DEELSTRA BEHEER: 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.
DEELSTRA BEHEER
Largest movements
- Tangible fixed assets +€34,468
new in 2025: €34,468
of which Furniture and vehicles: +€33,243
- Cash -€25,406
down €25,406 (-11.5%), from €219,989 to €194,583
mainly Investment in fixed assets (net) (-€42,806) and Net result for the year (-€7,983)
- Other debts +€18,502
up €18,502 (+24.6%), from €75,354 to €93,857
- Financial income -€46,527
down €46,527 (-39.5%), from €117,924 to €71,397
- Taxes -€10,108
down €10,108 (-95.6%), from €10,578 to €471
- Gross operating margin +€8,608
up €8,608 (+37.7%), from -€22,845 to -€14,237
- Depreciation +€8,338
up €8,338, from €0 to €8,338
- Other operating charges -€6,376
down €6,376 (-21.6%), from €29,582 to €23,206
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 | €1,068,366 | €1,078,914 | +€10,548 | +1.0% |
| Fixed assets | 21/28 | - | €34,468 | +€34,468 | |
| Tangible fixed assets | 22/27 | - | €34,468 | +€34,468 | |
| Plant, machinery and equipment | 23 | - | €1,225 | +€1,225 | |
| Furniture and vehicles | 24 | - | €33,243 | +€33,243 | |
| Current assets | 29/58 | €1,068,366 | €1,044,446 | -€23,920 | -2.2% |
| Amounts receivable within one year | 40/41 | €747,581 | €747,927 | +€346 | 0.0% |
| Other amounts receivable | 41 | €747,581 | €747,927 | +€346 | 0.0% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €219,989 | €194,583 | -€25,406 | -11.5% |
| Deferred charges and accrued income | 490/1 | €796 | €1,936 | +€1,140 | +143.3% |
| Total equity and liabilities | 10/49 | €1,068,366 | €1,078,914 | +€10,548 | +1.0% |
| Equity | 10/15 | €530,991 | €523,007 | -€7,983 | -1.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €518,590 | €510,607 | -€7,983 | -1.5% |
| Distributable reserves | 133 | €518,590 | €510,607 | -€7,983 | -1.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €537,375 | €555,907 | +€18,532 | +3.4% |
| Amounts payable after more than one year | 17 | €450,523 | €450,523 | = | 0.0% |
| Financial debts | 170/4 | €450,523 | €450,523 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,852 | €105,384 | +€18,532 | +21.3% |
| Trade debts | 44 | €658 | €1,958 | +€1,300 | +197.5% |
| Suppliers | 440/4 | €658 | €1,958 | +€1,300 | +197.5% |
| Taxes, remuneration and social security | 45 | €10,840 | €9,569 | -€1,270 | -11.7% |
| Taxes | 450/3 | €10,840 | €9,569 | -€1,270 | -11.7% |
| Other amounts payable | 47/48 | €75,354 | €93,857 | +€18,502 | +24.6% |
| Non-recurring operating income | 76A | €1,158 | €1,227 | +€69 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €8,338 | +€8,338 | |
| Other operating charges | 640/8 | €29,582 | €23,206 | -€6,376 | -21.6% |
| Gross operating margin | 9900 | -€22,845 | -€14,237 | +€8,608 | +37.7% |
| Operating profit (loss) | 9901 | -€52,426 | -€45,781 | +€6,645 | +12.7% |
| Financial income | 75/76B | €117,924 | €71,397 | -€46,527 | -39.5% |
| Recurring financial income | 75 | €117,924 | €71,397 | -€46,527 | -39.5% |
| Financial charges | 65/66B | €37,377 | €33,128 | -€4,249 | -11.4% |
| Recurring financial charges | 65 | €37,377 | €33,128 | -€4,249 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €28,121 | -€7,513 | -€35,633 | |
| Income taxes | 67/77 | €10,578 | €471 | -€10,108 | -95.6% |
| Profit (loss) for the period | 9904 | €17,542 | -€7,983 | -€25,526 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,542 | -€7,983 | -€25,526 |
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 10 October 2026 via checked.be.