DEGRAMEC: 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.
What changed
DEGRAMEC
NACE 28.300, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€820,091
2024 · €755,393+€64,699
Equity
€4.6m
2024 · €4.2m+€412,251
Cash
€138,738
2024 · €213,804-€75,066
Balance sheet total
€5.3m
2024 · €5.1m+€220,811
Largest movements
Assets
- Current investments +€300,000
up €300,000 (+25.0%), from €1.2m to €1.5m
- Receivables within one year +€107,806
up €107,806 (+93.3%), from €115,555 to €223,361
of which Trade receivables: +€105,965
- Tangible fixed assets -€94,613
down €94,613 (-3.3%), from €2.9m to €2.8m
of which Land and buildings: -€117,586
- Cash -€75,066
down €75,066 (-35.1%), from €213,804 to €138,738
mainly Contributions, distributions and other (-€407,840) and Current investments (-€300,000)
Equity and liabilities
- Reserves +€412,251
up €412,251 (+9.9%), from €4.1m to €4.6m
of which Distributable reserves: +€412,251
- Debts after one year -€182,903
down €182,903 (-37.5%), from €487,311 to €304,408
Income statement
- Gross operating margin +€164,844
up €164,844 (+8.5%), from €1.9m to €2.1m
- Staff costs +€72,284
up €72,284 (+14.3%), from €505,273 to €577,557
- Depreciation -€23,549
down €23,549 (-6.9%), from €339,541 to €315,992
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.
Result 2024
€755,393
Gross operating margin
+€164,844
Staff costs
-€72,284
Depreciation
+€23,549
Other operating charges
-€153
Other operating items
-€8,211
Financial income
-€20,991
Financial charges
-€3,685
Taxes
-€18,371
Result 2025
€820,091
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.
From operations
+€1.0m
Investment
-€544,756
Financing
-€548,898
Cash 2024
€213,804
From operations (derived)
+€1.0m
Net result for the year
+€820,091
Depreciation
+€315,992
Stocks and contracts
+€33,298
Receivables within one year
-€107,806
Deferred charges and accrued income
+€7,396
Trade debts
-€19,733
Tax, wage and social debts
-€8,208
Other debts
-€30,653
Accrued charges and deferred income
+€8,211
Investment (derived)
-€544,756
Investment in fixed assets (net)
-€244,756
Current investments
-€300,000
Financing
-€548,898
Debts after one year
-€182,903
Current portion of long-term debt
+€4,003
Short-term financial debts
+€37,843
Contributions, distributions and other
-€407,840
Cash 2025
€138,738
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,112,762 | €5,333,573 | +€220,811 | +4.3% |
| Fixed assets | 21/28 | €3,373,878 | €3,302,642 | -€71,236 | -2.1% |
| Intangible fixed assets | 21 | €2,251 | €25,628 | +€23,377 | +1038.5% |
| Tangible fixed assets | 22/27 | €2,871,482 | €2,776,870 | -€94,613 | -3.3% |
| Land and buildings | 22 | €2,197,431 | €2,079,845 | -€117,586 | -5.4% |
| Plant, machinery and equipment | 23 | €383,262 | €444,063 | +€60,801 | +15.9% |
| Furniture and vehicles | 24 | €259,789 | €221,962 | -€37,827 | -14.6% |
| Other tangible fixed assets | 26 | €31,000 | €31,000 | = | 0.0% |
| Financial fixed assets | 28 | €500,145 | €500,145 | = | 0.0% |
| Current assets | 29/58 | €1,738,883 | €2,030,931 | +€292,047 | +16.8% |
| Stocks and contracts in progress | 3 | €162,327 | €129,029 | -€33,298 | -20.5% |
| Stocks | 30/36 | €94,915 | €64,799 | -€30,117 | -31.7% |
