DEFAUX Gestion: 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.
DEFAUX Gestion
Largest movements
- Intangible fixed assets -€18,497
down €18,497 (-72.8%), from €25,399 to €6,903
- Receivables within one year -€8,834
down €8,834 (-44.6%), from €19,810 to €10,976
of which Other amounts receivable: -€4,886
- Cash +€7,438
up €7,438 (+16.6%), from €44,729 to €52,167
mainly Other debts (+€32,815) and Depreciation (+€19,903)
- Profit (loss) carried forward -€52,076
down €52,076, from €45,616 to -€6,460
- Other debts +€32,815
up €32,815 (+279%), from €11,745 to €44,559
- Financial charges +€13,067
up €13,067 (+32.2%), from €40,624 to €53,690
- Gross operating margin -€3,155
down €3,155 (-6.2%), from €51,096 to €47,942
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 | €97,850 | €78,462 | -€19,388 | -19.8% |
| Fixed assets | 21/28 | €31,302 | €12,634 | -€18,668 | -59.6% |
| Intangible fixed assets | 21 | €25,399 | €6,903 | -€18,497 | -72.8% |
| Tangible fixed assets | 22/27 | €5,196 | €5,022 | -€173 | -3.3% |
| Furniture and vehicles | 24 | €3,009 | €3,124 | +€114 | +3.8% |
| Other tangible fixed assets | 26 | €2,186 | €1,899 | -€287 | -13.1% |
| Financial fixed assets | 28 | €708 | €709 | +€1 | +0.2% |
| Current assets | 29/58 | €66,548 | €65,828 | -€719 | -1.1% |
| Amounts receivable within one year | 40/41 | €19,810 | €10,976 | -€8,834 | -44.6% |
| Trade receivables | 40 | €9,957 | €6,009 | -€3,949 | -39.7% |
| Other amounts receivable | 41 | €9,853 | €4,967 | -€4,886 | -49.6% |
| Cash at bank and in hand | 54/58 | €44,729 | €52,167 | +€7,438 | +16.6% |
| Deferred charges and accrued income | 490/1 | €2,008 | €2,685 | +€677 | +33.7% |
| Total equity and liabilities | 10/49 | €97,850 | €78,462 | -€19,388 | -19.8% |
| Equity | 10/15 | €70,365 | €18,288 | -€52,076 | -74.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,548 | €18,548 | = | 0.0% |
| Distributable reserves | 133 | €18,548 | €18,548 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,616 | -€6,460 | -€52,076 | |
| Amounts payable | 17/49 | €27,486 | €60,174 | +€32,688 | +119% |
| Amounts payable within one year | 42/48 | €27,086 | €59,989 | +€32,902 | +121% |
| Current portion of amounts payable after more than one year | 42 | €1,698 | €1,686 | -€12 | -0.7% |
| Financial debts | 43 | €1,379 | €839 | -€540 | -39.2% |
| Credit institutions | 430/8 | €1,379 | €839 | -€540 | -39.2% |
| Trade debts | 44 | €1,821 | €1,925 | +€104 | +5.7% |
| Suppliers | 440/4 | €1,821 | €1,925 | +€104 | +5.7% |
| Taxes, remuneration and social security | 45 | €10,444 | €10,979 | +€536 | +5.1% |
| Taxes | 450/3 | €6,143 | €7,001 | +€857 | +14.0% |
| Remuneration and social security | 454/9 | €4,300 | €3,979 | -€321 | -7.5% |
| Other amounts payable | 47/48 | €11,745 | €44,559 | +€32,815 | +279% |
| Accrued charges and deferred income | 492/3 | €399 | €185 | -€214 | -53.6% |
| Remuneration, social security and pensions | 62 | €22,156 | €21,891 | -€265 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,626 | €19,903 | +€276 | +1.4% |
| Other operating charges | 640/8 | €5,335 | €4,902 | -€434 | -8.1% |
| Gross operating margin | 9900 | €51,096 | €47,942 | -€3,155 | -6.2% |
| Operating profit (loss) | 9901 | €3,979 | €1,246 | -€2,733 | -68.7% |
| Financial income | 75/76B | €637 | €501 | -€136 | -21.4% |
| Recurring financial income | 75 | €637 | €501 | -€136 | -21.4% |
| Financial charges | 65/66B | €40,624 | €53,690 | +€13,067 | +32.2% |
| Recurring financial charges | 65 | €40,624 | €53,690 | +€13,067 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | -€36,008 | -€51,943 | -€15,935 | -44.3% |
| Income taxes | 67/77 | €138 | €133 | -€5 | -3.8% |
| Profit (loss) for the period | 9904 | -€36,146 | -€52,076 | -€15,930 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,146 | -€52,076 | -€15,930 | -44.1% |
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 29 October 2026 via checked.be.