DE CEUSTER - HANNES: 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 CEUSTER - HANNES
Largest movements
- Cash -€58,141
down €58,141 (-54.0%), from €107,655 to €49,514
mainly Investment in fixed assets (net) (-€51,726) and Net result for the year (-€11,756)
- Tangible fixed assets +€47,407
up €47,407 (+3,218%), from €1,473 to €48,880
of which Plant, machinery and equipment: +€35,659
- Receivables within one year +€2,567
up €2,567 (+21.4%), from €12,015 to €14,582
of which Other amounts receivable: +€7,512
- Deferred charges and accrued income -€2,352
down €2,352 (-63.9%), from €3,681 to €1,329
- Profit (loss) carried forward -€11,756
down €11,756, from €1,201 to -€10,555
- Trade debts -€2,035
down €2,035 (-23.5%), from €8,647 to €6,611
- Other debts +€1,944
up €1,944 (+30.3%), from €6,423 to €8,367
- Tax, wage and social debts +€1,328
up €1,328 (+68.9%), from €1,927 to €3,255
- Gross operating margin -€33,573
down €33,573 (-50.1%), from €67,042 to €33,469
- Depreciation +€3,963
up €3,963 (+1,114%), from €356 to €4,319
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 | €124,899 | €114,380 | -€10,519 | -8.4% |
| Fixed assets | 21/28 | €1,548 | €48,955 | +€47,407 | +3,062% |
| Tangible fixed assets | 22/27 | €1,473 | €48,880 | +€47,407 | +3,218% |
| Plant, machinery and equipment | 23 | - | €35,659 | +€35,659 | |
| Furniture and vehicles | 24 | €1,473 | €13,221 | +€11,747 | +797% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €123,351 | €65,425 | -€57,926 | -47.0% |
| Amounts receivable within one year | 40/41 | €12,015 | €14,582 | +€2,567 | +21.4% |
| Trade receivables | 40 | €7,194 | €2,249 | -€4,945 | -68.7% |
| Other amounts receivable | 41 | €4,821 | €12,333 | +€7,512 | +156% |
| Cash at bank and in hand | 54/58 | €107,655 | €49,514 | -€58,141 | -54.0% |
| Deferred charges and accrued income | 490/1 | €3,681 | €1,329 | -€2,352 | -63.9% |
| Total equity and liabilities | 10/49 | €124,899 | €114,380 | -€10,519 | -8.4% |
| Equity | 10/15 | €107,902 | €96,146 | -€11,756 | -10.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €44,728 | €44,728 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €38,530 | €38,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,201 | -€10,555 | -€11,756 | |
| Amounts payable | 17/49 | €16,997 | €18,233 | +€1,237 | +7.3% |
| Amounts payable within one year | 42/48 | €16,997 | €18,233 | +€1,237 | +7.3% |
| Trade debts | 44 | €8,647 | €6,611 | -€2,035 | -23.5% |
| Suppliers | 440/4 | €8,647 | €6,611 | -€2,035 | -23.5% |
| Taxes, remuneration and social security | 45 | €1,927 | €3,255 | +€1,328 | +68.9% |
| Remuneration and social security | 454/9 | €1,927 | €3,255 | +€1,328 | +68.9% |
| Other amounts payable | 47/48 | €6,423 | €8,367 | +€1,944 | +30.3% |
| Remuneration, social security and pensions | 62 | €38,186 | €37,874 | -€312 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €356 | €4,319 | +€3,963 | +1,114% |
| Other operating charges | 640/8 | €2,247 | €2,458 | +€211 | +9.4% |
| Gross operating margin | 9900 | €67,042 | €33,469 | -€33,573 | -50.1% |
| Operating profit (loss) | 9901 | €26,253 | -€11,183 | -€37,436 | |
| Financial income | 75/76B | €11 | €3 | -€8 | -73.3% |
| Recurring financial income | 75 | €11 | €3 | -€8 | -73.3% |
| Financial charges | 65/66B | €559 | €576 | +€17 | +3.0% |
| Recurring financial charges | 65 | €559 | €576 | +€17 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €25,705 | -€11,756 | -€37,461 | |
| Profit (loss) for the period | 9904 | €25,705 | -€11,756 | -€37,461 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,705 | -€11,756 | -€37,461 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.