DEQUACHIM: 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
DEQUACHIM
NACE 38.330, Waste collection, recovery and disposal activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€747,756
2024 · €1.4m-€655,394
Equity
€6.0m
2024 · €5.4m+€567,557
Cash
€1.1m
2024 · €629,139+€459,583
Balance sheet total
€8.6m
2024 · €9.2m-€570,863
Largest movements
Assets
- Current investments -€1.4m
down €1.4m (-100%), from €1.4m to €0
- Tangible fixed assets +€870,025
up €870,025 (+52.1%), from €1.7m to €2.5m
of which Assets under construction and advance payments: +€1.0m
- Cash +€459,583
up €459,583 (+73.0%), from €629,139 to €1.1m
mainly Current investments (+€1.4m) and Net result for the year (+€747,756)
- Receivables within one year -€290,887
down €290,887 (-13.2%), from €2.2m to €1.9m
of which Trade receivables: -€577,946
- Receivables after one year -€262,230
down €262,230 (-86.1%), from €304,693 to €42,463
Equity and liabilities
- Profit (loss) carried forward +€572,756
up €572,756 (+13.2%), from €4.4m to €4.9m
- Trade debts -€443,408
down €443,408 (-25.0%), from €1.8m to €1.3m
- Debts after one year -€398,913
down €398,913 (-52.4%), from €761,637 to €362,724
- Other debts -€225,000
down €225,000 (-56.2%), from €400,250 to €175,250
- Current portion of long-term debt -€188,955
down €188,955 (-32.1%), from €587,868 to €398,913
Income statement
- Turnover -€978,072
down €978,072 (-7.5%), from €13.1m to €12.1m
- Services and other goods -€233,416
down €233,416 (-8.0%), from €2.9m to €2.7m
- Taxes -€232,701
down €232,701 (-47.3%), from €492,334 to €259,633
of which Taxes: -€232,701
- Staff costs +€189,947
up €189,947 (+15.9%), from €1.2m to €1.4m
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
€1.4m
Turnover
-€978,072
Other operating income
+€40,112
Goods and materials
-€27,106
Services and other goods
+€233,416
Staff costs
-€189,947
Depreciation
-€18,943
Write-downs
+€16,411
Other operating charges
+€13,321
Other operating items
+€20,893
Financial income
-€12,861
Financial charges
+€14,681
Taxes
+€232,701
Result 2025
€747,756
raises the resultlowers the resultnot broken down further in the accounts
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
+€917,065
Investment
+€209,765
Financing
-€667,247
Cash 2024
€629,139
From operations (derived)
+€917,065
Net result for the year
+€747,756
Depreciation
+€257,408
Receivables after one year
+€262,230
Stocks and contracts
-€16,563
Receivables within one year
+€290,887
Deferred charges and accrued income
+€26,720
Trade debts
-€443,408
Tax, wage and social debts
+€23,449
Other debts
-€225,000
Accrued charges and deferred income
-€6,412
Investment (derived)
+€209,765
Investment in fixed assets (net)
-€1.2m
Current investments
+€1.4m
Financing
-€667,247
Debts after one year
-€398,913
Current portion of long-term debt
-€188,955
Short-term financial debts
+€100,820
Contributions, distributions and other
-€180,199
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,214,542 | €8,643,679 | -€570,863 | -6.2% |
| Fixed assets | 21/28 | €3,804,477 | €4,737,305 | +€932,828 | +24.5% |
| Intangible fixed assets | 21 | €50,590 | €113,392 | +€62,802 | +124% |
| Tangible fixed assets | 22/27 | €1,669,316 | €2,539,341 | +€870,025 | +52.1% |
| Land and buildings | 22 | €750,860 | €711,036 | -€39,825 | -5.3% |
| Plant, machinery and equipment | 23 | €481,454 | €368,229 | -€113,224 | -23.5% |
| Furniture and vehicles | 24 | €18,761 | €23,720 | +€4,959 | +26.4% |
| Other tangible fixed assets | 26 | €186,280 | €159,889 | -€26,390 | -14.2% |
| Assets under construction and advance payments | 27 | €231,962 | €1,276,468 | +€1.0m | +450% |
| Financial fixed assets | 28 | €2,084,571 | €2,084,571 | = | 0.0% |
| Affiliated companies | 280/1 | €2,084,571 | €2,084,571 | = | 0.0% |
| Participating interests | 280 | €2,084,571 | €2,084,571 | = | 0.0% |
| Current assets | 29/58 | €5,410,065 | €3,906,374 | -€1.5m | -27.8% |
| Amounts receivable after more than one year | 29 | €304,693 | €42,463 | -€262,230 | -86.1% |
| Other amounts receivable | 291 | €304,693 | €42,463 | -€262,230 | -86.1% |
| Stocks and contracts in progress | 3 | €661,458 | €678,021 | +€16,563 | +2.5% |
| Stocks | 30/36 | €661,458 | €678,021 | +€16,563 | +2.5% |
| Raw materials and consumables | 30/31 | €578,049 | €586,822 | +€8,773 | +1.5% |
| Finished goods | 33 | €83,409 | €91,199 | +€7,790 | +9.3% |
| Amounts receivable within one year | 40/41 | €2,200,357 | €1,909,470 | -€290,887 | -13.2% |
| Trade receivables | 40 | €2,081,099 | €1,503,153 | -€577,946 | -27.8% |
| Other amounts receivable | 41 | €119,258 | €406,317 | +€287,059 | +241% |
| Current investments | 50/53 | €1,400,000 | €0 | -€1.4m | -100% |
