BekaertDeslee: 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
BekaertDeslee
NACE 13.200, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€7.4m
2024 · -€1.4m-€6.0m
Equity
€91.2m
2024 · €98.6m-€7.4m
Cash
€4.8m
2024 · €8.2m-€3.5m
Balance sheet total
€119.4m
2024 · €127.9m-€8.5m
Largest movements
Assets
- Receivables within one year -€5.7m
down €5.7m (-9.8%), from €57.8m to €52.1m
of which Other amounts receivable: -€6.8m
- Cash -€3.5m
down €3.5m (-42.0%), from €8.2m to €4.8m
mainly Net result for the year (-€7.4m) and Trade debts (-€3.0m)
Equity and liabilities
- Profit (loss) carried forward -€7.4m
down €7.4m (-18.6%), from €39.7m to €32.3m
- Trade debts -€3.0m
down €3.0m (-13.3%), from €22.6m to €19.5m
- Short-term financial debts +€2.2m
up €2.2m (+496%), from €440,223 to €2.6m
of which Other loans: +€1.9m
Income statement
- Turnover -€7.6m
down €7.6m (-6.7%), from €113.9m to €106.3m
- Services and other goods -€3.1m
down €3.1m (-15.4%), from €20.2m to €17.1m
- Financial income -€2.1m
down €2.1m (-41.0%), from €5.2m to €3.1m
of which Financial income: -€2.2m
From the 2024 result to the 2025 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 2024
-€1.4m
Turnover
-€7.6m
Other operating income
+€39,876
Goods and materials
+€927,363
Services and other goods
+€3.1m
Staff costs
-€30,647
Depreciation
-€22,475
Write-downs
-€71,849
Provisions
+€79,279
Other operating charges
+€89,878
Other operating items
-€965,533
Financial income
-€2.1m
Financial charges
+€827,390
Taxes
+€49,797
Deferred taxes and other
-€301,122
Result 2025
-€7.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€4.3m
Investment
-€1.3m
Financing
+€2.2m
Cash 2024
€8.2m
From operations (derived)
-€4.3m
Net result for the year
-€7.4m
Depreciation
+€217,746
Stocks and contracts
+€444,742
Receivables within one year
+€5.7m
Deferred charges and accrued income
+€47,126
Provisions
-€157,436
Trade debts
-€3.0m
Tax, wage and social debts
-€35,450
Other debts
-€84,453
Accrued charges and deferred income
+€24,383
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
+€2.2m
Short-term financial debts
+€2.2m
Cash 2025
€4.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,920,331 | €119,428,420 | -€8.5m | -6.6% |
| Fixed assets | 21/28 | €54,652,169 | €55,763,542 | +€1.1m | +2.0% |
| Tangible fixed assets | 22/27 | €3,784,586 | €4,895,959 | +€1.1m | +29.4% |
| Land and buildings | 22 | €3,369,061 | €4,667,890 | +€1.3m | +38.6% |
| Plant, machinery and equipment | 23 | €5,326 | €4,776 | -€550 | -10.3% |
| Furniture and vehicles | 24 | €41,140 | €223,293 | +€182,153 | +443% |
| Assets under construction and advance payments | 27 | €369,059 | - | -€369,059 | |
| Financial fixed assets | 28 | €50,867,583 | €50,867,583 | = | 0.0% |
| Affiliated companies | 280/1 | €50,866,503 | €50,866,503 | = | 0.0% |
| Participating interests | 280 | €12,597,351 | €12,597,351 | = | 0.0% |
| Amounts receivable | 281 | €38,269,152 | €38,269,152 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,080 | €1,080 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,080 | €1,080 | = | 0.0% |
| Current assets | 29/58 | €73,268,162 | €63,664,878 | -€9.6m | -13.1% |
| Amounts receivable after more than one year | 29 | €2,934,009 | €2,934,009 | = | 0.0% |
| Other amounts receivable | 291 | €2,934,009 | €2,934,009 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,175,181 | €3,730,439 | -€444,742 | -10.7% |
| Stocks | 30/36 | €4,175,181 | €3,730,439 | -€444,742 | -10.7% |
| Raw materials and consumables | 30/31 | €30,915 | - | -€30,915 | |
| Finished goods | 33 | €4,144,266 | €3,730,439 | -€413,827 | -10.0% |
| Amounts receivable within one year | 40/41 | €57,794,741 | €52,133,548 | -€5.7m | -9.8% |
| Trade receivables | 40 | €4,673,009 | €5,840,339 | +€1.2m | +25.0% |
| Other amounts receivable | 41 | €53,121,732 | €46,293,209 | -€6.8m | -12.9% |
| Cash at bank and in hand | 54/58 | €8,208,432 | €4,758,209 | -€3.5m | -42.0% |
| Deferred charges and accrued income | 490/1 | €155,799 | €108,673 | -€47,126 | -30.2% |
| Total equity and liabilities | 10/49 | €127,920,331 | €119,428,420 | -€8.5m | -6.6% |
| Equity | 10/15 | €98,639,124 | €91,226,936 | -€7.4m | -7.5% |
| Contributions | 10/11 | €16,620,165 | €16,620,165 | = | 0.0% |
| Capital | 10 | €16,620,165 | €16,620,165 | = | 0.0% |
| Issued capital | 100 | €16,620,165 | €16,620,165 | = | 0.0% |
| Revaluation surpluses | 12 | €706,992 | €706,992 | = | 0.0% |
| Reserves | 13 | €41,584,977 | €41,578,923 | -€6,054 | 0.0% |
