DV ANDOR: 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
DV ANDOR
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€236,131
2023 · €149,428+€86,703
Equity
€5.8m
2023 · €6.6m-€763,869
Cash
€71,405
2023 · €27,968+€43,436
Balance sheet total
€6.7m
2023 · €6.7m-€32,233
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Contributions -€1.0m
down €1.0m (-18.1%), from €5.5m to €4.5m
- Other debts +€689,232
up €689,232 (+834.1%), from €82,629 to €771,861
- Profit (loss) carried forward +€130,881
up €130,881 (+13.0%), from €1.0m to €1.1m
- Reserves +€105,250
up €105,250 (+187.9%), from €56,000 to €161,250
of which Tax-exempt reserves: +€105,250
Income statement
- Turnover +€96,750
up €96,750 (+44.2%), from €219,000 to €315,750
- Financial income +€25,022
up €25,022 (+24.8%), from €100,943 to €125,965
- Taxes +€18,081
up €18,081 (+92.4%), from €19,567 to €37,647
- Services and other goods +€11,298
up €11,298 (+9.8%), from €115,723 to €127,020
- Depreciation +€5,481
up €5,481 (+34.4%), from €15,919 to €21,401
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.
Result 2023
€149,428
Turnover
+€96,750
Other operating income
-€1,684
Services and other goods
-€11,298
Staff costs
+€268
Depreciation
-€5,481
Other operating charges
-€769
Financial income
+€25,022
Financial charges
+€1,976
Taxes
-€18,081
Result 2024
€236,131
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.
From operations
+€1.1m
Investment
-€980
Financing
-€1.0m
Cash 2023
€27,968
From operations (derived)
+€1.1m
Net result for the year
+€236,131
Depreciation
+€21,401
Receivables within one year
+€55,249
Trade debts
+€7,017
Tax, wage and social debts
+€49,300
Other debts
+€689,232
Investment (derived)
-€980
Current investments
-€980
Financing
-€1.0m
Debts after one year
-€13,887
Current portion of long-term debt
-€26
Contributions, distributions and other
-€1.0m
Cash 2024
€71,405
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,730,114 | €6,697,882 | -€32,233 | -0.5% |
| Fixed assets | 21/28 | €6,603,739 | €6,582,338 | -€21,401 | -0.3% |
| Tangible fixed assets | 22/27 | €68,669 | €47,269 | -€21,401 | -31.2% |
| Furniture and vehicles | 24 | €68,669 | €47,269 | -€21,401 | -31.2% |
| Financial fixed assets | 28 | €6,535,069 | €6,535,069 | = | 0.0% |
| Affiliated companies | 280/1 | €6,535,069 | €6,535,069 | = | 0.0% |
| Participating interests | 280 | €6,535,069 | €6,535,069 | = | 0.0% |
| Current assets | 29/58 | €126,376 | €115,544 | -€10,832 | -8.6% |
| Amounts receivable within one year | 40/41 | €98,003 | €42,754 | -€55,249 | -56.4% |
| Trade receivables | 40 | - | €30,400 | +€30,400 | |
| Other amounts receivable | 41 | €98,003 | €12,354 | -€85,649 | -87.4% |
| Current investments | 50/53 | €405 | €1,385 | +€980 | +242.3% |
| Other investments | 51/53 | €405 | €1,385 | +€980 | +242.3% |
| Cash at bank and in hand | 54/58 | €27,968 | €71,405 | +€43,436 | +155.3% |
| Total equity and liabilities | 10/49 | €6,730,114 | €6,697,882 | -€32,233 | -0.5% |
| Equity | 10/15 | €6,580,671 | €5,816,802 | -€763,869 | -11.6% |
| Contributions | 10/11 | €5,520,000 | €4,520,000 | -€1.0m | -18.1% |
| Outside capital | 11 | €5,520,000 | €4,520,000 | -€1.0m | -18.1% |
| Other | 1109/19 | €5,520,000 | €4,520,000 | -€1.0m | -18.1% |
| Reserves | 13 | €56,000 | €161,250 | +€105,250 | +187.9% |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €56,000 | €56,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,004,671 | €1,135,552 | +€130,881 | +13.0% |
| Amounts payable | 17/49 | €149,444 | €881,080 | +€731,636 | +489.6% |
| Amounts payable after more than one year | 17 | €31,728 | €17,840 | -€13,887 | -43.8% |
| Financial debts | 170/4 | €31,728 | €17,840 | -€13,887 | -43.8% |
| Credit institutions | 173 | €31,728 | €17,840 | -€13,887 | -43.8% |
| Amounts payable within one year | 42/48 | €117,716 | €863,240 | +€745,524 | +633.3% |
| Current portion of amounts payable after more than one year | 42 | €13,913 | €13,887 | -€26 | -0.2% |
| Trade debts | 44 | €1,950 | €8,967 | +€7,017 | +359.8% |
| Suppliers | 440/4 | €1,950 | €8,967 | +€7,017 | +359.8% |
| Taxes, remuneration and social security | 45 | €19,223 | €68,524 | +€49,300 | +256.5% |
| Taxes | 450/3 | €11,049 | €65,540 | +€54,490 | +493.1% |
| Remuneration and social security | 454/9 | €8,174 | €2,984 | -€5,190 | -63.5% |
| Other amounts payable | 47/48 | €82,629 | €771,861 | +€689,232 | +834.1% |
| Operating income | 70/76A | €231,398 | €326,465 | +€95,066 | +41.1% |
| Turnover | 70 | €219,000 | €315,750 | +€96,750 | +44.2% |
| Other operating income | 74 | €12,398 | €10,715 | -€1,684 | -13.6% |
| Operating charges | 60/66A | €155,855 | €173,136 | +€17,281 | +11.1% |
| Services and other goods | 61 | €115,723 | €127,020 | +€11,298 | +9.8% |
| Remuneration, social security and pensions | 62 | €22,576 | €22,309 | -€268 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,919 | €21,401 | +€5,481 | +34.4% |
| Other operating charges | 640/8 | €1,637 | €2,406 | +€769 | +47.0% |
| Operating profit (loss) | 9901 | €75,544 | €153,329 | +€77,786 | +103.0% |
| Financial income | 75/76B | €100,943 | €125,965 | +€25,022 | +24.8% |
| Recurring financial income | 75 | €100,943 | €125,965 | +€25,022 | +24.8% |
| Income from financial fixed assets | 750 | - | €125,000 | +€125,000 | |
| Income from current assets | 751 | - | €964 | +€964 | |
| Other financial income | 752/9 | €100,943 | €1 | -€100,942 | -100.0% |
| Financial charges | 65/66B | €7,491 | €5,516 | -€1,976 | -26.4% |
| Recurring financial charges | 65 | €7,491 | €5,516 | -€1,976 | -26.4% |
| Debt charges | 650 | - | €5,180 | +€5,180 | |
| Other financial charges | 652/9 | €7,491 | €336 | -€7,155 | -95.5% |
| Profit (loss) for the period before taxes | 9903 | €168,995 | €273,778 | +€104,784 | +62.0% |
| Income taxes | 67/77 | €19,567 | €37,647 | +€18,081 | +92.4% |
| Taxes | 670/3 | €19,567 | €37,647 | +€18,081 | +92.4% |
| Profit (loss) for the period | 9904 | €149,428 | €236,131 | +€86,703 | +58.0% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €149,428 | €130,881 | -€18,547 | -12.4% |
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 5 October 2026 via checked.be.