Deulin Antiques: 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.
Deulin Antiques
Largest movements
- Cash +€28,841
up €28,841 (+35.0%), from €82,318 to €111,159
mainly Net result for the year (+€43,126) and Stocks and contracts (+€21,265)
- Stocks and contracts -€21,265
down €21,265 (-8.8%), from €241,725 to €220,460
- Receivables within one year -€14,604
down €14,604 (-51.8%), from €28,204 to €13,600
- Tangible fixed assets -€5,885
down €5,885 (-22.1%), from €26,573 to €20,688
of which Furniture and vehicles: -€4,946
- Reserves +€43,000
new in 2025: €43,000
- Other debts -€30,260
down €30,260 (-27.9%), from €108,304 to €78,044
- Tax, wage and social debts -€22,818
down €22,818 (-34.8%), from €65,516 to €42,698
of which Taxes: -€23,146
- Trade debts -€5,447
down €5,447 (-25.8%), from €21,097 to €15,649
- Current portion of long-term debt +€4,714
up €4,714 (+75.9%), from €6,211 to €10,925
- Gross operating margin -€48,344
down €48,344 (-27.9%), from €173,273 to €124,929
- Taxes -€12,927
down €12,927 (-38.8%), from €33,356 to €20,428
- Staff costs +€11,888
up €11,888 (+62.1%), from €19,143 to €31,031
- Financial charges +€7,388
up €7,388 (+589%), from €1,254 to €8,642
- Depreciation +€3,884
up €3,884 (+24.0%), from €16,215 to €20,099
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 | €379,077 | €366,331 | -€12,746 | -3.4% |
| Fixed assets | 21/28 | €26,830 | €20,945 | -€5,885 | -21.9% |
| Tangible fixed assets | 22/27 | €26,573 | €20,688 | -€5,885 | -22.1% |
| Plant, machinery and equipment | 23 | €3,953 | €3,014 | -€938 | -23.7% |
| Furniture and vehicles | 24 | €22,620 | €17,674 | -€4,946 | -21.9% |
| Financial fixed assets | 28 | €257 | €257 | = | 0.0% |
| Current assets | 29/58 | €352,247 | €345,386 | -€6,861 | -1.9% |
| Stocks and contracts in progress | 3 | €241,725 | €220,460 | -€21,265 | -8.8% |
| Stocks | 30/36 | €241,725 | €220,460 | -€21,265 | -8.8% |
| Amounts receivable within one year | 40/41 | €28,204 | €13,600 | -€14,604 | -51.8% |
| Trade receivables | 40 | €28,204 | €13,600 | -€14,604 | -51.8% |
| Cash at bank and in hand | 54/58 | €82,318 | €111,159 | +€28,841 | +35.0% |
| Deferred charges and accrued income | 490/1 | - | €166 | +€166 | |
| Total equity and liabilities | 10/49 | €379,077 | €366,331 | -€12,746 | -3.4% |
| Equity | 10/15 | €173,240 | €216,367 | +€43,126 | +24.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €43,000 | +€43,000 | |
| Distributable reserves | 133 | - | €43,000 | +€43,000 | |
| Profit (loss) carried forward | 14 | €163,240 | €163,367 | +€126 | +0.1% |
| Amounts payable | 17/49 | €205,837 | €149,964 | -€55,872 | -27.1% |
| Amounts payable after more than one year | 17 | €4,710 | €2,649 | -€2,061 | -43.8% |
| Financial debts | 170/4 | €4,710 | €2,649 | -€2,061 | -43.8% |
| Amounts payable within one year | 42/48 | €201,127 | €147,316 | -€53,811 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €6,211 | €10,925 | +€4,714 | +75.9% |
| Trade debts | 44 | €21,097 | €15,649 | -€5,447 | -25.8% |
| Suppliers | 440/4 | €21,097 | €15,649 | -€5,447 | -25.8% |
| Taxes, remuneration and social security | 45 | €65,516 | €42,698 | -€22,818 | -34.8% |
| Taxes | 450/3 | €63,510 | €40,364 | -€23,146 | -36.4% |
| Remuneration and social security | 454/9 | €2,005 | €2,333 | +€328 | +16.4% |
| Other amounts payable | 47/48 | €108,304 | €78,044 | -€30,260 | -27.9% |
| Non-recurring operating income | 76A | €4,258 | - | -€4,258 | |
| Remuneration, social security and pensions | 62 | €19,143 | €31,031 | +€11,888 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,215 | €20,099 | +€3,884 | +24.0% |
| Other operating charges | 640/8 | €2,213 | €1,779 | -€434 | -19.6% |
| Non-recurring operating charges | 66A | €4,226 | - | -€4,226 | |
| Gross operating margin | 9900 | €173,273 | €124,929 | -€48,344 | -27.9% |
| Operating profit (loss) | 9901 | €131,477 | €72,021 | -€59,456 | -45.2% |
| Financial income | 75/76B | - | €176 | +€176 | |
| Recurring financial income | 75 | - | €176 | +€176 | |
| Financial charges | 65/66B | €1,254 | €8,642 | +€7,388 | +589% |
| Recurring financial charges | 65 | €1,254 | €8,642 | +€7,388 | +589% |
| Profit (loss) for the period before taxes | 9903 | €130,223 | €63,555 | -€66,668 | -51.2% |
| Income taxes | 67/77 | €33,356 | €20,428 | -€12,927 | -38.8% |
| Profit (loss) for the period | 9904 | €96,867 | €43,126 | -€53,741 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €96,867 | €43,126 | -€53,741 | -55.5% |
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 22 October 2026 via checked.be.