DE REST: 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 REST
Largest movements
- Receivables within one year -€7,353
down €7,353 (-100.0%), from €7,353 to €0
- Deferred charges and accrued income +€5,903
up €5,903 (+3779.9%), from €156 to €6,059
- Tangible fixed assets -€1,404
down €1,404 (-43.9%), from €3,194 to €1,791
of which Plant, machinery and equipment: -€1,165
- Cash +€1,115
up €1,115 (+25.2%), from €4,417 to €5,532
mainly Receivables within one year (+€7,353) and Depreciation (+€1,404)
- Stocks and contracts +€466
up €466 (+12.5%), from €3,721 to €4,187
- Profit (loss) carried forward -€1,919
down €1,919 (-72.4%), from -€2,651 to -€4,570
- Tax, wage and social debts +€961
up €961 (+130.6%), from €736 to €1,697
- Trade debts -€316
down €316 (-4.5%), from €7,001 to €6,685
- Gross operating margin +€5,311
up €5,311, from -€2,951 to €2,360
- Other operating charges +€686
up €686 (+65.3%), from €1,051 to €1,737
- Depreciation -€336
down €336 (-19.3%), from €1,740 to €1,404
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
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 | €21,841 | €20,568 | -€1,273 | -5.8% |
| Fixed assets | 21/28 | €6,194 | €4,791 | -€1,404 | -22.7% |
| Tangible fixed assets | 22/27 | €3,194 | €1,791 | -€1,404 | -43.9% |
| Plant, machinery and equipment | 23 | €2,872 | €1,707 | -€1,165 | -40.6% |
| Furniture and vehicles | 24 | €322 | €83 | -€239 | -74.1% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €15,647 | €15,777 | +€130 | +0.8% |
| Stocks and contracts in progress | 3 | €3,721 | €4,187 | +€466 | +12.5% |
| Stocks | 30/36 | €3,721 | €4,187 | +€466 | +12.5% |
| Amounts receivable within one year | 40/41 | €7,353 | €0 | -€7,353 | -100.0% |
| Trade receivables | 40 | €7,353 | €0 | -€7,353 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,417 | €5,532 | +€1,115 | +25.2% |
| Deferred charges and accrued income | 490/1 | €156 | €6,059 | +€5,903 | +3779.9% |
| Total equity and liabilities | 10/49 | €21,841 | €20,568 | -€1,273 | -5.8% |
| Equity | 10/15 | €13,922 | €12,003 | -€1,919 | -13.8% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €9,073 | €9,073 | = | 0.0% |
| Distributable reserves | 133 | €9,073 | €9,073 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,651 | -€4,570 | -€1,919 | -72.4% |
| Amounts payable | 17/49 | €7,919 | €8,564 | +€645 | +8.2% |
| Amounts payable within one year | 42/48 | €7,919 | €8,564 | +€645 | +8.2% |
| Trade debts | 44 | €7,001 | €6,685 | -€316 | -4.5% |
| Suppliers | 440/4 | €7,001 | €6,685 | -€316 | -4.5% |
| Taxes, remuneration and social security | 45 | €736 | €1,697 | +€961 | +130.6% |
| Taxes | 450/3 | €736 | €1,697 | +€961 | +130.6% |
| Other amounts payable | 47/48 | €182 | €182 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,740 | €1,404 | -€336 | -19.3% |
| Other operating charges | 640/8 | €1,051 | €1,737 | +€686 | +65.3% |
| Gross operating margin | 9900 | -€2,951 | €2,360 | +€5,311 | |
| Operating profit (loss) | 9901 | -€5,741 | -€781 | +€4,960 | +86.4% |
| Financial charges | 65/66B | €1,157 | €1,138 | -€19 | -1.6% |
| Recurring financial charges | 65 | €1,157 | €1,138 | -€19 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,898 | -€1,919 | +€4,980 | +72.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€6,898 | -€1,919 | +€4,980 | +72.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,898 | -€1,919 | +€4,980 | +72.2% |
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 9 October 2026 via checked.be.