DEJONCKHEERE: what changed
Two fiscal 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.
What changed
DEJONCKHEERE
NACE 46.212, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€108,126
2024 · €25,310+€82,816
Equity
€2.3m
2024 · €2.2m+€108,126
Cash
€1.0m
2024 · €1.0m+€932
Balance sheet total
€6.7m
2024 · €6.2m+€478,477
Largest movements
Assets
- Tangible fixed assets +€198,999
up €198,999 (+9.4%), from €2.1m to €2.3m
of which Leasing and similar rights: +€301,542
- Receivables within one year +€148,172
up €148,172 (+7.7%), from €1.9m to €2.1m
of which Trade receivables: +€150,685
- Stocks and contracts +€110,423
up €110,423 (+12.4%), from €893,509 to €1.0m
Equity and liabilities
- Trade debts +€479,668
up €479,668 (+43.3%), from €1.1m to €1.6m
- Other debts -€260,264
down €260,264 (-44.0%), from €592,034 to €331,770
- Reserves +€108,126
up €108,126 (+5.7%), from €1.9m to €2.0m
of which Distributable reserves: +€181,044
- Debts after one year +€92,555
up €92,555 (+5.2%), from €1.8m to €1.9m
Income statement
- Gross operating margin +€184,794
up €184,794 (+25.3%), from €730,672 to €915,466
- Depreciation +€82,688
up €82,688 (+24.9%), from €332,340 to €415,029
- Staff costs +€41,981
up €41,981 (+16.4%), from €256,092 to €298,074
- Financial charges -€23,583
down €23,583 (-20.1%), from €117,399 to €93,815
- Taxes +€12,936
up €12,936 (+1360.5%), from €951 to €13,887
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.
Result 2024
€25,310
Gross operating margin
+€184,794
Staff costs
-€41,981
Depreciation
-€82,688
Other operating charges
-€1,271
Financial income
+€7,886
Financial charges
+€23,583
Taxes
-€12,936
Deferred taxes and other
+€5,429
Result 2025
€108,126
Cash bridge derived
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.
From operations
+€500,845
Investment
-€641,528
Financing
+€141,615
Cash 2024
€1.0m
From operations (derived)
+€500,845
Net result for the year
+€108,126
Depreciation
+€415,029
Stocks and contracts
-€110,423
Receivables within one year
-€148,172
Deferred charges and accrued income
+€7,549
Provisions
-€429
Trade debts
+€479,668
Tax, wage and social debts
+€26,910
Other debts
-€260,264
Accrued charges and deferred income
-€17,149
Investment (derived)
-€641,528
Investment in fixed assets (net)
-€614,028
Current investments
-€27,500
Financing
+€141,615
Debts after one year
+€92,555
Current portion of long-term debt
+€49,061
Cash 2025
€1.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,237,325 | €6,715,801 | +€478,477 | +7.7% |
| Fixed assets | 21/28 | €2,214,486 | €2,413,485 | +€198,999 | +9.0% |
| Tangible fixed assets | 22/27 | €2,127,976 | €2,326,975 | +€198,999 | +9.4% |
| Land and buildings | 22 | €1,578,534 | €1,580,001 | +€1,467 | +0.1% |
| Plant, machinery and equipment | 23 | €193,388 | €102,424 | -€90,963 | -47.0% |
| Furniture and vehicles | 24 | €207,045 | €193,998 | -€13,046 | -6.3% |
| Leasing and similar rights | 25 | €149,009 | €450,551 | +€301,542 | +202.4% |
| Financial fixed assets | 28 | €86,510 | €86,510 | = | 0.0% |
| Current assets | 29/58 | €4,022,839 | €4,302,317 | +€279,477 | +6.9% |
| Stocks and contracts in progress | 3 | €893,509 | €1,003,932 | +€110,423 | +12.4% |
| Stocks | 30/36 | €893,509 | €1,003,932 | +€110,423 | +12.4% |
| Amounts receivable within one year | 40/41 | €1,920,753 | €2,068,924 | +€148,172 | +7.7% |
| Trade receivables | 40 | €1,653,904 | €1,804,589 | +€150,685 | +9.1% |
