Dieter De Bock: 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.
Dieter De Bock
Largest movements
- Cash -€46,204
down €46,204 (-34.0%), from €136,076 to €89,871
mainly Other debts (-€27,809) and Contributions, distributions and other (-€17,444)
- Deferred charges and accrued income +€3,562
new in 2025: €3,562
- Receivables within one year +€2,372
up €2,372 (+24.5%), from €9,693 to €12,065
of which Other amounts receivable: +€1,393
- Other debts -€27,809
down €27,809 (-69.4%), from €40,041 to €12,233
- Tax, wage and social debts -€9,182
down €9,182 (-77.6%), from €11,829 to €2,647
- Reserves -€5,930
down €5,930 (-6.1%), from €97,423 to €91,493
- Trade debts +€3,449
up €3,449 (+824%), from €418 to €3,867
- Gross operating margin -€12,630
down €12,630 (-38.5%), from €32,806 to €20,176
- Depreciation -€3,490
down €3,490 (-52.3%), from €6,670 to €3,180
- Taxes -€2,907
down €2,907 (-35.3%), from €8,239 to €5,332
- Financial income +€451
up €451 (+149%), from €302 to €753
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.
Derived cash bridge
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 | €151,212 | €111,741 | -€39,471 | -26.1% |
| Fixed assets | 21/28 | €5,443 | €6,242 | +€799 | +14.7% |
| Tangible fixed assets | 22/27 | €5,443 | €6,242 | +€799 | +14.7% |
| Land and buildings | 22 | €2,970 | €2,970 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €514 | +€514 | |
| Furniture and vehicles | 24 | €2,473 | €2,757 | +€285 | +11.5% |
| Current assets | 29/58 | €145,769 | €105,499 | -€40,270 | -27.6% |
| Amounts receivable within one year | 40/41 | €9,693 | €12,065 | +€2,372 | +24.5% |
| Trade receivables | 40 | €9,693 | €10,672 | +€978 | +10.1% |
| Other amounts receivable | 41 | - | €1,393 | +€1,393 | |
| Cash at bank and in hand | 54/58 | €136,076 | €89,871 | -€46,204 | -34.0% |
| Deferred charges and accrued income | 490/1 | - | €3,562 | +€3,562 | |
| Total equity and liabilities | 10/49 | €151,212 | €111,741 | -€39,471 | -26.1% |
| Equity | 10/15 | €98,923 | €92,993 | -€5,930 | -6.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €97,423 | €91,493 | -€5,930 | -6.1% |
| Distributable reserves | 133 | €97,423 | €91,493 | -€5,930 | -6.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €52,289 | €18,747 | -€33,542 | -64.1% |
| Amounts payable within one year | 42/48 | €52,289 | €18,747 | -€33,542 | -64.1% |
| Trade debts | 44 | €418 | €3,867 | +€3,449 | +824% |
| Suppliers | 440/4 | €418 | €3,867 | +€3,449 | +824% |
| Taxes, remuneration and social security | 45 | €11,829 | €2,647 | -€9,182 | -77.6% |
| Taxes | 450/3 | €11,829 | €2,647 | -€9,182 | -77.6% |
| Other amounts payable | 47/48 | €40,041 | €12,233 | -€27,809 | -69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,670 | €3,180 | -€3,490 | -52.3% |
| Other operating charges | 640/8 | €612 | €726 | +€114 | +18.6% |
| Gross operating margin | 9900 | €32,806 | €20,176 | -€12,630 | -38.5% |
| Operating profit (loss) | 9901 | €25,524 | €16,270 | -€9,254 | -36.3% |
| Financial income | 75/76B | €302 | €753 | +€451 | +149% |
| Recurring financial income | 75 | €302 | €753 | +€451 | +149% |
| Financial charges | 65/66B | €138 | €177 | +€39 | +28.1% |
| Recurring financial charges | 65 | €138 | €177 | +€39 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €25,688 | €16,846 | -€8,842 | -34.4% |
| Income taxes | 67/77 | €8,239 | €5,332 | -€2,907 | -35.3% |
| Profit (loss) for the period | 9904 | €17,449 | €11,514 | -€5,935 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,449 | €11,514 | -€5,935 | -34.0% |
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 26 October 2026 via checked.be.