DEDOELDER FRANK: 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.
DEDOELDER FRANK
Largest movements
- Cash +€63,653
up €63,653 (+19.8%), from €321,849 to €385,502
mainly Net result for the year (+€59,039) and Other debts (+€36,149)
- Receivables within one year -€15,403
down €15,403 (-22.7%), from €67,908 to €52,504
of which Trade receivables: -€13,333
- Tangible fixed assets -€8,500
down €8,500 (-5.3%), from €160,061 to €151,561
of which Furniture and vehicles: -€5,066
- Other debts +€36,149
up €36,149 (+21.7%), from €166,582 to €202,731
- Accrued charges and deferred income +€20,995
new in 2025: €20,995
- Tax, wage and social debts +€11,736
up €11,736 (+237%), from €4,950 to €16,686
of which Taxes: +€12,671
- Reserves -€8,461
down €8,461 (-2.8%), from €298,543 to €290,081
- Debts after one year -€8,253
down €8,253 (-12.5%), from €65,805 to €57,551
- Gross operating margin +€32,996
up €32,996 (+25.3%), from €130,472 to €163,468
- Financial charges +€7,364
up €7,364 (+157%), from €4,677 to €12,041
- Taxes +€6,905
up €6,905 (+41.4%), from €16,686 to €23,591
- Financial income -€2,180
down €2,180 (-76.3%), from €2,856 to €676
From the 31-12-2024 result to the 31-12-2025 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
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €566,030 | €607,446 | +€41,416 | +7.3% |
| Fixed assets | 21/28 | €160,061 | €151,561 | -€8,500 | -5.3% |
| Tangible fixed assets | 22/27 | €160,061 | €151,561 | -€8,500 | -5.3% |
| Land and buildings | 22 | €153,760 | €150,326 | -€3,434 | -2.2% |
| Furniture and vehicles | 24 | €6,301 | €1,235 | -€5,066 | -80.4% |
| Current assets | 29/58 | €405,968 | €455,885 | +€49,916 | +12.3% |
| Stocks and contracts in progress | 3 | €12,134 | €13,917 | +€1,783 | +14.7% |
| Stocks | 30/36 | €12,134 | €13,917 | +€1,783 | +14.7% |
| Amounts receivable within one year | 40/41 | €67,908 | €52,504 | -€15,403 | -22.7% |
| Trade receivables | 40 | €57,449 | €44,116 | -€13,333 | -23.2% |
| Other amounts receivable | 41 | €10,458 | €8,388 | -€2,070 | -19.8% |
| Cash at bank and in hand | 54/58 | €321,849 | €385,502 | +€63,653 | +19.8% |
| Deferred charges and accrued income | 490/1 | €4,078 | €3,961 | -€116 | -2.9% |
| Total equity and liabilities | 10/49 | €566,030 | €607,446 | +€41,416 | +7.3% |
| Equity | 10/15 | €304,743 | €296,281 | -€8,461 | -2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €298,543 | €290,081 | -€8,461 | -2.8% |
| Distributable reserves | 133 | €298,543 | €290,081 | -€8,461 | -2.8% |
| Amounts payable | 17/49 | €261,287 | €311,164 | +€49,877 | +19.1% |
| Amounts payable after more than one year | 17 | €65,805 | €57,551 | -€8,253 | -12.5% |
| Financial debts | 170/4 | €65,805 | €57,551 | -€8,253 | -12.5% |
| Amounts payable within one year | 42/48 | €195,482 | €232,618 | +€37,135 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €11,548 | €8,253 | -€3,295 | -28.5% |
| Trade debts | 44 | €12,402 | €4,948 | -€7,454 | -60.1% |
| Suppliers | 440/4 | €12,402 | €4,948 | -€7,454 | -60.1% |
| Taxes, remuneration and social security | 45 | €4,950 | €16,686 | +€11,736 | +237% |
| Taxes | 450/3 | €4,015 | €16,686 | +€12,671 | +316% |
| Remuneration and social security | 454/9 | €935 | - | -€935 | |
| Other amounts payable | 47/48 | €166,582 | €202,731 | +€36,149 | +21.7% |
| Accrued charges and deferred income | 492/3 | - | €20,995 | +€20,995 | |
| Remuneration, social security and pensions | 62 | €59,553 | €58,629 | -€924 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,558 | €8,500 | -€1,058 | -11.1% |
| Other operating charges | 640/8 | €2,880 | €2,344 | -€536 | -18.6% |
| Gross operating margin | 9900 | €130,472 | €163,468 | +€32,996 | +25.3% |
| Operating profit (loss) | 9901 | €58,482 | €93,995 | +€35,513 | +60.7% |
| Financial income | 75/76B | €2,856 | €676 | -€2,180 | -76.3% |
| Recurring financial income | 75 | €2,856 | €676 | -€2,180 | -76.3% |
| Financial charges | 65/66B | €4,677 | €12,041 | +€7,364 | +157% |
| Recurring financial charges | 65 | €4,677 | €12,041 | +€7,364 | +157% |
| Profit (loss) for the period before taxes | 9903 | €56,661 | €82,630 | +€25,969 | +45.8% |
| Income taxes | 67/77 | €16,686 | €23,591 | +€6,905 | +41.4% |
| Profit (loss) for the period | 9904 | €39,974 | €59,039 | +€19,064 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,974 | €59,039 | +€19,064 | +47.7% |
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 30 October 2026 via checked.be.