DEEB ART: 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.
DEEB ART
Largest movements
- Tangible fixed assets -€3,915
down €3,915 (-15.9%), from €24,663 to €20,748
of which Furniture and vehicles: -€4,532
- Receivables within one year -€3,729
down €3,729 (-43.0%), from €8,671 to €4,942
of which Trade receivables: -€4,425
- Cash -€789
down €789 (-4.5%), from €17,332 to €16,543
mainly Other debts (-€9,165) and Investment in fixed assets (net) (-€3,347)
- Other debts -€9,165
down €9,165 (-17.3%), from €52,874 to €43,709
- Profit (loss) carried forward +€2,837
up €2,837 (+22.3%), from -€12,707 to -€9,870
- Trade debts -€2,105
no longer reported in 2025 (was €2,105)
- Turnover -€91,814
down €91,814 (-68.4%), from €134,305 to €42,491
- Purchases and services -€75,532
down €75,532 (-71.1%), from €106,173 to €30,641
- Financial charges -€20,067
down €20,067 (-99.5%), from €20,159 to €92
- Gross operating margin -€16,282
down €16,282 (-57.9%), from €28,132 to €11,849
- Depreciation +€2,754
up €2,754 (+61.1%), from €4,509 to €7,263
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 | €50,876 | €42,443 | -€8,433 | -16.6% |
| Fixed assets | 21/28 | €24,663 | €20,748 | -€3,915 | -15.9% |
| Tangible fixed assets | 22/27 | €24,663 | €20,748 | -€3,915 | -15.9% |
| Plant, machinery and equipment | 23 | €1,935 | €2,551 | +€616 | +31.9% |
| Furniture and vehicles | 24 | €22,728 | €18,196 | -€4,532 | -19.9% |
| Current assets | 29/58 | €26,213 | €21,695 | -€4,518 | -17.2% |
| Stocks and contracts in progress | 3 | €210 | €210 | = | 0.0% |
| Stocks | 30/36 | €210 | €210 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,671 | €4,942 | -€3,729 | -43.0% |
| Trade receivables | 40 | €5,133 | €708 | -€4,425 | -86.2% |
| Other amounts receivable | 41 | €3,538 | €4,234 | +€696 | +19.7% |
| Cash at bank and in hand | 54/58 | €17,332 | €16,543 | -€789 | -4.5% |
| Total equity and liabilities | 10/49 | €50,876 | €42,443 | -€8,433 | -16.6% |
| Equity | 10/15 | -€4,103 | -€1,266 | +€2,837 | +69.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,403 | €2,403 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,403 | €2,403 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,403 | €2,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,707 | -€9,870 | +€2,837 | +22.3% |
| Amounts payable | 17/49 | €54,979 | €43,709 | -€11,270 | -20.5% |
| Amounts payable within one year | 42/48 | €54,979 | €43,709 | -€11,270 | -20.5% |
| Trade debts | 44 | €2,105 | - | -€2,105 | |
| Suppliers | 440/4 | €2,105 | - | -€2,105 | |
| Other amounts payable | 47/48 | €52,874 | €43,709 | -€9,165 | -17.3% |
| Turnover | 70 | €134,305 | €42,491 | -€91,814 | -68.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €106,173 | €30,641 | -€75,532 | -71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,509 | €7,263 | +€2,754 | +61.1% |
| Other operating charges | 640/8 | €1,400 | €1,096 | -€304 | -21.7% |
| Gross operating margin | 9900 | €28,132 | €11,849 | -€16,282 | -57.9% |
| Operating profit (loss) | 9901 | €22,223 | €3,491 | -€18,732 | -84.3% |
| Financial charges | 65/66B | €20,159 | €92 | -€20,067 | -99.5% |
| Recurring financial charges | 65 | €20,159 | €92 | -€20,067 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €2,064 | €3,399 | +€1,335 | +64.7% |
| Income taxes | 67/77 | €201 | €562 | +€361 | +179.4% |
| Profit (loss) for the period | 9904 | €1,863 | €2,837 | +€974 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,863 | €2,837 | +€974 | +52.3% |
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 7 October 2026 via checked.be.