DETEMCO: 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.
What changed
DETEMCO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€122,017
2024 · €118,183+€3,835
Equity
€827,548
2024 · €740,875+€86,673
Cash
€78,118
2024 · €42,951+€35,167
Balance sheet total
€1.3m
2024 · €1.1m+€170,066
Largest movements
Assets
- Tangible fixed assets +€115,570
up €115,570 (+12.8%), from €900,631 to €1.0m
of which Land and buildings: +€114,461
- Cash +€35,167
up €35,167 (+81.9%), from €42,951 to €78,118
mainly Debts after one year (+€123,335) and Net result for the year (+€122,017)
Equity and liabilities
- Debts after one year +€123,335
up €123,335 (+78.0%), from €158,203 to €281,538
- Reserves +€86,673
up €86,673 (+36.0%), from €240,875 to €327,548
of which Tax-exempt reserves: +€100,000
- Current portion of long-term debt -€28,612
down €28,612 (-60.8%), from €47,028 to €18,415
- Provisions +€25,000
up €25,000, from €0 to €25,000
of which Deferred taxes: +€25,000
- Other debts -€22,473
down €22,473 (-40.1%), from €56,050 to €33,577
Income statement
- Provisions +€125,595
up €125,595, from -€125,595 to €0
- Gross operating margin +€117,420
up €117,420 (+91.0%), from €129,096 to €246,516
- Taxes -€39,211
down €39,211 (-77.6%), from €50,506 to €11,294
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.
Result 2024
€118,183
Gross operating margin
+€117,420
Staff costs
-€430
Depreciation
+€459
Provisions
-€125,595
Other operating charges
-€1,026
Financial income
+€706
Financial charges
-€1,911
Taxes
+€39,211
Deferred taxes and other
-€25,000
Result 2025
€122,017
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€135,178
Investment
-€159,389
Financing
+€59,378
Cash 2024
€42,951
From operations (derived)
+€135,178
Net result for the year
+€122,017
Depreciation
+€43,819
Receivables within one year
-€12,237
Deferred charges and accrued income
-€7,092
Provisions
+€25,000
Trade debts
-€7,807
Tax, wage and social debts
+€3,050
Other debts
-€22,473
Accrued charges and deferred income
-€9,100
Investment (derived)
-€159,389
Investment in fixed assets (net)
-€159,389
Financing
+€59,378
Debts after one year
+€123,335
Current portion of long-term debt
-€28,612
Contributions, distributions and other
-€35,344
Cash 2025
€78,118
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,098,071 | €1,268,137 | +€170,066 | +15.5% |
| Fixed assets | 21/28 | €900,656 | €1,016,226 | +€115,570 | +12.8% |
| Tangible fixed assets | 22/27 | €900,631 | €1,016,201 | +€115,570 | +12.8% |
| Land and buildings | 22 | €887,676 | €1,002,138 | +€114,461 | +12.9% |
| Plant, machinery and equipment | 23 | €4,515 | €11,590 | +€7,075 | +157% |
| Furniture and vehicles | 24 | €8,440 | €2,474 | -€5,966 | -70.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €197,415 | €251,911 | +€54,496 | +27.6% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €78,501 | €90,738 | +€12,237 | +15.6% |
| Other amounts receivable | 41 | €78,501 | €90,738 | +€12,237 | +15.6% |
| Cash at bank and in hand | 54/58 | €42,951 | €78,118 | +€35,167 | +81.9% |
| Deferred charges and accrued income | 490/1 | €5,963 | €13,055 | +€7,092 | +119% |
| Total equity and liabilities | 10/49 | €1,098,071 | €1,268,137 | +€170,066 | +15.5% |
| Equity | 10/15 | €740,875 | €827,548 | +€86,673 | +11.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €240,875 | €327,548 | +€86,673 | +36.0% |
| Non-distributable reserves | 130/1 | €68,796 | €68,796 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Other | 1319 | €18,796 | €18,796 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €100,000 | +€100,000 | |
| Distributable reserves | 133 | €172,079 | €158,752 | -€13,327 | -7.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | €25,000 | +€25,000 | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Deferred taxes | 168 | - | €25,000 | +€25,000 | |
| Amounts payable | 17/49 | €357,196 | €415,589 | +€58,393 | +16.3% |
| Amounts payable after more than one year | 17 | €158,203 | €281,538 | +€123,335 | +78.0% |
| Financial debts | 170/4 | €158,203 | €281,538 | +€123,335 | +78.0% |
| Amounts payable within one year | 42/48 | €152,292 | €96,449 | -€55,843 | -36.7% |
| Current portion of amounts payable after more than one year | 42 | €47,028 | €18,415 | -€28,612 | -60.8% |
| Trade debts | 44 | €30,759 | €22,951 | -€7,807 | -25.4% |
| Suppliers | 440/4 | €30,759 | €22,951 | -€7,807 | -25.4% |
| Taxes, remuneration and social security | 45 | €18,456 | €21,506 | +€3,050 | +16.5% |
| Taxes | 450/3 | €18,456 | €20,506 | +€2,050 | +11.1% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €56,050 | €33,577 | -€22,473 | -40.1% |
| Accrued charges and deferred income | 492/3 | €46,701 | €37,602 | -€9,100 | -19.5% |
| Non-recurring operating income | 76A | - | €125,000 | +€125,000 | |
| Remuneration, social security and pensions | 62 | - | €430 | +€430 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,279 | €43,819 | -€459 | -1.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€125,595 | €0 | +€125,595 | |
| Other operating charges | 640/8 | €33,815 | €34,841 | +€1,026 | +3.0% |
| Gross operating margin | 9900 | €129,096 | €246,516 | +€117,420 | +91.0% |
| Operating profit (loss) | 9901 | €176,597 | €167,425 | -€9,171 | -5.2% |
| Financial income | 75/76B | €4,616 | €5,321 | +€706 | +15.3% |
| Recurring financial income | 75 | €4,616 | €5,321 | +€706 | +15.3% |
| Financial charges | 65/66B | €12,524 | €14,435 | +€1,911 | +15.3% |
| Recurring financial charges | 65 | €12,524 | €14,435 | +€1,911 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €168,689 | €158,312 | -€10,377 | -6.2% |
| Transfer to deferred taxes | 680 | - | €25,000 | +€25,000 | |
| Income taxes | 67/77 | €50,506 | €11,294 | -€39,211 | -77.6% |
| Profit (loss) for the period | 9904 | €118,183 | €122,017 | +€3,835 | +3.2% |
| Transfer to tax-exempt reserves | 689 | - | €100,000 | +€100,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €118,183 | €22,017 | -€96,165 | -81.4% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.