DE BACKER: 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
DE BACKER
NACE 01.610, Support activities for crop production
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€88,736
2024 · €158,179-€69,443
Equity
€1.6m
2024 · €1.6m-€27,248
Cash
€163,785
2024 · €495,404-€331,619
Balance sheet total
€5.0m
2024 · €5.1m-€43,956
Largest movements
Assets
- Cash -€331,619
down €331,619 (-66.9%), from €495,404 to €163,785
mainly Investment in fixed assets (net) (-€604,747) and Trade debts (-€193,364)
- Tangible fixed assets +€166,861
up €166,861 (+4.6%), from €3.6m to €3.8m
of which Land and buildings: +€111,846
- Deferred charges and accrued income +€53,303
up €53,303 (+762.3%), from €6,992 to €60,295
Equity and liabilities
- Current portion of long-term debt +€228,104
up €228,104 (+55.6%), from €409,911 to €638,015
- Trade debts -€193,364
down €193,364 (-65.4%), from €295,766 to €102,402
Income statement
- Staff costs +€62,700
up €62,700 (+29.7%), from €211,005 to €273,705
- Gross operating margin +€53,149
up €53,149 (+6.2%), from €860,180 to €913,328
- Depreciation +€34,867
up €34,867 (+8.7%), from €403,019 to €437,886
- Financial charges +€26,193
up €26,193 (+39.9%), from €65,584 to €91,777
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
€158,179
Gross operating margin
+€53,149
Staff costs
-€62,700
Depreciation
-€34,867
Other operating charges
+€525
Financial income
-€3,152
Financial charges
-€26,193
Taxes
+€3,796
Result 2025
€88,736
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.
From operations
+€217,465
Investment
-€642,552
Financing
+€93,469
Cash 2024
€495,404
From operations (derived)
+€217,465
Net result for the year
+€88,736
Depreciation
+€437,886
Smaller working-capital items
-€1,198
Receivables within one year
-€28,904
Deferred charges and accrued income
-€53,303
Provisions
-€10,875
Trade debts
-€193,364
Tax, wage and social debts
-€21,513
Investment (derived)
-€642,552
Investment in fixed assets (net)
-€604,747
Current investments
-€37,805
Financing
+€93,469
Debts after one year
-€18,651
Current portion of long-term debt
+€228,104
Contributions, distributions and other
-€115,984
Cash 2025
€163,785
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,054,729 | €5,010,773 | -€43,956 | -0.9% |
| Fixed assets | 21/28 | €3,633,460 | €3,800,321 | +€166,861 | +4.6% |
| Tangible fixed assets | 22/27 | €3,631,265 | €3,798,126 | +€166,861 | +4.6% |
| Land and buildings | 22 | €1,847,146 | €1,958,992 | +€111,846 | +6.1% |
| Plant, machinery and equipment | 23 | €1,754,897 | €1,771,414 | +€16,517 | +0.9% |
| Furniture and vehicles | 24 | €29,222 | €67,720 | +€38,498 | +131.7% |
| Financial fixed assets | 28 | €2,194 | €2,194 | = | 0.0% |
| Current assets | 29/58 | €1,421,269 | €1,210,452 | -€210,817 | -14.8% |
| Stocks and contracts in progress | 3 | €2,150 | €2,940 | +€790 | +36.7% |
| Stocks | 30/36 | €2,150 | €2,940 | +€790 | +36.7% |
| Amounts receivable within one year | 40/41 | €662,790 | €691,693 | +€28,904 | +4.4% |
| Trade receivables | 40 | €613,991 | €690,502 | +€76,511 | +12.5% |
| Other amounts receivable | 41 | €48,799 | €1,192 | -€47,607 | -97.6% |
| Current investments | 50/53 | €253,933 | €291,738 | +€37,805 | +14.9% |
| Cash at bank and in hand | 54/58 | €495,404 | €163,785 | -€331,619 | -66.9% |
| Deferred charges and accrued income | 490/1 | €6,992 | €60,295 | +€53,303 | +762.3% |
| Total equity and liabilities | 10/49 | €5,054,729 | €5,010,773 | -€43,956 | -0.9% |
| Equity | 10/15 | €1,583,802 | €1,556,554 | -€27,248 | -1.7% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €1,183,802 | €1,156,554 | -€27,248 | -2.3% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40,000 | €40,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €227,694 | €195,069 | -€32,625 | -14.3% |
| Distributable reserves | 133 | €916,108 | €921,485 | +€5,377 | +0.6% |
| Provisions and deferred taxes | 16 | €75,898 | €65,023 | -€10,875 | -14.3% |
| Deferred taxes | 168 | €75,898 | €65,023 | -€10,875 | -14.3% |
| Amounts payable | 17/49 | €3,395,029 | €3,389,196 | -€5,833 | -0.2% |
| Amounts payable after more than one year | 17 | €2,476,700 | €2,458,050 | -€18,651 | -0.8% |
| Financial debts | 170/4 | €2,476,700 | €2,458,050 | -€18,651 | -0.8% |
| Amounts payable within one year | 42/48 | €918,329 | €931,146 | +€12,817 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €409,911 | €638,015 | +€228,104 | +55.6% |
| Trade debts | 44 | €295,766 | €102,402 | -€193,364 | -65.4% |
| Suppliers | 440/4 | €295,766 | €102,402 | -€193,364 | -65.4% |
| Taxes, remuneration and social security | 45 | €94,800 | €73,287 | -€21,513 | -22.7% |
| Taxes | 450/3 | €83,206 | €46,956 | -€36,250 | -43.6% |
| Remuneration and social security | 454/9 | €11,594 | €26,331 | +€14,737 | +127.1% |
| Other amounts payable | 47/48 | €117,851 | €117,443 | -€408 | -0.3% |
| Non-recurring operating income | 76A | - | €585 | +€585 | |
| Remuneration, social security and pensions | 62 | €211,005 | €273,705 | +€62,700 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €403,019 | €437,886 | +€34,867 | +8.7% |
| Other operating charges | 640/8 | €6,506 | €5,981 | -€525 | -8.1% |
| Gross operating margin | 9900 | €860,180 | €913,328 | +€53,149 | +6.2% |
| Operating profit (loss) | 9901 | €239,650 | €195,756 | -€43,894 | -18.3% |
| Financial income | 75/76B | €5,780 | €2,628 | -€3,152 | -54.5% |
| Recurring financial income | 75 | €5,780 | €2,628 | -€3,152 | -54.5% |
| Financial charges | 65/66B | €65,584 | €91,777 | +€26,193 | +39.9% |
| Recurring financial charges | 65 | €65,584 | €91,777 | +€26,193 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €179,846 | €106,607 | -€73,239 | -40.7% |
| Transfer from deferred taxes | 780 | €10,875 | €10,875 | = | 0.0% |
| Income taxes | 67/77 | €32,542 | €28,746 | -€3,796 | -11.7% |
| Profit (loss) for the period | 9904 | €158,179 | €88,736 | -€69,443 | -43.9% |
| Transfer from tax-exempt reserves | 789 | €32,625 | €32,625 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €190,804 | €121,361 | -€69,443 | -36.4% |
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 12 October 2026 via checked.be.