DEFOOR: 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.
DEFOOR
Largest movements
- Tangible fixed assets -€28,578
down €28,578 (-35.4%), from €80,654 to €52,076
of which Plant, machinery and equipment: -€22,008
- Deferred charges and accrued income -€3,715
no longer reported in 2026 (was €3,715)
- Cash +€2,850
up €2,850 (+24.1%), from €11,834 to €14,683
mainly Depreciation (+€28,578) and Deferred charges and accrued income (+€3,715)
- Profit (loss) carried forward -€25,066
down €25,066 (-46.6%), from -€53,812 to -€78,878
- Debts after one year -€5,398
down €5,398 (-60.0%), from €8,997 to €3,599
- Other debts +€1,560
up €1,560 (+6.8%), from €23,087 to €24,647
- Gross operating margin +€12,262
up €12,262, from -€6,772 to €5,490
- Staff costs -€4,467
no longer reported in 2026 (was €4,467)
- Other operating charges -€1,260
down €1,260 (-49.5%), from €2,544 to €1,284
- Write-downs -€967
no longer reported in 2026 (was €967)
- Depreciation -€170
down €170 (-0.6%), from €28,749 to €28,578
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,440 | €115,016 | -€30,423 | -20.9% |
| Fixed assets | 21/28 | €80,654 | €52,076 | -€28,578 | -35.4% |
| Tangible fixed assets | 22/27 | €80,654 | €52,076 | -€28,578 | -35.4% |
| Land and buildings | 22 | €9,083 | €6,812 | -€2,271 | -25.0% |
| Plant, machinery and equipment | 23 | €54,944 | €32,937 | -€22,008 | -40.1% |
| Furniture and vehicles | 24 | €16,627 | €12,327 | -€4,300 | -25.9% |
| Current assets | 29/58 | €64,786 | €62,941 | -€1,845 | -2.8% |
| Amounts receivable within one year | 40/41 | €49,238 | €48,258 | -€980 | -2.0% |
| Trade receivables | 40 | €5,846 | €12,879 | +€7,033 | +120% |
| Other amounts receivable | 41 | €43,391 | €35,378 | -€8,013 | -18.5% |
| Cash at bank and in hand | 54/58 | €11,834 | €14,683 | +€2,850 | +24.1% |
| Deferred charges and accrued income | 490/1 | €3,715 | - | -€3,715 | |
| Total equity and liabilities | 10/49 | €145,440 | €115,016 | -€30,423 | -20.9% |
| Equity | 10/15 | €102,346 | €77,280 | -€25,066 | -24.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €137,558 | €137,558 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,074 | €8,074 | = | 0.0% |
| Distributable reserves | 133 | €129,484 | €129,484 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,812 | -€78,878 | -€25,066 | -46.6% |
| Amounts payable | 17/49 | €43,094 | €37,736 | -€5,358 | -12.4% |
| Amounts payable after more than one year | 17 | €8,997 | €3,599 | -€5,398 | -60.0% |
| Financial debts | 170/4 | €8,997 | €3,599 | -€5,398 | -60.0% |
| Amounts payable within one year | 42/48 | €34,097 | €34,137 | +€40 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €5,398 | €5,398 | = | 0.0% |
| Trade debts | 44 | €1,675 | €658 | -€1,017 | -60.7% |
| Suppliers | 440/4 | €1,675 | €658 | -€1,017 | -60.7% |
| Taxes, remuneration and social security | 45 | €3,938 | €3,435 | -€503 | -12.8% |
| Taxes | 450/3 | €2,203 | €1,689 | -€513 | -23.3% |
| Remuneration and social security | 454/9 | €1,735 | €1,746 | +€10 | +0.6% |
| Other amounts payable | 47/48 | €23,087 | €24,647 | +€1,560 | +6.8% |
| Remuneration, social security and pensions | 62 | €4,467 | - | -€4,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,749 | €28,578 | -€170 | -0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €967 | - | -€967 | |
| Other operating charges | 640/8 | €2,544 | €1,284 | -€1,260 | -49.5% |
| Gross operating margin | 9900 | -€6,772 | €5,490 | +€12,262 | |
| Operating profit (loss) | 9901 | -€43,499 | -€24,373 | +€19,126 | +44.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €522 | €405 | -€117 | -22.5% |
| Recurring financial charges | 65 | €522 | €405 | -€117 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,020 | -€24,777 | +€19,243 | +43.7% |
| Income taxes | 67/77 | €276 | €288 | +€13 | +4.7% |
| Profit (loss) for the period | 9904 | -€44,296 | -€25,066 | +€19,230 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,296 | -€25,066 | +€19,230 | +43.4% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.