De Backer: what changed
Two fiscal 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.
De Backer
Largest movements
- Tangible fixed assets -€25,561
down €25,561 (-27.7%), from €92,195 to €66,634
of which Furniture and vehicles: -€21,892
- Receivables within one year +€21,010
up €21,010 (+205.5%), from €10,223 to €31,233
of which Other amounts receivable: +€22,813
- Cash +€16,407
up €16,407 (+6.4%), from €257,278 to €273,685
mainly Depreciation (+€25,818) and Net result for the year (+€15,032)
- Reserves +€15,032
up €15,032 (+4.8%), from €314,961 to €329,993
of which Distributable reserves: +€32,079
- Other debts -€11,375
no longer reported in 2025 (was €11,375)
- Trade debts +€9,360
up €9,360 (+143.6%), from €6,518 to €15,878
- Taxes +€6,303
new in 2025: €6,303
- Gross operating margin +€3,284
up €3,284 (+7.3%), from €44,906 to €48,190
- Depreciation -€1,513
down €1,513 (-5.5%), from €27,331 to €25,818
- Other operating charges +€944
new in 2025: €944
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.
Cash bridge derived
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 | €362,021 | €372,312 | +€10,291 | +2.8% |
| Fixed assets | 21/28 | €92,195 | €66,634 | -€25,561 | -27.7% |
| Tangible fixed assets | 22/27 | €92,195 | €66,634 | -€25,561 | -27.7% |
| Land and buildings | 22 | €28,978 | €28,977 | -€1 | 0.0% |
| Plant, machinery and equipment | 23 | €7,639 | €3,971 | -€3,668 | -48.0% |
| Furniture and vehicles | 24 | €55,578 | €33,686 | -€21,892 | -39.4% |
| Current assets | 29/58 | €269,826 | €305,678 | +€35,852 | +13.3% |
| Amounts receivable within one year | 40/41 | €10,223 | €31,233 | +€21,010 | +205.5% |
| Trade receivables | 40 | €10,223 | €8,420 | -€1,803 | -17.6% |
| Other amounts receivable | 41 | - | €22,813 | +€22,813 | |
| Cash at bank and in hand | 54/58 | €257,278 | €273,685 | +€16,407 | +6.4% |
| Deferred charges and accrued income | 490/1 | €2,325 | €760 | -€1,565 | -67.3% |
| Total equity and liabilities | 10/49 | €362,021 | €372,312 | +€10,291 | +2.8% |
| Equity | 10/15 | €333,561 | €348,593 | +€15,032 | +4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €314,961 | €329,993 | +€15,032 | +4.8% |
| Non-distributable reserves | 130/1 | €17,047 | - | -€17,047 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | €15,187 | - | -€15,187 | |
| Tax-exempt reserves | 132 | €111,041 | €111,041 | -€0 | 0.0% |
| Distributable reserves | 133 | €186,873 | €218,952 | +€32,079 | +17.2% |
| Amounts payable | 17/49 | €28,460 | €23,719 | -€4,741 | -16.7% |
| Amounts payable within one year | 42/48 | €28,460 | €23,719 | -€4,741 | -16.7% |
| Trade debts | 44 | €6,518 | €15,878 | +€9,360 | +143.6% |
| Suppliers | 440/4 | €6,518 | €15,878 | +€9,360 | +143.6% |
| Taxes, remuneration and social security | 45 | €10,567 | €7,841 | -€2,726 | -25.8% |
| Taxes | 450/3 | €10,567 | €7,841 | -€2,726 | -25.8% |
| Other amounts payable | 47/48 | €11,375 | - | -€11,375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,331 | €25,818 | -€1,513 | -5.5% |
| Other operating charges | 640/8 | - | €944 | +€944 | |
| Gross operating margin | 9900 | €44,906 | €48,190 | +€3,284 | +7.3% |
| Operating profit (loss) | 9901 | €17,575 | €21,428 | +€3,853 | +21.9% |
| Financial income | 75/76B | - | €316 | +€316 | |
| Recurring financial income | 75 | - | €316 | +€316 | |
| Financial charges | 65/66B | €361 | €410 | +€49 | +13.5% |
| Recurring financial charges | 65 | €361 | €410 | +€49 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €17,214 | €21,334 | +€4,120 | +23.9% |
| Income taxes | 67/77 | - | €6,303 | +€6,303 | |
| Profit (loss) for the period | 9904 | €17,214 | €15,032 | -€2,182 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,214 | €15,032 | -€2,182 | -12.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.