DEDE: 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.
DEDE
Largest movements
- Tangible fixed assets -€10,333
down €10,333 (-16.2%), from €63,630 to €53,297
of which Furniture and vehicles: -€9,335
- Current investments -€7,862
down €7,862 (-26.7%), from €29,484 to €21,621
- Cash +€4,424
up €4,424 (+90.0%), from €4,917 to €9,341
mainly Depreciation (+€10,333) and Current investments (+€7,862)
- Deferred charges and accrued income +€4,220
up €4,220 (+254%), from €1,663 to €5,883
- Financial fixed assets -€1,811
down €1,811 (-6.1%), from €29,896 to €28,085
- Other debts -€14,531
down €14,531 (-39.4%), from €36,861 to €22,330
- Reserves +€6,682
up €6,682 (+8.1%), from €82,220 to €88,902
- Accrued charges and deferred income -€1,384
down €1,384 (-55.5%), from €2,495 to €1,111
- Financial charges -€1,967
down €1,967 (-54.4%), from €3,616 to €1,648
- Financial income +€1,375
up €1,375 (+401%), from €343 to €1,718
- Taxes +€847
up €847 (+32.4%), from €2,610 to €3,457
- Gross operating margin -€721
down €721 (-2.7%), from €26,333 to €25,612
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 | €130,764 | €120,434 | -€10,331 | -7.9% |
| Fixed assets | 21/28 | €93,526 | €81,382 | -€12,145 | -13.0% |
| Tangible fixed assets | 22/27 | €63,630 | €53,297 | -€10,333 | -16.2% |
| Land and buildings | 22 | €34,799 | €34,799 | = | 0.0% |
| Plant, machinery and equipment | 23 | €7,099 | €6,101 | -€999 | -14.1% |
| Furniture and vehicles | 24 | €21,732 | €12,397 | -€9,335 | -43.0% |
| Financial fixed assets | 28 | €29,896 | €28,085 | -€1,811 | -6.1% |
| Current assets | 29/58 | €37,238 | €39,052 | +€1,814 | +4.9% |
| Amounts receivable within one year | 40/41 | €1,174 | €2,206 | +€1,032 | +87.9% |
| Other amounts receivable | 41 | €1,174 | €2,206 | +€1,032 | +87.9% |
| Current investments | 50/53 | €29,484 | €21,621 | -€7,862 | -26.7% |
| Cash at bank and in hand | 54/58 | €4,917 | €9,341 | +€4,424 | +90.0% |
| Deferred charges and accrued income | 490/1 | €1,663 | €5,883 | +€4,220 | +254% |
| Total equity and liabilities | 10/49 | €130,764 | €120,434 | -€10,331 | -7.9% |
| Equity | 10/15 | €88,426 | €95,107 | +€6,682 | +7.6% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €82,220 | €88,902 | +€6,682 | +8.1% |
| Distributable reserves | 133 | €82,220 | €88,902 | +€6,682 | +8.1% |
| Amounts payable | 17/49 | €42,339 | €25,326 | -€17,013 | -40.2% |
| Amounts payable within one year | 42/48 | €39,844 | €24,215 | -€15,628 | -39.2% |
| Trade debts | 44 | €1,913 | €967 | -€946 | -49.5% |
| Suppliers | 440/4 | €1,913 | €967 | -€946 | -49.5% |
| Taxes, remuneration and social security | 45 | €1,069 | €918 | -€152 | -14.2% |
| Taxes | 450/3 | €1,069 | €918 | -€152 | -14.2% |
| Other amounts payable | 47/48 | €36,861 | €22,330 | -€14,531 | -39.4% |
| Accrued charges and deferred income | 492/3 | €2,495 | €1,111 | -€1,384 | -55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,442 | €10,333 | -€109 | -1.0% |
| Other operating charges | 640/8 | €4,787 | €4,937 | +€150 | +3.1% |
| Non-recurring operating charges | 66A | - | €273 | +€273 | |
| Gross operating margin | 9900 | €26,333 | €25,612 | -€721 | -2.7% |
| Operating profit (loss) | 9901 | €11,104 | €10,069 | -€1,035 | -9.3% |
| Financial income | 75/76B | €343 | €1,718 | +€1,375 | +401% |
| Recurring financial income | 75 | €343 | €1,718 | +€1,375 | +401% |
| Financial charges | 65/66B | €3,616 | €1,648 | -€1,967 | -54.4% |
| Recurring financial charges | 65 | €3,616 | €1,648 | -€1,967 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | €7,832 | €10,139 | +€2,308 | +29.5% |
| Income taxes | 67/77 | €2,610 | €3,457 | +€847 | +32.4% |
| Profit (loss) for the period | 9904 | €5,221 | €6,682 | +€1,461 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,221 | €6,682 | +€1,461 | +28.0% |
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 19 October 2026 via checked.be.