Degryse Katrien: 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.
Degryse Katrien
Largest movements
- Cash -€186,861
down €186,861 (-69.0%), from €270,976 to €84,116
mainly Tax, wage and social debts (-€103,866) and Current investments (-€100,000)
- Current investments +€100,000
up €100,000 (+285%), from €35,085 to €135,085
- Receivables within one year -€31,699
down €31,699 (-96.1%), from €32,991 to €1,292
of which Other amounts receivable: -€27,725
- Tangible fixed assets -€30,576
down €30,576 (-16.9%), from €181,277 to €150,701
of which Plant, machinery and equipment: -€16,007
- Tax, wage and social debts -€103,866
no longer reported in 2025 (was €103,866)
of which Remuneration and social security: -€78,619
- Reserves -€48,979
down €48,979 (-15.5%), from €316,591 to €267,612
of which Distributable reserves: -€48,979
- Gross operating margin -€1.7m
down €1.7m (-99.2%), from €1.7m to €14,019
- Staff costs -€1.4m
down €1.4m, from €1.4m to -€4,495
- Taxes -€60,575
down €60,575, from €60,283 to -€292
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 | €526,039 | €373,575 | -€152,464 | -29.0% |
| Fixed assets | 21/28 | €181,277 | €150,701 | -€30,576 | -16.9% |
| Tangible fixed assets | 22/27 | €181,277 | €150,701 | -€30,576 | -16.9% |
| Land and buildings | 22 | €143,656 | €134,649 | -€9,007 | -6.3% |
| Plant, machinery and equipment | 23 | €16,007 | - | -€16,007 | |
| Furniture and vehicles | 24 | €21,614 | €16,052 | -€5,562 | -25.7% |
| Current assets | 29/58 | €344,762 | €222,874 | -€121,888 | -35.4% |
| Amounts receivable within one year | 40/41 | €32,991 | €1,292 | -€31,699 | -96.1% |
| Trade receivables | 40 | €3,974 | - | -€3,974 | |
| Other amounts receivable | 41 | €29,017 | €1,292 | -€27,725 | -95.5% |
| Current investments | 50/53 | €35,085 | €135,085 | +€100,000 | +285% |
| Cash at bank and in hand | 54/58 | €270,976 | €84,116 | -€186,861 | -69.0% |
| Deferred charges and accrued income | 490/1 | €5,710 | €2,381 | -€3,328 | -58.3% |
| Total equity and liabilities | 10/49 | €526,039 | €373,575 | -€152,464 | -29.0% |
| Equity | 10/15 | €416,591 | €367,612 | -€48,979 | -11.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Contributions outside capital | 11 | €100,000 | €100,000 | = | 0.0% |
| Other | 1109/19 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €316,591 | €267,612 | -€48,979 | -15.5% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €306,591 | €257,612 | -€48,979 | -16.0% |
| Amounts payable | 17/49 | €109,448 | €5,963 | -€103,485 | -94.6% |
| Amounts payable within one year | 42/48 | €108,198 | €4,713 | -€103,485 | -95.6% |
| Trade debts | 44 | €3,581 | €1,513 | -€2,068 | -57.8% |
| Suppliers | 440/4 | €3,581 | €1,513 | -€2,068 | -57.8% |
| Taxes, remuneration and social security | 45 | €103,866 | - | -€103,866 | |
| Taxes | 450/3 | €25,247 | - | -€25,247 | |
| Remuneration and social security | 454/9 | €78,619 | - | -€78,619 | |
| Other amounts payable | 47/48 | €752 | €3,201 | +€2,449 | +326% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Non-recurring operating income | 76A | - | €12,656 | +€12,656 | |
| Remuneration, social security and pensions | 62 | €1,444,805 | -€4,495 | -€1.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,111 | €17,354 | -€9,758 | -36.0% |
| Other operating charges | 640/8 | €2,001 | €2,123 | +€123 | +6.1% |
| Gross operating margin | 9900 | €1,691,546 | €14,019 | -€1.7m | -99.2% |
| Operating profit (loss) | 9901 | €217,629 | -€963 | -€218,592 | |
| Financial income | 75/76B | €1,083 | €2,924 | +€1,841 | +170% |
| Recurring financial income | 75 | €1,083 | €2,924 | +€1,841 | +170% |
| Financial charges | 65/66B | €1,276 | €1,448 | +€172 | +13.5% |
| Recurring financial charges | 65 | €1,276 | €1,448 | +€172 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €217,436 | €513 | -€216,923 | -99.8% |
| Income taxes | 67/77 | €60,283 | -€292 | -€60,575 | |
| Profit (loss) for the period | 9904 | €157,153 | €805 | -€156,348 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €157,153 | €805 | -€156,348 | -99.5% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.