DETRUYER E.: 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.
What changed
DETRUYER E.
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€730,804
2024 · €14,949+€715,855
Equity
€16.3m
2024 · €15.6m+€730,804
Cash
€762,798
2024 · €527,874+€234,924
Balance sheet total
€27.9m
2024 · €26.2m+€1.7m
Largest movements
Assets
- Tangible fixed assets +€1.8m
up €1.8m (+21.3%), from €8.5m to €10.3m
of which Land and buildings: +€2.0m
- Stocks and contracts -€1.1m
down €1.1m (-16.8%), from €6.8m to €5.6m
- Receivables after one year +€895,000
new in 2025: €895,000
Equity and liabilities
- Short-term financial debts +€1.0m
up €1.0m (+50.0%), from €2.0m to €3.0m
- Reserves +€730,804
up €730,804 (+4.7%), from €15.6m to €16.3m
of which Distributable reserves: +€837,191
Income statement
- Financial income +€680,207
up €680,207 (+321.8%), from €211,360 to €891,568
of which Financial income: +€674,107
- Gross operating margin +€386,568
up €386,568 (+60.4%), from €640,295 to €1.0m
- Depreciation +€359,583
up €359,583 (+133.4%), from €269,453 to €629,036
- Financial charges -€129,726
down €129,726 (-20.8%), from €622,272 to €492,546
- Provisions +€97,310
up €97,310, from -€97,310 to €0
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
€14,949
Gross operating margin
+€386,568
Depreciation
-€359,583
Provisions
-€97,310
Other operating charges
+€8,393
Financial income
+€680,207
Financial charges
+€129,726
Taxes
-€3,757
Deferred taxes and other
-€28,389
Result 2025
€730,804
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.
From operations
+€1.6m
Investment
-€2.4m
Financing
+€1.0m
Cash 2024
€527,874
From operations (derived)
+€1.6m
Net result for the year
+€730,804
Depreciation
+€629,036
Receivables after one year
-€895,000
Stocks and contracts
+€1.1m
Receivables within one year
+€67,451
Deferred charges and accrued income
-€15,063
Provisions
-€31,575
Trade debts
-€1,869
Tax, wage and social debts
+€22,277
Other debts
+€56,133
Accrued charges and deferred income
-€50,352
Investment (derived)
-€2.4m
Investment in fixed assets (net)
-€2.2m
Current investments
-€253,977
Financing
+€1.0m
Debts after one year
+€64,380
Current portion of long-term debt
-€51,937
Short-term financial debts
+€1.0m
Cash 2025
€762,798
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,162,083 | €27,899,944 | +€1.7m | +6.6% |
| Fixed assets | 21/28 | €9,841,249 | €11,382,396 | +€1.5m | +15.7% |
| Tangible fixed assets | 22/27 | €8,515,767 | €10,331,291 | +€1.8m | +21.3% |
| Land and buildings | 22 | €8,127,189 | €10,078,328 | +€2.0m | +24.0% |
| Plant, machinery and equipment | 23 | €4,212 | €3,674 | -€537 | -12.8% |
| Furniture and vehicles | 24 | €142,081 | €7,798 | -€134,283 | -94.5% |
| Other tangible fixed assets | 26 | €242,285 | €241,491 | -€794 | -0.3% |
| Financial fixed assets | 28 | €1,325,482 | €1,051,104 | -€274,378 | -20.7% |
| Current assets | 29/58 | €16,320,835 | €16,517,548 | +€196,714 | +1.2% |
| Amounts receivable after more than one year | 29 | - | €895,000 | +€895,000 | |
| Other amounts receivable | 291 | - | €895,000 | +€895,000 | |
| Stocks and contracts in progress | 3 | €6,755,870 | €5,621,070 | -€1.1m | -16.8% |
| Stocks | 30/36 | €6,755,870 | €5,621,070 | -€1.1m | -16.8% |
| Amounts receivable within one year | 40/41 | €186,547 | €119,096 | -€67,451 | -36.2% |
| Trade receivables | 40 | €146,599 | €0 | -€146,599 | -100.0% |
| Other amounts receivable | 41 | €39,948 | €119,096 | +€79,148 | +198.1% |
| Current investments | 50/53 | €8,839,413 | €9,093,390 | +€253,977 | +2.9% |
| Cash at bank and in hand | 54/58 | €527,874 | €762,798 | +€234,924 | +44.5% |
