Des Champs: 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.
Des Champs
Largest movements
- Tangible fixed assets -€32,501
down €32,501 (-9.9%), from €328,618 to €296,117
of which Land and buildings: -€25,368
- Cash -€13,222
down €13,222 (-30.7%), from €43,136 to €29,914
mainly Other debts (-€26,690) and Debts after one year (-€14,116)
- Other debts -€26,690
down €26,690 (-44.4%), from €60,085 to €33,395
- Debts after one year -€14,116
down €14,116 (-13.0%), from €108,916 to €94,801
- Reserves -€4,229
down €4,229 (-8.1%), from €52,008 to €47,779
of which Tax-exempt reserves: -€4,229
- Depreciation -€1,092
down €1,092 (-3.3%), from €33,593 to €32,501
- Financial charges -€969
down €969 (-25.7%), from €3,770 to €2,801
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 | €384,278 | €337,198 | -€47,080 | -12.3% |
| Fixed assets | 21/28 | €328,868 | €296,367 | -€32,501 | -9.9% |
| Tangible fixed assets | 22/27 | €328,618 | €296,117 | -€32,501 | -9.9% |
| Land and buildings | 22 | €321,096 | €295,728 | -€25,368 | -7.9% |
| Furniture and vehicles | 24 | €7,522 | €389 | -€7,133 | -94.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €55,410 | €40,831 | -€14,579 | -26.3% |
| Amounts receivable within one year | 40/41 | €2,494 | €1,250 | -€1,244 | -49.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,494 | €1,250 | -€1,244 | -49.9% |
| Current investments | 50/53 | €7,000 | €7,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,136 | €29,914 | -€13,222 | -30.7% |
| Deferred charges and accrued income | 490/1 | €2,780 | €2,666 | -€114 | -4.1% |
| Total equity and liabilities | 10/49 | €384,278 | €337,198 | -€47,080 | -12.3% |
| Equity | 10/15 | €191,369 | €185,382 | -€5,987 | -3.1% |
| Contributions | 10/11 | €123,700 | €123,700 | = | 0.0% |
| Reserves | 13 | €52,008 | €47,779 | -€4,229 | -8.1% |
| Tax-exempt reserves | 132 | €28,908 | €24,679 | -€4,229 | -14.6% |
| Distributable reserves | 133 | €23,100 | €23,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,661 | €13,903 | -€1,758 | -11.2% |
| Provisions and deferred taxes | 16 | €9,114 | €7,704 | -€1,410 | -15.5% |
| Deferred taxes | 168 | €9,114 | €7,704 | -€1,410 | -15.5% |
| Amounts payable | 17/49 | €183,795 | €144,112 | -€39,683 | -21.6% |
| Amounts payable after more than one year | 17 | €108,916 | €94,801 | -€14,116 | -13.0% |
| Financial debts | 170/4 | €108,916 | €94,801 | -€14,116 | -13.0% |
| Amounts payable within one year | 42/48 | €74,879 | €49,311 | -€25,567 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €13,893 | €14,116 | +€223 | +1.6% |
| Trade debts | 44 | €145 | €1,206 | +€1,061 | +731% |
| Suppliers | 440/4 | €145 | €1,206 | +€1,061 | +731% |
| Advances received on contracts in progress | 46 | €310 | €325 | +€15 | +4.8% |
| Taxes, remuneration and social security | 45 | €446 | €270 | -€176 | -39.4% |
| Taxes | 450/3 | €446 | €270 | -€176 | -39.4% |
| Other amounts payable | 47/48 | €60,085 | €33,395 | -€26,690 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,593 | €32,501 | -€1,092 | -3.3% |
| Other operating charges | 640/8 | €6,239 | €6,411 | +€172 | +2.8% |
| Gross operating margin | 9900 | €34,927 | €35,084 | +€158 | +0.5% |
| Operating profit (loss) | 9901 | -€4,905 | -€3,827 | +€1,078 | +22.0% |
| Financial income | 75/76B | €102 | €85 | -€17 | -17.0% |
| Recurring financial income | 75 | €102 | €85 | -€17 | -17.0% |
| Financial charges | 65/66B | €3,770 | €2,801 | -€969 | -25.7% |
| Recurring financial charges | 65 | €3,770 | €2,801 | -€969 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,573 | -€6,544 | +€2,029 | +23.7% |
| Transfer from deferred taxes | 780 | €5,639 | €5,639 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €506 | €853 | +€348 | +68.7% |
| Profit (loss) for the period | 9904 | -€3,440 | -€1,758 | +€1,682 | +48.9% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,440 | -€1,758 | +€1,682 | +48.9% |
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.