DE POORTER: 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.
What changed
DE POORTER
NACE 46.412, Wholesale of household textiles and bedding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€91,666
2024 · €39,016+€52,650
Equity
€1.4m
2024 · €842,477+€543,309
Cash
€39,089
2024 · €18,684+€20,405
Balance sheet total
€4.9m
2024 · €4.7m+€204,857
Largest movements
Assets
- Tangible fixed assets +€345,179
up €345,179 (+17.4%), from €2.0m to €2.3m
of which Land and buildings: +€345,209
- Financial fixed assets -€205,000
down €205,000 (-8.1%), from €2.5m to €2.3m
Equity and liabilities
- Short-term financial debts -€750,000
down €750,000 (-68.2%), from €1.1m to €350,000
- Reserves +€541,648
up €541,648 (+172%), from €314,000 to €855,648
of which Tax-exempt reserves: +€483,648
- Debts after one year +€456,548
up €456,548 (+20.7%), from €2.2m to €2.7m
- Provisions +€161,216
new in 2025: €161,216
- Other debts -€148,367
down €148,367 (-50.9%), from €291,559 to €143,191
Income statement
- Depreciation -€152,415
down €152,415 (-73.4%), from €207,626 to €55,211
- Financial charges +€98,664
up €98,664 (+528%), from €18,680 to €117,344
- Financial income +€78,001
up €78,001 (+27,857,396%), from €0 to €78,001
- Gross operating margin -€69,276
down €69,276 (-24.5%), from €282,332 to €213,056
- Taxes +€12,864
up €12,864 (+240%), from €5,355 to €18,219
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.
Result 2024
€39,016
Gross operating margin
-€69,276
Depreciation
+€152,415
Other operating charges
-€2,959
Financial income
+€78,001
Financial charges
-€98,664
Taxes
-€12,864
Deferred taxes and other
+€5,998
Result 2025
€91,666
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€82,171
Investment
-€195,391
Financing
+€133,624
Cash 2024
€18,684
From operations (derived)
+€82,171
Net result for the year
+€91,666
Depreciation
+€55,211
Receivables within one year
-€44,856
Deferred charges and accrued income
+€584
Provisions
+€161,216
Trade debts
-€3,846
Tax, wage and social debts
-€29,437
Other debts
-€148,367
Investment (derived)
-€195,391
Investment in fixed assets (net)
-€195,391
Financing
+€133,624
Debts after one year
+€456,548
Current portion of long-term debt
-€24,566
Short-term financial debts
-€750,000
Contributions, distributions and other
+€451,642
Cash 2025
€39,089
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,676,240 | €4,881,097 | +€204,857 | +4.4% |
| Fixed assets | 21/28 | €4,508,314 | €4,648,493 | +€140,179 | +3.1% |
| Tangible fixed assets | 22/27 | €1,985,416 | €2,330,595 | +€345,179 | +17.4% |
| Land and buildings | 22 | €1,985,387 | €2,330,595 | +€345,209 | +17.4% |
| Plant, machinery and equipment | 23 | €29 | - | -€29 | |
| Financial fixed assets | 28 | €2,522,898 | €2,317,898 | -€205,000 | -8.1% |
| Current assets | 29/58 | €167,926 | €232,603 | +€64,677 | +38.5% |
| Amounts receivable within one year | 40/41 | €130,447 | €175,303 | +€44,856 | +34.4% |
| Trade receivables | 40 | €123,864 | €174,439 | +€50,576 | +40.8% |
| Other amounts receivable | 41 | €6,583 | €864 | -€5,719 | -86.9% |
| Cash at bank and in hand | 54/58 | €18,684 | €39,089 | +€20,405 | +109% |
| Deferred charges and accrued income | 490/1 | €18,795 | €18,211 | -€584 | -3.1% |
| Total equity and liabilities | 10/49 | €4,676,240 | €4,881,097 | +€204,857 | +4.4% |
| Equity | 10/15 | €842,477 | €1,385,786 | +€543,309 | +64.5% |
| Contributions | 10/11 | €100,600 | €100,600 | = | 0.0% |
| Capital | 10 | €100,600 | €100,600 | = | 0.0% |
| Issued capital | 100 | €100,600 | €100,600 | = | 0.0% |
| Revaluation surpluses | 12 | €169,321 | €169,321 | = | 0.0% |
| Reserves | 13 | €314,000 | €855,648 | +€541,648 | +172% |
| Non-distributable reserves | 130/1 | €24,000 | €24,000 | = | 0.0% |
| Legal reserve | 130 | €24,000 | €24,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €483,648 | +€483,648 | |
| Distributable reserves | 133 | €290,000 | €348,000 | +€58,000 | +20.0% |
| Profit (loss) carried forward | 14 | €258,556 | €260,216 | +€1,660 | +0.6% |
| Provisions and deferred taxes | 16 | - | €161,216 | +€161,216 | |
| Deferred taxes | 168 | - | €161,216 | +€161,216 | |
| Amounts payable | 17/49 | €3,833,764 | €3,334,095 | -€499,668 | -13.0% |
| Amounts payable after more than one year | 17 | €2,210,351 | €2,666,899 | +€456,548 | +20.7% |
| Financial debts | 170/4 | €2,210,351 | €2,666,899 | +€456,548 | +20.7% |
| Amounts payable within one year | 42/48 | €1,623,412 | €667,196 | -€956,216 | -58.9% |
| Current portion of amounts payable after more than one year | 42 | €191,534 | €166,968 | -€24,566 | -12.8% |
| Financial debts | 43 | €1,100,000 | €350,000 | -€750,000 | -68.2% |
| Credit institutions | 430/8 | €1,100,000 | €350,000 | -€750,000 | -68.2% |
| Trade debts | 44 | €5,681 | €1,836 | -€3,846 | -67.7% |
| Suppliers | 440/4 | €5,681 | €1,836 | -€3,846 | -67.7% |
| Taxes, remuneration and social security | 45 | €34,638 | €5,201 | -€29,437 | -85.0% |
| Taxes | 450/3 | €29,138 | €5,201 | -€23,937 | -82.1% |
| Remuneration and social security | 454/9 | €5,500 | - | -€5,500 | |
| Other amounts payable | 47/48 | €291,559 | €143,191 | -€148,367 | -50.9% |
| Non-recurring operating income | 76A | €24,000 | - | -€24,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207,626 | €55,211 | -€152,415 | -73.4% |
| Other operating charges | 640/8 | €11,655 | €14,615 | +€2,959 | +25.4% |
| Gross operating margin | 9900 | €282,332 | €213,056 | -€69,276 | -24.5% |
| Operating profit (loss) | 9901 | €63,051 | €143,230 | +€80,180 | +127% |
| Financial income | 75/76B | €0 | €78,001 | +€78,001 | +27,857,396% |
| Recurring financial income | 75 | €0 | €78,001 | +€78,001 | +27,857,396% |
| Financial charges | 65/66B | €18,680 | €117,344 | +€98,664 | +528% |
| Recurring financial charges | 65 | €18,680 | €117,344 | +€98,664 | +528% |
| Profit (loss) for the period before taxes | 9903 | €44,371 | €103,887 | +€59,517 | +134% |
| Transfer from deferred taxes | 780 | - | €5,998 | +€5,998 | |
| Income taxes | 67/77 | €5,355 | €18,219 | +€12,864 | +240% |
| Profit (loss) for the period | 9904 | €39,016 | €91,666 | +€52,650 | +135% |
| Transfer from tax-exempt reserves | 789 | - | €17,994 | +€17,994 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,016 | €109,660 | +€70,644 | +181% |
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.