| Other amounts receivable | 41 | €266,848 | €264,335 | -€2,513 | -0.9% |
| Current investments | 50/53 | €188,000 | €215,500 | +€27,500 | +14.6% |
| Cash at bank and in hand | 54/58 | €1,007,828 | €1,008,760 | +€932 | +0.1% |
| Deferred charges and accrued income | 490/1 | €12,750 | €5,201 | -€7,549 | -59.2% |
| Total equity and liabilities | 10/49 | €6,237,325 | €6,715,801 | +€478,477 | +7.7% |
| Equity | 10/15 | €2,164,001 | €2,272,127 | +€108,126 | +5.0% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Reserves | 13 | €1,889,001 | €1,997,127 | +€108,126 | +5.7% |
| Tax-exempt reserves | 132 | €584,228 | €511,310 | -€72,918 | -12.5% |
| Distributable reserves | 133 | €1,304,773 | €1,485,817 | +€181,044 | +13.9% |
| Provisions and deferred taxes | 16 | €50,700 | €50,271 | -€429 | -0.8% |
| Provisions for liabilities and charges | 160/5 | €45,700 | €45,700 | = | 0.0% |
| Other liabilities and charges | 164/5 | €45,700 | €45,700 | = | 0.0% |
| Deferred taxes | 168 | €5,000 | €4,571 | -€429 | -8.6% |
| Amounts payable | 17/49 | €4,022,624 | €4,393,404 | +€370,780 | +9.2% |
| Amounts payable after more than one year | 17 | €1,775,583 | €1,868,138 | +€92,555 | +5.2% |
| Financial debts | 170/4 | €1,775,583 | €1,868,138 | +€92,555 | +5.2% |
| Amounts payable within one year | 42/48 | €2,168,317 | €2,463,691 | +€295,375 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €384,306 | €433,367 | +€49,061 | +12.8% |
| Trade debts | 44 | €1,107,088 | €1,586,756 | +€479,668 | +43.3% |
| Suppliers | 440/4 | €1,107,088 | €1,586,756 | +€479,668 | +43.3% |
| Taxes, remuneration and social security | 45 | €84,889 | €111,799 | +€26,910 | +31.7% |
| Taxes | 450/3 | €34,417 | €57,406 | +€22,988 | +66.8% |
| Remuneration and social security | 454/9 | €50,471 | €54,393 | +€3,922 | +7.8% |
| Other amounts payable | 47/48 | €592,034 | €331,770 | -€260,264 | -44.0% |
| Accrued charges and deferred income | 492/3 | €78,724 | €61,575 | -€17,149 | -21.8% |
| Non-recurring operating income | 76A | €25,000 | €15,019 | -€9,981 | -39.9% |
| Remuneration, social security and pensions | 62 | €256,092 | €298,074 | +€41,981 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332,340 | €415,029 | +€82,688 | +24.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €21,693 | €22,964 | +€1,271 | +5.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €730,672 | €915,466 | +€184,794 | +25.3% |
| Operating profit (loss) | 9901 | €120,545 | €179,399 | +€58,854 | +48.8% |
| Financial income | 75/76B | €28,113 | €35,999 | +€7,886 | +28.1% |
| Recurring financial income | 75 | €28,113 | €35,999 | +€7,886 | +28.1% |
| Financial charges | 65/66B | €117,399 | €93,815 | -€23,583 | -20.1% |
| Recurring financial charges | 65 | €117,399 | €93,815 | -€23,583 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €31,260 | €121,583 | +€90,323 | +288.9% |
| Transfer from deferred taxes | 780 | - | €429 | +€429 | |
| Transfer to deferred taxes | 680 | €5,000 | €0 | -€5,000 | -100.0% |
| Income taxes | 67/77 | €951 | €13,887 | +€12,936 | +1360.5% |
| Profit (loss) for the period | 9904 | €25,310 | €108,126 | +€82,816 | +327.2% |
| Transfer from tax-exempt reserves | 789 | - | €1,718 | +€1,718 | |
| Transfer to tax-exempt reserves | 689 | €20,000 | €0 | -€20,000 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,310 | €109,844 | +€104,534 | +1968.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.