Elke Derdaele: 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.
Elke Derdaele
Largest movements
- Receivables within one year +€24,946
up €24,946 (+30.2%), from €82,475 to €107,420
- Tangible fixed assets -€7,009
down €7,009 (-5.0%), from €140,722 to €133,712
of which Other tangible fixed assets: -€6,786
- Profit (loss) carried forward +€15,700
up €15,700 (+17.7%), from €88,763 to €104,463
- Trade debts -€5,897
down €5,897 (-40.4%), from €14,587 to €8,690
- Other debts +€5,829
new in 2024: €5,829
- Gross operating margin -€12,701
down €12,701 (-25.2%), from €50,399 to €37,698
- Depreciation +€6,536
up €6,536 (+75.8%), from €8,623 to €15,159
- Taxes -€3,108
down €3,108 (-39.8%), from €7,819 to €4,711
- Other operating charges -€1,052
down €1,052 (-86.1%), from €1,221 to €169
- Financial charges -€754
down €754 (-27.8%), from €2,713 to €1,959
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 | €226,839 | €244,351 | +€17,511 | +7.7% |
| Fixed assets | 21/28 | €141,222 | €134,212 | -€7,009 | -5.0% |
| Tangible fixed assets | 22/27 | €140,722 | €133,712 | -€7,009 | -5.0% |
| Furniture and vehicles | 24 | €852 | €628 | -€223 | -26.2% |
| Other tangible fixed assets | 26 | €139,870 | €133,084 | -€6,786 | -4.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €85,617 | €110,138 | +€24,521 | +28.6% |
| Amounts receivable within one year | 40/41 | €82,475 | €107,420 | +€24,946 | +30.2% |
| Other amounts receivable | 41 | €82,475 | €107,420 | +€24,946 | +30.2% |
| Cash at bank and in hand | 54/58 | €2,851 | €2,421 | -€430 | -15.1% |
| Deferred charges and accrued income | 490/1 | €292 | €297 | +€5 | +1.8% |
| Total equity and liabilities | 10/49 | €226,839 | €244,351 | +€17,511 | +7.7% |
| Equity | 10/15 | €92,763 | €108,463 | +€15,700 | +16.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,763 | €104,463 | +€15,700 | +17.7% |
| Amounts payable | 17/49 | €134,077 | €135,888 | +€1,811 | +1.4% |
| Amounts payable after more than one year | 17 | €102,591 | €102,331 | -€260 | -0.3% |
| Financial debts | 170/4 | €102,591 | €102,331 | -€260 | -0.3% |
| Amounts payable within one year | 42/48 | €31,485 | €33,557 | +€2,071 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €14,330 | €14,538 | +€208 | +1.5% |
| Trade debts | 44 | €14,587 | €8,690 | -€5,897 | -40.4% |
| Suppliers | 440/4 | €14,587 | €8,690 | -€5,897 | -40.4% |
| Taxes, remuneration and social security | 45 | €2,569 | €4,500 | +€1,931 | +75.2% |
| Taxes | 450/3 | €2,569 | €4,500 | +€1,931 | +75.2% |
| Other amounts payable | 47/48 | - | €5,829 | +€5,829 | |
| Non-recurring operating income | 76A | €3,674 | - | -€3,674 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,623 | €15,159 | +€6,536 | +75.8% |
| Other operating charges | 640/8 | €1,221 | €169 | -€1,052 | -86.1% |
| Gross operating margin | 9900 | €50,399 | €37,698 | -€12,701 | -25.2% |
| Operating profit (loss) | 9901 | €40,555 | €22,370 | -€18,185 | -44.8% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,713 | €1,959 | -€754 | -27.8% |
| Recurring financial charges | 65 | €2,713 | €1,959 | -€754 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €37,842 | €20,411 | -€17,431 | -46.1% |
| Income taxes | 67/77 | €7,819 | €4,711 | -€3,108 | -39.8% |
| Profit (loss) for the period | 9904 | €30,023 | €15,700 | -€14,323 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,023 | €15,700 | -€14,323 | -47.7% |
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 17 October 2026 via checked.be.