DEDECKER THOMAS: 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 THOMAS
Largest movements
- Stocks and contracts +€230,079
up €230,079 (+1769.8%), from €13,000 to €243,079
- Cash -€214,487
down €214,487 (-93.0%), from €230,589 to €16,103
mainly Stocks and contracts (-€230,079) and Receivables within one year (-€62,309)
- Receivables within one year +€62,309
up €62,309 (+255.6%), from €24,376 to €86,685
of which Trade receivables: +€63,413
- Tangible fixed assets +€5,457
up €5,457 (+26.4%), from €20,709 to €26,166
of which Furniture and vehicles: +€5,243
- Tax, wage and social debts +€55,165
up €55,165 (+2691.5%), from €2,050 to €57,214
of which Taxes: +€52,607
- Other debts +€36,914
up €36,914 (+38.1%), from €96,872 to €133,786
- Trade debts -€21,716
down €21,716 (-85.7%), from €25,335 to €3,619
- Reserves +€13,421
up €13,421 (+8.5%), from €157,793 to €171,214
of which Distributable reserves: +€13,421
- Gross operating margin -€12,366
down €12,366 (-21.0%), from €58,976 to €46,610
- Staff costs +€8,046
new in 2025: €8,046
- Taxes -€6,517
down €6,517 (-46.9%), from €13,888 to €7,371
- Financial charges +€2,329
up €2,329 (+35.7%), from €6,526 to €8,855
- Depreciation -€1,989
down €1,989 (-19.3%), from €10,328 to €8,339
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 | €288,675 | €372,033 | +€83,358 | +28.9% |
| Fixed assets | 21/28 | €20,709 | €26,166 | +€5,457 | +26.4% |
| Tangible fixed assets | 22/27 | €20,709 | €26,166 | +€5,457 | +26.4% |
| Plant, machinery and equipment | 23 | €8,378 | €8,592 | +€214 | +2.6% |
| Furniture and vehicles | 24 | €12,331 | €17,574 | +€5,243 | +42.5% |
| Current assets | 29/58 | €267,965 | €345,867 | +€77,901 | +29.1% |
| Stocks and contracts in progress | 3 | €13,000 | €243,079 | +€230,079 | +1769.8% |
| Stocks | 30/36 | €13,000 | €243,079 | +€230,079 | +1769.8% |
| Amounts receivable within one year | 40/41 | €24,376 | €86,685 | +€62,309 | +255.6% |
| Trade receivables | 40 | €20,616 | €84,029 | +€63,413 | +307.6% |
| Other amounts receivable | 41 | €3,760 | €2,656 | -€1,105 | -29.4% |
| Cash at bank and in hand | 54/58 | €230,589 | €16,103 | -€214,487 | -93.0% |
| Total equity and liabilities | 10/49 | €288,675 | €372,033 | +€83,358 | +28.9% |
| Equity | 10/15 | €163,993 | €177,414 | +€13,421 | +8.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €157,793 | €171,214 | +€13,421 | +8.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €732 | €732 | = | 0.0% |
| Distributable reserves | 133 | €155,201 | €168,621 | +€13,421 | +8.6% |
| Amounts payable | 17/49 | €124,682 | €194,619 | +€69,938 | +56.1% |
| Amounts payable within one year | 42/48 | €124,257 | €194,619 | +€70,363 | +56.6% |
| Trade debts | 44 | €25,335 | €3,619 | -€21,716 | -85.7% |
| Suppliers | 440/4 | €25,335 | €3,619 | -€21,716 | -85.7% |
| Taxes, remuneration and social security | 45 | €2,050 | €57,214 | +€55,165 | +2691.5% |
| Taxes | 450/3 | €2,050 | €54,657 | +€52,607 | +2566.7% |
| Remuneration and social security | 454/9 | - | €2,558 | +€2,558 | |
| Other amounts payable | 47/48 | €96,872 | €133,786 | +€36,914 | +38.1% |
| Accrued charges and deferred income | 492/3 | €425 | - | -€425 | |
| Non-recurring operating income | 76A | - | €1,305 | +€1,305 | |
| Remuneration, social security and pensions | 62 | - | €8,046 | +€8,046 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,328 | €8,339 | -€1,989 | -19.3% |
| Other operating charges | 640/8 | €564 | €578 | +€14 | +2.5% |
| Gross operating margin | 9900 | €58,976 | €46,610 | -€12,366 | -21.0% |
| Operating profit (loss) | 9901 | €48,084 | €29,646 | -€18,437 | -38.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | +120.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +120.0% |
| Financial charges | 65/66B | €6,526 | €8,855 | +€2,329 | +35.7% |
| Recurring financial charges | 65 | €6,526 | €8,855 | +€2,329 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | €41,557 | €20,792 | -€20,765 | -50.0% |
| Income taxes | 67/77 | €13,888 | €7,371 | -€6,517 | -46.9% |
| Profit (loss) for the period | 9904 | €27,669 | €13,421 | -€14,249 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,669 | €13,421 | -€14,249 | -51.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.