Groupe De Doncker: 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.
What changed
Groupe De Doncker
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€27,440
2023 · -€6,661-€20,779
Equity
€867,646
2023 · €895,086-€27,440
Cash
€333,033
2023 · €35,105+€297,927
Balance sheet total
€16.0m
2023 · €14.0m+€2.0m
Largest movements
Assets
- Stocks and contracts +€2.0m
up €2.0m (+19.9%), from €10.2m to €12.2m
- Tangible fixed assets -€401,808
down €401,808 (-53.0%), from €757,666 to €355,858
of which Furniture and vehicles: -€378,754
- Cash +€297,927
up €297,927 (+849%), from €35,105 to €333,033
mainly Short-term financial debts (+€2.0m) and Trade debts (+€915,975)
Equity and liabilities
- Short-term financial debts +€2.0m
up €2.0m (+154%), from €1.3m to €3.3m
- Trade debts +€915,975
up €915,975 (+8.7%), from €10.5m to €11.4m
- Tax, wage and social debts -€378,379
down €378,379 (-56.3%), from €671,825 to €293,446
of which Taxes: -€370,552
- Current portion of long-term debt -€202,883
down €202,883 (-93.9%), from €216,079 to €13,196
- Other debts -€189,830
no longer reported in 2024 (was €189,830)
Income statement
- Turnover -€4.8m
down €4.8m (-14.5%), from €33.3m to €28.4m
- Goods and materials -€4.6m
down €4.6m (-16.4%), from €28.2m to €23.5m
of which Change in stocks: decrease (increase): -€2.6m
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
-€6,661
Turnover
-€4.8m
Other operating income
-€87,351
Goods and materials
+€4.6m
Services and other goods
+€131,417
Staff costs
-€35,082
Depreciation
+€76,191
Write-downs
-€55,398
Other operating charges
-€79,519
Other operating items
+€301
Financial income
-€1,070
Financial charges
+€252,084
Taxes
-€12,417
Result 2024
-€27,440
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.7m
Investment
+€241,739
Financing
+€1.8m
Cash 2023
€35,105
From operations (derived)
-€1.7m
Net result for the year
-€27,440
Depreciation
+€161,329
Stocks and contracts
-€2.0m
Receivables within one year
-€104,302
Deferred charges and accrued income
-€6,381
Trade debts
+€915,975
Tax, wage and social debts
-€378,379
Other debts
-€189,830
Accrued charges and deferred income
-€71,046
Investment (derived)
+€241,739
Investment in fixed assets (net)
+€241,739
Financing
+€1.8m
Debts after one year
-€13,196
Current portion of long-term debt
-€202,883
Short-term financial debts
+€2.0m
Cash 2024
€333,033
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,976,563 | €16,009,764 | +€2.0m | +14.5% |
| Fixed assets | 21/28 | €763,263 | €360,195 | -€403,068 | -52.8% |
| Tangible fixed assets | 22/27 | €757,666 | €355,858 | -€401,808 | -53.0% |
| Plant, machinery and equipment | 23 | €93,049 | €78,563 | -€14,486 | -15.6% |
| Furniture and vehicles | 24 | €502,111 | €123,357 | -€378,754 | -75.4% |
| Other tangible fixed assets | 26 | €162,505 | €153,938 | -€8,567 | -5.3% |
| Financial fixed assets | 28 | €5,597 | €4,337 | -€1,260 | -22.5% |
| Other financial fixed assets | 284/8 | €5,597 | €4,337 | -€1,260 | -22.5% |
| Amounts receivable and cash guarantees | 285/8 | €5,597 | €4,337 | -€1,260 | -22.5% |
| Current assets | 29/58 | €13,213,301 | €15,649,569 | +€2.4m | +18.4% |
| Stocks and contracts in progress | 3 | €10,204,344 | €12,232,002 | +€2.0m | +19.9% |
| Stocks | 30/36 | €10,204,344 | €12,232,002 | +€2.0m | +19.9% |
| Goods purchased for resale | 34 | €10,204,344 | €12,232,002 | +€2.0m | +19.9% |
| Amounts receivable within one year | 40/41 | €2,894,767 | €2,999,068 | +€104,302 | +3.6% |
| Trade receivables | 40 | €2,051,761 | €845,277 | -€1.2m | -58.8% |
| Other amounts receivable | 41 | €843,006 | €2,153,792 | +€1.3m | +155% |
| Cash at bank and in hand | 54/58 | €35,105 | €333,033 | +€297,927 | +849% |
| Deferred charges and accrued income | 490/1 | €79,085 | €85,466 | +€6,381 | +8.1% |
| Total equity and liabilities | 10/49 | €13,976,563 | €16,009,764 | +€2.0m | +14.5% |
