DEAN: 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.
DEAN
Largest movements
- Receivables within one year +€13,537
up €13,537 (+7.5%), from €181,496 to €195,033
of which Trade receivables: +€14,833
- Other debts +€40,247
up €40,247 (+92.2%), from €43,668 to €83,915
- Current portion of long-term debt -€9,369
down €9,369 (-59.7%), from €15,696 to €6,327
- Short-term financial debts -€6,906
no longer reported in 2025 (was €6,906)
- Debts after one year -€6,817
down €6,817 (-67.5%), from €10,097 to €3,280
- Gross operating margin -€19,556
down €19,556 (-56.8%), from €34,412 to €14,856
- Depreciation -€16,698
down €16,698 (-92.8%), from €17,992 to €1,294
- Taxes -€3,637
down €3,637 (-75.0%), from €4,848 to €1,211
- Other operating charges +€2,891
up €2,891 (+84.3%), from €3,430 to €6,321
- Staff costs -€1,305
down €1,305 (-41.8%), from €3,123 to €1,818
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 | €294,314 | €308,715 | +€14,401 | +4.9% |
| Fixed assets | 21/28 | €47,289 | €46,986 | -€303 | -0.6% |
| Tangible fixed assets | 22/27 | €47,289 | €46,986 | -€303 | -0.6% |
| Plant, machinery and equipment | 23 | €1,654 | €0 | -€1,654 | -100.0% |
| Furniture and vehicles | 24 | €45,635 | €46,986 | +€1,351 | +3.0% |
| Current assets | 29/58 | €247,025 | €261,729 | +€14,704 | +6.0% |
| Stocks and contracts in progress | 3 | €30,500 | €30,500 | = | 0.0% |
| Stocks | 30/36 | €30,500 | €30,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €181,496 | €195,033 | +€13,537 | +7.5% |
| Trade receivables | 40 | €179,270 | €194,103 | +€14,833 | +8.3% |
| Other amounts receivable | 41 | €2,226 | €930 | -€1,296 | -58.2% |
| Cash at bank and in hand | 54/58 | - | €1,167 | +€1,167 | |
| Deferred charges and accrued income | 490/1 | €35,029 | €35,029 | = | 0.0% |
| Total equity and liabilities | 10/49 | €294,314 | €308,715 | +€14,401 | +4.9% |
| Equity | 10/15 | €199,423 | €199,071 | -€352 | -0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191,363 | €191,011 | -€352 | -0.2% |
| Amounts payable | 17/49 | €94,891 | €109,644 | +€14,753 | +15.5% |
| Amounts payable after more than one year | 17 | €10,097 | €3,280 | -€6,817 | -67.5% |
| Financial debts | 170/4 | €10,097 | €3,280 | -€6,817 | -67.5% |
| Amounts payable within one year | 42/48 | €84,794 | €106,364 | +€21,570 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €15,696 | €6,327 | -€9,369 | -59.7% |
| Financial debts | 43 | €6,906 | - | -€6,906 | |
| Credit institutions | 430/8 | €6,906 | - | -€6,906 | |
| Trade debts | 44 | €16,824 | €14,522 | -€2,302 | -13.7% |
| Suppliers | 440/4 | €16,824 | €14,522 | -€2,302 | -13.7% |
| Taxes, remuneration and social security | 45 | €1,700 | €1,600 | -€100 | -5.9% |
| Taxes | 450/3 | €1,700 | €1,600 | -€100 | -5.9% |
| Other amounts payable | 47/48 | €43,668 | €83,915 | +€40,247 | +92.2% |
| Remuneration, social security and pensions | 62 | €3,123 | €1,818 | -€1,305 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,992 | €1,294 | -€16,698 | -92.8% |
| Other operating charges | 640/8 | €3,430 | €6,321 | +€2,891 | +84.3% |
| Gross operating margin | 9900 | €34,412 | €14,856 | -€19,556 | -56.8% |
| Operating profit (loss) | 9901 | €9,867 | €5,423 | -€4,444 | -45.0% |
| Financial income | 75/76B | €89 | €567 | +€478 | +537.1% |
| Recurring financial income | 75 | €89 | €567 | +€478 | +537.1% |
| Financial charges | 65/66B | €4,327 | €5,131 | +€804 | +18.6% |
| Recurring financial charges | 65 | €4,327 | €5,131 | +€804 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €5,629 | €859 | -€4,770 | -84.7% |
| Income taxes | 67/77 | €4,848 | €1,211 | -€3,637 | -75.0% |
| Profit (loss) for the period | 9904 | €781 | -€352 | -€1,133 | |
| Profit (loss) for the period to be appropriated | 9905 | €781 | -€352 | -€1,133 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.