DEDEKA: 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.
DEDEKA
Largest movements
- Cash +€494,697
up €494,697 (+97.9%), from €505,123 to €999,820
mainly Net result for the year (+€567,325) and Receivables within one year (+€230,846)
- Tangible fixed assets -€308,992
down €308,992 (-7.9%), from €3.9m to €3.6m
of which Land and buildings: -€344,303
- Receivables within one year -€230,846
down €230,846 (-47.8%), from €482,949 to €252,103
of which Trade receivables: -€224,259
- Stocks and contracts +€63,419
new in 2026: €63,419
- Profit (loss) carried forward +€483,120
up €483,120 (+86.1%), from €560,835 to €1.0m
- Debts after one year -€385,484
down €385,484 (-13.2%), from €2.9m to €2.5m
- Accrued charges and deferred income -€240,000
no longer reported in 2026 (was €240,000)
- Reserves +€213,690
up €213,690 (+27.0%), from €790,985 to €1.0m
of which Tax-exempt reserves: +€288,083
- Provisions +€96,028
up €96,028 (+286%), from €33,634 to €129,662
- Gross operating margin +€375,391
up €375,391 (+51.1%), from €734,372 to €1.1m
- Taxes +€72,579
up €72,579 (+55.6%), from €130,635 to €203,214
- Financial charges +€22,347
up €22,347 (+35.1%), from €63,617 to €85,965
of which Financial charges: +€22,097
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,948,335 | €5,017,718 | +€69,383 | +1.4% |
| Fixed assets | 21/28 | €3,906,484 | €3,597,492 | -€308,992 | -7.9% |
| Tangible fixed assets | 22/27 | €3,906,484 | €3,597,492 | -€308,992 | -7.9% |
| Land and buildings | 22 | €3,864,357 | €3,520,053 | -€344,303 | -8.9% |
| Plant, machinery and equipment | 23 | €12,094 | €20,829 | +€8,735 | +72.2% |
| Furniture and vehicles | 24 | €30,034 | €56,610 | +€26,576 | +88.5% |
| Current assets | 29/58 | €1,041,851 | €1,420,226 | +€378,375 | +36.3% |
| Stocks and contracts in progress | 3 | - | €63,419 | +€63,419 | |
| Stocks | 30/36 | - | €63,419 | +€63,419 | |
| Amounts receivable within one year | 40/41 | €482,949 | €252,103 | -€230,846 | -47.8% |
| Trade receivables | 40 | €309,612 | €85,353 | -€224,259 | -72.4% |
| Other amounts receivable | 41 | €173,337 | €166,750 | -€6,587 | -3.8% |
| Current investments | 50/53 | €45,500 | €95,500 | +€50,000 | +110% |
| Cash at bank and in hand | 54/58 | €505,123 | €999,820 | +€494,697 | +97.9% |
| Deferred charges and accrued income | 490/1 | €8,279 | €9,385 | +€1,106 | +13.4% |
| Total equity and liabilities | 10/49 | €4,948,335 | €5,017,718 | +€69,383 | +1.4% |
| Equity | 10/15 | €1,364,169 | €2,060,980 | +€696,810 | +51.1% |
| Contributions | 10/11 | €12,350 | €12,350 | = | 0.0% |
| Reserves | 13 | €790,985 | €1,004,675 | +€213,690 | +27.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €100,902 | €388,985 | +€288,083 | +286% |
| Distributable reserves | 133 | €688,228 | €613,835 | -€74,393 | -10.8% |
| Profit (loss) carried forward | 14 | €560,835 | €1,043,954 | +€483,120 | +86.1% |
| Provisions and deferred taxes | 16 | €33,634 | €129,662 | +€96,028 | +286% |
| Deferred taxes | 168 | €33,634 | €129,662 | +€96,028 | +286% |
| Amounts payable | 17/49 | €3,550,532 | €2,827,077 | -€723,455 | -20.4% |
| Amounts payable after more than one year | 17 | €2,926,303 | €2,540,819 | -€385,484 | -13.2% |
| Financial debts | 170/4 | €2,926,303 | €2,540,819 | -€385,484 | -13.2% |
| Amounts payable within one year | 42/48 | €384,229 | €286,258 | -€97,971 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €148,931 | €214,981 | +€66,051 | +44.3% |
| Financial debts | 43 | €11,529 | €6,382 | -€5,147 | -44.6% |
| Credit institutions | 430/8 | €11,529 | €6,382 | -€5,147 | -44.6% |
| Trade debts | 44 | €90,689 | €19,055 | -€71,634 | -79.0% |
| Suppliers | 440/4 | €90,689 | €19,055 | -€71,634 | -79.0% |
| Taxes, remuneration and social security | 45 | €133,080 | €45,336 | -€87,744 | -65.9% |
| Taxes | 450/3 | €133,080 | €45,336 | -€87,744 | -65.9% |
| Other amounts payable | 47/48 | - | €504 | +€504 | |
| Accrued charges and deferred income | 492/3 | €240,000 | - | -€240,000 | |
| Non-recurring operating income | 76A | €661 | - | -€661 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,043 | €166,109 | -€3,934 | -2.3% |
| Other operating charges | 640/8 | €76,419 | €81,196 | +€4,777 | +6.3% |
| Non-recurring operating charges | 66A | €11,562 | €11,255 | -€307 | -2.7% |
| Gross operating margin | 9900 | €734,372 | €1,109,763 | +€375,391 | +51.1% |
| Operating profit (loss) | 9901 | €476,348 | €851,203 | +€374,854 | +78.7% |
| Financial income | 75/76B | €89 | €36 | -€54 | -60.2% |
| Recurring financial income | 75 | €89 | €36 | -€54 | -60.2% |
| Financial charges | 65/66B | €63,617 | €85,965 | +€22,347 | +35.1% |
| Recurring financial charges | 65 | €63,617 | €85,715 | +€22,097 | +34.7% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | €412,820 | €765,273 | +€352,453 | +85.4% |
| Transfer from deferred taxes | 780 | €1,297 | €5,265 | +€3,968 | +306% |
| Income taxes | 67/77 | €130,635 | €203,214 | +€72,579 | +55.6% |
| Profit (loss) for the period | 9904 | €283,482 | €567,325 | +€283,843 | +100% |
| Transfer from tax-exempt reserves | 789 | €3,890 | €15,795 | +€11,905 | +306% |
| Transfer to tax-exempt reserves | 689 | - | €303,878 | +€303,878 | |
| Profit (loss) for the period to be appropriated | 9905 | €287,372 | €279,241 | -€8,130 | -2.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.