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
- Cash +€7,288
up €7,288 (+48.8%), from €14,946 to €22,233
mainly Other debts (+€4,634) and Investment in fixed assets (net) (+€3,941)
- Tangible fixed assets -€5,660
down €5,660 (-78.4%), from €7,217 to €1,557
of which Leasing and similar rights: -€4,169
- Receivables within one year -€2,026
down €2,026 (-5.2%), from €38,623 to €36,596
of which Trade receivables: -€2,084
- Stocks and contracts -€1,691
down €1,691 (-60.4%), from €2,799 to €1,108
- Other debts +€4,634
up €4,634 (+11.2%), from €41,361 to €45,995
- Current portion of long-term debt -€3,889
down €3,889 (-100.0%), from €3,889 to €0
- Profit (loss) carried forward -€2,480
down €2,480 (-32.9%), from -€7,546 to -€10,026
- Gross operating margin +€6,442
up €6,442, from -€5,407 to €1,035
- Depreciation -€4,869
down €4,869 (-72.4%), from €6,722 to €1,853
- Financial charges +€704
up €704 (+299.0%), from €235 to €939
- Other operating charges -€101
down €101 (-11.5%), from €875 to €775
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 | €64,153 | €62,178 | -€1,975 | -3.1% |
| Fixed assets | 21/28 | €7,352 | €1,557 | -€5,795 | -78.8% |
| Tangible fixed assets | 22/27 | €7,217 | €1,557 | -€5,660 | -78.4% |
| Plant, machinery and equipment | 23 | €1,892 | €1,557 | -€335 | -17.7% |
| Furniture and vehicles | 24 | €1,156 | €0 | -€1,156 | -100.0% |
| Leasing and similar rights | 25 | €4,169 | €0 | -€4,169 | -100.0% |
| Financial fixed assets | 28 | €135 | €0 | -€135 | -100.0% |
| Current assets | 29/58 | €56,801 | €60,621 | +€3,820 | +6.7% |
| Stocks and contracts in progress | 3 | €2,799 | €1,108 | -€1,691 | -60.4% |
| Stocks | 30/36 | €2,799 | €1,108 | -€1,691 | -60.4% |
| Amounts receivable within one year | 40/41 | €38,623 | €36,596 | -€2,026 | -5.2% |
| Trade receivables | 40 | €36,401 | €34,318 | -€2,084 | -5.7% |
| Other amounts receivable | 41 | €2,221 | €2,278 | +€57 | +2.6% |
| Cash at bank and in hand | 54/58 | €14,946 | €22,233 | +€7,288 | +48.8% |
| Deferred charges and accrued income | 490/1 | €434 | €683 | +€249 | +57.4% |
| Total equity and liabilities | 10/49 | €64,153 | €62,178 | -€1,975 | -3.1% |
| Equity | 10/15 | €17,510 | €15,029 | -€2,480 | -14.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,464 | €6,464 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €4,605 | €4,605 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,546 | -€10,026 | -€2,480 | -32.9% |
| Amounts payable | 17/49 | €46,643 | €47,148 | +€505 | +1.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €46,643 | €47,148 | +€505 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €3,889 | €0 | -€3,889 | -100.0% |
| Trade debts | 44 | €1,392 | €1,153 | -€239 | -17.2% |
| Suppliers | 440/4 | €1,392 | €1,153 | -€239 | -17.2% |
| Other amounts payable | 47/48 | €41,361 | €45,995 | +€4,634 | +11.2% |
| Non-recurring operating income | 76A | - | €12,496 | +€12,496 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,722 | €1,853 | -€4,869 | -72.4% |
| Other operating charges | 640/8 | €875 | €775 | -€101 | -11.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€5,407 | €1,035 | +€6,442 | |
| Operating profit (loss) | 9901 | -€13,005 | -€1,593 | +€11,412 | +87.8% |
| Financial income | 75/76B | €52 | €52 | -€1 | -1.5% |
| Recurring financial income | 75 | €52 | €52 | -€1 | -1.5% |
| Financial charges | 65/66B | €235 | €939 | +€704 | +299.0% |
| Recurring financial charges | 65 | €235 | €939 | +€704 | +299.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,188 | -€2,480 | +€10,708 | +81.2% |
| Profit (loss) for the period | 9904 | -€13,188 | -€2,480 | +€10,708 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,188 | -€2,480 | +€10,708 | +81.2% |
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 3 October 2026 via checked.be.