DEALFISH: 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.
DEALFISH
Largest movements
- Cash -€2.2m
down €2.2m (-98.9%), from €2.2m to €24,876
mainly Current investments (-€2.1m) and Contributions, distributions and other (-€155,000)
- Current investments +€2.1m
new in 2025: €2.1m
- Receivables within one year +€64,815
up €64,815 (+234.3%), from €27,659 to €92,474
- Tangible fixed assets -€37,325
down €37,325 (-14.5%), from €257,665 to €220,341
- Reserves -€68,000
down €68,000 (-4.0%), from €1.7m to €1.6m
of which Distributable reserves: -€79,600
- Other debts +€60,511
up €60,511 (+158.6%), from €38,155 to €98,665
- Financial income -€51,169
down €51,169 (-19.7%), from €259,742 to €208,573
- Financial charges +€5,057
new in 2025: €5,057
- Other operating charges +€2,299
up €2,299 (+48.8%), from €4,710 to €7,009
- Gross operating margin +€861
up €861 (+2.4%), from -€36,127 to -€35,266
- Taxes -€677
down €677 (-4.5%), from €15,131 to €14,454
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 | €2,504,839 | €2,453,186 | -€51,653 | -2.1% |
| Fixed assets | 21/28 | €257,738 | €245,414 | -€12,325 | -4.8% |
| Tangible fixed assets | 22/27 | €257,665 | €220,341 | -€37,325 | -14.5% |
| Land and buildings | 22 | €96,800 | €79,200 | -€17,600 | -18.2% |
| Plant, machinery and equipment | 23 | €129,267 | €122,382 | -€6,885 | -5.3% |
| Furniture and vehicles | 24 | €31,599 | €18,399 | -€13,200 | -41.8% |
| Other tangible fixed assets | 26 | - | €360 | +€360 | |
| Financial fixed assets | 28 | €73 | €25,073 | +€25,000 | +34293.6% |
| Current assets | 29/58 | €2,247,101 | €2,207,773 | -€39,328 | -1.8% |
| Amounts receivable within one year | 40/41 | €27,659 | €92,474 | +€64,815 | +234.3% |
| Other amounts receivable | 41 | €27,659 | €92,474 | +€64,815 | +234.3% |
| Current investments | 50/53 | - | €2,090,424 | +€2.1m | |
| Cash at bank and in hand | 54/58 | €2,219,442 | €24,876 | -€2.2m | -98.9% |
| Total equity and liabilities | 10/49 | €2,504,839 | €2,453,186 | -€51,653 | -2.1% |
| Equity | 10/15 | €2,250,106 | €2,182,980 | -€67,125 | -3.0% |
| Contributions | 10/11 | €116,000 | €116,000 | = | 0.0% |
| Reserves | 13 | €1,696,235 | €1,628,235 | -€68,000 | -4.0% |
| Non-distributable reserves | 130/1 | - | €11,600 | +€11,600 | |
| Reserves not available under the articles | 1311 | - | €11,600 | +€11,600 | |
| Distributable reserves | 133 | €1,696,235 | €1,616,635 | -€79,600 | -4.7% |
| Profit (loss) carried forward | 14 | €437,871 | €438,745 | +€875 | +0.2% |
| Amounts payable | 17/49 | €254,734 | €270,206 | +€15,472 | +6.1% |
| Amounts payable after more than one year | 17 | €126,446 | €102,856 | -€23,590 | -18.7% |
| Financial debts | 170/4 | €126,446 | €102,856 | -€23,590 | -18.7% |
| Amounts payable within one year | 42/48 | €128,288 | €167,350 | +€39,062 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | €23,181 | €23,590 | +€409 | +1.8% |
| Trade debts | 44 | €3,320 | €3,203 | -€118 | -3.5% |
| Suppliers | 440/4 | €3,320 | €3,203 | -€118 | -3.5% |
| Taxes, remuneration and social security | 45 | €63,632 | €41,892 | -€21,740 | -34.2% |
| Taxes | 450/3 | €63,632 | €41,892 | -€21,740 | -34.2% |
| Other amounts payable | 47/48 | €38,155 | €98,665 | +€60,511 | +158.6% |
| Non-recurring operating income | 76A | - | €13,229 | +€13,229 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,475 | €58,912 | -€563 | -0.9% |
| Other operating charges | 640/8 | €4,710 | €7,009 | +€2,299 | +48.8% |
| Non-recurring operating charges | 66A | €164 | - | -€164 | |
| Gross operating margin | 9900 | -€36,127 | -€35,266 | +€861 | +2.4% |
| Operating profit (loss) | 9901 | -€100,477 | -€101,187 | -€711 | -0.7% |
| Financial income | 75/76B | €259,742 | €208,573 | -€51,169 | -19.7% |
| Recurring financial income | 75 | €259,742 | €208,573 | -€51,169 | -19.7% |
| Financial charges | 65/66B | - | €5,057 | +€5,057 | |
| Recurring financial charges | 65 | - | €5,057 | +€5,057 | |
| Profit (loss) for the period before taxes | 9903 | €159,266 | €102,328 | -€56,937 | -35.7% |
| Income taxes | 67/77 | €15,131 | €14,454 | -€677 | -4.5% |
| Profit (loss) for the period | 9904 | €144,135 | €87,875 | -€56,260 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €144,135 | €87,875 | -€56,260 | -39.0% |
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 11 October 2026 via checked.be.