de BACKERE: 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 BACKERE
Largest movements
- Tangible fixed assets +€633,371
up €633,371 (+8.2%), from €7.7m to €8.3m
of which Land and buildings: +€2.2m
- Other debts +€451,210
up €451,210 (+134%), from €336,605 to €787,816
- Trade debts +€176,077
up €176,077 (+1,073%), from €16,410 to €192,487
- Depreciation +€41,046
up €41,046 (+32.2%), from €127,465 to €168,511
- Gross operating margin +€34,987
up €34,987 (+28.1%), from €124,527 to €159,514
- Other operating charges +€4,274
up €4,274 (+27.2%), from €15,709 to €19,983
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 | €7,780,817 | €8,337,096 | +€556,280 | +7.1% |
| Fixed assets | 21/28 | €7,702,800 | €8,336,171 | +€633,371 | +8.2% |
| Tangible fixed assets | 22/27 | €7,702,800 | €8,336,171 | +€633,371 | +8.2% |
| Land and buildings | 22 | €4,821,682 | €7,024,086 | +€2.2m | +45.7% |
| Assets under construction and advance payments | 27 | €2,881,118 | €1,312,085 | -€1.6m | -54.5% |
| Current assets | 29/58 | €78,016 | €925 | -€77,091 | -98.8% |
| Cash at bank and in hand | 54/58 | €78,016 | €925 | -€77,091 | -98.8% |
| Total equity and liabilities | 10/49 | €7,780,817 | €8,337,096 | +€556,280 | +7.1% |
| Equity | 10/15 | €3,922,182 | €3,858,485 | -€63,697 | -1.6% |
| Contributions | 10/11 | €3,716,683 | €3,716,683 | = | 0.0% |
| Capital | 10 | €3,716,683 | €3,716,683 | = | 0.0% |
| Issued capital | 100 | €3,716,683 | €3,716,683 | = | 0.0% |
| Reserves | 13 | €638,591 | €618,159 | -€20,432 | -3.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €559,858 | €539,426 | -€20,432 | -3.6% |
| Distributable reserves | 133 | €72,533 | €72,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€433,092 | -€476,357 | -€43,265 | -10.0% |
| Provisions and deferred taxes | 16 | €186,619 | €179,809 | -€6,811 | -3.6% |
| Deferred taxes | 168 | €186,619 | €179,809 | -€6,811 | -3.6% |
| Amounts payable | 17/49 | €3,672,015 | €4,298,803 | +€626,788 | +17.1% |
| Amounts payable after more than one year | 17 | €3,318,500 | €3,318,500 | = | 0.0% |
| Financial debts | 170/4 | - | €3,318,500 | +€3.3m | |
| Other amounts payable | 178/9 | €3,318,500 | - | -€3.3m | |
| Amounts payable within one year | 42/48 | €353,015 | €980,303 | +€627,288 | +178% |
| Trade debts | 44 | €16,410 | €192,487 | +€176,077 | +1,073% |
| Suppliers | 440/4 | €16,410 | €192,487 | +€176,077 | +1,073% |
| Other amounts payable | 47/48 | €336,605 | €787,816 | +€451,210 | +134% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,465 | €168,511 | +€41,046 | +32.2% |
| Other operating charges | 640/8 | €15,709 | €19,983 | +€4,274 | +27.2% |
| Gross operating margin | 9900 | €124,527 | €159,514 | +€34,987 | +28.1% |
| Operating profit (loss) | 9901 | -€18,646 | -€28,980 | -€10,333 | -55.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €41,484 | €41,528 | +€44 | +0.1% |
| Recurring financial charges | 65 | €41,484 | €41,528 | +€44 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€60,131 | -€70,508 | -€10,378 | -17.3% |
| Transfer from deferred taxes | 780 | €6,811 | €6,811 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€53,320 | -€63,697 | -€10,378 | -19.5% |
| Transfer from tax-exempt reserves | 789 | €20,432 | €20,432 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,888 | -€43,265 | -€10,378 | -31.6% |
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.