J.A. DAOUT: 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
J.A. DAOUT
NACE 69.201, Certified accountants and tax accountants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€2,298
2023 · €3,031-€5,328
Equity
€215,805
2023 · €218,102-€2,298
Cash
€329
2023 · €699-€369
Balance sheet total
€260,544
2023 · €271,959-€11,415
Largest movements
Assets
- Receivables within one year -€12,584
down €12,584 (-25.5%), from €49,367 to €36,783
of which Other amounts receivable: -€10,663
Equity and liabilities
- Tax, wage and social debts -€17,302
down €17,302 (-37.5%), from €46,080 to €28,778
of which Taxes: -€13,897
- Short-term financial debts +€10,521
new in 2024: €10,521
Income statement
- Taxes -€24,128
down €24,128 (-96.8%), from €24,938 to €810
- Staff costs +€9,246
up €9,246 (+1612.2%), from €573 to €9,819
- Other operating charges -€8,210
down €8,210 (-46.8%), from €17,560 to €9,350
- Gross operating margin -€7,398
down €7,398 (-25.4%), from €29,149 to €21,750
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
€3,031
Gross operating margin
-€7,398
Staff costs
-€9,246
Depreciation
-€25
Other operating charges
+€8,210
Other operating items
+€717
Financial income
+€35
Financial charges
+€217
Taxes
+€24,128
Deferred taxes and other
-€21,966
Result 2024
-€2,298
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
-€6,733
Investment
-€4,157
Financing
+€10,521
Cash 2023
€699
From operations (derived)
-€6,733
Net result for the year
-€2,298
Depreciation
+€2,449
Receivables within one year
+€12,584
Deferred charges and accrued income
+€169
Trade debts
-€2,261
Tax, wage and social debts
-€17,302
Other debts
-€83
Accrued charges and deferred income
+€7
Investment (derived)
-€4,157
Investment in fixed assets (net)
-€4,157
Financing
+€10,521
Short-term financial debts
+€10,521
Cash 2024
€329
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €271,959 | €260,544 | -€11,415 | -4.2% |
| Fixed assets | 21/28 | €4,703 | €6,411 | +€1,708 | +36.3% |
| Tangible fixed assets | 22/27 | €4,703 | €6,411 | +€1,708 | +36.3% |
| Furniture and vehicles | 24 | €4,703 | €5,165 | +€462 | +9.8% |
| Other tangible fixed assets | 26 | - | €1,246 | +€1,246 | |
| Current assets | 29/58 | €267,255 | €254,133 | -€13,123 | -4.9% |
| Amounts receivable after more than one year | 29 | €208,000 | €208,000 | = | 0.0% |
| Other amounts receivable | 291 | €208,000 | €208,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,367 | €36,783 | -€12,584 | -25.5% |
| Trade receivables | 40 | €37,315 | €35,394 | -€1,922 | -5.1% |
| Other amounts receivable | 41 | €12,052 | €1,389 | -€10,663 | -88.5% |
| Cash at bank and in hand | 54/58 | €699 | €329 | -€369 | -52.8% |
| Deferred charges and accrued income | 490/1 | €9,190 | €9,020 | -€169 | -1.8% |
| Total equity and liabilities | 10/49 | €271,959 | €260,544 | -€11,415 | -4.2% |
| Equity | 10/15 | €218,102 | €215,805 | -€2,298 | -1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €12,016 | €12,016 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €10,016 | €10,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | €186,087 | €183,789 | -€2,298 | -1.2% |
| Amounts payable | 17/49 | €53,856 | €44,739 | -€9,118 | -16.9% |
| Amounts payable within one year | 42/48 | €53,789 | €44,664 | -€9,125 | -17.0% |
| Financial debts | 43 | - | €10,521 | +€10,521 | |
| Credit institutions | 430/8 | - | €10,521 | +€10,521 | |
| Trade debts | 44 | €7,394 | €5,133 | -€2,261 | -30.6% |
| Suppliers | 440/4 | €7,394 | €5,133 | -€2,261 | -30.6% |
| Taxes, remuneration and social security | 45 | €46,080 | €28,778 | -€17,302 | -37.5% |
| Taxes | 450/3 | €42,675 | €28,778 | -€13,897 | -32.6% |
| Remuneration and social security | 454/9 | €3,405 | - | -€3,405 | |
| Other amounts payable | 47/48 | €315 | €233 | -€83 | -26.2% |
| Accrued charges and deferred income | 492/3 | €68 | €75 | +€7 | +10.9% |
| Remuneration, social security and pensions | 62 | €573 | €9,819 | +€9,246 | +1612.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,425 | €2,449 | +€25 | +1.0% |
| Other operating charges | 640/8 | €17,560 | €9,350 | -€8,210 | -46.8% |
| Non-recurring operating charges | 66A | €1,422 | €705 | -€717 | -50.4% |
| Gross operating margin | 9900 | €29,149 | €21,750 | -€7,398 | -25.4% |
| Operating profit (loss) | 9901 | €7,169 | -€573 | -€7,742 | |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €1,166 | €949 | -€217 | -18.6% |
| Recurring financial charges | 65 | €1,166 | €949 | -€217 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €6,003 | -€1,488 | -€7,491 | |
| Transfer from deferred taxes | 780 | €21,966 | - | -€21,966 | |
| Income taxes | 67/77 | €24,938 | €810 | -€24,128 | -96.8% |
| Profit (loss) for the period | 9904 | €3,031 | -€2,298 | -€5,328 | |
| Transfer from tax-exempt reserves | 789 | €87,864 | - | -€87,864 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,895 | -€2,298 | -€93,192 |
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 8 October 2026 via checked.be.