DEDECKER BEHEER: 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.
DEDECKER BEHEER
Largest movements
- Cash -€108,103
down €108,103 (-24.4%), from €442,170 to €334,066
mainly Debts after one year (-€157,917) and Current investments (-€43,986)
- Current investments +€43,986
up €43,986 (+17.6%), from €250,000 to €293,986
- Receivables within one year +€24,766
up €24,766 (+34.8%), from €71,203 to €95,970
of which Other amounts receivable: +€44,050
- Debts after one year -€157,917
down €157,917 (-47.8%), from €330,135 to €172,219
- Reserves +€123,517
up €123,517 (+11.1%), from €1.1m to €1.2m
- Financial income +€43,986
new in 2025: €43,986
- Gross operating margin -€22,997
down €22,997 (-14.1%), from €163,050 to €140,053
- Taxes +€6,479
up €6,479 (+14.4%), from €44,870 to €51,348
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 | €2,083,539 | €2,041,241 | -€42,298 | -2.0% |
| Fixed assets | 21/28 | €1,044,060 | €1,042,789 | -€1,271 | -0.1% |
| Tangible fixed assets | 22/27 | €1,044,042 | €1,042,771 | -€1,271 | -0.1% |
| Land and buildings | 22 | €1,020,610 | €1,020,610 | = | 0.0% |
| Plant, machinery and equipment | 23 | €19,740 | €18,294 | -€1,446 | -7.3% |
| Furniture and vehicles | 24 | €3,692 | €3,867 | +€175 | +4.7% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €1,039,478 | €998,452 | -€41,026 | -3.9% |
| Amounts receivable after more than one year | 29 | €274,291 | €272,321 | -€1,971 | -0.7% |
| Other amounts receivable | 291 | €274,291 | €272,321 | -€1,971 | -0.7% |
| Amounts receivable within one year | 40/41 | €71,203 | €95,970 | +€24,766 | +34.8% |
| Trade receivables | 40 | €29,924 | €10,640 | -€19,284 | -64.4% |
| Other amounts receivable | 41 | €41,280 | €85,330 | +€44,050 | +106.7% |
| Current investments | 50/53 | €250,000 | €293,986 | +€43,986 | +17.6% |
| Cash at bank and in hand | 54/58 | €442,170 | €334,066 | -€108,103 | -24.4% |
| Deferred charges and accrued income | 490/1 | €1,814 | €2,109 | +€295 | +16.3% |
| Total equity and liabilities | 10/49 | €2,083,539 | €2,041,241 | -€42,298 | -2.0% |
| Equity | 10/15 | €1,701,389 | €1,824,906 | +€123,517 | +7.3% |
| Contributions | 10/11 | €590,000 | €590,000 | = | 0.0% |
| Reserves | 13 | €1,111,389 | €1,234,906 | +€123,517 | +11.1% |
| Distributable reserves | 133 | €1,111,389 | €1,234,906 | +€123,517 | +11.1% |
| Amounts payable | 17/49 | €382,150 | €216,335 | -€165,815 | -43.4% |
| Amounts payable after more than one year | 17 | €330,135 | €172,219 | -€157,917 | -47.8% |
| Other amounts payable | 178/9 | €330,135 | €172,219 | -€157,917 | -47.8% |
| Amounts payable within one year | 42/48 | €52,015 | €44,116 | -€7,898 | -15.2% |
| Trade debts | 44 | €22,595 | €16,469 | -€6,126 | -27.1% |
| Suppliers | 440/4 | €22,595 | €16,469 | -€6,126 | -27.1% |
| Taxes, remuneration and social security | 45 | €29,419 | €27,647 | -€1,772 | -6.0% |
| Taxes | 450/3 | €29,419 | €27,647 | -€1,772 | -6.0% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,451 | €2,871 | -€1,580 | -35.5% |
| Other operating charges | 640/8 | €4,547 | €5,230 | +€682 | +15.0% |
| Gross operating margin | 9900 | €163,050 | €140,053 | -€22,997 | -14.1% |
| Operating profit (loss) | 9901 | €154,052 | €131,952 | -€22,099 | -14.3% |
| Financial income | 75/76B | - | €43,986 | +€43,986 | |
| Recurring financial income | 75 | - | €43,986 | +€43,986 | |
| Financial charges | 65/66B | €1,158 | €1,073 | -€85 | -7.4% |
| Recurring financial charges | 65 | €1,158 | €1,073 | -€85 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €152,894 | €174,866 | +€21,972 | +14.4% |
| Income taxes | 67/77 | €44,870 | €51,348 | +€6,479 | +14.4% |
| Profit (loss) for the period | 9904 | €108,024 | €123,517 | +€15,493 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €108,024 | €123,517 | +€15,493 | +14.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.