DE DONDER B&S: what changed
DE DONDER B&S
Largest movements
- Cash +€44,488
up €44,488 (+112%), from €39,582 to €84,070
mainly Depreciation (+€53,478) and Receivables within one year (+€38,842)
- Receivables within one year -€38,842
down €38,842 (-59.2%), from €65,556 to €26,714
of which Trade receivables: -€34,627
- Tangible fixed assets -€16,329
down €16,329 (-14.8%), from €110,292 to €93,963
- Deferred charges and accrued income +€2,541
new in 2025: €2,541
- Debts after one year -€26,886
down €26,886 (-68.1%), from €39,486 to €12,600
- Reserves +€14,837
up €14,837 (+15.3%), from €96,676 to €111,512
- Other debts -€11,984
down €11,984 (-97.6%), from €12,278 to €293
- Tax, wage and social debts +€11,216
up €11,216 (+85.4%), from €13,126 to €24,342
of which Taxes: +€11,216
- Trade debts +€4,675
up €4,675 (+478%), from €978 to €5,654
- Gross operating margin -€34,029
down €34,029 (-27.9%), from €121,826 to €87,798
- Depreciation +€1,939
up €1,939 (+3.8%), from €51,539 to €53,478
- Financial charges -€1,663
down €1,663 (-65.0%), from €2,557 to €894
- Taxes -€1,253
down €1,253 (-12.3%), from €10,188 to €8,935
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,430 | €207,288 | -€8,142 | -3.8% |
| Fixed assets | 21/28 | €110,292 | €93,963 | -€16,329 | -14.8% |
| Intangible fixed assets | 21 | €0 | €0 | -€0 | -25.0% |
| Tangible fixed assets | 22/27 | €110,292 | €93,963 | -€16,329 | -14.8% |
| Plant, machinery and equipment | 23 | €110,292 | €93,963 | -€16,329 | -14.8% |
| Current assets | 29/58 | €105,137 | €113,325 | +€8,187 | +7.8% |
| Amounts receivable within one year | 40/41 | €65,556 | €26,714 | -€38,842 | -59.2% |
| Trade receivables | 40 | €61,205 | €26,577 | -€34,627 | -56.6% |
| Other amounts receivable | 41 | €4,351 | €137 | -€4,214 | -96.9% |
| Cash at bank and in hand | 54/58 | €39,582 | €84,070 | +€44,488 | +112% |
| Deferred charges and accrued income | 490/1 | - | €2,541 | +€2,541 | |
| Total equity and liabilities | 10/49 | €215,430 | €207,288 | -€8,142 | -3.8% |
| Equity | 10/15 | €122,676 | €137,512 | +€14,837 | +12.1% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Reserves | 13 | €96,676 | €111,512 | +€14,837 | +15.3% |
| Distributable reserves | 133 | €96,676 | €111,512 | +€14,837 | +15.3% |
| Amounts payable | 17/49 | €92,754 | €69,775 | -€22,979 | -24.8% |
| Amounts payable after more than one year | 17 | €39,486 | €12,600 | -€26,886 | -68.1% |
| Financial debts | 170/4 | €39,486 | €12,600 | -€26,886 | -68.1% |
| Amounts payable within one year | 42/48 | €53,268 | €57,175 | +€3,907 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €26,886 | €26,886 | -€0 | 0.0% |
| Trade debts | 44 | €978 | €5,654 | +€4,675 | +478% |
| Suppliers | 440/4 | €978 | €5,654 | +€4,675 | +478% |
| Taxes, remuneration and social security | 45 | €13,126 | €24,342 | +€11,216 | +85.4% |
| Taxes | 450/3 | €11,626 | €22,842 | +€11,216 | +96.5% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €12,278 | €293 | -€11,984 | -97.6% |
| Non-recurring operating income | 76A | €3,000 | - | -€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,539 | €53,478 | +€1,939 | +3.8% |
| Other operating charges | 640/8 | €793 | €544 | -€249 | -31.4% |
| Gross operating margin | 9900 | €121,826 | €87,798 | -€34,029 | -27.9% |
| Operating profit (loss) | 9901 | €69,494 | €33,775 | -€35,719 | -51.4% |
| Financial income | 75/76B | - | €890 | +€890 | |
| Recurring financial income | 75 | - | €890 | +€890 | |
| Financial charges | 65/66B | €2,557 | €894 | -€1,663 | -65.0% |
| Recurring financial charges | 65 | €2,557 | €894 | -€1,663 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €66,937 | €33,771 | -€33,166 | -49.5% |
| Income taxes | 67/77 | €10,188 | €8,935 | -€1,253 | -12.3% |
| Profit (loss) for the period | 9904 | €56,750 | €24,837 | -€31,913 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,750 | €24,837 | -€31,913 | -56.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.