DE DEYNE GINO: 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 DEYNE GINO
Largest movements
- Tangible fixed assets +€182,970
up €182,970 (+55.9%), from €327,275 to €510,245
of which Land and buildings: +€131,056
- Current investments -€78,076
down €78,076 (-37.9%), from €206,038 to €127,962
- Cash +€74,789
up €74,789 (+29.3%), from €255,675 to €330,464
mainly Other debts (+€209,092) and Net result for the year (+€156,379)
- Receivables within one year +€43,759
up €43,759 (+48.7%), from €89,809 to €133,568
of which Trade receivables: +€44,040
- Other debts +€209,092
up €209,092 (+189%), from €110,354 to €319,445
- Reserves -€174,132
down €174,132 (-26.8%), from €649,517 to €475,384
of which Distributable reserves: -€174,132
- Debts after one year +€150,283
up €150,283 (+333%), from €45,073 to €195,356
- Current portion of long-term debt +€32,329
up €32,329 (+418%), from €7,733 to €40,062
- Gross operating margin +€43,239
up €43,239 (+12.9%), from €335,472 to €378,710
- Depreciation +€37,536
up €37,536 (+98.7%), from €38,025 to €75,561
- Other operating charges +€24,339
up €24,339 (+324%), from €7,510 to €31,849
- Financial income +€7,086
up €7,086 (+217%), from €3,259 to €10,345
- Taxes -€6,127
down €6,127 (-8.5%), from €72,016 to €65,889
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 | €879,106 | €1,102,523 | +€223,417 | +25.4% |
| Fixed assets | 21/28 | €327,275 | €510,245 | +€182,970 | +55.9% |
| Tangible fixed assets | 22/27 | €327,275 | €510,245 | +€182,970 | +55.9% |
| Land and buildings | 22 | €305,039 | €436,096 | +€131,056 | +43.0% |
| Plant, machinery and equipment | 23 | €3,995 | €3,775 | -€220 | -5.5% |
| Furniture and vehicles | 24 | €18,241 | €70,374 | +€52,133 | +286% |
| Current assets | 29/58 | €551,831 | €592,279 | +€40,447 | +7.3% |
| Stocks and contracts in progress | 3 | €310 | €285 | -€25 | -8.1% |
| Stocks | 30/36 | €310 | €285 | -€25 | -8.1% |
| Amounts receivable within one year | 40/41 | €89,809 | €133,568 | +€43,759 | +48.7% |
| Trade receivables | 40 | €89,326 | €133,367 | +€44,040 | +49.3% |
| Other amounts receivable | 41 | €482 | €201 | -€281 | -58.3% |
| Current investments | 50/53 | €206,038 | €127,962 | -€78,076 | -37.9% |
| Cash at bank and in hand | 54/58 | €255,675 | €330,464 | +€74,789 | +29.3% |
| Total equity and liabilities | 10/49 | €879,106 | €1,102,523 | +€223,417 | +25.4% |
| Equity | 10/15 | €668,117 | €493,984 | -€174,132 | -26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €649,517 | €475,384 | -€174,132 | -26.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €647,657 | €473,524 | -€174,132 | -26.9% |
| Amounts payable | 17/49 | €210,990 | €608,539 | +€397,549 | +188% |
| Amounts payable after more than one year | 17 | €45,073 | €195,356 | +€150,283 | +333% |
| Financial debts | 170/4 | €45,073 | €195,356 | +€150,283 | +333% |
| Amounts payable within one year | 42/48 | €165,917 | €411,915 | +€245,998 | +148% |
| Current portion of amounts payable after more than one year | 42 | €7,733 | €40,062 | +€32,329 | +418% |
| Trade debts | 44 | €1,804 | €1,527 | -€277 | -15.3% |
| Suppliers | 440/4 | €1,804 | €1,527 | -€277 | -15.3% |
| Taxes, remuneration and social security | 45 | €46,026 | €50,880 | +€4,854 | +10.5% |
| Taxes | 450/3 | €39,972 | €44,143 | +€4,172 | +10.4% |
| Remuneration and social security | 454/9 | €6,054 | €6,737 | +€683 | +11.3% |
| Other amounts payable | 47/48 | €110,354 | €319,445 | +€209,092 | +189% |
| Accrued charges and deferred income | 492/3 | - | €1,268 | +€1,268 | |
| Non-recurring operating income | 76A | €248 | €5,000 | +€4,752 | +1,917% |
| Remuneration, social security and pensions | 62 | €52,937 | €54,304 | +€1,367 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,025 | €75,561 | +€37,536 | +98.7% |
| Other operating charges | 640/8 | €7,510 | €31,849 | +€24,339 | +324% |
| Gross operating margin | 9900 | €335,472 | €378,710 | +€43,239 | +12.9% |
| Operating profit (loss) | 9901 | €237,000 | €216,996 | -€20,004 | -8.4% |
| Financial income | 75/76B | €3,259 | €10,345 | +€7,086 | +217% |
| Recurring financial income | 75 | €3,259 | €10,345 | +€7,086 | +217% |
| Financial charges | 65/66B | €3,026 | €5,073 | +€2,047 | +67.6% |
| Recurring financial charges | 65 | €3,026 | €5,073 | +€2,047 | +67.6% |
| Profit (loss) for the period before taxes | 9903 | €237,233 | €222,268 | -€14,964 | -6.3% |
| Income taxes | 67/77 | €72,016 | €65,889 | -€6,127 | -8.5% |
| Profit (loss) for the period | 9904 | €165,216 | €156,379 | -€8,837 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €165,216 | €156,379 | -€8,837 | -5.3% |
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 23 October 2026 via checked.be.