DE BACKER 2003: 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 2003
Largest movements
- Cash -€57,930
down €57,930 (-67.3%), from €86,035 to €28,104
mainly Stocks and contracts (-€46,861) and Net result for the year (-€36,818)
- Stocks and contracts +€46,861
up €46,861 (+24.5%), from €191,548 to €238,409
- Receivables within one year -€44,927
down €44,927 (-31.9%), from €140,874 to €95,947
of which Trade receivables: -€49,961
- Reserves -€36,818
down €36,818 (-23.7%), from €155,213 to €118,395
- Tax, wage and social debts -€10,648
down €10,648 (-99.6%), from €10,687 to €39
- Other debts -€9,835
down €9,835 (-3.4%), from €288,084 to €278,248
- Gross operating margin -€3,891
down €3,891 (-17.0%), from -€22,915 to -€26,806
- Other operating charges -€3,446
down €3,446 (-70.3%), from €4,904 to €1,458
- Depreciation +€2,205
up €2,205 (+36.1%), from €6,117 to €8,322
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 | €480,259 | €421,682 | -€58,577 | -12.2% |
| Fixed assets | 21/28 | €61,802 | €59,222 | -€2,580 | -4.2% |
| Tangible fixed assets | 22/27 | €61,802 | €59,222 | -€2,580 | -4.2% |
| Land and buildings | 22 | €57,304 | €55,908 | -€1,396 | -2.4% |
| Plant, machinery and equipment | 23 | €675 | €693 | +€18 | +2.7% |
| Furniture and vehicles | 24 | €3,824 | €2,621 | -€1,203 | -31.5% |
| Current assets | 29/58 | €418,456 | €362,460 | -€55,997 | -13.4% |
| Stocks and contracts in progress | 3 | €191,548 | €238,409 | +€46,861 | +24.5% |
| Stocks | 30/36 | €191,548 | €238,409 | +€46,861 | +24.5% |
| Amounts receivable within one year | 40/41 | €140,874 | €95,947 | -€44,927 | -31.9% |
| Trade receivables | 40 | €127,856 | €77,895 | -€49,961 | -39.1% |
| Other amounts receivable | 41 | €13,018 | €18,052 | +€5,034 | +38.7% |
| Cash at bank and in hand | 54/58 | €86,035 | €28,104 | -€57,930 | -67.3% |
| Total equity and liabilities | 10/49 | €480,259 | €421,682 | -€58,577 | -12.2% |
| Equity | 10/15 | €180,213 | €143,395 | -€36,818 | -20.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €155,213 | €118,395 | -€36,818 | -23.7% |
| Distributable reserves | 133 | €155,213 | €118,395 | -€36,818 | -23.7% |
| Amounts payable | 17/49 | €300,045 | €278,287 | -€21,758 | -7.3% |
| Amounts payable within one year | 42/48 | €298,771 | €278,287 | -€20,484 | -6.9% |
| Taxes, remuneration and social security | 45 | €10,687 | €39 | -€10,648 | -99.6% |
| Taxes | 450/3 | €10,687 | €39 | -€10,648 | -99.6% |
| Other amounts payable | 47/48 | €288,084 | €278,248 | -€9,835 | -3.4% |
| Accrued charges and deferred income | 492/3 | €1,274 | - | -€1,274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,117 | €8,322 | +€2,205 | +36.1% |
| Other operating charges | 640/8 | €4,904 | €1,458 | -€3,446 | -70.3% |
| Gross operating margin | 9900 | -€22,915 | -€26,806 | -€3,891 | -17.0% |
| Operating profit (loss) | 9901 | -€33,936 | -€36,586 | -€2,651 | -7.8% |
| Financial income | 75/76B | €4 | €0 | -€4 | -94.5% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -94.5% |
| Financial charges | 65/66B | €215 | €232 | +€17 | +7.7% |
| Recurring financial charges | 65 | €215 | €232 | +€17 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€34,147 | -€36,818 | -€2,671 | -7.8% |
| Profit (loss) for the period | 9904 | -€34,147 | -€36,818 | -€2,671 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,147 | -€36,818 | -€2,671 | -7.8% |
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 16 October 2026 via checked.be.