DEXATEL: 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.
DEXATEL
Largest movements
- Tangible fixed assets -€206,324
down €206,324 (-10.2%), from €2.0m to €1.8m
of which Plant, machinery and equipment: -€104,230
- Receivables within one year -€85,942
down €85,942 (-24.4%), from €352,280 to €266,338
of which Trade receivables: -€127,498
- Profit (loss) carried forward -€155,959
down €155,959 (-85.6%), from -€182,236 to -€338,195
- Debts after one year -€113,113
down €113,113 (-5.4%), from €2.1m to €2.0m
of which Financial debts: -€144,307
- Other debts -€65,918
down €65,918 (-62.8%), from €104,944 to €39,025
- Trade debts +€34,247
up €34,247 (+50.6%), from €67,633 to €101,880
- Gross operating margin -€255,421
down €255,421 (-26.2%), from €974,459 to €719,037
- Staff costs -€17,620
down €17,620 (-3.1%), from €576,819 to €559,199
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,433,357 | €2,141,688 | -€291,669 | -12.0% |
| Fixed assets | 21/28 | €2,022,746 | €1,816,422 | -€206,324 | -10.2% |
| Tangible fixed assets | 22/27 | €2,022,746 | €1,816,422 | -€206,324 | -10.2% |
| Land and buildings | 22 | €1,125,168 | €1,055,992 | -€69,176 | -6.1% |
| Plant, machinery and equipment | 23 | €786,905 | €682,675 | -€104,230 | -13.2% |
| Furniture and vehicles | 24 | €110,674 | €77,755 | -€32,918 | -29.7% |
| Current assets | 29/58 | €410,610 | €325,266 | -€85,345 | -20.8% |
| Stocks and contracts in progress | 3 | €6,430 | €6,430 | = | 0.0% |
| Stocks | 30/36 | €6,430 | €6,430 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €352,280 | €266,338 | -€85,942 | -24.4% |
| Trade receivables | 40 | €145,645 | €18,147 | -€127,498 | -87.5% |
| Other amounts receivable | 41 | €206,635 | €248,190 | +€41,555 | +20.1% |
| Cash at bank and in hand | 54/58 | €20,143 | €23,352 | +€3,209 | +15.9% |
| Deferred charges and accrued income | 490/1 | €31,757 | €29,146 | -€2,611 | -8.2% |
| Total equity and liabilities | 10/49 | €2,433,357 | €2,141,688 | -€291,669 | -12.0% |
| Equity | 10/15 | -€147,103 | -€303,062 | -€155,959 | -106.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,133 | €15,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €15,133 | €15,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,236 | -€338,195 | -€155,959 | -85.6% |
| Amounts payable | 17/49 | €2,580,459 | €2,444,750 | -€135,710 | -5.3% |
| Amounts payable after more than one year | 17 | €2,088,936 | €1,975,823 | -€113,113 | -5.4% |
| Financial debts | 170/4 | €1,025,418 | €881,112 | -€144,307 | -14.1% |
| Other amounts payable | 178/9 | €1,063,518 | €1,094,712 | +€31,194 | +2.9% |
| Amounts payable within one year | 42/48 | €459,215 | €440,067 | -€19,148 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €81,175 | €84,307 | +€3,132 | +3.9% |
| Financial debts | 43 | €122,728 | €127,232 | +€4,503 | +3.7% |
| Credit institutions | 430/8 | €77,728 | €67,232 | -€10,497 | -13.5% |
| Other loans | 439 | €45,000 | €60,000 | +€15,000 | +33.3% |
| Trade debts | 44 | €67,633 | €101,880 | +€34,247 | +50.6% |
| Suppliers | 440/4 | €67,633 | €101,880 | +€34,247 | +50.6% |
| Taxes, remuneration and social security | 45 | €82,735 | €87,623 | +€4,888 | +5.9% |
| Taxes | 450/3 | €17,267 | €16,836 | -€430 | -2.5% |
| Remuneration and social security | 454/9 | €65,468 | €70,786 | +€5,318 | +8.1% |
| Other amounts payable | 47/48 | €104,944 | €39,025 | -€65,918 | -62.8% |
| Accrued charges and deferred income | 492/3 | €32,309 | €28,860 | -€3,449 | -10.7% |
| Remuneration, social security and pensions | 62 | €576,819 | €559,199 | -€17,620 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205,356 | €206,324 | +€968 | +0.5% |
| Other operating charges | 640/8 | €42,760 | €42,736 | -€24 | -0.1% |
| Gross operating margin | 9900 | €974,459 | €719,037 | -€255,421 | -26.2% |
| Operating profit (loss) | 9901 | €149,524 | -€89,222 | -€238,746 | |
| Financial income | 75/76B | €3,245 | €4,487 | +€1,242 | +38.3% |
| Recurring financial income | 75 | €3,245 | €4,487 | +€1,242 | +38.3% |
| Financial charges | 65/66B | €75,843 | €71,224 | -€4,619 | -6.1% |
| Recurring financial charges | 65 | €75,843 | €71,224 | -€4,619 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €76,927 | -€155,959 | -€232,886 | |
| Income taxes | 67/77 | €55 | €0 | -€55 | -100.0% |
| Profit (loss) for the period | 9904 | €76,872 | -€155,959 | -€232,831 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,872 | -€155,959 | -€232,831 |
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 5 October 2026 via checked.be.