DE BOCK & CO: what changed
What changed
DE BOCK & CO
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
-€9,121
2024 · -€238,531+€229,410
Equity
€466,763
2024 · €475,884-€9,121
Cash
€96,515
2024 · €64,245+€32,270
Balance sheet total
€1.5m
2024 · €962,216+€548,731
Largest movements
Assets
- Tangible fixed assets +€562,593
up €562,593 (+153%), from €367,014 to €929,607
of which Land and buildings: +€563,512
- Receivables within one year -€79,892
down €79,892 (-35.7%), from €223,810 to €143,918
of which Other amounts receivable: -€56,968
- Stocks and contracts +€43,043
up €43,043 (+16.3%), from €264,787 to €307,830
of which Stocks: +€51,746
- Cash +€32,270
up €32,270 (+50.2%), from €64,245 to €96,515
mainly Debts after one year (+€534,689) and Receivables within one year (+€79,892)
Equity and liabilities
- Debts after one year +€534,689
up €534,689 (+262%), from €203,901 to €738,590
- Other debts +€18,090
up €18,090 (+295%), from €6,125 to €24,215
- Current portion of long-term debt +€15,753
up €15,753 (+29.1%), from €54,079 to €69,833
Income statement
- Gross operating margin +€195,867
up €195,867 (+81.0%), from €241,838 to €437,706
- Staff costs -€65,125
down €65,125 (-14.7%), from €443,002 to €377,878
- Financial charges +€16,130
up €16,130 (+132%), from €12,182 to €28,312
- Depreciation +€16,116
up €16,116 (+68.2%), from €23,646 to €39,762
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€238,531
Gross operating margin
+€195,867
Staff costs
+€65,125
Depreciation
-€16,116
Other operating charges
+€3,255
Financial income
-€2,476
Financial charges
-€16,130
Taxes
-€115
Result 2025
-€9,121
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€71,701
Investment
-€589,873
Financing
+€550,442
Cash 2024
€64,245
From operations (derived)
+€71,701
Net result for the year
-€9,121
Depreciation
+€39,762
Stocks and contracts
-€43,043
Receivables within one year
+€79,892
Deferred charges and accrued income
-€3,199
Trade debts
-€13,674
Tax, wage and social debts
+€2,094
Other debts
+€18,090
Accrued charges and deferred income
+€899
Investment (derived)
-€589,873
Investment in fixed assets (net)
-€591,198
Current investments
+€1,325
Financing
+€550,442
Debts after one year
+€534,689
Current portion of long-term debt
+€15,753
Cash 2025
€96,515
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €962,216 | €1,510,947 | +€548,731 | +57.0% |
| Fixed assets | 21/28 | €381,212 | €932,648 | +€551,436 | +145% |
| Intangible fixed assets | 21 | - | €2,244 | +€2,244 | |
| Tangible fixed assets | 22/27 | €367,014 | €929,607 | +€562,593 | +153% |
| Land and buildings | 22 | €348,066 | €911,579 | +€563,512 | +162% |
| Plant, machinery and equipment | 23 | €6,168 | €5,644 | -€524 | -8.5% |
| Furniture and vehicles | 24 | €12,780 | €12,384 | -€396 | -3.1% |
| Financial fixed assets | 28 | €14,197 | €797 | -€13,400 | -94.4% |
| Current assets | 29/58 | €581,004 | €578,299 | -€2,705 | -0.5% |
| Stocks and contracts in progress | 3 | €264,787 | €307,830 | +€43,043 | +16.3% |
| Stocks | 30/36 | €227,224 | €278,971 | +€51,746 | +22.8% |
| Contracts in progress | 37 | €37,563 | €28,860 | -€8,703 | -23.2% |
| Amounts receivable within one year | 40/41 | €223,810 | €143,918 | -€79,892 | -35.7% |
| Trade receivables | 40 | €141,044 | €118,120 | -€22,924 | -16.3% |
| Other amounts receivable | 41 | €82,767 | €25,798 | -€56,968 | -68.8% |
| Current investments | 50/53 | €1,400 | €75 | -€1,325 | -94.6% |
| Cash at bank and in hand | 54/58 | €64,245 | €96,515 | +€32,270 | +50.2% |
| Deferred charges and accrued income | 490/1 | €26,762 | €29,961 | +€3,199 | +12.0% |
| Total equity and liabilities | 10/49 | €962,216 | €1,510,947 | +€548,731 | +57.0% |
| Equity | 10/15 | €475,884 | €466,763 | -€9,121 | -1.9% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Capital | 10 | €90,000 | €90,000 | = | 0.0% |
| Issued capital | 100 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €624,415 | €624,415 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Legal reserve | 130 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €615,415 | €615,415 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€238,531 | -€247,652 | -€9,121 | -3.8% |
| Amounts payable | 17/49 | €486,332 | €1,044,184 | +€557,853 | +115% |
| Amounts payable after more than one year | 17 | €203,901 | €738,590 | +€534,689 | +262% |
| Financial debts | 170/4 | €203,901 | €738,590 | +€534,689 | +262% |
| Amounts payable within one year | 42/48 | €279,958 | €302,222 | +€22,264 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €54,079 | €69,833 | +€15,753 | +29.1% |
| Trade debts | 44 | €182,393 | €168,720 | -€13,674 | -7.5% |
| Suppliers | 440/4 | €182,393 | €168,720 | -€13,674 | -7.5% |
| Taxes, remuneration and social security | 45 | €37,361 | €39,455 | +€2,094 | +5.6% |
| Taxes | 450/3 | €113 | €310 | +€197 | +174% |
| Remuneration and social security | 454/9 | €37,248 | €39,145 | +€1,897 | +5.1% |
| Other amounts payable | 47/48 | €6,125 | €24,215 | +€18,090 | +295% |
| Accrued charges and deferred income | 492/3 | €2,473 | €3,372 | +€899 | +36.4% |
| Remuneration, social security and pensions | 62 | €443,002 | €377,878 | -€65,125 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,646 | €39,762 | +€16,116 | +68.2% |
| Other operating charges | 640/8 | €10,961 | €7,706 | -€3,255 | -29.7% |
| Gross operating margin | 9900 | €241,838 | €437,706 | +€195,867 | +81.0% |
| Operating profit (loss) | 9901 | -€235,771 | €12,360 | +€248,131 | |
| Financial income | 75/76B | €9,616 | €7,140 | -€2,476 | -25.7% |
| Recurring financial income | 75 | €9,616 | €7,140 | -€2,476 | -25.7% |
| Financial charges | 65/66B | €12,182 | €28,312 | +€16,130 | +132% |
| Recurring financial charges | 65 | €12,182 | €28,312 | +€16,130 | +132% |
| Profit (loss) for the period before taxes | 9903 | -€238,336 | -€8,811 | +€229,525 | +96.3% |
| Income taxes | 67/77 | €195 | €310 | +€115 | +59.1% |
| Profit (loss) for the period | 9904 | -€238,531 | -€9,121 | +€229,410 | +96.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€238,531 | -€9,121 | +€229,410 | +96.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.