Deflander: 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.
Deflander
Largest movements
- Receivables within one year -€2,856
down €2,856 (-41.1%), from €6,954 to €4,098
of which Trade receivables: -€2,744
- Tangible fixed assets -€384
down €384 (-18.5%), from €2,070 to €1,687
- Profit (loss) carried forward -€13,488
down €13,488 (-27.7%), from -€48,713 to -€62,200
- Other debts +€8,488
up €8,488 (+69.4%), from €12,223 to €20,711
- Short-term financial debts +€3,029
up €3,029 (+35.7%), from €8,495 to €11,524
- Trade debts -€1,346
down €1,346 (-29.6%), from €4,546 to €3,201
- Gross operating margin -€7,185
down €7,185 (-194.7%), from -€3,690 to -€10,875
- Other operating charges -€383
down €383 (-42.4%), from €903 to €520
- Depreciation -€308
down €308 (-44.5%), from €691 to €384
- Financial charges +€286
up €286 (+21.5%), from €1,333 to €1,619
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,416 | €7,099 | -€3,317 | -31.8% |
| Fixed assets | 21/28 | €2,070 | €1,687 | -€384 | -18.5% |
| Tangible fixed assets | 22/27 | €2,070 | €1,687 | -€384 | -18.5% |
| Plant, machinery and equipment | 23 | €2,070 | €1,687 | -€384 | -18.5% |
| Current assets | 29/58 | €8,346 | €5,413 | -€2,933 | -35.1% |
| Amounts receivable within one year | 40/41 | €6,954 | €4,098 | -€2,856 | -41.1% |
| Trade receivables | 40 | €6,132 | €3,389 | -€2,744 | -44.7% |
| Other amounts receivable | 41 | €822 | €709 | -€112 | -13.7% |
| Deferred charges and accrued income | 490/1 | €1,392 | €1,315 | -€77 | -5.5% |
| Total equity and liabilities | 10/49 | €10,416 | €7,099 | -€3,317 | -31.8% |
| Equity | 10/15 | -€28,253 | -€41,740 | -€13,488 | -47.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,713 | -€62,200 | -€13,488 | -27.7% |
| Amounts payable | 17/49 | €38,669 | €48,840 | +€10,171 | +26.3% |
| Amounts payable after more than one year | 17 | €13,404 | €13,404 | = | 0.0% |
| Financial debts | 170/4 | €13,404 | €13,404 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,264 | €35,435 | +€10,171 | +40.3% |
| Financial debts | 43 | €8,495 | €11,524 | +€3,029 | +35.7% |
| Credit institutions | 430/8 | €8,495 | €11,524 | +€3,029 | +35.7% |
| Trade debts | 44 | €4,546 | €3,201 | -€1,346 | -29.6% |
| Suppliers | 440/4 | €4,546 | €3,201 | -€1,346 | -29.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €12,223 | €20,711 | +€8,488 | +69.4% |
| Non-recurring operating income | 76A | €221 | €0 | -€221 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €90 | +€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €691 | €384 | -€308 | -44.5% |
| Other operating charges | 640/8 | €903 | €520 | -€383 | -42.4% |
| Gross operating margin | 9900 | -€3,690 | -€10,875 | -€7,185 | -194.7% |
| Operating profit (loss) | 9901 | -€5,284 | -€11,869 | -€6,584 | -124.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €1,333 | €1,619 | +€286 | +21.5% |
| Recurring financial charges | 65 | €1,333 | €1,619 | +€286 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,616 | -€13,488 | -€6,872 | -103.9% |
| Profit (loss) for the period | 9904 | -€6,616 | -€13,488 | -€6,872 | -103.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,616 | -€13,488 | -€6,872 | -103.9% |
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 10 October 2026 via checked.be.