DJOSER: 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.
What changed
DJOSER
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €1.2m+€326,827
Equity
€22.0m
2024 · €12.8m+€9.2m
Cash
€347,524
2024 · €201,636+€145,888
Balance sheet total
€25.7m
2024 · €18.4m+€7.3m
Largest movements
Assets
- Tangible fixed assets +€7.4m
up €7.4m (+83.8%), from €8.8m to €16.2m
of which Land and buildings: +€7.6m
Equity and liabilities
- Revaluation surpluses +€7.8m
new in 2025: €7.8m
- Profit (loss) carried forward +€1.0m
up €1.0m (+11.8%), from €8.7m to €9.7m
- Debts after one year -€926,894
down €926,894 (-47.8%), from €1.9m to €1.0m
- Other debts -€785,000
down €785,000 (-77.0%), from €1.0m to €235,000
- Trade debts -€698,873
down €698,873 (-49.8%), from €1.4m to €703,302
Income statement
- Turnover +€577,713
up €577,713 (+2.3%), from €25.7m to €26.3m
- Depreciation -€341,624
down €341,624 (-31.6%), from €1.1m to €740,447
- Financial income -€294,087
down €294,087 (-67.4%), from €436,433 to €142,346
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.
Result 2024
€1.2m
Turnover
+€577,713
Other operating income
-€40,433
Goods and materials
+€62,492
Services and other goods
-€153,107
Staff costs
+€16,132
Depreciation
+€341,624
Write-downs
+€30,119
Other operating charges
+€63,768
Other operating items
-€122,008
Financial income
-€294,087
Financial charges
-€27,838
Taxes
-€127,548
Result 2025
€1.5m
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.
From operations
+€1.1m
Investment
-€8.1m
Financing
+€7.2m
Cash 2024
€201,636
From operations (derived)
+€1.1m
Net result for the year
+€1.5m
Depreciation
+€740,447
Stocks and contracts
+€213,661
Receivables within one year
-€160,317
Deferred charges and accrued income
+€219,895
Trade debts
-€698,873
Tax, wage and social debts
+€165,626
Other debts
-€785,000
Accrued charges and deferred income
-€82,227
Investment (derived)
-€8.1m
Investment in fixed assets (net)
-€8.1m
Financing
+€7.2m
Debts after one year
-€926,894
Current portion of long-term debt
+€411,296
Contributions, distributions and other
+€7.7m
Cash 2025
€347,524
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,394,099 | €25,665,860 | +€7.3m | +39.5% |
| Fixed assets | 21/28 | €8,834,298 | €16,233,410 | +€7.4m | +83.8% |
| Tangible fixed assets | 22/27 | €8,833,458 | €16,232,570 | +€7.4m | +83.8% |
| Land and buildings | 22 | €8,149,676 | €15,719,000 | +€7.6m | +92.9% |
| Plant, machinery and equipment | 23 | €107,222 | €105,256 | -€1,966 | -1.8% |
| Furniture and vehicles | 24 | €576,560 | €408,314 | -€168,246 | -29.2% |
| Financial fixed assets | 28 | €840 | €840 | = | 0.0% |
| Other financial fixed assets | 284/8 | €840 | €840 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €840 | €840 | = | 0.0% |
| Current assets | 29/58 | €9,559,801 | €9,432,450 | -€127,351 | -1.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €7,476,260 | €7,262,599 | -€213,661 | -2.9% |
| Stocks | 30/36 | €7,476,260 | €7,262,599 | -€213,661 | -2.9% |
| Goods purchased for resale | 34 | €7,476,260 | €7,262,599 | -€213,661 | -2.9% |
| Amounts receivable within one year | 40/41 | €1,662,010 | €1,822,327 | +€160,317 | +9.6% |
| Trade receivables | 40 | €1,258,658 | €1,542,553 | +€283,895 | +22.6% |
| Other amounts receivable | 41 | €403,352 | €279,774 | -€123,578 | -30.6% |
| Cash at bank and in hand | 54/58 | €201,636 | €347,524 | +€145,888 | +72.4% |
| Deferred charges and accrued income | 490/1 | €219,895 | €0 | -€219,895 | -100.0% |
| Total equity and liabilities | 10/49 | €18,394,099 | €25,665,860 | +€7.3m | +39.5% |
| Equity | 10/15 | €12,775,795 | €21,963,628 | +€9.2m | +71.9% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €7,762,297 | +€7.8m | |
