DEDO$: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DEDO$
Largest movements
- Receivables within one year -€20,621
no longer reported in 2025 (was €20,621)
of which Trade receivables: -€20,560
- Stocks and contracts -€3,081
down €3,081 (-30.5%), from €10,102 to €7,021
- Tangible fixed assets -€1,046
down €1,046 (-10.6%), from €9,873 to €8,827
of which Plant, machinery and equipment: -€1,028
- Profit (loss) carried forward -€24,534
down €24,534 (-741.7%), from -€3,308 to -€27,842
- Trade debts -€6,224
down €6,224 (-35.2%), from €17,694 to €11,470
- Other debts +€4,217
up €4,217 (+17686.7%), from €24 to €4,240
- Tax, wage and social debts +€1,473
up €1,473 (+182.9%), from €805 to €2,278
of which Taxes: +€1,046
- Gross operating margin -€28,794
down €28,794 (-98.3%), from €29,288 to €494
- Staff costs +€5,520
up €5,520 (+53.8%), from €10,257 to €15,776
- Depreciation -€1,317
down €1,317 (-29.8%), from €4,420 to €3,102
- Other operating charges +€1,182
up €1,182 (+25.6%), from €4,624 to €5,806
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 | €55,675 | €30,606 | -€25,069 | -45.0% |
| Fixed assets | 21/28 | €10,373 | €9,327 | -€1,046 | -10.1% |
| Tangible fixed assets | 22/27 | €9,873 | €8,827 | -€1,046 | -10.6% |
| Land and buildings | 22 | €5,194 | €5,924 | +€730 | +14.1% |
| Plant, machinery and equipment | 23 | €3,656 | €2,628 | -€1,028 | -28.1% |
| Furniture and vehicles | 24 | €1,023 | €275 | -€748 | -73.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €45,302 | €21,279 | -€24,023 | -53.0% |
| Stocks and contracts in progress | 3 | €10,102 | €7,021 | -€3,081 | -30.5% |
| Stocks | 30/36 | €10,102 | €7,021 | -€3,081 | -30.5% |
| Amounts receivable within one year | 40/41 | €20,621 | - | -€20,621 | |
| Trade receivables | 40 | €20,560 | - | -€20,560 | |
| Other amounts receivable | 41 | €61 | - | -€61 | |
| Cash at bank and in hand | 54/58 | €13,136 | €13,148 | +€12 | +0.1% |
| Deferred charges and accrued income | 490/1 | €1,443 | €1,110 | -€333 | -23.1% |
| Total equity and liabilities | 10/49 | €55,675 | €30,606 | -€25,069 | -45.0% |
| Equity | 10/15 | €17,152 | -€7,382 | -€24,534 | |
| 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 | -€3,308 | -€27,842 | -€24,534 | -741.7% |
| Amounts payable | 17/49 | €38,523 | €37,988 | -€535 | -1.4% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,523 | €17,988 | -€535 | -2.9% |
| Trade debts | 44 | €17,694 | €11,470 | -€6,224 | -35.2% |
| Suppliers | 440/4 | €17,694 | €11,470 | -€6,224 | -35.2% |
| Taxes, remuneration and social security | 45 | €805 | €2,278 | +€1,473 | +182.9% |
| Taxes | 450/3 | €72 | €1,119 | +€1,046 | +1448.7% |
| Remuneration and social security | 454/9 | €733 | €1,159 | +€426 | +58.2% |
| Other amounts payable | 47/48 | €24 | €4,240 | +€4,217 | +17686.7% |
| Remuneration, social security and pensions | 62 | €10,257 | €15,776 | +€5,520 | +53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,420 | €3,102 | -€1,317 | -29.8% |
| Other operating charges | 640/8 | €4,624 | €5,806 | +€1,182 | +25.6% |
| Non-recurring operating charges | 66A | €3 | - | -€3 | |
| Gross operating margin | 9900 | €29,288 | €494 | -€28,794 | -98.3% |
| Operating profit (loss) | 9901 | €9,984 | -€24,190 | -€34,175 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €209 | €345 | +€136 | +65.4% |
| Recurring financial charges | 65 | €209 | €345 | +€136 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | €9,776 | -€24,534 | -€34,310 | |
| Profit (loss) for the period | 9904 | €9,776 | -€24,534 | -€34,310 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,776 | -€24,534 | -€34,310 |
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 10 October 2026 via checked.be.