DEEZET: 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.
DEEZET
Largest movements
- Cash -€207,237
down €207,237 (-81.3%), from €254,794 to €47,557
mainly Current portion of long-term debt (-€140,000) and Investment in fixed assets (net) (-€131,598)
- Tangible fixed assets +€101,444
up €101,444 (+9.9%), from €1.0m to €1.1m
- Receivables within one year -€14,180
down €14,180 (-86.0%), from €16,495 to €2,316
- Current portion of long-term debt -€140,000
down €140,000 (-100.0%), from €140,000 to €0
- Revaluation surpluses +€41,842
new in 2025: €41,842
- Profit (loss) carried forward -€23,984
down €23,984 (-5.8%), from €416,302 to €392,319
- Other debts -€13,690
down €13,690 (-2.8%), from €491,782 to €478,092
- Gross operating margin -€714,933
down €714,933 (-95.9%), from €745,173 to €30,240
- Taxes -€125,817
down €125,817 (-100.0%), from €125,817 to €0
- Other operating charges -€106,019
down €106,019 (-84.7%), from €125,157 to €19,138
- Depreciation -€25,267
down €25,267 (-45.6%), from €55,421 to €30,154
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 | €1,300,619 | €1,180,067 | -€120,551 | -9.3% |
| Fixed assets | 21/28 | €1,028,750 | €1,130,194 | +€101,444 | +9.9% |
| Tangible fixed assets | 22/27 | €1,028,750 | €1,130,194 | +€101,444 | +9.9% |
| Land and buildings | 22 | €1,028,750 | €1,130,194 | +€101,444 | +9.9% |
| Current assets | 29/58 | €271,868 | €49,873 | -€221,995 | -81.7% |
| Amounts receivable within one year | 40/41 | €16,495 | €2,316 | -€14,180 | -86.0% |
| Other amounts receivable | 41 | €16,495 | €2,316 | -€14,180 | -86.0% |
| Cash at bank and in hand | 54/58 | €254,794 | €47,557 | -€207,237 | -81.3% |
| Deferred charges and accrued income | 490/1 | €578 | €0 | -€578 | -100.0% |
| Total equity and liabilities | 10/49 | €1,300,619 | €1,180,067 | -€120,551 | -9.3% |
| Equity | 10/15 | €484,502 | €502,361 | +€17,859 | +3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €41,842 | +€41,842 | |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €416,302 | €392,319 | -€23,984 | -5.8% |
| Amounts payable | 17/49 | €816,116 | €677,706 | -€138,410 | -17.0% |
| Amounts payable after more than one year | 17 | €177,889 | €181,465 | +€3,576 | +2.0% |
| Financial debts | 170/4 | €177,889 | €181,465 | +€3,576 | +2.0% |
| Amounts payable within one year | 42/48 | €638,215 | €496,242 | -€141,974 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €140,000 | €0 | -€140,000 | -100.0% |
| Financial debts | 43 | - | €4,931 | +€4,931 | |
| Credit institutions | 430/8 | - | €4,931 | +€4,931 | |
| Trade debts | 44 | €6,434 | €13,219 | +€6,785 | +105.5% |
| Suppliers | 440/4 | €6,434 | €13,219 | +€6,785 | +105.5% |
| Other amounts payable | 47/48 | €491,782 | €478,092 | -€13,690 | -2.8% |
| Accrued charges and deferred income | 492/3 | €12 | €0 | -€12 | -100.0% |
| Non-recurring operating income | 76A | €723,870 | €0 | -€723,870 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,421 | €30,154 | -€25,267 | -45.6% |
| Other operating charges | 640/8 | €125,157 | €19,138 | -€106,019 | -84.7% |
| Gross operating margin | 9900 | €745,173 | €30,240 | -€714,933 | -95.9% |
| Operating profit (loss) | 9901 | €564,595 | -€19,052 | -€583,647 | |
| Financial income | 75/76B | €2 | €1,549 | +€1,546 | +64433.3% |
| Recurring financial income | 75 | €2 | €1,549 | +€1,546 | +64433.3% |
| Financial charges | 65/66B | €7,354 | €6,480 | -€874 | -11.9% |
| Recurring financial charges | 65 | €7,354 | €6,480 | -€874 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €557,243 | -€23,984 | -€581,227 | |
| Income taxes | 67/77 | €125,817 | €0 | -€125,817 | -100.0% |
| Profit (loss) for the period | 9904 | €431,426 | -€23,984 | -€455,410 | |
| Profit (loss) for the period to be appropriated | 9905 | €431,426 | -€23,984 | -€455,410 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.