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DE POORTER: 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.

What changed

DE POORTER

BE 0428.337.944
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,398
2024 · €41,555-€39,158
Equity
€605,952
2024 · €603,554+€2,398
Cash
€305,479
2024 · €18,474+€287,005
Balance sheet total
€631,591
2024 · €637,765-€6,174

Largest movements

2024 to 2025
Assets
  • Current investments -€300,000

    no longer reported in 2025 (was €300,000)

  • Cash +€287,005

    up €287,005 (+1553.5%), from €18,474 to €305,479

    mainly Current investments (+€300,000) and Net result for the year (+€2,398)

  • Receivables within one year +€6,821

    up €6,821 (+2.2%), from €316,316 to €323,137

    of which Other amounts receivable: +€6,821

Equity and liabilities
  • Tax, wage and social debts -€8,161

    down €8,161 (-97.1%), from €8,401 to €240

Income statement
  • Gross operating margin -€75,805

    down €75,805, from €74,381 to -€1,424

  • Taxes -€19,108

    down €19,108 (-94.5%), from €20,227 to €1,119

  • Write-downs -€17,007

    no longer reported in 2025 (was €17,007)

  • Financial income -€962

    down €962 (-15.5%), from €6,206 to €5,244

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €41,555
Gross operating margin -€75,805
Write-downs +€17,007
Other operating charges +€113
Other operating items +€1,469
Financial income -€962
Financial charges -€87
Taxes +€19,108
Result 2025 €2,398

Cash bridge derived

cash 2024 to 2025

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.

From operations -€12,995
Investment +€300,000
Financing €0
Cash 2024 €18,474
Net result for the year +€2,398
Receivables within one year -€6,821
Trade debts +€1,014
Tax, wage and social debts -€8,161
Other debts -€1,425
Current investments +€300,000
Cash 2025 €305,479
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €637,765 €631,591 -€6,174 -1.0%
Fixed assets 21/28 €2,975 €2,975 = 0.0%
Tangible fixed assets 22/27 €0 - =
Land and buildings 22 €0 - =
Financial fixed assets 28 €2,975 €2,975 = 0.0%
Current assets 29/58 €634,791 €628,616 -€6,174 -1.0%
Amounts receivable within one year 40/41 €316,316 €323,137 +€6,821 +2.2%
Trade receivables 40 €0 - =
Other amounts receivable 41 €316,316 €323,137 +€6,821 +2.2%
Current investments 50/53 €300,000 - -€300,000
Cash at bank and in hand 54/58 €18,474 €305,479 +€287,005 +1553.5%
Deferred charges and accrued income 490/1 €0 - =
Total equity and liabilities 10/49 €637,765 €631,591 -€6,174 -1.0%
Equity 10/15 €603,554 €605,952 +€2,398 +0.4%
Contributions 10/11 €75,000 €75,000 = 0.0%
Capital 10 €75,000 €75,000 = 0.0%
Issued capital 100 €75,000 €75,000 = 0.0%
Reserves 13 €528,554 €530,952 +€2,398 +0.5%
Non-distributable reserves 130/1 €7,500 €7,500 = 0.0%
Legal reserve 130 €7,500 €7,500 = 0.0%
Distributable reserves 133 €521,054 €523,452 +€2,398 +0.5%
Amounts payable 17/49 €34,211 €25,639 -€8,572 -25.1%
Amounts payable within one year 42/48 €34,211 €25,639 -€8,572 -25.1%
Trade debts 44 - €1,014 +€1,014
Suppliers 440/4 - €1,014 +€1,014
Taxes, remuneration and social security 45 €8,401 €240 -€8,161 -97.1%
Taxes 450/3 €8,401 €240 -€8,161 -97.1%
Other amounts payable 47/48 €25,810 €24,384 -€1,425 -5.5%
Non-recurring operating income 76A €85,369 - -€85,369
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €0 - =
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €17,007 - -€17,007
Other operating charges 640/8 €241 €128 -€113 -46.9%
Non-recurring operating charges 66A €1,469 - -€1,469
Gross operating margin 9900 €74,381 -€1,424 -€75,805
Operating profit (loss) 9901 €55,664 -€1,552 -€57,216
Financial income 75/76B €6,206 €5,244 -€962 -15.5%
Recurring financial income 75 €6,206 €5,244 -€962 -15.5%
Financial charges 65/66B €88 €175 +€87 +99.9%
Recurring financial charges 65 €88 €175 +€87 +99.9%
Profit (loss) for the period before taxes 9903 €61,782 €3,517 -€58,266 -94.3%
Income taxes 67/77 €20,227 €1,119 -€19,108 -94.5%
Profit (loss) for the period 9904 €41,555 €2,398 -€39,158 -94.2%
Profit (loss) for the period to be appropriated 9905 €41,555 €2,398 -€39,158 -94.2%

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 30 September 2026 via checked.be.