% |
| Cash at bank and in hand | 54/58 | €107 | €2,109 | +€2,002 | +1875.9% |
| Total equity and liabilities | 10/49 | €146,690 | €148,629 | +€1,939 | +1.3% |
| Equity | 10/15 | €17,201 | €35,294 | +€18,092 | +105.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,801 | €22,894 | +€18,092 | +376.8% |
| Amounts payable | 17/49 | €129,488 | €113,335 | -€16,153 | -12.5% |
| Amounts payable within one year | 42/48 | €129,488 | €113,335 | -€16,153 | -12.5% |
| Trade debts | 44 | €89,465 | €94,202 | +€4,736 | +5.3% |
| Suppliers | 440/4 | €89,465 | €94,202 | +€4,736 | +5.3% |
| Advances received on contracts in progress | 46 | €21,843 | €0 | -€21,843 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,601 | €10,536 | +€8,936 | +558.2% |
| Taxes | 450/3 | €1,601 | €10,536 | +€8,936 | +558.2% |
| Other amounts payable | 47/48 | €16,579 | €8,597 | -€7,982 | -48.1% |
| Other operating charges | 640/8 | €779 | €0 | -€779 | -100.0% |
| Gross operating margin | 9900 | €6,561 | €24,768 | +€18,207 | +277.5% |
| Operating profit (loss) | 9901 | €5,782 | €24,768 | +€18,987 | +328.4% |
| Financial income | 75/76B | €255 | €239 | -€16 | -6.4% |
| Recurring financial income | 75 | €255 | €239 | -€16 | -6.4% |
| Financial charges | 65/66B | €286 | €161 | -€125 | -43.9% |
| Recurring financial charges | 65 | €286 | €161 | -€125 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €5,750 | €24,846 | +€19,096 | +332.1% |
| Income taxes | 67/77 | €1,601 | €6,784 | +€5,183 | +323.8% |
| Profit (loss) for the period | 9904 | €4,149 | €18,062 | +€13,913 | +335.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,149 | €18,062 | +€13,913 | +335.3% |
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 3 October 2026 via checked.be.