Deepak: 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.
Deepak
Largest movements
- Cash +€285,547
up €285,547 (+42.0%), from €679,876 to €965,423
mainly Current investments (+€250,856) and Net result for the year (+€42,851)
- Current investments -€250,856
down €250,856 (-27.5%), from €910,932 to €660,076
- Reserves +€43,000
up €43,000 (+4.2%), from €1.0m to €1.1m
of which Distributable reserves: +€43,000
- Financial charges +€11,053
up €11,053 (+2700.8%), from €409 to €11,462
- Gross operating margin +€6,015
up €6,015 (+10.2%), from €59,122 to €65,137
- Financial income -€5,769
down €5,769 (-41.2%), from €14,013 to €8,244
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 | €2,269,007 | €2,315,641 | +€46,634 | +2.1% |
| Fixed assets | 21/28 | €365,691 | €374,470 | +€8,779 | +2.4% |
| Tangible fixed assets | 22/27 | €365,691 | €374,470 | +€8,779 | +2.4% |
| Land and buildings | 22 | €358,276 | €364,502 | +€6,225 | +1.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €384 | €2,938 | +€2,554 | +665.0% |
| Other tangible fixed assets | 26 | €7,030 | €7,030 | = | 0.0% |
| Current assets | 29/58 | €1,903,316 | €1,941,171 | +€37,855 | +2.0% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,414 | €10,644 | +€4,230 | +66.0% |
| Trade receivables | 40 | €1,010 | €1,409 | +€399 | +39.6% |
| Other amounts receivable | 41 | €5,404 | €9,235 | +€3,831 | +70.9% |
| Current investments | 50/53 | €910,932 | €660,076 | -€250,856 | -27.5% |
| Cash at bank and in hand | 54/58 | €679,876 | €965,423 | +€285,547 | +42.0% |
| Deferred charges and accrued income | 490/1 | €6,095 | €5,029 | -€1,066 | -17.5% |
| Total equity and liabilities | 10/49 | €2,269,007 | €2,315,641 | +€46,634 | +2.1% |
| Equity | 10/15 | €2,260,068 | €2,302,919 | +€42,851 | +1.9% |
| Contributions | 10/11 | €1,239,500 | €1,239,500 | = | 0.0% |
| Capital | 10 | €1,239,500 | €1,239,500 | = | 0.0% |
| Issued capital | 100 | €1,239,500 | €1,239,500 | = | 0.0% |
| Reserves | 13 | €1,019,359 | €1,062,359 | +€43,000 | +4.2% |
| Non-distributable reserves | 130/1 | €123,950 | €123,950 | = | 0.0% |
| Legal reserve | 130 | €123,950 | €123,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €890,409 | €933,409 | +€43,000 | +4.8% |
| Profit (loss) carried forward | 14 | €1,208 | €1,059 | -€149 | -12.3% |
| Amounts payable | 17/49 | €8,939 | €12,722 | +€3,783 | +42.3% |
| Amounts payable within one year | 42/48 | €8,939 | €12,722 | +€3,783 | +42.3% |
| Trade debts | 44 | €5,316 | €9,077 | +€3,761 | +70.8% |
| Suppliers | 440/4 | €5,316 | €9,077 | +€3,761 | +70.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,430 | €2,825 | -€606 | -17.7% |
| Taxes | 450/3 | €3,430 | €2,825 | -€606 | -17.7% |
| Other amounts payable | 47/48 | €193 | €820 | +€627 | +325.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443 | €420 | -€22 | -5.1% |
| Other operating charges | 640/8 | €18,019 | €18,648 | +€629 | +3.5% |
| Gross operating margin | 9900 | €59,122 | €65,137 | +€6,015 | +10.2% |
| Operating profit (loss) | 9901 | €40,660 | €46,069 | +€5,409 | +13.3% |
| Financial income | 75/76B | €14,013 | €8,244 | -€5,769 | -41.2% |
| Recurring financial income | 75 | €14,013 | €8,244 | -€5,769 | -41.2% |
| Financial charges | 65/66B | €409 | €11,462 | +€11,053 | +2700.8% |
| Recurring financial charges | 65 | €409 | €11,462 | +€11,053 | +2700.8% |
| Profit (loss) for the period before taxes | 9903 | €54,264 | €42,851 | -€11,413 | -21.0% |
| Profit (loss) for the period | 9904 | €54,264 | €42,851 | -€11,413 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,264 | €42,851 | -€11,413 | -21.0% |
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.