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DEDUMO: 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.

What changed

DEDUMO

BE 0501.849.294
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€13,308
2024 · €14,508-€1,200
Equity
€358,931
2024 · €401,624-€42,693
Cash
€25,075
2024 · €5,918+€19,157
Balance sheet total
€416,257
2024 · €460,344-€44,087

Largest movements

2024 to 2025
Assets
  • Receivables after one year -€54,672

    down €54,672 (-41.6%), from €131,483 to €76,811

  • Cash +€19,157

    up €19,157 (+323.7%), from €5,918 to €25,075

    mainly Receivables after one year (+€54,672) and Net result for the year (+€13,308)

  • Tangible fixed assets -€5,500

    down €5,500 (-2.8%), from €197,911 to €192,411

Equity and liabilities
  • Reserves -€37,000

    down €37,000 (-27.0%), from €137,053 to €100,053

    of which Tax-exempt reserves: -€42,500

  • Revaluation surpluses -€5,500

    down €5,500 (-3.0%), from €184,292 to €178,792

Income statement
  • Financial income -€1,991

    down €1,991 (-50.3%), from €3,957 to €1,966

  • Gross operating margin +€808

    up €808 (+2.0%), from €40,537 to €41,345

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €14,508
Gross operating margin +€808
Other operating charges -€216
Financial income -€1,991
Financial charges -€147
Taxes +€345
Result 2025 €13,308

Cash bridge derived

cash 2024 to 2025

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.

From operations +€75,157
Investment +€0
Financing -€56,000
Cash 2024 €5,918
Net result for the year +€13,308
Depreciation +€5,500
Receivables after one year +€54,672
Receivables within one year +€1,466
Deferred charges and accrued income +€1,606
Trade debts -€49
Tax, wage and social debts -€345
Other debts -€1,000
Investment in fixed assets (net) +€0
Contributions, distributions and other -€56,000
Cash 2025 €25,075
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €460,344 €416,257 -€44,087 -9.6%
Fixed assets 21/28 €197,911 €192,411 -€5,500 -2.8%
Tangible fixed assets 22/27 €197,911 €192,411 -€5,500 -2.8%
Land and buildings 22 €197,911 €192,411 -€5,500 -2.8%
Current assets 29/58 €262,433 €223,847 -€38,586 -14.7%
Amounts receivable after more than one year 29 €131,483 €76,811 -€54,672 -41.6%
Other amounts receivable 291 €131,483 €76,811 -€54,672 -41.6%
Amounts receivable within one year 40/41 €123,426 €121,960 -€1,466 -1.2%
Other amounts receivable 41 €123,426 €121,960 -€1,466 -1.2%
Cash at bank and in hand 54/58 €5,918 €25,075 +€19,157 +323.7%
Deferred charges and accrued income 490/1 €1,606 €0 -€1,606 -100.0%
Total equity and liabilities 10/49 €460,344 €416,257 -€44,087 -9.6%
Equity 10/15 €401,624 €358,931 -€42,693 -10.6%
Contributions 10/11 €80,000 €80,000 = 0.0%
Revaluation surpluses 12 €184,292 €178,792 -€5,500 -3.0%
Reserves 13 €137,053 €100,053 -€37,000 -27.0%
Tax-exempt reserves 132 €51,345 €8,845 -€42,500 -82.8%
Distributable reserves 133 €85,708 €91,208 +€5,500 +6.4%
Profit (loss) carried forward 14 €279 €86 -€193 -69.0%
Amounts payable 17/49 €58,720 €57,326 -€1,394 -2.4%
Amounts payable within one year 42/48 €58,720 €57,326 -€1,394 -2.4%
Trade debts 44 €885 €836 -€49 -5.6%
Suppliers 440/4 €885 €836 -€49 -5.6%
Taxes, remuneration and social security 45 €835 €490 -€345 -41.3%
Taxes 450/3 €835 €490 -€345 -41.3%
Other amounts payable 47/48 €57,000 €56,000 -€1,000 -1.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,500 €5,500 = 0.0%
Other operating charges 640/8 €3,651 €3,867 +€216 +5.9%
Gross operating margin 9900 €40,537 €41,345 +€808 +2.0%
Operating profit (loss) 9901 €31,386 €31,979 +€593 +1.9%
Financial income 75/76B €3,957 €1,966 -€1,991 -50.3%
Recurring financial income 75 €3,957 €1,966 -€1,991 -50.3%
Financial charges 65/66B - €147 +€147
Recurring financial charges 65 - €147 +€147
Profit (loss) for the period before taxes 9903 €35,343 €33,798 -€1,545 -4.4%
Income taxes 67/77 €20,835 €20,490 -€345 -1.7%
Profit (loss) for the period 9904 €14,508 €13,308 -€1,200 -8.3%
Transfer from tax-exempt reserves 789 €42,500 €42,500 = 0.0%
Profit (loss) for the period to be appropriated 9905 €57,008 €55,808 -€1,200 -2.1%

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 30 September 2026 via checked.be.