DEFRAIGNIMMO: 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.
DEFRAIGNIMMO
Largest movements
- Tangible fixed assets -€16,637
down €16,637 (-11.6%), from €143,725 to €127,089
- Receivables within one year +€2,665
up €2,665 (+6.2%), from €42,993 to €45,658
- Debts after one year -€21,970
down €21,970 (-46.7%), from €47,051 to €25,082
- Profit (loss) carried forward +€7,196
up €7,196 (+185.4%), from €3,882 to €11,078
- Tax, wage and social debts +€2,672
up €2,672 (+284.6%), from €939 to €3,612
- Other debts -€2,600
down €2,600 (-2.7%), from €95,600 to €93,000
- Taxes +€1,680
up €1,680 (+178.9%), from €939 to €2,620
- Financial charges -€1,024
down €1,024 (-25.3%), from €4,050 to €3,026
- Depreciation +€731
up €731 (+3.8%), from €19,064 to €19,795
- Financial income -€361
down €361 (-20.6%), from €1,759 to €1,397
- Gross operating margin +€333
up €333 (+1.0%), from €32,369 to €32,702
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 | €186,749 | €172,747 | -€14,002 | -7.5% |
| Fixed assets | 21/28 | €143,725 | €127,089 | -€16,637 | -11.6% |
| Tangible fixed assets | 22/27 | €143,725 | €127,089 | -€16,637 | -11.6% |
| Land and buildings | 22 | €143,725 | €127,089 | -€16,637 | -11.6% |
| Current assets | 29/58 | €43,024 | €45,658 | +€2,634 | +6.1% |
| Amounts receivable within one year | 40/41 | €42,993 | €45,658 | +€2,665 | +6.2% |
| Other amounts receivable | 41 | €42,993 | €45,658 | +€2,665 | +6.2% |
| Cash at bank and in hand | 54/58 | €31 | €0 | -€31 | -100.0% |
| Total equity and liabilities | 10/49 | €186,749 | €172,747 | -€14,002 | -7.5% |
| Equity | 10/15 | €16,282 | €23,478 | +€7,196 | +44.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,882 | €11,078 | +€7,196 | +185.4% |
| Amounts payable | 17/49 | €170,467 | €149,269 | -€21,199 | -12.4% |
| Amounts payable after more than one year | 17 | €47,051 | €25,082 | -€21,970 | -46.7% |
| Financial debts | 170/4 | €47,051 | €25,082 | -€21,970 | -46.7% |
| Amounts payable within one year | 42/48 | €120,621 | €122,152 | +€1,531 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €22,586 | €23,751 | +€1,165 | +5.2% |
| Trade debts | 44 | €1,496 | €1,789 | +€293 | +19.6% |
| Suppliers | 440/4 | €1,496 | €1,789 | +€293 | +19.6% |
| Taxes, remuneration and social security | 45 | €939 | €3,612 | +€2,672 | +284.6% |
| Taxes | 450/3 | €939 | €3,612 | +€2,672 | +284.6% |
| Other amounts payable | 47/48 | €95,600 | €93,000 | -€2,600 | -2.7% |
| Accrued charges and deferred income | 492/3 | €2,795 | €2,035 | -€760 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,064 | €19,795 | +€731 | +3.8% |
| Other operating charges | 640/8 | €1,374 | €1,462 | +€89 | +6.5% |
| Gross operating margin | 9900 | €32,369 | €32,702 | +€333 | +1.0% |
| Operating profit (loss) | 9901 | €11,932 | €11,445 | -€487 | -4.1% |
| Financial income | 75/76B | €1,759 | €1,397 | -€361 | -20.6% |
| Recurring financial income | 75 | €1,759 | €1,397 | -€361 | -20.6% |
| Financial charges | 65/66B | €4,050 | €3,026 | -€1,024 | -25.3% |
| Recurring financial charges | 65 | €4,050 | €3,026 | -€1,024 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €9,640 | €9,816 | +€176 | +1.8% |
| Income taxes | 67/77 | €939 | €2,620 | +€1,680 | +178.9% |
| Profit (loss) for the period | 9904 | €8,701 | €7,196 | -€1,504 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,701 | €7,196 | -€1,504 | -17.3% |
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 9 October 2026 via checked.be.