J. DEGRYSE & CO: 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.
J. DEGRYSE & CO
Largest movements
- Tangible fixed assets -€33,995
down €33,995 (-27.7%), from €122,941 to €88,946
of which Furniture and vehicles: -€17,415
- Cash -€26,165
down €26,165 (-18.3%), from €142,666 to €116,501
mainly Current portion of long-term debt (-€31,838) and Net result for the year (-€19,927)
- Receivables after one year -€25,000
down €25,000 (-10.9%), from €230,000 to €205,000
- Current portion of long-term debt -€31,838
down €31,838 (-64.3%), from €49,520 to €17,682
- Profit (loss) carried forward -€19,927
down €19,927 (-28.4%), from -€70,273 to -€90,200
- Debts after one year -€18,051
down €18,051 (-79.9%), from €22,596 to €4,545
- Tax, wage and social debts -€8,916
down €8,916 (-92.2%), from €9,668 to €752
- Gross operating margin +€63,530
up €63,530, from -€43,305 to €20,226
- Other operating charges -€2,678
down €2,678 (-41.4%), from €6,465 to €3,788
- Financial charges -€1,717
down €1,717 (-66.1%), from €2,596 to €879
- Financial income -€1,068
no longer reported in 2025 (was €1,068)
- Depreciation -€768
down €768 (-2.1%), from €36,092 to €35,324
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 | €516,088 | €435,866 | -€80,222 | -15.5% |
| Fixed assets | 21/28 | €132,941 | €98,946 | -€33,995 | -25.6% |
| Tangible fixed assets | 22/27 | €122,941 | €88,946 | -€33,995 | -27.7% |
| Land and buildings | 22 | €81,357 | €64,778 | -€16,580 | -20.4% |
| Furniture and vehicles | 24 | €41,583 | €24,168 | -€17,415 | -41.9% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €383,147 | €336,920 | -€46,227 | -12.1% |
| Amounts receivable after more than one year | 29 | €230,000 | €205,000 | -€25,000 | -10.9% |
| Trade receivables | 290 | €230,000 | €205,000 | -€25,000 | -10.9% |
| Amounts receivable within one year | 40/41 | €6,185 | €10,169 | +€3,984 | +64.4% |
| Trade receivables | 40 | €6,185 | - | -€6,185 | |
| Other amounts receivable | 41 | - | €10,169 | +€10,169 | |
| Current investments | 50/53 | €4,296 | €4,296 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €142,666 | €116,501 | -€26,165 | -18.3% |
| Deferred charges and accrued income | 490/1 | - | €954 | +€954 | |
| Total equity and liabilities | 10/49 | €516,088 | €435,866 | -€80,222 | -15.5% |
| Equity | 10/15 | €429,033 | €409,107 | -€19,927 | -4.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €493,109 | €493,109 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €472,500 | €472,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,273 | -€90,200 | -€19,927 | -28.4% |
| Amounts payable | 17/49 | €87,054 | €26,759 | -€60,296 | -69.3% |
| Amounts payable after more than one year | 17 | €22,596 | €4,545 | -€18,051 | -79.9% |
| Financial debts | 170/4 | €22,596 | €4,545 | -€18,051 | -79.9% |
| Amounts payable within one year | 42/48 | €64,458 | €22,214 | -€42,244 | -65.5% |
| Current portion of amounts payable after more than one year | 42 | €49,520 | €17,682 | -€31,838 | -64.3% |
| Financial debts | 43 | €1,719 | €2,454 | +€735 | +42.8% |
| Credit institutions | 430/8 | €1,719 | - | -€1,719 | |
| Other loans | 439 | - | €2,454 | +€2,454 | |
| Trade debts | 44 | €2,799 | €1,325 | -€1,474 | -52.7% |
| Suppliers | 440/4 | €2,799 | €1,325 | -€1,474 | -52.7% |
| Taxes, remuneration and social security | 45 | €9,668 | €752 | -€8,916 | -92.2% |
| Taxes | 450/3 | €9,668 | €752 | -€8,916 | -92.2% |
| Other amounts payable | 47/48 | €752 | - | -€752 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,092 | €35,324 | -€768 | -2.1% |
| Other operating charges | 640/8 | €6,465 | €3,788 | -€2,678 | -41.4% |
| Gross operating margin | 9900 | -€43,305 | €20,226 | +€63,530 | |
| Operating profit (loss) | 9901 | -€85,862 | -€18,886 | +€66,976 | +78.0% |
| Financial income | 75/76B | €1,068 | - | -€1,068 | |
| Recurring financial income | 75 | €1,068 | - | -€1,068 | |
| Financial charges | 65/66B | €2,596 | €879 | -€1,717 | -66.1% |
| Recurring financial charges | 65 | €2,596 | €879 | -€1,717 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | -€87,390 | -€19,765 | +€67,626 | +77.4% |
| Income taxes | 67/77 | €590 | €162 | -€428 | -72.5% |
| Profit (loss) for the period | 9904 | -€87,980 | -€19,927 | +€68,053 | +77.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,980 | -€19,927 | +€68,053 | +77.4% |
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 30 October 2026 via checked.be.