DEDEVEE: 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.
DEDEVEE
Largest movements
- Cash -€103,006
down €103,006 (-40.7%), from €253,078 to €150,071
mainly Debts after one year (-€168,989) and Contributions, distributions and other (-€101,384)
- Stocks and contracts -€88,960
down €88,960 (-42.7%), from €208,210 to €119,250
- Deferred charges and accrued income +€44,566
up €44,566 (+478.5%), from €9,315 to €53,881
- Debts after one year -€168,989
no longer reported in 2025 (was €168,989)
- Profit (loss) carried forward +€76,882
no longer reported in 2025 (was -€76,882)
- Reserves -€69,428
down €69,428 (-41.7%), from €166,474 to €97,046
of which Distributable reserves: -€69,428
- Trade debts +€31,395
up €31,395 (+188.2%), from €16,681 to €48,076
- Other debts -€23,501
down €23,501 (-30.4%), from €77,304 to €53,803
- Gross operating margin +€182,495
up €182,495, from -€56,531 to €125,963
- Taxes +€16,297
new in 2025: €16,297
- Financial charges -€14,189
down €14,189 (-92.5%), from €15,341 to €1,152
- Financial income +€4,330
up €4,330 (+474.4%), from €913 to €5,243
- Other operating charges -€1,431
down €1,431 (-28.6%), from €5,005 to €3,575
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 | €492,593 | €345,657 | -€146,937 | -29.8% |
| Fixed assets | 21/28 | €917 | €1,726 | +€809 | +88.3% |
| Tangible fixed assets | 22/27 | €917 | €1,726 | +€809 | +88.3% |
| Land and buildings | 22 | €917 | - | -€917 | |
| Plant, machinery and equipment | 23 | - | €1,726 | +€1,726 | |
| Current assets | 29/58 | €491,676 | €343,931 | -€147,746 | -30.0% |
| Stocks and contracts in progress | 3 | €208,210 | €119,250 | -€88,960 | -42.7% |
| Stocks | 30/36 | €208,210 | €119,250 | -€88,960 | -42.7% |
| Amounts receivable within one year | 40/41 | €21,074 | €20,729 | -€345 | -1.6% |
| Trade receivables | 40 | - | €16,658 | +€16,658 | |
| Other amounts receivable | 41 | €21,074 | €4,071 | -€17,004 | -80.7% |
| Cash at bank and in hand | 54/58 | €253,078 | €150,071 | -€103,006 | -40.7% |
| Deferred charges and accrued income | 490/1 | €9,315 | €53,881 | +€44,566 | +478.5% |
| Total equity and liabilities | 10/49 | €492,593 | €345,657 | -€146,937 | -29.8% |
| Equity | 10/15 | €214,593 | €222,046 | +€7,453 | +3.5% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €166,474 | €97,046 | -€69,428 | -41.7% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €153,974 | €84,546 | -€69,428 | -45.1% |
| Profit (loss) carried forward | 14 | -€76,882 | - | +€76,882 | |
| Amounts payable | 17/49 | €278,001 | €123,611 | -€154,390 | -55.5% |
| Amounts payable after more than one year | 17 | €168,989 | - | -€168,989 | |
| Financial debts | 170/4 | €168,989 | - | -€168,989 | |
| Amounts payable within one year | 42/48 | €98,748 | €123,611 | +€24,862 | +25.2% |
| Trade debts | 44 | €16,681 | €48,076 | +€31,395 | +188.2% |
| Suppliers | 440/4 | €16,681 | €48,076 | +€31,395 | +188.2% |
| Taxes, remuneration and social security | 45 | €4,763 | €21,731 | +€16,968 | +356.2% |
| Taxes | 450/3 | €4,763 | €21,731 | +€16,968 | +356.2% |
| Other amounts payable | 47/48 | €77,304 | €53,803 | -€23,501 | -30.4% |
| Accrued charges and deferred income | 492/3 | €10,263 | - | -€10,263 | |
| Non-recurring operating income | 76A | - | €1,962 | +€1,962 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €917 | €1,345 | +€429 | +46.7% |
| Other operating charges | 640/8 | €5,005 | €3,575 | -€1,431 | -28.6% |
| Gross operating margin | 9900 | -€56,531 | €125,963 | +€182,495 | |
| Operating profit (loss) | 9901 | -€62,454 | €121,043 | +€183,497 | |
| Financial income | 75/76B | €913 | €5,243 | +€4,330 | +474.4% |
| Recurring financial income | 75 | €913 | €5,243 | +€4,330 | +474.4% |
| Financial charges | 65/66B | €15,341 | €1,152 | -€14,189 | -92.5% |
| Recurring financial charges | 65 | €15,341 | €1,152 | -€14,189 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | -€76,882 | €125,134 | +€202,016 | |
| Income taxes | 67/77 | - | €16,297 | +€16,297 | |
| Profit (loss) for the period | 9904 | -€76,882 | €108,837 | +€185,718 | |
| Profit (loss) for the period to be appropriated | 9905 | -€76,882 | €108,837 | +€185,718 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.