DE POST: 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 POST
Largest movements
- Receivables within one year +€22,712
up €22,712 (+7.7%), from €296,531 to €319,244
of which Other amounts receivable: +€18,889
- Cash +€15,174
up €15,174 (+62.1%), from €24,430 to €39,604
mainly Net result for the year (+€26,860) and Tax, wage and social debts (+€6,607)
- Tangible fixed assets -€5,237
down €5,237 (-70.3%), from €7,451 to €2,214
of which Plant, machinery and equipment: -€4,687
- Reserves +€26,860
up €26,860 (+12.5%), from €215,008 to €241,868
- Tax, wage and social debts +€6,607
up €6,607 (+14.6%), from €45,268 to €51,875
of which Taxes: +€10,005
- Gross operating margin -€212,458
down €212,458 (-72.7%), from €292,367 to €79,908
- Taxes -€201,724
down €201,724 (-93.2%), from €216,557 to €14,833
- Other operating charges -€8,526
down €8,526 (-79.0%), from €10,798 to €2,271
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 | €334,009 | €368,330 | +€34,321 | +10.3% |
| Fixed assets | 21/28 | €8,009 | €3,072 | -€4,937 | -61.6% |
| Tangible fixed assets | 22/27 | €7,451 | €2,214 | -€5,237 | -70.3% |
| Plant, machinery and equipment | 23 | €6,209 | €1,523 | -€4,687 | -75.5% |
| Furniture and vehicles | 24 | €1,241 | €691 | -€550 | -44.3% |
| Financial fixed assets | 28 | €558 | €858 | +€300 | +53.7% |
| Current assets | 29/58 | €326,000 | €365,258 | +€39,258 | +12.0% |
| Stocks and contracts in progress | 3 | €4,409 | €5,593 | +€1,184 | +26.9% |
| Stocks | 30/36 | €4,409 | €5,593 | +€1,184 | +26.9% |
| Amounts receivable within one year | 40/41 | €296,531 | €319,244 | +€22,712 | +7.7% |
| Trade receivables | 40 | - | €3,824 | +€3,824 | |
| Other amounts receivable | 41 | €296,531 | €315,420 | +€18,889 | +6.4% |
| Cash at bank and in hand | 54/58 | €24,430 | €39,604 | +€15,174 | +62.1% |
| Deferred charges and accrued income | 490/1 | €631 | €818 | +€187 | +29.7% |
| Total equity and liabilities | 10/49 | €334,009 | €368,330 | +€34,321 | +10.3% |
| Equity | 10/15 | €283,600 | €310,460 | +€26,860 | +9.5% |
| Contributions | 10/11 | €68,592 | €68,592 | = | 0.0% |
| Reserves | 13 | €215,008 | €241,868 | +€26,860 | +12.5% |
| Distributable reserves | 133 | €215,008 | €241,868 | +€26,860 | +12.5% |
| Amounts payable | 17/49 | €50,409 | €57,870 | +€7,461 | +14.8% |
| Amounts payable within one year | 42/48 | €50,409 | €57,870 | +€7,461 | +14.8% |
| Trade debts | 44 | €5,141 | €5,995 | +€854 | +16.6% |
| Suppliers | 440/4 | €5,141 | €5,995 | +€854 | +16.6% |
| Taxes, remuneration and social security | 45 | €45,268 | €51,875 | +€6,607 | +14.6% |
| Taxes | 450/3 | €33,734 | €43,739 | +€10,005 | +29.7% |
| Remuneration and social security | 454/9 | €11,534 | €8,136 | -€3,398 | -29.5% |
| Remuneration, social security and pensions | 62 | €29,139 | €29,861 | +€722 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,237 | €5,237 | -€0 | 0.0% |
| Other operating charges | 640/8 | €10,798 | €2,271 | -€8,526 | -79.0% |
| Gross operating margin | 9900 | €292,367 | €79,908 | -€212,458 | -72.7% |
| Operating profit (loss) | 9901 | €247,194 | €42,539 | -€204,654 | -82.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €732 | €846 | +€114 | +15.5% |
| Recurring financial charges | 65 | €732 | €846 | +€114 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €246,462 | €41,694 | -€204,768 | -83.1% |
| Income taxes | 67/77 | €216,557 | €14,833 | -€201,724 | -93.2% |
| Profit (loss) for the period | 9904 | €29,905 | €26,860 | -€3,044 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,905 | €26,860 | -€3,044 | -10.2% |
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 25 October 2026 via checked.be.