DE BAUTER: 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 BAUTER
Largest movements
- Current investments -€45,000
down €45,000 (-45.0%), from €100,000 to €55,000
- Cash +€36,992
up €36,992 (+106%), from €34,968 to €71,960
mainly Net result for the year (+€57,905) and Current investments (+€45,000)
- Receivables within one year -€23,014
down €23,014 (-53.1%), from €43,315 to €20,300
of which Other amounts receivable: -€23,471
- Current portion of long-term debt -€22,232
down €22,232 (-100%), from €22,232 to €0
- Other debts -€17,970
down €17,970 (-20.3%), from €88,363 to €70,393
- Gross operating margin -€2,587
down €2,587 (-2.8%), from €92,009 to €89,423
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 | €525,418 | €491,568 | -€33,850 | -6.4% |
| Fixed assets | 21/28 | €344,801 | €344,209 | -€593 | -0.2% |
| Tangible fixed assets | 22/27 | €1,315 | €722 | -€593 | -45.1% |
| Furniture and vehicles | 24 | €704 | €417 | -€287 | -40.8% |
| Other tangible fixed assets | 26 | €611 | €306 | -€306 | -50.0% |
| Financial fixed assets | 28 | €343,486 | €343,486 | = | 0.0% |
| Current assets | 29/58 | €180,617 | €147,359 | -€33,258 | -18.4% |
| Amounts receivable within one year | 40/41 | €43,315 | €20,300 | -€23,014 | -53.1% |
| Trade receivables | 40 | €19,844 | €20,300 | +€457 | +2.3% |
| Other amounts receivable | 41 | €23,471 | €0 | -€23,471 | -100% |
| Current investments | 50/53 | €100,000 | €55,000 | -€45,000 | -45.0% |
| Cash at bank and in hand | 54/58 | €34,968 | €71,960 | +€36,992 | +106% |
| Deferred charges and accrued income | 490/1 | €2,335 | €99 | -€2,235 | -95.7% |
| Total equity and liabilities | 10/49 | €525,418 | €491,568 | -€33,850 | -6.4% |
| Equity | 10/15 | €400,675 | €405,344 | +€4,668 | +1.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €380,215 | €384,884 | +€4,668 | +1.2% |
| Distributable reserves | 133 | €380,215 | €384,884 | +€4,668 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €124,743 | €86,224 | -€38,519 | -30.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €124,743 | €85,992 | -€38,750 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €22,232 | €0 | -€22,232 | -100% |
| Trade debts | 44 | €1,522 | €6,124 | +€4,601 | +302% |
| Suppliers | 440/4 | €1,522 | €6,124 | +€4,601 | +302% |
| Taxes, remuneration and social security | 45 | €12,625 | €9,476 | -€3,149 | -24.9% |
| Taxes | 450/3 | €12,625 | €9,476 | -€3,149 | -24.9% |
| Other amounts payable | 47/48 | €88,363 | €70,393 | -€17,970 | -20.3% |
| Accrued charges and deferred income | 492/3 | - | €232 | +€232 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593 | €593 | = | 0.0% |
| Other operating charges | 640/8 | €640 | €727 | +€86 | +13.4% |
| Gross operating margin | 9900 | €92,009 | €89,423 | -€2,587 | -2.8% |
| Operating profit (loss) | 9901 | €90,776 | €88,103 | -€2,673 | -2.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,178 | €1,115 | -€63 | -5.4% |
| Recurring financial charges | 65 | €1,178 | €1,115 | -€63 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €89,598 | €86,989 | -€2,609 | -2.9% |
| Income taxes | 67/77 | €29,720 | €29,084 | -€635 | -2.1% |
| Profit (loss) for the period | 9904 | €59,879 | €57,905 | -€1,974 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,879 | €57,905 | -€1,974 | -3.3% |
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.