Deep Creek: 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.
Deep Creek
Largest movements
- Cash -€83,397
down €83,397 (-72.9%), from €114,440 to €31,044
mainly Contributions, distributions and other (-€130,000) and Net result for the year (-€54,954)
- Receivables within one year -€5,687
down €5,687 (-10.5%), from €54,021 to €48,334
of which Other amounts receivable: -€5,963
- Deferred charges and accrued income -€2,369
down €2,369 (-62.7%), from €3,778 to €1,409
- Tangible fixed assets +€2,222
new in 2025: €2,222
- Reserves -€130,000
down €130,000 (-99.1%), from €131,135 to €1,135
- Other debts +€106,737
up €106,737 (+5,776%), from €1,848 to €108,585
- Profit (loss) carried forward -€54,954
new in 2025: -€54,954
- Debts after one year -€10,424
down €10,424 (-59.4%), from €17,560 to €7,136
- Trade debts -€3,986
down €3,986 (-89.5%), from €4,455 to €468
- Financial charges +€104,481
up €104,481 (+6,826%), from €1,531 to €106,012
- Gross operating margin -€39,426
down €39,426 (-31.4%), from €125,605 to €86,179
- Taxes -€17,010
down €17,010 (-85.4%), from €19,919 to €2,910
- Depreciation -€2,829
down €2,829 (-76.7%), from €3,691 to €862
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.
Derived cash bridge
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 | €172,240 | €83,008 | -€89,231 | -51.8% |
| Fixed assets | 21/28 | - | €2,222 | +€2,222 | |
| Tangible fixed assets | 22/27 | - | €2,222 | +€2,222 | |
| Furniture and vehicles | 24 | - | €2,222 | +€2,222 | |
| Current assets | 29/58 | €172,240 | €80,786 | -€91,453 | -53.1% |
| Amounts receivable within one year | 40/41 | €54,021 | €48,334 | -€5,687 | -10.5% |
| Trade receivables | 40 | €45,031 | €45,307 | +€276 | +0.6% |
| Other amounts receivable | 41 | €8,990 | €3,026 | -€5,963 | -66.3% |
| Cash at bank and in hand | 54/58 | €114,440 | €31,044 | -€83,397 | -72.9% |
| Deferred charges and accrued income | 490/1 | €3,778 | €1,409 | -€2,369 | -62.7% |
| Total equity and liabilities | 10/49 | €172,240 | €83,008 | -€89,231 | -51.8% |
| Equity | 10/15 | €136,135 | -€48,819 | -€184,954 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €131,135 | €1,135 | -€130,000 | -99.1% |
| Distributable reserves | 133 | €131,135 | €1,135 | -€130,000 | -99.1% |
| Profit (loss) carried forward | 14 | - | -€54,954 | -€54,954 | |
| Amounts payable | 17/49 | €36,105 | €131,828 | +€95,723 | +265% |
| Amounts payable after more than one year | 17 | €17,560 | €7,136 | -€10,424 | -59.4% |
| Financial debts | 170/4 | €17,560 | €7,136 | -€10,424 | -59.4% |
| Amounts payable within one year | 42/48 | €18,545 | €121,882 | +€103,337 | +557% |
| Current portion of amounts payable after more than one year | 42 | €10,097 | €10,424 | +€327 | +3.2% |
| Trade debts | 44 | €4,455 | €468 | -€3,986 | -89.5% |
| Suppliers | 440/4 | €4,455 | €468 | -€3,986 | -89.5% |
| Taxes, remuneration and social security | 45 | €2,146 | €2,405 | +€259 | +12.1% |
| Taxes | 450/3 | €2,146 | €2,405 | +€259 | +12.1% |
| Other amounts payable | 47/48 | €1,848 | €108,585 | +€106,737 | +5,776% |
| Accrued charges and deferred income | 492/3 | - | €2,809 | +€2,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,691 | €862 | -€2,829 | -76.7% |
| Other operating charges | 640/8 | €30,261 | €31,393 | +€1,133 | +3.7% |
| Gross operating margin | 9900 | €125,605 | €86,179 | -€39,426 | -31.4% |
| Operating profit (loss) | 9901 | €91,654 | €53,925 | -€37,730 | -41.2% |
| Financial income | 75/76B | €15 | €43 | +€28 | +191% |
| Recurring financial income | 75 | €15 | €43 | +€28 | +191% |
| Financial charges | 65/66B | €1,531 | €106,012 | +€104,481 | +6,826% |
| Recurring financial charges | 65 | €1,531 | €106,012 | +€104,481 | +6,826% |
| Profit (loss) for the period before taxes | 9903 | €90,138 | -€52,044 | -€142,183 | |
| Income taxes | 67/77 | €19,919 | €2,910 | -€17,010 | -85.4% |
| Profit (loss) for the period | 9904 | €70,219 | -€54,954 | -€125,173 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,219 | -€54,954 | -€125,173 |
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 23 October 2026 via checked.be.