DEFOURNY: what changed
Two fiscal 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.
DEFOURNY
Largest movements
- Cash +€9,424
up €9,424 (+9.9%), from €94,853 to €104,278
mainly Net result for the year (+€5,025) and Trade debts (+€1,674)
- Reserves +€4,500
up €4,500 (+16.7%), from €27,019 to €31,519
- Trade debts +€1,674
up €1,674 (+277.5%), from €603 to €2,278
- Gross operating margin -€3,517
down €3,517 (-34.3%), from €10,261 to €6,745
- Taxes -€1,722
down €1,722 (-48.5%), from €3,554 to €1,832
- Financial income +€1,166
up €1,166 (+690.4%), from €169 to €1,335
- Other operating charges +€557
up €557 (+93.2%), from €597 to €1,154
- Staff costs -€513
no longer reported in 2025 (was €513)
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
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 | €110,155 | €118,387 | +€8,232 | +7.5% |
| Fixed assets | 21/28 | €1,788 | €1,788 | = | 0.0% |
| Financial fixed assets | 28 | €1,788 | €1,788 | = | 0.0% |
| Current assets | 29/58 | €108,367 | €116,599 | +€8,232 | +7.6% |
| Amounts receivable within one year | 40/41 | €12,418 | €11,487 | -€931 | -7.5% |
| Trade receivables | 40 | €9,690 | €9,319 | -€371 | -3.8% |
| Other amounts receivable | 41 | €2,728 | €2,168 | -€560 | -20.5% |
| Cash at bank and in hand | 54/58 | €94,853 | €104,278 | +€9,424 | +9.9% |
| Deferred charges and accrued income | 490/1 | €1,096 | €834 | -€261 | -23.9% |
| Total equity and liabilities | 10/49 | €110,155 | €118,387 | +€8,232 | +7.5% |
| Equity | 10/15 | €106,416 | €111,441 | +€5,025 | +4.7% |
| Contributions | 10/11 | €20,900 | €20,900 | = | 0.0% |
| Reserves | 13 | €27,019 | €31,519 | +€4,500 | +16.7% |
| Distributable reserves | 133 | €27,019 | €31,519 | +€4,500 | +16.7% |
| Profit (loss) carried forward | 14 | €58,497 | €59,022 | +€525 | +0.9% |
| Amounts payable | 17/49 | €3,739 | €6,946 | +€3,206 | +85.7% |
| Amounts payable within one year | 42/48 | €3,739 | €6,946 | +€3,206 | +85.7% |
| Trade debts | 44 | €603 | €2,278 | +€1,674 | +277.5% |
| Suppliers | 440/4 | €603 | €2,278 | +€1,674 | +277.5% |
| Taxes, remuneration and social security | 45 | - | €1,022 | +€1,022 | |
| Taxes | 450/3 | - | €1,022 | +€1,022 | |
| Other amounts payable | 47/48 | €3,136 | €3,646 | +€510 | +16.3% |
| Remuneration, social security and pensions | 62 | €513 | - | -€513 | |
| Other operating charges | 640/8 | €597 | €1,154 | +€557 | +93.2% |
| Gross operating margin | 9900 | €10,261 | €6,745 | -€3,517 | -34.3% |
| Operating profit (loss) | 9901 | €9,151 | €5,591 | -€3,560 | -38.9% |
| Financial income | 75/76B | €169 | €1,335 | +€1,166 | +690.4% |
| Recurring financial income | 75 | €169 | €1,335 | +€1,166 | +690.4% |
| Financial charges | 65/66B | €74 | €69 | -€5 | -6.4% |
| Recurring financial charges | 65 | €74 | €69 | -€5 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €9,246 | €6,857 | -€2,389 | -25.8% |
| Income taxes | 67/77 | €3,554 | €1,832 | -€1,722 | -48.5% |
| Profit (loss) for the period | 9904 | €5,692 | €5,025 | -€667 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,692 | €5,025 | -€667 | -11.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.