DEEP SEED: 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 SEED
Largest movements
- Tangible fixed assets +€11,899
up €11,899 (+638.7%), from €1,863 to €13,762
- Cash -€9,760
down €9,760 (-38.1%), from €25,637 to €15,877
mainly Investment in fixed assets (net) (-€17,281) and Net result for the year (-€9,567)
- Other debts +€16,947
up €16,947 (+11.0%), from €153,607 to €170,554
- Profit (loss) carried forward -€9,567
down €9,567 (-7.5%), from -€127,476 to -€137,043
- Advances received -€8,122
no longer reported in 2025 (was €8,122)
- Tax, wage and social debts +€3,464
up €3,464 (+382.3%), from €906 to €4,370
of which Taxes: +€3,624
- Gross operating margin +€12,742
up €12,742 (+81.7%), from -€15,589 to -€2,847
- Depreciation +€3,218
up €3,218 (+148.8%), from €2,163 to €5,382
- Other operating charges +€565
up €565 (+146.9%), from €384 to €949
- Taxes +€180
new in 2025: €180
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 | €41,679 | €44,209 | +€2,530 | +6.1% |
| Fixed assets | 21/28 | €1,863 | €13,762 | +€11,899 | +638.7% |
| Tangible fixed assets | 22/27 | €1,863 | €13,762 | +€11,899 | +638.7% |
| Furniture and vehicles | 24 | €1,863 | €13,762 | +€11,899 | +638.7% |
| Current assets | 29/58 | €39,816 | €30,447 | -€9,369 | -23.5% |
| Amounts receivable within one year | 40/41 | €13,272 | €13,647 | +€375 | +2.8% |
| Trade receivables | 40 | €13,272 | €13,647 | +€375 | +2.8% |
| Current investments | 50/53 | €908 | €908 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,637 | €15,877 | -€9,760 | -38.1% |
| Deferred charges and accrued income | 490/1 | - | €16 | +€16 | |
| Total equity and liabilities | 10/49 | €41,679 | €44,209 | +€2,530 | +6.1% |
| Equity | 10/15 | -€121,276 | -€130,843 | -€9,567 | -7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€127,476 | -€137,043 | -€9,567 | -7.5% |
| Amounts payable | 17/49 | €162,955 | €175,052 | +€12,097 | +7.4% |
| Amounts payable within one year | 42/48 | €162,955 | €175,052 | +€12,097 | +7.4% |
| Trade debts | 44 | €320 | €128 | -€192 | -60.1% |
| Suppliers | 440/4 | €320 | €128 | -€192 | -60.1% |
| Advances received on contracts in progress | 46 | €8,122 | - | -€8,122 | |
| Taxes, remuneration and social security | 45 | €906 | €4,370 | +€3,464 | +382.3% |
| Taxes | 450/3 | €746 | €4,370 | +€3,624 | +485.7% |
| Remuneration and social security | 454/9 | €160 | - | -€160 | |
| Other amounts payable | 47/48 | €153,607 | €170,554 | +€16,947 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,163 | €5,382 | +€3,218 | +148.8% |
| Other operating charges | 640/8 | €384 | €949 | +€565 | +146.9% |
| Gross operating margin | 9900 | -€15,589 | -€2,847 | +€12,742 | +81.7% |
| Operating profit (loss) | 9901 | -€18,137 | -€9,178 | +€8,959 | +49.4% |
| Financial charges | 65/66B | €213 | €209 | -€4 | -1.8% |
| Recurring financial charges | 65 | €213 | €209 | -€4 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,350 | -€9,388 | +€8,963 | +48.8% |
| Income taxes | 67/77 | - | €180 | +€180 | |
| Profit (loss) for the period | 9904 | -€18,350 | -€9,567 | +€8,783 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,350 | -€9,567 | +€8,783 | +47.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.