G.N. DEKONINCK: what changed
What changed
G.N. DEKONINCK
NACE 95.313, Repair and fitting of specific motor vehicle parts
filed annual accounts (NBB)
Net result for the year
-€21,653
2024 · -€8,388-€13,265
Equity
€75,628
2024 · €97,281-€21,653
Cash
€2,800
2024 · €2,124+€676
Balance sheet total
€118,069
2024 · €159,851-€41,782
Largest movements
Assets
- Receivables within one year -€33,818
down €33,818 (-31.1%), from €108,588 to €74,769
of which Other amounts receivable: -€21,190
- Tangible fixed assets -€6,434
down €6,434 (-17.2%), from €37,400 to €30,966
of which Furniture and vehicles: -€7,009
- Deferred charges and accrued income -€2,206
down €2,206 (-18.9%), from €11,641 to €9,435
Equity and liabilities
- Tax, wage and social debts -€22,673
down €22,673 (-92.4%), from €24,527 to €1,854
- Profit (loss) carried forward -€21,653
down €21,653 (-258%), from -€8,388 to -€30,042
- Debts after one year +€10,063
new in 2025: €10,063
- Trade debts -€8,587
down €8,587 (-24.5%), from €35,059 to €26,472
- Current portion of long-term debt +€2,713
up €2,713 (+203%), from €1,339 to €4,052
Income statement
- Gross operating margin -€9,270
down €9,270, from €4,303 to -€4,967
- Financial charges +€2,936
up €2,936 (+356%), from €825 to €3,760
- Financial income -€410
down €410 (-14.3%), from €2,871 to €2,461
- Depreciation +€358
up €358 (+3.4%), from €10,630 to €10,988
- Taxes +€192
up €192 (+243%), from €79 to €272
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€8,388
Gross operating margin
-€9,270
Depreciation
-€358
Other operating charges
-€99
Financial income
-€410
Financial charges
-€2,936
Taxes
-€192
Result 2025
-€21,653
lowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€7,546
Investment
-€4,554
Financing
+€12,776
Cash 2024
€2,124
From operations (derived)
-€7,546
Net result for the year
-€21,653
Depreciation
+€10,988
Receivables within one year
+€33,818
Deferred charges and accrued income
+€2,206
Trade debts
-€8,587
Tax, wage and social debts
-€22,673
Accrued charges and deferred income
-€1,645
Investment (derived)
-€4,554
Investment in fixed assets (net)
-€4,554
Financing
+€12,776
Debts after one year
+€10,063
Current portion of long-term debt
+€2,713
Cash 2025
€2,800
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,851 | €118,069 | -€41,782 | -26.1% |
| Fixed assets | 21/28 | €37,499 | €31,065 | -€6,434 | -17.2% |
| Tangible fixed assets | 22/27 | €37,400 | €30,966 | -€6,434 | -17.2% |
| Plant, machinery and equipment | 23 | €2,456 | €4,671 | +€2,216 | +90.2% |
| Furniture and vehicles | 24 | €26,008 | €18,999 | -€7,009 | -27.0% |
| Other tangible fixed assets | 26 | €8,936 | €7,295 | -€1,640 | -18.4% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €122,352 | €87,004 | -€35,348 | -28.9% |
| Amounts receivable within one year | 40/41 | €108,588 | €74,769 | -€33,818 | -31.1% |
| Trade receivables | 40 | €61,683 | €49,054 | -€12,629 | -20.5% |
| Other amounts receivable | 41 | €46,905 | €25,715 | -€21,190 | -45.2% |
| Cash at bank and in hand | 54/58 | €2,124 | €2,800 | +€676 | +31.8% |
| Deferred charges and accrued income | 490/1 | €11,641 | €9,435 | -€2,206 | -18.9% |
| Total equity and liabilities | 10/49 | €159,851 | €118,069 | -€41,782 | -26.1% |
| Equity | 10/15 | €97,281 | €75,628 | -€21,653 | -22.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €93,270 | €93,270 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €91,410 | €91,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,388 | -€30,042 | -€21,653 | -258% |
| Amounts payable | 17/49 | €62,570 | €42,441 | -€20,129 | -32.2% |
| Amounts payable after more than one year | 17 | - | €10,063 | +€10,063 | |
| Financial debts | 170/4 | - | €10,063 | +€10,063 | |
| Amounts payable within one year | 42/48 | €60,925 | €32,378 | -€28,547 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | €1,339 | €4,052 | +€2,713 | +203% |
| Trade debts | 44 | €35,059 | €26,472 | -€8,587 | -24.5% |
| Suppliers | 440/4 | €35,059 | €26,472 | -€8,587 | -24.5% |
| Taxes, remuneration and social security | 45 | €24,527 | €1,854 | -€22,673 | -92.4% |
| Taxes | 450/3 | €24,527 | €1,854 | -€22,673 | -92.4% |
| Accrued charges and deferred income | 492/3 | €1,645 | €0 | -€1,645 | -100% |
| Non-recurring operating income | 76A | €4,313 | €0 | -€4,313 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,630 | €10,988 | +€358 | +3.4% |
| Other operating charges | 640/8 | €4,028 | €4,127 | +€99 | +2.5% |
| Gross operating margin | 9900 | €4,303 | -€4,967 | -€9,270 | |
| Operating profit (loss) | 9901 | -€10,355 | -€20,082 | -€9,727 | -93.9% |
| Financial income | 75/76B | €2,871 | €2,461 | -€410 | -14.3% |
| Recurring financial income | 75 | €2,871 | €2,461 | -€410 | -14.3% |
| Financial charges | 65/66B | €825 | €3,760 | +€2,936 | +356% |
| Recurring financial charges | 65 | €825 | €3,760 | +€2,936 | +356% |
| Profit (loss) for the period before taxes | 9903 | -€8,309 | -€21,382 | -€13,073 | -157% |
| Income taxes | 67/77 | €79 | €272 | +€192 | +243% |
| Profit (loss) for the period | 9904 | -€8,388 | -€21,653 | -€13,265 | -158% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,388 | -€21,653 | -€13,265 | -158% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.