Defrahair: 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.
Defrahair
Largest movements
- Receivables within one year -€14,515
down €14,515 (-6.6%), from €219,266 to €204,751
- Tangible fixed assets -€13,110
down €13,110 (-53.0%), from €24,723 to €11,613
of which Furniture and vehicles: -€7,974
- Cash +€10,619
up €10,619 (+514.8%), from €2,063 to €12,682
mainly Net result for the year (+€21,086) and Receivables within one year (+€14,515)
- Reserves +€20,000
up €20,000 (+400.0%), from €5,000 to €25,000
of which Distributable reserves: +€20,000
- Debts after one year -€16,960
down €16,960 (-8.6%), from €196,960 to €180,000
- Tax, wage and social debts -€13,010
down €13,010 (-83.1%), from €15,661 to €2,651
- Current portion of long-term debt -€4,851
down €4,851 (-41.1%), from €11,811 to €6,960
- Trade debts -€3,996
down €3,996 (-10.1%), from €39,403 to €35,407
- Gross operating margin +€58,355
up €58,355, from -€15,871 to €42,484
- Depreciation -€4,710
down €4,710 (-26.4%), from €17,820 to €13,110
- Taxes +€1,998
up €1,998 (+95593.8%), from €2 to €2,000
- Other operating charges +€941
up €941 (+90.3%), from €1,042 to €1,983
- Financial charges -€743
down €743 (-14.7%), from €5,047 to €4,304
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 | €246,770 | €229,047 | -€17,723 | -7.2% |
| Fixed assets | 21/28 | €24,723 | €11,613 | -€13,110 | -53.0% |
| Tangible fixed assets | 22/27 | €24,723 | €11,613 | -€13,110 | -53.0% |
| Plant, machinery and equipment | 23 | €50 | - | -€50 | |
| Furniture and vehicles | 24 | €9,555 | €1,582 | -€7,974 | -83.4% |
| Other tangible fixed assets | 26 | €15,118 | €10,032 | -€5,086 | -33.6% |
| Current assets | 29/58 | €222,047 | €217,433 | -€4,613 | -2.1% |
| Amounts receivable within one year | 40/41 | €219,266 | €204,751 | -€14,515 | -6.6% |
| Trade receivables | 40 | €219,266 | €204,751 | -€14,515 | -6.6% |
| Cash at bank and in hand | 54/58 | €2,063 | €12,682 | +€10,619 | +514.8% |
| Deferred charges and accrued income | 490/1 | €717 | - | -€717 | |
| Total equity and liabilities | 10/49 | €246,770 | €229,047 | -€17,723 | -7.2% |
| Equity | 10/15 | -€80,586 | -€59,500 | +€21,086 | +26.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €25,000 | +€20,000 | +400.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€135,586 | -€134,500 | +€1,086 | +0.8% |
| Amounts payable | 17/49 | €327,356 | €288,547 | -€38,809 | -11.9% |
| Amounts payable after more than one year | 17 | €196,960 | €180,000 | -€16,960 | -8.6% |
| Financial debts | 170/4 | €196,960 | €180,000 | -€16,960 | -8.6% |
| Amounts payable within one year | 42/48 | €130,162 | €108,305 | -€21,857 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €11,811 | €6,960 | -€4,851 | -41.1% |
| Financial debts | 43 | €60,000 | €60,000 | = | 0.0% |
| Credit institutions | 430/8 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €39,403 | €35,407 | -€3,996 | -10.1% |
| Suppliers | 440/4 | €39,403 | €35,407 | -€3,996 | -10.1% |
| Taxes, remuneration and social security | 45 | €15,661 | €2,651 | -€13,010 | -83.1% |
| Taxes | 450/3 | €15,661 | €2,651 | -€13,010 | -83.1% |
| Other amounts payable | 47/48 | €3,287 | €3,287 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €234 | €242 | +€8 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,820 | €13,110 | -€4,710 | -26.4% |
| Other operating charges | 640/8 | €1,042 | €1,983 | +€941 | +90.3% |
| Gross operating margin | 9900 | -€15,871 | €42,484 | +€58,355 | |
| Operating profit (loss) | 9901 | -€34,733 | €27,390 | +€62,123 | |
| Financial income | 75/76B | €108 | - | -€108 | |
| Recurring financial income | 75 | €108 | - | -€108 | |
| Financial charges | 65/66B | €5,047 | €4,304 | -€743 | -14.7% |
| Recurring financial charges | 65 | €5,047 | €4,304 | -€743 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,672 | €23,086 | +€62,758 | |
| Income taxes | 67/77 | €2 | €2,000 | +€1,998 | +95593.8% |
| Profit (loss) for the period | 9904 | -€39,674 | €21,086 | +€60,760 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,674 | €21,086 | +€60,760 |
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.