DECUEPER-LEFEBVRE: 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
DECUEPER-LEFEBVRE
NACE 01.500, Mixed farming
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€41,644
2024 · €29,672-€71,315
Equity
€691,811
2024 · €733,454-€41,644
Cash
€27,307
2024 · €28,671-€1,364
Balance sheet total
€2.0m
2024 · €2.2m-€210,245
Largest movements
Assets
- Tangible fixed assets -€139,594
down €139,594 (-7.8%), from €1.8m to €1.7m
of which Land and buildings: -€76,083
- Receivables within one year -€47,533
down €47,533 (-31.8%), from €149,453 to €101,920
Equity and liabilities
- Debts after one year -€88,519
down €88,519 (-19.1%), from €462,324 to €373,805
- Other debts -€57,670
down €57,670 (-7.7%), from €751,197 to €693,527
- Profit (loss) carried forward -€32,732
down €32,732 (-36.9%), from -€88,606 to -€121,338
Income statement
- Gross operating margin -€89,576
down €89,576 (-43.9%), from €204,098 to €114,522
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
€29,672
Gross operating margin
-€89,576
Depreciation
-€1,306
Other operating charges
+€55
Financial income
+€179
Financial charges
+€1,253
Taxes
+€493
Deferred taxes and other
+€17,587
Result 2025
-€41,644
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.
From operations
+€101,806
Investment
€0
Financing
-€103,170
Cash 2024
€28,671
From operations (derived)
+€101,806
Net result for the year
-€41,644
Depreciation
+€141,094
Stocks and contracts
+€12,100
Receivables within one year
+€47,533
Deferred charges and accrued income
+€8,154
Provisions
-€3,654
Trade debts
-€8,340
Tax, wage and social debts
+€4,232
Other debts
-€57,670
Financing
-€103,170
Debts after one year
-€88,519
Current portion of long-term debt
-€14,651
Cash 2025
€27,307
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,186,394 | €1,976,149 | -€210,245 | -9.6% |
| Fixed assets | 21/28 | €1,808,773 | €1,667,679 | -€141,094 | -7.8% |
| Intangible fixed assets | 21 | €1,500 | €0 | -€1,500 | -100.0% |
| Tangible fixed assets | 22/27 | €1,791,892 | €1,652,297 | -€139,594 | -7.8% |
| Land and buildings | 22 | €1,523,755 | €1,447,672 | -€76,083 | -5.0% |
| Plant, machinery and equipment | 23 | €164,584 | €136,563 | -€28,021 | -17.0% |
| Furniture and vehicles | 24 | €103,553 | €68,063 | -€35,490 | -34.3% |
| Financial fixed assets | 28 | €15,381 | €15,381 | = | 0.0% |
| Current assets | 29/58 | €377,621 | €308,470 | -€69,151 | -18.3% |
| Stocks and contracts in progress | 3 | €164,200 | €152,100 | -€12,100 | -7.4% |
| Stocks | 30/36 | €164,200 | €152,100 | -€12,100 | -7.4% |
| Amounts receivable within one year | 40/41 | €149,453 | €101,920 | -€47,533 | -31.8% |
| Trade receivables | 40 | €149,453 | €101,920 | -€47,533 | -31.8% |
| Cash at bank and in hand | 54/58 | €28,671 | €27,307 | -€1,364 | -4.8% |
| Deferred charges and accrued income | 490/1 | €35,297 | €27,143 | -€8,154 | -23.1% |
| Total equity and liabilities | 10/49 | €2,186,394 | €1,976,149 | -€210,245 | -9.6% |
| Equity | 10/15 | €733,454 | €691,811 | -€41,644 | -5.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €322,060 | €313,149 | -€8,911 | -2.8% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €232,060 | €223,149 | -€8,911 | -3.8% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,606 | -€121,338 | -€32,732 | -36.9% |
| Provisions and deferred taxes | 16 | €67,606 | €63,951 | -€3,654 | -5.4% |
| Deferred taxes | 168 | €67,606 | €63,951 | -€3,654 | -5.4% |
| Amounts payable | 17/49 | €1,385,334 | €1,220,387 | -€164,947 | -11.9% |
| Amounts payable after more than one year | 17 | €462,324 | €373,805 | -€88,519 | -19.1% |
| Financial debts | 170/4 | €462,324 | €373,805 | -€88,519 | -19.1% |
| Amounts payable within one year | 42/48 | €923,010 | €846,582 | -€76,428 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €103,170 | €88,519 | -€14,651 | -14.2% |
| Trade debts | 44 | €64,749 | €56,409 | -€8,340 | -12.9% |
| Suppliers | 440/4 | €64,749 | €56,409 | -€8,340 | -12.9% |
| Advances received on contracts in progress | 46 | €1,098 | €1,098 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,797 | €7,029 | +€4,232 | +151.3% |
| Taxes | 450/3 | €2,797 | €7,029 | +€4,232 | +151.3% |
| Other amounts payable | 47/48 | €751,197 | €693,527 | -€57,670 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,788 | €141,094 | +€1,306 | +0.9% |
| Other operating charges | 640/8 | €7,340 | €7,285 | -€55 | -0.7% |
| Gross operating margin | 9900 | €204,098 | €114,522 | -€89,576 | -43.9% |
| Operating profit (loss) | 9901 | €56,970 | -€33,857 | -€90,827 | |
| Financial income | 75/76B | €67 | €246 | +€179 | +267.7% |
| Recurring financial income | 75 | €67 | €246 | +€179 | +267.7% |
| Financial charges | 65/66B | €12,663 | €11,409 | -€1,253 | -9.9% |
| Recurring financial charges | 65 | €12,663 | €11,409 | -€1,253 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €44,374 | -€45,020 | -€89,395 | |
| Transfer from deferred taxes | 780 | €779 | €3,654 | +€2,875 | +369.2% |
| Transfer to deferred taxes | 680 | €14,711 | - | -€14,711 | |
| Income taxes | 67/77 | €770 | €278 | -€493 | -63.9% |
| Profit (loss) for the period | 9904 | €29,672 | -€41,644 | -€71,315 | |
| Transfer from tax-exempt reserves | 789 | €4,413 | €8,911 | +€4,498 | +101.9% |
| Transfer to tax-exempt reserves | 689 | €44,134 | - | -€44,134 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,049 | -€32,732 | -€22,683 | -225.7% |
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.