DUVAL ALSEMBERG: 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.
DUVAL ALSEMBERG
Largest movements
- Intangible fixed assets -€27,406
down €27,406 (-11.1%), from €246,650 to €219,245
- Receivables after one year -€10,750
no longer reported in 2024 (was €10,750)
- Cash +€4,223
up €4,223 (+202.2%), from €2,088 to €6,311
mainly Depreciation (+€27,406) and Net result for the year (+€24,351)
- Debts after one year -€42,828
down €42,828 (-29.3%), from €146,347 to €103,520
- Contributions -€30,000
down €30,000 (-60.0%), from €50,000 to €20,000
- Profit (loss) carried forward +€24,351
up €24,351 (+15779.5%), from €154 to €24,505
- Trade debts +€11,957
up €11,957 (+108.1%), from €11,065 to €23,022
- Turnover +€430,509
new in 2024: €430,509
- Purchases and services +€278,418
new in 2024: €278,418
- Gross operating margin +€22,679
up €22,679 (+17.5%), from €129,413 to €152,092
- Other operating charges -€13,952
down €13,952 (-93.0%), from €14,995 to €1,044
- Financial charges +€10,993
up €10,993 (+232.5%), from €4,728 to €15,721
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 | €262,689 | €230,331 | -€32,358 | -12.3% |
| Fixed assets | 21/28 | €249,850 | €222,445 | -€27,406 | -11.0% |
| Intangible fixed assets | 21 | €246,650 | €219,245 | -€27,406 | -11.1% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €12,838 | €7,886 | -€4,952 | -38.6% |
| Amounts receivable after more than one year | 29 | €10,750 | - | -€10,750 | |
| Other amounts receivable | 291 | €10,750 | - | -€10,750 | |
| Stocks and contracts in progress | 3 | - | €1,575 | +€1,575 | |
| Stocks | 30/36 | - | €1,575 | +€1,575 | |
| Cash at bank and in hand | 54/58 | €2,088 | €6,311 | +€4,223 | +202.2% |
| Total equity and liabilities | 10/49 | €262,689 | €230,331 | -€32,358 | -12.3% |
| Equity | 10/15 | €50,154 | €44,505 | -€5,649 | -11.3% |
| Contributions | 10/11 | €50,000 | €20,000 | -€30,000 | -60.0% |
| Profit (loss) carried forward | 14 | €154 | €24,505 | +€24,351 | +15779.5% |
| Amounts payable | 17/49 | €212,534 | €185,826 | -€26,709 | -12.6% |
| Amounts payable after more than one year | 17 | €146,347 | €103,520 | -€42,828 | -29.3% |
| Financial debts | 170/4 | €146,347 | €103,520 | -€42,828 | -29.3% |
| Amounts payable within one year | 42/48 | €66,187 | €82,306 | +€16,119 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | €30,765 | €31,598 | +€833 | +2.7% |
| Financial debts | 43 | €4,127 | €4,985 | +€858 | +20.8% |
| Credit institutions | 430/8 | €4,127 | €4,985 | +€858 | +20.8% |
| Trade debts | 44 | €11,065 | €23,022 | +€11,957 | +108.1% |
| Suppliers | 440/4 | €11,065 | €23,022 | +€11,957 | +108.1% |
| Taxes, remuneration and social security | 45 | €20,230 | €22,700 | +€2,470 | +12.2% |
| Taxes | 450/3 | €9,576 | €15,473 | +€5,897 | +61.6% |
| Remuneration and social security | 454/9 | €10,654 | €7,227 | -€3,427 | -32.2% |
| Turnover | 70 | - | €430,509 | +€430,509 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €278,418 | +€278,418 | |
| Remuneration, social security and pensions | 62 | €79,045 | €76,228 | -€2,817 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,406 | €27,406 | = | 0.0% |
| Other operating charges | 640/8 | €14,995 | €1,044 | -€13,952 | -93.0% |
| Gross operating margin | 9900 | €129,413 | €152,092 | +€22,679 | +17.5% |
| Operating profit (loss) | 9901 | €7,967 | €47,415 | +€39,448 | +495.1% |
| Financial income | 75/76B | - | €944 | +€944 | |
| Recurring financial income | 75 | - | €944 | +€944 | |
| Financial charges | 65/66B | €4,728 | €15,721 | +€10,993 | +232.5% |
| Recurring financial charges | 65 | €4,728 | €15,721 | +€10,993 | +232.5% |
| Profit (loss) for the period before taxes | 9903 | €3,239 | €32,638 | +€29,399 | +907.6% |
| Income taxes | 67/77 | - | €8,287 | +€8,287 | |
| Profit (loss) for the period | 9904 | €3,239 | €24,351 | +€21,112 | +651.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,239 | €24,351 | +€21,112 | +651.8% |
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 7 October 2026 via checked.be.