DR. DEVLEESCHOUWER DIRK: 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.
DR. DEVLEESCHOUWER DIRK
Largest movements
- Cash +€106,213
up €106,213 (+16.1%), from €658,663 to €764,876
mainly Net result for the year (+€112,722) and Depreciation (+€26,342)
- Tangible fixed assets -€26,342
down €26,342 (-62.5%), from €42,157 to €15,814
of which Plant, machinery and equipment: -€15,189
- Reserves +€112,720
up €112,720 (+18.3%), from €617,088 to €729,808
- Tax, wage and social debts -€17,816
down €17,816 (-58.5%), from €30,453 to €12,637
- Other debts -€13,814
down €13,814 (-4.8%), from €288,985 to €275,171
- Gross operating margin -€12,274
down €12,274 (-5.6%), from €218,242 to €205,968
- Depreciation -€4,597
down €4,597 (-14.9%), from €30,939 to €26,342
- Financial charges -€3,425
down €3,425 (-14.6%), from €23,496 to €20,070
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 | €976,659 | €1,054,687 | +€78,027 | +8.0% |
| Fixed assets | 21/28 | €42,157 | €15,814 | -€26,342 | -62.5% |
| Tangible fixed assets | 22/27 | €42,157 | €15,814 | -€26,342 | -62.5% |
| Plant, machinery and equipment | 23 | €25,712 | €10,523 | -€15,189 | -59.1% |
| Furniture and vehicles | 24 | €14,661 | €4,443 | -€10,218 | -69.7% |
| Other tangible fixed assets | 26 | €1,784 | €849 | -€936 | -52.4% |
| Current assets | 29/58 | €934,503 | €1,038,872 | +€104,369 | +11.2% |
| Current investments | 50/53 | €255,000 | €257,856 | +€2,856 | +1.1% |
| Cash at bank and in hand | 54/58 | €658,663 | €764,876 | +€106,213 | +16.1% |
| Deferred charges and accrued income | 490/1 | €20,840 | €16,140 | -€4,700 | -22.6% |
| Total equity and liabilities | 10/49 | €976,659 | €1,054,687 | +€78,027 | +8.0% |
| Equity | 10/15 | €631,767 | €744,489 | +€112,722 | +17.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €617,088 | €729,808 | +€112,720 | +18.3% |
| Distributable reserves | 133 | €617,088 | €729,808 | +€112,720 | +18.3% |
| Profit (loss) carried forward | 14 | €2,280 | €2,282 | +€2 | +0.1% |
| Amounts payable | 17/49 | €344,892 | €310,197 | -€34,695 | -10.1% |
| Amounts payable within one year | 42/48 | €320,062 | €288,263 | -€31,799 | -9.9% |
| Trade debts | 44 | €624 | €454 | -€170 | -27.2% |
| Suppliers | 440/4 | €624 | €454 | -€170 | -27.2% |
| Taxes, remuneration and social security | 45 | €30,453 | €12,637 | -€17,816 | -58.5% |
| Taxes | 450/3 | €30,453 | €12,637 | -€17,816 | -58.5% |
| Other amounts payable | 47/48 | €288,985 | €275,171 | -€13,814 | -4.8% |
| Accrued charges and deferred income | 492/3 | €24,830 | €21,935 | -€2,895 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,939 | €26,342 | -€4,597 | -14.9% |
| Other operating charges | 640/8 | €977 | €1,606 | +€629 | +64.3% |
| Gross operating margin | 9900 | €218,242 | €205,968 | -€12,274 | -5.6% |
| Operating profit (loss) | 9901 | €186,325 | €178,019 | -€8,306 | -4.5% |
| Financial income | 75/76B | €5,817 | €7,728 | +€1,912 | +32.9% |
| Recurring financial income | 75 | €5,817 | €7,728 | +€1,912 | +32.9% |
| Financial charges | 65/66B | €23,496 | €20,070 | -€3,425 | -14.6% |
| Recurring financial charges | 65 | €23,496 | €20,070 | -€3,425 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €168,646 | €165,677 | -€2,969 | -1.8% |
| Income taxes | 67/77 | €53,865 | €52,955 | -€909 | -1.7% |
| Profit (loss) for the period | 9904 | €114,781 | €112,722 | -€2,059 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €114,781 | €112,722 | -€2,059 | -1.8% |
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 1 October 2026 via checked.be.