Deufol Technics: what changed
What changed
Deufol Technics
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€68,942
2024 · €154,210-€223,153
Equity
€273,805
2024 · €342,747-€68,942
Cash
€2,144
2024 · €6+€2,138
Balance sheet total
€805,827
2024 · €571,119+€234,708
Largest movements
Assets
- Tangible fixed assets +€282,587
up €282,587 (+274%), from €103,255 to €385,842
of which Plant, machinery and equipment: +€255,869
- Receivables within one year -€74,886
down €74,886 (-33.1%), from €226,310 to €151,425
of which Trade receivables: -€38,599
- Stocks and contracts +€24,370
up €24,370 (+10.4%), from €234,988 to €259,358
of which Stocks: +€16,906
Equity and liabilities
- Debts after one year +€202,081
new in 2025: €202,081
- Other debts +€136,857
up €136,857, from €0 to €136,857
- Profit (loss) carried forward -€68,942
down €68,942 (-26.7%), from €258,663 to €189,721
- Current portion of long-term debt +€51,877
new in 2025: €51,877
- Trade debts -€47,225
down €47,225 (-40.9%), from €115,391 to €68,167
Income statement
- Turnover -€573,289
down €573,289 (-30.9%), from €1.9m to €1.3m
- Gross operating margin -€291,532
down €291,532 (-35.4%), from €823,857 to €532,325
- Purchases and services -€255,546
down €255,546 (-24.5%), from €1.0m to €788,156
- Staff costs -€84,193
down €84,193 (-13.2%), from €637,634 to €553,441
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€154,210
Gross operating margin
-€291,532
Staff costs
+€84,193
Depreciation
-€13,536
Write-downs
-€1,010
Other operating charges
-€876
Financial income
-€574
Financial charges
-€2,088
Taxes
+€2,270
Result 2025
-€68,942
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€60,821
Investment
-€312,641
Financing
+€253,958
Cash 2024
€6
From operations (derived)
+€60,821
Net result for the year
-€68,942
Depreciation
+€30,054
Stocks and contracts
-€24,370
Receivables within one year
+€74,886
Deferred charges and accrued income
-€499
Trade debts
-€47,225
Tax, wage and social debts
-€39,940
Other debts
+€136,857
Investment (derived)
-€312,641
Investment in fixed assets (net)
-€312,641
Financing
+€253,958
Debts after one year
+€202,081
Current portion of long-term debt
+€51,877
Cash 2025
€2,144
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €571,119 | €805,827 | +€234,708 | +41.1% |
| Fixed assets | 21/28 | €103,255 | €385,842 | +€282,587 | +274% |
| Tangible fixed assets | 22/27 | €103,255 | €385,842 | +€282,587 | +274% |
| Land and buildings | 22 | €46,594 | €44,363 | -€2,231 | -4.8% |
| Plant, machinery and equipment | 23 | €29,405 | €285,274 | +€255,869 | +870% |
| Furniture and vehicles | 24 | €27,256 | €56,205 | +€28,949 | +106% |
| Current assets | 29/58 | €467,864 | €419,985 | -€47,880 | -10.2% |
| Stocks and contracts in progress | 3 | €234,988 | €259,358 | +€24,370 | +10.4% |
| Stocks | 30/36 | €58,667 | €75,573 | +€16,906 | +28.8% |
| Contracts in progress | 37 | €176,322 | €183,785 | +€7,463 | +4.2% |
| Amounts receivable within one year | 40/41 | €226,310 | €151,425 | -€74,886 | -33.1% |
| Trade receivables | 40 | €188,943 | €150,343 | -€38,599 | -20.4% |
| Other amounts receivable | 41 | €37,368 | €1,081 | -€36,286 | -97.1% |
| Cash at bank and in hand | 54/58 | €6 | €2,144 | +€2,138 | +35,625% |
| Deferred charges and accrued income | 490/1 | €6,560 | €7,058 | +€499 | +7.6% |
| Total equity and liabilities | 10/49 | €571,119 | €805,827 | +€234,708 | +41.1% |
| Equity | 10/15 | €342,747 | €273,805 | -€68,942 | -20.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €22,111 | €22,111 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €15,914 | €15,914 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,663 | €189,721 | -€68,942 | -26.7% |
| Amounts payable | 17/49 | €228,372 | €532,022 | +€303,650 | +133% |
| Amounts payable after more than one year | 17 | - | €202,081 | +€202,081 | |
| Financial debts | 170/4 | - | €202,081 | +€202,081 | |
| Amounts payable within one year | 42/48 | €228,372 | €329,940 | +€101,569 | +44.5% |
| Current portion of amounts payable after more than one year | 42 | - | €51,877 | +€51,877 | |
| Trade debts | 44 | €115,391 | €68,167 | -€47,225 | -40.9% |
| Suppliers | 440/4 | €115,391 | €68,167 | -€47,225 | -40.9% |
| Taxes, remuneration and social security | 45 | €112,980 | €73,040 | -€39,940 | -35.4% |
| Taxes | 450/3 | €14,226 | €9,063 | -€5,163 | -36.3% |
| Remuneration and social security | 454/9 | €98,754 | €63,977 | -€34,777 | -35.2% |
| Other amounts payable | 47/48 | €0 | €136,857 | +€136,857 | |
| Turnover | 70 | €1,854,944 | €1,281,655 | -€573,289 | -30.9% |
| Non-recurring operating income | 76A | €0 | €17,900 | +€17,900 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,043,702 | €788,156 | -€255,546 | -24.5% |
| Remuneration, social security and pensions | 62 | €637,634 | €553,441 | -€84,193 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,518 | €30,054 | +€13,536 | +81.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,010 | +€1,010 | |
| Other operating charges | 640/8 | €10,022 | €10,898 | +€876 | +8.7% |
| Gross operating margin | 9900 | €823,857 | €532,325 | -€291,532 | -35.4% |
| Operating profit (loss) | 9901 | €159,683 | -€63,079 | -€222,761 | |
| Financial income | 75/76B | €2,159 | €1,585 | -€574 | -26.6% |
| Recurring financial income | 75 | €2,159 | €1,585 | -€574 | -26.6% |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €4,941 | €7,029 | +€2,088 | +42.3% |
| Recurring financial charges | 65 | €4,941 | €7,029 | +€2,088 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €156,901 | -€68,523 | -€225,423 | |
| Income taxes | 67/77 | €2,690 | €420 | -€2,270 | -84.4% |
| Profit (loss) for the period | 9904 | €154,210 | -€68,942 | -€223,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €154,210 | -€68,942 | -€223,153 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.