DEJAEGHER: 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.
DEJAEGHER
Largest movements
- Stocks and contracts +€6.7m
up €6.7m (+240%), from €2.8m to €9.4m
- Receivables within one year +€691,430
up €691,430 (+44.6%), from €1.5m to €2.2m
of which Trade receivables: +€458,058
- Cash -€156,649
down €156,649 (-23.9%), from €655,092 to €498,443
mainly Stocks and contracts (-€6.7m) and Net result for the year (-€872,503)
- Other debts +€4.0m
up €4.0m (+161%), from €2.5m to €6.5m
- Advances received +€3.3m
up €3.3m (+49,118%), from €6,675 to €3.3m
- Profit (loss) carried forward -€872,503
down €872,503 (-540%), from -€161,496 to -€1.0m
- Current portion of long-term debt +€463,026
new in 2025: €463,026
- Accrued charges and deferred income +€261,688
up €261,688 (+232%), from €112,681 to €374,369
- Gross operating margin -€1.3m
down €1.3m (-90.8%), from €1.5m to €134,935
- Other operating charges -€784,057
down €784,057 (-52.7%), from €1.5m to €704,273
- Financial charges +€252,631
up €252,631 (+500%), from €50,533 to €303,164
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 | €6,458,086 | €13,596,729 | +€7.1m | +111% |
| Fixed assets | 21/28 | €1,413,270 | €1,413,270 | = | 0.0% |
| Financial fixed assets | 28 | €1,413,270 | €1,413,270 | = | 0.0% |
| Current assets | 29/58 | €5,044,816 | €12,183,460 | +€7.1m | +142% |
| Stocks and contracts in progress | 3 | €2,778,182 | €9,444,727 | +€6.7m | +240% |
| Stocks | 30/36 | €2,778,182 | €9,444,727 | +€6.7m | +240% |
| Amounts receivable within one year | 40/41 | €1,548,859 | €2,240,289 | +€691,430 | +44.6% |
| Trade receivables | 40 | €1,543,896 | €2,001,955 | +€458,058 | +29.7% |
| Other amounts receivable | 41 | €4,963 | €238,335 | +€233,372 | +4,702% |
| Cash at bank and in hand | 54/58 | €655,092 | €498,443 | -€156,649 | -23.9% |
| Deferred charges and accrued income | 490/1 | €62,682 | €0 | -€62,682 | -100% |
| Total equity and liabilities | 10/49 | €6,458,086 | €13,596,729 | +€7.1m | +111% |
| Equity | 10/15 | €557,754 | -€314,748 | -€872,503 | |
| Contributions | 10/11 | €718,000 | €718,000 | = | 0.0% |
| Capital | 10 | €718,000 | €718,000 | = | 0.0% |
| Issued capital | 100 | €718,000 | €718,000 | = | 0.0% |
| Reserves | 13 | €1,250 | €1,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Legal reserve | 130 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€161,496 | -€1,033,998 | -€872,503 | -540% |
| Amounts payable | 17/49 | €5,900,331 | €13,911,478 | +€8.0m | +136% |
| Amounts payable within one year | 42/48 | €5,787,651 | €13,537,109 | +€7.7m | +134% |
| Current portion of amounts payable after more than one year | 42 | - | €463,026 | +€463,026 | |
| Trade debts | 44 | €3,274,597 | €3,245,332 | -€29,265 | -0.9% |
| Suppliers | 440/4 | €3,274,597 | €3,245,332 | -€29,265 | -0.9% |
| Advances received on contracts in progress | 46 | €6,675 | €3,285,307 | +€3.3m | +49,118% |
| Other amounts payable | 47/48 | €2,506,379 | €6,543,444 | +€4.0m | +161% |
| Accrued charges and deferred income | 492/3 | €112,681 | €374,369 | +€261,688 | +232% |
| Other operating charges | 640/8 | €1,488,330 | €704,273 | -€784,057 | -52.7% |
| Gross operating margin | 9900 | €1,466,324 | €134,935 | -€1.3m | -90.8% |
| Operating profit (loss) | 9901 | -€22,006 | -€569,339 | -€547,333 | -2,487% |
| Financial income | 75/76B | €5,625 | €0 | -€5,625 | -100.0% |
| Recurring financial income | 75 | €5,625 | €0 | -€5,625 | -100.0% |
| Financial charges | 65/66B | €50,533 | €303,164 | +€252,631 | +500% |
| Recurring financial charges | 65 | €50,533 | €303,164 | +€252,631 | +500% |
| Profit (loss) for the period before taxes | 9903 | -€66,915 | -€872,503 | -€805,588 | -1,204% |
| Profit (loss) for the period | 9904 | -€66,915 | -€872,503 | -€805,588 | -1,204% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,915 | -€872,503 | -€805,588 | -1,204% |
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 25 October 2026 via checked.be.