Toon Deschepper: 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.
Toon Deschepper
Largest movements
- Receivables within one year +€22,345
up €22,345 (+265%), from €8,430 to €30,775
of which Trade receivables: +€14,294
- Cash -€9,714
down €9,714 (-10.1%), from €96,527 to €86,813
mainly Receivables within one year (-€22,345) and Trade debts (-€9,371)
- Tangible fixed assets -€1,348
down €1,348 (-39.2%), from €3,440 to €2,092
of which Furniture and vehicles: -€863
- Advances received +€21,363
new in 2025: €21,363
- Trade debts -€9,371
down €9,371 (-92.0%), from €10,186 to €815
- Reserves +€6,806
up €6,806 (+8.8%), from €77,019 to €83,825
- Other debts -€4,849
down €4,849 (-63.4%), from €7,654 to €2,805
- Tax, wage and social debts -€3,297
down €3,297 (-96.1%), from €3,431 to €134
- Gross operating margin -€21,211
down €21,211 (-57.1%), from €37,135 to €15,924
- Taxes -€5,929
down €5,929 (-48.9%), from €12,119 to €6,190
- Depreciation -€467
down €467 (-25.7%), from €1,814 to €1,348
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 | €110,689 | €121,342 | +€10,652 | +9.6% |
| Fixed assets | 21/28 | €3,440 | €2,092 | -€1,348 | -39.2% |
| Tangible fixed assets | 22/27 | €3,440 | €2,092 | -€1,348 | -39.2% |
| Plant, machinery and equipment | 23 | €896 | €411 | -€484 | -54.1% |
| Furniture and vehicles | 24 | €2,544 | €1,681 | -€863 | -33.9% |
| Current assets | 29/58 | €107,249 | €119,249 | +€12,000 | +11.2% |
| Amounts receivable within one year | 40/41 | €8,430 | €30,775 | +€22,345 | +265% |
| Trade receivables | 40 | €3,536 | €17,830 | +€14,294 | +404% |
| Other amounts receivable | 41 | €4,894 | €12,945 | +€8,051 | +164% |
| Cash at bank and in hand | 54/58 | €96,527 | €86,813 | -€9,714 | -10.1% |
| Deferred charges and accrued income | 490/1 | €2,292 | €1,661 | -€631 | -27.5% |
| Total equity and liabilities | 10/49 | €110,689 | €121,342 | +€10,652 | +9.6% |
| Equity | 10/15 | €89,419 | €96,225 | +€6,806 | +7.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €77,019 | €83,825 | +€6,806 | +8.8% |
| Distributable reserves | 133 | €77,019 | €83,825 | +€6,806 | +8.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €21,270 | €25,116 | +€3,846 | +18.1% |
| Amounts payable within one year | 42/48 | €21,270 | €25,116 | +€3,846 | +18.1% |
| Trade debts | 44 | €10,186 | €815 | -€9,371 | -92.0% |
| Suppliers | 440/4 | €10,186 | €815 | -€9,371 | -92.0% |
| Advances received on contracts in progress | 46 | - | €21,363 | +€21,363 | |
| Taxes, remuneration and social security | 45 | €3,431 | €134 | -€3,297 | -96.1% |
| Taxes | 450/3 | €3,431 | €134 | -€3,297 | -96.1% |
| Other amounts payable | 47/48 | €7,654 | €2,805 | -€4,849 | -63.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,814 | €1,348 | -€467 | -25.7% |
| Other operating charges | 640/8 | €1,170 | €1,209 | +€39 | +3.4% |
| Gross operating margin | 9900 | €37,135 | €15,924 | -€21,211 | -57.1% |
| Operating profit (loss) | 9901 | €34,151 | €13,368 | -€20,784 | -60.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €259 | €371 | +€112 | +43.1% |
| Recurring financial charges | 65 | €259 | €371 | +€112 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €33,892 | €12,997 | -€20,895 | -61.7% |
| Income taxes | 67/77 | €12,119 | €6,190 | -€5,929 | -48.9% |
| Profit (loss) for the period | 9904 | €21,772 | €6,806 | -€14,966 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,772 | €6,806 | -€14,966 | -68.7% |
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 22 October 2026 via checked.be.