DFENDIT: 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.
DFENDIT
Largest movements
- Tangible fixed assets +€29,684
up €29,684 (+16.2%), from €183,147 to €212,831
of which Furniture and vehicles: +€20,161
- Receivables within one year +€21,494
up €21,494 (+18.6%), from €115,254 to €136,748
of which Other amounts receivable: +€16,031
- Cash +€8,139
up €8,139 (+28.8%), from €28,235 to €36,374
mainly Net result for the year (+€49,806) and Depreciation (+€42,160)
- Reserves +€43,806
up €43,806 (+38.8%), from €112,894 to €156,700
of which Distributable reserves: +€43,806
- Other debts +€39,000
up €39,000 (+103.6%), from €37,650 to €76,650
- Trade debts -€14,153
down €14,153 (-17.2%), from €82,292 to €68,139
- Current portion of long-term debt -€6,374
down €6,374 (-13.6%), from €46,870 to €40,496
- Debts after one year -€5,172
down €5,172 (-5.5%), from €93,850 to €88,678
- Gross operating margin +€40,346
up €40,346 (+50.6%), from €79,710 to €120,056
- Taxes +€7,460
up €7,460 (+55.1%), from €13,531 to €20,991
- Depreciation +€4,139
up €4,139 (+10.9%), from €38,021 to €42,160
- Financial income +€1,526
up €1,526 (+123.6%), from €1,234 to €2,760
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 | €411,428 | €470,421 | +€58,993 | +14.3% |
| Fixed assets | 21/28 | €253,147 | €282,831 | +€29,684 | +11.7% |
| Tangible fixed assets | 22/27 | €183,147 | €212,831 | +€29,684 | +16.2% |
| Land and buildings | 22 | €8,823 | €7,715 | -€1,108 | -12.6% |
| Plant, machinery and equipment | 23 | €12,535 | €19,414 | +€6,879 | +54.9% |
| Furniture and vehicles | 24 | €150,431 | €170,592 | +€20,161 | +13.4% |
| Leasing and similar rights | 25 | €11,358 | - | -€11,358 | |
| Other tangible fixed assets | 26 | - | €15,110 | +€15,110 | |
| Financial fixed assets | 28 | €70,000 | €70,000 | = | 0.0% |
| Current assets | 29/58 | €158,281 | €187,589 | +€29,308 | +18.5% |
| Stocks and contracts in progress | 3 | €12,607 | €12,607 | +€0 | 0.0% |
| Stocks | 30/36 | €12,607 | €12,607 | +€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €115,254 | €136,748 | +€21,494 | +18.6% |
| Trade receivables | 40 | €40,452 | €45,915 | +€5,463 | +13.5% |
| Other amounts receivable | 41 | €74,802 | €90,833 | +€16,031 | +21.4% |
| Cash at bank and in hand | 54/58 | €28,235 | €36,374 | +€8,139 | +28.8% |
| Deferred charges and accrued income | 490/1 | €2,185 | €1,860 | -€325 | -14.9% |
| Total equity and liabilities | 10/49 | €411,428 | €470,421 | +€58,993 | +14.3% |
| Equity | 10/15 | €123,104 | €166,910 | +€43,806 | +35.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €112,894 | €156,700 | +€43,806 | +38.8% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Other | 1319 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €112,274 | €156,080 | +€43,806 | +39.0% |
| Profit (loss) carried forward | 14 | €4,010 | €4,010 | -€0 | 0.0% |
| Amounts payable | 17/49 | €288,324 | €303,510 | +€15,186 | +5.3% |
| Amounts payable after more than one year | 17 | €93,850 | €88,678 | -€5,172 | -5.5% |
| Financial debts | 170/4 | €93,850 | €88,678 | -€5,172 | -5.5% |
| Amounts payable within one year | 42/48 | €186,006 | €205,527 | +€19,521 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €46,870 | €40,496 | -€6,374 | -13.6% |
| Trade debts | 44 | €82,292 | €68,139 | -€14,153 | -17.2% |
| Suppliers | 440/4 | €82,292 | €68,139 | -€14,153 | -17.2% |
| Taxes, remuneration and social security | 45 | €19,194 | €20,242 | +€1,048 | +5.5% |
| Taxes | 450/3 | €19,194 | €18,742 | -€452 | -2.4% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €37,650 | €76,650 | +€39,000 | +103.6% |
| Accrued charges and deferred income | 492/3 | €8,468 | €9,305 | +€837 | +9.9% |
| Non-recurring operating income | 76A | - | €30,569 | +€30,569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,021 | €42,160 | +€4,139 | +10.9% |
| Other operating charges | 640/8 | €2,586 | €2,906 | +€320 | +12.4% |
| Gross operating margin | 9900 | €79,710 | €120,056 | +€40,346 | +50.6% |
| Operating profit (loss) | 9901 | €39,103 | €74,990 | +€35,887 | +91.8% |
| Financial income | 75/76B | €1,234 | €2,760 | +€1,526 | +123.6% |
| Recurring financial income | 75 | €1,234 | €2,760 | +€1,526 | +123.6% |
| Financial charges | 65/66B | €6,098 | €6,953 | +€855 | +14.0% |
| Recurring financial charges | 65 | €6,098 | €6,953 | +€855 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €34,239 | €70,797 | +€36,558 | +106.8% |
| Income taxes | 67/77 | €13,531 | €20,991 | +€7,460 | +55.1% |
| Profit (loss) for the period | 9904 | €20,708 | €49,806 | +€29,098 | +140.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,708 | €49,806 | +€29,098 | +140.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.