DECONINCK: 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.
DECONINCK
Largest movements
- Tangible fixed assets -€150,102
down €150,102 (-15.7%), from €957,466 to €807,363
of which Plant, machinery and equipment: -€170,269
- Stocks and contracts +€141,162
up €141,162 (+272.8%), from €51,748 to €192,910
- Receivables within one year -€13,569
down €13,569 (-10.3%), from €131,700 to €118,131
of which Other amounts receivable: -€9,949
- Debts after one year -€94,816
down €94,816 (-20.4%), from €465,710 to €370,893
- Reserves +€48,500
up €48,500 (+15.8%), from €306,968 to €355,468
of which Distributable reserves: +€48,500
- Investment grants -€27,625
down €27,625 (-15.5%), from €178,375 to €150,750
- Other debts +€20,581
up €20,581 (+66.3%), from €31,045 to €51,626
- Trade debts +€19,579
up €19,579 (+596.2%), from €3,284 to €22,863
- Gross operating margin +€126,849
up €126,849 (+36.4%), from €348,042 to €474,892
- Turnover +€75,062
up €75,062 (+9.4%), from €796,267 to €871,329
- Purchases and services -€50,694
down €50,694 (-11.1%), from €458,067 to €407,373
- Taxes +€16,807
up €16,807 (+6722612.0%), from €0 to €16,807
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 | €1,231,706 | €1,214,254 | -€17,452 | -1.4% |
| Fixed assets | 21/28 | €957,736 | €807,633 | -€150,102 | -15.7% |
| Tangible fixed assets | 22/27 | €957,466 | €807,363 | -€150,102 | -15.7% |
| Land and buildings | 22 | €47,869 | €39,725 | -€8,144 | -17.0% |
| Plant, machinery and equipment | 23 | €896,913 | €726,643 | -€170,269 | -19.0% |
| Furniture and vehicles | 24 | €12,684 | €40,995 | +€28,310 | +223.2% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €273,970 | €406,620 | +€132,650 | +48.4% |
| Stocks and contracts in progress | 3 | €51,748 | €192,910 | +€141,162 | +272.8% |
| Stocks | 30/36 | €51,748 | €192,910 | +€141,162 | +272.8% |
| Amounts receivable within one year | 40/41 | €131,700 | €118,131 | -€13,569 | -10.3% |
| Trade receivables | 40 | €117,859 | €114,240 | -€3,620 | -3.1% |
| Other amounts receivable | 41 | €13,841 | €3,891 | -€9,949 | -71.9% |
| Cash at bank and in hand | 54/58 | €90,432 | €87,712 | -€2,720 | -3.0% |
| Deferred charges and accrued income | 490/1 | €90 | €7,868 | +€7,777 | +8606.9% |
| Total equity and liabilities | 10/49 | €1,231,706 | €1,214,254 | -€17,452 | -1.4% |
| Equity | 10/15 | €601,730 | €622,685 | +€20,955 | +3.5% |
| Contributions | 10/11 | €20,200 | €20,200 | = | 0.0% |
| Reserves | 13 | €306,968 | €355,468 | +€48,500 | +15.8% |
| Non-distributable reserves | 130/1 | €3,197 | €3,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,197 | €3,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €288,771 | €337,271 | +€48,500 | +16.8% |
| Profit (loss) carried forward | 14 | €96,187 | €96,268 | +€80 | +0.1% |
| Investment grants | 15 | €178,375 | €150,750 | -€27,625 | -15.5% |
| Amounts payable | 17/49 | €629,976 | €591,569 | -€38,407 | -6.1% |
| Amounts payable after more than one year | 17 | €465,710 | €370,893 | -€94,816 | -20.4% |
| Financial debts | 170/4 | €465,710 | €370,893 | -€94,816 | -20.4% |
| Amounts payable within one year | 42/48 | €164,266 | €220,675 | +€56,409 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €127,703 | €129,851 | +€2,148 | +1.7% |
| Trade debts | 44 | €3,284 | €22,863 | +€19,579 | +596.2% |
| Suppliers | 440/4 | €3,284 | €22,863 | +€19,579 | +596.2% |
| Taxes, remuneration and social security | 45 | €2,235 | €16,335 | +€14,101 | +631.1% |
| Taxes | 450/3 | - | €16,335 | +€16,335 | |
| Remuneration and social security | 454/9 | €2,235 | - | -€2,235 | |
| Other amounts payable | 47/48 | €31,045 | €51,626 | +€20,581 | +66.3% |
| Turnover | 70 | €796,267 | €871,329 | +€75,062 | +9.4% |
| Non-recurring operating income | 76A | €9,842 | €10,935 | +€1,093 | +11.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €458,067 | €407,373 | -€50,694 | -11.1% |
| Remuneration, social security and pensions | 62 | €155,691 | €163,510 | +€7,819 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,443 | €220,799 | +€6,356 | +3.0% |
| Other operating charges | 640/8 | €6,485 | €5,942 | -€544 | -8.4% |
| Gross operating margin | 9900 | €348,042 | €474,892 | +€126,849 | +36.4% |
| Operating profit (loss) | 9901 | -€28,577 | €84,641 | +€113,218 | |
| Financial income | 75/76B | €35,328 | €32,958 | -€2,370 | -6.7% |
| Recurring financial income | 75 | €27,626 | €27,638 | +€12 | 0.0% |
| Non-recurring financial income | 76B | €7,702 | €5,320 | -€2,382 | -30.9% |
| Financial charges | 65/66B | €22,175 | €17,212 | -€4,963 | -22.4% |
| Recurring financial charges | 65 | €22,175 | €17,212 | -€4,963 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,424 | €100,387 | +€115,811 | |
| Income taxes | 67/77 | €0 | €16,807 | +€16,807 | +6722612.0% |
| Profit (loss) for the period | 9904 | -€15,424 | €83,580 | +€99,004 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,424 | €83,580 | +€99,004 |
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 12 October 2026 via checked.be.