DE PICKER: 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 PICKER
Largest movements
- Receivables within one year +€61,324
up €61,324 (+36.4%), from €168,610 to €229,934
of which Other amounts receivable: +€91,473
- Tangible fixed assets -€35,699
down €35,699 (-19.0%), from €188,167 to €152,468
of which Plant, machinery and equipment: -€18,306
- Deferred charges and accrued income +€8,224
up €8,224 (+11.6%), from €70,688 to €78,912
- Reserves +€20,500
up €20,500 (+6.3%), from €323,907 to €344,407
of which Distributable reserves: +€20,500
- Tax, wage and social debts +€11,079
up €11,079 (+42.5%), from €26,038 to €37,117
- Trade debts +€10,390
up €10,390 (+41.5%), from €25,025 to €35,415
- Debts after one year -€7,939
down €7,939 (-9.9%), from €80,532 to €72,593
- Gross operating margin +€27,172
up €27,172 (+37.8%), from €71,947 to €99,119
- Financial charges +€23,981
up €23,981 (+153.0%), from €15,677 to €39,658
- Depreciation +€15,643
up €15,643 (+74.9%), from €20,886 to €36,529
- Taxes -€4,173
down €4,173 (-32.2%), from €12,949 to €8,776
- Other operating charges +€1,817
up €1,817 (+267.3%), from €680 to €2,497
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €684,975 | €719,918 | +€34,943 | +5.1% |
| Fixed assets | 21/28 | €188,167 | €152,468 | -€35,699 | -19.0% |
| Tangible fixed assets | 22/27 | €188,167 | €152,468 | -€35,699 | -19.0% |
| Plant, machinery and equipment | 23 | €89,407 | €71,102 | -€18,306 | -20.5% |
| Furniture and vehicles | 24 | €4,733 | €2,977 | -€1,756 | -37.1% |
| Other tangible fixed assets | 26 | €94,027 | €78,389 | -€15,638 | -16.6% |
| Current assets | 29/58 | €496,808 | €567,449 | +€70,642 | +14.2% |
| Amounts receivable after more than one year | 29 | €225,000 | €225,000 | = | 0.0% |
| Other amounts receivable | 291 | €225,000 | €225,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €32,510 | €29,110 | -€3,400 | -10.5% |
| Stocks | 30/36 | €32,510 | €29,110 | -€3,400 | -10.5% |
| Amounts receivable within one year | 40/41 | €168,610 | €229,934 | +€61,324 | +36.4% |
| Trade receivables | 40 | €81,284 | €51,135 | -€30,150 | -37.1% |
| Other amounts receivable | 41 | €87,326 | €178,799 | +€91,473 | +104.7% |
| Current investments | 50/53 | - | €4,494 | +€4,494 | |
| Deferred charges and accrued income | 490/1 | €70,688 | €78,912 | +€8,224 | +11.6% |
| Total equity and liabilities | 10/49 | €684,975 | €719,918 | +€34,943 | +5.1% |
| Equity | 10/15 | €517,803 | €538,440 | +€20,637 | +4.0% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €323,907 | €344,407 | +€20,500 | +6.3% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,457 | €21,457 | = | 0.0% |
| Distributable reserves | 133 | €300,500 | €321,000 | +€20,500 | +6.8% |
| Profit (loss) carried forward | 14 | €174,396 | €174,533 | +€137 | +0.1% |
| Amounts payable | 17/49 | €167,172 | €181,478 | +€14,305 | +8.6% |
| Amounts payable after more than one year | 17 | €80,532 | €72,593 | -€7,939 | -9.9% |
| Financial debts | 170/4 | €80,532 | €72,593 | -€7,939 | -9.9% |
| Amounts payable within one year | 42/48 | €83,893 | €107,360 | +€23,467 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €11,602 | €9,843 | -€1,759 | -15.2% |
| Financial debts | 43 | €21,228 | €24,985 | +€3,757 | +17.7% |
| Credit institutions | 430/8 | €21,228 | €24,985 | +€3,757 | +17.7% |
| Trade debts | 44 | €25,025 | €35,415 | +€10,390 | +41.5% |
| Suppliers | 440/4 | €25,025 | €35,415 | +€10,390 | +41.5% |
| Taxes, remuneration and social security | 45 | €26,038 | €37,117 | +€11,079 | +42.5% |
| Taxes | 450/3 | €26,038 | €37,117 | +€11,079 | +42.5% |
| Accrued charges and deferred income | 492/3 | €2,747 | €1,524 | -€1,222 | -44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,886 | €36,529 | +€15,643 | +74.9% |
| Other operating charges | 640/8 | €680 | €2,497 | +€1,817 | +267.3% |
| Gross operating margin | 9900 | €71,947 | €99,119 | +€27,172 | +37.8% |
| Operating profit (loss) | 9901 | €50,381 | €60,092 | +€9,711 | +19.3% |
| Financial income | 75/76B | €9,296 | €8,980 | -€317 | -3.4% |
| Recurring financial income | 75 | €9,296 | €8,980 | -€317 | -3.4% |
| Financial charges | 65/66B | €15,677 | €39,658 | +€23,981 | +153.0% |
| Recurring financial charges | 65 | €15,677 | €39,658 | +€23,981 | +153.0% |
| Profit (loss) for the period before taxes | 9903 | €44,000 | €29,413 | -€14,587 | -33.2% |
| Income taxes | 67/77 | €12,949 | €8,776 | -€4,173 | -32.2% |
| Profit (loss) for the period | 9904 | €31,051 | €20,637 | -€10,414 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,051 | €20,637 | -€10,414 | -33.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.