DE BIEKORF: 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 BIEKORF
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€883,631
2024 · €890,767-€7,136
Equity
€5.4m
2024 · €5.3m+€33,631
Cash
€549,645
2024 · €442,228+€107,417
Balance sheet total
€8.2m
2024 · €8.1m+€51,583
Largest movements
Assets
- Cash +€107,417
up €107,417 (+24.3%), from €442,228 to €549,645
mainly Net result for the year (+€883,631) and Depreciation (+€107,372)
- Tangible fixed assets -€94,105
down €94,105 (-1.2%), from €7.7m to €7.6m
of which Land and buildings: -€98,207
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin -€17,311
down €17,311 (-1.1%), from €1.6m to €1.5m
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
€890,767
Gross operating margin
-€17,311
Depreciation
+€3,906
Other operating charges
+€4,416
Other operating items
-€695
Financial income
+€0
Financial charges
+€193
Taxes
+€2,354
Result 2025
€883,631
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
+€970,642
Investment
-€13,224
Financing
-€850,000
Cash 2024
€442,228
From operations (derived)
+€970,642
Net result for the year
+€883,631
Depreciation
+€107,372
Receivables within one year
-€41,905
Deferred charges and accrued income
+€3,591
Provisions
-€5,051
Trade debts
+€58,518
Smaller working-capital items
-€146
Advances received
+€2,518
Other debts
-€37,887
Investment (derived)
-€13,224
Investment in fixed assets (net)
-€13,224
Financing
-€850,000
Contributions, distributions and other
-€850,000
Cash 2025
€549,645
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,133,359 | €8,184,942 | +€51,583 | +0.6% |
| Fixed assets | 21/28 | €7,662,937 | €7,568,789 | -€94,148 | -1.2% |
| Tangible fixed assets | 22/27 | €7,662,893 | €7,568,789 | -€94,105 | -1.2% |
| Land and buildings | 22 | €7,653,319 | €7,555,111 | -€98,207 | -1.3% |
| Plant, machinery and equipment | 23 | €9,575 | €13,677 | +€4,103 | +42.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €43 | €0 | -€43 | -100% |
| Current assets | 29/58 | €470,422 | €616,154 | +€145,731 | +31.0% |
| Amounts receivable within one year | 40/41 | €16,581 | €58,486 | +€41,905 | +253% |
| Trade receivables | 40 | €16,581 | €51,045 | +€34,464 | +208% |
| Other amounts receivable | 41 | - | €7,441 | +€7,441 | |
| Cash at bank and in hand | 54/58 | €442,228 | €549,645 | +€107,417 | +24.3% |
| Deferred charges and accrued income | 490/1 | €11,613 | €8,023 | -€3,591 | -30.9% |
| Total equity and liabilities | 10/49 | €8,133,359 | €8,184,942 | +€51,583 | +0.6% |
| Equity | 10/15 | €5,320,051 | €5,353,682 | +€33,631 | +0.6% |
| Contributions | 10/11 | €3,850,000 | €3,850,000 | = | 0.0% |
| Capital | 10 | €3,850,000 | €3,850,000 | = | 0.0% |
| Issued capital | 100 | €3,850,000 | €3,850,000 | = | 0.0% |
| Revaluation surpluses | 12 | €650,963 | €650,963 | = | 0.0% |
| Reserves | 13 | €819,088 | €852,719 | +€33,631 | +4.1% |
| Non-distributable reserves | 130/1 | €385,000 | €385,000 | = | 0.0% |
| Legal reserve | 130 | €385,000 | €385,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €141,320 | €126,167 | -€15,153 | -10.7% |
| Distributable reserves | 133 | €292,767 | €341,551 | +€48,784 | +16.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €181,224 | €176,173 | -€5,051 | -2.8% |
| Provisions for liabilities and charges | 160/5 | €134,117 | €134,117 | = | 0.0% |
| Taxes | 161 | €134,117 | €134,117 | = | 0.0% |
| Deferred taxes | 168 | €47,107 | €42,056 | -€5,051 | -10.7% |
| Amounts payable | 17/49 | €2,632,084 | €2,655,088 | +€23,003 | +0.9% |
| Amounts payable within one year | 42/48 | €2,613,927 | €2,637,087 | +€23,161 | +0.9% |
| Trade debts | 44 | €18,693 | €77,211 | +€58,518 | +313% |
| Suppliers | 440/4 | €18,693 | €77,211 | +€58,518 | +313% |
| Advances received on contracts in progress | 46 | €94,801 | €97,319 | +€2,518 | +2.7% |
| Taxes, remuneration and social security | 45 | €18,841 | €18,852 | +€11 | +0.1% |
| Taxes | 450/3 | €18,841 | €18,852 | +€11 | +0.1% |
| Other amounts payable | 47/48 | €2,481,592 | €2,443,705 | -€37,887 | -1.5% |
| Accrued charges and deferred income | 492/3 | €18,158 | €18,000 | -€157 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,278 | €107,372 | -€3,906 | -3.5% |
| Other operating charges | 640/8 | €182,706 | €178,290 | -€4,416 | -2.4% |
| Non-recurring operating charges | 66A | - | €695 | +€695 | |
| Gross operating margin | 9900 | €1,555,336 | €1,538,025 | -€17,311 | -1.1% |
| Operating profit (loss) | 9901 | €1,261,352 | €1,251,668 | -€9,684 | -0.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +329% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +329% |
| Financial charges | 65/66B | €71,972 | €71,779 | -€193 | -0.3% |
| Recurring financial charges | 65 | €71,972 | €71,779 | -€193 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €1,189,380 | €1,179,889 | -€9,490 | -0.8% |
| Transfer from deferred taxes | 780 | €5,051 | €5,051 | = | 0.0% |
| Income taxes | 67/77 | €303,664 | €301,309 | -€2,354 | -0.8% |
| Profit (loss) for the period | 9904 | €890,767 | €883,631 | -€7,136 | -0.8% |
| Transfer from tax-exempt reserves | 789 | €15,153 | €15,153 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €905,920 | €898,784 | -€7,136 | -0.8% |
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 27 October 2026 via checked.be.