DEBERGH JOHAN: 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.
DEBERGH JOHAN
Largest movements
- Stocks and contracts -€374,940
down €374,940 (-78.1%), from €479,940 to €105,000
of which Stocks: -€344,940
- Cash +€187,865
up €187,865 (+127.8%), from €147,035 to €334,900
mainly Stocks and contracts (+€374,940) and Net result for the year (+€166,549)
- Receivables within one year -€34,588
down €34,588 (-5.8%), from €595,954 to €561,366
of which Trade receivables: -€44,149
- Tangible fixed assets -€31,513
down €31,513 (-32.1%), from €98,191 to €66,678
of which Furniture and vehicles: -€24,279
- Reserves -€154,536
down €154,536 (-18.5%), from €834,141 to €679,605
- Other debts -€87,613
down €87,613 (-20.1%), from €436,912 to €349,299
- Staff costs -€42,840
down €42,840 (-14.8%), from €290,258 to €247,418
- Taxes +€12,010
up €12,010 (+19.9%), from €60,325 to €72,335
- Gross operating margin -€5,533
down €5,533 (-1.1%), from €523,769 to €518,236
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 | €1,335,692 | €1,088,644 | -€247,048 | -18.5% |
| Fixed assets | 21/28 | €98,991 | €67,478 | -€31,513 | -31.8% |
| Tangible fixed assets | 22/27 | €98,191 | €66,678 | -€31,513 | -32.1% |
| Land and buildings | 22 | €16,188 | €14,423 | -€1,764 | -10.9% |
| Plant, machinery and equipment | 23 | €16,230 | €10,760 | -€5,470 | -33.7% |
| Furniture and vehicles | 24 | €65,774 | €41,495 | -€24,279 | -36.9% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €1,236,700 | €1,021,166 | -€215,534 | -17.4% |
| Stocks and contracts in progress | 3 | €479,940 | €105,000 | -€374,940 | -78.1% |
| Stocks | 30/36 | €449,940 | €105,000 | -€344,940 | -76.7% |
| Contracts in progress | 37 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €595,954 | €561,366 | -€34,588 | -5.8% |
| Trade receivables | 40 | €589,231 | €545,082 | -€44,149 | -7.5% |
| Other amounts receivable | 41 | €6,723 | €16,283 | +€9,561 | +142.2% |
| Cash at bank and in hand | 54/58 | €147,035 | €334,900 | +€187,865 | +127.8% |
| Deferred charges and accrued income | 490/1 | €13,771 | €19,900 | +€6,129 | +44.5% |
| Total equity and liabilities | 10/49 | €1,335,692 | €1,088,644 | -€247,048 | -18.5% |
| Equity | 10/15 | €854,141 | €699,605 | -€154,536 | -18.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €834,141 | €679,605 | -€154,536 | -18.5% |
| Distributable reserves | 133 | €834,141 | €679,605 | -€154,536 | -18.5% |
| Amounts payable | 17/49 | €481,551 | €389,039 | -€92,512 | -19.2% |
| Amounts payable within one year | 42/48 | €480,314 | €382,342 | -€97,972 | -20.4% |
| Trade debts | 44 | €19,708 | €25,709 | +€6,001 | +30.4% |
| Suppliers | 440/4 | €19,708 | €25,709 | +€6,001 | +30.4% |
| Advances received on contracts in progress | 46 | €5,878 | - | -€5,878 | |
| Taxes, remuneration and social security | 45 | €17,817 | €7,335 | -€10,482 | -58.8% |
| Taxes | 450/3 | €17,817 | €7,335 | -€10,482 | -58.8% |
| Other amounts payable | 47/48 | €436,912 | €349,299 | -€87,613 | -20.1% |
| Accrued charges and deferred income | 492/3 | €1,236 | €6,697 | +€5,460 | +441.6% |
| Remuneration, social security and pensions | 62 | €290,258 | €247,418 | -€42,840 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,383 | €31,513 | +€1,130 | +3.7% |
| Other operating charges | 640/8 | €3,182 | €2,296 | -€885 | -27.8% |
| Non-recurring operating charges | 66A | €892 | - | -€892 | |
| Gross operating margin | 9900 | €523,769 | €518,236 | -€5,533 | -1.1% |
| Operating profit (loss) | 9901 | €199,054 | €237,008 | +€37,955 | +19.1% |
| Financial income | 75/76B | €2,094 | €2,894 | +€800 | +38.2% |
| Recurring financial income | 75 | €2,094 | €2,894 | +€800 | +38.2% |
| Financial charges | 65/66B | €2,373 | €1,019 | -€1,354 | -57.1% |
| Recurring financial charges | 65 | €2,373 | €1,019 | -€1,354 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €198,775 | €238,883 | +€40,109 | +20.2% |
| Income taxes | 67/77 | €60,325 | €72,335 | +€12,010 | +19.9% |
| Profit (loss) for the period | 9904 | €138,450 | €166,549 | +€28,099 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €138,450 | €166,549 | +€28,099 | +20.3% |
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 11 October 2026 via checked.be.