DE PUTTER & CO: 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 PUTTER & CO
Largest movements
- Cash -€133,026
down €133,026 (-27.6%), from €482,621 to €349,595
mainly Contributions, distributions and other (-€430,000) and Other debts (-€371,936)
- Receivables within one year +€36,303
up €36,303 (+23.5%), from €154,291 to €190,595
of which Trade receivables: +€27,836
- Reserves +€538,173
up €538,173 (+153%), from €350,689 to €888,861
of which Distributable reserves: +€441,859
- Other debts -€371,936
down €371,936 (-46.0%), from €808,884 to €436,948
- Profit (loss) carried forward -€315,756
down €315,756 (-99.3%), from €318,091 to €2,336
- Trade debts +€27,049
up €27,049 (+40.5%), from €66,869 to €93,918
- Gross operating margin +€196,123
up €196,123 (+23.7%), from €826,715 to €1.0m
- Taxes +€32,398
up €32,398 (+17.4%), from €186,377 to €218,775
- Staff costs +€25,916
up €25,916 (+23.6%), from €109,796 to €135,712
- Financial income -€21,019
down €21,019 (-79.7%), from €26,375 to €5,356
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 | €1,638,634 | €1,515,794 | -€122,839 | -7.5% |
| Fixed assets | 21/28 | €142,202 | €129,783 | -€12,420 | -8.7% |
| Tangible fixed assets | 22/27 | €140,905 | €128,486 | -€12,420 | -8.8% |
| Land and buildings | 22 | €138,000 | €125,350 | -€12,650 | -9.2% |
| Plant, machinery and equipment | 23 | €1,758 | €1,245 | -€513 | -29.2% |
| Furniture and vehicles | 24 | €1,147 | €1,891 | +€744 | +64.8% |
| Financial fixed assets | 28 | €1,297 | €1,297 | = | 0.0% |
| Current assets | 29/58 | €1,496,432 | €1,386,012 | -€110,420 | -7.4% |
| Amounts receivable within one year | 40/41 | €154,291 | €190,595 | +€36,303 | +23.5% |
| Trade receivables | 40 | €145,491 | €173,327 | +€27,836 | +19.1% |
| Other amounts receivable | 41 | €8,800 | €17,268 | +€8,467 | +96.2% |
| Current investments | 50/53 | €851,253 | €835,350 | -€15,904 | -1.9% |
| Cash at bank and in hand | 54/58 | €482,621 | €349,595 | -€133,026 | -27.6% |
| Deferred charges and accrued income | 490/1 | €8,266 | €10,473 | +€2,207 | +26.7% |
| Total equity and liabilities | 10/49 | €1,638,634 | €1,515,794 | -€122,839 | -7.5% |
| Equity | 10/15 | €687,380 | €909,797 | +€222,417 | +32.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €350,689 | €888,861 | +€538,173 | +153% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €295,429 | €393,602 | +€98,173 | +33.2% |
| Distributable reserves | 133 | €53,400 | €495,259 | +€441,859 | +827% |
| Profit (loss) carried forward | 14 | €318,091 | €2,336 | -€315,756 | -99.3% |
| Provisions and deferred taxes | 16 | €43,732 | €40,088 | -€3,644 | -8.3% |
| Deferred taxes | 168 | €43,732 | €40,088 | -€3,644 | -8.3% |
| Amounts payable | 17/49 | €907,522 | €565,910 | -€341,612 | -37.6% |
| Amounts payable within one year | 42/48 | €907,522 | €565,910 | -€341,612 | -37.6% |
| Trade debts | 44 | €66,869 | €93,918 | +€27,049 | +40.5% |
| Suppliers | 440/4 | €66,869 | €93,918 | +€27,049 | +40.5% |
| Taxes, remuneration and social security | 45 | €31,769 | €35,043 | +€3,274 | +10.3% |
| Taxes | 450/3 | €18,809 | €19,335 | +€527 | +2.8% |
| Remuneration and social security | 454/9 | €12,960 | €15,708 | +€2,748 | +21.2% |
| Other amounts payable | 47/48 | €808,884 | €436,948 | -€371,936 | -46.0% |
| Remuneration, social security and pensions | 62 | €109,796 | €135,712 | +€25,916 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,634 | €13,766 | -€868 | -5.9% |
| Other operating charges | 640/8 | €6,712 | €6,677 | -€35 | -0.5% |
| Gross operating margin | 9900 | €826,715 | €1,022,838 | +€196,123 | +23.7% |
| Operating profit (loss) | 9901 | €695,574 | €866,683 | +€171,109 | +24.6% |
| Financial income | 75/76B | €26,375 | €5,356 | -€21,019 | -79.7% |
| Recurring financial income | 75 | €26,375 | €5,356 | -€21,019 | -79.7% |
| Financial charges | 65/66B | €349 | €4,491 | +€4,142 | +1,187% |
| Recurring financial charges | 65 | €349 | €4,491 | +€4,142 | +1,187% |
| Profit (loss) for the period before taxes | 9903 | €721,600 | €867,547 | +€145,948 | +20.2% |
| Transfer from deferred taxes | 780 | €3,644 | €3,644 | = | 0.0% |
| Income taxes | 67/77 | €186,377 | €218,775 | +€32,398 | +17.4% |
| Profit (loss) for the period | 9904 | €538,867 | €652,417 | +€113,550 | +21.1% |
| Transfer from tax-exempt reserves | 789 | €7,077 | €7,077 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €545,945 | €554,244 | +€8,300 | +1.5% |
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 20 October 2026 via checked.be.