D.E.G. TANKING: 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.
D.E.G. TANKING
Largest movements
- Receivables within one year -€853,348
down €853,348 (-92.3%), from €924,209 to €70,861
of which Other amounts receivable: -€867,089
- Cash -€18,176
down €18,176 (-45.8%), from €39,683 to €21,507
mainly Net result for the year (-€876,116)
- Profit (loss) carried forward -€876,116
down €876,116, from €226,770 to -€649,346
- Financial charges +€860,804
up €860,804 (+10444.3%), from €8,242 to €869,046
- Provisions +€100,000
up €100,000, from -€100,000 to €0
- Write-downs +€24,269
up €24,269, from -€24,269 to €0
- Other operating charges -€24,176
down €24,176 (-88.6%), from €27,279 to €3,102
- Gross operating margin -€2,501
down €2,501 (-188.9%), from -€1,324 to -€3,825
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 | €964,083 | €92,368 | -€871,715 | -90.4% |
| Fixed assets | 21/28 | €191 | €0 | -€191 | -100.0% |
| Tangible fixed assets | 22/27 | €191 | €0 | -€191 | -100.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €191 | €0 | -€191 | -100.0% |
| Current assets | 29/58 | €963,892 | €92,368 | -€871,523 | -90.4% |
| Amounts receivable within one year | 40/41 | €924,209 | €70,861 | -€853,348 | -92.3% |
| Trade receivables | 40 | €6,560 | €20,301 | +€13,741 | +209.5% |
| Other amounts receivable | 41 | €917,649 | €50,560 | -€867,089 | -94.5% |
| Cash at bank and in hand | 54/58 | €39,683 | €21,507 | -€18,176 | -45.8% |
| Total equity and liabilities | 10/49 | €964,083 | €92,368 | -€871,715 | -90.4% |
| Equity | 10/15 | €919,270 | €43,154 | -€876,116 | -95.3% |
| Contributions | 10/11 | €650,000 | €650,000 | = | 0.0% |
| Capital | 10 | €650,000 | €650,000 | = | 0.0% |
| Issued capital | 100 | €650,000 | €650,000 | = | 0.0% |
| Reserves | 13 | €42,500 | €42,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,500 | €42,500 | = | 0.0% |
| Legal reserve | 130 | €42,500 | €42,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,770 | -€649,346 | -€876,116 | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €44,813 | €49,214 | +€4,402 | +9.8% |
| Amounts payable within one year | 42/48 | €39,392 | €40,122 | +€730 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,686 | €7,416 | +€730 | +10.9% |
| Suppliers | 440/4 | €6,686 | €7,416 | +€730 | +10.9% |
| Other amounts payable | 47/48 | €32,706 | €32,706 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,421 | €9,093 | +€3,671 | +67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €618 | €191 | -€427 | -69.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€24,269 | €0 | +€24,269 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€100,000 | €0 | +€100,000 | |
| Other operating charges | 640/8 | €27,279 | €3,102 | -€24,176 | -88.6% |
| Gross operating margin | 9900 | -€1,324 | -€3,825 | -€2,501 | -188.9% |
| Operating profit (loss) | 9901 | €95,049 | -€7,119 | -€102,167 | |
| Financial income | 75/76B | €83 | €48 | -€35 | -41.9% |
| Recurring financial income | 75 | €83 | €48 | -€35 | -41.9% |
| Financial charges | 65/66B | €8,242 | €869,046 | +€860,804 | +10444.3% |
| Recurring financial charges | 65 | €8,242 | €869,046 | +€860,804 | +10444.3% |
| Profit (loss) for the period before taxes | 9903 | €86,890 | -€876,116 | -€963,006 | |
| Profit (loss) for the period | 9904 | €86,890 | -€876,116 | -€963,006 | |
| Profit (loss) for the period to be appropriated | 9905 | €86,890 | -€876,116 | -€963,006 |
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 5 October 2026 via checked.be.