DEFAYS D.: 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.
DEFAYS D.
Largest movements
- Cash -€335
down €335 (-54.6%), from €613 to €278
mainly Net result for the year (-€1,320) and Trade debts (-€189)
- Receivables within one year +€155
up €155 (+27.6%), from €561 to €715
- Deferred charges and accrued income -€69
down €69 (-36.5%), from €189 to €120
- Profit (loss) carried forward -€1,320
down €1,320 (-2.7%), from -€48,281 to -€49,601
- Debts after one year +€1,256
up €1,256 (+4.0%), from €31,183 to €32,439
- Trade debts -€189
down €189 (-90.4%), from €209 to €20
- Gross operating margin +€106
up €106 (+11.5%), from -€918 to -€812
- Staff costs -€67
down €67 (-37.1%), from €180 to €113
- Other operating charges -€51
down €51 (-11.4%), from €451 to €400
- Financial income +€50
new in 2025: €50
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 | €1,363 | €1,114 | -€249 | -18.3% |
| Current assets | 29/58 | €1,363 | €1,114 | -€249 | -18.3% |
| Amounts receivable within one year | 40/41 | €561 | €715 | +€155 | +27.6% |
| Other amounts receivable | 41 | €561 | €715 | +€155 | +27.6% |
| Cash at bank and in hand | 54/58 | €613 | €278 | -€335 | -54.6% |
| Deferred charges and accrued income | 490/1 | €189 | €120 | -€69 | -36.5% |
| Total equity and liabilities | 10/49 | €1,363 | €1,114 | -€249 | -18.3% |
| Equity | 10/15 | -€30,185 | -€31,505 | -€1,320 | -4.4% |
| Contributions | 10/11 | €17,477 | €17,477 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,281 | -€49,601 | -€1,320 | -2.7% |
| Amounts payable | 17/49 | €31,548 | €32,618 | +€1,070 | +3.4% |
| Amounts payable after more than one year | 17 | €31,183 | €32,439 | +€1,256 | +4.0% |
| Other amounts payable | 178/9 | €31,183 | €32,439 | +€1,256 | +4.0% |
| Amounts payable within one year | 42/48 | €209 | €20 | -€189 | -90.4% |
| Trade debts | 44 | €209 | €20 | -€189 | -90.4% |
| Suppliers | 440/4 | €209 | €20 | -€189 | -90.4% |
| Accrued charges and deferred income | 492/3 | €156 | €159 | +€3 | +2.0% |
| Remuneration, social security and pensions | 62 | €180 | €113 | -€67 | -37.1% |
| Other operating charges | 640/8 | €451 | €400 | -€51 | -11.4% |
| Gross operating margin | 9900 | -€918 | -€812 | +€106 | +11.5% |
| Operating profit (loss) | 9901 | -€1,549 | -€1,325 | +€224 | +14.5% |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,594 | -€1,320 | +€274 | +17.2% |
| Profit (loss) for the period | 9904 | -€1,594 | -€1,320 | +€274 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,594 | -€1,320 | +€274 | +17.2% |
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 20 October 2026 via checked.be.