DE MENAGE: 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 MENAGE
Largest movements
- Cash -€113,174
down €113,174 (-74.4%), from €152,206 to €39,032
mainly Other debts (-€173,652) and Investment in fixed assets (net) (-€66,947)
- Tangible fixed assets +€27,320
up €27,320 (+3.3%), from €826,916 to €854,237
of which Furniture and vehicles: +€54,901
- Other debts -€173,652
down €173,652 (-97.8%), from €177,500 to €3,848
- Debts after one year +€113,717
up €113,717 (+19.5%), from €583,458 to €697,175
of which Other amounts payable: +€150,000
- Reserves -€25,000
down €25,000 (-7.5%), from €334,500 to €309,500
- Tax, wage and social debts -€13,829
down €13,829 (-77.9%), from €17,758 to €3,929
- Depreciation +€13,357
up €13,357 (+42.8%), from €31,212 to €44,569
- Gross operating margin +€13,004
up €13,004 (+56.4%), from €23,060 to €36,064
- Financial income +€654
up €654 (+23.0%), from €2,842 to €3,497
- Financial charges +€444
up €444 (+7.8%), from €5,679 to €6,123
- Staff costs -€438
no longer reported in 2025 (was €438)
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 | €1,205,861 | €1,119,394 | -€86,466 | -7.2% |
| Fixed assets | 21/28 | €833,237 | €855,614 | +€22,378 | +2.7% |
| Intangible fixed assets | 21 | €1,956 | €1,378 | -€578 | -29.6% |
| Tangible fixed assets | 22/27 | €826,916 | €854,237 | +€27,320 | +3.3% |
| Land and buildings | 22 | €819,139 | €792,139 | -€27,000 | -3.3% |
| Plant, machinery and equipment | 23 | €5,338 | €4,758 | -€580 | -10.9% |
| Furniture and vehicles | 24 | €2,440 | €57,340 | +€54,901 | +2,250% |
| Financial fixed assets | 28 | €4,365 | - | -€4,365 | |
| Current assets | 29/58 | €372,624 | €263,780 | -€108,844 | -29.2% |
| Amounts receivable within one year | 40/41 | €17,807 | €22,633 | +€4,825 | +27.1% |
| Trade receivables | 40 | €4,999 | €1,345 | -€3,654 | -73.1% |
| Other amounts receivable | 41 | €12,809 | €21,288 | +€8,479 | +66.2% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €152,206 | €39,032 | -€113,174 | -74.4% |
| Deferred charges and accrued income | 490/1 | €2,610 | €2,115 | -€495 | -19.0% |
| Total equity and liabilities | 10/49 | €1,205,861 | €1,119,394 | -€86,466 | -7.2% |
| Equity | 10/15 | €372,967 | €353,677 | -€19,290 | -5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €334,500 | €309,500 | -€25,000 | -7.5% |
| Distributable reserves | 133 | €334,500 | €309,500 | -€25,000 | -7.5% |
| Profit (loss) carried forward | 14 | €19,867 | €25,577 | +€5,710 | +28.7% |
| Amounts payable | 17/49 | €832,894 | €765,718 | -€67,176 | -8.1% |
| Amounts payable after more than one year | 17 | €583,458 | €697,175 | +€113,717 | +19.5% |
| Financial debts | 170/4 | €583,458 | €547,175 | -€36,284 | -6.2% |
| Other amounts payable | 178/9 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €249,435 | €68,543 | -€180,893 | -72.5% |
| Current portion of amounts payable after more than one year | 42 | €51,996 | €59,711 | +€7,715 | +14.8% |
| Trade debts | 44 | €2,181 | €1,055 | -€1,126 | -51.6% |
| Suppliers | 440/4 | €2,181 | €1,055 | -€1,126 | -51.6% |
| Taxes, remuneration and social security | 45 | €17,758 | €3,929 | -€13,829 | -77.9% |
| Taxes | 450/3 | €17,758 | €3,929 | -€13,829 | -77.9% |
| Other amounts payable | 47/48 | €177,500 | €3,848 | -€173,652 | -97.8% |
| Non-recurring operating income | 76A | €38,916 | - | -€38,916 | |
| Remuneration, social security and pensions | 62 | €438 | - | -€438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,212 | €44,569 | +€13,357 | +42.8% |
| Other operating charges | 640/8 | €7,871 | €7,810 | -€61 | -0.8% |
| Non-recurring operating charges | 66A | €717 | - | -€717 | |
| Gross operating margin | 9900 | €23,060 | €36,064 | +€13,004 | +56.4% |
| Operating profit (loss) | 9901 | -€17,177 | -€16,315 | +€863 | +5.0% |
| Financial income | 75/76B | €2,842 | €3,497 | +€654 | +23.0% |
| Recurring financial income | 75 | €2,842 | €3,497 | +€654 | +23.0% |
| Financial charges | 65/66B | €5,679 | €6,123 | +€444 | +7.8% |
| Recurring financial charges | 65 | €5,679 | €6,123 | +€444 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,014 | -€18,941 | +€1,072 | +5.4% |
| Income taxes | 67/77 | €164 | €349 | +€185 | +113% |
| Profit (loss) for the period | 9904 | -€20,177 | -€19,290 | +€887 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,177 | -€19,290 | +€887 | +4.4% |
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.