DEFINESSE: 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.
DEFINESSE
Largest movements
- Deferred charges and accrued income +€43,718
up €43,718 (+2862.9%), from €1,527 to €45,245
- Tangible fixed assets -€23,640
down €23,640 (-13.3%), from €177,187 to €153,547
of which Furniture and vehicles: -€17,724
- Receivables within one year +€4,395
up €4,395 (+68.4%), from €6,422 to €10,817
of which Other amounts receivable: +€2,336
- Stocks and contracts -€4,000
down €4,000 (-100.0%), from €4,000 to €0
- Cash -€3,996
down €3,996 (-28.5%), from €14,045 to €10,049
mainly Deferred charges and accrued income (-€43,718) and Tax, wage and social debts (-€24,242)
- Advances received +€46,642
up €46,642 (+240.3%), from €19,410 to €66,052
- Tax, wage and social debts -€24,242
down €24,242 (-95.0%), from €25,524 to €1,282
of which Taxes: -€24,242
- Other debts +€13,400
up €13,400 (+32.2%), from €41,637 to €55,037
- Trade debts -€12,114
down €12,114 (-69.1%), from €17,539 to €5,426
- Current portion of long-term debt -€5,111
down €5,111 (-83.2%), from €6,141 to €1,030
- Gross operating margin -€20,384
down €20,384 (-39.3%), from €51,927 to €31,543
- Depreciation +€6,673
up €6,673 (+26.8%), from €24,946 to €31,619
- Taxes -€5,624
down €5,624 (-100.0%), from €5,624 to €0
- Other operating charges -€735
down €735 (-47.3%), from €1,555 to €820
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 | €203,181 | €219,657 | +€16,476 | +8.1% |
| Fixed assets | 21/28 | €177,187 | €153,547 | -€23,640 | -13.3% |
| Tangible fixed assets | 22/27 | €177,187 | €153,547 | -€23,640 | -13.3% |
| Land and buildings | 22 | €65,644 | €67,898 | +€2,254 | +3.4% |
| Plant, machinery and equipment | 23 | €23,377 | €16,789 | -€6,588 | -28.2% |
| Furniture and vehicles | 24 | €81,991 | €64,266 | -€17,724 | -21.6% |
| Other tangible fixed assets | 26 | €6,175 | €4,594 | -€1,582 | -25.6% |
| Current assets | 29/58 | €25,994 | €66,111 | +€40,117 | +154.3% |
| Stocks and contracts in progress | 3 | €4,000 | €0 | -€4,000 | -100.0% |
| Contracts in progress | 37 | €4,000 | €0 | -€4,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €6,422 | €10,817 | +€4,395 | +68.4% |
| Trade receivables | 40 | €5,759 | €7,818 | +€2,059 | +35.7% |
| Other amounts receivable | 41 | €663 | €2,999 | +€2,336 | +352.2% |
| Cash at bank and in hand | 54/58 | €14,045 | €10,049 | -€3,996 | -28.5% |
| Deferred charges and accrued income | 490/1 | €1,527 | €45,245 | +€43,718 | +2862.9% |
| Total equity and liabilities | 10/49 | €203,181 | €219,657 | +€16,476 | +8.1% |
| Equity | 10/15 | €91,899 | €90,830 | -€1,068 | -1.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €86,899 | €86,899 | = | 0.0% |
| Distributable reserves | 133 | €86,899 | €86,899 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,068 | -€1,068 | |
| Amounts payable | 17/49 | €111,283 | €128,827 | +€17,545 | +15.8% |
| Amounts payable after more than one year | 17 | €1,030 | €0 | -€1,030 | -100.0% |
| Financial debts | 170/4 | €1,030 | €0 | -€1,030 | -100.0% |
| Amounts payable within one year | 42/48 | €110,252 | €128,827 | +€18,575 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €6,141 | €1,030 | -€5,111 | -83.2% |
| Trade debts | 44 | €17,539 | €5,426 | -€12,114 | -69.1% |
| Suppliers | 440/4 | €17,539 | €5,426 | -€12,114 | -69.1% |
| Advances received on contracts in progress | 46 | €19,410 | €66,052 | +€46,642 | +240.3% |
| Taxes, remuneration and social security | 45 | €25,524 | €1,282 | -€24,242 | -95.0% |
| Taxes | 450/3 | €25,524 | €1,282 | -€24,242 | -95.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €41,637 | €55,037 | +€13,400 | +32.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €5,285 | €0 | -€5,285 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,946 | €31,619 | +€6,673 | +26.8% |
| Other operating charges | 640/8 | €1,555 | €820 | -€735 | -47.3% |
| Gross operating margin | 9900 | €51,927 | €31,543 | -€20,384 | -39.3% |
| Operating profit (loss) | 9901 | €25,427 | -€895 | -€26,322 | |
| Financial income | 75/76B | €9 | €38 | +€28 | +311.4% |
| Recurring financial income | 75 | €9 | €38 | +€28 | +311.4% |
| Financial charges | 65/66B | €272 | €211 | -€61 | -22.5% |
| Recurring financial charges | 65 | €272 | €211 | -€61 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €25,164 | -€1,068 | -€26,233 | |
| Income taxes | 67/77 | €5,624 | €0 | -€5,624 | -100.0% |
| Profit (loss) for the period | 9904 | €19,540 | -€1,068 | -€20,608 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,540 | -€1,068 | -€20,608 |
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 11 October 2026 via checked.be.