Verhuizingen Deceuninck: what changed
Two fiscal 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.
Verhuizingen Deceuninck
Largest movements
- Receivables within one year +€75,776
up €75,776 (+77.9%), from €97,264 to €173,040
of which Other amounts receivable: +€57,955
- Cash +€39,679
up €39,679 (+36.3%), from €109,410 to €149,089
mainly Net result for the year (+€124,269) and Depreciation (+€55,541)
- Tangible fixed assets +€24,896
up €24,896 (+14.0%), from €177,811 to €202,707
- Deferred charges and accrued income -€20,922
down €20,922 (-76.9%), from €27,208 to €6,286
- Profit (loss) carried forward +€124,269
up €124,269 (+124.1%), from €100,144 to €224,413
- Trade debts -€55,482
down €55,482 (-67.9%), from €81,734 to €26,252
- Current portion of long-term debt +€31,004
up €31,004 (+84.4%), from €36,752 to €67,756
- Debts after one year +€23,191
up €23,191 (+15.5%), from €149,920 to €173,111
- Gross operating margin +€312,616
up €312,616 (+118.1%), from €264,626 to €577,242
- Staff costs +€232,566
up €232,566 (+190.9%), from €121,815 to €354,381
- Depreciation +€38,157
up €38,157 (+219.5%), from €17,384 to €55,541
- Taxes +€11,844
up €11,844 (+54.5%), from €21,727 to €33,571
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.
Cash bridge derived
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 | €412,341 | €531,333 | +€118,992 | +28.9% |
| Formation expenses | 20 | €438 | €0 | -€438 | -100.0% |
| Fixed assets | 21/28 | €178,021 | €202,917 | +€24,896 | +14.0% |
| Tangible fixed assets | 22/27 | €177,811 | €202,707 | +€24,896 | +14.0% |
| Furniture and vehicles | 24 | €177,811 | €202,707 | +€24,896 | +14.0% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €233,882 | €328,415 | +€94,533 | +40.4% |
| Amounts receivable within one year | 40/41 | €97,264 | €173,040 | +€75,776 | +77.9% |
| Trade receivables | 40 | €58,063 | €75,884 | +€17,822 | +30.7% |
| Other amounts receivable | 41 | €39,201 | €97,156 | +€57,955 | +147.8% |
| Cash at bank and in hand | 54/58 | €109,410 | €149,089 | +€39,679 | +36.3% |
| Deferred charges and accrued income | 490/1 | €27,208 | €6,286 | -€20,922 | -76.9% |
| Total equity and liabilities | 10/49 | €412,341 | €531,333 | +€118,992 | +28.9% |
| Equity | 10/15 | €105,144 | €229,413 | +€124,269 | +118.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,144 | €224,413 | +€124,269 | +124.1% |
| Amounts payable | 17/49 | €307,197 | €301,919 | -€5,278 | -1.7% |
| Amounts payable after more than one year | 17 | €149,920 | €173,111 | +€23,191 | +15.5% |
| Financial debts | 170/4 | €149,920 | €173,111 | +€23,191 | +15.5% |
| Amounts payable within one year | 42/48 | €157,277 | €128,808 | -€28,469 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €36,752 | €67,756 | +€31,004 | +84.4% |
| Trade debts | 44 | €81,734 | €26,252 | -€55,482 | -67.9% |
| Suppliers | 440/4 | €81,734 | €26,252 | -€55,482 | -67.9% |
| Taxes, remuneration and social security | 45 | €38,791 | €34,800 | -€3,991 | -10.3% |
| Taxes | 450/3 | €30,991 | €1,444 | -€29,548 | -95.3% |
| Remuneration and social security | 454/9 | €7,800 | €33,357 | +€25,557 | +327.7% |
| Remuneration, social security and pensions | 62 | €121,815 | €354,381 | +€232,566 | +190.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,384 | €55,541 | +€38,157 | +219.5% |
| Other operating charges | 640/8 | €1,772 | €5,354 | +€3,582 | +202.2% |
| Gross operating margin | 9900 | €264,626 | €577,242 | +€312,616 | +118.1% |
| Operating profit (loss) | 9901 | €123,655 | €161,966 | +€38,311 | +31.0% |
| Financial income | 75/76B | €510 | €2,884 | +€2,375 | +466.1% |
| Recurring financial income | 75 | €510 | €2,884 | +€2,375 | +466.1% |
| Financial charges | 65/66B | €2,294 | €7,010 | +€4,717 | +205.7% |
| Recurring financial charges | 65 | €2,294 | €7,010 | +€4,717 | +205.7% |
| Profit (loss) for the period before taxes | 9903 | €121,871 | €157,840 | +€35,969 | +29.5% |
| Income taxes | 67/77 | €21,727 | €33,571 | +€11,844 | +54.5% |
| Profit (loss) for the period | 9904 | €100,144 | €124,269 | +€24,125 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €100,144 | €124,269 | +€24,125 | +24.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.