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.
De Backer
Largest movements
- Tangible fixed assets -€12,440
down €12,440 (-4.5%), from €279,298 to €266,859
of which Land and buildings: -€12,440
- Reserves -€8,492
down €8,492 (-4.0%), from €214,280 to €205,788
of which Tax-exempt reserves: -€8,492
- Provisions -€4,375
down €4,375 (-8.3%), from €52,498 to €48,124
- Gross operating margin +€1,526
up €1,526 (+30.0%), from €5,083 to €6,610
- Other operating charges +€602
up €602 (+34.1%), from €1,765 to €2,368
- Staff costs -€387
no longer reported in 2025 (was €387)
- Financial charges -€67
down €67 (-97.9%), from €68 to €1
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 | €286,253 | €274,018 | -€12,236 | -4.3% |
| Fixed assets | 21/28 | €279,298 | €266,859 | -€12,440 | -4.5% |
| Tangible fixed assets | 22/27 | €279,298 | €266,859 | -€12,440 | -4.5% |
| Land and buildings | 22 | €279,298 | €266,859 | -€12,440 | -4.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €6,955 | €7,159 | +€204 | +2.9% |
| Cash at bank and in hand | 54/58 | €6,955 | €7,159 | +€204 | +2.9% |
| Total equity and liabilities | 10/49 | €286,253 | €274,018 | -€12,236 | -4.3% |
| Equity | 10/15 | €227,718 | €217,606 | -€10,112 | -4.4% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €214,280 | €205,788 | -€8,492 | -4.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €101,909 | €93,416 | -€8,492 | -8.3% |
| Distributable reserves | 133 | €109,273 | €109,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,562 | -€52,182 | -€1,619 | -3.2% |
| Provisions and deferred taxes | 16 | €52,498 | €48,124 | -€4,375 | -8.3% |
| Deferred taxes | 168 | €52,498 | €48,124 | -€4,375 | -8.3% |
| Amounts payable | 17/49 | €6,037 | €8,288 | +€2,251 | +37.3% |
| Amounts payable within one year | 42/48 | €6,037 | €8,288 | +€2,251 | +37.3% |
| Trade debts | 44 | €541 | €143 | -€398 | -73.6% |
| Suppliers | 440/4 | €541 | €143 | -€398 | -73.6% |
| Other amounts payable | 47/48 | €5,496 | €8,145 | +€2,649 | +48.2% |
| Remuneration, social security and pensions | 62 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,727 | €18,727 | = | 0.0% |
| Other operating charges | 640/8 | €1,765 | €2,368 | +€602 | +34.1% |
| Gross operating margin | 9900 | €5,083 | €6,610 | +€1,526 | +30.0% |
| Operating profit (loss) | 9901 | -€15,797 | -€14,485 | +€1,311 | +8.3% |
| Financial charges | 65/66B | €68 | €1 | -€67 | -97.9% |
| Recurring financial charges | 65 | €68 | €1 | -€67 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,865 | -€14,487 | +€1,378 | +8.7% |
| Transfer from deferred taxes | 780 | - | €4,375 | +€4,375 | |
| Profit (loss) for the period | 9904 | -€15,865 | -€10,112 | +€5,753 | +36.3% |
| Transfer from tax-exempt reserves | 789 | €12,867 | €8,492 | -€4,375 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,997 | -€1,619 | +€1,378 | +46.0% |
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 9 October 2026 via checked.be.