La Dédicace: what changed
What changed
La Dédicace
NACE 47.621, Retail sale of newspapers and periodicals
filed annual accounts (NBB)
Net result for the year
-€11,926
2025 · -€1,158-€10,768
Equity
€44,693
2025 · €56,620-€11,926
Cash
€2,110
2025 · €1,037+€1,073
Balance sheet total
€112,140
2025 · €106,802+€5,338
Largest movements
Assets
- Stocks and contracts +€9,393
up €9,393 (+13.6%), from €68,810 to €78,203
- Tangible fixed assets -€5,979
down €5,979 (-37.7%), from €15,867 to €9,888
of which Furniture and vehicles: -€4,715
Equity and liabilities
- Trade debts +€21,351
up €21,351 (+71.7%), from €29,797 to €51,149
- Profit (loss) carried forward -€11,926
down €11,926 (-24.6%), from €48,560 to €36,633
- Tax, wage and social debts -€3,110
down €3,110 (-21.6%), from €14,429 to €11,318
of which Remuneration and social security: -€3,328
Income statement
- Staff costs +€7,650
up €7,650 (+10.3%), from €74,013 to €81,662
- Gross operating margin -€5,101
down €5,101 (-6.0%), from €84,934 to €79,833
- Depreciation -€1,939
down €1,939 (-19.2%), from €10,097 to €8,157
Change in the result, 2025 to 2026
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 2025
-€1,158
Gross operating margin
-€5,101
Staff costs
-€7,650
Depreciation
+€1,939
Write-downs
-€141
Other operating charges
-€188
Financial income
-€35
Financial charges
+€411
Taxes
-€4
Result 2026
-€11,926
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3,428
Investment
-€2,178
Financing
-€176
Cash 2025
€1,037
From operations (derived)
+€3,428
Net result for the year
-€11,926
Depreciation
+€8,157
Stocks and contracts
-€9,393
Receivables within one year
+€239
Deferred charges and accrued income
-€1,091
Trade debts
+€21,351
Tax, wage and social debts
-€3,110
Advances received
+€100
Accrued charges and deferred income
-€900
Investment (derived)
-€2,178
Investment in fixed assets (net)
-€2,178
Financing
-€176
Short-term financial debts
-€176
Cash 2026
€2,110
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,802 | €112,140 | +€5,338 | +5.0% |
| Fixed assets | 21/28 | €15,867 | €9,888 | -€5,979 | -37.7% |
| Tangible fixed assets | 22/27 | €15,867 | €9,888 | -€5,979 | -37.7% |
| Land and buildings | 22 | €2,400 | €1,136 | -€1,264 | -52.7% |
| Furniture and vehicles | 24 | €13,467 | €8,752 | -€4,715 | -35.0% |
| Current assets | 29/58 | €90,935 | €102,252 | +€11,318 | +12.4% |
| Stocks and contracts in progress | 3 | €68,810 | €78,203 | +€9,393 | +13.6% |
| Stocks | 30/36 | €68,810 | €78,203 | +€9,393 | +13.6% |
| Amounts receivable within one year | 40/41 | €18,918 | €18,679 | -€239 | -1.3% |
| Trade receivables | 40 | €11,292 | €16,737 | +€5,445 | +48.2% |
| Other amounts receivable | 41 | €7,626 | €1,942 | -€5,683 | -74.5% |
| Cash at bank and in hand | 54/58 | €1,037 | €2,110 | +€1,073 | +104% |
| Deferred charges and accrued income | 490/1 | €2,170 | €3,260 | +€1,091 | +50.3% |
| Total equity and liabilities | 10/49 | €106,802 | €112,140 | +€5,338 | +5.0% |
| Equity | 10/15 | €56,620 | €44,693 | -€11,926 | -21.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €48,560 | €36,633 | -€11,926 | -24.6% |
| Amounts payable | 17/49 | €50,182 | €67,447 | +€17,265 | +34.4% |
| Amounts payable within one year | 42/48 | €48,382 | €66,547 | +€18,165 | +37.5% |
| Financial debts | 43 | €4,156 | €3,979 | -€176 | -4.2% |
| Credit institutions | 430/8 | €4,156 | €3,979 | -€176 | -4.2% |
| Trade debts | 44 | €29,797 | €51,149 | +€21,351 | +71.7% |
| Suppliers | 440/4 | €29,797 | €51,149 | +€21,351 | +71.7% |
| Advances received on contracts in progress | 46 | - | €100 | +€100 | |
| Taxes, remuneration and social security | 45 | €14,429 | €11,318 | -€3,110 | -21.6% |
| Taxes | 450/3 | €3,698 | €3,915 | +€218 | +5.9% |
| Remuneration and social security | 454/9 | €10,731 | €7,403 | -€3,328 | -31.0% |
| Accrued charges and deferred income | 492/3 | €1,800 | €900 | -€900 | -50.0% |
| Remuneration, social security and pensions | 62 | €74,013 | €81,662 | +€7,650 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,097 | €8,157 | -€1,939 | -19.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€141 | - | +€141 | |
| Other operating charges | 640/8 | €805 | €993 | +€188 | +23.4% |
| Gross operating margin | 9900 | €84,934 | €79,833 | -€5,101 | -6.0% |
| Operating profit (loss) | 9901 | €161 | -€10,980 | -€11,140 | |
| Financial income | 75/76B | €38 | €2 | -€35 | -93.7% |
| Recurring financial income | 75 | €38 | €2 | -€35 | -93.7% |
| Financial charges | 65/66B | €1,006 | €596 | -€411 | -40.8% |
| Recurring financial charges | 65 | €857 | €596 | -€262 | -30.5% |
| Non-recurring financial charges | 66B | €149 | - | -€149 | |
| Profit (loss) for the period before taxes | 9903 | -€808 | -€11,573 | -€10,765 | -1,332% |
| Income taxes | 67/77 | €350 | €353 | +€4 | +1.0% |
| Profit (loss) for the period | 9904 | -€1,158 | -€11,926 | -€10,768 | -930% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,158 | -€11,926 | -€10,768 | -930% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.