DE GARDEROBE: 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 GARDEROBE
Largest movements
- Tangible fixed assets -€9,392
down €9,392 (-23.5%), from €39,932 to €30,540
of which Furniture and vehicles: -€6,240
- Cash -€5,615
down €5,615 (-17.9%), from €31,369 to €25,754
mainly Net result for the year (-€14,932) and Debts after one year (-€4,328)
- Receivables within one year -€2,807
down €2,807 (-73.1%), from €3,839 to €1,032
of which Other amounts receivable: -€3,107
- Profit (loss) carried forward -€14,932
down €14,932 (-48.9%), from €30,549 to €15,617
- Current portion of long-term debt +€6,288
up €6,288 (+152%), from €4,139 to €10,428
- Debts after one year -€4,328
down €4,328 (-59.1%), from €7,322 to €2,994
- Trade debts -€2,341
down €2,341 (-19.2%), from €12,170 to €9,829
- Other debts -€1,512
down €1,512 (-100%), from €1,512 to €0
- Depreciation +€3,969
up €3,969 (+47.3%), from €8,396 to €12,365
- Staff costs -€2,716
down €2,716 (-12.8%), from €21,245 to €18,528
- Gross operating margin -€2,703
down €2,703 (-11.6%), from €23,208 to €20,505
- Other operating charges -€1,308
down €1,308 (-36.2%), from €3,619 to €2,310
- Financial charges +€787
up €787 (+65.6%), from €1,201 to €1,988
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 | €78,912 | €61,755 | -€17,157 | -21.7% |
| Fixed assets | 21/28 | €42,641 | €33,249 | -€9,392 | -22.0% |
| Tangible fixed assets | 22/27 | €39,932 | €30,540 | -€9,392 | -23.5% |
| Plant, machinery and equipment | 23 | €4,022 | €3,768 | -€254 | -6.3% |
| Furniture and vehicles | 24 | €16,178 | €9,939 | -€6,240 | -38.6% |
| Other tangible fixed assets | 26 | €19,732 | €16,834 | -€2,898 | -14.7% |
| Financial fixed assets | 28 | €2,709 | €2,709 | = | 0.0% |
| Current assets | 29/58 | €36,271 | €28,506 | -€7,765 | -21.4% |
| Stocks and contracts in progress | 3 | €581 | €1,132 | +€550 | +94.7% |
| Stocks | 30/36 | €581 | €1,132 | +€550 | +94.7% |
| Amounts receivable within one year | 40/41 | €3,839 | €1,032 | -€2,807 | -73.1% |
| Trade receivables | 40 | €0 | €299 | +€299 | |
| Other amounts receivable | 41 | €3,839 | €733 | -€3,107 | -80.9% |
| Cash at bank and in hand | 54/58 | €31,369 | €25,754 | -€5,615 | -17.9% |
| Deferred charges and accrued income | 490/1 | €481 | €588 | +€107 | +22.2% |
| Total equity and liabilities | 10/49 | €78,912 | €61,755 | -€17,157 | -21.7% |
| Equity | 10/15 | €44,809 | €29,877 | -€14,932 | -33.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,549 | €15,617 | -€14,932 | -48.9% |
| Amounts payable | 17/49 | €34,103 | €31,878 | -€2,225 | -6.5% |
| Amounts payable after more than one year | 17 | €7,322 | €2,994 | -€4,328 | -59.1% |
| Financial debts | 170/4 | €7,322 | €2,994 | -€4,328 | -59.1% |
| Amounts payable within one year | 42/48 | €26,782 | €28,884 | +€2,103 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €4,139 | €10,428 | +€6,288 | +152% |
| Trade debts | 44 | €12,170 | €9,829 | -€2,341 | -19.2% |
| Suppliers | 440/4 | €12,170 | €9,829 | -€2,341 | -19.2% |
| Taxes, remuneration and social security | 45 | €8,960 | €8,627 | -€333 | -3.7% |
| Taxes | 450/3 | €6,983 | €7,241 | +€258 | +3.7% |
| Remuneration and social security | 454/9 | €1,978 | €1,386 | -€591 | -29.9% |
| Other amounts payable | 47/48 | €1,512 | €0 | -€1,512 | -100% |
| Remuneration, social security and pensions | 62 | €21,245 | €18,528 | -€2,716 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,396 | €12,365 | +€3,969 | +47.3% |
| Other operating charges | 640/8 | €3,619 | €2,310 | -€1,308 | -36.2% |
| Gross operating margin | 9900 | €23,208 | €20,505 | -€2,703 | -11.6% |
| Operating profit (loss) | 9901 | -€10,051 | -€12,699 | -€2,648 | -26.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -58.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -58.3% |
| Financial charges | 65/66B | €1,201 | €1,988 | +€787 | +65.6% |
| Recurring financial charges | 65 | €1,201 | €1,988 | +€787 | +65.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,251 | -€14,687 | -€3,436 | -30.5% |
| Income taxes | 67/77 | €192 | €245 | +€53 | +27.6% |
| Profit (loss) for the period | 9904 | -€11,444 | -€14,932 | -€3,489 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,444 | -€14,932 | -€3,489 | -30.5% |
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 16 October 2026 via checked.be.