DE CONINCK: 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 CONINCK
Largest movements
- Tangible fixed assets -€17,918
down €17,918 (-5.1%), from €354,090 to €336,172
- Cash +€5,205
up €5,205 (+4.1%), from €126,924 to €132,129
mainly Depreciation (+€17,918) and Net result for the year (+€9,021)
- Reserves -€10,979
down €10,979 (-2.6%), from €415,337 to €404,358
- Debts after one year -€9,251
down €9,251 (-33.4%), from €27,682 to €18,431
- Trade debts +€5,393
up €5,393 (+115%), from €4,692 to €10,085
- Financial charges -€468
down €468 (-18.4%), from €2,548 to €2,080
- Gross operating margin +€426
up €426 (+1.1%), from €39,958 to €40,384
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 | €497,463 | €483,276 | -€14,187 | -2.9% |
| Fixed assets | 21/28 | €354,815 | €336,897 | -€17,918 | -5.1% |
| Tangible fixed assets | 22/27 | €354,090 | €336,172 | -€17,918 | -5.1% |
| Land and buildings | 22 | €354,090 | €336,172 | -€17,918 | -5.1% |
| Financial fixed assets | 28 | €725 | €725 | = | 0.0% |
| Current assets | 29/58 | €142,648 | €146,380 | +€3,731 | +2.6% |
| Amounts receivable within one year | 40/41 | €8,824 | €7,925 | -€899 | -10.2% |
| Other amounts receivable | 41 | €8,824 | €7,925 | -€899 | -10.2% |
| Cash at bank and in hand | 54/58 | €126,924 | €132,129 | +€5,205 | +4.1% |
| Deferred charges and accrued income | 490/1 | €6,900 | €6,325 | -€575 | -8.3% |
| Total equity and liabilities | 10/49 | €497,463 | €483,276 | -€14,187 | -2.9% |
| Equity | 10/15 | €424,013 | €413,034 | -€10,979 | -2.6% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €415,337 | €404,358 | -€10,979 | -2.6% |
| Distributable reserves | 133 | €415,337 | €404,358 | -€10,979 | -2.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,450 | €70,242 | -€3,208 | -4.4% |
| Amounts payable after more than one year | 17 | €27,682 | €18,431 | -€9,251 | -33.4% |
| Financial debts | 170/4 | €27,682 | €18,431 | -€9,251 | -33.4% |
| Amounts payable within one year | 42/48 | €45,768 | €51,811 | +€6,043 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €8,725 | €9,251 | +€525 | +6.0% |
| Trade debts | 44 | €4,692 | €10,085 | +€5,393 | +115% |
| Suppliers | 440/4 | €4,692 | €10,085 | +€5,393 | +115% |
| Taxes, remuneration and social security | 45 | €10,351 | €10,475 | +€124 | +1.2% |
| Taxes | 450/3 | €10,351 | €10,475 | +€124 | +1.2% |
| Other amounts payable | 47/48 | €22,000 | €22,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,918 | €17,918 | = | 0.0% |
| Other operating charges | 640/8 | €6,976 | €7,194 | +€218 | +3.1% |
| Gross operating margin | 9900 | €39,958 | €40,384 | +€426 | +1.1% |
| Operating profit (loss) | 9901 | €15,064 | €15,272 | +€208 | +1.4% |
| Financial income | 75/76B | €379 | €341 | -€38 | -10.2% |
| Recurring financial income | 75 | €379 | €341 | -€38 | -10.2% |
| Financial charges | 65/66B | €2,548 | €2,080 | -€468 | -18.4% |
| Recurring financial charges | 65 | €2,548 | €2,080 | -€468 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €12,895 | €13,532 | +€637 | +4.9% |
| Income taxes | 67/77 | €4,366 | €4,511 | +€146 | +3.3% |
| Profit (loss) for the period | 9904 | €8,530 | €9,021 | +€492 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,530 | €9,021 | +€492 | +5.8% |
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 25 October 2026 via checked.be.