DE BACKER WELDING: 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 WELDING
NACE 77.399, Renting and leasing of other machinery, equipment and tangible goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€115,460
2024 · €215,707-€100,247
Equity
€2.4m
2024 · €2.3m+€115,460
Cash
€521,916
2024 · €885,999-€364,084
Balance sheet total
€11.3m
2024 · €12.6m-€1.3m
Largest movements
Assets
- Tangible fixed assets -€1.2m
down €1.2m (-21.7%), from €5.6m to €4.4m
of which Leasing and similar rights: -€2.5m
- Cash -€364,084
down €364,084 (-41.1%), from €885,999 to €521,916
mainly Debts after one year (-€915,133) and Current portion of long-term debt (-€448,346)
- Financial fixed assets +€194,628
up €194,628 (+8.1%), from €2.4m to €2.6m
Equity and liabilities
- Debts after one year -€915,133
down €915,133 (-20.1%), from €4.6m to €3.6m
- Current portion of long-term debt -€448,346
down €448,346 (-28.5%), from €1.6m to €1.1m
- Trade debts -€261,086
down €261,086 (-24.4%), from €1.1m to €809,813
Income statement
- Depreciation -€406,607
down €406,607 (-27.9%), from €1.5m to €1.0m
- Gross operating margin -€211,620
down €211,620 (-9.6%), from €2.2m to €2.0m
- Taxes +€66,888
up €66,888 (+1,537%), from €4,352 to €71,240
- Staff costs -€49,304
down €49,304 (-13.0%), from €380,599 to €331,295
- Other operating charges +€46,550
up €46,550 (+251%), from €18,563 to €65,113
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
€215,707
Gross operating margin
-€211,620
Staff costs
+€49,304
Depreciation
+€406,607
Other operating charges
-€46,550
Other operating items
-€220,767
Financial income
-€116
Financial charges
-€10,217
Taxes
-€66,888
Result 2025
€115,460
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.0m
Investment
-€27,891
Financing
-€1.3m
Cash 2024
€885,999
From operations (derived)
+€1.0m
Net result for the year
+€115,460
Depreciation
+€1.0m
Stocks and contracts
-€74,000
Receivables within one year
-€48,296
Deferred charges and accrued income
+€22,406
Trade debts
-€261,086
Tax, wage and social debts
-€1,405
Other debts
+€108,531
Accrued charges and deferred income
+€101,666
Investment (derived)
-€27,891
Investment in fixed assets (net)
-€27,891
Financing
-€1.3m
Debts after one year
-€915,133
Current portion of long-term debt
-€448,346
Short-term financial debts
+€14,216
Cash 2025
€521,916
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,564,990 | €11,278,894 | -€1.3m | -10.2% |
| Fixed assets | 21/28 | €8,030,735 | €7,008,833 | -€1.0m | -12.7% |
| Tangible fixed assets | 22/27 | €5,615,402 | €4,398,872 | -€1.2m | -21.7% |
| Land and buildings | 22 | €201,011 | €1,504,366 | +€1.3m | +648% |
| Plant, machinery and equipment | 23 | €73,135 | €45,554 | -€27,581 | -37.7% |
| Furniture and vehicles | 24 | €24,326 | €77,548 | +€53,222 | +219% |
| Leasing and similar rights | 25 | €5,238,930 | €2,693,404 | -€2.5m | -48.6% |
| Other tangible fixed assets | 26 | €78,000 | €78,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,415,333 | €2,609,960 | +€194,628 | +8.1% |
| Current assets | 29/58 | €4,534,256 | €4,270,062 | -€264,194 | -5.8% |
| Stocks and contracts in progress | 3 | €701,000 | €775,000 | +€74,000 | +10.6% |
| Stocks | 30/36 | €651,000 | €725,000 | +€74,000 | +11.4% |
| Contracts in progress | 37 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,709,386 | €2,757,681 | +€48,296 | +1.8% |
| Trade receivables | 40 | €1,744,803 | €1,731,571 | -€13,232 | -0.8% |
| Other amounts receivable | 41 | €964,583 | €1,026,111 | +€61,528 | +6.4% |
| Cash at bank and in hand | 54/58 | €885,999 | €521,916 | -€364,084 | -41.1% |
| Deferred charges and accrued income | 490/1 | €237,870 | €215,465 | -€22,406 | -9.4% |
| Total equity and liabilities | 10/49 | €12,564,990 | €11,278,894 | -€1.3m | -10.2% |
| Equity | 10/15 | €2,332,458 | €2,447,918 | +€115,460 | +5.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €2,292,458 | €2,407,918 | +€115,460 | +5.0% |
| Distributable reserves | 133 | €2,292,458 | €2,407,918 | +€115,460 | +5.0% |
| Amounts payable | 17/49 | €10,232,532 | €8,830,976 | -€1.4m | -13.7% |
| Amounts payable after more than one year | 17 | €4,550,024 | €3,634,891 | -€915,133 | -20.1% |
| Financial debts | 170/4 | €4,550,024 | €3,634,891 | -€915,133 | -20.1% |
| Amounts payable within one year | 42/48 | €5,161,008 | €4,572,919 | -€588,090 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €1,572,798 | €1,124,452 | -€448,346 | -28.5% |
| Financial debts | 43 | €779,880 | €794,096 | +€14,216 | +1.8% |
| Credit institutions | 430/8 | €779,880 | €794,096 | +€14,216 | +1.8% |
| Trade debts | 44 | €1,070,899 | €809,813 | -€261,086 | -24.4% |
| Suppliers | 440/4 | €1,070,899 | €809,813 | -€261,086 | -24.4% |
| Taxes, remuneration and social security | 45 | €55,988 | €54,583 | -€1,405 | -2.5% |
| Taxes | 450/3 | €19,292 | €22,302 | +€3,009 | +15.6% |
| Remuneration and social security | 454/9 | €36,696 | €32,281 | -€4,414 | -12.0% |
| Other amounts payable | 47/48 | €1,681,444 | €1,789,975 | +€108,531 | +6.5% |
| Accrued charges and deferred income | 492/3 | €521,500 | €623,166 | +€101,666 | +19.5% |
| Non-recurring operating income | 76A | €123,172 | €362,760 | +€239,588 | +195% |
| Remuneration, social security and pensions | 62 | €380,599 | €331,295 | -€49,304 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,456,400 | €1,049,794 | -€406,607 | -27.9% |
| Other operating charges | 640/8 | €18,563 | €65,113 | +€46,550 | +251% |
| Non-recurring operating charges | 66A | €24,674 | €245,441 | +€220,767 | +895% |
| Gross operating margin | 9900 | €2,215,436 | €2,003,816 | -€211,620 | -9.6% |
| Operating profit (loss) | 9901 | €335,200 | €312,174 | -€23,026 | -6.9% |
| Financial income | 75/76B | €123 | €7 | -€116 | -94.6% |
| Recurring financial income | 75 | €123 | €7 | -€116 | -94.6% |
| Financial charges | 65/66B | €115,264 | €125,481 | +€10,217 | +8.9% |
| Recurring financial charges | 65 | €115,264 | €125,481 | +€10,217 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €220,059 | €186,700 | -€33,359 | -15.2% |
| Income taxes | 67/77 | €4,352 | €71,240 | +€66,888 | +1,537% |
| Profit (loss) for the period | 9904 | €215,707 | €115,460 | -€100,247 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €215,707 | €115,460 | -€100,247 | -46.5% |
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 28 October 2026 via checked.be.