DEKEYZER4INVEST: 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.
What changed
DEKEYZER4INVEST
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.1m-€85,851
Equity
€4.5m
2024 · €3.5m+€1.0m
Cash
€254,967
2024 · €295,508-€40,540
Balance sheet total
€18.3m
2024 · €17.1m+€1.2m
Largest movements
Assets
- Financial fixed assets +€1.1m
up €1.1m (+6.6%), from €16.5m to €17.6m
Equity and liabilities
- Reserves +€1.0m
up €1.0m (+44.8%), from €2.3m to €3.3m
of which Distributable reserves: +€1.0m
Income statement
- Gross operating margin -€69,135
down €69,135 (-10.7%), from €648,728 to €579,593
- Financial charges +€15,524
up €15,524 (+2,118%), from €733 to €16,257
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
€1.1m
Gross operating margin
-€69,135
Other operating charges
-€57
Financial income
-€2,604
Financial charges
-€15,524
Taxes
+€1,470
Result 2025
€1.0m
raises the resultlowers the result
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.
From operations
+€908,951
Investment
-€1.1m
Financing
+€145,000
Cash 2024
€295,508
From operations (derived)
+€908,951
Net result for the year
+€1.0m
Receivables within one year
-€169,605
Deferred charges and accrued income
+€1,377
Trade debts
-€3,500
Tax, wage and social debts
+€18,489
Other debts
+€50,552
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
+€145,000
Debts after one year
+€50,000
Current portion of long-term debt
+€95,000
Cash 2025
€254,967
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,096,607 | €18,318,787 | +€1.2m | +7.1% |
| Fixed assets | 21/28 | €16,492,572 | €17,587,064 | +€1.1m | +6.6% |
| Financial fixed assets | 28 | €16,492,572 | €17,587,064 | +€1.1m | +6.6% |
| Current assets | 29/58 | €604,035 | €731,723 | +€127,688 | +21.1% |
| Amounts receivable within one year | 40/41 | €307,151 | €476,756 | +€169,605 | +55.2% |
| Trade receivables | 40 | €7,340 | €118,150 | +€110,810 | +1,510% |
| Other amounts receivable | 41 | €299,811 | €358,606 | +€58,795 | +19.6% |
| Cash at bank and in hand | 54/58 | €295,508 | €254,967 | -€40,540 | -13.7% |
| Deferred charges and accrued income | 490/1 | €1,377 | €0 | -€1,377 | -100% |
| Total equity and liabilities | 10/49 | €17,096,607 | €18,318,787 | +€1.2m | +7.1% |
| Equity | 10/15 | €3,465,631 | €4,477,269 | +€1.0m | +29.2% |
| Contributions | 10/11 | €1,206,200 | €1,206,200 | = | 0.0% |
| Reserves | 13 | €2,259,431 | €3,271,069 | +€1.0m | +44.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,259,431 | €3,271,069 | +€1.0m | +44.8% |
| Amounts payable | 17/49 | €13,630,976 | €13,841,518 | +€210,541 | +1.5% |
| Amounts payable after more than one year | 17 | €12,800,000 | €12,850,000 | +€50,000 | +0.4% |
| Financial debts | 170/4 | €12,800,000 | €12,850,000 | +€50,000 | +0.4% |
| Amounts payable within one year | 42/48 | €829,476 | €990,017 | +€160,541 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €805,000 | €900,000 | +€95,000 | +11.8% |
| Trade debts | 44 | €17,180 | €13,680 | -€3,500 | -20.4% |
| Suppliers | 440/4 | €17,180 | €13,680 | -€3,500 | -20.4% |
| Taxes, remuneration and social security | 45 | €7,297 | €25,786 | +€18,489 | +253% |
| Taxes | 450/3 | €7,297 | €25,786 | +€18,489 | +253% |
| Other amounts payable | 47/48 | - | €50,552 | +€50,552 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €1,094 | €1,151 | +€57 | +5.2% |
| Gross operating margin | 9900 | €648,728 | €579,593 | -€69,135 | -10.7% |
| Operating profit (loss) | 9901 | €647,634 | €578,442 | -€69,192 | -10.7% |
| Financial income | 75/76B | €602,604 | €600,000 | -€2,604 | -0.4% |
| Recurring financial income | 75 | €602,604 | €600,000 | -€2,604 | -0.4% |
| Financial charges | 65/66B | €733 | €16,257 | +€15,524 | +2,118% |
| Recurring financial charges | 65 | €733 | €16,257 | +€15,524 | +2,118% |
| Profit (loss) for the period before taxes | 9903 | €1,249,506 | €1,162,185 | -€87,321 | -7.0% |
| Income taxes | 67/77 | €152,016 | €150,546 | -€1,470 | -1.0% |
| Profit (loss) for the period | 9904 | €1,097,489 | €1,011,639 | -€85,851 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,097,489 | €1,011,639 | -€85,851 | -7.8% |
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 30 October 2026 via checked.be.