DES: what changed
DES
Largest movements
- Cash -€3,344
down €3,344 (-96.3%), from €3,471 to €127
mainly Other debts (-€4,057) and Net result for the year (-€1,099)
- Tangible fixed assets -€912
no longer reported in 2024 (was €912)
- Receivables within one year -€902
no longer reported in 2024 (was €902)
of which Trade receivables: -€454
- Other debts -€4,057
no longer reported in 2024 (was €4,057)
- Profit (loss) carried forward -€1,099
down €1,099 (-482%), from -€228 to -€1,327
- Trade debts -€80
no longer reported in 2024 (was €80)
- Tax, wage and social debts +€78
new in 2024: €78
- Gross operating margin -€2,832
down €2,832, from €2,235 to -€597
- Depreciation -€1,435
no longer reported in 2024 (was €1,435)
- Financial charges -€236
down €236 (-67.3%), from €350 to €114
- Other operating charges -€146
down €146 (-27.3%), from €533 to €387
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,909 | €751 | -€5,158 | -87.3% |
| Formation expenses | 20 | €624 | €624 | -€0 | 0.0% |
| Fixed assets | 21/28 | €912 | - | -€912 | |
| Tangible fixed assets | 22/27 | €912 | - | -€912 | |
| Furniture and vehicles | 24 | €912 | - | -€912 | |
| Current assets | 29/58 | €4,373 | €127 | -€4,246 | -97.1% |
| Amounts receivable within one year | 40/41 | €902 | - | -€902 | |
| Trade receivables | 40 | €454 | - | -€454 | |
| Other amounts receivable | 41 | €448 | - | -€448 | |
| Cash at bank and in hand | 54/58 | €3,471 | €127 | -€3,344 | -96.3% |
| Total equity and liabilities | 10/49 | €5,909 | €751 | -€5,158 | -87.3% |
| Equity | 10/15 | €1,772 | €673 | -€1,099 | -62.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228 | -€1,327 | -€1,099 | -482% |
| Amounts payable | 17/49 | €4,137 | €78 | -€4,059 | -98.1% |
| Amounts payable within one year | 42/48 | €4,137 | €78 | -€4,059 | -98.1% |
| Trade debts | 44 | €80 | - | -€80 | |
| Suppliers | 440/4 | €80 | - | -€80 | |
| Taxes, remuneration and social security | 45 | - | €78 | +€78 | |
| Taxes | 450/3 | - | €78 | +€78 | |
| Other amounts payable | 47/48 | €4,057 | - | -€4,057 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,435 | - | -€1,435 | |
| Other operating charges | 640/8 | €533 | €387 | -€146 | -27.3% |
| Gross operating margin | 9900 | €2,235 | -€597 | -€2,832 | |
| Operating profit (loss) | 9901 | €267 | -€985 | -€1,252 | |
| Financial charges | 65/66B | €350 | €114 | -€236 | -67.3% |
| Recurring financial charges | 65 | €350 | €114 | -€236 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | -€83 | -€1,099 | -€1,016 | -1,224% |
| Income taxes | 67/77 | €11 | - | -€11 | |
| Profit (loss) for the period | 9904 | -€94 | -€1,099 | -€1,005 | -1,069% |
| Profit (loss) for the period to be appropriated | 9905 | -€94 | -€1,099 | -€1,005 | -1,069% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.