D'YZERPASSERELLE: 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.
D'YZERPASSERELLE
Largest movements
- Cash +€188,705
up €188,705 (+108%), from €174,904 to €363,609
mainly Depreciation (+€266,870) and Debts after one year (+€160,019)
- Tangible fixed assets -€106,911
down €106,911 (-3.7%), from €2.9m to €2.8m
of which Land and buildings: -€115,866
- Stocks and contracts -€55,560
down €55,560 (-6.7%), from €833,472 to €777,911
- Trade debts -€234,906
down €234,906 (-51.0%), from €460,686 to €225,780
- Debts after one year +€160,019
up €160,019 (+13.1%), from €1.2m to €1.4m
of which Financial debts: +€160,019
- Reserves +€153,489
up €153,489 (+13.9%), from €1.1m to €1.3m
- Tax, wage and social debts -€53,302
down €53,302 (-72.6%), from €73,450 to €20,148
of which Taxes: -€55,809
- Gross operating margin -€84,091
down €84,091 (-11.8%), from €713,161 to €629,070
- Depreciation +€60,153
up €60,153 (+29.1%), from €206,717 to €266,870
- Taxes -€48,235
down €48,235 (-44.9%), from €107,413 to €59,178
- Write-downs +€39,000
new in 2025: €39,000
- Staff costs +€12,808
up €12,808 (+65.5%), from €19,562 to €32,370
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,057,563 | €4,056,798 | -€765 | 0.0% |
| Fixed assets | 21/28 | €2,928,666 | €2,821,755 | -€106,911 | -3.7% |
| Tangible fixed assets | 22/27 | €2,916,137 | €2,809,226 | -€106,911 | -3.7% |
| Land and buildings | 22 | €1,877,706 | €1,761,841 | -€115,866 | -6.2% |
| Plant, machinery and equipment | 23 | €982,806 | €1,008,956 | +€26,150 | +2.7% |
| Furniture and vehicles | 24 | €55,625 | €38,430 | -€17,195 | -30.9% |
| Financial fixed assets | 28 | €12,529 | €12,529 | = | 0.0% |
| Current assets | 29/58 | €1,128,897 | €1,235,042 | +€106,146 | +9.4% |
| Stocks and contracts in progress | 3 | €833,472 | €777,911 | -€55,560 | -6.7% |
| Stocks | 30/36 | €833,472 | €777,911 | -€55,560 | -6.7% |
| Amounts receivable within one year | 40/41 | €109,405 | €84,200 | -€25,205 | -23.0% |
| Trade receivables | 40 | €20,497 | €14,014 | -€6,483 | -31.6% |
| Other amounts receivable | 41 | €88,908 | €70,187 | -€18,722 | -21.1% |
| Cash at bank and in hand | 54/58 | €174,904 | €363,609 | +€188,705 | +108% |
| Deferred charges and accrued income | 490/1 | €11,116 | €9,321 | -€1,795 | -16.1% |
| Total equity and liabilities | 10/49 | €4,057,563 | €4,056,798 | -€765 | 0.0% |
| Equity | 10/15 | €2,048,118 | €2,204,409 | +€156,290 | +7.6% |
| Contributions | 10/11 | €933,600 | €933,600 | = | 0.0% |
| Revaluation surpluses | 12 | €10,468 | €6,978 | -€3,489 | -33.3% |
| Reserves | 13 | €1,101,966 | €1,255,455 | +€153,489 | +13.9% |
| Distributable reserves | 133 | €1,101,966 | €1,255,455 | +€153,489 | +13.9% |
| Profit (loss) carried forward | 14 | €2,085 | €8,375 | +€6,290 | +302% |
| Amounts payable | 17/49 | €2,009,445 | €1,852,389 | -€157,055 | -7.8% |
| Amounts payable after more than one year | 17 | €1,218,681 | €1,378,699 | +€160,019 | +13.1% |
| Financial debts | 170/4 | €1,175,251 | €1,335,269 | +€160,019 | +13.6% |
| Other amounts payable | 178/9 | €43,430 | €43,430 | = | 0.0% |
| Amounts payable within one year | 42/48 | €789,873 | €468,897 | -€320,976 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €247,449 | €214,682 | -€32,767 | -13.2% |
| Trade debts | 44 | €460,686 | €225,780 | -€234,906 | -51.0% |
| Suppliers | 440/4 | €460,686 | €225,780 | -€234,906 | -51.0% |
| Taxes, remuneration and social security | 45 | €73,450 | €20,148 | -€53,302 | -72.6% |
| Taxes | 450/3 | €72,127 | €16,318 | -€55,809 | -77.4% |
| Remuneration and social security | 454/9 | €1,324 | €3,830 | +€2,506 | +189% |
| Other amounts payable | 47/48 | €8,288 | €8,288 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €891 | €4,792 | +€3,902 | +438% |
| Remuneration, social security and pensions | 62 | €19,562 | €32,370 | +€12,808 | +65.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,717 | €266,870 | +€60,153 | +29.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €39,000 | +€39,000 | |
| Other operating charges | 640/8 | €26,554 | €24,215 | -€2,340 | -8.8% |
| Gross operating margin | 9900 | €713,161 | €629,070 | -€84,091 | -11.8% |
| Operating profit (loss) | 9901 | €460,328 | €266,615 | -€193,712 | -42.1% |
| Financial income | 75/76B | €1,279 | €1,275 | -€4 | -0.3% |
| Recurring financial income | 75 | €1,279 | €1,275 | -€4 | -0.3% |
| Financial charges | 65/66B | €48,710 | €52,422 | +€3,712 | +7.6% |
| Recurring financial charges | 65 | €48,710 | €52,422 | +€3,712 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €412,897 | €215,468 | -€197,429 | -47.8% |
| Income taxes | 67/77 | €107,413 | €59,178 | -€48,235 | -44.9% |
| Profit (loss) for the period | 9904 | €305,484 | €156,290 | -€149,194 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €305,484 | €156,290 | -€149,194 | -48.8% |
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 23 October 2026 via checked.be.