Jean Dethise: 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.
Jean Dethise
Largest movements
- Cash -€24,339
down €24,339 (-26.9%), from €90,582 to €66,244
mainly Net result for the year (-€16,489) and Receivables within one year (-€11,483)
- Receivables within one year +€11,483
up €11,483 (+66.1%), from €17,372 to €28,855
- Tangible fixed assets -€2,562
no longer reported in 2024 (was €2,562)
- Reserves -€16,489
down €16,489 (-39.6%), from €41,641 to €25,152
- Trade debts -€3,678
down €3,678 (-24.7%), from €14,901 to €11,223
- Tax, wage and social debts +€3,104
up €3,104 (+22.2%), from €13,979 to €17,083
of which Remuneration and social security: +€3,121
- Staff costs +€17,518
up €17,518 (+28.1%), from €62,338 to €79,855
- Gross operating margin -€12,118
down €12,118 (-15.2%), from €79,700 to €67,582
- Taxes -€4,397
down €4,397 (-93.5%), from €4,705 to €308
- Depreciation -€2,999
down €2,999 (-53.9%), from €5,560 to €2,562
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 | €112,425 | €96,195 | -€16,230 | -14.4% |
| Fixed assets | 21/28 | €3,072 | €510 | -€2,562 | -83.4% |
| Tangible fixed assets | 22/27 | €2,562 | - | -€2,562 | |
| Furniture and vehicles | 24 | €2,562 | - | -€2,562 | |
| Financial fixed assets | 28 | €510 | €510 | = | 0.0% |
| Current assets | 29/58 | €109,353 | €95,685 | -€13,668 | -12.5% |
| Amounts receivable within one year | 40/41 | €17,372 | €28,855 | +€11,483 | +66.1% |
| Other amounts receivable | 41 | €17,372 | €28,855 | +€11,483 | +66.1% |
| Cash at bank and in hand | 54/58 | €90,582 | €66,244 | -€24,339 | -26.9% |
| Deferred charges and accrued income | 490/1 | €1,399 | €586 | -€813 | -58.1% |
| Total equity and liabilities | 10/49 | €112,425 | €96,195 | -€16,230 | -14.4% |
| Equity | 10/15 | €50,041 | €33,552 | -€16,489 | -33.0% |
| Contributions | 10/11 | €8,400 | €8,400 | = | 0.0% |
| Reserves | 13 | €41,641 | €25,152 | -€16,489 | -39.6% |
| Distributable reserves | 133 | €41,641 | €25,152 | -€16,489 | -39.6% |
| Amounts payable | 17/49 | €62,384 | €62,643 | +€259 | +0.4% |
| Amounts payable within one year | 42/48 | €62,384 | €62,643 | +€259 | +0.4% |
| Trade debts | 44 | €14,901 | €11,223 | -€3,678 | -24.7% |
| Suppliers | 440/4 | €14,901 | €11,223 | -€3,678 | -24.7% |
| Taxes, remuneration and social security | 45 | €13,979 | €17,083 | +€3,104 | +22.2% |
| Taxes | 450/3 | €4,736 | €4,719 | -€17 | -0.4% |
| Remuneration and social security | 454/9 | €9,243 | €12,364 | +€3,121 | +33.8% |
| Other amounts payable | 47/48 | €33,505 | €34,337 | +€832 | +2.5% |
| Remuneration, social security and pensions | 62 | €62,338 | €79,855 | +€17,518 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,560 | €2,562 | -€2,999 | -53.9% |
| Other operating charges | 640/8 | €384 | €402 | +€18 | +4.6% |
| Non-recurring operating charges | 66A | €367 | €1,421 | +€1,054 | +287% |
| Gross operating margin | 9900 | €79,700 | €67,582 | -€12,118 | -15.2% |
| Operating profit (loss) | 9901 | €11,050 | -€16,658 | -€27,708 | |
| Financial income | 75/76B | €270 | €656 | +€386 | +143% |
| Recurring financial income | 75 | €270 | €656 | +€386 | +143% |
| Financial charges | 65/66B | €244 | €179 | -€64 | -26.3% |
| Recurring financial charges | 65 | €244 | €179 | -€64 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €11,077 | -€16,181 | -€27,257 | |
| Income taxes | 67/77 | €4,705 | €308 | -€4,397 | -93.5% |
| Profit (loss) for the period | 9904 | €6,371 | -€16,489 | -€22,860 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,371 | -€16,489 | -€22,860 |
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 16 October 2026 via checked.be.