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De Cuyper: 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.

What changed

De Cuyper

BE 0447.591.157
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€7,879
2024 · €13,047-€20,926
Equity
€74,484
2024 · €82,363-€7,879
Cash
€67,456
2024 · €39,702+€27,753
Balance sheet total
€107,178
2024 · €109,923-€2,745

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€30,267

    down €30,267 (-43.7%), from €69,314 to €39,047

    of which Trade receivables: -€30,351

  • Cash +€27,753

    up €27,753 (+69.9%), from €39,702 to €67,456

    mainly Receivables within one year (+€30,267) and Other debts (+€3,904)

Equity and liabilities
  • Profit (loss) carried forward -€7,879

    down €7,879 (-12.8%), from €61,596 to €53,717

  • Other debts +€3,904

    up €3,904 (+20.9%), from €18,719 to €22,623

Income statement
  • Gross operating margin -€24,586

    down €24,586, from €16,954 to -€7,632

  • Taxes -€3,679

    no longer reported in 2025 (was €3,679)

  • Financial income -€301

    down €301 (-63.5%), from €474 to €173

  • Staff costs -€176

    no longer reported in 2025 (was €176)

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €13,047
Gross operating margin -€24,586
Staff costs +€176
Other operating charges +€89
Financial income -€301
Financial charges +€17
Taxes +€3,679
Result 2025 -€7,879

Cash bridge derived

cash 2024 to 2025

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.

From operations +€27,753
Investment €0
Financing €0
Cash 2024 €39,702
Net result for the year -€7,879
Depreciation +€231
Receivables within one year +€30,267
Trade debts +€389
Tax, wage and social debts +€841
Other debts +€3,904
Cash 2025 €67,456
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €109,923 €107,178 -€2,745 -2.5%
Fixed assets 21/28 €906 €675 -€231 -25.5%
Tangible fixed assets 22/27 €906 €675 -€231 -25.5%
Plant, machinery and equipment 23 €906 €675 -€231 -25.5%
Current assets 29/58 €109,016 €106,503 -€2,513 -2.3%
Amounts receivable within one year 40/41 €69,314 €39,047 -€30,267 -43.7%
Trade receivables 40 €67,685 €37,334 -€30,351 -44.8%
Other amounts receivable 41 €1,629 €1,713 +€84 +5.2%
Cash at bank and in hand 54/58 €39,702 €67,456 +€27,753 +69.9%
Total equity and liabilities 10/49 €109,923 €107,178 -€2,745 -2.5%
Equity 10/15 €82,363 €74,484 -€7,879 -9.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Outside capital 11 €18,600 - -€18,600
Other 1109/19 €18,600 - -€18,600
Reserves 13 €2,167 €2,167 = 0.0%
Distributable reserves 133 €2,167 €2,167 = 0.0%
Profit (loss) carried forward 14 €61,596 €53,717 -€7,879 -12.8%
Amounts payable 17/49 €27,560 €32,694 +€5,134 +18.6%
Amounts payable within one year 42/48 €27,560 €32,694 +€5,134 +18.6%
Trade debts 44 €6,512 €6,901 +€389 +6.0%
Suppliers 440/4 €6,512 €6,901 +€389 +6.0%
Taxes, remuneration and social security 45 €2,329 €3,170 +€841 +36.1%
Taxes 450/3 - €1,072 +€1,072
Remuneration and social security 454/9 €2,329 €2,098 -€231 -9.9%
Other amounts payable 47/48 €18,719 €22,623 +€3,904 +20.9%
Remuneration, social security and pensions 62 €176 - -€176
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €231 €231 = 0.0%
Other operating charges 640/8 €142 €53 -€89 -62.7%
Gross operating margin 9900 €16,954 -€7,632 -€24,586
Operating profit (loss) 9901 €16,404 -€7,917 -€24,321
Financial income 75/76B €474 €173 -€301 -63.5%
Recurring financial income 75 €474 €173 -€301 -63.5%
Financial charges 65/66B €152 €135 -€17 -10.9%
Recurring financial charges 65 €152 €135 -€17 -10.9%
Profit (loss) for the period before taxes 9903 €16,726 -€7,879 -€24,605
Income taxes 67/77 €3,679 - -€3,679
Profit (loss) for the period 9904 €13,047 -€7,879 -€20,926
Profit (loss) for the period to be appropriated 9905 €13,047 -€7,879 -€20,926

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.