DEDE: 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.
DEDE
Largest movements
- Cash -€8,213
down €8,213 (-98.9%), from €8,308 to €95
mainly Net result for the year (-€34,137) and Debts after one year (-€10,524)
- Tangible fixed assets +€6,640
up €6,640 (+158.0%), from €4,202 to €10,842
of which Plant, machinery and equipment: +€7,121
- Intangible fixed assets -€5,000
down €5,000 (-14.7%), from €34,027 to €29,027
- Receivables within one year +€3,277
up €3,277, from €0 to €3,277
of which Trade receivables: +€2,957
- Stocks and contracts +€940
new in 2025: €940
- Other debts +€38,453
up €38,453 (+84.4%), from €45,534 to €83,987
- Profit (loss) carried forward -€34,137
down €34,137 (-39.0%), from -€87,430 to -€121,567
- Debts after one year -€10,524
down €10,524 (-53.5%), from €19,667 to €9,143
- Trade debts -€4,565
down €4,565 (-13.2%), from €34,542 to €29,978
- Advances received +€3,420
new in 2025: €3,420
- Gross operating margin -€17,982
down €17,982, from €6,546 to -€11,436
- Staff costs +€13,526
new in 2025: €13,526
- Depreciation +€5,567
up €5,567 (+506.5%), from €1,099 to €6,666
- Other operating charges -€1,108
down €1,108 (-70.4%), from €1,575 to €467
- Financial charges -€400
down €400 (-16.4%), from €2,441 to €2,041
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 | €46,537 | €44,181 | -€2,356 | -5.1% |
| Fixed assets | 21/28 | €38,230 | €39,869 | +€1,640 | +4.3% |
| Intangible fixed assets | 21 | €34,027 | €29,027 | -€5,000 | -14.7% |
| Tangible fixed assets | 22/27 | €4,202 | €10,842 | +€6,640 | +158.0% |
| Plant, machinery and equipment | 23 | - | €7,121 | +€7,121 | |
| Other tangible fixed assets | 26 | €4,202 | €3,721 | -€481 | -11.4% |
| Current assets | 29/58 | €8,308 | €4,312 | -€3,996 | -48.1% |
| Stocks and contracts in progress | 3 | - | €940 | +€940 | |
| Stocks | 30/36 | - | €940 | +€940 | |
| Amounts receivable within one year | 40/41 | €0 | €3,277 | +€3,277 | |
| Trade receivables | 40 | - | €2,957 | +€2,957 | |
| Other amounts receivable | 41 | €0 | €320 | +€320 | |
| Cash at bank and in hand | 54/58 | €8,308 | €95 | -€8,213 | -98.9% |
| Total equity and liabilities | 10/49 | €46,537 | €44,181 | -€2,356 | -5.1% |
| Equity | 10/15 | -€66,970 | -€101,107 | -€34,137 | -51.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,430 | -€121,567 | -€34,137 | -39.0% |
| Amounts payable | 17/49 | €113,507 | €145,288 | +€31,781 | +28.0% |
| Amounts payable after more than one year | 17 | €19,667 | €9,143 | -€10,524 | -53.5% |
| Financial debts | 170/4 | €19,667 | €9,143 | -€10,524 | -53.5% |
| Amounts payable within one year | 42/48 | €93,783 | €134,341 | +€40,559 | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €10,055 | €10,524 | +€468 | +4.7% |
| Financial debts | 43 | €57 | €0 | -€57 | -100.0% |
| Credit institutions | 430/8 | €57 | €0 | -€57 | -100.0% |
| Trade debts | 44 | €34,542 | €29,978 | -€4,565 | -13.2% |
| Suppliers | 440/4 | €34,542 | €29,978 | -€4,565 | -13.2% |
| Advances received on contracts in progress | 46 | - | €3,420 | +€3,420 | |
| Taxes, remuneration and social security | 45 | €3,593 | €6,433 | +€2,840 | +79.0% |
| Taxes | 450/3 | €3,593 | €699 | -€2,895 | -80.6% |
| Remuneration and social security | 454/9 | - | €5,735 | +€5,735 | |
| Other amounts payable | 47/48 | €45,534 | €83,987 | +€38,453 | +84.4% |
| Accrued charges and deferred income | 492/3 | €57 | €1,803 | +€1,746 | +3039.6% |
| Remuneration, social security and pensions | 62 | - | €13,526 | +€13,526 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,099 | €6,666 | +€5,567 | +506.5% |
| Other operating charges | 640/8 | €1,575 | €467 | -€1,108 | -70.4% |
| Gross operating margin | 9900 | €6,546 | -€11,436 | -€17,982 | |
| Operating profit (loss) | 9901 | €3,872 | -€32,096 | -€35,968 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,441 | €2,041 | -€400 | -16.4% |
| Recurring financial charges | 65 | €2,441 | €2,041 | -€400 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €1,431 | -€34,137 | -€35,568 | |
| Profit (loss) for the period | 9904 | €1,431 | -€34,137 | -€35,568 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,431 | -€34,137 | -€35,568 |
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 5 October 2026 via checked.be.