DANIEL DEDRY TOITURE: 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.
DANIEL DEDRY TOITURE
Largest movements
- Tangible fixed assets +€30,676
up €30,676 (+86.3%), from €35,551 to €66,226
of which Furniture and vehicles: +€34,046
- Receivables within one year -€5,802
down €5,802 (-36.5%), from €15,894 to €10,092
of which Trade receivables: -€4,658
- Stocks and contracts +€1,995
up €1,995 (+12.7%), from €15,672 to €17,666
- Cash -€1,470
down €1,470 (-3.5%), from €41,725 to €40,255
mainly Investment in fixed assets (net) (-€46,364) and Trade debts (-€11,768)
- Debts after one year +€27,356
up €27,356 (+481%), from €5,688 to €33,044
- Trade debts -€11,768
down €11,768 (-44.1%), from €26,662 to €14,894
- Current portion of long-term debt +€8,557
up €8,557 (+152%), from €5,624 to €14,182
- Profit (loss) carried forward +€2,022
up €2,022 (+4.2%), from €47,645 to €49,667
- Tax, wage and social debts +€1,736
up €1,736 (+32.7%), from €5,300 to €7,036
of which Remuneration and social security: +€3,175
- Staff costs +€15,793
up €15,793 (+12.7%), from €124,653 to €140,446
- Gross operating margin +€14,477
up €14,477 (+10.0%), from €145,170 to €159,647
- Depreciation +€4,127
up €4,127 (+35.7%), from €11,561 to €15,688
- Other operating charges -€4,067
down €4,067 (-64.2%), from €6,339 to €2,272
- Financial income +€2,741
up €2,741 (+6,811%), from €40 to €2,781
of which Non-recurring financial income: +€1,863
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 | €114,581 | €141,006 | +€26,425 | +23.1% |
| Fixed assets | 21/28 | €35,551 | €66,226 | +€30,676 | +86.3% |
| Tangible fixed assets | 22/27 | €35,551 | €66,226 | +€30,676 | +86.3% |
| Land and buildings | 22 | €13,712 | €12,125 | -€1,587 | -11.6% |
| Plant, machinery and equipment | 23 | €6,597 | €4,813 | -€1,784 | -27.0% |
| Furniture and vehicles | 24 | €15,242 | €49,288 | +€34,046 | +223% |
| Current assets | 29/58 | €79,030 | €74,780 | -€4,251 | -5.4% |
| Stocks and contracts in progress | 3 | €15,672 | €17,666 | +€1,995 | +12.7% |
| Contracts in progress | 37 | €15,672 | €17,666 | +€1,995 | +12.7% |
| Amounts receivable within one year | 40/41 | €15,894 | €10,092 | -€5,802 | -36.5% |
| Trade receivables | 40 | €12,331 | €7,672 | -€4,658 | -37.8% |
| Other amounts receivable | 41 | €3,563 | €2,419 | -€1,143 | -32.1% |
| Cash at bank and in hand | 54/58 | €41,725 | €40,255 | -€1,470 | -3.5% |
| Deferred charges and accrued income | 490/1 | €5,740 | €6,767 | +€1,027 | +17.9% |
| Total equity and liabilities | 10/49 | €114,581 | €141,006 | +€26,425 | +23.1% |
| Equity | 10/15 | €68,545 | €70,567 | +€2,022 | +2.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,645 | €49,667 | +€2,022 | +4.2% |
| Amounts payable | 17/49 | €46,036 | €70,439 | +€24,403 | +53.0% |
| Amounts payable after more than one year | 17 | €5,688 | €33,044 | +€27,356 | +481% |
| Financial debts | 170/4 | €5,688 | €33,044 | +€27,356 | +481% |
| Amounts payable within one year | 42/48 | €40,349 | €37,396 | -€2,953 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €5,624 | €14,182 | +€8,557 | +152% |
| Trade debts | 44 | €26,662 | €14,894 | -€11,768 | -44.1% |
| Suppliers | 440/4 | €26,662 | €14,894 | -€11,768 | -44.1% |
| Taxes, remuneration and social security | 45 | €5,300 | €7,036 | +€1,736 | +32.7% |
| Taxes | 450/3 | €1,912 | €472 | -€1,439 | -75.3% |
| Remuneration and social security | 454/9 | €3,389 | €6,564 | +€3,175 | +93.7% |
| Other amounts payable | 47/48 | €2,762 | €1,284 | -€1,478 | -53.5% |
| Non-recurring operating income | 76A | €2,526 | - | -€2,526 | |
| Remuneration, social security and pensions | 62 | €124,653 | €140,446 | +€15,793 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,561 | €15,688 | +€4,127 | +35.7% |
| Other operating charges | 640/8 | €6,339 | €2,272 | -€4,067 | -64.2% |
| Gross operating margin | 9900 | €145,170 | €159,647 | +€14,477 | +10.0% |
| Operating profit (loss) | 9901 | €2,617 | €1,240 | -€1,377 | -52.6% |
| Financial income | 75/76B | €40 | €2,781 | +€2,741 | +6,811% |
| Recurring financial income | 75 | €40 | €918 | +€878 | +2,181% |
| Non-recurring financial income | 76B | - | €1,863 | +€1,863 | |
| Financial charges | 65/66B | €1,523 | €2,000 | +€477 | +31.4% |
| Recurring financial charges | 65 | €1,523 | €2,000 | +€477 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €1,135 | €2,022 | +€887 | +78.2% |
| Profit (loss) for the period | 9904 | €1,135 | €2,022 | +€887 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,135 | €2,022 | +€887 | +78.2% |
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 29 October 2026 via checked.be.