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Deermountain: 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.

What changed

Deermountain

BE 0790.897.022
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €395,670+€949,141
Equity
€9.8m
2024 · €8.5m+€1.3m
Cash
€44,544
2024 · €31,682+€12,862
Balance sheet total
€15.1m
2024 · €11.3m+€3.9m

Largest movements

2024 to 2025
Assets
  • Financial fixed assets +€2.8m

    up €2.8m (+28.5%), from €9.9m to €12.7m

  • Receivables within one year +€907,596

    up €907,596 (+73.1%), from €1.2m to €2.1m

    of which Other amounts receivable: +€908,426

Equity and liabilities
  • Other debts +€1.6m

    up €1.6m (+183.2%), from €884,874 to €2.5m

  • Reserves +€1.3m

    up €1.3m (+280.7%), from €479,163 to €1.8m

  • Debts after one year +€897,659

    up €897,659 (+48.4%), from €1.9m to €2.8m

Income statement
  • Financial income +€739,841

    up €739,841 (+122.8%), from €602,452 to €1.3m

  • Gross operating margin +€298,587

    up €298,587, from -€143,926 to €154,661

  • Financial charges +€88,632

    up €88,632 (+142.1%), from €62,368 to €150,999

    of which Financial charges: +€56,632

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €395,670
Gross operating margin +€298,587
Other operating charges -€655
Financial income +€739,841
Financial charges -€88,632
Result 2025 €1.3m

Cash bridge derived

cash 2024 to 2025

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.

From operations +€1.9m
Investment -€2.8m
Financing +€897,659
Cash 2024 €31,682
Net result for the year +€1.3m
Receivables after one year -€85,000
Receivables within one year -€907,596
Deferred charges and accrued income -€28,392
Trade debts -€5,720
Other debts +€1.6m
Investment in fixed assets (net) -€2.8m
Debts after one year +€897,659
Cash 2025 €44,544
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €11,273,749 €15,131,232 +€3.9m +34.2%
Fixed assets 21/28 €9,918,034 €12,741,667 +€2.8m +28.5%
Financial fixed assets 28 €9,918,034 €12,741,667 +€2.8m +28.5%
Current assets 29/58 €1,355,715 €2,389,565 +€1.0m +76.3%
Amounts receivable after more than one year 29 - €85,000 +€85,000
Other amounts receivable 291 - €85,000 +€85,000
Amounts receivable within one year 40/41 €1,242,355 €2,149,951 +€907,596 +73.1%
Trade receivables 40 €830 €0 -€830 -100.0%
Other amounts receivable 41 €1,241,525 €2,149,951 +€908,426 +73.2%
Cash at bank and in hand 54/58 €31,682 €44,544 +€12,862 +40.6%
Deferred charges and accrued income 490/1 €81,679 €110,070 +€28,392 +34.8%
Total equity and liabilities 10/49 €11,273,749 €15,131,232 +€3.9m +34.2%
Equity 10/15 €8,479,163 €9,823,974 +€1.3m +15.9%
Contributions 10/11 €8,000,000 €8,000,000 = 0.0%
Reserves 13 €479,163 €1,823,974 +€1.3m +280.7%
Distributable reserves 133 €479,163 €1,823,974 +€1.3m +280.7%
Amounts payable 17/49 €2,794,586 €5,307,258 +€2.5m +89.9%
Amounts payable after more than one year 17 €1,856,373 €2,754,032 +€897,659 +48.4%
Financial debts 170/4 €1,856,373 €2,754,032 +€897,659 +48.4%
Amounts payable within one year 42/48 €933,213 €2,548,226 +€1.6m +173.1%
Trade debts 44 €48,339 €42,620 -€5,720 -11.8%
Suppliers 440/4 €48,339 €42,620 -€5,720 -11.8%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Other amounts payable 47/48 €884,874 €2,505,606 +€1.6m +183.2%
Accrued charges and deferred income 492/3 €5,000 €5,000 = 0.0%
Other operating charges 640/8 €488 €1,143 +€655 +134.1%
Gross operating margin 9900 -€143,926 €154,661 +€298,587
Operating profit (loss) 9901 -€144,414 €153,518 +€297,932
Financial income 75/76B €602,452 €1,342,292 +€739,841 +122.8%
Recurring financial income 75 €602,452 €1,342,292 +€739,841 +122.8%
Financial charges 65/66B €62,368 €150,999 +€88,632 +142.1%
Recurring financial charges 65 €62,368 €118,999 +€56,632 +90.8%
Non-recurring financial charges 66B - €32,000 +€32,000
Profit (loss) for the period before taxes 9903 €395,670 €1,344,811 +€949,141 +239.9%
Profit (loss) for the period 9904 €395,670 €1,344,811 +€949,141 +239.9%
Profit (loss) for the period to be appropriated 9905 €395,670 €1,344,811 +€949,141 +239.9%

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 30 September 2026 via checked.be.