DEKNOCK: 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
DEKNOCK
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€100,470
2024 · €480,351-€379,881
Equity
€1.3m
2024 · €1.4m-€163,584
Cash
€263,620
2024 · €250,801+€12,820
Balance sheet total
€2.2m
2024 · €2.4m-€199,485
Largest movements
Assets
- Receivables within one year -€248,301
down €248,301 (-38.3%), from €648,926 to €400,625
of which Trade receivables: -€138,463
- Stocks and contracts +€60,357
up €60,357 (+4.3%), from €1.4m to €1.5m
Equity and liabilities
- Trade debts +€227,930
up €227,930 (+168%), from €135,618 to €363,548
- Other debts -€219,090
down €219,090 (-45.3%), from €483,628 to €264,538
- Profit (loss) carried forward -€163,584
down €163,584 (-11.5%), from €1.4m to €1.3m
- Advances received -€59,554
down €59,554 (-100%), from €59,554 to €0
Income statement
- Gross operating margin -€501,722
down €501,722 (-63.4%), from €791,185 to €289,463
- Taxes -€116,317
down €116,317 (-79.1%), from €146,982 to €30,664
- Write-downs +€22,648
up €22,648 (+138%), from €16,383 to €39,030
- Other operating charges -€21,608
down €21,608 (-62.8%), from €34,381 to €12,773
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
€480,351
Gross operating margin
-€501,722
Staff costs
+€4,995
Depreciation
+€5,478
Write-downs
-€22,648
Other operating charges
+€21,608
Financial income
-€3,136
Financial charges
-€774
Taxes
+€116,317
Result 2025
€100,470
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
+€276,893
Investment
-€4,600
Financing
-€259,474
Cash 2024
€250,801
From operations (derived)
+€276,893
Net result for the year
+€100,470
Depreciation
+€27,425
Stocks and contracts
-€60,357
Receivables within one year
+€248,301
Deferred charges and accrued income
+€1,535
Trade debts
+€227,930
Tax, wage and social debts
-€246
Advances received
-€59,554
Other debts
-€219,090
Accrued charges and deferred income
+€10,478
Investment (derived)
-€4,600
Investment in fixed assets (net)
-€4,600
Financing
-€259,474
Current portion of long-term debt
+€4,335
Short-term financial debts
+€246
Contributions, distributions and other
-€264,055
Cash 2025
€263,620
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,433,076 | €2,233,591 | -€199,485 | -8.2% |
| Fixed assets | 21/28 | €113,343 | €90,518 | -€22,825 | -20.1% |
| Intangible fixed assets | 21 | €11,851 | €10,313 | -€1,538 | -13.0% |
| Tangible fixed assets | 22/27 | €101,492 | €80,205 | -€21,287 | -21.0% |
| Land and buildings | 22 | €77,938 | €63,971 | -€13,967 | -17.9% |
| Plant, machinery and equipment | 23 | €20,850 | €15,521 | -€5,329 | -25.6% |
| Furniture and vehicles | 24 | €2,705 | €713 | -€1,992 | -73.6% |
| Current assets | 29/58 | €2,319,733 | €2,143,073 | -€176,660 | -7.6% |
| Stocks and contracts in progress | 3 | €1,405,532 | €1,465,889 | +€60,357 | +4.3% |
| Stocks | 30/36 | €1,405,532 | €1,465,889 | +€60,357 | +4.3% |
| Amounts receivable within one year | 40/41 | €648,926 | €400,625 | -€248,301 | -38.3% |
| Trade receivables | 40 | €201,375 | €62,912 | -€138,463 | -68.8% |
| Other amounts receivable | 41 | €447,551 | €337,713 | -€109,838 | -24.5% |
| Cash at bank and in hand | 54/58 | €250,801 | €263,620 | +€12,820 | +5.1% |
| Deferred charges and accrued income | 490/1 | €14,474 | €12,938 | -€1,535 | -10.6% |
| Total equity and liabilities | 10/49 | €2,433,076 | €2,233,591 | -€199,485 | -8.2% |
| Equity | 10/15 | €1,448,188 | €1,284,604 | -€163,584 | -11.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,427,737 | €1,264,153 | -€163,584 | -11.5% |
| Amounts payable | 17/49 | €984,888 | €948,987 | -€35,901 | -3.6% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €734,794 | €688,415 | -€46,379 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €41,786 | €46,121 | +€4,335 | +10.4% |
| Financial debts | 43 | €1,233 | €1,480 | +€246 | +20.0% |
| Credit institutions | 430/8 | €1,233 | €1,480 | +€246 | +20.0% |
| Trade debts | 44 | €135,618 | €363,548 | +€227,930 | +168% |
| Suppliers | 440/4 | €135,618 | €363,548 | +€227,930 | +168% |
| Advances received on contracts in progress | 46 | €59,554 | €0 | -€59,554 | -100% |
| Taxes, remuneration and social security | 45 | €12,975 | €12,729 | -€246 | -1.9% |
| Taxes | 450/3 | €0 | €11 | +€11 | |
| Remuneration and social security | 454/9 | €12,975 | €12,717 | -€258 | -2.0% |
| Other amounts payable | 47/48 | €483,628 | €264,538 | -€219,090 | -45.3% |
| Accrued charges and deferred income | 492/3 | €94 | €10,572 | +€10,478 | +11,160% |
| Non-recurring operating income | 76A | €1,100 | €0 | -€1,100 | -100% |
| Remuneration, social security and pensions | 62 | €75,858 | €70,863 | -€4,995 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,904 | €27,425 | -€5,478 | -16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,383 | €39,030 | +€22,648 | +138% |
| Other operating charges | 640/8 | €34,381 | €12,773 | -€21,608 | -62.8% |
| Gross operating margin | 9900 | €791,185 | €289,463 | -€501,722 | -63.4% |
| Operating profit (loss) | 9901 | €631,659 | €139,371 | -€492,288 | -77.9% |
| Financial income | 75/76B | €12,380 | €9,244 | -€3,136 | -25.3% |
| Recurring financial income | 75 | €12,380 | €9,244 | -€3,136 | -25.3% |
| Financial charges | 65/66B | €16,707 | €17,481 | +€774 | +4.6% |
| Recurring financial charges | 65 | €16,707 | €17,481 | +€774 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €627,333 | €131,135 | -€496,198 | -79.1% |
| Income taxes | 67/77 | €146,982 | €30,664 | -€116,317 | -79.1% |
| Profit (loss) for the period | 9904 | €480,351 | €100,470 | -€379,881 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €480,351 | €100,470 | -€379,881 | -79.1% |
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 27 October 2026 via checked.be.