DECEUNINCK FLEXIBLE NETTINGS: 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
DECEUNINCK FLEXIBLE NETTINGS
NACE 22.120, Manufacture of rubber and plastic products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€156,766
2024 · €149,528+€7,238
Equity
€711,544
2024 · €554,778+€156,766
Cash
€1,003
2024 · €10,422-€9,419
Balance sheet total
€4.8m
2024 · €4.7m+€151,337
Largest movements
Assets
- Receivables within one year +€355,854
up €355,854 (+8.6%), from €4.1m to €4.5m
of which Other amounts receivable: +€350,244
- Receivables after one year -€160,000
down €160,000 (-100%), from €160,000 to €0
Equity and liabilities
- Reserves +€156,766
up €156,766 (+31.1%), from €504,778 to €661,544
of which Distributable reserves: +€161,766
Income statement
- Financial charges -€27,882
down €27,882 (-17.4%), from €159,786 to €131,905
- Gross operating margin -€21,708
down €21,708 (-15.2%), from €142,491 to €120,783
- Depreciation +€2,940
up €2,940 (+12.3%), from €23,890 to €26,830
- Financial income +€2,703
up €2,703 (+1.1%), from €245,937 to €248,640
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
€149,528
Gross operating margin
-€21,708
Depreciation
-€2,940
Other operating charges
+€478
Financial income
+€2,703
Financial charges
+€27,882
Taxes
+€823
Result 2025
€156,766
raises the resultlowers the result
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
+€10,052
Investment
€0
Financing
-€19,471
Cash 2024
€10,422
From operations (derived)
+€10,052
Net result for the year
+€156,766
Depreciation
+€26,830
Receivables after one year
+€160,000
Receivables within one year
-€355,854
Deferred charges and accrued income
+€8,269
Trade debts
+€2,788
Tax, wage and social debts
+€18,254
Accrued charges and deferred income
-€7,000
Financing
-€19,471
Debts after one year
-€21,695
Current portion of long-term debt
+€850
Short-term financial debts
+€1,374
Cash 2025
€1,003
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,664,784 | €4,816,120 | +€151,337 | +3.2% |
| Fixed assets | 21/28 | €110,262 | €83,432 | -€26,830 | -24.3% |
| Tangible fixed assets | 22/27 | €110,262 | €83,432 | -€26,830 | -24.3% |
| Furniture and vehicles | 24 | €110,262 | €83,432 | -€26,830 | -24.3% |
| Current assets | 29/58 | €4,554,521 | €4,732,688 | +€178,167 | +3.9% |
| Amounts receivable after more than one year | 29 | €160,000 | €0 | -€160,000 | -100% |
| Trade receivables | 290 | €160,000 | €0 | -€160,000 | -100% |
| Amounts receivable within one year | 40/41 | €4,124,376 | €4,480,230 | +€355,854 | +8.6% |
| Trade receivables | 40 | €5,440 | €11,050 | +€5,610 | +103% |
| Other amounts receivable | 41 | €4,118,936 | €4,469,180 | +€350,244 | +8.5% |
| Cash at bank and in hand | 54/58 | €10,422 | €1,003 | -€9,419 | -90.4% |
| Deferred charges and accrued income | 490/1 | €259,723 | €251,455 | -€8,269 | -3.2% |
| Total equity and liabilities | 10/49 | €4,664,784 | €4,816,120 | +€151,337 | +3.2% |
| Equity | 10/15 | €554,778 | €711,544 | +€156,766 | +28.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €504,778 | €661,544 | +€156,766 | +31.1% |
| Non-distributable reserves | 130/1 | €5,000 | €0 | -€5,000 | -100% |
| Reserves not available under the articles | 1311 | €5,000 | €0 | -€5,000 | -100% |
| Distributable reserves | 133 | €499,778 | €661,544 | +€161,766 | +32.4% |
| Amounts payable | 17/49 | €4,110,006 | €4,104,577 | -€5,429 | -0.1% |
| Amounts payable after more than one year | 17 | €96,409 | €74,714 | -€21,695 | -22.5% |
| Financial debts | 170/4 | €96,409 | €74,714 | -€21,695 | -22.5% |
| Amounts payable within one year | 42/48 | €4,006,597 | €4,029,863 | +€23,266 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €20,845 | €21,695 | +€850 | +4.1% |
| Financial debts | 43 | €3,925,000 | €3,926,374 | +€1,374 | 0.0% |
| Credit institutions | 430/8 | €3,925,000 | €3,926,374 | +€1,374 | 0.0% |
| Trade debts | 44 | €4,656 | €7,444 | +€2,788 | +59.9% |
| Suppliers | 440/4 | €4,656 | €7,444 | +€2,788 | +59.9% |
| Taxes, remuneration and social security | 45 | €56,095 | €74,349 | +€18,254 | +32.5% |
| Taxes | 450/3 | €56,095 | €74,349 | +€18,254 | +32.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €7,000 | €0 | -€7,000 | -100% |
| Non-recurring operating income | 76A | €10,008 | €0 | -€10,008 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,890 | €26,830 | +€2,940 | +12.3% |
| Other operating charges | 640/8 | €1,643 | €1,165 | -€478 | -29.1% |
| Gross operating margin | 9900 | €142,491 | €120,783 | -€21,708 | -15.2% |
| Operating profit (loss) | 9901 | €116,957 | €92,787 | -€24,170 | -20.7% |
| Financial income | 75/76B | €245,937 | €248,640 | +€2,703 | +1.1% |
| Recurring financial income | 75 | €245,937 | €248,640 | +€2,703 | +1.1% |
| Financial charges | 65/66B | €159,786 | €131,905 | -€27,882 | -17.4% |
| Recurring financial charges | 65 | €159,786 | €131,905 | -€27,882 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €203,107 | €209,523 | +€6,415 | +3.2% |
| Income taxes | 67/77 | €53,579 | €52,757 | -€823 | -1.5% |
| Profit (loss) for the period | 9904 | €149,528 | €156,766 | +€7,238 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €149,528 | €156,766 | +€7,238 | +4.8% |
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 21 October 2026 via checked.be.