DEFICOM GROUP: 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.
What changed
DEFICOM GROUP
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7.3m
2024 · €3.1m+€4.2m
Equity
€80.8m
2024 · €73.5m+€7.3m
Cash
€6.6m
2024 · €2.8m+€3.8m
Balance sheet total
€82.4m
2024 · €74.9m+€7.4m
Largest movements
Assets
- Current investments -€11.7m
no longer reported in 2025 (was €11.7m)
- Receivables within one year +€7.9m
up €7.9m (+18.6%), from €42.5m to €50.4m
of which Other amounts receivable: +€8.0m
- Financial fixed assets +€7.3m
up €7.3m (+41.2%), from €17.7m to €25.1m
of which Affiliated companies: +€5.1m
- Cash +€3.8m
up €3.8m (+137%), from €2.8m to €6.6m
mainly Current investments (+€11.7m) and Net result for the year (+€7.3m)
Equity and liabilities
- Profit (loss) carried forward +€7.3m
up €7.3m (+29.9%), from €24.5m to €31.8m
Income statement
- Financial income +€4.0m
up €4.0m (+126%), from €3.2m to €7.2m
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.
Result 2024
€3.1m
Staff costs
+€29,181
Depreciation
-€18,912
Other operating charges
+€5,887
Other operating items
+€180,941
Financial income
+€4.0m
Financial charges
+€1,341
Taxes
+€30,330
Result 2025
€7.3m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€438,905
Investment
+€4.2m
Financing
€0
Cash 2024
€2.8m
From operations (derived)
-€438,905
Net result for the year
+€7.3m
Depreciation
+€18,912
Receivables within one year
-€7.9m
Deferred charges and accrued income
+€31,229
Trade debts
+€18,363
Tax, wage and social debts
+€95,986
Investment (derived)
+€4.2m
Investment in fixed assets (net)
-€7.5m
Current investments
+€11.7m
Cash 2025
€6.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,941,522 | €82,366,421 | +€7.4m | +9.9% |
| Fixed assets | 21/28 | €17,923,175 | €25,404,783 | +€7.5m | +41.7% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €175,000 | €338,707 | +€163,707 | +93.5% |
| Furniture and vehicles | 24 | - | €163,707 | +€163,707 | |
| Other tangible fixed assets | 26 | €175,000 | €175,000 | = | 0.0% |
| Financial fixed assets | 28 | €17,748,174 | €25,066,075 | +€7.3m | +41.2% |
| Affiliated companies | 280/1 | €17,748,174 | €22,810,174 | +€5.1m | +28.5% |
| Participating interests | 280 | €17,748,174 | €22,810,174 | +€5.1m | +28.5% |
| Other financial fixed assets | 284/8 | - | €2,255,901 | +€2.3m | |
| Amounts receivable and cash guarantees | 285/8 | - | €2,255,901 | +€2.3m | |
| Current assets | 29/58 | €57,018,347 | €56,961,638 | -€56,709 | -0.1% |
| Amounts receivable within one year | 40/41 | €42,487,460 | €50,401,405 | +€7.9m | +18.6% |
| Trade receivables | 40 | €3,516,291 | €3,389,473 | -€126,817 | -3.6% |
| Other amounts receivable | 41 | €38,971,169 | €47,011,932 | +€8.0m | +20.6% |
| Current investments | 50/53 | €11,723,882 | - | -€11.7m | |
| Other investments | 51/53 | €11,723,882 | - | -€11.7m | |
| Cash at bank and in hand | 54/58 | €2,771,407 | €6,555,864 | +€3.8m | +137% |
| Deferred charges and accrued income | 490/1 | €35,597 | €4,368 | -€31,229 | -87.7% |
| Total equity and liabilities | 10/49 | €74,941,522 | €82,366,421 | +€7.4m | +9.9% |
| Equity | 10/15 | €73,481,230 | €80,791,780 | +€7.3m | +9.9% |
| Contributions | 10/11 | €44,688,581 | €44,688,581 | = | 0.0% |
| Capital | 10 | €43,325,846 | €43,325,846 | = | 0.0% |
| Issued capital | 100 | €43,325,846 | €43,325,846 | = | 0.0% |
| Contributions outside capital | 11 | €1,362,734 | €1,362,734 | = | 0.0% |
| Share premium | 1100/10 | €1,362,734 | €1,362,734 | = | 0.0% |
| Reserves | 13 | €4,332,648 | €4,332,648 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,332,585 | €4,332,585 | = | 0.0% |
| Legal reserve | 130 | €4,332,585 | €4,332,585 | = | 0.0% |
| Distributable reserves | 133 | €64 | €64 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,460,001 | €31,770,551 | +€7.3m | +29.9% |
| Amounts payable | 17/49 | €1,460,292 | €1,574,642 | +€114,350 | +7.8% |
| Amounts payable within one year | 42/48 | €1,460,292 | €1,574,642 | +€114,350 | +7.8% |
| Trade debts | 44 | €1,116,003 | €1,134,366 | +€18,363 | +1.6% |
| Suppliers | 440/4 | €1,116,003 | €442 | -€1.1m | -100.0% |
| Bills of exchange payable | 441 | - | €1,133,924 | +€1.1m | |
| Taxes, remuneration and social security | 45 | €106,515 | €202,501 | +€95,986 | +90.1% |
| Taxes | 450/3 | €100,742 | €202,501 | +€101,759 | +101% |
| Remuneration and social security | 454/9 | €5,773 | - | -€5,773 | |
| Other amounts payable | 47/48 | €237,775 | €237,775 | = | 0.0% |
| Operating income | 70/76A | €796,070 | €952,974 | +€156,904 | +19.7% |
| Other operating income | 74 | €793,542 | €952,974 | +€159,432 | +20.1% |
| Non-recurring operating income | 76A | €2,528 | - | -€2,528 | |
| Operating charges | 60/66A | €850,804 | €810,611 | -€40,192 | -4.7% |
| Services and other goods | 61 | €811,433 | €787,396 | -€24,037 | -3.0% |
| Remuneration, social security and pensions | 62 | €32,485 | €3,304 | -€29,181 | -89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €18,912 | +€18,912 | |
| Other operating charges | 640/8 | €6,885 | €998 | -€5,887 | -85.5% |
| Operating profit (loss) | 9901 | -€54,733 | €142,363 | +€197,096 | |
| Financial income | 75/76B | €3,184,118 | €7,182,293 | +€4.0m | +126% |
| Recurring financial income | 75 | €3,184,118 | €7,182,293 | +€4.0m | +126% |
| Income from financial fixed assets | 750 | €1,041,633 | €6,957,142 | +€5.9m | +568% |
| Income from current assets | 751 | €365,685 | €139,551 | -€226,134 | -61.8% |
| Other financial income | 752/9 | €1,776,800 | €85,600 | -€1.7m | -95.2% |
| Financial charges | 65/66B | €1,906 | €566 | -€1,341 | -70.3% |
| Recurring financial charges | 65 | €1,906 | €566 | -€1,341 | -70.3% |
| Debt charges | 650 | €326 | - | -€326 | |
| Other financial charges | 652/9 | €1,580 | €566 | -€1,015 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | €3,127,479 | €7,324,090 | +€4.2m | +134% |
| Income taxes | 67/77 | €43,870 | €13,540 | -€30,330 | -69.1% |
| Taxes | 670/3 | €43,870 | €13,540 | -€30,330 | -69.1% |
| Profit (loss) for the period | 9904 | €3,083,609 | €7,310,550 | +€4.2m | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €3,083,609 | €7,310,550 | +€4.2m | +137% |
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 23 October 2026 via checked.be.