DEEPWATCH CYBERSECURITY: 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.
DEEPWATCH CYBERSECURITY
Largest movements
- Cash -€26,603
down €26,603 (-44.2%), from €60,163 to €33,560
mainly Other debts (-€74,706) and Tax, wage and social debts (-€13,351)
- Receivables within one year -€23,805
down €23,805 (-29.4%), from €80,852 to €57,047
of which Other amounts receivable: -€26,073
- Other debts -€74,706
down €74,706 (-88.2%), from €84,706 to €10,000
- Profit (loss) carried forward +€37,378
up €37,378 (+130.9%), from €28,556 to €65,934
- Tax, wage and social debts -€13,351
down €13,351 (-50.8%), from €26,278 to €12,927
of which Taxes: -€12,319
- Gross operating margin -€23,878
down €23,878 (-27.1%), from €88,078 to €64,200
- Taxes -€5,769
down €5,769 (-30.9%), from €18,687 to €12,918
- Financial charges +€1,401
up €1,401 (+757.3%), from €185 to €1,586
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 | €141,601 | €91,591 | -€50,010 | -35.3% |
| Fixed assets | 21/28 | - | €200 | +€200 | |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €141,601 | €91,391 | -€50,210 | -35.5% |
| Amounts receivable within one year | 40/41 | €80,852 | €57,047 | -€23,805 | -29.4% |
| Trade receivables | 40 | €34,558 | €36,826 | +€2,268 | +6.6% |
| Other amounts receivable | 41 | €46,294 | €20,221 | -€26,073 | -56.3% |
| Cash at bank and in hand | 54/58 | €60,163 | €33,560 | -€26,603 | -44.2% |
| Deferred charges and accrued income | 490/1 | €586 | €784 | +€198 | +33.8% |
| Total equity and liabilities | 10/49 | €141,601 | €91,591 | -€50,010 | -35.3% |
| Equity | 10/15 | €30,056 | €67,434 | +€37,378 | +124.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,556 | €65,934 | +€37,378 | +130.9% |
| Amounts payable | 17/49 | €111,545 | €24,157 | -€87,388 | -78.3% |
| Amounts payable within one year | 42/48 | €111,545 | €24,157 | -€87,388 | -78.3% |
| Trade debts | 44 | €561 | €1,230 | +€669 | +119.3% |
| Suppliers | 440/4 | €561 | €1,230 | +€669 | +119.3% |
| Taxes, remuneration and social security | 45 | €26,278 | €12,927 | -€13,351 | -50.8% |
| Taxes | 450/3 | €25,246 | €12,927 | -€12,319 | -48.8% |
| Remuneration and social security | 454/9 | €1,032 | - | -€1,032 | |
| Other amounts payable | 47/48 | €84,706 | €10,000 | -€74,706 | -88.2% |
| Other operating charges | 640/8 | €484 | €798 | +€314 | +64.9% |
| Gross operating margin | 9900 | €88,078 | €64,200 | -€23,878 | -27.1% |
| Operating profit (loss) | 9901 | €87,594 | €63,402 | -€24,192 | -27.6% |
| Financial income | 75/76B | - | €244 | +€244 | |
| Recurring financial income | 75 | - | €68 | +€68 | |
| Non-recurring financial income | 76B | - | €176 | +€176 | |
| Financial charges | 65/66B | €185 | €1,586 | +€1,401 | +757.3% |
| Recurring financial charges | 65 | €185 | €1,586 | +€1,401 | +757.3% |
| Profit (loss) for the period before taxes | 9903 | €87,409 | €62,060 | -€25,349 | -29.0% |
| Income taxes | 67/77 | €18,687 | €12,918 | -€5,769 | -30.9% |
| Profit (loss) for the period | 9904 | €68,722 | €49,142 | -€19,580 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,722 | €49,142 | -€19,580 | -28.5% |
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 7 October 2026 via checked.be.