| Deferred charges and accrued income | 490/1 | €11,131 | €26,194 | +€15,063 | +135.3% |
| Total equity and liabilities | 10/49 | €26,162,083 | €27,899,944 | +€1.7m | +6.6% |
| Equity | 10/15 | €15,596,081 | €16,326,885 | +€730,804 | +4.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,576,081 | €16,306,885 | +€730,804 | +4.7% |
| Non-distributable reserves | 130/1 | €3,974,359 | €3,974,359 | = | 0.0% |
| Own shares acquired | 1312 | €3,974,359 | €3,974,359 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,410,644 | €1,304,258 | -€106,387 | -7.5% |
| Distributable reserves | 133 | €10,191,077 | €11,028,268 | +€837,191 | +8.2% |
| Provisions and deferred taxes | 16 | €451,673 | €420,098 | -€31,575 | -7.0% |
| Provisions for liabilities and charges | 160/5 | €99,012 | €94,033 | -€4,979 | -5.0% |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €99,012 | €94,033 | -€4,979 | -5.0% |
| Deferred taxes | 168 | €352,661 | €326,064 | -€26,597 | -7.5% |
| Amounts payable | 17/49 | €10,114,330 | €11,152,961 | +€1.0m | +10.3% |
| Amounts payable after more than one year | 17 | €7,065,076 | €7,129,457 | +€64,380 | +0.9% |
| Financial debts | 170/4 | €7,032,088 | €7,089,557 | +€57,468 | +0.8% |
| Other amounts payable | 178/9 | €32,988 | €39,900 | +€6,912 | +21.0% |
| Amounts payable within one year | 42/48 | €2,954,487 | €3,979,090 | +€1.0m | +34.7% |
| Current portion of amounts payable after more than one year | 42 | €844,090 | €792,153 | -€51,937 | -6.2% |
| Financial debts | 43 | €2,000,000 | €3,000,000 | +€1.0m | +50.0% |
| Credit institutions | 430/8 | €2,000,000 | €3,000,000 | +€1.0m | +50.0% |
| Trade debts | 44 | €24,818 | €22,949 | -€1,869 | -7.5% |
| Suppliers | 440/4 | €24,818 | €22,949 | -€1,869 | -7.5% |
| Taxes, remuneration and social security | 45 | €66,211 | €88,488 | +€22,277 | +33.6% |
| Taxes | 450/3 | €66,211 | €85,966 | +€19,755 | +29.8% |
| Remuneration and social security | 454/9 | - | €2,522 | +€2,522 | |
| Other amounts payable | 47/48 | €19,368 | €75,501 | +€56,133 | +289.8% |
| Accrued charges and deferred income | 492/3 | €94,766 | €44,414 | -€50,352 | -53.1% |
| Non-recurring operating income | 76A | €286,455 | €724,862 | +€438,407 | +153.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269,453 | €629,036 | +€359,583 | +133.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€97,310 | €0 | +€97,310 | |
| Other operating charges | 640/8 | €80,842 | €72,449 | -€8,393 | -10.4% |
| Gross operating margin | 9900 | €640,295 | €1,026,862 | +€386,568 | +60.4% |
| Operating profit (loss) | 9901 | €387,310 | €325,377 | -€61,932 | -16.0% |
| Financial income | 75/76B | €211,360 | €891,568 | +€680,207 | +321.8% |
| Recurring financial income | 75 | €211,360 | €885,467 | +€674,107 | +318.9% |
| Non-recurring financial income | 76B | - | €6,100 | +€6,100 | |
| Financial charges | 65/66B | €622,272 | €492,546 | -€129,726 | -20.8% |
| Recurring financial charges | 65 | €622,272 | €492,546 | -€129,726 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,602 | €724,399 | +€748,001 | |
| Transfer from deferred taxes | 780 | €54,986 | €26,597 | -€28,389 | -51.6% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €16,435 | €20,192 | +€3,757 | +22.9% |
| Profit (loss) for the period | 9904 | €14,949 | €730,804 | +€715,855 | +4788.7% |
| Transfer from tax-exempt reserves | 789 | €177,716 | €106,387 | -€71,329 | -40.1% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €192,665 | €837,191 | +€644,526 | +334.5% |
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 3 October 2026 via checked.be.