DEVLEESCHAUWER, Frères: 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.
What changed
DEVLEESCHAUWER, Frères
NACE 43.320, Joinery installation
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,488
2024 · -€35,560+€37,048
Equity
€310,939
2024 · €309,451+€1,488
Cash
€121,711
2024 · €124,923-€3,212
Balance sheet total
€663,539
2024 · €753,356-€89,816
Largest movements
Assets
- Receivables within one year -€59,512
down €59,512 (-27.4%), from €216,980 to €157,468
of which Trade receivables: -€59,421
- Stocks and contracts -€20,760
down €20,760 (-9.2%), from €225,250 to €204,490
Equity and liabilities
- Trade debts -€71,868
down €71,868 (-65.7%), from €109,410 to €37,543
- Current portion of long-term debt -€15,000
down €15,000 (-8.6%), from €175,000 to €160,000
Income statement
- Staff costs -€59,939
down €59,939 (-34.9%), from €171,876 to €111,938
- Gross operating margin -€26,301
down €26,301 (-16.5%), from €159,362 to €133,060
- Financial charges -€1,803
down €1,803 (-11.8%), from €15,268 to €13,465
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
-€35,560
Gross operating margin
-€26,301
Staff costs
+€59,939
Depreciation
+€26
Other operating charges
+€131
Other operating items
+€643
Financial income
+€900
Financial charges
+€1,803
Taxes
-€92
Result 2025
€1,488
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
+€11,788
Investment
€0
Financing
-€15,000
Cash 2024
€124,923
From operations (derived)
+€11,788
Net result for the year
+€1,488
Depreciation
+€2,843
Stocks and contracts
+€20,760
Receivables within one year
+€59,512
Deferred charges and accrued income
+€3,490
Trade debts
-€71,868
Tax, wage and social debts
-€4,437
Financing
-€15,000
Current portion of long-term debt
-€15,000
Cash 2025
€121,711
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €753,356 | €663,539 | -€89,816 | -11.9% |
| Fixed assets | 21/28 | €181,125 | €178,282 | -€2,843 | -1.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €24,945 | €22,103 | -€2,843 | -11.4% |
| Land and buildings | 22 | €21,744 | €19,664 | -€2,080 | -9.6% |
| Plant, machinery and equipment | 23 | €3,202 | €2,439 | -€762 | -23.8% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €156,180 | €156,180 | = | 0.0% |
| Current assets | 29/58 | €572,231 | €485,257 | -€86,974 | -15.2% |
| Stocks and contracts in progress | 3 | €225,250 | €204,490 | -€20,760 | -9.2% |
| Stocks | 30/36 | €225,250 | €204,490 | -€20,760 | -9.2% |
| Amounts receivable within one year | 40/41 | €216,980 | €157,468 | -€59,512 | -27.4% |
| Trade receivables | 40 | €198,458 | €139,037 | -€59,421 | -29.9% |
| Other amounts receivable | 41 | €18,522 | €18,431 | -€91 | -0.5% |
| Cash at bank and in hand | 54/58 | €124,923 | €121,711 | -€3,212 | -2.6% |
| Deferred charges and accrued income | 490/1 | €5,078 | €1,588 | -€3,490 | -68.7% |
| Total equity and liabilities | 10/49 | €753,356 | €663,539 | -€89,816 | -11.9% |
| Equity | 10/15 | €309,451 | €310,939 | +€1,488 | +0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,078 | €6,078 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €283,288 | €284,777 | +€1,488 | +0.5% |
| Investment grants | 15 | €1,493 | €1,493 | = | 0.0% |
| Provisions and deferred taxes | 16 | €605 | €605 | = | 0.0% |
| Deferred taxes | 168 | €605 | €605 | = | 0.0% |
| Amounts payable | 17/49 | €443,299 | €351,995 | -€91,305 | -20.6% |
| Amounts payable within one year | 42/48 | €443,299 | €351,995 | -€91,305 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €175,000 | €160,000 | -€15,000 | -8.6% |
| Trade debts | 44 | €109,410 | €37,543 | -€71,868 | -65.7% |
| Suppliers | 440/4 | €109,410 | €37,543 | -€71,868 | -65.7% |
| Taxes, remuneration and social security | 45 | €10,115 | €5,678 | -€4,437 | -43.9% |
| Taxes | 450/3 | €950 | €436 | -€514 | -54.1% |
| Remuneration and social security | 454/9 | €9,165 | €5,242 | -€3,923 | -42.8% |
| Other amounts payable | 47/48 | €148,774 | €148,774 | = | 0.0% |
| Non-recurring operating income | 76A | €3,330 | €7,932 | +€4,602 | +138.2% |
| Remuneration, social security and pensions | 62 | €171,876 | €111,938 | -€59,939 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,868 | €2,843 | -€26 | -0.9% |
| Other operating charges | 640/8 | €3,913 | €3,782 | -€131 | -3.4% |
| Non-recurring operating charges | 66A | €709 | €66 | -€643 | -90.7% |
| Gross operating margin | 9900 | €159,362 | €133,060 | -€26,301 | -16.5% |
| Operating profit (loss) | 9901 | -€20,005 | €14,433 | +€34,438 | |
| Financial income | 75/76B | €57 | €957 | +€900 | +1573.9% |
| Recurring financial income | 75 | €57 | €957 | +€900 | +1573.9% |
| Financial charges | 65/66B | €15,268 | €13,465 | -€1,803 | -11.8% |
| Recurring financial charges | 65 | €15,268 | €13,465 | -€1,803 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€35,216 | €1,924 | +€37,140 | |
| Income taxes | 67/77 | €344 | €436 | +€92 | +26.7% |
| Profit (loss) for the period | 9904 | -€35,560 | €1,488 | +€37,048 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,560 | €1,488 | +€37,048 |
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 11 October 2026 via checked.be.