DEDEYNE PROJECTS: 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
DEDEYNE PROJECTS
NACE 41.001, General construction of residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€459
2024 · €49,725-€50,184
Equity
€6.7m
2024 · €6.7m-€459
Cash
€527,795
2024 · €535,222-€7,427
Balance sheet total
€13.6m
2024 · €13.7m-€105,162
Largest movements
Assets
- Receivables within one year +€780,637
up €780,637 (+93.2%), from €837,511 to €1.6m
of which Trade receivables: +€746,923
- Current investments -€600,000
down €600,000 (-23.1%), from €2.6m to €2.0m
- Stocks and contracts -€364,106
down €364,106 (-5.0%), from €7.3m to €6.9m
of which Contracts in progress: -€372,106
- Deferred charges and accrued income +€198,850
up €198,850 (+60.8%), from €326,832 to €525,682
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€55,908
down €55,908 (-54.3%), from €102,884 to €46,975
- Taxes -€15,802
down €15,802 (-84.0%), from €18,817 to €3,015
- Gross operating margin +€13,235
up €13,235 (+7.3%), from €181,287 to €194,521
- Provisions +€12,500
up €12,500, from -€12,500 to €0
- Other operating charges +€10,473
up €10,473 (+85.0%), from €12,327 to €22,800
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
€49,725
Gross operating margin
+€13,235
Depreciation
+€1,890
Provisions
-€12,500
Other operating charges
-€10,473
Financial income
-€55,908
Financial charges
-€2,229
Taxes
+€15,802
Result 2025
-€459
raises the resultlowers the result
Derived cash bridge
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
-€606,958
Investment
+€599,532
Financing
€0
Cash 2024
€535,222
From operations (derived)
-€606,958
Net result for the year
-€459
Depreciation
+€113,585
Stocks and contracts
+€364,106
Receivables within one year
-€780,637
Deferred charges and accrued income
-€198,850
Provisions
-€1,611
Trade debts
+€18,933
Tax, wage and social debts
-€136,261
Accrued charges and deferred income
+€14,236
Investment (derived)
+€599,532
Investment in fixed assets (net)
-€468
Current investments
+€600,000
Cash 2025
€527,795
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,723,981 | €13,618,819 | -€105,162 | -0.8% |
| Fixed assets | 21/28 | €2,128,878 | €2,015,761 | -€113,117 | -5.3% |
| Intangible fixed assets | 21 | €495 | €0 | -€495 | -100% |
| Tangible fixed assets | 22/27 | €2,126,632 | €2,015,761 | -€110,872 | -5.2% |
| Land and buildings | 22 | €2,057,476 | €1,958,687 | -€98,789 | -4.8% |
| Plant, machinery and equipment | 23 | €7,257 | €5,937 | -€1,320 | -18.2% |
| Furniture and vehicles | 24 | €26,343 | €19,294 | -€7,049 | -26.8% |
| Other tangible fixed assets | 26 | €35,558 | €31,843 | -€3,715 | -10.4% |
| Financial fixed assets | 28 | €1,750 | €0 | -€1,750 | -100% |
| Current assets | 29/58 | €11,595,103 | €11,603,058 | +€7,955 | +0.1% |
| Stocks and contracts in progress | 3 | €7,295,538 | €6,931,432 | -€364,106 | -5.0% |
| Stocks | 30/36 | €873,992 | €881,992 | +€8,000 | +0.9% |
| Contracts in progress | 37 | €6,421,546 | €6,049,440 | -€372,106 | -5.8% |
| Amounts receivable within one year | 40/41 | €837,511 | €1,618,148 | +€780,637 | +93.2% |
| Trade receivables | 40 | €817,613 | €1,564,536 | +€746,923 | +91.4% |
| Other amounts receivable | 41 | €19,898 | €53,612 | +€33,715 | +169% |
| Current investments | 50/53 | €2,600,000 | €2,000,000 | -€600,000 | -23.1% |
| Cash at bank and in hand | 54/58 | €535,222 | €527,795 | -€7,427 | -1.4% |
| Deferred charges and accrued income | 490/1 | €326,832 | €525,682 | +€198,850 | +60.8% |
| Total equity and liabilities | 10/49 | €13,723,981 | €13,618,819 | -€105,162 | -0.8% |
| Equity | 10/15 | €6,667,907 | €6,667,448 | -€459 | 0.0% |
| 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 | €6,605,907 | €6,605,448 | -€459 | 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 | €104,401 | €99,567 | -€4,834 | -4.6% |
| Distributable reserves | 133 | €6,495,306 | €6,499,680 | +€4,374 | +0.1% |
| Provisions and deferred taxes | 16 | €166,638 | €165,027 | -€1,611 | -1.0% |
| Provisions for liabilities and charges | 160/5 | €131,837 | €131,837 | = | 0.0% |
| Major repairs and maintenance | 162 | €131,837 | €131,837 | = | 0.0% |
| Deferred taxes | 168 | €34,800 | €33,189 | -€1,611 | -4.6% |
| Amounts payable | 17/49 | €6,889,436 | €6,786,344 | -€103,091 | -1.5% |
| Amounts payable after more than one year | 17 | €3,261,780 | €3,261,780 | = | 0.0% |
| Financial debts | 170/4 | €3,261,780 | €3,261,780 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,079,333 | €2,962,005 | -€117,328 | -3.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €623,732 | €642,665 | +€18,933 | +3.0% |
| Suppliers | 440/4 | €623,732 | €642,665 | +€18,933 | +3.0% |
| Taxes, remuneration and social security | 45 | €137,441 | €1,180 | -€136,261 | -99.1% |
| Taxes | 450/3 | €137,441 | €1,180 | -€136,261 | -99.1% |
| Other amounts payable | 47/48 | €2,318,160 | €2,318,160 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €548,323 | €562,559 | +€14,236 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,475 | €113,585 | -€1,890 | -1.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€12,500 | €0 | +€12,500 | |
| Other operating charges | 640/8 | €12,327 | €22,800 | +€10,473 | +85.0% |
| Gross operating margin | 9900 | €181,287 | €194,521 | +€13,235 | +7.3% |
| Operating profit (loss) | 9901 | €65,984 | €58,136 | -€7,849 | -11.9% |
| Financial income | 75/76B | €102,884 | €46,975 | -€55,908 | -54.3% |
| Recurring financial income | 75 | €102,884 | €46,975 | -€55,908 | -54.3% |
| Financial charges | 65/66B | €101,937 | €104,166 | +€2,229 | +2.2% |
| Recurring financial charges | 65 | €101,937 | €99,280 | -€2,657 | -2.6% |
| Non-recurring financial charges | 66B | - | €4,886 | +€4,886 | |
| Profit (loss) for the period before taxes | 9903 | €66,931 | €945 | -€65,986 | -98.6% |
| Transfer from deferred taxes | 780 | €1,611 | €1,611 | = | 0.0% |
| Income taxes | 67/77 | €18,817 | €3,015 | -€15,802 | -84.0% |
| Profit (loss) for the period | 9904 | €49,725 | -€459 | -€50,184 | |
| Transfer from tax-exempt reserves | 789 | €4,834 | €4,834 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,559 | €4,374 | -€50,184 | -92.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.