DECEUNINCK-PARENT: what changed
Two fiscal 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.
DECEUNINCK-PARENT
Largest movements
- Cash -€219,759
down €219,759 (-75.8%), from €289,834 to €70,075
mainly Contributions, distributions and other (-€342,930) and Other debts (-€221,066)
- Tangible fixed assets +€53,415
up €53,415 (+13.7%), from €389,946 to €443,361
of which Furniture and vehicles: +€53,862
- Receivables within one year +€24,835
up €24,835 (+8.5%), from €292,527 to €317,362
of which Other amounts receivable: +€47,274
- Other debts -€221,066
down €221,066 (-47.7%), from €463,220 to €242,154
- Profit (loss) carried forward +€35,094
up €35,094 (+35.1%), from €100,000 to €135,094
- Debts after one year +€15,897
up €15,897 (+7.9%), from €201,207 to €217,104
- Short-term financial debts +€12,915
up €12,915 (+22.6%), from €57,229 to €70,144
- Gross operating margin -€70,195
down €70,195 (-11.5%), from €612,668 to €542,473
- Taxes -€22,274
down €22,274 (-15.4%), from €145,000 to €122,726
- Depreciation +€11,761
up €11,761 (+68.0%), from €17,290 to €29,051
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €986,357 | €839,106 | -€147,251 | -14.9% |
| Fixed assets | 21/28 | €394,946 | €448,361 | +€53,415 | +13.5% |
| Tangible fixed assets | 22/27 | €389,946 | €443,361 | +€53,415 | +13.7% |
| Land and buildings | 22 | €329,640 | €317,192 | -€12,447 | -3.8% |
| Furniture and vehicles | 24 | €14,236 | €68,099 | +€53,862 | +378.4% |
| Other tangible fixed assets | 26 | €46,070 | €58,070 | +€12,000 | +26.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €591,411 | €390,745 | -€200,666 | -33.9% |
| Amounts receivable within one year | 40/41 | €292,527 | €317,362 | +€24,835 | +8.5% |
| Trade receivables | 40 | €129,478 | €107,039 | -€22,439 | -17.3% |
| Other amounts receivable | 41 | €163,050 | €210,324 | +€47,274 | +29.0% |
| Cash at bank and in hand | 54/58 | €289,834 | €70,075 | -€219,759 | -75.8% |
| Deferred charges and accrued income | 490/1 | €9,050 | €3,308 | -€5,742 | -63.4% |
| Total equity and liabilities | 10/49 | €986,357 | €839,106 | -€147,251 | -14.9% |
| Equity | 10/15 | €214,919 | €250,013 | +€35,094 | +16.3% |
| Contributions | 10/11 | €104,472 | €104,472 | = | 0.0% |
| Reserves | 13 | €10,447 | €10,447 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,447 | - | -€10,447 | |
| Reserves not available under the articles | 1311 | €10,447 | - | -€10,447 | |
| Distributable reserves | 133 | - | €10,447 | +€10,447 | |
| Profit (loss) carried forward | 14 | €100,000 | €135,094 | +€35,094 | +35.1% |
| Amounts payable | 17/49 | €771,438 | €589,093 | -€182,344 | -23.6% |
| Amounts payable after more than one year | 17 | €201,207 | €217,104 | +€15,897 | +7.9% |
| Financial debts | 170/4 | €201,207 | €217,104 | +€15,897 | +7.9% |
| Amounts payable within one year | 42/48 | €568,714 | €370,473 | -€198,241 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €14,039 | €14,321 | +€282 | +2.0% |
| Financial debts | 43 | €57,229 | €70,144 | +€12,915 | +22.6% |
| Credit institutions | 430/8 | €57,229 | €70,144 | +€12,915 | +22.6% |
| Trade debts | 44 | €117 | €928 | +€811 | +693.0% |
| Suppliers | 440/4 | €117 | €928 | +€811 | +693.0% |
| Taxes, remuneration and social security | 45 | €34,110 | €42,927 | +€8,817 | +25.8% |
| Taxes | 450/3 | €24,000 | €42,927 | +€18,927 | +78.9% |
| Remuneration and social security | 454/9 | €10,110 | - | -€10,110 | |
| Other amounts payable | 47/48 | €463,220 | €242,154 | -€221,066 | -47.7% |
| Accrued charges and deferred income | 492/3 | €1,516 | €1,516 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,290 | €29,051 | +€11,761 | +68.0% |
| Other operating charges | 640/8 | €940 | €1,939 | +€998 | +106.2% |
| Gross operating margin | 9900 | €612,668 | €542,473 | -€70,195 | -11.5% |
| Operating profit (loss) | 9901 | €594,438 | €511,483 | -€82,954 | -14.0% |
| Financial income | 75/76B | €74 | €5 | -€69 | -93.2% |
| Recurring financial income | 75 | €74 | €5 | -€69 | -93.2% |
| Financial charges | 65/66B | €8,494 | €10,739 | +€2,245 | +26.4% |
| Recurring financial charges | 65 | €8,494 | €10,739 | +€2,245 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €586,018 | €500,750 | -€85,268 | -14.6% |
| Income taxes | 67/77 | €145,000 | €122,726 | -€22,274 | -15.4% |
| Profit (loss) for the period | 9904 | €441,018 | €378,024 | -€62,994 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €441,018 | €378,024 | -€62,994 | -14.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.