| Non-distributable reserves | 130/1 | €3,018,961 | €3,018,961 | = | 0.0% |
| Legal reserve | 130 | €1,662,017 | €1,662,017 | = | 0.0% |
| Other | 1319 | €1,356,944 | €1,356,944 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,566,016 | €38,559,962 | -€6,054 | 0.0% |
| Profit (loss) carried forward | 14 | €39,726,990 | €32,320,856 | -€7.4m | -18.6% |
| Provisions and deferred taxes | 16 | €615,071 | €457,635 | -€157,436 | -25.6% |
| Provisions for liabilities and charges | 160/5 | €558,159 | €402,741 | -€155,418 | -27.8% |
| Pensions and similar obligations | 160 | €209,427 | €230,451 | +€21,024 | +10.0% |
| Other liabilities and charges | 164/5 | €348,732 | €172,290 | -€176,442 | -50.6% |
| Deferred taxes | 168 | €56,912 | €54,894 | -€2,018 | -3.5% |
| Amounts payable | 17/49 | €28,666,136 | €27,743,849 | -€922,287 | -3.2% |
| Amounts payable after more than one year | 17 | €3,167,931 | €3,167,931 | = | 0.0% |
| Other amounts payable | 178/9 | €3,167,931 | €3,167,931 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,492,204 | €24,545,534 | -€946,670 | -3.7% |
| Financial debts | 43 | €440,223 | €2,621,893 | +€2.2m | +496% |
| Credit institutions | 430/8 | €440,223 | €739,168 | +€298,945 | +67.9% |
| Other loans | 439 | - | €1,882,725 | +€1.9m | |
| Trade debts | 44 | €22,554,463 | €19,546,026 | -€3.0m | -13.3% |
| Suppliers | 440/4 | €22,554,463 | €19,546,026 | -€3.0m | -13.3% |
| Taxes, remuneration and social security | 45 | €1,305,607 | €1,270,157 | -€35,450 | -2.7% |
| Taxes | 450/3 | €486,363 | €495,028 | +€8,665 | +1.8% |
| Remuneration and social security | 454/9 | €819,244 | €775,129 | -€44,115 | -5.4% |
| Other amounts payable | 47/48 | €1,191,911 | €1,107,458 | -€84,453 | -7.1% |
| Accrued charges and deferred income | 492/3 | €6,001 | €30,384 | +€24,383 | +406% |
| Operating income | 70/76A | €115,896,479 | €107,335,809 | -€8.6m | -7.4% |
| Turnover | 70 | €113,941,311 | €106,306,298 | -€7.6m | -6.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€438,682 | -€413,827 | +€24,855 | +5.7% |
| Other operating income | 74 | €1,403,312 | €1,443,188 | +€39,876 | +2.8% |
| Non-recurring operating income | 76A | €990,538 | €150 | -€990,388 | -100.0% |
| Operating charges | 60/66A | €121,256,227 | €117,173,503 | -€4.1m | -3.4% |
| Goods for resale, raw materials and consumables | 60 | €95,279,834 | €94,352,471 | -€927,363 | -1.0% |
| Purchases | 600/8 | €95,310,749 | €94,321,556 | -€989,193 | -1.0% |
| Change in stocks: decrease (increase) | 609 | -€30,915 | €30,915 | +€61,830 | |
| Services and other goods | 61 | €20,177,445 | €17,066,270 | -€3.1m | -15.4% |
| Remuneration, social security and pensions | 62 | €5,489,562 | €5,520,209 | +€30,647 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195,271 | €217,746 | +€22,475 | +11.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,295 | €77,144 | +€71,849 | +1,357% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€51,757 | -€131,036 | -€79,279 | -153% |
| Other operating charges | 640/8 | €160,577 | €70,699 | -€89,878 | -56.0% |
| Operating profit (loss) | 9901 | -€5,359,748 | -€9,837,694 | -€4.5m | -83.5% |
| Financial income | 75/76B | €5,199,979 | €3,065,582 | -€2.1m | -41.0% |
| Recurring financial income | 75 | €5,199,979 | €3,032,634 | -€2.2m | -41.7% |
| Income from current assets | 751 | €4,713,592 | €2,909,756 | -€1.8m | -38.3% |
| Other financial income | 752/9 | €486,387 | €122,878 | -€363,509 | -74.7% |
| Non-recurring financial income | 76B | - | €32,948 | +€32,948 | |
| Financial charges | 65/66B | €1,471,647 | €644,257 | -€827,390 | -56.2% |
| Recurring financial charges | 65 | €1,471,647 | €644,257 | -€827,390 | -56.2% |
| Debt charges | 650 | €966,567 | €393,225 | -€573,342 | -59.3% |
| Other financial charges | 652/9 | €505,080 | €251,032 | -€254,048 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,631,416 | -€7,416,369 | -€5.8m | -355% |
| Transfer from deferred taxes | 780 | €303,140 | €2,018 | -€301,122 | -99.3% |
| Income taxes | 67/77 | €47,634 | -€2,163 | -€49,797 | |
| Taxes | 670/3 | €47,634 | €8,616 | -€39,018 | -81.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €10,779 | +€10,779 | |
| Profit (loss) for the period | 9904 | -€1,375,910 | -€7,412,188 | -€6.0m | -439% |
| Transfer from tax-exempt reserves | 789 | €906,399 | €6,054 | -€900,345 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€469,511 | -€7,406,134 | -€6.9m | -1,477% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.