DETHIEGE ET CIE: 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.
DETHIEGE ET CIE
Largest movements
- Cash -€190,492
down €190,492 (-38.7%), from €491,659 to €301,167
mainly Stocks and contracts (-€118,725) and Tax, wage and social debts (-€72,101)
- Stocks and contracts +€118,725
up €118,725 (+40.2%), from €295,130 to €413,855
- Tangible fixed assets -€105,655
down €105,655 (-19.0%), from €556,485 to €450,830
of which Furniture and vehicles: -€80,728
- Tax, wage and social debts -€72,101
down €72,101 (-90.8%), from €79,411 to €7,310
of which Taxes: -€76,081
- Profit (loss) carried forward -€56,102
down €56,102 (-9.3%), from €604,864 to €548,762
- Debts after one year -€42,960
down €42,960 (-27.0%), from €159,098 to €116,138
- Staff costs +€38,085
new in 2025: €38,085
- Gross operating margin +€19,202
up €19,202 (+18.2%), from €105,340 to €124,541
- Financial charges -€8,515
down €8,515 (-44.6%), from €19,111 to €10,596
- Depreciation -€3,170
down €3,170 (-2.6%), from €123,625 to €120,455
- Other operating charges +€2,526
up €2,526 (+27.1%), from €9,332 to €11,857
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,433,049 | €1,244,182 | -€188,867 | -13.2% |
| Fixed assets | 21/28 | €556,485 | €450,830 | -€105,655 | -19.0% |
| Tangible fixed assets | 22/27 | €556,485 | €450,830 | -€105,655 | -19.0% |
| Land and buildings | 22 | €209,525 | €192,109 | -€17,416 | -8.3% |
| Plant, machinery and equipment | 23 | €24,945 | €30,721 | +€5,776 | +23.2% |
| Furniture and vehicles | 24 | €277,528 | €196,799 | -€80,728 | -29.1% |
| Other tangible fixed assets | 26 | €44,487 | €31,200 | -€13,286 | -29.9% |
| Current assets | 29/58 | €876,565 | €793,352 | -€83,213 | -9.5% |
| Stocks and contracts in progress | 3 | €295,130 | €413,855 | +€118,725 | +40.2% |
| Stocks | 30/36 | €295,130 | €413,855 | +€118,725 | +40.2% |
| Amounts receivable within one year | 40/41 | €89,776 | €77,080 | -€12,695 | -14.1% |
| Trade receivables | 40 | €89,697 | €77,002 | -€12,695 | -14.2% |
| Other amounts receivable | 41 | €79 | €79 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €491,659 | €301,167 | -€190,492 | -38.7% |
| Deferred charges and accrued income | 490/1 | - | €1,250 | +€1,250 | |
| Total equity and liabilities | 10/49 | €1,433,049 | €1,244,182 | -€188,867 | -13.2% |
| Equity | 10/15 | €1,068,239 | €1,012,138 | -€56,102 | -5.3% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €444,626 | €444,626 | = | 0.0% |
| Tax-exempt reserves | 132 | €68,370 | €68,370 | = | 0.0% |
| Distributable reserves | 133 | €376,256 | €376,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | €604,864 | €548,762 | -€56,102 | -9.3% |
| Amounts payable | 17/49 | €364,810 | €232,044 | -€132,766 | -36.4% |
| Amounts payable after more than one year | 17 | €159,098 | €116,138 | -€42,960 | -27.0% |
| Financial debts | 170/4 | €159,098 | €116,138 | -€42,960 | -27.0% |
| Amounts payable within one year | 42/48 | €205,712 | €115,906 | -€89,805 | -43.7% |
| Current portion of amounts payable after more than one year | 42 | €54,567 | €42,960 | -€11,607 | -21.3% |
| Trade debts | 44 | €46,894 | €43,664 | -€3,230 | -6.9% |
| Suppliers | 440/4 | €46,894 | €43,664 | -€3,230 | -6.9% |
| Taxes, remuneration and social security | 45 | €79,411 | €7,310 | -€72,101 | -90.8% |
| Taxes | 450/3 | €79,411 | €3,330 | -€76,081 | -95.8% |
| Remuneration and social security | 454/9 | - | €3,980 | +€3,980 | |
| Other amounts payable | 47/48 | €24,840 | €21,972 | -€2,868 | -11.5% |
| Remuneration, social security and pensions | 62 | - | €38,085 | +€38,085 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,625 | €120,455 | -€3,170 | -2.6% |
| Other operating charges | 640/8 | €9,332 | €11,857 | +€2,526 | +27.1% |
| Gross operating margin | 9900 | €105,340 | €124,541 | +€19,202 | +18.2% |
| Operating profit (loss) | 9901 | -€27,616 | -€45,855 | -€18,239 | -66.0% |
| Financial income | 75/76B | €63 | €914 | +€851 | +1,353% |
| Recurring financial income | 75 | €63 | €914 | +€851 | +1,353% |
| Financial charges | 65/66B | €19,111 | €10,596 | -€8,515 | -44.6% |
| Recurring financial charges | 65 | €19,111 | €10,596 | -€8,515 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | -€46,665 | -€55,537 | -€8,872 | -19.0% |
| Income taxes | 67/77 | €555 | €565 | +€10 | +1.7% |
| Profit (loss) for the period | 9904 | -€47,220 | -€56,102 | -€8,882 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,220 | -€56,102 | -€8,882 | -18.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.