DEFITEC: 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.
DEFITEC
Largest movements
- Cash +€78,297
up €78,297 (+5.9%), from €1.3m to €1.4m
mainly Net result for the year (+€110,772) and Depreciation (+€1,261)
- Reserves +€100,000
up €100,000 (+1,600%), from €6,250 to €106,250
of which Distributable reserves: +€100,000
- Other debts -€20,757
down €20,757 (-69.3%), from €29,961 to €9,204
- Gross operating margin +€88,048
up €88,048 (+223%), from €39,404 to €127,451
- Taxes +€28,893
up €28,893 (+1,001%), from €2,886 to €31,779
- Financial income +€15,573
up €15,573 (+226%), from €6,893 to €22,466
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 | €1,337,394 | €1,425,011 | +€87,617 | +6.6% |
| Fixed assets | 21/28 | €1,329 | €1,559 | +€230 | +17.3% |
| Tangible fixed assets | 22/27 | €1,329 | €1,559 | +€230 | +17.3% |
| Furniture and vehicles | 24 | €1,329 | €1,559 | +€230 | +17.3% |
| Current assets | 29/58 | €1,336,065 | €1,423,453 | +€87,387 | +6.5% |
| Amounts receivable within one year | 40/41 | €11,623 | €19,472 | +€7,849 | +67.5% |
| Trade receivables | 40 | - | €13,243 | +€13,243 | |
| Other amounts receivable | 41 | €11,623 | €6,229 | -€5,394 | -46.4% |
| Cash at bank and in hand | 54/58 | €1,322,885 | €1,401,181 | +€78,297 | +5.9% |
| Deferred charges and accrued income | 490/1 | €1,557 | €2,799 | +€1,241 | +79.7% |
| Total equity and liabilities | 10/49 | €1,337,394 | €1,425,011 | +€87,617 | +6.6% |
| Equity | 10/15 | €1,299,541 | €1,410,313 | +€110,772 | +8.5% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €6,250 | €106,250 | +€100,000 | +1,600% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | €1,230,791 | €1,241,563 | +€10,772 | +0.9% |
| Amounts payable | 17/49 | €37,853 | €14,698 | -€23,155 | -61.2% |
| Amounts payable within one year | 42/48 | €37,853 | €14,698 | -€23,155 | -61.2% |
| Trade debts | 44 | €7,892 | €5,374 | -€2,518 | -31.9% |
| Suppliers | 440/4 | €7,892 | €5,374 | -€2,518 | -31.9% |
| Taxes, remuneration and social security | 45 | - | €120 | +€120 | |
| Taxes | 450/3 | - | €120 | +€120 | |
| Other amounts payable | 47/48 | €29,961 | €9,204 | -€20,757 | -69.3% |
| Non-recurring operating income | 76A | €195 | - | -€195 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,183 | €1,261 | +€78 | +6.6% |
| Other operating charges | 640/8 | €1,566 | €1,573 | +€7 | +0.4% |
| Non-recurring operating charges | 66A | - | €149 | +€149 | |
| Gross operating margin | 9900 | €39,404 | €127,451 | +€88,048 | +223% |
| Operating profit (loss) | 9901 | €36,655 | €124,469 | +€87,814 | +240% |
| Financial income | 75/76B | €6,893 | €22,466 | +€15,573 | +226% |
| Recurring financial income | 75 | €6,893 | €22,466 | +€15,573 | +226% |
| Financial charges | 65/66B | €4,166 | €4,384 | +€217 | +5.2% |
| Recurring financial charges | 65 | €4,166 | €4,384 | +€217 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €39,382 | €142,551 | +€103,169 | +262% |
| Income taxes | 67/77 | €2,886 | €31,779 | +€28,893 | +1,001% |
| Profit (loss) for the period | 9904 | €36,496 | €110,772 | +€74,276 | +204% |
| Profit (loss) for the period to be appropriated | 9905 | €36,496 | €110,772 | +€74,276 | +204% |
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.