DeDeMa: 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.
DeDeMa
Largest movements
- Stocks and contracts +€25,448
up €25,448 (+159%), from €16,000 to €41,448
of which Contracts in progress: +€15,590
- Tangible fixed assets -€19,453
down €19,453 (-42.8%), from €45,475 to €26,023
- Receivables within one year -€12,521
down €12,521 (-11.9%), from €105,602 to €93,081
of which Trade receivables: -€21,747
- Intangible fixed assets -€8,708
down €8,708 (-100%), from €8,708 to €0
- Cash +€5,854
up €5,854 (+58.6%), from €9,989 to €15,842
mainly Depreciation (+€28,161) and Receivables within one year (+€12,521)
- Trade debts +€8,869
up €8,869 (+39.0%), from €22,743 to €31,612
- Current portion of long-term debt -€8,533
down €8,533 (-51.8%), from €16,462 to €7,929
- Debts after one year -€7,929
down €7,929 (-52.6%), from €15,085 to €7,157
- Other debts -€7,757
down €7,757 (-21.6%), from €35,928 to €28,171
- Reserves +€6,361
up €6,361 (+7.8%), from €81,072 to €87,432
- Staff costs +€4,424
up €4,424 (+473%), from €935 to €5,359
- Other operating charges +€2,349
up €2,349 (+77.1%), from €3,045 to €5,394
- Depreciation -€1,147
down €1,147 (-3.9%), from €29,309 to €28,161
- Taxes -€1,129
down €1,129 (-18.7%), from €6,023 to €4,894
- Financial charges +€747
up €747 (+11.8%), from €6,340 to €7,088
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 | €199,265 | €191,418 | -€7,847 | -3.9% |
| Fixed assets | 21/28 | €57,004 | €28,843 | -€28,161 | -49.4% |
| Intangible fixed assets | 21 | €8,708 | €0 | -€8,708 | -100% |
| Tangible fixed assets | 22/27 | €45,475 | €26,023 | -€19,453 | -42.8% |
| Plant, machinery and equipment | 23 | €15,259 | €10,014 | -€5,245 | -34.4% |
| Furniture and vehicles | 24 | €24,800 | €15,741 | -€9,059 | -36.5% |
| Leasing and similar rights | 25 | €5,417 | €268 | -€5,149 | -95.1% |
| Financial fixed assets | 28 | €2,820 | €2,820 | = | 0.0% |
| Current assets | 29/58 | €142,261 | €162,575 | +€20,314 | +14.3% |
| Stocks and contracts in progress | 3 | €16,000 | €41,448 | +€25,448 | +159% |
| Stocks | 30/36 | €16,000 | €25,858 | +€9,858 | +61.6% |
| Contracts in progress | 37 | €0 | €15,590 | +€15,590 | |
| Amounts receivable within one year | 40/41 | €105,602 | €93,081 | -€12,521 | -11.9% |
| Trade receivables | 40 | €91,451 | €69,704 | -€21,747 | -23.8% |
| Other amounts receivable | 41 | €14,151 | €23,378 | +€9,226 | +65.2% |
| Cash at bank and in hand | 54/58 | €9,989 | €15,842 | +€5,854 | +58.6% |
| Deferred charges and accrued income | 490/1 | €10,670 | €12,204 | +€1,534 | +14.4% |
| Total equity and liabilities | 10/49 | €199,265 | €191,418 | -€7,847 | -3.9% |
| Equity | 10/15 | €99,672 | €106,032 | +€6,361 | +6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,072 | €87,432 | +€6,361 | +7.8% |
| Distributable reserves | 133 | €81,072 | €87,432 | +€6,361 | +7.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €99,593 | €85,385 | -€14,208 | -14.3% |
| Amounts payable after more than one year | 17 | €15,085 | €7,157 | -€7,929 | -52.6% |
| Financial debts | 170/4 | €15,085 | €7,157 | -€7,929 | -52.6% |
| Amounts payable within one year | 42/48 | €84,508 | €78,229 | -€6,279 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €16,462 | €7,929 | -€8,533 | -51.8% |
| Financial debts | 43 | €4,195 | €4,277 | +€82 | +2.0% |
| Credit institutions | 430/8 | €4,195 | €4,277 | +€82 | +2.0% |
| Trade debts | 44 | €22,743 | €31,612 | +€8,869 | +39.0% |
| Suppliers | 440/4 | €22,743 | €31,612 | +€8,869 | +39.0% |
| Taxes, remuneration and social security | 45 | €5,180 | €6,240 | +€1,060 | +20.5% |
| Taxes | 450/3 | €2,180 | €240 | -€1,940 | -89.0% |
| Remuneration and social security | 454/9 | €3,000 | €6,000 | +€3,000 | +100% |
| Other amounts payable | 47/48 | €35,928 | €28,171 | -€7,757 | -21.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €935 | €5,359 | +€4,424 | +473% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,309 | €28,161 | -€1,147 | -3.9% |
| Other operating charges | 640/8 | €3,045 | €5,394 | +€2,349 | +77.1% |
| Non-recurring operating charges | 66A | €151 | €0 | -€151 | -100% |
| Gross operating margin | 9900 | €56,452 | €56,942 | +€490 | +0.9% |
| Operating profit (loss) | 9901 | €23,013 | €18,027 | -€4,985 | -21.7% |
| Financial income | 75/76B | €13 | €316 | +€303 | +2,327% |
| Recurring financial income | 75 | €13 | €316 | +€303 | +2,327% |
| Financial charges | 65/66B | €6,340 | €7,088 | +€747 | +11.8% |
| Recurring financial charges | 65 | €6,340 | €7,088 | +€747 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €16,685 | €11,255 | -€5,430 | -32.5% |
| Income taxes | 67/77 | €6,023 | €4,894 | -€1,129 | -18.7% |
| Profit (loss) for the period | 9904 | €10,662 | €6,361 | -€4,301 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,662 | €6,361 | -€4,301 | -40.3% |
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 14 October 2026 via checked.be.