DéèS: 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.
DéèS
Largest movements
- Cash +€2,473
up €2,473 (+270%), from €915 to €3,388
mainly Depreciation (+€2,340) and Receivables within one year (+€310)
- Tangible fixed assets -€2,340
down €2,340 (-40.0%), from €5,850 to €3,510
- Receivables within one year -€310
down €310 (-51.7%), from €599 to €289
of which Other amounts receivable: -€310
- Profit (loss) carried forward -€217
down €217 (-8.2%), from -€2,636 to -€2,852
- Gross operating margin -€624
down €624 (-22.2%), from €2,807 to €2,183
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 | €7,364 | €7,187 | -€177 | -2.4% |
| Fixed assets | 21/28 | €5,850 | €3,510 | -€2,340 | -40.0% |
| Tangible fixed assets | 22/27 | €5,850 | €3,510 | -€2,340 | -40.0% |
| Plant, machinery and equipment | 23 | €5,850 | €3,510 | -€2,340 | -40.0% |
| Current assets | 29/58 | €1,514 | €3,677 | +€2,163 | +143% |
| Amounts receivable within one year | 40/41 | €599 | €289 | -€310 | -51.7% |
| Trade receivables | 40 | €100 | €100 | = | 0.0% |
| Other amounts receivable | 41 | €499 | €189 | -€310 | -62.1% |
| Cash at bank and in hand | 54/58 | €915 | €3,388 | +€2,473 | +270% |
| Total equity and liabilities | 10/49 | €7,364 | €7,187 | -€177 | -2.4% |
| Equity | 10/15 | €7,364 | €7,148 | -€217 | -2.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,636 | -€2,852 | -€217 | -8.2% |
| Amounts payable | 17/49 | - | €40 | +€40 | |
| Amounts payable within one year | 42/48 | - | €40 | +€40 | |
| Trade debts | 44 | - | €40 | +€40 | |
| Suppliers | 440/4 | - | €40 | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,340 | €2,340 | = | 0.0% |
| Gross operating margin | 9900 | €2,807 | €2,183 | -€624 | -22.2% |
| Operating profit (loss) | 9901 | €467 | -€157 | -€624 | |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €407 | -€217 | -€624 | |
| Profit (loss) for the period | 9904 | €407 | -€217 | -€624 | |
| Profit (loss) for the period to be appropriated | 9905 | €407 | -€217 | -€624 |
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 26 October 2026 via checked.be.