DE BUYSER BEHEER: 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 BUYSER BEHEER
Largest movements
- Current investments +€4.5m
up €4.5m (+750%), from €600,000 to €5.1m
- Receivables within one year +€2.1m
up €2.1m (+3,978%), from €53,925 to €2.2m
of which Other amounts receivable: +€2.2m
- Financial fixed assets -€867,325
down €867,325 (-33.5%), from €2.6m to €1.7m
- Cash -€794,868
down €794,868 (-69.7%), from €1.1m to €345,566
mainly Current investments (-€4.5m) and Receivables within one year (-€2.1m)
- Reserves +€4.6m
up €4.6m (+185%), from €2.5m to €7.1m
- Tax, wage and social debts +€824,867
up €824,867 (+2,831%), from €29,132 to €853,999
of which Taxes: +€824,898
- Profit (loss) carried forward -€500,000
down €500,000 (-64.2%), from €778,782 to €278,782
- Other debts +€482,300
up €482,300 (+2,725%), from €17,700 to €500,000
- Debts after one year -€358,596
down €358,596 (-82.7%), from €433,643 to €75,047
- Financial income +€5.9m
up €5.9m (+1,828%), from €322,748 to €6.2m
- Taxes +€675,853
up €675,853 (+418%), from €161,851 to €837,704
- Gross operating margin -€330,039
down €330,039 (-67.3%), from €490,736 to €160,697
- Financial charges -€16,320
down €16,320 (-61.1%), from €26,721 to €10,401
- Depreciation -€13,580
down €13,580 (-23.9%), from €56,837 to €43,257
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 | €5,341,381 | €10,238,512 | +€4.9m | +91.7% |
| Fixed assets | 21/28 | €3,546,622 | €2,590,699 | -€955,923 | -27.0% |
| Tangible fixed assets | 22/27 | €960,392 | €871,794 | -€88,598 | -9.2% |
| Land and buildings | 22 | €893,037 | €853,244 | -€39,792 | -4.5% |
| Plant, machinery and equipment | 23 | €22,014 | €18,550 | -€3,465 | -15.7% |
| Furniture and vehicles | 24 | €45,341 | €0 | -€45,341 | -100% |
| Financial fixed assets | 28 | €2,586,229 | €1,718,905 | -€867,325 | -33.5% |
| Current assets | 29/58 | €1,794,759 | €7,647,813 | +€5.9m | +326% |
| Amounts receivable within one year | 40/41 | €53,925 | €2,198,968 | +€2.1m | +3,978% |
| Trade receivables | 40 | €53,925 | €1,075 | -€52,850 | -98.0% |
| Other amounts receivable | 41 | €0 | €2,197,893 | +€2.2m | |
| Current investments | 50/53 | €600,000 | €5,100,000 | +€4.5m | +750% |
| Cash at bank and in hand | 54/58 | €1,140,434 | €345,566 | -€794,868 | -69.7% |
| Deferred charges and accrued income | 490/1 | €401 | €3,280 | +€2,879 | +719% |
| Total equity and liabilities | 10/49 | €5,341,381 | €10,238,512 | +€4.9m | +91.7% |
| Equity | 10/15 | €4,611,650 | €8,750,419 | +€4.1m | +89.7% |
| Contributions | 10/11 | €1,329,000 | €1,329,000 | = | 0.0% |
| Reserves | 13 | €2,503,867 | €7,142,637 | +€4.6m | +185% |
| Distributable reserves | 133 | €2,503,867 | €7,142,637 | +€4.6m | +185% |
| Profit (loss) carried forward | 14 | €778,782 | €278,782 | -€500,000 | -64.2% |
| Provisions and deferred taxes | 16 | €26,977 | €25,292 | -€1,684 | -6.2% |
| Deferred taxes | 168 | €26,977 | €25,292 | -€1,684 | -6.2% |
| Amounts payable | 17/49 | €702,755 | €1,462,801 | +€760,046 | +108% |
| Amounts payable after more than one year | 17 | €433,643 | €75,047 | -€358,596 | -82.7% |
| Financial debts | 170/4 | €433,643 | €75,047 | -€358,596 | -82.7% |
| Amounts payable within one year | 42/48 | €269,046 | €1,387,754 | +€1.1m | +416% |
| Current portion of amounts payable after more than one year | 42 | €135,984 | €33,562 | -€102,422 | -75.3% |
| Financial debts | 43 | €74,333 | €0 | -€74,333 | -100% |
| Other loans | 439 | €74,333 | €0 | -€74,333 | -100% |
| Trade debts | 44 | €11,896 | €192 | -€11,704 | -98.4% |
| Suppliers | 440/4 | €11,896 | €192 | -€11,704 | -98.4% |
| Taxes, remuneration and social security | 45 | €29,132 | €853,999 | +€824,867 | +2,831% |
| Taxes | 450/3 | €28,253 | €853,150 | +€824,898 | +2,920% |
| Remuneration and social security | 454/9 | €880 | €849 | -€30 | -3.5% |
| Other amounts payable | 47/48 | €17,700 | €500,000 | +€482,300 | +2,725% |
| Accrued charges and deferred income | 492/3 | €66 | €0 | -€66 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,837 | €43,257 | -€13,580 | -23.9% |
| Other operating charges | 640/8 | €5,524 | €5,311 | -€213 | -3.9% |
| Non-recurring operating charges | 66A | €21,999 | €8,741 | -€13,258 | -60.3% |
| Gross operating margin | 9900 | €490,736 | €160,697 | -€330,039 | -67.3% |
| Operating profit (loss) | 9901 | €406,377 | €103,388 | -€302,988 | -74.6% |
| Financial income | 75/76B | €322,748 | €6,223,443 | +€5.9m | +1,828% |
| Recurring financial income | 75 | €322,748 | €6,223,443 | +€5.9m | +1,828% |
| Financial charges | 65/66B | €26,721 | €10,401 | -€16,320 | -61.1% |
| Recurring financial charges | 65 | €26,721 | €10,401 | -€16,320 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €702,404 | €6,316,431 | +€5.6m | +799% |
| Transfer from deferred taxes | 780 | €1,684 | €1,684 | = | 0.0% |
| Income taxes | 67/77 | €161,851 | €837,704 | +€675,853 | +418% |
| Profit (loss) for the period | 9904 | €542,237 | €5,480,411 | +€4.9m | +911% |
| Profit (loss) for the period to be appropriated | 9905 | €542,237 | €5,480,411 | +€4.9m | +911% |
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 26 October 2026 via checked.be.