DE BACKSTEEN: 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 BACKSTEEN
Largest movements
- Cash -€360,729
down €360,729 (-43.7%), from €824,792 to €464,064
mainly Receivables after one year (-€200,000) and Receivables within one year (-€157,445)
- Receivables after one year +€200,000
new in 2025: €200,000
- Receivables within one year +€157,445
up €157,445 (+96.5%), from €163,140 to €320,585
- Tangible fixed assets -€24,554
down €24,554 (-8.9%), from €275,561 to €251,007
- Trade debts -€18,561
down €18,561 (-100%), from €18,561 to €0
- Other debts -€14,895
down €14,895 (-100%), from €14,895 to €0
- Gross operating margin -€419,441
down €419,441 (-90.8%), from €462,103 to €42,662
- Other operating charges -€20,732
down €20,732 (-87.6%), from €23,659 to €2,927
- Taxes -€17,856
down €17,856 (-79.3%), from €22,514 to €4,659
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 | €1,263,494 | €1,235,656 | -€27,838 | -2.2% |
| Fixed assets | 21/28 | €275,561 | €251,007 | -€24,554 | -8.9% |
| Tangible fixed assets | 22/27 | €275,561 | €251,007 | -€24,554 | -8.9% |
| Land and buildings | 22 | €275,561 | €251,007 | -€24,554 | -8.9% |
| Current assets | 29/58 | €987,933 | €984,649 | -€3,284 | -0.3% |
| Amounts receivable after more than one year | 29 | - | €200,000 | +€200,000 | |
| Other amounts receivable | 291 | - | €200,000 | +€200,000 | |
| Amounts receivable within one year | 40/41 | €163,140 | €320,585 | +€157,445 | +96.5% |
| Other amounts receivable | 41 | €163,140 | €320,585 | +€157,445 | +96.5% |
| Cash at bank and in hand | 54/58 | €824,792 | €464,064 | -€360,729 | -43.7% |
| Total equity and liabilities | 10/49 | €1,263,494 | €1,235,656 | -€27,838 | -2.2% |
| Equity | 10/15 | €1,098,287 | €1,108,269 | +€9,983 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €337,737 | €347,720 | +€9,983 | +3.0% |
| Tax-exempt reserves | 132 | €320,953 | €320,953 | = | 0.0% |
| Distributable reserves | 133 | €16,784 | €26,767 | +€9,983 | +59.5% |
| Profit (loss) carried forward | 14 | €741,949 | €741,949 | = | 0.0% |
| Provisions and deferred taxes | 16 | €106,984 | €106,984 | = | 0.0% |
| Deferred taxes | 168 | €106,984 | €106,984 | = | 0.0% |
| Amounts payable | 17/49 | €58,223 | €20,402 | -€37,820 | -65.0% |
| Amounts payable within one year | 42/48 | €56,723 | €20,402 | -€36,320 | -64.0% |
| Current portion of amounts payable after more than one year | 42 | €16,729 | €16,725 | -€4 | 0.0% |
| Trade debts | 44 | €18,561 | €0 | -€18,561 | -100% |
| Suppliers | 440/4 | €18,561 | €0 | -€18,561 | -100% |
| Taxes, remuneration and social security | 45 | €6,537 | €3,678 | -€2,860 | -43.7% |
| Taxes | 450/3 | €6,537 | €3,678 | -€2,860 | -43.7% |
| Other amounts payable | 47/48 | €14,895 | €0 | -€14,895 | -100% |
| Accrued charges and deferred income | 492/3 | €1,500 | €0 | -€1,500 | -100% |
| Non-recurring operating income | 76A | €427,937 | €150 | -€427,788 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,554 | €24,554 | = | 0.0% |
| Other operating charges | 640/8 | €23,659 | €2,927 | -€20,732 | -87.6% |
| Gross operating margin | 9900 | €462,103 | €42,662 | -€419,441 | -90.8% |
| Operating profit (loss) | 9901 | €413,890 | €15,181 | -€398,709 | -96.3% |
| Financial charges | 65/66B | €253 | €540 | +€286 | +113% |
| Recurring financial charges | 65 | €253 | €540 | +€286 | +113% |
| Profit (loss) for the period before taxes | 9903 | €413,637 | €14,641 | -€398,996 | -96.5% |
| Transfer to deferred taxes | 680 | €106,984 | €0 | -€106,984 | -100% |
| Income taxes | 67/77 | €22,514 | €4,659 | -€17,856 | -79.3% |
| Profit (loss) for the period | 9904 | €284,138 | €9,983 | -€274,156 | -96.5% |
| Transfer to tax-exempt reserves | 689 | €320,953 | €0 | -€320,953 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,815 | €9,983 | +€46,797 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.