| Other investments | 51/53 | €1,400,000 | €0 | -€1.4m | -100% |
| Cash at bank and in hand | 54/58 | €629,139 | €1,088,722 | +€459,583 | +73.0% |
| Deferred charges and accrued income | 490/1 | €214,418 | €187,698 | -€26,720 | -12.5% |
| Total equity and liabilities | 10/49 | €9,214,542 | €8,643,679 | -€570,863 | -6.2% |
| Equity | 10/15 | €5,439,252 | €6,006,808 | +€567,557 | +10.4% |
| Contributions | 10/11 | €133,863 | €133,863 | = | 0.0% |
| Capital | 10 | €128,900 | €128,900 | = | 0.0% |
| Issued capital | 100 | €128,900 | €128,900 | = | 0.0% |
| Contributions outside capital | 11 | €4,963 | €4,963 | = | 0.0% |
| Share premium | 1100/10 | €4,963 | €4,963 | = | 0.0% |
| Reserves | 13 | €902,685 | €902,685 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,890 | €12,890 | = | 0.0% |
| Legal reserve | 130 | €12,890 | €12,890 | = | 0.0% |
| Tax-exempt reserves | 132 | €40,565 | €40,565 | = | 0.0% |
| Distributable reserves | 133 | €849,230 | €849,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,353,756 | €4,926,512 | +€572,756 | +13.2% |
| Investment grants | 15 | €48,949 | €43,749 | -€5,199 | -10.6% |
| Amounts payable | 17/49 | €3,775,290 | €2,636,871 | -€1.1m | -30.2% |
| Amounts payable after more than one year | 17 | €761,637 | €362,724 | -€398,913 | -52.4% |
| Financial debts | 170/4 | €761,637 | €362,724 | -€398,913 | -52.4% |
| Subordinated loans | 170 | €50,975 | €0 | -€50,975 | -100% |
| Credit institutions | 173 | €710,662 | €362,724 | -€347,938 | -49.0% |
| Amounts payable within one year | 42/48 | €2,990,977 | €2,257,883 | -€733,094 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €587,868 | €398,913 | -€188,955 | -32.1% |
| Financial debts | 43 | €18,381 | €119,201 | +€100,820 | +549% |
| Credit institutions | 430/8 | €18,381 | €119,201 | +€100,820 | +549% |
| Trade debts | 44 | €1,770,738 | €1,327,330 | -€443,408 | -25.0% |
| Suppliers | 440/4 | €1,770,738 | €1,327,330 | -€443,408 | -25.0% |
| Taxes, remuneration and social security | 45 | €213,740 | €237,189 | +€23,449 | +11.0% |
| Taxes | 450/3 | €38,057 | €37,250 | -€807 | -2.1% |
| Remuneration and social security | 454/9 | €175,683 | €199,938 | +€24,255 | +13.8% |
| Other amounts payable | 47/48 | €400,250 | €175,250 | -€225,000 | -56.2% |
| Accrued charges and deferred income | 492/3 | €22,677 | €16,264 | -€6,412 | -28.3% |
| Operating income | 70/76A | €13,303,578 | €12,386,511 | -€917,067 | -6.9% |
| Turnover | 70 | €13,075,871 | €12,097,798 | -€978,072 | -7.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€13,903 | €7,790 | +€21,693 | |
| Other operating income | 74 | €240,811 | €280,923 | +€40,112 | +16.7% |
| Non-recurring operating income | 76A | €800 | €0 | -€800 | -100% |
| Operating charges | 60/66A | €11,389,937 | €11,362,786 | -€27,152 | -0.2% |
| Goods for resale, raw materials and consumables | 60 | €6,971,030 | €6,998,135 | +€27,106 | +0.4% |
| Purchases | 600/8 | €6,968,162 | €7,006,909 | +€38,746 | +0.6% |
| Change in stocks: decrease (increase) | 609 | €2,867 | -€8,773 | -€11,641 | |
| Services and other goods | 61 | €2,900,429 | €2,667,013 | -€233,416 | -8.0% |
| Remuneration, social security and pensions | 62 | €1,194,703 | €1,384,650 | +€189,947 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238,465 | €257,408 | +€18,943 | +7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,411 | €0 | -€16,411 | -100% |
| Other operating charges | 640/8 | €68,900 | €55,579 | -€13,321 | -19.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €1,913,641 | €1,023,726 | -€889,915 | -46.5% |
| Financial income | 75/76B | €40,416 | €27,554 | -€12,861 | -31.8% |
| Recurring financial income | 75 | €40,416 | €27,554 | -€12,861 | -31.8% |
| Income from current assets | 751 | €34,538 | €22,355 | -€12,182 | -35.3% |
| Other financial income | 752/9 | €5,878 | €5,199 | -€679 | -11.5% |
| Financial charges | 65/66B | €58,572 | €43,891 | -€14,681 | -25.1% |
| Recurring financial charges | 65 | €58,572 | €43,891 | -€14,681 | -25.1% |
| Debt charges | 650 | €46,202 | €30,392 | -€15,810 | -34.2% |
| Other financial charges | 652/9 | €12,370 | €13,500 | +€1,129 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €1,895,484 | €1,007,389 | -€888,095 | -46.9% |
| Income taxes | 67/77 | €492,334 | €259,633 | -€232,701 | -47.3% |
| Taxes | 670/3 | €492,334 | €259,633 | -€232,701 | -47.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,403,150 | €747,756 | -€655,394 | -46.7% |
| Transfer from tax-exempt reserves | 789 | €324,170 | €0 | -€324,170 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €1,727,320 | €747,756 | -€979,564 | -56.7% |
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 19 October 2026 via checked.be.