DE BODT: 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 BODT
Largest movements
- Receivables within one year -€75,531
down €75,531 (-84.3%), from €89,633 to €14,102
of which Trade receivables: -€74,651
- Tangible fixed assets -€64,692
down €64,692 (-9.1%), from €708,818 to €644,126
of which Furniture and vehicles: -€34,166
- Cash -€8,173
down €8,173 (-98.6%), from €8,292 to €119
mainly Accrued charges and deferred income (-€69,456) and Net result for the year (-€57,608)
- Accrued charges and deferred income -€69,456
no longer reported in 2025 (was €69,456)
- Tax, wage and social debts +€54,913
up €54,913 (+323%), from €16,987 to €71,900
of which Taxes: +€42,190
- Trade debts -€51,189
down €51,189 (-17.9%), from €285,810 to €234,620
- Reserves -€49,735
down €49,735 (-25.5%), from €194,763 to €145,028
of which Distributable reserves: -€49,735
- Other debts -€37,981
down €37,981 (-48.3%), from €78,716 to €40,735
- Gross operating margin +€36,949
up €36,949 (+202%), from €18,276 to €55,225
- Financial income -€33,025
no longer reported in 2025 (was €33,025)
- Other operating charges +€32,222
up €32,222 (+537%), from €6,001 to €38,223
- Depreciation -€22,506
down €22,506 (-43.6%), from €51,606 to €29,099
- Taxes +€21,768
up €21,768 (+219%), from €9,934 to €31,702
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 | €810,084 | €660,756 | -€149,328 | -18.4% |
| Fixed assets | 21/28 | €708,818 | €644,126 | -€64,692 | -9.1% |
| Tangible fixed assets | 22/27 | €708,818 | €644,126 | -€64,692 | -9.1% |
| Land and buildings | 22 | €657,718 | €634,907 | -€22,811 | -3.5% |
| Plant, machinery and equipment | 23 | €8,030 | €316 | -€7,714 | -96.1% |
| Furniture and vehicles | 24 | €43,070 | €8,904 | -€34,166 | -79.3% |
| Current assets | 29/58 | €101,266 | €16,630 | -€84,636 | -83.6% |
| Amounts receivable within one year | 40/41 | €89,633 | €14,102 | -€75,531 | -84.3% |
| Trade receivables | 40 | €86,606 | €11,955 | -€74,651 | -86.2% |
| Other amounts receivable | 41 | €3,027 | €2,147 | -€880 | -29.1% |
| Cash at bank and in hand | 54/58 | €8,292 | €119 | -€8,173 | -98.6% |
| Deferred charges and accrued income | 490/1 | €3,341 | €2,409 | -€932 | -27.9% |
| Total equity and liabilities | 10/49 | €810,084 | €660,756 | -€149,328 | -18.4% |
| Equity | 10/15 | €359,115 | €301,507 | -€57,608 | -16.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €102,352 | €94,479 | -€7,873 | -7.7% |
| Reserves | 13 | €194,763 | €145,028 | -€49,735 | -25.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €188,563 | €138,828 | -€49,735 | -26.4% |
| Amounts payable | 17/49 | €450,969 | €359,249 | -€91,720 | -20.3% |
| Amounts payable within one year | 42/48 | €381,513 | €359,249 | -€22,263 | -5.8% |
| Financial debts | 43 | - | €11,994 | +€11,994 | |
| Credit institutions | 430/8 | - | €11,994 | +€11,994 | |
| Trade debts | 44 | €285,810 | €234,620 | -€51,189 | -17.9% |
| Suppliers | 440/4 | €285,810 | €234,620 | -€51,189 | -17.9% |
| Taxes, remuneration and social security | 45 | €16,987 | €71,900 | +€54,913 | +323% |
| Taxes | 450/3 | €16,987 | €59,177 | +€42,190 | +248% |
| Remuneration and social security | 454/9 | - | €12,723 | +€12,723 | |
| Other amounts payable | 47/48 | €78,716 | €40,735 | -€37,981 | -48.3% |
| Accrued charges and deferred income | 492/3 | €69,456 | - | -€69,456 | |
| Non-recurring operating income | 76A | - | €2,746 | +€2,746 | |
| Remuneration, social security and pensions | 62 | - | €9,569 | +€9,569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,606 | €29,099 | -€22,506 | -43.6% |
| Other operating charges | 640/8 | €6,001 | €38,223 | +€32,222 | +537% |
| Non-recurring operating charges | 66A | - | €3,049 | +€3,049 | |
| Gross operating margin | 9900 | €18,276 | €55,225 | +€36,949 | +202% |
| Operating profit (loss) | 9901 | -€39,331 | -€24,716 | +€14,615 | +37.2% |
| Financial income | 75/76B | €33,025 | - | -€33,025 | |
| Recurring financial income | 75 | €33,025 | - | -€33,025 | |
| Financial charges | 65/66B | €4,358 | €1,190 | -€3,167 | -72.7% |
| Recurring financial charges | 65 | €4,358 | €1,190 | -€3,167 | -72.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,664 | -€25,906 | -€15,242 | -143% |
| Income taxes | 67/77 | €9,934 | €31,702 | +€21,768 | +219% |
| Profit (loss) for the period | 9904 | -€20,598 | -€57,608 | -€37,010 | -180% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,598 | -€57,608 | -€37,010 | -180% |
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 15 October 2026 via checked.be.