DEDEYNE ENGINEERING: 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.
DEDEYNE ENGINEERING
Largest movements
- Receivables within one year -€1.1m
down €1.1m (-50.3%), from €2.1m to €1.0m
of which Trade receivables: -€1.1m
- Stocks and contracts +€218,630
up €218,630 (+10.4%), from €2.1m to €2.3m
of which Contracts in progress: +€218,630
- Tangible fixed assets -€100,662
down €100,662 (-7.7%), from €1.3m to €1.2m
of which Land and buildings: -€87,193
- Trade debts -€1.1m
down €1.1m (-57.5%), from €1.9m to €826,239
- Advances received +€425,998
up €425,998 (+53.7%), from €793,060 to €1.2m
- Profit (loss) carried forward -€239,571
down €239,571, from €1,260 to -€238,311
- Gross operating margin +€409,991
up €409,991 (+97.0%), from -€422,489 to -€12,498
- Financial charges -€30,929
down €30,929 (-34.3%), from €90,142 to €59,213
of which Financial charges: -€33,423
- Depreciation +€23,645
up €23,645 (+27.5%), from €86,085 to €109,730
- Staff costs +€14,966
up €14,966 (+60.7%), from €24,638 to €39,604
- Taxes +€14,153
up €14,153 (+5,989%), from €236 to €14,390
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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,551,098 | €4,614,269 | -€936,828 | -16.9% |
| Fixed assets | 21/28 | €1,317,871 | €1,217,209 | -€100,662 | -7.6% |
| Tangible fixed assets | 22/27 | €1,313,222 | €1,212,560 | -€100,662 | -7.7% |
| Land and buildings | 22 | €1,179,791 | €1,092,598 | -€87,193 | -7.4% |
| Plant, machinery and equipment | 23 | €3,481 | €1,499 | -€1,983 | -57.0% |
| Furniture and vehicles | 24 | - | €11,323 | +€11,323 | |
| Other tangible fixed assets | 26 | €129,949 | €107,140 | -€22,809 | -17.6% |
| Financial fixed assets | 28 | €4,649 | €4,649 | = | 0.0% |
| Current assets | 29/58 | €4,233,227 | €3,397,060 | -€836,166 | -19.8% |
| Stocks and contracts in progress | 3 | €2,102,148 | €2,320,777 | +€218,630 | +10.4% |
| Stocks | 30/36 | €7,631 | €7,631 | = | 0.0% |
| Contracts in progress | 37 | €2,094,516 | €2,313,146 | +€218,630 | +10.4% |
| Amounts receivable within one year | 40/41 | €2,089,387 | €1,037,509 | -€1.1m | -50.3% |
| Trade receivables | 40 | €1,979,517 | €840,982 | -€1.1m | -57.5% |
| Other amounts receivable | 41 | €109,870 | €196,527 | +€86,657 | +78.9% |
| Cash at bank and in hand | 54/58 | €29,310 | €15,312 | -€13,998 | -47.8% |
| Deferred charges and accrued income | 490/1 | €12,382 | €23,462 | +€11,080 | +89.5% |
| Total equity and liabilities | 10/49 | €5,551,098 | €4,614,269 | -€936,828 | -16.9% |
| Equity | 10/15 | €271,493 | €31,922 | -€239,571 | -88.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €208,233 | €208,233 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €145,783 | €145,783 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,260 | -€238,311 | -€239,571 | |
| Amounts payable | 17/49 | €5,279,604 | €4,582,347 | -€697,257 | -13.2% |
| Amounts payable after more than one year | 17 | €1,409,806 | €1,452,886 | +€43,080 | +3.1% |
| Financial debts | 170/4 | €531,986 | €556,986 | +€25,000 | +4.7% |
| Other amounts payable | 178/9 | €877,820 | €895,900 | +€18,080 | +2.1% |
| Amounts payable within one year | 42/48 | €3,800,021 | €3,104,461 | -€695,560 | -18.3% |
| Trade debts | 44 | €1,943,502 | €826,239 | -€1.1m | -57.5% |
| Suppliers | 440/4 | €1,943,502 | €826,239 | -€1.1m | -57.5% |
| Advances received on contracts in progress | 46 | €793,060 | €1,219,058 | +€425,998 | +53.7% |
| Taxes, remuneration and social security | 45 | €11,516 | €9,395 | -€2,121 | -18.4% |
| Taxes | 450/3 | €6,867 | €8,727 | +€1,860 | +27.1% |
| Remuneration and social security | 454/9 | €4,650 | €668 | -€3,982 | -85.6% |
| Other amounts payable | 47/48 | €1,051,942 | €1,049,769 | -€2,174 | -0.2% |
| Accrued charges and deferred income | 492/3 | €69,777 | €25,000 | -€44,777 | -64.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €24,638 | €39,604 | +€14,966 | +60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,085 | €109,730 | +€23,645 | +27.5% |
| Other operating charges | 640/8 | €8,042 | €14,860 | +€6,818 | +84.8% |
| Non-recurring operating charges | 66A | €4,501 | €0 | -€4,501 | -100% |
| Gross operating margin | 9900 | -€422,489 | -€12,498 | +€409,991 | +97.0% |
| Operating profit (loss) | 9901 | -€545,754 | -€176,691 | +€369,063 | +67.6% |
| Financial income | 75/76B | €4,332 | €10,723 | +€6,391 | +148% |
| Recurring financial income | 75 | €4,332 | €10,723 | +€6,391 | +148% |
| Financial charges | 65/66B | €90,142 | €59,213 | -€30,929 | -34.3% |
| Recurring financial charges | 65 | €86,725 | €53,302 | -€33,423 | -38.5% |
| Non-recurring financial charges | 66B | €3,417 | €5,911 | +€2,494 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | -€631,565 | -€225,182 | +€406,384 | +64.3% |
| Income taxes | 67/77 | €236 | €14,390 | +€14,153 | +5,989% |
| Profit (loss) for the period | 9904 | -€631,802 | -€239,571 | +€392,230 | +62.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€631,802 | -€239,571 | +€392,230 | +62.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.