WILLEM DESCHRYVER: 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.
WILLEM DESCHRYVER
Largest movements
- Receivables within one year -€3,570
down €3,570 (-42.7%), from €8,368 to €4,798
of which Other amounts receivable: -€2,019
- Cash -€1,016
down €1,016 (-20.2%), from €5,029 to €4,013
mainly Net result for the year (-€7,660) and Trade debts (-€4,459)
- Tangible fixed assets +€234
up €234 (+5.7%), from €4,081 to €4,315
- Profit (loss) carried forward -€7,660
down €7,660 (-154%), from -€4,973 to -€12,633
- Other debts +€7,606
up €7,606 (+131%), from €5,827 to €13,433
- Trade debts -€4,459
down €4,459 (-88.9%), from €5,013 to €554
- Debts after one year -€1,108
down €1,108 (-49.3%), from €2,247 to €1,140
- Current portion of long-term debt +€995
up €995 (+84.0%), from €1,185 to €2,181
- Gross operating margin -€2,104
down €2,104 (-144%), from -€1,465 to -€3,569
- Depreciation +€309
up €309 (+15.4%), from €2,004 to €2,312
- Other operating charges +€254
new in 2025: €254
- Financial charges +€43
up €43 (+3.1%), from €1,377 to €1,419
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 | €20,175 | €15,947 | -€4,228 | -21.0% |
| Fixed assets | 21/28 | €6,356 | €6,590 | +€234 | +3.7% |
| Tangible fixed assets | 22/27 | €4,081 | €4,315 | +€234 | +5.7% |
| Furniture and vehicles | 24 | €4,081 | €4,315 | +€234 | +5.7% |
| Financial fixed assets | 28 | €2,275 | €2,275 | = | 0.0% |
| Current assets | 29/58 | €13,819 | €9,357 | -€4,462 | -32.3% |
| Amounts receivable within one year | 40/41 | €8,368 | €4,798 | -€3,570 | -42.7% |
| Trade receivables | 40 | €6,340 | €4,790 | -€1,551 | -24.5% |
| Other amounts receivable | 41 | €2,028 | €8 | -€2,019 | -99.6% |
| Cash at bank and in hand | 54/58 | €5,029 | €4,013 | -€1,016 | -20.2% |
| Deferred charges and accrued income | 490/1 | €422 | €546 | +€124 | +29.4% |
| Total equity and liabilities | 10/49 | €20,175 | €15,947 | -€4,228 | -21.0% |
| Equity | 10/15 | €3,482 | -€4,178 | -€7,660 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €6,954 | €6,954 | = | 0.0% |
| Distributable reserves | 133 | €6,954 | €6,954 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,973 | -€12,633 | -€7,660 | -154% |
| Amounts payable | 17/49 | €16,693 | €20,125 | +€3,432 | +20.6% |
| Amounts payable after more than one year | 17 | €2,247 | €1,140 | -€1,108 | -49.3% |
| Financial debts | 170/4 | €2,247 | €1,140 | -€1,108 | -49.3% |
| Amounts payable within one year | 42/48 | €14,446 | €18,986 | +€4,540 | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €1,185 | €2,181 | +€995 | +84.0% |
| Trade debts | 44 | €5,013 | €554 | -€4,459 | -88.9% |
| Suppliers | 440/4 | €5,013 | €554 | -€4,459 | -88.9% |
| Taxes, remuneration and social security | 45 | €2,421 | €2,818 | +€397 | +16.4% |
| Taxes | 450/3 | €2,421 | €2,818 | +€397 | +16.4% |
| Other amounts payable | 47/48 | €5,827 | €13,433 | +€7,606 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,004 | €2,312 | +€309 | +15.4% |
| Other operating charges | 640/8 | - | €254 | +€254 | |
| Gross operating margin | 9900 | -€1,465 | -€3,569 | -€2,104 | -144% |
| Operating profit (loss) | 9901 | -€3,468 | -€6,135 | -€2,667 | -76.9% |
| Financial income | 75/76B | €0 | €26 | +€26 | +131,850% |
| Recurring financial income | 75 | €0 | €26 | +€26 | +131,850% |
| Financial charges | 65/66B | €1,377 | €1,419 | +€43 | +3.1% |
| Recurring financial charges | 65 | €1,377 | €1,419 | +€43 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,845 | -€7,528 | -€2,683 | -55.4% |
| Income taxes | 67/77 | €127 | €132 | +€5 | +3.6% |
| Profit (loss) for the period | 9904 | -€4,973 | -€7,660 | -€2,687 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,973 | -€7,660 | -€2,687 | -54.0% |
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 31 October 2026 via checked.be.