Dedinext: 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.
Dedinext
Largest movements
- Receivables within one year +€35,335
up €35,335 (+229.1%), from €15,423 to €50,757
of which Trade receivables: +€26,650
- Cash +€33,471
up €33,471 (+8.9%), from €376,484 to €409,955
mainly Other debts (+€40,890) and Net result for the year (+€21,307)
- Tangible fixed assets -€6,285
down €6,285 (-10.0%), from €63,059 to €56,775
of which Land and buildings: -€8,225
- Other debts +€40,890
up €40,890 (+59.1%), from €69,173 to €110,064
- Reserves +€21,307
up €21,307 (+15.1%), from €141,318 to €162,625
of which Distributable reserves: +€21,307
- Gross operating margin -€47,203
down €47,203 (-52.9%), from €89,162 to €41,960
- Taxes -€13,028
down €13,028 (-59.9%), from €21,733 to €8,705
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 | €456,892 | €518,473 | +€61,581 | +13.5% |
| Fixed assets | 21/28 | €63,059 | €56,775 | -€6,285 | -10.0% |
| Tangible fixed assets | 22/27 | €63,059 | €56,775 | -€6,285 | -10.0% |
| Land and buildings | 22 | €63,059 | €54,834 | -€8,225 | -13.0% |
| Furniture and vehicles | 24 | €0 | €1,940 | +€1,940 | |
| Current assets | 29/58 | €393,833 | €461,698 | +€67,865 | +17.2% |
| Amounts receivable within one year | 40/41 | €15,423 | €50,757 | +€35,335 | +229.1% |
| Trade receivables | 40 | €12,527 | €39,178 | +€26,650 | +212.7% |
| Other amounts receivable | 41 | €2,895 | €11,580 | +€8,684 | +299.9% |
| Cash at bank and in hand | 54/58 | €376,484 | €409,955 | +€33,471 | +8.9% |
| Deferred charges and accrued income | 490/1 | €1,927 | €986 | -€940 | -48.8% |
| Total equity and liabilities | 10/49 | €456,892 | €518,473 | +€61,581 | +13.5% |
| Equity | 10/15 | €259,918 | €281,225 | +€21,307 | +8.2% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €141,318 | €162,625 | +€21,307 | +15.1% |
| Non-distributable reserves | 130/1 | €11,860 | €11,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,860 | €11,860 | = | 0.0% |
| Distributable reserves | 133 | €129,458 | €150,765 | +€21,307 | +16.5% |
| Amounts payable | 17/49 | €196,974 | €237,248 | +€40,274 | +20.4% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,766 | €112,248 | +€40,482 | +56.4% |
| Trade debts | 44 | €860 | €2,184 | +€1,324 | +154.0% |
| Suppliers | 440/4 | €860 | €2,184 | +€1,324 | +154.0% |
| Taxes, remuneration and social security | 45 | €1,733 | €0 | -€1,733 | -100.0% |
| Taxes | 450/3 | €1,733 | €0 | -€1,733 | -100.0% |
| Other amounts payable | 47/48 | €69,173 | €110,064 | +€40,890 | +59.1% |
| Accrued charges and deferred income | 492/3 | €208 | €0 | -€208 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,649 | €8,784 | +€134 | +1.6% |
| Other operating charges | 640/8 | €2,421 | €1,910 | -€511 | -21.1% |
| Gross operating margin | 9900 | €89,162 | €41,960 | -€47,203 | -52.9% |
| Operating profit (loss) | 9901 | €78,092 | €31,266 | -€46,826 | -60.0% |
| Financial income | 75/76B | €159 | €4 | -€155 | -97.4% |
| Recurring financial income | 75 | €159 | €4 | -€155 | -97.4% |
| Financial charges | 65/66B | €1,260 | €1,258 | -€1 | -0.1% |
| Recurring financial charges | 65 | €1,260 | €1,258 | -€1 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €76,991 | €30,012 | -€46,980 | -61.0% |
| Income taxes | 67/77 | €21,733 | €8,705 | -€13,028 | -59.9% |
| Profit (loss) for the period | 9904 | €55,258 | €21,307 | -€33,951 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,258 | €21,307 | -€33,951 | -61.4% |
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 1 October 2026 via checked.be.