DE BIE JOHAN: 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 BIE JOHAN
Largest movements
- Tangible fixed assets -€21,789
down €21,789 (-1.7%), from €1.3m to €1.3m
of which Furniture and vehicles: -€12,029
- Short-term financial debts -€21,575
down €21,575 (-66.1%), from €32,656 to €11,081
of which Other loans: -€20,043
- Gross operating margin -€60,632
down €60,632 (-37.5%), from €161,623 to €100,991
- Taxes -€22,460
down €22,460 (-79.3%), from €28,308 to €5,848
- Financial charges +€8,991
up €8,991 (+90.3%), from €9,953 to €18,944
- Financial income -€2,311
no longer reported in 2025 (was €2,311)
of which Financial income: -€1,663
- Other operating charges +€1,752
up €1,752 (+41.3%), from €4,236 to €5,988
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.
Cash bridge derived
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 | €1,435,589 | €1,417,210 | -€18,380 | -1.3% |
| Fixed assets | 21/28 | €1,303,434 | €1,281,645 | -€21,789 | -1.7% |
| Tangible fixed assets | 22/27 | €1,303,434 | €1,281,645 | -€21,789 | -1.7% |
| Land and buildings | 22 | €1,255,632 | €1,248,091 | -€7,541 | -0.6% |
| Plant, machinery and equipment | 23 | €5,579 | €3,359 | -€2,219 | -39.8% |
| Furniture and vehicles | 24 | €42,223 | €30,195 | -€12,029 | -28.5% |
| Current assets | 29/58 | €132,155 | €135,565 | +€3,410 | +2.6% |
| Amounts receivable within one year | 40/41 | €88,235 | €93,613 | +€5,378 | +6.1% |
| Trade receivables | 40 | €28,713 | €26,556 | -€2,158 | -7.5% |
| Other amounts receivable | 41 | €59,522 | €67,057 | +€7,535 | +12.7% |
| Current investments | 50/53 | €34,022 | €34,022 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | €9,898 | €7,930 | -€1,968 | -19.9% |
| Total equity and liabilities | 10/49 | €1,435,589 | €1,417,210 | -€18,380 | -1.3% |
| Equity | 10/15 | €1,031,380 | €1,038,614 | +€7,234 | +0.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,011,380 | €1,018,614 | +€7,234 | +0.7% |
| Distributable reserves | 133 | €1,011,380 | €1,018,614 | +€7,234 | +0.7% |
| Amounts payable | 17/49 | €404,209 | €378,596 | -€25,613 | -6.3% |
| Amounts payable after more than one year | 17 | €292,826 | €289,252 | -€3,574 | -1.2% |
| Financial debts | 170/4 | €292,826 | €289,252 | -€3,574 | -1.2% |
| Amounts payable within one year | 42/48 | €111,383 | €89,344 | -€22,039 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €61,891 | €58,333 | -€3,558 | -5.7% |
| Financial debts | 43 | €32,656 | €11,081 | -€21,575 | -66.1% |
| Credit institutions | 430/8 | €2,478 | €946 | -€1,532 | -61.8% |
| Other loans | 439 | €30,178 | €10,135 | -€20,043 | -66.4% |
| Trade debts | 44 | €13,182 | €19,930 | +€6,748 | +51.2% |
| Suppliers | 440/4 | €13,182 | €19,930 | +€6,748 | +51.2% |
| Taxes, remuneration and social security | 45 | €3,654 | - | -€3,654 | |
| Taxes | 450/3 | €3,654 | - | -€3,654 | |
| Non-recurring operating income | 76A | €18,802 | - | -€18,802 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,872 | €62,906 | +€1,034 | +1.7% |
| Other operating charges | 640/8 | €4,236 | €5,988 | +€1,752 | +41.3% |
| Non-recurring operating charges | 66A | - | €71 | +€71 | |
| Gross operating margin | 9900 | €161,623 | €100,991 | -€60,632 | -37.5% |
| Operating profit (loss) | 9901 | €95,514 | €32,026 | -€63,488 | -66.5% |
| Financial income | 75/76B | €2,311 | - | -€2,311 | |
| Recurring financial income | 75 | €1,663 | - | -€1,663 | |
| Non-recurring financial income | 76B | €649 | - | -€649 | |
| Financial charges | 65/66B | €9,953 | €18,944 | +€8,991 | +90.3% |
| Recurring financial charges | 65 | €9,953 | €18,944 | +€8,991 | +90.3% |
| Profit (loss) for the period before taxes | 9903 | €87,873 | €13,082 | -€74,791 | -85.1% |
| Income taxes | 67/77 | €28,308 | €5,848 | -€22,460 | -79.3% |
| Profit (loss) for the period | 9904 | €59,565 | €7,234 | -€52,331 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,565 | €7,234 | -€52,331 | -87.9% |
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 10 October 2026 via checked.be.