Deflandre Ch. & E.: 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.
What changed
Deflandre Ch. & E.
NACE 01.610, Support activities for crop production
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€65,863
2024 · €241,177-€175,315
Equity
€908,272
2024 · €864,758+€43,514
Cash
€356,541
2024 · €246,823+€109,718
Balance sheet total
€2.6m
2024 · €1.9m+€734,340
Largest movements
Assets
- Tangible fixed assets +€576,271
up €576,271 (+47.8%), from €1.2m to €1.8m
of which Plant, machinery and equipment: +€579,363
- Cash +€109,718
up €109,718 (+44.5%), from €246,823 to €356,541
mainly Trade debts (+€672,733) and Depreciation (+€335,729)
- Receivables within one year +€41,137
up €41,137 (+10.0%), from €413,006 to €454,143
of which Other amounts receivable: +€116,573
Equity and liabilities
- Trade debts +€672,733
up €672,733 (+1,474%), from €45,643 to €718,376
- Profit (loss) carried forward +€80,005
up €80,005 (+15.2%), from €525,845 to €605,851
Income statement
- Gross operating margin -€179,490
down €179,490 (-27.9%), from €644,346 to €464,856
- Staff costs +€47,741
up €47,741 (+304%), from €15,721 to €63,462
- Depreciation +€17,115
up €17,115 (+5.4%), from €318,614 to €335,729
- Financial income +€14,530
up €14,530 (+176%), from €8,242 to €22,772
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.
Result 2024
€241,177
Gross operating margin
-€179,490
Staff costs
-€47,741
Depreciation
-€17,115
Other operating charges
+€3,214
Financial income
+€14,530
Financial charges
-€4,315
Taxes
+€6,103
Deferred taxes and other
+€49,500
Result 2025
€65,863
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.0m
Investment
-€912,000
Financing
-€3,522
Cash 2024
€246,823
From operations (derived)
+€1.0m
Net result for the year
+€65,863
Depreciation
+€335,729
Stocks and contracts
-€7,213
Receivables within one year
-€41,137
Provisions
-€3,536
Trade debts
+€672,733
Tax, wage and social debts
+€7,662
Other debts
-€4,861
Investment (derived)
-€912,000
Investment in fixed assets (net)
-€912,000
Financing
-€3,522
Debts after one year
-€325
Current portion of long-term debt
+€19,152
Contributions, distributions and other
-€22,349
Cash 2025
€356,541
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,878,714 | €2,613,054 | +€734,340 | +39.1% |
| Fixed assets | 21/28 | €1,205,646 | €1,781,918 | +€576,271 | +47.8% |
| Tangible fixed assets | 22/27 | €1,205,646 | €1,781,918 | +€576,271 | +47.8% |
| Plant, machinery and equipment | 23 | €1,201,514 | €1,780,878 | +€579,363 | +48.2% |
| Furniture and vehicles | 24 | €4,132 | €1,040 | -€3,092 | -74.8% |
| Current assets | 29/58 | €673,068 | €831,136 | +€158,069 | +23.5% |
| Stocks and contracts in progress | 3 | €13,239 | €20,452 | +€7,213 | +54.5% |
| Stocks | 30/36 | €13,239 | €20,452 | +€7,213 | +54.5% |
| Amounts receivable within one year | 40/41 | €413,006 | €454,143 | +€41,137 | +10.0% |
| Trade receivables | 40 | €408,165 | €332,729 | -€75,436 | -18.5% |
| Other amounts receivable | 41 | €4,841 | €121,414 | +€116,573 | +2,408% |
| Cash at bank and in hand | 54/58 | €246,823 | €356,541 | +€109,718 | +44.5% |
| Total equity and liabilities | 10/49 | €1,878,714 | €2,613,054 | +€734,340 | +39.1% |
| Equity | 10/15 | €864,758 | €908,272 | +€43,514 | +5.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €216,565 | €202,422 | -€14,143 | -6.5% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €206,565 | €192,422 | -€14,143 | -6.8% |
| Profit (loss) carried forward | 14 | €525,845 | €605,851 | +€80,005 | +15.2% |
| Investment grants | 15 | €22,349 | - | -€22,349 | |
| Provisions and deferred taxes | 16 | €57,657 | €54,121 | -€3,536 | -6.1% |
| Deferred taxes | 168 | €57,657 | €54,121 | -€3,536 | -6.1% |
| Amounts payable | 17/49 | €956,299 | €1,650,661 | +€694,362 | +72.6% |
| Amounts payable after more than one year | 17 | €632,702 | €632,377 | -€325 | -0.1% |
| Financial debts | 170/4 | €632,702 | €632,377 | -€325 | -0.1% |
| Amounts payable within one year | 42/48 | €323,597 | €1,018,284 | +€694,687 | +215% |
| Current portion of amounts payable after more than one year | 42 | €187,423 | €206,575 | +€19,152 | +10.2% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Other loans | 439 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €45,643 | €718,376 | +€672,733 | +1,474% |
| Suppliers | 440/4 | €45,643 | €718,376 | +€672,733 | +1,474% |
| Taxes, remuneration and social security | 45 | €7,652 | €15,314 | +€7,662 | +100% |
| Taxes | 450/3 | €6,767 | €7,025 | +€258 | +3.8% |
| Remuneration and social security | 454/9 | €884 | €8,289 | +€7,404 | +837% |
| Other amounts payable | 47/48 | €32,879 | €28,019 | -€4,861 | -14.8% |
| Non-recurring operating income | 76A | €257,000 | €154,702 | -€102,298 | -39.8% |
| Remuneration, social security and pensions | 62 | €15,721 | €63,462 | +€47,741 | +304% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318,614 | €335,729 | +€17,115 | +5.4% |
| Other operating charges | 640/8 | €4,861 | €1,646 | -€3,214 | -66.1% |
| Gross operating margin | 9900 | €644,346 | €464,856 | -€179,490 | -27.9% |
| Operating profit (loss) | 9901 | €305,151 | €64,019 | -€241,132 | -79.0% |
| Financial income | 75/76B | €8,242 | €22,772 | +€14,530 | +176% |
| Recurring financial income | 75 | €8,242 | €22,772 | +€14,530 | +176% |
| Financial charges | 65/66B | €19,891 | €24,206 | +€4,315 | +21.7% |
| Recurring financial charges | 65 | €19,891 | €24,206 | +€4,315 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €293,502 | €62,585 | -€230,917 | -78.7% |
| Transfer from deferred taxes | 780 | €3,536 | €3,536 | = | 0.0% |
| Transfer to deferred taxes | 680 | €49,500 | - | -€49,500 | |
| Income taxes | 67/77 | €6,360 | €258 | -€6,103 | -95.9% |
| Profit (loss) for the period | 9904 | €241,177 | €65,863 | -€175,315 | -72.7% |
| Transfer from tax-exempt reserves | 789 | €14,143 | €14,143 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €198,000 | - | -€198,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,320 | €80,005 | +€22,685 | +39.6% |
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.