DEGOUIS PHILIPPE: 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.
DEGOUIS PHILIPPE
Largest movements
- Receivables within one year +€17,129
up €17,129 (+104%), from €16,479 to €33,608
of which Trade receivables: +€10,754
- Tangible fixed assets +€14,254
up €14,254 (+9.7%), from €146,612 to €160,867
of which Furniture and vehicles: +€23,695
- Deferred charges and accrued income -€8,428
down €8,428 (-82.8%), from €10,178 to €1,750
- Reserves +€15,460
up €15,460 (+38.4%), from €40,298 to €55,757
- Debts after one year +€13,549
up €13,549 (+17.0%), from €79,695 to €93,245
- Other debts -€6,000
down €6,000 (-75.0%), from €8,000 to €2,000
- Tax, wage and social debts +€3,032
up €3,032 (+35.3%), from €8,580 to €11,612
- Depreciation +€9,824
up €9,824 (+74.9%), from €13,121 to €22,945
- Taxes -€1,081
down €1,081 (-14.4%), from €7,530 to €6,449
- Financial income +€714
up €714 (+171%), from €418 to €1,131
- Gross operating margin +€553
up €553 (+1.0%), from €52,956 to €53,509
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,269 | €196,224 | +€22,955 | +13.2% |
| Fixed assets | 21/28 | €146,612 | €160,867 | +€14,254 | +9.7% |
| Tangible fixed assets | 22/27 | €146,612 | €160,867 | +€14,254 | +9.7% |
| Land and buildings | 22 | €125,804 | €116,503 | -€9,301 | -7.4% |
| Plant, machinery and equipment | 23 | €383 | €243 | -€140 | -36.5% |
| Furniture and vehicles | 24 | €20,425 | €44,121 | +€23,695 | +116% |
| Current assets | 29/58 | €26,657 | €35,358 | +€8,701 | +32.6% |
| Amounts receivable within one year | 40/41 | €16,479 | €33,608 | +€17,129 | +104% |
| Trade receivables | 40 | - | €10,754 | +€10,754 | |
| Other amounts receivable | 41 | €16,479 | €22,854 | +€6,374 | +38.7% |
| Deferred charges and accrued income | 490/1 | €10,178 | €1,750 | -€8,428 | -82.8% |
| Total equity and liabilities | 10/49 | €173,269 | €196,224 | +€22,955 | +13.2% |
| Equity | 10/15 | €52,698 | €68,157 | +€15,460 | +29.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,298 | €55,757 | +€15,460 | +38.4% |
| Distributable reserves | 133 | €40,298 | €55,757 | +€15,460 | +38.4% |
| Amounts payable | 17/49 | €120,571 | €128,067 | +€7,496 | +6.2% |
| Amounts payable after more than one year | 17 | €79,695 | €93,245 | +€13,549 | +17.0% |
| Financial debts | 170/4 | €79,695 | €93,245 | +€13,549 | +17.0% |
| Amounts payable within one year | 42/48 | €40,489 | €34,822 | -€5,666 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €18,514 | €19,365 | +€852 | +4.6% |
| Financial debts | 43 | €3,764 | €1,845 | -€1,918 | -51.0% |
| Credit institutions | 430/8 | €3,764 | €1,845 | -€1,918 | -51.0% |
| Trade debts | 44 | €1,631 | - | -€1,631 | |
| Suppliers | 440/4 | €1,631 | - | -€1,631 | |
| Taxes, remuneration and social security | 45 | €8,580 | €11,612 | +€3,032 | +35.3% |
| Taxes | 450/3 | €8,580 | €11,612 | +€3,032 | +35.3% |
| Other amounts payable | 47/48 | €8,000 | €2,000 | -€6,000 | -75.0% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,121 | €22,945 | +€9,824 | +74.9% |
| Other operating charges | 640/8 | €2,978 | €3,488 | +€510 | +17.1% |
| Gross operating margin | 9900 | €52,956 | €53,509 | +€553 | +1.0% |
| Operating profit (loss) | 9901 | €36,857 | €27,076 | -€9,781 | -26.5% |
| Financial income | 75/76B | €418 | €1,131 | +€714 | +171% |
| Recurring financial income | 75 | €418 | €1,131 | +€714 | +171% |
| Financial charges | 65/66B | €4,104 | €4,299 | +€195 | +4.7% |
| Recurring financial charges | 65 | €4,104 | €4,299 | +€195 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €33,170 | €23,909 | -€9,262 | -27.9% |
| Income taxes | 67/77 | €7,530 | €6,449 | -€1,081 | -14.4% |
| Profit (loss) for the period | 9904 | €25,640 | €17,460 | -€8,181 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,640 | €17,460 | -€8,181 | -31.9% |
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 18 October 2026 via checked.be.