DEEVEE: 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.
DEEVEE
Largest movements
- Cash +€46,919
up €46,919 (+2,150%), from €2,183 to €49,102
mainly Net result for the year (+€82,524) and Receivables within one year (+€25,540)
- Receivables within one year -€25,540
down €25,540 (-35.6%), from €71,740 to €46,200
of which Trade receivables: -€20,007
- Deferred charges and accrued income -€7,135
down €7,135 (-100%), from €7,135 to €0
- Reserves +€82,524
up €82,524 (+36.2%), from €228,237 to €310,761
- Current portion of long-term debt -€50,075
down €50,075 (-100%), from €50,075 to €0
- Accrued charges and deferred income -€21,116
down €21,116 (-100%), from €21,116 to €0
- Other debts +€17,037
up €17,037 (+16.1%), from €105,558 to €122,595
- Tax, wage and social debts -€7,961
down €7,961 (-58.9%), from €13,510 to €5,549
of which Remuneration and social security: -€7,890
- Gross operating margin +€41,217
up €41,217 (+213%), from €19,306 to €60,523
- Financial income +€22,500
up €22,500 (+30.0%), from €75,000 to €97,500
- Staff costs +€5,784
up €5,784 (+26.9%), from €21,541 to €27,325
- Taxes +€5,686
up €5,686 (+139%), from €4,078 to €9,764
- Other operating charges +€4,209
up €4,209 (+218%), from €1,927 to €6,136
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 | €459,953 | €477,105 | +€17,151 | +3.7% |
| Fixed assets | 21/28 | €378,896 | €381,803 | +€2,907 | +0.8% |
| Tangible fixed assets | 22/27 | €3,783 | €6,690 | +€2,907 | +76.8% |
| Plant, machinery and equipment | 23 | €2,329 | €5,444 | +€3,115 | +134% |
| Furniture and vehicles | 24 | €1,454 | €1,246 | -€209 | -14.3% |
| Financial fixed assets | 28 | €375,113 | €375,113 | = | 0.0% |
| Current assets | 29/58 | €81,057 | €95,302 | +€14,245 | +17.6% |
| Amounts receivable within one year | 40/41 | €71,740 | €46,200 | -€25,540 | -35.6% |
| Trade receivables | 40 | €60,012 | €40,006 | -€20,007 | -33.3% |
| Other amounts receivable | 41 | €11,727 | €6,194 | -€5,533 | -47.2% |
| Cash at bank and in hand | 54/58 | €2,183 | €49,102 | +€46,919 | +2,150% |
| Deferred charges and accrued income | 490/1 | €7,135 | €0 | -€7,135 | -100% |
| Total equity and liabilities | 10/49 | €459,953 | €477,105 | +€17,151 | +3.7% |
| Equity | 10/15 | €246,837 | €329,361 | +€82,524 | +33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €228,237 | €310,761 | +€82,524 | +36.2% |
| Distributable reserves | 133 | €228,237 | €310,761 | +€82,524 | +36.2% |
| Amounts payable | 17/49 | €213,116 | €147,744 | -€65,372 | -30.7% |
| Amounts payable within one year | 42/48 | €192,000 | €147,744 | -€44,256 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €50,075 | €0 | -€50,075 | -100% |
| Trade debts | 44 | €22,858 | €19,600 | -€3,258 | -14.3% |
| Suppliers | 440/4 | €22,858 | €19,600 | -€3,258 | -14.3% |
| Taxes, remuneration and social security | 45 | €13,510 | €5,549 | -€7,961 | -58.9% |
| Taxes | 450/3 | €569 | €498 | -€72 | -12.6% |
| Remuneration and social security | 454/9 | €12,941 | €5,051 | -€7,890 | -61.0% |
| Other amounts payable | 47/48 | €105,558 | €122,595 | +€17,037 | +16.1% |
| Accrued charges and deferred income | 492/3 | €21,116 | €0 | -€21,116 | -100% |
| Remuneration, social security and pensions | 62 | €21,541 | €27,325 | +€5,784 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,058 | €3,610 | +€552 | +18.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,267 | €17,267 | = | 0.0% |
| Other operating charges | 640/8 | €1,927 | €6,136 | +€4,209 | +218% |
| Non-recurring operating charges | 66A | €2,070 | -€413 | -€2,482 | |
| Gross operating margin | 9900 | €19,306 | €60,523 | +€41,217 | +213% |
| Operating profit (loss) | 9901 | -€26,558 | €6,597 | +€33,155 | |
| Financial income | 75/76B | €75,000 | €97,500 | +€22,500 | +30.0% |
| Recurring financial income | 75 | €75,000 | €97,500 | +€22,500 | +30.0% |
| Financial charges | 65/66B | €8,080 | €11,809 | +€3,729 | +46.1% |
| Recurring financial charges | 65 | €8,080 | €11,809 | +€3,729 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €40,362 | €92,288 | +€51,926 | +129% |
| Income taxes | 67/77 | €4,078 | €9,764 | +€5,686 | +139% |
| Profit (loss) for the period | 9904 | €36,284 | €82,524 | +€46,240 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €36,284 | €82,524 | +€46,240 | +127% |
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 16 October 2026 via checked.be.