DE CLIENT: what changed
Two fiscal 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 CLIENT
Largest movements
- Receivables within one year -€53,363
down €53,363 (-40.2%), from €132,903 to €79,540
of which Other amounts receivable: -€44,228
- Tangible fixed assets -€5,369
down €5,369 (-15.9%), from €33,685 to €28,316
of which Land and buildings: -€3,617
- Cash +€3,808
up €3,808 (+114.1%), from €3,338 to €7,146
mainly Receivables within one year (+€53,363) and Depreciation (+€7,019)
- Trade debts -€30,698
down €30,698 (-84.5%), from €36,318 to €5,620
- Profit (loss) carried forward -€21,189
down €21,189 (-22.3%), from €94,949 to €73,760
- Tax, wage and social debts -€4,596
down €4,596 (-18.6%), from €24,708 to €20,112
of which Taxes: -€4,347
- Gross operating margin -€59,377
down €59,377 (-38.1%), from €155,882 to €96,505
- Staff costs -€53,527
down €53,527 (-33.8%), from €158,220 to €104,693
- Financial income -€5,856
no longer reported in 2025 (was €5,856)
- Other operating charges +€2,714
up €2,714 (+120.8%), from €2,246 to €4,961
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.
Cash bridge derived
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 | €183,446 | €126,963 | -€56,483 | -30.8% |
| Fixed assets | 21/28 | €45,758 | €38,739 | -€7,019 | -15.3% |
| Intangible fixed assets | 21 | €11,690 | €10,040 | -€1,650 | -14.1% |
| Tangible fixed assets | 22/27 | €33,685 | €28,316 | -€5,369 | -15.9% |
| Land and buildings | 22 | €27,632 | €24,015 | -€3,617 | -13.1% |
| Plant, machinery and equipment | 23 | €5,184 | €3,955 | -€1,229 | -23.7% |
| Furniture and vehicles | 24 | €869 | €346 | -€523 | -60.2% |
| Financial fixed assets | 28 | €383 | €383 | = | 0.0% |
| Current assets | 29/58 | €137,688 | €88,224 | -€49,464 | -35.9% |
| Stocks and contracts in progress | 3 | €1,200 | €1,200 | = | 0.0% |
| Stocks | 30/36 | €1,200 | €1,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €132,903 | €79,540 | -€53,363 | -40.2% |
| Trade receivables | 40 | €9,135 | - | -€9,135 | |
| Other amounts receivable | 41 | €123,768 | €79,540 | -€44,228 | -35.7% |
| Cash at bank and in hand | 54/58 | €3,338 | €7,146 | +€3,808 | +114.1% |
| Deferred charges and accrued income | 490/1 | €247 | €337 | +€90 | +36.5% |
| Total equity and liabilities | 10/49 | €183,446 | €126,963 | -€56,483 | -30.8% |
| Equity | 10/15 | €115,400 | €94,211 | -€21,189 | -18.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,949 | €73,760 | -€21,189 | -22.3% |
| Amounts payable | 17/49 | €68,046 | €32,752 | -€35,294 | -51.9% |
| Amounts payable within one year | 42/48 | €68,046 | €32,752 | -€35,294 | -51.9% |
| Trade debts | 44 | €36,318 | €5,620 | -€30,698 | -84.5% |
| Suppliers | 440/4 | €36,318 | €5,620 | -€30,698 | -84.5% |
| Taxes, remuneration and social security | 45 | €24,708 | €20,112 | -€4,596 | -18.6% |
| Taxes | 450/3 | €11,178 | €6,830 | -€4,347 | -38.9% |
| Remuneration and social security | 454/9 | €13,530 | €13,282 | -€248 | -1.8% |
| Other amounts payable | 47/48 | €7,020 | €7,020 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €158,220 | €104,693 | -€53,527 | -33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,459 | €7,019 | -€440 | -5.9% |
| Other operating charges | 640/8 | €2,246 | €4,961 | +€2,714 | +120.8% |
| Gross operating margin | 9900 | €155,882 | €96,505 | -€59,377 | -38.1% |
| Operating profit (loss) | 9901 | -€12,043 | -€20,168 | -€8,125 | -67.5% |
| Financial income | 75/76B | €5,856 | - | -€5,856 | |
| Recurring financial income | 75 | €5,856 | - | -€5,856 | |
| Financial charges | 65/66B | €1,357 | €1,021 | -€335 | -24.7% |
| Recurring financial charges | 65 | €1,357 | €1,021 | -€335 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,544 | -€21,189 | -€13,645 | -180.9% |
| Income taxes | 67/77 | €167 | - | -€167 | |
| Profit (loss) for the period | 9904 | -€7,712 | -€21,189 | -€13,478 | -174.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,712 | -€21,189 | -€13,478 | -174.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.