DEGUILLAUME: what changed
What changed
DEGUILLAUME
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€110,392
2024 · €76,138+€34,254
Equity
€854,113
2024 · €743,721+€110,392
Cash
€60,123
2024 · €81,903-€21,780
Balance sheet total
€1.2m
2024 · €1.2m+€53,454
Largest movements
Assets
- Tangible fixed assets +€51,410
up €51,410 (+5.0%), from €1.0m to €1.1m
of which Land and buildings: +€58,034
- Cash -€21,780
down €21,780 (-26.6%), from €81,903 to €60,123
mainly Investment in fixed assets (net) (-€118,996) and Debts after one year (-€35,745)
- Stocks and contracts +€12,200
up €12,200 (+232%), from €5,250 to €17,450
Equity and liabilities
- Profit (loss) carried forward +€110,392
up €110,392 (+20.8%), from €531,411 to €641,803
- Debts after one year -€35,745
down €35,745 (-11.1%), from €321,119 to €285,374
- Trade debts -€13,583
down €13,583 (-34.1%), from €39,886 to €26,303
Income statement
- Gross operating margin +€71,615
up €71,615 (+24.6%), from €291,523 to €363,138
- Staff costs +€28,792
up €28,792 (+28.6%), from €100,810 to €129,602
- Other operating charges -€4,227
down €4,227 (-62.2%), from €6,796 to €2,569
- Depreciation +€3,862
up €3,862 (+6.1%), from €63,724 to €67,586
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€76,138
Gross operating margin
+€71,615
Staff costs
-€28,792
Depreciation
-€3,862
Other operating charges
+€4,227
Other operating items
-€12,733
Financial income
-€442
Financial charges
+€1,929
Taxes
+€2,312
Result 2025
€110,392
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€132,037
Investment
-€118,995
Financing
-€34,822
Cash 2024
€81,903
From operations (derived)
+€132,037
Net result for the year
+€110,392
Depreciation
+€67,586
Stocks and contracts
-€12,200
Receivables within one year
-€11,253
Deferred charges and accrued income
-€372
Trade debts
-€13,583
Tax, wage and social debts
-€6,308
Other debts
-€4,275
Accrued charges and deferred income
+€2,050
Investment (derived)
-€118,995
Investment in fixed assets (net)
-€118,996
Current investments
+€1
Financing
-€34,822
Debts after one year
-€35,745
Current portion of long-term debt
+€923
Cash 2025
€60,123
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,157,964 | €1,211,418 | +€53,454 | +4.6% |
| Fixed assets | 21/28 | €1,027,355 | €1,078,765 | +€51,410 | +5.0% |
| Tangible fixed assets | 22/27 | €1,027,355 | €1,078,765 | +€51,410 | +5.0% |
| Land and buildings | 22 | €973,140 | €1,031,174 | +€58,034 | +6.0% |
| Plant, machinery and equipment | 23 | €12,371 | €10,166 | -€2,205 | -17.8% |
| Furniture and vehicles | 24 | €41,844 | €37,425 | -€4,419 | -10.6% |
| Current assets | 29/58 | €130,609 | €132,653 | +€2,044 | +1.6% |
| Stocks and contracts in progress | 3 | €5,250 | €17,450 | +€12,200 | +232% |
| Stocks | 30/36 | €5,250 | €17,450 | +€12,200 | +232% |
| Amounts receivable within one year | 40/41 | €42,426 | €53,679 | +€11,253 | +26.5% |
| Trade receivables | 40 | €37,224 | €36,019 | -€1,205 | -3.2% |
| Other amounts receivable | 41 | €5,202 | €17,660 | +€12,458 | +239% |
| Current investments | 50/53 | €21 | €20 | -€1 | -4.8% |
| Cash at bank and in hand | 54/58 | €81,903 | €60,123 | -€21,780 | -26.6% |
| Deferred charges and accrued income | 490/1 | €1,009 | €1,381 | +€372 | +36.9% |
| Total equity and liabilities | 10/49 | €1,157,964 | €1,211,418 | +€53,454 | +4.6% |
| Equity | 10/15 | €743,721 | €854,113 | +€110,392 | +14.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €204,250 | €204,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €201,450 | €201,450 | = | 0.0% |
| Distributable reserves | 133 | €2,800 | €2,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €531,411 | €641,803 | +€110,392 | +20.8% |
| Amounts payable | 17/49 | €414,243 | €357,305 | -€56,938 | -13.7% |
| Amounts payable after more than one year | 17 | €321,119 | €285,374 | -€35,745 | -11.1% |
| Financial debts | 170/4 | €321,119 | €285,374 | -€35,745 | -11.1% |
| Amounts payable within one year | 42/48 | €93,124 | €69,881 | -€23,243 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €34,822 | €35,745 | +€923 | +2.7% |
| Trade debts | 44 | €39,886 | €26,303 | -€13,583 | -34.1% |
| Suppliers | 440/4 | €39,886 | €26,303 | -€13,583 | -34.1% |
| Taxes, remuneration and social security | 45 | €13,955 | €7,647 | -€6,308 | -45.2% |
| Taxes | 450/3 | €1,753 | €2,121 | +€368 | +21.0% |
| Remuneration and social security | 454/9 | €12,202 | €5,526 | -€6,676 | -54.7% |
| Other amounts payable | 47/48 | €4,461 | €186 | -€4,275 | -95.8% |
| Accrued charges and deferred income | 492/3 | - | €2,050 | +€2,050 | |
| Remuneration, social security and pensions | 62 | €100,810 | €129,602 | +€28,792 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,724 | €67,586 | +€3,862 | +6.1% |
| Other operating charges | 640/8 | €6,796 | €2,569 | -€4,227 | -62.2% |
| Non-recurring operating charges | 66A | €1,208 | €13,941 | +€12,733 | +1,054% |
| Gross operating margin | 9900 | €291,523 | €363,138 | +€71,615 | +24.6% |
| Operating profit (loss) | 9901 | €118,985 | €149,440 | +€30,455 | +25.6% |
| Financial income | 75/76B | €471 | €29 | -€442 | -93.8% |
| Recurring financial income | 75 | €471 | €29 | -€442 | -93.8% |
| Financial charges | 65/66B | €13,304 | €11,375 | -€1,929 | -14.5% |
| Recurring financial charges | 65 | €13,304 | €11,375 | -€1,929 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €106,152 | €138,094 | +€31,942 | +30.1% |
| Income taxes | 67/77 | €30,014 | €27,702 | -€2,312 | -7.7% |
| Profit (loss) for the period | 9904 | €76,138 | €110,392 | +€34,254 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,138 | €110,392 | +€34,254 | +45.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.