Dé S: 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.
Dé S
Largest movements
- Receivables within one year -€19,509
down €19,509 (-85.6%), from €22,791 to €3,282
of which Other amounts receivable: -€19,509
- Cash +€13,992
up €13,992 (+75.0%), from €18,656 to €32,648
mainly Receivables within one year (+€19,509) and Net result for the year (+€2,957)
- Other debts -€5,118
down €5,118 (-16.5%), from €31,108 to €25,990
- Tax, wage and social debts -€3,716
down €3,716 (-14.5%), from €25,592 to €21,876
of which Taxes: -€5,247
- Profit (loss) carried forward +€2,957
up €2,957 (+8.3%), from -€35,681 to -€32,724
- Gross operating margin -€28,793
down €28,793 (-36.8%), from €78,263 to €49,470
- Staff costs -€25,707
down €25,707 (-36.5%), from €70,343 to €44,637
- Other operating charges +€797
up €797 (+203%), from €393 to €1,189
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 | €42,405 | €36,529 | -€5,876 | -13.9% |
| Fixed assets | 21/28 | €546 | €186 | -€360 | -66.0% |
| Tangible fixed assets | 22/27 | €546 | €186 | -€360 | -66.0% |
| Plant, machinery and equipment | 23 | €546 | €186 | -€360 | -66.0% |
| Current assets | 29/58 | €41,860 | €36,343 | -€5,516 | -13.2% |
| Amounts receivable within one year | 40/41 | €22,791 | €3,282 | -€19,509 | -85.6% |
| Trade receivables | 40 | €2,365 | €2,365 | = | 0.0% |
| Other amounts receivable | 41 | €20,426 | €917 | -€19,509 | -95.5% |
| Cash at bank and in hand | 54/58 | €18,656 | €32,648 | +€13,992 | +75.0% |
| Deferred charges and accrued income | 490/1 | €413 | €413 | = | 0.0% |
| Total equity and liabilities | 10/49 | €42,405 | €36,529 | -€5,876 | -13.9% |
| Equity | 10/15 | -€14,295 | -€11,338 | +€2,957 | +20.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €927 | €927 | = | 0.0% |
| Distributable reserves | 133 | €927 | €927 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,681 | -€32,724 | +€2,957 | +8.3% |
| Amounts payable | 17/49 | €56,700 | €47,867 | -€8,834 | -15.6% |
| Amounts payable within one year | 42/48 | €56,700 | €47,867 | -€8,834 | -15.6% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €25,592 | €21,876 | -€3,716 | -14.5% |
| Taxes | 450/3 | €20,809 | €15,562 | -€5,247 | -25.2% |
| Remuneration and social security | 454/9 | €4,783 | €6,315 | +€1,531 | +32.0% |
| Other amounts payable | 47/48 | €31,108 | €25,990 | -€5,118 | -16.5% |
| Remuneration, social security and pensions | 62 | €70,343 | €44,637 | -€25,707 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €557 | €360 | -€197 | -35.4% |
| Other operating charges | 640/8 | €393 | €1,189 | +€797 | +203% |
| Gross operating margin | 9900 | €78,263 | €49,470 | -€28,793 | -36.8% |
| Operating profit (loss) | 9901 | €6,970 | €3,285 | -€3,686 | -52.9% |
| Financial income | 75/76B | €406 | €0 | -€406 | -100% |
| Recurring financial income | 75 | €406 | €0 | -€406 | -100% |
| Financial charges | 65/66B | €294 | €328 | +€33 | +11.3% |
| Recurring financial charges | 65 | €294 | €328 | +€33 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €7,082 | €2,957 | -€4,125 | -58.2% |
| Profit (loss) for the period | 9904 | €7,082 | €2,957 | -€4,125 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,082 | €2,957 | -€4,125 | -58.2% |
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 16 October 2026 via checked.be.