DESCHIETERE: 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.
DESCHIETERE
Largest movements
- Tangible fixed assets +€425,787
up €425,787 (+35.4%), from €1.2m to €1.6m
of which Land and buildings: +€426,286
- Receivables within one year -€48,018
down €48,018 (-96.9%), from €49,550 to €1,532
of which Other amounts receivable: -€47,423
- Cash -€40,632
down €40,632 (-75.4%), from €53,890 to €13,258
mainly Other debts (-€576,594) and Investment in fixed assets (net) (-€559,453)
- Debts after one year +€963,095
up €963,095 (+335.8%), from €286,844 to €1.2m
of which Other amounts payable: +€633,933
- Other debts -€576,594
down €576,594 (-99.6%), from €578,914 to €2,320
- Profit (loss) carried forward -€44,533
down €44,533 (-366.9%), from -€12,137 to -€56,670
- Trade debts -€18,994
down €18,994 (-83.7%), from €22,686 to €3,692
- Current portion of long-term debt +€17,981
up €17,981 (+87.0%), from €20,656 to €38,637
- Depreciation +€58,818
up €58,818 (+78.6%), from €74,848 to €133,667
- Gross operating margin +€15,538
up €15,538 (+15.5%), from €100,398 to €115,936
- Financial charges +€12,953
up €12,953 (+250.1%), from €5,180 to €18,133
- Other operating charges +€4,983
up €4,983 (+76.3%), from €6,527 to €11,510
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 | €1,307,541 | €1,644,459 | +€336,918 | +25.8% |
| Fixed assets | 21/28 | €1,203,337 | €1,629,124 | +€425,787 | +35.4% |
| Tangible fixed assets | 22/27 | €1,203,337 | €1,629,124 | +€425,787 | +35.4% |
| Land and buildings | 22 | €1,201,341 | €1,627,627 | +€426,286 | +35.5% |
| Other tangible fixed assets | 26 | €1,996 | €1,497 | -€499 | -25.0% |
| Current assets | 29/58 | €104,204 | €15,335 | -€88,869 | -85.3% |
| Amounts receivable within one year | 40/41 | €49,550 | €1,532 | -€48,018 | -96.9% |
| Trade receivables | 40 | €2,127 | €1,532 | -€595 | -28.0% |
| Other amounts receivable | 41 | €47,423 | €0 | -€47,423 | -100.0% |
| Cash at bank and in hand | 54/58 | €53,890 | €13,258 | -€40,632 | -75.4% |
| Deferred charges and accrued income | 490/1 | €764 | €545 | -€219 | -28.7% |
| Total equity and liabilities | 10/49 | €1,307,541 | €1,644,459 | +€336,918 | +25.8% |
| Equity | 10/15 | €374,029 | €327,321 | -€46,707 | -12.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €367,574 | €365,399 | -€2,175 | -0.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €114,431 | €112,256 | -€2,175 | -1.9% |
| Distributable reserves | 133 | €251,284 | €251,284 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,137 | -€56,670 | -€44,533 | -366.9% |
| Provisions and deferred taxes | 16 | €23,275 | €22,550 | -€725 | -3.1% |
| Deferred taxes | 168 | €23,275 | €22,550 | -€725 | -3.1% |
| Amounts payable | 17/49 | €910,237 | €1,294,588 | +€384,350 | +42.2% |
| Amounts payable after more than one year | 17 | €286,844 | €1,249,938 | +€963,095 | +335.8% |
| Financial debts | 170/4 | €279,344 | €608,506 | +€329,162 | +117.8% |
| Other amounts payable | 178/9 | €7,500 | €641,433 | +€633,933 | +8452.4% |
| Amounts payable within one year | 42/48 | €623,394 | €44,649 | -€578,745 | -92.8% |
| Current portion of amounts payable after more than one year | 42 | €20,656 | €38,637 | +€17,981 | +87.0% |
| Trade debts | 44 | €22,686 | €3,692 | -€18,994 | -83.7% |
| Suppliers | 440/4 | €22,686 | €3,692 | -€18,994 | -83.7% |
| Taxes, remuneration and social security | 45 | €1,137 | €0 | -€1,137 | -100.0% |
| Taxes | 450/3 | €1,137 | €0 | -€1,137 | -100.0% |
| Other amounts payable | 47/48 | €578,914 | €2,320 | -€576,594 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,848 | €133,667 | +€58,818 | +78.6% |
| Other operating charges | 640/8 | €6,527 | €11,510 | +€4,983 | +76.3% |
| Gross operating margin | 9900 | €100,398 | €115,936 | +€15,538 | +15.5% |
| Operating profit (loss) | 9901 | €19,023 | -€29,241 | -€48,263 | |
| Financial income | 75/76B | €14 | €44 | +€29 | +207.6% |
| Recurring financial income | 75 | €14 | €44 | +€29 | +207.6% |
| Financial charges | 65/66B | €5,180 | €18,133 | +€12,953 | +250.1% |
| Recurring financial charges | 65 | €5,180 | €18,133 | +€12,953 | +250.1% |
| Profit (loss) for the period before taxes | 9903 | €13,857 | -€47,330 | -€61,187 | |
| Transfer from deferred taxes | 780 | €645 | €725 | +€80 | +12.4% |
| Income taxes | 67/77 | €1,137 | €102 | -€1,034 | -91.0% |
| Profit (loss) for the period | 9904 | €13,365 | -€46,707 | -€60,073 | |
| Transfer from tax-exempt reserves | 789 | €1,935 | €2,175 | +€240 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,300 | -€44,533 | -€59,833 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.