Deeptech: 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.
Deeptech
Largest movements
- Intangible fixed assets +€496,716
up €496,716 (+2.4%), from €21.1m to €21.6m
- Cash +€392,495
up €392,495 (+200%), from €196,024 to €588,519
mainly Other debts (+€1.8m) and Depreciation (+€453,391)
- Other debts +€1.8m
up €1.8m (+33.4%), from €5.4m to €7.2m
- Profit (loss) carried forward -€598,948
down €598,948 (-21.3%), from -€2.8m to -€3.4m
- Trade debts -€335,594
down €335,594 (-71.0%), from €472,539 to €136,946
- Gross operating margin -€308,774
down €308,774 (-2,548%), from -€12,120 to -€320,894
- Depreciation +€45,122
up €45,122 (+11.1%), from €408,270 to €453,391
- Taxes -€31,039
down €31,039 (-21.3%), from -€145,498 to -€176,537
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 | €21,686,229 | €22,541,939 | +€855,709 | +3.9% |
| Fixed assets | 21/28 | €21,074,926 | €21,571,642 | +€496,716 | +2.4% |
| Intangible fixed assets | 21 | €21,074,926 | €21,571,642 | +€496,716 | +2.4% |
| Current assets | 29/58 | €611,303 | €970,296 | +€358,993 | +58.7% |
| Amounts receivable after more than one year | 29 | €207,995 | €240,061 | +€32,066 | +15.4% |
| Other amounts receivable | 291 | €207,995 | €240,061 | +€32,066 | +15.4% |
| Amounts receivable within one year | 40/41 | €207,284 | €141,716 | -€65,568 | -31.6% |
| Trade receivables | 40 | - | €103,943 | +€103,943 | |
| Other amounts receivable | 41 | €207,284 | €37,773 | -€169,511 | -81.8% |
| Cash at bank and in hand | 54/58 | €196,024 | €588,519 | +€392,495 | +200% |
| Total equity and liabilities | 10/49 | €21,686,229 | €22,541,939 | +€855,709 | +3.9% |
| Equity | 10/15 | €15,832,292 | €15,233,344 | -€598,948 | -3.8% |
| Contributions | 10/11 | €17,485,331 | €17,485,331 | = | 0.0% |
| Capital | 10 | €17,485,331 | €17,485,331 | = | 0.0% |
| Issued capital | 100 | €17,485,331 | €17,485,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,813,039 | -€3,411,987 | -€598,948 | -21.3% |
| Investment grants | 15 | €1,160,000 | €1,160,000 | = | 0.0% |
| Amounts payable | 17/49 | €5,853,937 | €7,308,594 | +€1.5m | +24.8% |
| Amounts payable within one year | 42/48 | €5,853,937 | €7,308,594 | +€1.5m | +24.8% |
| Trade debts | 44 | €472,539 | €136,946 | -€335,594 | -71.0% |
| Suppliers | 440/4 | €472,539 | €136,946 | -€335,594 | -71.0% |
| Taxes, remuneration and social security | 45 | €4,001 | - | -€4,001 | |
| Taxes | 450/3 | €4,001 | - | -€4,001 | |
| Other amounts payable | 47/48 | €5,377,397 | €7,171,649 | +€1.8m | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408,270 | €453,391 | +€45,122 | +11.1% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | -€12,120 | -€320,894 | -€308,774 | -2,548% |
| Operating profit (loss) | 9901 | -€420,516 | -€774,414 | -€353,898 | -84.2% |
| Financial income | 75/76B | €892 | €330 | -€562 | -63.0% |
| Recurring financial income | 75 | €892 | €330 | -€562 | -63.0% |
| Financial charges | 65/66B | €287 | €1,401 | +€1,114 | +387% |
| Recurring financial charges | 65 | €287 | €1,401 | +€1,114 | +387% |
| Profit (loss) for the period before taxes | 9903 | -€419,912 | -€775,485 | -€355,574 | -84.7% |
| Income taxes | 67/77 | -€145,498 | -€176,537 | -€31,039 | -21.3% |
| Profit (loss) for the period | 9904 | -€274,413 | -€598,948 | -€324,535 | -118% |
| Profit (loss) for the period to be appropriated | 9905 | -€274,413 | -€598,948 | -€324,535 | -118% |
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 15 October 2026 via checked.be.