DESCHUYMER: 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.
DESCHUYMER
Largest movements
- Receivables within one year -€305,246
down €305,246 (-42.6%), from €717,250 to €412,004
of which Trade receivables: -€304,731
- Cash +€177,724
up €177,724 (+536.5%), from €33,128 to €210,852
mainly Receivables within one year (+€305,246) and Depreciation (+€82,649)
- Tangible fixed assets -€69,901
down €69,901 (-19.0%), from €368,380 to €298,479
of which Leasing and similar rights: -€76,208
- Current investments -€36,478
no longer reported in 2025 (was €36,478)
- Trade debts -€116,393
down €116,393 (-27.2%), from €428,243 to €311,850
- Debts after one year -€83,837
down €83,837 (-70.3%), from €119,202 to €35,364
- Tax, wage and social debts -€37,891
down €37,891 (-83.4%), from €45,457 to €7,566
of which Taxes: -€32,808
- Reserves +€12,177
up €12,177 (+236.4%), from €5,150 to €17,327
- Gross operating margin -€80,927
down €80,927 (-33.3%), from €243,152 to €162,225
- Taxes -€22,228
down €22,228 (-75.7%), from €29,361 to €7,134
- Staff costs +€5,733
up €5,733 (+11.5%), from €49,901 to €55,634
- Depreciation +€3,729
up €3,729 (+4.7%), from €78,920 to €82,649
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 | €1,168,111 | €934,325 | -€233,786 | -20.0% |
| Fixed assets | 21/28 | €368,380 | €298,479 | -€69,901 | -19.0% |
| Tangible fixed assets | 22/27 | €368,380 | €298,479 | -€69,901 | -19.0% |
| Plant, machinery and equipment | 23 | €120,297 | €127,714 | +€7,417 | +6.2% |
| Furniture and vehicles | 24 | €2,703 | €1,593 | -€1,110 | -41.1% |
| Leasing and similar rights | 25 | €245,380 | €169,172 | -€76,208 | -31.1% |
| Current assets | 29/58 | €799,731 | €635,846 | -€163,885 | -20.5% |
| Amounts receivable within one year | 40/41 | €717,250 | €412,004 | -€305,246 | -42.6% |
| Trade receivables | 40 | €714,860 | €410,129 | -€304,731 | -42.6% |
| Other amounts receivable | 41 | €2,390 | €1,875 | -€515 | -21.6% |
| Current investments | 50/53 | €36,478 | - | -€36,478 | |
| Cash at bank and in hand | 54/58 | €33,128 | €210,852 | +€177,724 | +536.5% |
| Deferred charges and accrued income | 490/1 | €12,875 | €12,990 | +€115 | +0.9% |
| Total equity and liabilities | 10/49 | €1,168,111 | €934,325 | -€233,786 | -20.0% |
| Equity | 10/15 | €453,645 | €465,822 | +€12,177 | +2.7% |
| Contributions | 10/11 | €50,178 | €50,178 | = | 0.0% |
| Reserves | 13 | €5,150 | €17,327 | +€12,177 | +236.4% |
| Distributable reserves | 133 | €5,150 | €17,327 | +€12,177 | +236.4% |
| Profit (loss) carried forward | 14 | €398,317 | €398,317 | = | 0.0% |
| Amounts payable | 17/49 | €714,466 | €468,503 | -€245,963 | -34.4% |
| Amounts payable after more than one year | 17 | €119,202 | €35,364 | -€83,837 | -70.3% |
| Financial debts | 170/4 | €119,202 | €35,364 | -€83,837 | -70.3% |
| Amounts payable within one year | 42/48 | €595,264 | €433,139 | -€162,126 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €66,072 | €66,999 | +€928 | +1.4% |
| Trade debts | 44 | €428,243 | €311,850 | -€116,393 | -27.2% |
| Suppliers | 440/4 | €428,243 | €311,850 | -€116,393 | -27.2% |
| Taxes, remuneration and social security | 45 | €45,457 | €7,566 | -€37,891 | -83.4% |
| Taxes | 450/3 | €40,373 | €7,566 | -€32,808 | -81.3% |
| Remuneration and social security | 454/9 | €5,083 | - | -€5,083 | |
| Other amounts payable | 47/48 | €55,493 | €46,724 | -€8,769 | -15.8% |
| Non-recurring operating income | 76A | €1,432 | - | -€1,432 | |
| Remuneration, social security and pensions | 62 | €49,901 | €55,634 | +€5,733 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,920 | €82,649 | +€3,729 | +4.7% |
| Other operating charges | 640/8 | €3,062 | €1,287 | -€1,775 | -58.0% |
| Gross operating margin | 9900 | €243,152 | €162,225 | -€80,927 | -33.3% |
| Operating profit (loss) | 9901 | €111,269 | €22,656 | -€88,613 | -79.6% |
| Financial income | 75/76B | €340 | €1,419 | +€1,080 | +317.7% |
| Recurring financial income | 75 | €340 | €1,419 | +€1,080 | +317.7% |
| Financial charges | 65/66B | €6,478 | €4,764 | -€1,714 | -26.5% |
| Recurring financial charges | 65 | €6,478 | €4,764 | -€1,714 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €105,131 | €19,311 | -€85,820 | -81.6% |
| Income taxes | 67/77 | €29,361 | €7,134 | -€22,228 | -75.7% |
| Profit (loss) for the period | 9904 | €75,769 | €12,177 | -€63,592 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €75,769 | €12,177 | -€63,592 | -83.9% |
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 8 October 2026 via checked.be.