De Bies: what changed
Two fiscal 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 Bies
Largest movements
- Cash +€42,659
up €42,659 (+84.7%), from €50,358 to €93,017
mainly Net result for the year (+€115,818) and Depreciation (+€68,830)
- Tangible fixed assets -€37,698
down €37,698 (-4.5%), from €835,058 to €797,360
of which Other tangible fixed assets: -€34,598
- Stocks and contracts +€28,253
up €28,253 (+40.6%), from €69,571 to €97,824
- Receivables within one year +€16,249
up €16,249 (+46.0%), from €35,335 to €51,584
of which Trade receivables: +€11,093
- Reserves +€115,818
up €115,818 (+28.3%), from €409,613 to €525,431
- Tax, wage and social debts +€41,080
up €41,080 (+53.7%), from €76,458 to €117,538
of which Taxes: +€39,962
- Debts after one year -€39,010
down €39,010 (-40.0%), from €97,619 to €58,609
- Other debts -€29,149
down €29,149 (-11.1%), from €262,417 to €233,268
- Trade debts -€27,598
down €27,598 (-30.1%), from €91,621 to €64,022
- Staff costs -€12,160
down €12,160 (-4.7%), from €260,258 to €248,098
- Gross operating margin -€11,433
down €11,433 (-2.3%), from €507,791 to €496,358
- Financial charges -€5,426
down €5,426 (-34.5%), from €15,708 to €10,282
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 | €994,100 | €1,045,115 | +€51,015 | +5.1% |
| Fixed assets | 21/28 | €836,175 | €797,639 | -€38,536 | -4.6% |
| Intangible fixed assets | 21 | €1,117 | €279 | -€838 | -75.0% |
| Tangible fixed assets | 22/27 | €835,058 | €797,360 | -€37,698 | -4.5% |
| Land and buildings | 22 | €131,867 | €125,282 | -€6,585 | -5.0% |
| Plant, machinery and equipment | 23 | €68,162 | €79,218 | +€11,056 | +16.2% |
| Furniture and vehicles | 24 | €32,586 | €25,015 | -€7,571 | -23.2% |
| Other tangible fixed assets | 26 | €602,443 | €567,845 | -€34,598 | -5.7% |
| Current assets | 29/58 | €157,924 | €247,476 | +€89,551 | +56.7% |
| Stocks and contracts in progress | 3 | €69,571 | €97,824 | +€28,253 | +40.6% |
| Stocks | 30/36 | €69,571 | €97,824 | +€28,253 | +40.6% |
| Amounts receivable within one year | 40/41 | €35,335 | €51,584 | +€16,249 | +46.0% |
| Trade receivables | 40 | €27,813 | €38,906 | +€11,093 | +39.9% |
| Other amounts receivable | 41 | €7,522 | €12,678 | +€5,156 | +68.5% |
| Cash at bank and in hand | 54/58 | €50,358 | €93,017 | +€42,659 | +84.7% |
| Deferred charges and accrued income | 490/1 | €2,661 | €5,051 | +€2,390 | +89.8% |
| Total equity and liabilities | 10/49 | €994,100 | €1,045,115 | +€51,015 | +5.1% |
| Equity | 10/15 | €414,613 | €530,431 | +€115,818 | +27.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €409,613 | €525,431 | +€115,818 | +28.3% |
| Distributable reserves | 133 | €409,613 | €525,431 | +€115,818 | +28.3% |
| Amounts payable | 17/49 | €579,487 | €514,683 | -€64,804 | -11.2% |
| Amounts payable after more than one year | 17 | €97,619 | €58,609 | -€39,010 | -40.0% |
| Financial debts | 170/4 | €97,619 | €58,609 | -€39,010 | -40.0% |
| Amounts payable within one year | 42/48 | €467,657 | €453,838 | -€13,818 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €37,161 | €39,010 | +€1,849 | +5.0% |
| Trade debts | 44 | €91,621 | €64,022 | -€27,598 | -30.1% |
| Suppliers | 440/4 | €91,621 | €64,022 | -€27,598 | -30.1% |
| Taxes, remuneration and social security | 45 | €76,458 | €117,538 | +€41,080 | +53.7% |
| Taxes | 450/3 | €48,584 | €88,546 | +€39,962 | +82.3% |
| Remuneration and social security | 454/9 | €27,874 | €28,992 | +€1,118 | +4.0% |
| Other amounts payable | 47/48 | €262,417 | €233,268 | -€29,149 | -11.1% |
| Accrued charges and deferred income | 492/3 | €14,211 | €2,236 | -€11,975 | -84.3% |
| Remuneration, social security and pensions | 62 | €260,258 | €248,098 | -€12,160 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,588 | €68,830 | +€4,242 | +6.6% |
| Other operating charges | 640/8 | €3,284 | €3,259 | -€25 | -0.8% |
| Gross operating margin | 9900 | €507,791 | €496,358 | -€11,433 | -2.3% |
| Operating profit (loss) | 9901 | €179,662 | €176,171 | -€3,490 | -1.9% |
| Financial income | 75/76B | €244 | - | -€244 | |
| Recurring financial income | 75 | €244 | - | -€244 | |
| Financial charges | 65/66B | €15,708 | €10,282 | -€5,426 | -34.5% |
| Recurring financial charges | 65 | €15,708 | €10,282 | -€5,426 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €164,198 | €165,890 | +€1,692 | +1.0% |
| Income taxes | 67/77 | €48,488 | €50,071 | +€1,583 | +3.3% |
| Profit (loss) for the period | 9904 | €115,709 | €115,818 | +€109 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €115,709 | €115,818 | +€109 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.