DEZEURE PROJECTS: 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.
DEZEURE PROJECTS
Largest movements
- Receivables after one year -€363,333
down €363,333 (-8.5%), from €4.3m to €3.9m
of which Other amounts receivable: -€363,333
- Debts after one year -€480,224
down €480,224 (-9.6%), from €5.0m to €4.5m
- Profit (loss) carried forward +€131,885
up €131,885 (+45.6%), from -€289,400 to -€157,515
- Financial charges -€10,640
down €10,640 (-6.6%), from €161,564 to €150,924
- Gross operating margin +€8,368
up €8,368 (+54.7%), from €15,304 to €23,673
- Financial income +€5,336
up €5,336 (+2.1%), from €255,071 to €260,408
- Other operating charges -€268
down €268 (-17.4%), from €1,540 to €1,272
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 | €7,327,101 | €6,959,579 | -€367,522 | -5.0% |
| Fixed assets | 21/28 | €2,626,127 | €2,626,127 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,616,127 | €2,616,127 | = | 0.0% |
| Land and buildings | 22 | €2,616,127 | €2,616,127 | = | 0.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €4,700,974 | €4,333,452 | -€367,522 | -7.8% |
| Amounts receivable after more than one year | 29 | €4,269,167 | €3,905,833 | -€363,333 | -8.5% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €4,269,167 | €3,905,833 | -€363,333 | -8.5% |
| Amounts receivable within one year | 40/41 | €406,861 | €402,579 | -€4,282 | -1.1% |
| Trade receivables | 40 | €406,861 | €402,579 | -€4,282 | -1.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €24,947 | €25,040 | +€93 | +0.4% |
| Total equity and liabilities | 10/49 | €7,327,101 | €6,959,579 | -€367,522 | -5.0% |
| Equity | 10/15 | €210,600 | €342,485 | +€131,885 | +62.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€289,400 | -€157,515 | +€131,885 | +45.6% |
| Amounts payable | 17/49 | €7,116,502 | €6,617,094 | -€499,407 | -7.0% |
| Amounts payable after more than one year | 17 | €5,011,074 | €4,530,850 | -€480,224 | -9.6% |
| Financial debts | 170/4 | €5,011,074 | €4,530,850 | -€480,224 | -9.6% |
| Amounts payable within one year | 42/48 | €2,075,840 | €2,058,966 | -€16,874 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €480,224 | €480,224 | = | 0.0% |
| Trade debts | 44 | €161,150 | €160,204 | -€946 | -0.6% |
| Suppliers | 440/4 | €161,150 | €160,204 | -€946 | -0.6% |
| Taxes, remuneration and social security | 45 | €33,278 | €32,185 | -€1,093 | -3.3% |
| Taxes | 450/3 | €33,278 | €32,185 | -€1,093 | -3.3% |
| Other amounts payable | 47/48 | €1,401,188 | €1,386,353 | -€14,834 | -1.1% |
| Accrued charges and deferred income | 492/3 | €29,588 | €27,279 | -€2,310 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109 | €0 | -€109 | -100.0% |
| Other operating charges | 640/8 | €1,540 | €1,272 | -€268 | -17.4% |
| Gross operating margin | 9900 | €15,304 | €23,673 | +€8,368 | +54.7% |
| Operating profit (loss) | 9901 | €13,656 | €22,401 | +€8,745 | +64.0% |
| Financial income | 75/76B | €255,071 | €260,408 | +€5,336 | +2.1% |
| Recurring financial income | 75 | €255,071 | €260,408 | +€5,336 | +2.1% |
| Financial charges | 65/66B | €161,564 | €150,924 | -€10,640 | -6.6% |
| Recurring financial charges | 65 | €161,564 | €150,924 | -€10,640 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €107,164 | €131,885 | +€24,721 | +23.1% |
| Profit (loss) for the period | 9904 | €107,164 | €131,885 | +€24,721 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €107,164 | €131,885 | +€24,721 | +23.1% |
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 9 October 2026 via checked.be.