DEDONAT: 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.
DEDONAT
Largest movements
- Receivables within one year -€4,800
down €4,800 (-66.9%), from €7,179 to €2,380
of which Other amounts receivable: -€4,559
- Cash +€4,703
up €4,703 (+72.1%), from €6,519 to €11,222
mainly Net result for the year (+€7,890) and Receivables within one year (+€4,800)
- Financial fixed assets +€1,353
new in 2025: €1,353
- Tangible fixed assets +€827
up €827 (+82.7%), from €1,000 to €1,827
of which Furniture and vehicles: +€1,327
- Stocks and contracts -€731
down €731 (-8.5%), from €8,634 to €7,902
- Profit (loss) carried forward +€7,890
up €7,890 (+20.9%), from -€37,817 to -€29,927
- Trade debts -€4,883
down €4,883 (-28.3%), from €17,251 to €12,368
- Current portion of long-term debt -€4,355
no longer reported in 2025 (was €4,355)
- Tax, wage and social debts +€3,844
up €3,844 (+24.7%), from €15,572 to €19,416
of which Taxes: +€2,617
- Short-term financial debts -€2,307
no longer reported in 2025 (was €2,307)
- Staff costs +€12,981
up €12,981 (+27.9%), from €46,485 to €59,466
- Gross operating margin +€1,969
up €1,969 (+2.6%), from €75,151 to €77,120
- Financial charges +€1,175
up €1,175 (+31.1%), from €3,776 to €4,951
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 | €23,669 | €25,071 | +€1,402 | +5.9% |
| Fixed assets | 21/28 | €1,000 | €3,180 | +€2,180 | +218.0% |
| Tangible fixed assets | 22/27 | €1,000 | €1,827 | +€827 | +82.7% |
| Plant, machinery and equipment | 23 | €1,000 | €500 | -€500 | -50.0% |
| Furniture and vehicles | 24 | - | €1,327 | +€1,327 | |
| Financial fixed assets | 28 | - | €1,353 | +€1,353 | |
| Current assets | 29/58 | €22,669 | €21,891 | -€778 | -3.4% |
| Stocks and contracts in progress | 3 | €8,634 | €7,902 | -€731 | -8.5% |
| Stocks | 30/36 | €8,634 | €7,902 | -€731 | -8.5% |
| Amounts receivable within one year | 40/41 | €7,179 | €2,380 | -€4,800 | -66.9% |
| Trade receivables | 40 | €2,620 | €2,380 | -€241 | -9.2% |
| Other amounts receivable | 41 | €4,559 | - | -€4,559 | |
| Cash at bank and in hand | 54/58 | €6,519 | €11,222 | +€4,703 | +72.1% |
| Deferred charges and accrued income | 490/1 | €337 | €387 | +€50 | +14.9% |
| Total equity and liabilities | 10/49 | €23,669 | €25,071 | +€1,402 | +5.9% |
| Equity | 10/15 | -€15,817 | -€7,927 | +€7,890 | +49.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,817 | -€29,927 | +€7,890 | +20.9% |
| Amounts payable | 17/49 | €39,486 | €32,998 | -€6,488 | -16.4% |
| Amounts payable within one year | 42/48 | €39,486 | €32,755 | -€6,730 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €4,355 | - | -€4,355 | |
| Financial debts | 43 | €2,307 | - | -€2,307 | |
| Credit institutions | 430/8 | €2,307 | - | -€2,307 | |
| Trade debts | 44 | €17,251 | €12,368 | -€4,883 | -28.3% |
| Suppliers | 440/4 | €17,251 | €12,368 | -€4,883 | -28.3% |
| Taxes, remuneration and social security | 45 | €15,572 | €19,416 | +€3,844 | +24.7% |
| Taxes | 450/3 | €7,819 | €10,436 | +€2,617 | +33.5% |
| Remuneration and social security | 454/9 | €7,753 | €8,980 | +€1,227 | +15.8% |
| Other amounts payable | 47/48 | €0 | €971 | +€971 | +269613.9% |
| Accrued charges and deferred income | 492/3 | - | €242 | +€242 | |
| Remuneration, social security and pensions | 62 | €46,485 | €59,466 | +€12,981 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €562 | +€62 | +12.4% |
| Other operating charges | 640/8 | €658 | €652 | -€6 | -0.9% |
| Gross operating margin | 9900 | €75,151 | €77,120 | +€1,969 | +2.6% |
| Operating profit (loss) | 9901 | €27,507 | €16,439 | -€11,068 | -40.2% |
| Financial income | 75/76B | €430 | €4 | -€425 | -99.0% |
| Recurring financial income | 75 | €430 | €4 | -€425 | -99.0% |
| Financial charges | 65/66B | €3,776 | €4,951 | +€1,175 | +31.1% |
| Recurring financial charges | 65 | €3,776 | €4,951 | +€1,175 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €24,161 | €11,492 | -€12,669 | -52.4% |
| Income taxes | 67/77 | €2,980 | €3,602 | +€622 | +20.9% |
| Profit (loss) for the period | 9904 | €21,181 | €7,890 | -€13,291 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,181 | €7,890 | -€13,291 | -62.7% |
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 3 October 2026 via checked.be.