Defactum: 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.
Defactum
Largest movements
- Deferred charges and accrued income -€33,380
no longer reported in 2025 (was €33,380)
- Cash +€12,333
up €12,333 (+138%), from €8,917 to €21,249
mainly Deferred charges and accrued income (+€33,380) and Net result for the year (+€2,964)
- Tangible fixed assets +€6,051
up €6,051 (+139%), from €4,366 to €10,417
- Receivables within one year +€5,648
up €5,648 (+29.0%), from €19,462 to €25,110
of which Trade receivables: +€6,039
- Other debts -€9,279
no longer reported in 2025 (was €9,279)
- Tax, wage and social debts -€3,034
down €3,034 (-15.8%), from €19,227 to €16,193
of which Remuneration and social security: -€3,023
- Profit (loss) carried forward +€2,964
up €2,964 (+9.1%), from €32,619 to €35,583
- Turnover -€181,305
no longer reported in 2025 (was €181,305)
- Purchases and services -€107,783
no longer reported in 2025 (was €107,783)
- Gross operating margin -€45,164
down €45,164 (-50.1%), from €90,189 to €45,025
- Staff costs -€12,404
down €12,404 (-26.8%), from €46,240 to €33,836
- Taxes -€5,929
down €5,929 (-67.3%), from €8,816 to €2,886
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
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 | €66,124 | €56,776 | -€9,348 | -14.1% |
| Fixed assets | 21/28 | €4,366 | €10,417 | +€6,051 | +139% |
| Tangible fixed assets | 22/27 | €4,366 | €10,417 | +€6,051 | +139% |
| Furniture and vehicles | 24 | €4,366 | €10,417 | +€6,051 | +139% |
| Current assets | 29/58 | €61,759 | €46,360 | -€15,399 | -24.9% |
| Amounts receivable within one year | 40/41 | €19,462 | €25,110 | +€5,648 | +29.0% |
| Trade receivables | 40 | €7,071 | €13,110 | +€6,039 | +85.4% |
| Other amounts receivable | 41 | €12,391 | €12,000 | -€391 | -3.2% |
| Cash at bank and in hand | 54/58 | €8,917 | €21,249 | +€12,333 | +138% |
| Deferred charges and accrued income | 490/1 | €33,380 | - | -€33,380 | |
| Total equity and liabilities | 10/49 | €66,124 | €56,776 | -€9,348 | -14.1% |
| Equity | 10/15 | €37,619 | €40,583 | +€2,964 | +7.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €32,619 | €35,583 | +€2,964 | +9.1% |
| Amounts payable | 17/49 | €28,505 | €16,193 | -€12,313 | -43.2% |
| Amounts payable within one year | 42/48 | €28,505 | €16,193 | -€12,313 | -43.2% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €19,227 | €16,193 | -€3,034 | -15.8% |
| Taxes | 450/3 | €14,655 | €14,643 | -€11 | -0.1% |
| Remuneration and social security | 454/9 | €4,572 | €1,550 | -€3,023 | -66.1% |
| Other amounts payable | 47/48 | €9,279 | - | -€9,279 | |
| Turnover | 70 | €181,305 | - | -€181,305 | |
| Goods, raw materials, services and sundry goods | 60/61 | €107,783 | - | -€107,783 | |
| Remuneration, social security and pensions | 62 | €46,240 | €33,836 | -€12,404 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €606 | €1,382 | +€776 | +128% |
| Other operating charges | 640/8 | €1,654 | €3,398 | +€1,744 | +105% |
| Gross operating margin | 9900 | €90,189 | €45,025 | -€45,164 | -50.1% |
| Operating profit (loss) | 9901 | €41,689 | €6,409 | -€35,280 | -84.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €254 | €558 | +€304 | +120% |
| Recurring financial charges | 65 | €254 | €558 | +€304 | +120% |
| Profit (loss) for the period before taxes | 9903 | €41,434 | €5,851 | -€35,584 | -85.9% |
| Income taxes | 67/77 | €8,816 | €2,886 | -€5,929 | -67.3% |
| Profit (loss) for the period | 9904 | €32,619 | €2,964 | -€29,655 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,619 | €2,964 | -€29,655 | -90.9% |
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 13 October 2026 via checked.be.