| Reserves | 13 | €2,951,220 | €3,414,320 | +€463,100 | +15.7% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Legal reserve | 130 | €80,000 | €80,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,871,220 | €3,334,320 | +€463,100 | +16.1% |
| Profit (loss) carried forward | 14 | €8,687,648 | €9,711,487 | +€1.0m | +11.8% |
| Investment grants | 15 | €336,927 | €275,524 | -€61,403 | -18.2% |
| Amounts payable | 17/49 | €5,618,304 | €3,702,232 | -€1.9m | -34.1% |
| Amounts payable after more than one year | 17 | €1,937,861 | €1,010,967 | -€926,894 | -47.8% |
| Financial debts | 170/4 | €1,937,861 | €1,010,967 | -€926,894 | -47.8% |
| Subordinated loans | 170 | - | €560,930 | +€560,930 | |
| Credit institutions | 173 | €1,387,824 | - | -€1.4m | |
| Other loans | 174 | €550,037 | €450,037 | -€100,000 | -18.2% |
| Amounts payable within one year | 42/48 | €3,598,216 | €2,691,265 | -€906,951 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €817,493 | €1,228,789 | +€411,296 | +50.3% |
| Trade debts | 44 | €1,402,175 | €703,302 | -€698,873 | -49.8% |
| Suppliers | 440/4 | €1,402,175 | €703,302 | -€698,873 | -49.8% |
| Taxes, remuneration and social security | 45 | €358,548 | €524,174 | +€165,626 | +46.2% |
| Taxes | 450/3 | €197,874 | €367,577 | +€169,703 | +85.8% |
| Remuneration and social security | 454/9 | €160,674 | €156,597 | -€4,077 | -2.5% |
| Other amounts payable | 47/48 | €1,020,000 | €235,000 | -€785,000 | -77.0% |
| Accrued charges and deferred income | 492/3 | €82,227 | €0 | -€82,227 | -100.0% |
| Operating income | 70/76A | €25,966,164 | €26,499,308 | +€533,144 | +2.1% |
| Turnover | 70 | €25,672,711 | €26,250,424 | +€577,713 | +2.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €160,218 | €156,082 | -€4,136 | -2.6% |
| Other operating income | 74 | €133,235 | €92,802 | -€40,433 | -30.3% |
| Operating charges | 60/66A | €24,658,381 | €24,415,225 | -€243,156 | -1.0% |
| Goods for resale, raw materials and consumables | 60 | €17,382,075 | €17,319,583 | -€62,492 | -0.4% |
| Purchases | 600/8 | €18,053,594 | €17,105,923 | -€947,671 | -5.2% |
| Change in stocks: decrease (increase) | 609 | -€671,519 | €213,660 | +€885,179 | |
| Services and other goods | 61 | €4,501,335 | €4,654,442 | +€153,107 | +3.4% |
| Remuneration, social security and pensions | 62 | €1,216,078 | €1,199,946 | -€16,132 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,082,071 | €740,447 | -€341,624 | -31.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€34,301 | -€64,420 | -€30,119 | -87.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €508,039 | €444,271 | -€63,768 | -12.6% |
| Non-recurring operating charges | 66A | €3,084 | €120,956 | +€117,872 | +3822.0% |
| Operating profit (loss) | 9901 | €1,307,783 | €2,084,083 | +€776,300 | +59.4% |
| Financial income | 75/76B | €436,433 | €142,346 | -€294,087 | -67.4% |
| Recurring financial income | 75 | €436,433 | €142,346 | -€294,087 | -67.4% |
| Other financial income | 752/9 | €436,433 | €142,346 | -€294,087 | -67.4% |
| Financial charges | 65/66B | €133,197 | €161,035 | +€27,838 | +20.9% |
| Recurring financial charges | 65 | €133,197 | €161,035 | +€27,838 | +20.9% |
| Debt charges | 650 | €38,005 | €71,880 | +€33,875 | +89.1% |
| Other financial charges | 652/9 | €95,192 | €89,155 | -€6,037 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €1,611,019 | €2,065,394 | +€454,375 | +28.2% |
| Income taxes | 67/77 | €450,907 | €578,455 | +€127,548 | +28.3% |
| Taxes | 670/3 | €450,907 | €578,455 | +€127,548 | +28.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,160,112 | €1,486,939 | +€326,827 | +28.2% |
| Transfer from tax-exempt reserves | 789 | €526,250 | €526,250 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €989,350 | +€905,150 | +1075.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,602,162 | €1,023,839 | -€578,323 | -36.1% |
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 11 October 2026 via checked.be.