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 -€33,796
down €33,796 (-24.4%), from €138,355 to €104,558
of which Furniture and vehicles: -€17,124
- Receivables within one year -€6,802
down €6,802 (-64.4%), from €10,565 to €3,763
of which Trade receivables: -€7,260
- Deferred charges and accrued income +€3,001
up €3,001 (+793%), from €378 to €3,379
- Cash +€1,792
new in 2025: €1,792
mainly Depreciation (+€33,796) and Receivables within one year (+€6,802)
- Debts after one year -€15,700
down €15,700 (-47.0%), from €33,382 to €17,683
- Tax, wage and social debts -€7,566
down €7,566 (-45.4%), from €16,683 to €9,117
- Profit (loss) carried forward -€6,463
new in 2025: -€6,463
- Short-term financial debts -€5,491
no longer reported in 2025 (was €5,491)
- Current portion of long-term debt -€3,641
down €3,641 (-18.8%), from €19,341 to €15,700
- Gross operating margin -€17,931
down €17,931 (-35.4%), from €50,701 to €32,770
- Taxes -€3,499
down €3,499, from €3,345 to -€153
- Financial charges -€994
down €994 (-25.1%), from €3,963 to €2,969
- Depreciation -€633
down €633 (-1.8%), from €34,429 to €33,796
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 | €149,298 | €113,492 | -€35,806 | -24.0% |
| Fixed assets | 21/28 | €138,355 | €104,558 | -€33,796 | -24.4% |
| Tangible fixed assets | 22/27 | €138,355 | €104,558 | -€33,796 | -24.4% |
| Land and buildings | 22 | €82,786 | €66,945 | -€15,841 | -19.1% |
| Plant, machinery and equipment | 23 | €1,262 | €431 | -€831 | -65.9% |
| Furniture and vehicles | 24 | €54,307 | €37,182 | -€17,124 | -31.5% |
| Current assets | 29/58 | €10,943 | €8,934 | -€2,010 | -18.4% |
| Amounts receivable within one year | 40/41 | €10,565 | €3,763 | -€6,802 | -64.4% |
| Trade receivables | 40 | €7,260 | - | -€7,260 | |
| Other amounts receivable | 41 | €3,305 | €3,763 | +€458 | +13.8% |
| Cash at bank and in hand | 54/58 | - | €1,792 | +€1,792 | |
| Deferred charges and accrued income | 490/1 | €378 | €3,379 | +€3,001 | +793% |
| Total equity and liabilities | 10/49 | €149,298 | €113,492 | -€35,806 | -24.0% |
| Equity | 10/15 | €44,734 | €38,272 | -€6,463 | -14.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,534 | €38,534 | = | 0.0% |
| Distributable reserves | 133 | €38,534 | €38,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,463 | -€6,463 | |
| Amounts payable | 17/49 | €104,564 | €75,220 | -€29,344 | -28.1% |
| Amounts payable after more than one year | 17 | €33,382 | €17,683 | -€15,700 | -47.0% |
| Financial debts | 170/4 | €33,382 | €17,683 | -€15,700 | -47.0% |
| Amounts payable within one year | 42/48 | €71,182 | €57,538 | -€13,644 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €19,341 | €15,700 | -€3,641 | -18.8% |
| Financial debts | 43 | €5,491 | - | -€5,491 | |
| Credit institutions | 430/8 | €5,491 | - | -€5,491 | |
| Trade debts | 44 | €3,640 | €4,992 | +€1,352 | +37.1% |
| Suppliers | 440/4 | €3,640 | €4,992 | +€1,352 | +37.1% |
| Taxes, remuneration and social security | 45 | €16,683 | €9,117 | -€7,566 | -45.4% |
| Taxes | 450/3 | €16,683 | €9,117 | -€7,566 | -45.4% |
| Other amounts payable | 47/48 | €26,027 | €27,729 | +€1,702 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,429 | €33,796 | -€633 | -1.8% |
| Other operating charges | 640/8 | €2,322 | €2,621 | +€298 | +12.8% |
| Gross operating margin | 9900 | €50,701 | €32,770 | -€17,931 | -35.4% |
| Operating profit (loss) | 9901 | €13,949 | -€3,647 | -€17,596 | |
| Financial charges | 65/66B | €3,963 | €2,969 | -€994 | -25.1% |
| Recurring financial charges | 65 | €3,963 | €2,969 | -€994 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €9,987 | -€6,616 | -€16,602 | |
| Income taxes | 67/77 | €3,345 | -€153 | -€3,499 | |
| Profit (loss) for the period | 9904 | €6,641 | -€6,463 | -€13,104 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,641 | -€6,463 | -€13,104 |
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 16 October 2026 via checked.be.