DEEP RIVERS: 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.
DEEP RIVERS
Largest movements
- Receivables within one year +€163,071
up €163,071 (+14273.4%), from €1,142 to €164,214
of which Trade receivables: +€162,670
- Tangible fixed assets +€59,923
up €59,923 (+4916.9%), from €1,219 to €61,141
- Cash +€4,067
up €4,067 (+78.6%), from €5,177 to €9,244
mainly Other debts (+€222,795) and Depreciation (+€11,367)
- Other debts +€222,795
up €222,795 (+99.2%), from €224,615 to €447,410
- Trade debts +€4,788
up €4,788 (+394.6%), from €1,213 to €6,002
- Gross operating margin +€17,301
up €17,301, from -€13,481 to €3,820
- Depreciation +€11,083
up €11,083 (+3902.8%), from €284 to €11,367
- Financial income +€9,064
new in 2025: €9,064
of which Non-recurring financial income: +€9,050
- Other operating charges -€919
down €919 (-59.5%), from €1,545 to €626
- Financial charges +€293
up €293 (+135.1%), from €217 to €511
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 | €9,797 | €236,847 | +€227,050 | +2317.5% |
| Fixed assets | 21/28 | €1,219 | €61,141 | +€59,923 | +4916.9% |
| Tangible fixed assets | 22/27 | €1,219 | €61,141 | +€59,923 | +4916.9% |
| Furniture and vehicles | 24 | €1,219 | €61,141 | +€59,923 | +4916.9% |
| Current assets | 29/58 | €8,578 | €175,706 | +€167,127 | +1948.2% |
| Amounts receivable within one year | 40/41 | €1,142 | €164,214 | +€163,071 | +14273.4% |
| Trade receivables | 40 | €1,142 | €163,812 | +€162,670 | +14238.3% |
| Other amounts receivable | 41 | €0 | €402 | +€402 | |
| Cash at bank and in hand | 54/58 | €5,177 | €9,244 | +€4,067 | +78.6% |
| Deferred charges and accrued income | 490/1 | €2,259 | €2,248 | -€11 | -0.5% |
| Total equity and liabilities | 10/49 | €9,797 | €236,847 | +€227,050 | +2317.5% |
| Equity | 10/15 | -€216,945 | -€216,914 | +€31 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€223,145 | -€223,114 | +€31 | 0.0% |
| Amounts payable | 17/49 | €226,742 | €453,761 | +€227,019 | +100.1% |
| Amounts payable within one year | 42/48 | €226,742 | €453,761 | +€227,019 | +100.1% |
| Trade debts | 44 | €1,213 | €6,002 | +€4,788 | +394.6% |
| Suppliers | 440/4 | €1,213 | €6,002 | +€4,788 | +394.6% |
| Taxes, remuneration and social security | 45 | €914 | €349 | -€565 | -61.8% |
| Taxes | 450/3 | €914 | €349 | -€565 | -61.8% |
| Other amounts payable | 47/48 | €224,615 | €447,410 | +€222,795 | +99.2% |
| Remuneration, social security and pensions | 62 | -€211 | €0 | +€211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €284 | €11,367 | +€11,083 | +3902.8% |
| Other operating charges | 640/8 | €1,545 | €626 | -€919 | -59.5% |
| Gross operating margin | 9900 | -€13,481 | €3,820 | +€17,301 | |
| Operating profit (loss) | 9901 | -€15,099 | -€8,173 | +€6,926 | +45.9% |
| Financial income | 75/76B | - | €9,064 | +€9,064 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Non-recurring financial income | 76B | - | €9,050 | +€9,050 | |
| Financial charges | 65/66B | €217 | €511 | +€293 | +135.1% |
| Recurring financial charges | 65 | €217 | €511 | +€293 | +135.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,316 | €380 | +€15,697 | |
| Income taxes | 67/77 | €513 | €349 | -€163 | -31.8% |
| Profit (loss) for the period | 9904 | -€15,829 | €31 | +€15,860 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,829 | €31 | +€15,860 |
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 6 October 2026 via checked.be.