DE BUCK P.: 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 BUCK P.
Largest movements
- Cash +€67,654
up €67,654 (+2,310%), from €2,929 to €70,583
mainly Debts after one year (+€75,000) and Other debts (+€39,292)
- Tangible fixed assets +€37,371
up €37,371 (+75.1%), from €49,762 to €87,133
of which Furniture and vehicles: +€37,802
- Receivables within one year +€6,973
up €6,973 (+704%), from €991 to €7,964
of which Other amounts receivable: +€7,194
- Debts after one year +€75,000
new in 2025: €75,000
- Other debts +€39,292
up €39,292 (+47.1%), from €83,487 to €122,779
- Gross operating margin +€12,608
up €12,608 (+146%), from €8,654 to €21,262
- Depreciation -€3,685
down €3,685 (-20.7%), from €17,767 to €14,082
- Other operating charges +€2,189
up €2,189 (+40.5%), from €5,409 to €7,599
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 | €56,592 | €169,117 | +€112,525 | +199% |
| Fixed assets | 21/28 | €49,762 | €87,133 | +€37,371 | +75.1% |
| Tangible fixed assets | 22/27 | €49,762 | €87,133 | +€37,371 | +75.1% |
| Plant, machinery and equipment | 23 | €2,794 | €2,363 | -€431 | -15.4% |
| Furniture and vehicles | 24 | €46,968 | €84,770 | +€37,802 | +80.5% |
| Current assets | 29/58 | €6,830 | €81,985 | +€75,154 | +1,100% |
| Amounts receivable within one year | 40/41 | €991 | €7,964 | +€6,973 | +704% |
| Trade receivables | 40 | €436 | €215 | -€221 | -50.7% |
| Other amounts receivable | 41 | €555 | €7,749 | +€7,194 | +1,297% |
| Cash at bank and in hand | 54/58 | €2,929 | €70,583 | +€67,654 | +2,310% |
| Deferred charges and accrued income | 490/1 | €2,911 | €3,438 | +€527 | +18.1% |
| Total equity and liabilities | 10/49 | €56,592 | €169,117 | +€112,525 | +199% |
| Equity | 10/15 | -€41,305 | -€41,965 | -€660 | -1.6% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,305 | -€68,965 | -€660 | -1.0% |
| Amounts payable | 17/49 | €97,896 | €211,082 | +€113,186 | +116% |
| Amounts payable after more than one year | 17 | - | €75,000 | +€75,000 | |
| Financial debts | 170/4 | - | €75,000 | +€75,000 | |
| Amounts payable within one year | 42/48 | €85,533 | €124,228 | +€38,695 | +45.2% |
| Trade debts | 44 | €894 | €35 | -€859 | -96.1% |
| Suppliers | 440/4 | €894 | €35 | -€859 | -96.1% |
| Advances received on contracts in progress | 46 | €260 | €685 | +€425 | +163% |
| Taxes, remuneration and social security | 45 | €892 | €729 | -€163 | -18.3% |
| Taxes | 450/3 | €892 | €729 | -€163 | -18.3% |
| Other amounts payable | 47/48 | €83,487 | €122,779 | +€39,292 | +47.1% |
| Accrued charges and deferred income | 492/3 | €12,363 | €11,854 | -€509 | -4.1% |
| Non-recurring operating income | 76A | €0 | €15,482 | +€15,482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,767 | €14,082 | -€3,685 | -20.7% |
| Other operating charges | 640/8 | €5,409 | €7,599 | +€2,189 | +40.5% |
| Non-recurring operating charges | 66A | - | €16 | +€16 | |
| Gross operating margin | 9900 | €8,654 | €21,262 | +€12,608 | +146% |
| Operating profit (loss) | 9901 | -€14,522 | -€435 | +€14,087 | +97.0% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €77 | €68 | -€9 | -11.7% |
| Recurring financial charges | 65 | €77 | €68 | -€9 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,599 | -€495 | +€14,104 | +96.6% |
| Income taxes | 67/77 | €149 | €165 | +€16 | +10.6% |
| Profit (loss) for the period | 9904 | -€14,748 | -€660 | +€14,088 | +95.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,748 | -€660 | +€14,088 | +95.5% |
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 17 October 2026 via checked.be.