DEGUELDRE ISOLATION: 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.
DEGUELDRE ISOLATION
Largest movements
- Cash +€149,185
up €149,185 (+148%), from €100,950 to €250,134
mainly Other debts (+€232,334) and Net result for the year (+€142,675)
- Receivables within one year -€75,986
down €75,986 (-86.8%), from €87,561 to €11,575
of which Trade receivables: -€67,773
- Tangible fixed assets -€62,323
down €62,323 (-18.2%), from €343,289 to €280,966
of which Leasing and similar rights: -€42,779
- Stocks and contracts +€47,960
up €47,960 (+86.8%), from €55,224 to €103,184
- Other debts +€232,334
up €232,334 (+637%), from €36,490 to €268,824
- Profit (loss) carried forward -€157,325
down €157,325 (-68.2%), from €230,826 to €73,501
- Debts after one year -€42,240
down €42,240 (-23.3%), from €181,550 to €139,310
- Tax, wage and social debts +€33,444
up €33,444 (+292%), from €11,444 to €44,888
of which Taxes: +€29,275
- Trade debts -€11,979
down €11,979 (-33.8%), from €35,456 to €23,477
- Financial income -€16,983
down €16,983 (-65.4%), from €25,985 to €9,003
of which Non-recurring financial income: -€16,104
- Gross operating margin +€9,459
up €9,459 (+1.9%), from €491,229 to €500,688
- Depreciation +€8,591
up €8,591 (+6.6%), from €130,176 to €138,767
- Taxes -€7,617
down €7,617 (-15.6%), from €48,824 to €41,206
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 | €606,107 | €667,929 | +€61,822 | +10.2% |
| Fixed assets | 21/28 | €343,413 | €281,090 | -€62,323 | -18.1% |
| Tangible fixed assets | 22/27 | €343,289 | €280,966 | -€62,323 | -18.2% |
| Plant, machinery and equipment | 23 | €36,000 | €21,439 | -€14,561 | -40.4% |
| Furniture and vehicles | 24 | €14,323 | €9,869 | -€4,454 | -31.1% |
| Leasing and similar rights | 25 | €290,245 | €247,466 | -€42,779 | -14.7% |
| Other tangible fixed assets | 26 | €2,720 | €2,192 | -€528 | -19.4% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €262,695 | €386,839 | +€124,145 | +47.3% |
| Stocks and contracts in progress | 3 | €55,224 | €103,184 | +€47,960 | +86.8% |
| Stocks | 30/36 | €55,224 | €103,184 | +€47,960 | +86.8% |
| Amounts receivable within one year | 40/41 | €87,561 | €11,575 | -€75,986 | -86.8% |
| Trade receivables | 40 | €74,378 | €6,605 | -€67,773 | -91.1% |
| Other amounts receivable | 41 | €13,183 | €4,970 | -€8,213 | -62.3% |
| Cash at bank and in hand | 54/58 | €100,950 | €250,134 | +€149,185 | +148% |
| Deferred charges and accrued income | 490/1 | €18,960 | €21,946 | +€2,986 | +15.7% |
| Total equity and liabilities | 10/49 | €606,107 | €667,929 | +€61,822 | +10.2% |
| Equity | 10/15 | €235,826 | €78,501 | -€157,325 | -66.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230,826 | €73,501 | -€157,325 | -68.2% |
| Amounts payable | 17/49 | €370,281 | €589,428 | +€219,147 | +59.2% |
| Amounts payable after more than one year | 17 | €181,550 | €139,310 | -€42,240 | -23.3% |
| Financial debts | 170/4 | €181,550 | €139,310 | -€42,240 | -23.3% |
| Amounts payable within one year | 42/48 | €186,890 | €448,929 | +€262,039 | +140% |
| Current portion of amounts payable after more than one year | 42 | €103,501 | €111,739 | +€8,239 | +8.0% |
| Trade debts | 44 | €35,456 | €23,477 | -€11,979 | -33.8% |
| Suppliers | 440/4 | €35,456 | €23,477 | -€11,979 | -33.8% |
| Taxes, remuneration and social security | 45 | €11,444 | €44,888 | +€33,444 | +292% |
| Taxes | 450/3 | €3,978 | €33,253 | +€29,275 | +736% |
| Remuneration and social security | 454/9 | €7,465 | €11,635 | +€4,170 | +55.9% |
| Other amounts payable | 47/48 | €36,490 | €268,824 | +€232,334 | +637% |
| Accrued charges and deferred income | 492/3 | €1,841 | €1,190 | -€651 | -35.4% |
| Remuneration, social security and pensions | 62 | €160,632 | €164,950 | +€4,318 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,176 | €138,767 | +€8,591 | +6.6% |
| Other operating charges | 640/8 | €2,716 | €3,703 | +€987 | +36.4% |
| Gross operating margin | 9900 | €491,229 | €500,688 | +€9,459 | +1.9% |
| Operating profit (loss) | 9901 | €197,706 | €193,269 | -€4,438 | -2.2% |
| Financial income | 75/76B | €25,985 | €9,003 | -€16,983 | -65.4% |
| Recurring financial income | 75 | €9,531 | €8,653 | -€878 | -9.2% |
| Non-recurring financial income | 76B | €16,454 | €350 | -€16,104 | -97.9% |
| Financial charges | 65/66B | €15,859 | €18,390 | +€2,531 | +16.0% |
| Recurring financial charges | 65 | €15,771 | €15,406 | -€365 | -2.3% |
| Non-recurring financial charges | 66B | €88 | €2,984 | +€2,896 | +3,288% |
| Profit (loss) for the period before taxes | 9903 | €207,833 | €183,881 | -€23,952 | -11.5% |
| Income taxes | 67/77 | €48,824 | €41,206 | -€7,617 | -15.6% |
| Profit (loss) for the period | 9904 | €159,009 | €142,675 | -€16,334 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €159,009 | €142,675 | -€16,334 | -10.3% |
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 29 October 2026 via checked.be.