Degrande Solutions: 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.
Degrande Solutions
Largest movements
- Cash +€31,850
up €31,850 (+99.9%), from €31,873 to €63,723
mainly Net result for the year (+€26,162) and Depreciation (+€19,697)
- Tangible fixed assets -€13,907
down €13,907 (-24.9%), from €55,921 to €42,014
of which Furniture and vehicles: -€13,868
- Reserves +€24,496
up €24,496 (+50.9%), from €48,137 to €72,633
- Debts after one year -€8,999
down €8,999 (-85.4%), from €10,534 to €1,535
- Other debts +€4,384
up €4,384 (+18.1%), from €24,265 to €28,650
- Trade debts -€3,432
down €3,432 (-86.3%), from €3,976 to €544
- Current portion of long-term debt -€3,190
down €3,190 (-26.2%), from €12,189 to €8,999
- Gross operating margin +€16,458
up €16,458 (+37.8%), from €43,570 to €60,028
- Taxes +€3,512
up €3,512 (+49.5%), from €7,088 to €10,600
- Depreciation +€1,662
up €1,662 (+9.2%), from €18,035 to €19,697
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 | €113,705 | €130,874 | +€17,170 | +15.1% |
| Fixed assets | 21/28 | €55,921 | €42,014 | -€13,907 | -24.9% |
| Tangible fixed assets | 22/27 | €55,921 | €42,014 | -€13,907 | -24.9% |
| Plant, machinery and equipment | 23 | €2,395 | €1,339 | -€1,056 | -44.1% |
| Furniture and vehicles | 24 | €50,171 | €36,303 | -€13,868 | -27.6% |
| Leasing and similar rights | 25 | €3,355 | - | -€3,355 | |
| Other tangible fixed assets | 26 | - | €4,372 | +€4,372 | |
| Current assets | 29/58 | €57,783 | €88,860 | +€31,077 | +53.8% |
| Stocks and contracts in progress | 3 | €894 | €948 | +€54 | +6.0% |
| Stocks | 30/36 | €894 | €948 | +€54 | +6.0% |
| Amounts receivable within one year | 40/41 | €23,447 | €22,594 | -€853 | -3.6% |
| Trade receivables | 40 | €17,504 | €22,405 | +€4,901 | +28.0% |
| Other amounts receivable | 41 | €5,942 | €189 | -€5,754 | -96.8% |
| Cash at bank and in hand | 54/58 | €31,873 | €63,723 | +€31,850 | +99.9% |
| Deferred charges and accrued income | 490/1 | €1,570 | €1,596 | +€27 | +1.7% |
| Total equity and liabilities | 10/49 | €113,705 | €130,874 | +€17,170 | +15.1% |
| Equity | 10/15 | €60,537 | €85,033 | +€24,496 | +40.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €48,137 | €72,633 | +€24,496 | +50.9% |
| Distributable reserves | 133 | €48,137 | €72,633 | +€24,496 | +50.9% |
| Amounts payable | 17/49 | €53,167 | €45,841 | -€7,326 | -13.8% |
| Amounts payable after more than one year | 17 | €10,534 | €1,535 | -€8,999 | -85.4% |
| Financial debts | 170/4 | €10,534 | €1,535 | -€8,999 | -85.4% |
| Amounts payable within one year | 42/48 | €41,939 | €42,740 | +€801 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €12,189 | €8,999 | -€3,190 | -26.2% |
| Trade debts | 44 | €3,976 | €544 | -€3,432 | -86.3% |
| Suppliers | 440/4 | €3,976 | €544 | -€3,432 | -86.3% |
| Taxes, remuneration and social security | 45 | €1,509 | €4,548 | +€3,039 | +201.4% |
| Taxes | 450/3 | €1,509 | €4,548 | +€3,039 | +201.4% |
| Other amounts payable | 47/48 | €24,265 | €28,650 | +€4,384 | +18.1% |
| Accrued charges and deferred income | 492/3 | €694 | €1,565 | +€871 | +125.6% |
| Non-recurring operating income | 76A | €1,357 | - | -€1,357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,035 | €19,697 | +€1,662 | +9.2% |
| Other operating charges | 640/8 | €1,439 | €1,131 | -€308 | -21.4% |
| Gross operating margin | 9900 | €43,570 | €60,028 | +€16,458 | +37.8% |
| Operating profit (loss) | 9901 | €24,096 | €39,201 | +€15,104 | +62.7% |
| Financial income | 75/76B | €34 | €2 | -€32 | -93.5% |
| Recurring financial income | 75 | €34 | €2 | -€32 | -93.5% |
| Financial charges | 65/66B | €1,950 | €2,441 | +€490 | +25.1% |
| Recurring financial charges | 65 | €1,950 | €2,441 | +€490 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €22,180 | €36,762 | +€14,582 | +65.7% |
| Income taxes | 67/77 | €7,088 | €10,600 | +€3,512 | +49.5% |
| Profit (loss) for the period | 9904 | €15,091 | €26,162 | +€11,071 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,091 | €26,162 | +€11,071 | +73.4% |
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.