DEZUTTER GROUP: 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.
DEZUTTER GROUP
Largest movements
- Cash +€25,343
up €25,343 (+157.3%), from €16,110 to €41,453
mainly Advances received (+€11,560) and Debts after one year (+€9,756)
- Receivables within one year +€7,652
up €7,652 (+65.7%), from €11,646 to €19,299
- Deferred charges and accrued income -€5,150
no longer reported in 2025 (was €5,150)
- Tangible fixed assets +€3,896
up €3,896 (+115.1%), from €3,385 to €7,281
of which Furniture and vehicles: +€4,370
- Advances received +€11,560
up €11,560 (+204.5%), from €5,652 to €17,212
- Debts after one year +€9,756
new in 2025: €9,756
- Profit (loss) carried forward +€6,501
up €6,501 (+46.4%), from €14,022 to €20,523
- Current portion of long-term debt +€3,218
new in 2025: €3,218
- Tax, wage and social debts +€2,085
up €2,085 (+58.6%), from €3,562 to €5,647
of which Taxes: +€2,292
- Gross operating margin +€3,234
up €3,234 (+43.1%), from €7,497 to €10,730
- Depreciation +€1,140
up €1,140 (+119.2%), from €956 to €2,095
- Taxes +€554
up €554 (+42.8%), from €1,296 to €1,850
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Financial charges +€172
up €172 (+152.8%), from €112 to €284
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 | €36,291 | €68,032 | +€31,741 | +87.5% |
| Fixed assets | 21/28 | €3,385 | €7,281 | +€3,896 | +115.1% |
| Tangible fixed assets | 22/27 | €3,385 | €7,281 | +€3,896 | +115.1% |
| Plant, machinery and equipment | 23 | €3,385 | €2,911 | -€474 | -14.0% |
| Furniture and vehicles | 24 | - | €4,370 | +€4,370 | |
| Current assets | 29/58 | €32,907 | €60,752 | +€27,845 | +84.6% |
| Amounts receivable within one year | 40/41 | €11,646 | €19,299 | +€7,652 | +65.7% |
| Trade receivables | 40 | €11,646 | €19,299 | +€7,652 | +65.7% |
| Cash at bank and in hand | 54/58 | €16,110 | €41,453 | +€25,343 | +157.3% |
| Deferred charges and accrued income | 490/1 | €5,150 | - | -€5,150 | |
| Total equity and liabilities | 10/49 | €36,291 | €68,032 | +€31,741 | +87.5% |
| Equity | 10/15 | €24,022 | €30,523 | +€6,501 | +27.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,022 | €20,523 | +€6,501 | +46.4% |
| Amounts payable | 17/49 | €12,270 | €37,509 | +€25,239 | +205.7% |
| Amounts payable after more than one year | 17 | - | €9,756 | +€9,756 | |
| Financial debts | 170/4 | - | €9,756 | +€9,756 | |
| Amounts payable within one year | 42/48 | €12,270 | €27,753 | +€15,483 | +126.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,218 | +€3,218 | |
| Trade debts | 44 | €3,056 | €1,675 | -€1,381 | -45.2% |
| Suppliers | 440/4 | €3,056 | €1,675 | -€1,381 | -45.2% |
| Advances received on contracts in progress | 46 | €5,652 | €17,212 | +€11,560 | +204.5% |
| Taxes, remuneration and social security | 45 | €3,562 | €5,647 | +€2,085 | +58.6% |
| Taxes | 450/3 | €3,099 | €5,391 | +€2,292 | +74.0% |
| Remuneration and social security | 454/9 | €463 | €256 | -€206 | -44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €956 | €2,095 | +€1,140 | +119.2% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €7,497 | €10,730 | +€3,234 | +43.1% |
| Operating profit (loss) | 9901 | €6,154 | €8,635 | +€2,481 | +40.3% |
| Financial charges | 65/66B | €112 | €284 | +€172 | +152.8% |
| Recurring financial charges | 65 | €112 | €284 | +€172 | +152.8% |
| Profit (loss) for the period before taxes | 9903 | €6,041 | €8,351 | +€2,310 | +38.2% |
| Income taxes | 67/77 | €1,296 | €1,850 | +€554 | +42.8% |
| Profit (loss) for the period | 9904 | €4,746 | €6,501 | +€1,756 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,746 | €6,501 | +€1,756 | +37.0% |
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 30 September 2026 via checked.be.