DEVER-BUSSCHAERT: 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.
DEVER-BUSSCHAERT
Largest movements
- Deferred charges and accrued income +€15,265
up €15,265 (+118%), from €12,896 to €28,161
- Tangible fixed assets -€10,748
down €10,748 (-26.7%), from €40,294 to €29,547
of which Furniture and vehicles: -€10,132
- Cash +€5,477
up €5,477 (+8.5%), from €64,688 to €70,165
mainly Net result for the year (+€30,937) and Depreciation (+€10,748)
- Receivables within one year -€5,183
down €5,183 (-79.4%), from €6,530 to €1,347
of which Trade receivables: -€4,760
- Reserves +€29,271
up €29,271 (+41.2%), from €71,066 to €100,336
- Other debts -€12,687
down €12,687 (-40.5%), from €31,300 to €18,613
- Trade debts -€6,809
down €6,809 (-74.5%), from €9,136 to €2,327
- Tax, wage and social debts -€4,964
down €4,964 (-74.0%), from €6,707 to €1,743
- Gross operating margin +€2,335
up €2,335 (+4.3%), from €54,783 to €57,118
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 | €124,408 | €129,219 | +€4,811 | +3.9% |
| Fixed assets | 21/28 | €40,294 | €29,547 | -€10,748 | -26.7% |
| Tangible fixed assets | 22/27 | €40,294 | €29,547 | -€10,748 | -26.7% |
| Land and buildings | 22 | €4,059 | €3,443 | -€616 | -15.2% |
| Furniture and vehicles | 24 | €36,236 | €26,104 | -€10,132 | -28.0% |
| Current assets | 29/58 | €84,114 | €99,673 | +€15,559 | +18.5% |
| Amounts receivable within one year | 40/41 | €6,530 | €1,347 | -€5,183 | -79.4% |
| Trade receivables | 40 | €4,760 | - | -€4,760 | |
| Other amounts receivable | 41 | €1,770 | €1,347 | -€423 | -23.9% |
| Cash at bank and in hand | 54/58 | €64,688 | €70,165 | +€5,477 | +8.5% |
| Deferred charges and accrued income | 490/1 | €12,896 | €28,161 | +€15,265 | +118% |
| Total equity and liabilities | 10/49 | €124,408 | €129,219 | +€4,811 | +3.9% |
| Equity | 10/15 | €77,266 | €106,536 | +€29,271 | +37.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,066 | €100,336 | +€29,271 | +41.2% |
| Distributable reserves | 133 | €71,066 | €100,336 | +€29,271 | +41.2% |
| Amounts payable | 17/49 | €47,143 | €22,683 | -€24,460 | -51.9% |
| Amounts payable within one year | 42/48 | €47,143 | €22,683 | -€24,460 | -51.9% |
| Trade debts | 44 | €9,136 | €2,327 | -€6,809 | -74.5% |
| Suppliers | 440/4 | €9,136 | €2,327 | -€6,809 | -74.5% |
| Taxes, remuneration and social security | 45 | €6,707 | €1,743 | -€4,964 | -74.0% |
| Taxes | 450/3 | €6,707 | €1,743 | -€4,964 | -74.0% |
| Other amounts payable | 47/48 | €31,300 | €18,613 | -€12,687 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,373 | €10,748 | +€374 | +3.6% |
| Other operating charges | 640/8 | €1,156 | €1,632 | +€476 | +41.1% |
| Gross operating margin | 9900 | €54,783 | €57,118 | +€2,335 | +4.3% |
| Operating profit (loss) | 9901 | €43,253 | €44,739 | +€1,486 | +3.4% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,462 | €1,719 | +€256 | +17.5% |
| Recurring financial charges | 65 | €1,462 | €1,719 | +€256 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €41,791 | €43,026 | +€1,236 | +3.0% |
| Income taxes | 67/77 | €11,660 | €12,090 | +€429 | +3.7% |
| Profit (loss) for the period | 9904 | €30,130 | €30,937 | +€806 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,130 | €30,937 | +€806 | +2.7% |
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 17 October 2026 via checked.be.