ROBERT DETEMMERMAN: 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.
ROBERT DETEMMERMAN
Largest movements
- Receivables within one year -€395
down €395 (-12.4%), from €3,184 to €2,789
of which Trade receivables: -€573
- Tangible fixed assets -€359
down €359 (-12.2%), from €2,939 to €2,580
of which Plant, machinery and equipment: -€251
- Other debts -€3,918
down €3,918 (-80.0%), from €4,900 to €982
- Profit (loss) carried forward +€3,644
up €3,644 (+7.5%), from -€48,278 to -€44,634
- Trade debts -€489
down €489 (-97.2%), from €503 to €14
- Financial income -€379
no longer reported in 2025 (was €379)
- Other operating charges +€124
up €124 (+23.2%), from €533 to €657
- Gross operating margin +€94
up €94 (+1.7%), from €5,433 to €5,527
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 | €11,625 | €10,862 | -€763 | -6.6% |
| Fixed assets | 21/28 | €2,939 | €2,580 | -€359 | -12.2% |
| Tangible fixed assets | 22/27 | €2,939 | €2,580 | -€359 | -12.2% |
| Plant, machinery and equipment | 23 | €2,767 | €2,516 | -€251 | -9.1% |
| Furniture and vehicles | 24 | €171 | €64 | -€107 | -62.5% |
| Current assets | 29/58 | €8,687 | €8,282 | -€405 | -4.7% |
| Stocks and contracts in progress | 3 | €225 | €265 | +€40 | +17.8% |
| Stocks | 30/36 | €225 | €265 | +€40 | +17.8% |
| Amounts receivable within one year | 40/41 | €3,184 | €2,789 | -€395 | -12.4% |
| Trade receivables | 40 | €2,793 | €2,220 | -€573 | -20.5% |
| Other amounts receivable | 41 | €391 | €569 | +€178 | +45.5% |
| Cash at bank and in hand | 54/58 | €5,278 | €5,229 | -€49 | -0.9% |
| Total equity and liabilities | 10/49 | €11,625 | €10,862 | -€763 | -6.6% |
| Equity | 10/15 | -€41,278 | -€37,634 | +€3,644 | +8.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,278 | -€44,634 | +€3,644 | +7.5% |
| Amounts payable | 17/49 | €52,903 | €48,496 | -€4,407 | -8.3% |
| Amounts payable after more than one year | 17 | €47,500 | €47,500 | = | 0.0% |
| Financial debts | 170/4 | €47,500 | €47,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,403 | €996 | -€4,407 | -81.6% |
| Trade debts | 44 | €503 | €14 | -€489 | -97.2% |
| Suppliers | 440/4 | €503 | €14 | -€489 | -97.2% |
| Other amounts payable | 47/48 | €4,900 | €982 | -€3,918 | -80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €928 | €961 | +€34 | +3.6% |
| Other operating charges | 640/8 | €533 | €657 | +€124 | +23.2% |
| Gross operating margin | 9900 | €5,433 | €5,527 | +€94 | +1.7% |
| Operating profit (loss) | 9901 | €3,972 | €3,909 | -€63 | -1.6% |
| Financial income | 75/76B | €379 | - | -€379 | |
| Recurring financial income | 75 | €379 | - | -€379 | |
| Financial charges | 65/66B | €256 | €265 | +€9 | +3.6% |
| Recurring financial charges | 65 | €256 | €265 | +€9 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €4,095 | €3,644 | -€451 | -11.0% |
| Profit (loss) for the period | 9904 | €4,095 | €3,644 | -€451 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,095 | €3,644 | -€451 | -11.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.