De Loecker AnesRea: 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 Loecker AnesRea
Largest movements
- Deferred charges and accrued income -€60,491
down €60,491 (-88.0%), from €68,721 to €8,230
- Receivables within one year +€37,778
up €37,778 (+53.2%), from €71,006 to €108,784
of which Trade receivables: +€76,558
- Cash +€7,238
up €7,238 (+25.2%), from €28,765 to €36,004
mainly Net result for the year (+€95,425) and Deferred charges and accrued income (+€60,491)
- Other debts -€111,081
down €111,081 (-98.7%), from €112,599 to €1,518
- Profit (loss) carried forward +€95,425
new in 2025: €95,425
- Current portion of long-term debt -€20,563
no longer reported in 2025 (was €20,563)
- Trade debts +€17,977
up €17,977 (+98.6%), from €18,240 to €36,216
- Gross operating margin -€27,763
down €27,763 (-19.3%), from €143,538 to €115,776
- Taxes -€11,831
down €11,831 (-37.1%), from €31,928 to €20,097
- Financial income -€2,539
down €2,539 (-49.1%), from €5,169 to €2,629
- Financial charges -€1,536
down €1,536 (-66.3%), from €2,318 to €782
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 | €170,937 | €154,364 | -€16,574 | -9.7% |
| Fixed assets | 21/28 | €2,445 | €1,346 | -€1,099 | -45.0% |
| Tangible fixed assets | 22/27 | €2,445 | €1,346 | -€1,099 | -45.0% |
| Furniture and vehicles | 24 | €2,445 | €1,346 | -€1,099 | -45.0% |
| Current assets | 29/58 | €168,492 | €153,018 | -€15,474 | -9.2% |
| Amounts receivable within one year | 40/41 | €71,006 | €108,784 | +€37,778 | +53.2% |
| Trade receivables | 40 | €213 | €76,771 | +€76,558 | +35,939% |
| Other amounts receivable | 41 | €70,793 | €32,013 | -€38,780 | -54.8% |
| Cash at bank and in hand | 54/58 | €28,765 | €36,004 | +€7,238 | +25.2% |
| Deferred charges and accrued income | 490/1 | €68,721 | €8,230 | -€60,491 | -88.0% |
| Total equity and liabilities | 10/49 | €170,937 | €154,364 | -€16,574 | -9.7% |
| Equity | 10/15 | €18,950 | €114,375 | +€95,425 | +504% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €14,950 | €14,950 | = | 0.0% |
| Distributable reserves | 133 | €14,950 | €14,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €95,425 | +€95,425 | |
| Amounts payable | 17/49 | €151,987 | €39,988 | -€111,999 | -73.7% |
| Amounts payable within one year | 42/48 | €151,987 | €39,988 | -€111,999 | -73.7% |
| Current portion of amounts payable after more than one year | 42 | €20,563 | - | -€20,563 | |
| Trade debts | 44 | €18,240 | €36,216 | +€17,977 | +98.6% |
| Suppliers | 440/4 | €18,240 | €36,216 | +€17,977 | +98.6% |
| Taxes, remuneration and social security | 45 | €585 | €2,254 | +€1,668 | +285% |
| Taxes | 450/3 | €585 | €2,254 | +€1,668 | +285% |
| Other amounts payable | 47/48 | €112,599 | €1,518 | -€111,081 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €899 | €1,099 | +€200 | +22.3% |
| Other operating charges | 640/8 | €963 | €1,002 | +€39 | +4.1% |
| Gross operating margin | 9900 | €143,538 | €115,776 | -€27,763 | -19.3% |
| Operating profit (loss) | 9901 | €141,677 | €113,675 | -€28,002 | -19.8% |
| Financial income | 75/76B | €5,169 | €2,629 | -€2,539 | -49.1% |
| Recurring financial income | 75 | €5,169 | €2,629 | -€2,539 | -49.1% |
| Financial charges | 65/66B | €2,318 | €782 | -€1,536 | -66.3% |
| Recurring financial charges | 65 | €2,318 | €782 | -€1,536 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €144,527 | €115,522 | -€29,005 | -20.1% |
| Income taxes | 67/77 | €31,928 | €20,097 | -€11,831 | -37.1% |
| Profit (loss) for the period | 9904 | €112,599 | €95,425 | -€17,174 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,599 | €95,425 | -€17,174 | -15.3% |
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 29 October 2026 via checked.be.