| Contracts in progress | 37 | €67,412 | €64,231 | -€3,181 | -4.7% |
| Amounts receivable within one year | 40/41 | €115,555 | €223,361 | +€107,806 | +93.3% |
| Trade receivables | 40 | €104,654 | €210,619 | +€105,965 | +101.3% |
| Other amounts receivable | 41 | €10,901 | €12,743 | +€1,842 | +16.9% |
| Current investments | 50/53 | €1,200,000 | €1,500,000 | +€300,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €213,804 | €138,738 | -€75,066 | -35.1% |
| Deferred charges and accrued income | 490/1 | €47,198 | €39,802 | -€7,396 | -15.7% |
| Total equity and liabilities | 10/49 | €5,112,762 | €5,333,573 | +€220,811 | +4.3% |
| Equity | 10/15 | €4,177,517 | €4,589,768 | +€412,251 | +9.9% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €4,146,517 | €4,558,768 | +€412,251 | +9.9% |
| Tax-exempt reserves | 132 | €126 | €126 | = | 0.0% |
| Distributable reserves | 133 | €4,146,390 | €4,558,641 | +€412,251 | +9.9% |
| Amounts payable | 17/49 | €935,245 | €743,805 | -€191,440 | -20.5% |
| Amounts payable after more than one year | 17 | €487,311 | €304,408 | -€182,903 | -37.5% |
| Financial debts | 170/4 | €487,311 | €304,408 | -€182,903 | -37.5% |
| Amounts payable within one year | 42/48 | €447,934 | €431,186 | -€16,748 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €178,900 | €182,903 | +€4,003 | +2.2% |
| Financial debts | 43 | - | €37,843 | +€37,843 | |
| Credit institutions | 430/8 | - | €37,843 | +€37,843 | |
| Trade debts | 44 | €49,470 | €29,737 | -€19,733 | -39.9% |
| Suppliers | 440/4 | €49,470 | €29,737 | -€19,733 | -39.9% |
| Taxes, remuneration and social security | 45 | €88,020 | €79,812 | -€8,208 | -9.3% |
| Taxes | 450/3 | €29,974 | €13,999 | -€15,975 | -53.3% |
| Remuneration and social security | 454/9 | €58,045 | €65,812 | +€7,767 | +13.4% |
| Other amounts payable | 47/48 | €131,544 | €100,891 | -€30,653 | -23.3% |
| Accrued charges and deferred income | 492/3 | - | €8,211 | +€8,211 | |
| Non-recurring operating income | 76A | €18,100 | €1,653 | -€16,447 | -90.9% |
| Remuneration, social security and pensions | 62 | €505,273 | €577,557 | +€72,284 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €339,541 | €315,992 | -€23,549 | -6.9% |
| Other operating charges | 640/8 | €77,595 | €77,749 | +€153 | +0.2% |
| Non-recurring operating charges | 66A | - | €8,211 | +€8,211 | |
| Gross operating margin | 9900 | €1,940,544 | €2,105,388 | +€164,844 | +8.5% |
| Operating profit (loss) | 9901 | €1,018,134 | €1,125,879 | +€107,745 | +10.6% |
| Financial income | 75/76B | €58,004 | €37,013 | -€20,991 | -36.2% |
| Recurring financial income | 75 | €58,004 | €37,013 | -€20,991 | -36.2% |
| Financial charges | 65/66B | €17,077 | €20,762 | +€3,685 | +21.6% |
| Recurring financial charges | 65 | €17,077 | €20,762 | +€3,685 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €1,059,061 | €1,142,131 | +€83,070 | +7.8% |
| Income taxes | 67/77 | €303,669 | €322,040 | +€18,371 | +6.0% |
| Profit (loss) for the period | 9904 | €755,393 | €820,091 | +€64,699 | +8.6% |
| Transfer from tax-exempt reserves | 789 | €49,511 | - | -€49,511 | |
| Profit (loss) for the period to be appropriated | 9905 | €804,904 | €820,091 | +€15,187 | +1.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.