Deef Inc.: 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.
Deef Inc.
Largest movements
- Receivables within one year +€18,721
up €18,721 (+121%), from €15,416 to €34,137
of which Trade receivables: +€29,274
- Reserves +€343,896
up €343,896 (+67.9%), from €506,154 to €850,050
- Other debts -€321,114
no longer reported in 2026 (was €321,114)
- Debts after one year -€36,897
down €36,897 (-4.7%), from €791,098 to €754,202
- Tax, wage and social debts +€21,333
up €21,333 (+154%), from €13,856 to €35,189
- Financial income +€312,678
up €312,678 (+10,422,585%), from €3 to €312,681
- Other operating charges -€84,249
down €84,249 (-98.9%), from €85,149 to €900
- Taxes +€58,207
up €58,207 (+1,270%), from €4,584 to €62,791
- Gross operating margin +€32,351
up €32,351 (+32.8%), from €98,538 to €130,888
- Financial charges +€11,535
up €11,535 (+69.4%), from €16,627 to €28,162
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,695,569 | €1,710,918 | +€15,349 | +0.9% |
| Fixed assets | 21/28 | €1,602,921 | €1,602,921 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,102,868 | €1,102,868 | = | 0.0% |
| Land and buildings | 22 | €1,102,868 | €1,102,868 | = | 0.0% |
| Financial fixed assets | 28 | €500,053 | €500,053 | = | 0.0% |
| Current assets | 29/58 | €92,647 | €107,997 | +€15,349 | +16.6% |
| Amounts receivable within one year | 40/41 | €15,416 | €34,137 | +€18,721 | +121% |
| Trade receivables | 40 | - | €29,274 | +€29,274 | |
| Other amounts receivable | 41 | €15,416 | €4,862 | -€10,553 | -68.5% |
| Cash at bank and in hand | 54/58 | €76,749 | €73,357 | -€3,392 | -4.4% |
| Deferred charges and accrued income | 490/1 | €483 | €503 | +€20 | +4.2% |
| Total equity and liabilities | 10/49 | €1,695,569 | €1,710,918 | +€15,349 | +0.9% |
| Equity | 10/15 | €534,334 | €886,050 | +€351,716 | +65.8% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Reserves | 13 | €506,154 | €850,050 | +€343,896 | +67.9% |
| Distributable reserves | 133 | €506,154 | €850,050 | +€343,896 | +67.9% |
| Profit (loss) carried forward | 14 | -€7,820 | - | +€7,820 | |
| Amounts payable | 17/49 | €1,161,235 | €824,869 | -€336,366 | -29.0% |
| Amounts payable after more than one year | 17 | €791,098 | €754,202 | -€36,897 | -4.7% |
| Financial debts | 170/4 | €791,098 | €754,202 | -€36,897 | -4.7% |
| Amounts payable within one year | 42/48 | €368,966 | €70,667 | -€298,299 | -80.8% |
| Current portion of amounts payable after more than one year | 42 | €28,207 | €35,321 | +€7,114 | +25.2% |
| Trade debts | 44 | €5,790 | €157 | -€5,633 | -97.3% |
| Suppliers | 440/4 | €5,790 | €157 | -€5,633 | -97.3% |
| Taxes, remuneration and social security | 45 | €13,856 | €35,189 | +€21,333 | +154% |
| Taxes | 450/3 | €13,856 | €35,189 | +€21,333 | +154% |
| Other amounts payable | 47/48 | €321,114 | - | -€321,114 | |
| Accrued charges and deferred income | 492/3 | €1,171 | - | -€1,171 | |
| Other operating charges | 640/8 | €85,149 | €900 | -€84,249 | -98.9% |
| Gross operating margin | 9900 | €98,538 | €130,888 | +€32,351 | +32.8% |
| Operating profit (loss) | 9901 | €13,388 | €129,988 | +€116,600 | +871% |
| Financial income | 75/76B | €3 | €312,681 | +€312,678 | +10,422,585% |
| Recurring financial income | 75 | €3 | €312,681 | +€312,678 | +10,422,585% |
| Financial charges | 65/66B | €16,627 | €28,162 | +€11,535 | +69.4% |
| Recurring financial charges | 65 | €16,627 | €28,162 | +€11,535 | +69.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,236 | €414,506 | +€417,742 | |
| Income taxes | 67/77 | €4,584 | €62,791 | +€58,207 | +1,270% |
| Profit (loss) for the period | 9904 | -€7,820 | €351,716 | +€359,536 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,820 | €351,716 | +€359,536 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.