DEFOFIX TRANS: 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.
DEFOFIX TRANS
Largest movements
- Tangible fixed assets +€101,575
up €101,575 (+37.7%), from €269,203 to €370,778
of which Leasing and similar rights: +€90,929
- Deferred charges and accrued income -€33,330
down €33,330 (-87.0%), from €38,331 to €5,002
- Receivables within one year +€26,956
up €26,956 (+31.4%), from €85,712 to €112,668
- Receivables after one year -€6,400
down €6,400 (-58.7%), from €10,900 to €4,500
- Financial fixed assets +€6,195
new in 2025: €6,195
- Debts after one year +€37,866
up €37,866 (+19.0%), from €199,000 to €236,865
- Tax, wage and social debts +€33,566
up €33,566 (+25.9%), from €129,709 to €163,275
of which Taxes: +€26,553
- Current portion of long-term debt +€19,859
up €19,859 (+16.7%), from €118,978 to €138,837
- Profit (loss) carried forward +€16,364
up €16,364 (+19.5%), from -€83,986 to -€67,622
- Trade debts -€7,243
down €7,243 (-14.3%), from €50,639 to €43,397
of which Bills of exchange payable: -€39,900
- Turnover +€317,167
up €317,167 (+29.0%), from €1.1m to €1.4m
- Gross operating margin +€236,129
up €236,129 (+36.9%), from €639,820 to €875,949
- Staff costs +€146,560
up €146,560 (+27.6%), from €531,463 to €678,022
- Financial charges -€32,496
down €32,496 (-40.4%), from €80,407 to €47,911
of which Non-recurring financial charges: -€51,653
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 | €438,715 | €536,751 | +€98,037 | +22.3% |
| Fixed assets | 21/28 | €269,203 | €376,973 | +€107,770 | +40.0% |
| Tangible fixed assets | 22/27 | €269,203 | €370,778 | +€101,575 | +37.7% |
| Furniture and vehicles | 24 | €144,567 | €155,213 | +€10,646 | +7.4% |
| Leasing and similar rights | 25 | €124,636 | €215,565 | +€90,929 | +73.0% |
| Financial fixed assets | 28 | - | €6,195 | +€6,195 | |
| Current assets | 29/58 | €169,512 | €159,779 | -€9,733 | -5.7% |
| Amounts receivable after more than one year | 29 | €10,900 | €4,500 | -€6,400 | -58.7% |
| Other amounts receivable | 291 | €10,900 | €4,500 | -€6,400 | -58.7% |
| Amounts receivable within one year | 40/41 | €85,712 | €112,668 | +€26,956 | +31.4% |
| Trade receivables | 40 | €85,712 | €112,668 | +€26,956 | +31.4% |
| Cash at bank and in hand | 54/58 | €34,569 | €37,609 | +€3,040 | +8.8% |
| Deferred charges and accrued income | 490/1 | €38,331 | €5,002 | -€33,330 | -87.0% |
| Total equity and liabilities | 10/49 | €438,715 | €536,751 | +€98,037 | +22.3% |
| Equity | 10/15 | -€61,986 | -€45,622 | +€16,364 | +26.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,986 | -€67,622 | +€16,364 | +19.5% |
| Amounts payable | 17/49 | €500,701 | €582,373 | +€81,672 | +16.3% |
| Amounts payable after more than one year | 17 | €199,000 | €236,865 | +€37,866 | +19.0% |
| Financial debts | 170/4 | €199,000 | €236,865 | +€37,866 | +19.0% |
| Amounts payable within one year | 42/48 | €301,702 | €345,508 | +€43,806 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €118,978 | €138,837 | +€19,859 | +16.7% |
| Financial debts | 43 | €2,376 | - | -€2,376 | |
| Credit institutions | 430/8 | €2,376 | - | -€2,376 | |
| Trade debts | 44 | €50,639 | €43,397 | -€7,243 | -14.3% |
| Suppliers | 440/4 | €10,740 | €43,397 | +€32,657 | +304% |
| Bills of exchange payable | 441 | €39,900 | - | -€39,900 | |
| Taxes, remuneration and social security | 45 | €129,709 | €163,275 | +€33,566 | +25.9% |
| Taxes | 450/3 | €76,096 | €102,649 | +€26,553 | +34.9% |
| Remuneration and social security | 454/9 | €53,613 | €60,625 | +€7,013 | +13.1% |
| Turnover | 70 | €1,095,445 | €1,412,612 | +€317,167 | +29.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €612,533 | €600,280 | -€12,252 | -2.0% |
| Remuneration, social security and pensions | 62 | €531,463 | €678,022 | +€146,560 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,994 | €116,125 | +€3,131 | +2.8% |
| Other operating charges | 640/8 | €4,285 | €7,139 | +€2,854 | +66.6% |
| Gross operating margin | 9900 | €639,820 | €875,949 | +€236,129 | +36.9% |
| Operating profit (loss) | 9901 | -€8,921 | €74,663 | +€83,584 | |
| Financial income | 75/76B | €1 | €1,330 | +€1,329 | +102,984% |
| Recurring financial income | 75 | €1 | €1,330 | +€1,329 | +102,984% |
| Financial charges | 65/66B | €80,407 | €47,911 | -€32,496 | -40.4% |
| Recurring financial charges | 65 | €28,754 | €47,911 | +€19,157 | +66.6% |
| Non-recurring financial charges | 66B | €51,653 | - | -€51,653 | |
| Profit (loss) for the period before taxes | 9903 | -€89,327 | €28,082 | +€117,408 | |
| Income taxes | 67/77 | - | €11,717 | +€11,717 | |
| Profit (loss) for the period | 9904 | -€89,327 | €16,364 | +€105,691 | |
| Profit (loss) for the period to be appropriated | 9905 | -€89,327 | €16,364 | +€105,691 |
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.