DESCHAUMES: 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.
DESCHAUMES
Largest movements
- Cash +€98,250
up €98,250 (+72.0%), from €136,438 to €234,688
mainly Net result for the year (+€128,446) and Depreciation (+€51,381)
- Tangible fixed assets -€51,381
down €51,381 (-21.4%), from €240,181 to €188,800
- Stocks and contracts +€20,857
up €20,857 (+7.3%), from €287,246 to €308,104
- Receivables within one year +€17,663
up €17,663 (+123.8%), from €14,272 to €31,935
of which Trade receivables: +€20,421
- Reserves +€128,446
up €128,446 (+17.5%), from €734,016 to €862,462
- Tax, wage and social debts -€25,934
down €25,934 (-39.1%), from €66,312 to €40,378
of which Taxes: -€23,008
- Debts after one year -€23,651
down €23,651 (-72.1%), from €32,799 to €9,148
- Gross operating margin -€36,554
down €36,554 (-8.1%), from €449,585 to €413,032
- Taxes -€8,195
down €8,195 (-12.7%), from €64,546 to €56,351
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,026,192 | €1,104,766 | +€78,574 | +7.7% |
| Fixed assets | 21/28 | €245,491 | €194,110 | -€51,381 | -20.9% |
| Tangible fixed assets | 22/27 | €240,181 | €188,800 | -€51,381 | -21.4% |
| Land and buildings | 22 | €139,067 | €117,796 | -€21,271 | -15.3% |
| Plant, machinery and equipment | 23 | €36,822 | €25,284 | -€11,537 | -31.3% |
| Furniture and vehicles | 24 | €64,293 | €45,720 | -€18,573 | -28.9% |
| Financial fixed assets | 28 | €5,310 | €5,310 | = | 0.0% |
| Current assets | 29/58 | €780,701 | €910,656 | +€129,955 | +16.6% |
| Stocks and contracts in progress | 3 | €287,246 | €308,104 | +€20,857 | +7.3% |
| Stocks | 30/36 | €287,246 | €308,104 | +€20,857 | +7.3% |
| Amounts receivable within one year | 40/41 | €14,272 | €31,935 | +€17,663 | +123.8% |
| Trade receivables | 40 | €6,838 | €27,260 | +€20,421 | +298.6% |
| Other amounts receivable | 41 | €7,434 | €4,675 | -€2,758 | -37.1% |
| Current investments | 50/53 | €334,769 | €334,769 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €136,438 | €234,688 | +€98,250 | +72.0% |
| Deferred charges and accrued income | 490/1 | €7,976 | €1,160 | -€6,816 | -85.5% |
| Total equity and liabilities | 10/49 | €1,026,192 | €1,104,766 | +€78,574 | +7.7% |
| Equity | 10/15 | €756,153 | €884,599 | +€128,446 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €734,016 | €862,462 | +€128,446 | +17.5% |
| Distributable reserves | 133 | €734,016 | €862,462 | +€128,446 | +17.5% |
| Profit (loss) carried forward | 14 | €3,537 | €3,537 | = | 0.0% |
| Amounts payable | 17/49 | €270,039 | €220,167 | -€49,872 | -18.5% |
| Amounts payable after more than one year | 17 | €32,799 | €9,148 | -€23,651 | -72.1% |
| Financial debts | 170/4 | €32,799 | €9,148 | -€23,651 | -72.1% |
| Amounts payable within one year | 42/48 | €237,240 | €211,019 | -€26,220 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €25,142 | €23,651 | -€1,491 | -5.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €138,738 | €134,510 | -€4,228 | -3.0% |
| Suppliers | 440/4 | €138,738 | €134,510 | -€4,228 | -3.0% |
| Taxes, remuneration and social security | 45 | €66,312 | €40,378 | -€25,934 | -39.1% |
| Taxes | 450/3 | €47,584 | €24,576 | -€23,008 | -48.4% |
| Remuneration and social security | 454/9 | €18,729 | €15,803 | -€2,926 | -15.6% |
| Other amounts payable | 47/48 | €7,047 | €12,480 | +€5,433 | +77.1% |
| Remuneration, social security and pensions | 62 | €159,259 | €158,086 | -€1,173 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,267 | €51,381 | -€1,887 | -3.5% |
| Other operating charges | 640/8 | €14,927 | €16,316 | +€1,389 | +9.3% |
| Gross operating margin | 9900 | €449,585 | €413,032 | -€36,554 | -8.1% |
| Operating profit (loss) | 9901 | €222,132 | €187,250 | -€34,883 | -15.7% |
| Financial income | 75/76B | €1,772 | €5,078 | +€3,307 | +186.6% |
| Recurring financial income | 75 | €1,772 | €5,078 | +€3,307 | +186.6% |
| Financial charges | 65/66B | €9,657 | €7,531 | -€2,126 | -22.0% |
| Recurring financial charges | 65 | €9,657 | €7,531 | -€2,126 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €214,247 | €184,797 | -€29,450 | -13.7% |
| Income taxes | 67/77 | €64,546 | €56,351 | -€8,195 | -12.7% |
| Profit (loss) for the period | 9904 | €149,702 | €128,446 | -€21,256 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €149,702 | €128,446 | -€21,256 | -14.2% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.