DEGREEF JAN: 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.
DEGREEF JAN
Largest movements
- Receivables within one year -€87,673
down €87,673 (-93.9%), from €93,333 to €5,660
of which Trade receivables: -€83,635
- Tangible fixed assets -€34,621
down €34,621 (-63.5%), from €54,485 to €19,864
of which Furniture and vehicles: -€33,887
- Cash -€2,165
down €2,165 (-64.8%), from €3,340 to €1,175
mainly Net result for the year (-€66,492) and Trade debts (-€34,610)
- Profit (loss) carried forward -€66,492
down €66,492, from €36,036 to -€30,456
- Trade debts -€34,610
down €34,610 (-83.8%), from €41,302 to €6,692
- Tax, wage and social debts -€33,031
down €33,031 (-72.7%), from €45,442 to €12,411
of which Remuneration and social security: -€34,460
- Other debts +€10,775
up €10,775 (+124%), from €8,678 to €19,453
- Gross operating margin -€75,643
down €75,643, from €44,638 to -€31,005
- Financial charges +€10,785
up €10,785 (+5,992%), from €180 to €10,965
- Other operating charges +€8,813
up €8,813 (+773%), from €1,140 to €9,953
- Depreciation -€1,854
down €1,854 (-18.8%), from €9,874 to €8,020
- Taxes +€1,721
up €1,721 (+35.5%), from €4,850 to €6,571
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 | €151,158 | €26,699 | -€124,459 | -82.3% |
| Fixed assets | 21/28 | €54,485 | €19,864 | -€34,621 | -63.5% |
| Tangible fixed assets | 22/27 | €54,485 | €19,864 | -€34,621 | -63.5% |
| Plant, machinery and equipment | 23 | €1,792 | €1,058 | -€734 | -40.9% |
| Furniture and vehicles | 24 | €52,693 | €18,806 | -€33,887 | -64.3% |
| Current assets | 29/58 | €96,673 | €6,835 | -€89,838 | -92.9% |
| Amounts receivable within one year | 40/41 | €93,333 | €5,660 | -€87,673 | -93.9% |
| Trade receivables | 40 | €83,635 | €0 | -€83,635 | -100% |
| Other amounts receivable | 41 | €9,698 | €5,660 | -€4,038 | -41.6% |
| Cash at bank and in hand | 54/58 | €3,340 | €1,175 | -€2,165 | -64.8% |
| Total equity and liabilities | 10/49 | €151,158 | €26,699 | -€124,459 | -82.3% |
| Equity | 10/15 | €55,736 | -€11,856 | -€67,592 | |
| Contributions | 10/11 | €19,700 | €18,600 | -€1,100 | -5.6% |
| Profit (loss) carried forward | 14 | €36,036 | -€30,456 | -€66,492 | |
| Amounts payable | 17/49 | €95,422 | €38,555 | -€56,867 | -59.6% |
| Amounts payable within one year | 42/48 | €95,422 | €38,555 | -€56,867 | -59.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €41,302 | €6,692 | -€34,610 | -83.8% |
| Suppliers | 440/4 | €41,302 | €6,692 | -€34,610 | -83.8% |
| Taxes, remuneration and social security | 45 | €45,442 | €12,411 | -€33,031 | -72.7% |
| Taxes | 450/3 | €10,982 | €12,411 | +€1,429 | +13.0% |
| Remuneration and social security | 454/9 | €34,460 | €0 | -€34,460 | -100% |
| Other amounts payable | 47/48 | €8,678 | €19,453 | +€10,775 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,874 | €8,020 | -€1,854 | -18.8% |
| Other operating charges | 640/8 | €1,140 | €9,953 | +€8,813 | +773% |
| Gross operating margin | 9900 | €44,638 | -€31,005 | -€75,643 | |
| Operating profit (loss) | 9901 | €33,624 | -€48,977 | -€82,601 | |
| Financial income | 75/76B | €12 | €21 | +€9 | +75.8% |
| Recurring financial income | 75 | €12 | €21 | +€9 | +75.8% |
| Financial charges | 65/66B | €180 | €10,965 | +€10,785 | +5,992% |
| Recurring financial charges | 65 | €180 | €10,965 | +€10,785 | +5,992% |
| Profit (loss) for the period before taxes | 9903 | €33,456 | -€59,921 | -€93,377 | |
| Income taxes | 67/77 | €4,850 | €6,571 | +€1,721 | +35.5% |
| Profit (loss) for the period | 9904 | €28,606 | -€66,492 | -€95,098 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,606 | -€66,492 | -€95,098 |
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 19 October 2026 via checked.be.