DESCHEEMAEKER: what changed
DESCHEEMAEKER
Largest movements
- Tangible fixed assets +€14,424
up €14,424 (+491%), from €2,936 to €17,360
of which Furniture and vehicles: +€14,745
- Stocks and contracts +€7,163
up €7,163 (+700%), from €1,023 to €8,186
of which Contracts in progress: +€4,000
- Receivables within one year +€4,787
up €4,787 (+11.3%), from €42,246 to €47,033
of which Trade receivables: +€2,650
- Cash +€2,031
up €2,031 (+26.5%), from €7,650 to €9,681
mainly Debts after one year (+€12,214) and Net result for the year (+€4,414)
- Debts after one year +€12,214
new in 2025: €12,214
- Reserves +€4,414
up €4,414 (+13.4%), from €32,821 to €37,235
- Tax, wage and social debts +€4,025
up €4,025 (+108%), from €3,734 to €7,759
of which Remuneration and social security: +€3,500
- Current portion of long-term debt +€3,406
new in 2025: €3,406
- Other debts +€2,664
up €2,664 (+49.7%), from €5,362 to €8,025
- Gross operating margin -€1,309
down €1,309 (-12.7%), from €10,338 to €9,030
- Depreciation -€666
down €666 (-35.8%), from €1,862 to €1,196
- Taxes -€406
down €406 (-18.6%), from €2,187 to €1,780
- Financial charges +€360
up €360 (+323%), from €111 to €471
- Financial income +€174
new in 2025: €174
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,659 | €83,091 | +€28,433 | +52.0% |
| Fixed assets | 21/28 | €2,936 | €17,360 | +€14,424 | +491% |
| Tangible fixed assets | 22/27 | €2,936 | €17,360 | +€14,424 | +491% |
| Plant, machinery and equipment | 23 | €1,155 | €834 | -€321 | -27.8% |
| Furniture and vehicles | 24 | €1,781 | €16,526 | +€14,745 | +828% |
| Current assets | 29/58 | €51,722 | €65,731 | +€14,009 | +27.1% |
| Stocks and contracts in progress | 3 | €1,023 | €8,186 | +€7,163 | +700% |
| Stocks | 30/36 | €1,023 | €4,186 | +€3,163 | +309% |
| Contracts in progress | 37 | - | €4,000 | +€4,000 | |
| Amounts receivable within one year | 40/41 | €42,246 | €47,033 | +€4,787 | +11.3% |
| Trade receivables | 40 | €41,713 | €44,363 | +€2,650 | +6.4% |
| Other amounts receivable | 41 | €533 | €2,670 | +€2,137 | +401% |
| Cash at bank and in hand | 54/58 | €7,650 | €9,681 | +€2,031 | +26.5% |
| Deferred charges and accrued income | 490/1 | €804 | €832 | +€28 | +3.5% |
| Total equity and liabilities | 10/49 | €54,659 | €83,091 | +€28,433 | +52.0% |
| Equity | 10/15 | €40,878 | €45,292 | +€4,414 | +10.8% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €32,821 | €37,235 | +€4,414 | +13.4% |
| Distributable reserves | 133 | €32,821 | €37,235 | +€4,414 | +13.4% |
| Amounts payable | 17/49 | €13,781 | €37,800 | +€24,018 | +174% |
| Amounts payable after more than one year | 17 | - | €12,214 | +€12,214 | |
| Financial debts | 170/4 | - | €12,214 | +€12,214 | |
| Amounts payable within one year | 42/48 | €13,781 | €25,585 | +€11,804 | +85.7% |
| Current portion of amounts payable after more than one year | 42 | - | €3,406 | +€3,406 | |
| Trade debts | 44 | €4,686 | €6,395 | +€1,710 | +36.5% |
| Suppliers | 440/4 | €4,686 | €6,395 | +€1,710 | +36.5% |
| Taxes, remuneration and social security | 45 | €3,734 | €7,759 | +€4,025 | +108% |
| Taxes | 450/3 | €1,234 | €1,759 | +€525 | +42.6% |
| Remuneration and social security | 454/9 | €2,500 | €6,000 | +€3,500 | +140% |
| Other amounts payable | 47/48 | €5,362 | €8,025 | +€2,664 | +49.7% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,862 | €1,196 | -€666 | -35.8% |
| Other operating charges | 640/8 | €1,178 | €1,342 | +€164 | +14.0% |
| Gross operating margin | 9900 | €10,338 | €9,030 | -€1,309 | -12.7% |
| Operating profit (loss) | 9901 | €7,299 | €6,491 | -€807 | -11.1% |
| Financial income | 75/76B | - | €174 | +€174 | |
| Recurring financial income | 75 | - | €174 | +€174 | |
| Financial charges | 65/66B | €111 | €471 | +€360 | +323% |
| Recurring financial charges | 65 | €111 | €471 | +€360 | +323% |
| Profit (loss) for the period before taxes | 9903 | €7,187 | €6,195 | -€993 | -13.8% |
| Income taxes | 67/77 | €2,187 | €1,780 | -€406 | -18.6% |
| Profit (loss) for the period | 9904 | €5,001 | €4,414 | -€587 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,001 | €4,414 | -€587 | -11.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.