DE BACKER INDY: 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 INDY
Largest movements
- Stocks and contracts +€108,870
up €108,870 (+288%), from €37,800 to €146,670
- Cash +€22,209
up €22,209 (+374%), from €5,934 to €28,143
mainly Other debts (+€142,787) and Net result for the year (+€82,008)
- Receivables within one year -€13,836
down €13,836 (-25.4%), from €54,566 to €40,730
of which Other amounts receivable: -€12,322
- Tangible fixed assets -€6,621
down €6,621 (-17.8%), from €37,240 to €30,618
of which Furniture and vehicles: -€7,997
- Deferred charges and accrued income -€3,106
down €3,106 (-29.8%), from €10,412 to €7,306
- Other debts +€142,787
up €142,787 (+6,016%), from €2,374 to €145,161
- Reserves -€80,857
no longer reported in 2025 (was €80,857)
- Debts after one year +€61,413
up €61,413 (+601%), from €10,218 to €71,631
- Trade debts -€18,226
down €18,226 (-45.6%), from €39,950 to €21,724
- Current portion of long-term debt +€5,805
up €5,805 (+121%), from €4,782 to €10,587
- Gross operating margin +€36,875
up €36,875 (+45.8%), from €80,502 to €117,377
- Taxes +€7,508
up €7,508 (+52.5%), from €14,311 to €21,819
- Depreciation +€6,544
up €6,544 (+211%), from €3,107 to €9,651
- Other operating charges -€5,416
down €5,416 (-85.4%), from €6,342 to €926
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 | €149,528 | €256,844 | +€107,316 | +71.8% |
| Fixed assets | 21/28 | €40,817 | €33,995 | -€6,821 | -16.7% |
| Intangible fixed assets | 21 | €577 | €377 | -€200 | -34.7% |
| Tangible fixed assets | 22/27 | €37,240 | €30,618 | -€6,621 | -17.8% |
| Plant, machinery and equipment | 23 | €6,437 | €7,813 | +€1,376 | +21.4% |
| Furniture and vehicles | 24 | €30,803 | €22,806 | -€7,997 | -26.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €108,712 | €222,849 | +€114,137 | +105% |
| Stocks and contracts in progress | 3 | €37,800 | €146,670 | +€108,870 | +288% |
| Stocks | 30/36 | €37,800 | €146,670 | +€108,870 | +288% |
| Amounts receivable within one year | 40/41 | €54,566 | €40,730 | -€13,836 | -25.4% |
| Trade receivables | 40 | €25,282 | €23,767 | -€1,515 | -6.0% |
| Other amounts receivable | 41 | €29,284 | €16,963 | -€12,322 | -42.1% |
| Cash at bank and in hand | 54/58 | €5,934 | €28,143 | +€22,209 | +374% |
| Deferred charges and accrued income | 490/1 | €10,412 | €7,306 | -€3,106 | -29.8% |
| Total equity and liabilities | 10/49 | €149,528 | €256,844 | +€107,316 | +71.8% |
| Equity | 10/15 | €85,857 | €5,000 | -€80,857 | -94.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €80,857 | - | -€80,857 | |
| Distributable reserves | 133 | €80,857 | - | -€80,857 | |
| Amounts payable | 17/49 | €63,671 | €251,844 | +€188,173 | +296% |
| Amounts payable after more than one year | 17 | €10,218 | €71,631 | +€61,413 | +601% |
| Financial debts | 170/4 | €10,218 | €71,631 | +€61,413 | +601% |
| Amounts payable within one year | 42/48 | €52,695 | €179,572 | +€126,877 | +241% |
| Current portion of amounts payable after more than one year | 42 | €4,782 | €10,587 | +€5,805 | +121% |
| Trade debts | 44 | €39,950 | €21,724 | -€18,226 | -45.6% |
| Suppliers | 440/4 | €39,950 | €21,724 | -€18,226 | -45.6% |
| Taxes, remuneration and social security | 45 | €5,590 | €2,100 | -€3,490 | -62.4% |
| Taxes | 450/3 | €5,590 | - | -€5,590 | |
| Remuneration and social security | 454/9 | - | €2,100 | +€2,100 | |
| Other amounts payable | 47/48 | €2,374 | €145,161 | +€142,787 | +6,016% |
| Accrued charges and deferred income | 492/3 | €759 | €641 | -€118 | -15.5% |
| Remuneration, social security and pensions | 62 | - | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,107 | €9,651 | +€6,544 | +211% |
| Other operating charges | 640/8 | €6,342 | €926 | -€5,416 | -85.4% |
| Gross operating margin | 9900 | €80,502 | €117,377 | +€36,875 | +45.8% |
| Operating profit (loss) | 9901 | €71,053 | €106,500 | +€35,447 | +49.9% |
| Financial income | 75/76B | - | €557 | +€557 | |
| Recurring financial income | 75 | - | €557 | +€557 | |
| Financial charges | 65/66B | €2,822 | €3,230 | +€408 | +14.5% |
| Recurring financial charges | 65 | €2,822 | €3,230 | +€408 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €68,231 | €103,827 | +€35,596 | +52.2% |
| Income taxes | 67/77 | €14,311 | €21,819 | +€7,508 | +52.5% |
| Profit (loss) for the period | 9904 | €53,920 | €82,008 | +€28,088 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,920 | €82,008 | +€28,088 | +52.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.