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.
DE CUYPER
Largest movements
- Cash -€41,658
down €41,658 (-20.9%), from €198,911 to €157,253
mainly Investment in fixed assets (net) (-€61,727) and Other debts (-€28,375)
- Tangible fixed assets +€18,527
up €18,527 (+9.8%), from €188,681 to €207,208
of which Plant, machinery and equipment: +€21,442
- Other debts -€28,375
down €28,375 (-14.1%), from €200,788 to €172,413
- Debts after one year -€18,185
down €18,185 (-100.0%), from €18,185 to €0
- Reserves +€12,405
up €12,405 (+4.0%), from €310,908 to €323,313
of which Distributable reserves: +€12,405
- Staff costs +€7,651
up €7,651 (+8.6%), from €89,441 to €97,092
- Gross operating margin -€5,879
down €5,879 (-3.5%), from €168,031 to €162,152
- Taxes -€4,708
down €4,708 (-47.5%), from €9,901 to €5,194
- Depreciation -€2,286
down €2,286 (-5.0%), from €45,485 to €43,200
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 | €602,159 | €572,380 | -€29,779 | -4.9% |
| Fixed assets | 21/28 | €188,816 | €207,343 | +€18,527 | +9.8% |
| Tangible fixed assets | 22/27 | €188,681 | €207,208 | +€18,527 | +9.8% |
| Land and buildings | 22 | €113,734 | €103,197 | -€10,537 | -9.3% |
| Plant, machinery and equipment | 23 | €7,608 | €29,050 | +€21,442 | +281.8% |
| Furniture and vehicles | 24 | €37,188 | €30,249 | -€6,939 | -18.7% |
| Other tangible fixed assets | 26 | €30,151 | €44,711 | +€14,560 | +48.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €413,344 | €365,038 | -€48,306 | -11.7% |
| Stocks and contracts in progress | 3 | €129,994 | €128,994 | -€1,000 | -0.8% |
| Stocks | 30/36 | €129,994 | €128,994 | -€1,000 | -0.8% |
| Amounts receivable within one year | 40/41 | €28,051 | €24,462 | -€3,589 | -12.8% |
| Trade receivables | 40 | €25,916 | €21,939 | -€3,978 | -15.3% |
| Other amounts receivable | 41 | €2,135 | €2,523 | +€388 | +18.2% |
| Current investments | 50/53 | €53,400 | €53,400 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €198,911 | €157,253 | -€41,658 | -20.9% |
| Deferred charges and accrued income | 490/1 | €2,988 | €929 | -€2,059 | -68.9% |
| Total equity and liabilities | 10/49 | €602,159 | €572,380 | -€29,779 | -4.9% |
| Equity | 10/15 | €329,508 | €341,913 | +€12,405 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €310,908 | €323,313 | +€12,405 | +4.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €24,038 | €24,038 | = | 0.0% |
| Distributable reserves | 133 | €286,869 | €299,275 | +€12,405 | +4.3% |
| Amounts payable | 17/49 | €272,652 | €230,467 | -€42,184 | -15.5% |
| Amounts payable after more than one year | 17 | €18,185 | €0 | -€18,185 | -100.0% |
| Financial debts | 170/4 | €18,185 | €0 | -€18,185 | -100.0% |
| Amounts payable within one year | 42/48 | €254,467 | €230,467 | -€23,999 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €18,006 | €18,185 | +€179 | +1.0% |
| Trade debts | 44 | €25,996 | €24,926 | -€1,071 | -4.1% |
| Suppliers | 440/4 | €25,996 | €24,926 | -€1,071 | -4.1% |
| Taxes, remuneration and social security | 45 | €9,677 | €14,944 | +€5,266 | +54.4% |
| Taxes | 450/3 | €804 | €2,612 | +€1,808 | +224.9% |
| Remuneration and social security | 454/9 | €8,873 | €12,332 | +€3,458 | +39.0% |
| Other amounts payable | 47/48 | €200,788 | €172,413 | -€28,375 | -14.1% |
| Remuneration, social security and pensions | 62 | €89,441 | €97,092 | +€7,651 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,485 | €43,200 | -€2,286 | -5.0% |
| Other operating charges | 640/8 | €4,515 | €4,793 | +€277 | +6.1% |
| Gross operating margin | 9900 | €168,031 | €162,152 | -€5,879 | -3.5% |
| Operating profit (loss) | 9901 | €28,589 | €17,067 | -€11,522 | -40.3% |
| Financial income | 75/76B | €841 | €1,218 | +€376 | +44.7% |
| Recurring financial income | 75 | €841 | €1,218 | +€376 | +44.7% |
| Financial charges | 65/66B | €765 | €685 | -€80 | -10.4% |
| Recurring financial charges | 65 | €765 | €685 | -€80 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €28,665 | €17,599 | -€11,066 | -38.6% |
| Income taxes | 67/77 | €9,901 | €5,194 | -€4,708 | -47.5% |
| Profit (loss) for the period | 9904 | €18,763 | €12,405 | -€6,358 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,763 | €12,405 | -€6,358 | -33.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.