P.I. DEINZE: 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.
P.I. DEINZE
Largest movements
- Receivables within one year +€121,325
up €121,325 (+33.3%), from €363,893 to €485,218
of which Other amounts receivable: +€113,325
- Stocks and contracts -€38,545
down €38,545 (-21.7%), from €177,896 to €139,351
- Tangible fixed assets -€8,267
down €8,267 (-32.4%), from €25,536 to €17,269
of which Furniture and vehicles: -€7,044
- Cash -€8,077
down €8,077 (-51.6%), from €15,666 to €7,589
mainly Receivables within one year (-€121,325) and Net result for the year (-€9,612)
- Accrued charges and deferred income +€58,330
new in 2024: €58,330
- Other debts +€12,392
up €12,392 (+19.5%), from €63,556 to €75,948
- Gross operating margin -€70,186
down €70,186 (-81.0%), from €86,629 to €16,443
- Other operating charges -€19,970
down €19,970 (-67.7%), from €29,513 to €9,543
- Taxes -€5,563
down €5,563 (-33.5%), from €16,619 to €11,056
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 | €621,695 | €688,131 | +€66,436 | +10.7% |
| Fixed assets | 21/28 | €54,789 | €46,522 | -€8,267 | -15.1% |
| Tangible fixed assets | 22/27 | €25,536 | €17,269 | -€8,267 | -32.4% |
| Plant, machinery and equipment | 23 | €1,317 | €95 | -€1,222 | -92.8% |
| Furniture and vehicles | 24 | €24,218 | €17,174 | -€7,044 | -29.1% |
| Financial fixed assets | 28 | €29,253 | €29,253 | = | 0.0% |
| Current assets | 29/58 | €566,906 | €641,609 | +€74,702 | +13.2% |
| Stocks and contracts in progress | 3 | €177,896 | €139,351 | -€38,545 | -21.7% |
| Stocks | 30/36 | €177,896 | €139,351 | -€38,545 | -21.7% |
| Amounts receivable within one year | 40/41 | €363,893 | €485,218 | +€121,325 | +33.3% |
| Trade receivables | 40 | €127,760 | €135,760 | +€8,000 | +6.3% |
| Other amounts receivable | 41 | €236,133 | €349,458 | +€113,325 | +48.0% |
| Cash at bank and in hand | 54/58 | €15,666 | €7,589 | -€8,077 | -51.6% |
| Deferred charges and accrued income | 490/1 | €9,452 | €9,452 | = | 0.0% |
| Total equity and liabilities | 10/49 | €621,695 | €688,131 | +€66,436 | +10.7% |
| Equity | 10/15 | €391,079 | €381,467 | -€9,612 | -2.5% |
| Contributions | 10/11 | €44,541 | €44,541 | = | 0.0% |
| Reserves | 13 | €301,971 | €296,514 | -€5,457 | -1.8% |
| Non-distributable reserves | 130/1 | €4,454 | €4,454 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,454 | €4,454 | = | 0.0% |
| Tax-exempt reserves | 132 | €271,743 | €266,286 | -€5,457 | -2.0% |
| Distributable reserves | 133 | €25,774 | €25,774 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,568 | €40,412 | -€4,155 | -9.3% |
| Provisions and deferred taxes | 16 | €115,728 | €112,918 | -€2,810 | -2.4% |
| Deferred taxes | 168 | €115,728 | €112,918 | -€2,810 | -2.4% |
| Amounts payable | 17/49 | €114,888 | €193,746 | +€78,858 | +68.6% |
| Amounts payable within one year | 42/48 | €114,888 | €135,416 | +€20,528 | +17.9% |
| Trade debts | 44 | €21,173 | €24,068 | +€2,895 | +13.7% |
| Suppliers | 440/4 | €21,173 | €24,068 | +€2,895 | +13.7% |
| Taxes, remuneration and social security | 45 | €30,159 | €35,400 | +€5,241 | +17.4% |
| Taxes | 450/3 | €30,159 | €35,400 | +€5,241 | +17.4% |
| Other amounts payable | 47/48 | €63,556 | €75,948 | +€12,392 | +19.5% |
| Accrued charges and deferred income | 492/3 | - | €58,330 | +€58,330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,354 | €8,267 | -€88 | -1.1% |
| Other operating charges | 640/8 | €29,513 | €9,543 | -€19,970 | -67.7% |
| Gross operating margin | 9900 | €86,629 | €16,443 | -€70,186 | -81.0% |
| Operating profit (loss) | 9901 | €48,762 | -€1,366 | -€50,128 | |
| Financial charges | 65/66B | €401 | - | -€401 | |
| Recurring financial charges | 65 | €401 | - | -€401 | |
| Profit (loss) for the period before taxes | 9903 | €48,361 | -€1,366 | -€49,727 | |
| Transfer from deferred taxes | 780 | €2,840 | €2,810 | -€30 | -1.1% |
| Income taxes | 67/77 | €16,619 | €11,056 | -€5,563 | -33.5% |
| Profit (loss) for the period | 9904 | €34,582 | -€9,612 | -€44,194 | |
| Transfer from tax-exempt reserves | 789 | €5,515 | €5,457 | -€58 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,096 | -€4,155 | -€44,252 |
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 29 October 2026 via checked.be.