DE DYCKER PROJECTS: 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 DYCKER PROJECTS
Largest movements
- Stocks and contracts +€393,248
up €393,248 (+116.0%), from €338,969 to €732,217
- Tangible fixed assets +€147,346
up €147,346 (+280.0%), from €52,626 to €199,972
of which Furniture and vehicles: +€162,647
- Cash -€129,682
down €129,682 (-88.9%), from €145,938 to €16,256
mainly Stocks and contracts (-€393,248) and Investment in fixed assets (net) (-€177,817)
- Current portion of long-term debt +€303,820
up €303,820 (+120.9%), from €251,237 to €555,057
- Other debts +€157,855
up €157,855 (+298.4%), from €52,894 to €210,750
- Profit (loss) carried forward -€99,574
down €99,574, from €0 to -€99,574
- Debts after one year +€64,277
up €64,277 (+277.8%), from €23,135 to €87,412
- Advances received -€16,314
down €16,314 (-92.9%), from €17,561 to €1,247
- Gross operating margin -€274,617
down €274,617, from €228,288 to -€46,328
- Taxes -€27,078
down €27,078 (-100.0%), from €27,078 to €0
- Depreciation +€6,387
up €6,387 (+26.5%), from €24,084 to €30,471
- Financial charges -€5,867
down €5,867 (-23.3%), from €25,210 to €19,343
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 | €564,595 | €974,775 | +€410,180 | +72.7% |
| Fixed assets | 21/28 | €52,626 | €199,972 | +€147,346 | +280.0% |
| Tangible fixed assets | 22/27 | €52,626 | €199,972 | +€147,346 | +280.0% |
| Plant, machinery and equipment | 23 | €15,741 | €9,993 | -€5,748 | -36.5% |
| Furniture and vehicles | 24 | €16,757 | €179,404 | +€162,647 | +970.6% |
| Leasing and similar rights | 25 | €20,127 | €10,574 | -€9,553 | -47.5% |
| Current assets | 29/58 | €511,970 | €774,804 | +€262,834 | +51.3% |
| Stocks and contracts in progress | 3 | €338,969 | €732,217 | +€393,248 | +116.0% |
| Stocks | 30/36 | €338,969 | €732,217 | +€393,248 | +116.0% |
| Amounts receivable within one year | 40/41 | €24,419 | €24,198 | -€222 | -0.9% |
| Trade receivables | 40 | €21,483 | €24,120 | +€2,637 | +12.3% |
| Other amounts receivable | 41 | €2,936 | €78 | -€2,858 | -97.3% |
| Cash at bank and in hand | 54/58 | €145,938 | €16,256 | -€129,682 | -88.9% |
| Deferred charges and accrued income | 490/1 | €2,644 | €2,133 | -€511 | -19.3% |
| Total equity and liabilities | 10/49 | €564,595 | €974,775 | +€410,180 | +72.7% |
| Equity | 10/15 | €181,950 | €82,376 | -€99,574 | -54.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,350 | €163,350 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €56 | €56 | = | 0.0% |
| Distributable reserves | 133 | €161,434 | €161,434 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€99,574 | -€99,574 | |
| Amounts payable | 17/49 | €382,645 | €892,399 | +€509,754 | +133.2% |
| Amounts payable after more than one year | 17 | €23,135 | €87,412 | +€64,277 | +277.8% |
| Financial debts | 170/4 | €23,135 | €87,412 | +€64,277 | +277.8% |
| Amounts payable within one year | 42/48 | €359,511 | €804,987 | +€445,476 | +123.9% |
| Current portion of amounts payable after more than one year | 42 | €251,237 | €555,057 | +€303,820 | +120.9% |
| Trade debts | 44 | €34,544 | €36,682 | +€2,138 | +6.2% |
| Suppliers | 440/4 | €34,544 | €36,682 | +€2,138 | +6.2% |
| Advances received on contracts in progress | 46 | €17,561 | €1,247 | -€16,314 | -92.9% |
| Taxes, remuneration and social security | 45 | €3,275 | €1,251 | -€2,023 | -61.8% |
| Taxes | 450/3 | €3,275 | €1,251 | -€2,023 | -61.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €52,894 | €210,750 | +€157,855 | +298.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,084 | €30,471 | +€6,387 | +26.5% |
| Other operating charges | 640/8 | €2,157 | €3,446 | +€1,289 | +59.8% |
| Gross operating margin | 9900 | €228,288 | -€46,328 | -€274,617 | |
| Operating profit (loss) | 9901 | €202,047 | -€80,246 | -€282,293 | |
| Financial income | 75/76B | €0 | €15 | +€15 | |
| Recurring financial income | 75 | €0 | €15 | +€15 | |
| Financial charges | 65/66B | €25,210 | €19,343 | -€5,867 | -23.3% |
| Recurring financial charges | 65 | €25,210 | €19,343 | -€5,867 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €176,837 | -€99,574 | -€276,411 | |
| Income taxes | 67/77 | €27,078 | €0 | -€27,078 | -100.0% |
| Profit (loss) for the period | 9904 | €149,759 | -€99,574 | -€249,333 | |
| Profit (loss) for the period to be appropriated | 9905 | €149,759 | -€99,574 | -€249,333 |
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 7 October 2026 via checked.be.