| Equity | 10/15 | €895,086 | €867,646 | -€27,440 | -3.1% |
| Contributions | 10/11 | €112,500 | €112,500 | = | 0.0% |
| Reserves | 13 | €573,829 | €573,829 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,916 | - | -€24,916 | |
| Reserves not available under the articles | 1311 | €24,916 | - | -€24,916 | |
| Distributable reserves | 133 | €548,914 | €573,829 | +€24,916 | +4.5% |
| Profit (loss) carried forward | 14 | €208,757 | €181,317 | -€27,440 | -13.1% |
| Amounts payable | 17/49 | €13,081,477 | €15,142,118 | +€2.1m | +15.8% |
| Amounts payable after more than one year | 17 | €132,512 | €119,316 | -€13,196 | -10.0% |
| Financial debts | 170/4 | €132,512 | €119,316 | -€13,196 | -10.0% |
| Credit institutions | 173 | €132,512 | €119,316 | -€13,196 | -10.0% |
| Amounts payable within one year | 42/48 | €12,877,777 | €15,022,661 | +€2.1m | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €216,079 | €13,196 | -€202,883 | -93.9% |
| Financial debts | 43 | €1,300,000 | €3,300,000 | +€2.0m | +154% |
| Credit institutions | 430/8 | €1,300,000 | €3,300,000 | +€2.0m | +154% |
| Trade debts | 44 | €10,500,043 | €11,416,018 | +€915,975 | +8.7% |
| Suppliers | 440/4 | €10,500,043 | €11,416,018 | +€915,975 | +8.7% |
| Taxes, remuneration and social security | 45 | €671,825 | €293,446 | -€378,379 | -56.3% |
| Taxes | 450/3 | €378,656 | €8,104 | -€370,552 | -97.9% |
| Remuneration and social security | 454/9 | €293,169 | €285,342 | -€7,827 | -2.7% |
| Other amounts payable | 47/48 | €189,830 | - | -€189,830 | |
| Accrued charges and deferred income | 492/3 | €71,188 | €142 | -€71,046 | -99.8% |
| Operating income | 70/76A | €33,620,596 | €28,702,839 | -€4.9m | -14.6% |
| Turnover | 70 | €33,261,390 | €28,430,571 | -€4.8m | -14.5% |
| Other operating income | 74 | €359,206 | €271,855 | -€87,351 | -24.3% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Operating charges | 60/66A | €32,939,773 | €28,281,391 | -€4.7m | -14.1% |
| Goods for resale, raw materials and consumables | 60 | €28,159,282 | €23,538,398 | -€4.6m | -16.4% |
| Purchases | 600/8 | €27,687,468 | €25,626,238 | -€2.1m | -7.4% |
| Change in stocks: decrease (increase) | 609 | €471,814 | -€2,087,840 | -€2.6m | |
| Services and other goods | 61 | €2,076,896 | €1,945,479 | -€131,417 | -6.3% |
| Remuneration, social security and pensions | 62 | €2,382,561 | €2,417,643 | +€35,082 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,520 | €161,329 | -€76,191 | -32.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,754 | €60,152 | +€55,398 | +1,165% |
| Other operating charges | 640/8 | €78,759 | €158,278 | +€79,519 | +101% |
| Non-recurring operating charges | 66A | - | €112 | +€112 | |
| Operating profit (loss) | 9901 | €680,824 | €421,448 | -€259,376 | -38.1% |
| Financial income | 75/76B | €2,579 | €1,509 | -€1,070 | -41.5% |
| Recurring financial income | 75 | €2,579 | €1,509 | -€1,070 | -41.5% |
| Income from current assets | 751 | €38 | - | -€38 | |
| Other financial income | 752/9 | €2,541 | €1,509 | -€1,033 | -40.6% |
| Financial charges | 65/66B | €677,721 | €425,637 | -€252,084 | -37.2% |
| Recurring financial charges | 65 | €677,721 | €424,618 | -€253,103 | -37.3% |
| Debt charges | 650 | €661,863 | €398,944 | -€262,919 | -39.7% |
| Other financial charges | 652/9 | €15,858 | €25,674 | +€9,816 | +61.9% |
| Non-recurring financial charges | 66B | - | €1,019 | +€1,019 | |
| Profit (loss) for the period before taxes | 9903 | €5,682 | -€2,680 | -€8,362 | |
| Income taxes | 67/77 | €12,343 | €24,760 | +€12,417 | +101% |
| Taxes | 670/3 | €12,343 | €24,760 | +€12,417 | +101% |
| Profit (loss) for the period | 9904 | -€6,661 | -€27,440 | -€20,779 | -312% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,661 | -€27,440 | -€20,779 | -312% |
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 28 October 2026 via checked.be.