HOLSBEEK DEURNE: 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
HOLSBEEK DEURNE
NACE 47.730, Retail sale of pharmaceutical products
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€4,947
2023 · -€9,329+€4,382
Equity
€350,925
2023 · €355,873-€4,947
Cash
€11,997
2023 · €16,177-€4,181
Balance sheet total
€917,585
2023 · €958,618-€41,032
Largest movements
Assets
- Receivables within one year -€33,006
down €33,006 (-4.2%), from €785,493 to €752,488
of which Other amounts receivable: -€55,941
Equity and liabilities
- Trade debts -€103,218
down €103,218 (-38.1%), from €271,188 to €167,970
- Short-term financial debts +€75,612
up €75,612 (+40.6%), from €186,351 to €261,964
- Debts after one year -€21,732
down €21,732 (-30.3%), from €71,732 to €50,000
- Other debts +€10,790
up €10,790 (+39.6%), from €27,268 to €38,058
Income statement
- Gross operating margin +€51,530
up €51,530 (+29.3%), from €175,856 to €227,386
- Staff costs +€36,791
up €36,791 (+22.5%), from €163,269 to €200,060
- Financial charges +€10,312
up €10,312 (+51.6%), from €19,985 to €30,296
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
-€9,329
Gross operating margin
+€51,530
Staff costs
-€36,791
Depreciation
-€481
Other operating charges
-€16
Financial income
+€452
Financial charges
-€10,312
Result 2024
-€4,947
raises the resultlowers the result
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
-€50,193
Investment
-€4,447
Financing
+€50,460
Cash 2023
€16,177
From operations (derived)
-€50,193
Net result for the year
-€4,947
Depreciation
+€969
Stocks and contracts
+€6,286
Receivables within one year
+€33,006
Deferred charges and accrued income
+€1,038
Trade debts
-€103,218
Tax, wage and social debts
+€6,220
Other debts
+€10,790
Accrued charges and deferred income
-€336
Investment (derived)
-€4,447
Investment in fixed assets (net)
-€4,447
Financing
+€50,460
Debts after one year
-€21,732
Current portion of long-term debt
-€3,421
Short-term financial debts
+€75,612
Cash 2024
€11,997
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €958,618 | €917,585 | -€41,032 | -4.3% |
| Fixed assets | 21/28 | €1,044 | €4,522 | +€3,478 | +333% |
| Tangible fixed assets | 22/27 | €1,044 | €4,522 | +€3,478 | +333% |
| Plant, machinery and equipment | 23 | €1,044 | €4,522 | +€3,478 | +333% |
| Current assets | 29/58 | €957,574 | €913,063 | -€44,511 | -4.6% |
| Stocks and contracts in progress | 3 | €141,361 | €135,074 | -€6,286 | -4.4% |
| Stocks | 30/36 | €141,361 | €135,074 | -€6,286 | -4.4% |
| Amounts receivable within one year | 40/41 | €785,493 | €752,488 | -€33,006 | -4.2% |
| Trade receivables | 40 | €67,194 | €90,129 | +€22,935 | +34.1% |
| Other amounts receivable | 41 | €718,300 | €662,359 | -€55,941 | -7.8% |
| Cash at bank and in hand | 54/58 | €16,177 | €11,997 | -€4,181 | -25.8% |
| Deferred charges and accrued income | 490/1 | €14,542 | €13,504 | -€1,038 | -7.1% |
| Total equity and liabilities | 10/49 | €958,618 | €917,585 | -€41,032 | -4.3% |
| Equity | 10/15 | €355,873 | €350,925 | -€4,947 | -1.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €70,500 | €70,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €64,303 | €64,303 | = | 0.0% |
| Profit (loss) carried forward | 14 | €223,399 | €218,452 | -€4,947 | -2.2% |
| Amounts payable | 17/49 | €602,745 | €566,660 | -€36,085 | -6.0% |
| Amounts payable after more than one year | 17 | €71,732 | €50,000 | -€21,732 | -30.3% |
| Financial debts | 170/4 | €71,732 | €50,000 | -€21,732 | -30.3% |
| Amounts payable within one year | 42/48 | €530,678 | €516,660 | -€14,018 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €25,153 | €21,732 | -€3,421 | -13.6% |
| Financial debts | 43 | €186,351 | €261,964 | +€75,612 | +40.6% |
| Credit institutions | 430/8 | €186,351 | €261,964 | +€75,612 | +40.6% |
| Trade debts | 44 | €271,188 | €167,970 | -€103,218 | -38.1% |
| Suppliers | 440/4 | €271,188 | €167,970 | -€103,218 | -38.1% |
| Taxes, remuneration and social security | 45 | €20,717 | €26,937 | +€6,220 | +30.0% |
| Taxes | 450/3 | €282 | €453 | +€171 | +60.6% |
| Remuneration and social security | 454/9 | €20,436 | €26,484 | +€6,049 | +29.6% |
| Other amounts payable | 47/48 | €27,268 | €38,058 | +€10,790 | +39.6% |
| Accrued charges and deferred income | 492/3 | €336 | - | -€336 | |
| Remuneration, social security and pensions | 62 | €163,269 | €200,060 | +€36,791 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €488 | €969 | +€481 | +98.5% |
| Other operating charges | 640/8 | €1,443 | €1,460 | +€16 | +1.1% |
| Gross operating margin | 9900 | €175,856 | €227,386 | +€51,530 | +29.3% |
| Operating profit (loss) | 9901 | €10,655 | €24,897 | +€14,242 | +134% |
| Financial income | 75/76B | €0 | €452 | +€452 | +94,104% |
| Recurring financial income | 75 | €0 | €246 | +€245 | +51,063% |
| Non-recurring financial income | 76B | - | €207 | +€207 | |
| Financial charges | 65/66B | €19,985 | €30,296 | +€10,312 | +51.6% |
| Recurring financial charges | 65 | €19,985 | €30,296 | +€10,312 | +51.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,329 | -€4,947 | +€4,382 | +47.0% |
| Profit (loss) for the period | 9904 | -€9,329 | -€4,947 | +€4,382 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,329 | -€4,947 | +€4,382 | +47.0% |
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 25 October 2026 via checked.be.