DEFRAMA PLUS: 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.
DEFRAMA PLUS
Largest movements
- Tangible fixed assets -€83,411
down €83,411 (-5.0%), from €1.7m to €1.6m
of which Land and buildings: -€59,923
- Reserves -€464,703
down €464,703 (-74.0%), from €627,668 to €162,965
- Profit (loss) carried forward +€349,088
up €349,088, from -€349,088 to €0
- Other debts +€45,641
up €45,641 (+4.5%), from €1.0m to €1.1m
- Gross operating margin -€51,534
down €51,534 (-64.2%), from €80,304 to €28,770
- Taxes +€23,931
up €23,931 (+164%), from €14,589 to €38,520
- Depreciation -€2,507
down €2,507 (-2.9%), from €85,919 to €83,411
- Financial charges +€1,398
up €1,398 (+9.7%), from €14,490 to €15,889
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 | €1,718,037 | €1,647,508 | -€70,530 | -4.1% |
| Fixed assets | 21/28 | €1,666,745 | €1,583,333 | -€83,411 | -5.0% |
| Tangible fixed assets | 22/27 | €1,666,745 | €1,583,333 | -€83,411 | -5.0% |
| Land and buildings | 22 | €1,570,641 | €1,510,718 | -€59,923 | -3.8% |
| Plant, machinery and equipment | 23 | €62,529 | €41,717 | -€20,812 | -33.3% |
| Furniture and vehicles | 24 | €8,028 | €5,352 | -€2,676 | -33.3% |
| Assets under construction and advance payments | 27 | €25,546 | €25,546 | = | 0.0% |
| Current assets | 29/58 | €51,293 | €64,175 | +€12,882 | +25.1% |
| Amounts receivable within one year | 40/41 | €46,120 | €62,085 | +€15,965 | +34.6% |
| Trade receivables | 40 | €42,558 | €62,085 | +€19,527 | +45.9% |
| Other amounts receivable | 41 | €3,562 | €0 | -€3,562 | -100% |
| Cash at bank and in hand | 54/58 | €3,547 | €393 | -€3,154 | -88.9% |
| Deferred charges and accrued income | 490/1 | €1,625 | €1,696 | +€70 | +4.3% |
| Total equity and liabilities | 10/49 | €1,718,037 | €1,647,508 | -€70,530 | -4.1% |
| Equity | 10/15 | €705,258 | €589,643 | -€115,616 | -16.4% |
| Contributions | 10/11 | €426,678 | €426,678 | = | 0.0% |
| Reserves | 13 | €627,668 | €162,965 | -€464,703 | -74.0% |
| Distributable reserves | 133 | €627,668 | €162,965 | -€464,703 | -74.0% |
| Profit (loss) carried forward | 14 | -€349,088 | €0 | +€349,088 | |
| Amounts payable | 17/49 | €1,012,779 | €1,057,865 | +€45,086 | +4.5% |
| Amounts payable within one year | 42/48 | €1,012,779 | €1,057,865 | +€45,086 | +4.5% |
| Financial debts | 43 | €9 | €17 | +€8 | +88.9% |
| Credit institutions | 430/8 | €9 | €17 | +€8 | +88.9% |
| Trade debts | 44 | €1,917 | €1,103 | -€815 | -42.5% |
| Suppliers | 440/4 | €1,917 | €1,103 | -€815 | -42.5% |
| Taxes, remuneration and social security | 45 | - | €251 | +€251 | |
| Taxes | 450/3 | - | €251 | +€251 | |
| Other amounts payable | 47/48 | €1,010,853 | €1,056,494 | +€45,641 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,919 | €83,411 | -€2,507 | -2.9% |
| Other operating charges | 640/8 | €6,611 | €6,565 | -€45 | -0.7% |
| Gross operating margin | 9900 | €80,304 | €28,770 | -€51,534 | -64.2% |
| Operating profit (loss) | 9901 | -€12,225 | -€61,207 | -€48,981 | -401% |
| Financial charges | 65/66B | €14,490 | €15,889 | +€1,398 | +9.7% |
| Recurring financial charges | 65 | €14,490 | €15,889 | +€1,398 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,715 | -€77,095 | -€50,380 | -189% |
| Income taxes | 67/77 | €14,589 | €38,520 | +€23,931 | +164% |
| Profit (loss) for the period | 9904 | -€41,305 | -€115,616 | -€74,311 | -180% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,305 | -€115,616 | -€74,311 | -180% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.