Dvoted: 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.
Dvoted
Largest movements
- Cash -€3,257
down €3,257 (-39.8%), from €8,187 to €4,930
mainly Net result for the year (-€4,372) and Other debts (-€2,253)
- Receivables within one year +€1,802
up €1,802 (+15.8%), from €11,433 to €13,235
of which Other amounts receivable: +€9,794
- Stocks and contracts +€1,036
new in 2024: €1,036
- Tangible fixed assets +€939
up €939 (+3.9%), from €24,310 to €25,249
of which Furniture and vehicles: +€1,666
- Trade debts +€4,636
up €4,636 (+44.0%), from €10,543 to €15,179
- Profit (loss) carried forward -€4,372
down €4,372 (-372%), from -€1,174 to -€5,547
- Tax, wage and social debts +€3,042
up €3,042 (+370%), from €821 to €3,863
- Other debts -€2,253
no longer reported in 2024 (was €2,253)
- Current portion of long-term debt -€532
down €532 (-6.3%), from €8,468 to €7,936
- Gross operating margin -€42,318
down €42,318, from €40,499 to -€1,818
- Depreciation -€4,092
no longer reported in 2024 (was €4,092)
- Financial charges -€3,002
down €3,002 (-68.5%), from €4,385 to €1,383
- Other operating charges -€1,474
down €1,474 (-55.7%), from €2,647 to €1,173
- Taxes -€821
no longer reported in 2024 (was €821)
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 | €43,930 | €44,450 | +€520 | +1.2% |
| Fixed assets | 21/28 | €24,310 | €25,249 | +€939 | +3.9% |
| Tangible fixed assets | 22/27 | €24,310 | €25,249 | +€939 | +3.9% |
| Plant, machinery and equipment | 23 | €3,737 | €3,010 | -€727 | -19.4% |
| Furniture and vehicles | 24 | €1,364 | €3,030 | +€1,666 | +122% |
| Leasing and similar rights | 25 | €15,791 | €15,791 | = | 0.0% |
| Other tangible fixed assets | 26 | €217 | €217 | = | 0.0% |
| Assets under construction and advance payments | 27 | €3,201 | €3,201 | = | 0.0% |
| Current assets | 29/58 | €19,620 | €19,201 | -€419 | -2.1% |
| Stocks and contracts in progress | 3 | - | €1,036 | +€1,036 | |
| Stocks | 30/36 | - | €1,036 | +€1,036 | |
| Amounts receivable within one year | 40/41 | €11,433 | €13,235 | +€1,802 | +15.8% |
| Trade receivables | 40 | €8,433 | €440 | -€7,992 | -94.8% |
| Other amounts receivable | 41 | €3,000 | €12,794 | +€9,794 | +326% |
| Cash at bank and in hand | 54/58 | €8,187 | €4,930 | -€3,257 | -39.8% |
| Total equity and liabilities | 10/49 | €43,930 | €44,450 | +€520 | +1.2% |
| Equity | 10/15 | €3,926 | -€447 | -€4,372 | |
| Contributions | 10/11 | €5,100 | €5,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,174 | -€5,547 | -€4,372 | -372% |
| Amounts payable | 17/49 | €40,004 | €44,897 | +€4,893 | +12.2% |
| Amounts payable after more than one year | 17 | €17,919 | €17,919 | = | 0.0% |
| Financial debts | 170/4 | €17,919 | €17,919 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,085 | €26,978 | +€4,893 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €8,468 | €7,936 | -€532 | -6.3% |
| Trade debts | 44 | €10,543 | €15,179 | +€4,636 | +44.0% |
| Suppliers | 440/4 | €10,543 | €15,179 | +€4,636 | +44.0% |
| Taxes, remuneration and social security | 45 | €821 | €3,863 | +€3,042 | +370% |
| Taxes | 450/3 | €821 | €3,863 | +€3,042 | +370% |
| Other amounts payable | 47/48 | €2,253 | - | -€2,253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,092 | - | -€4,092 | |
| Other operating charges | 640/8 | €2,647 | €1,173 | -€1,474 | -55.7% |
| Non-recurring operating charges | 66A | €1,750 | - | -€1,750 | |
| Gross operating margin | 9900 | €40,499 | -€1,818 | -€42,318 | |
| Operating profit (loss) | 9901 | €32,010 | -€2,991 | -€35,001 | |
| Financial income | 75/76B | €42 | €2 | -€40 | -94.5% |
| Recurring financial income | 75 | €42 | €2 | -€40 | -94.5% |
| Financial charges | 65/66B | €4,385 | €1,383 | -€3,002 | -68.5% |
| Recurring financial charges | 65 | €4,385 | €1,383 | -€3,002 | -68.5% |
| Profit (loss) for the period before taxes | 9903 | €27,667 | -€4,372 | -€32,040 | |
| Income taxes | 67/77 | €821 | - | -€821 | |
| Profit (loss) for the period | 9904 | €26,846 | -€4,372 | -€31,218 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,846 | -€4,372 | -€31,218 |
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 13 October 2026 via checked.be.