DEA: 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.
DEA
Largest movements
- Receivables within one year +€33,720
new in 2025: €33,720
- Cash +€12,358
up €12,358 (+29.0%), from €42,644 to €55,002
mainly Net result for the year (+€50,343) and Deferred charges and accrued income (+€3,108)
- Deferred charges and accrued income -€3,108
down €3,108 (-21.1%), from €14,759 to €11,651
- Tangible fixed assets +€1,991
new in 2025: €1,991
- Stocks and contracts +€1,399
up €1,399 (+18.6%), from €7,507 to €8,906
- Profit (loss) carried forward +€50,343
up €50,343 (+132.8%), from €37,920 to €88,263
- Other debts -€3,940
no longer reported in 2025 (was €3,940)
- Trade debts -€2,283
down €2,283 (-25.1%), from €9,105 to €6,822
- Tax, wage and social debts +€2,241
up €2,241 (+28.9%), from €7,745 to €9,986
- Gross operating margin +€44,678
up €44,678 (+526.2%), from €8,490 to €53,168
- Financial income +€3,656
new in 2025: €3,656
- Taxes +€3,613
up €3,613 (+179.2%), from €2,016 to €5,629
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 | €64,910 | €111,271 | +€46,361 | +71.4% |
| Fixed assets | 21/28 | - | €1,991 | +€1,991 | |
| Tangible fixed assets | 22/27 | - | €1,991 | +€1,991 | |
| Furniture and vehicles | 24 | - | €1,991 | +€1,991 | |
| Current assets | 29/58 | €64,910 | €109,280 | +€44,370 | +68.4% |
| Stocks and contracts in progress | 3 | €7,507 | €8,906 | +€1,399 | +18.6% |
| Stocks | 30/36 | €7,507 | €8,906 | +€1,399 | +18.6% |
| Amounts receivable within one year | 40/41 | - | €33,720 | +€33,720 | |
| Other amounts receivable | 41 | - | €33,720 | +€33,720 | |
| Cash at bank and in hand | 54/58 | €42,644 | €55,002 | +€12,358 | +29.0% |
| Deferred charges and accrued income | 490/1 | €14,759 | €11,651 | -€3,108 | -21.1% |
| Total equity and liabilities | 10/49 | €64,910 | €111,271 | +€46,361 | +71.4% |
| Equity | 10/15 | €44,120 | €94,463 | +€50,343 | +114.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,920 | €88,263 | +€50,343 | +132.8% |
| Amounts payable | 17/49 | €20,790 | €16,808 | -€3,982 | -19.2% |
| Amounts payable within one year | 42/48 | €20,790 | €16,808 | -€3,982 | -19.2% |
| Trade debts | 44 | €9,105 | €6,822 | -€2,283 | -25.1% |
| Suppliers | 440/4 | €9,105 | €6,822 | -€2,283 | -25.1% |
| Taxes, remuneration and social security | 45 | €7,745 | €9,986 | +€2,241 | +28.9% |
| Taxes | 450/3 | €7,745 | €9,986 | +€2,241 | +28.9% |
| Other amounts payable | 47/48 | €3,940 | - | -€3,940 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | €93 | -€180 | -65.8% |
| Other operating charges | 640/8 | €387 | €599 | +€212 | +54.8% |
| Gross operating margin | 9900 | €8,490 | €53,168 | +€44,678 | +526.2% |
| Operating profit (loss) | 9901 | €7,830 | €52,476 | +€44,646 | +570.2% |
| Financial income | 75/76B | - | €3,656 | +€3,656 | |
| Recurring financial income | 75 | - | €3,656 | +€3,656 | |
| Financial charges | 65/66B | €432 | €161 | -€272 | -62.8% |
| Recurring financial charges | 65 | €432 | €161 | -€272 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €7,398 | €55,972 | +€48,574 | +656.6% |
| Income taxes | 67/77 | €2,016 | €5,629 | +€3,613 | +179.2% |
| Profit (loss) for the period | 9904 | €5,382 | €50,343 | +€44,961 | +835.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,382 | €50,343 | +€44,961 | +835.4% |
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 8 October 2026 via checked.be.