DEGA: 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.
DEGA
Largest movements
- Receivables after one year -€40,000
down €40,000 (-100%), from €40,000 to €0
- Receivables within one year -€16,005
down €16,005 (-50.8%), from €31,514 to €15,508
of which Other amounts receivable: -€11,960
- Cash -€3,996
down €3,996 (-4.5%), from €89,045 to €85,048
mainly Accrued charges and deferred income (-€50,778) and Contributions, distributions and other (-€40,000)
- Intangible fixed assets -€3,150
down €3,150 (-21.1%), from €14,955 to €11,805
- Tangible fixed assets +€2,604
up €2,604 (+16.4%), from €15,854 to €18,458
of which Land and buildings: +€2,966
- Accrued charges and deferred income -€50,778
down €50,778 (-100%), from €50,778 to €0
- Reserves -€11,029
down €11,029 (-8.7%), from €126,664 to €115,635
of which Distributable reserves: -€11,029
- Tax, wage and social debts +€7,497
up €7,497 (+623%), from €1,204 to €8,701
- Short-term financial debts -€4,131
down €4,131 (-100%), from €4,131 to €0
- Gross operating margin +€22,731
up €22,731 (+73.0%), from €31,140 to €53,871
- Taxes +€6,724
up €6,724 (+79.3%), from €8,477 to €15,201
- Financial income -€1,409
down €1,409 (-45.2%), from €3,120 to €1,711
- Other operating charges -€671
down €671 (-39.2%), from €1,711 to €1,040
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 | €191,789 | €132,373 | -€59,416 | -31.0% |
| Fixed assets | 21/28 | €30,808 | €30,263 | -€545 | -1.8% |
| Intangible fixed assets | 21 | €14,955 | €11,805 | -€3,150 | -21.1% |
| Tangible fixed assets | 22/27 | €15,854 | €18,458 | +€2,604 | +16.4% |
| Land and buildings | 22 | €4,761 | €7,727 | +€2,966 | +62.3% |
| Furniture and vehicles | 24 | €6,106 | €8,129 | +€2,023 | +33.1% |
| Other tangible fixed assets | 26 | €4,987 | €2,602 | -€2,386 | -47.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €160,981 | €102,110 | -€58,870 | -36.6% |
| Amounts receivable after more than one year | 29 | €40,000 | €0 | -€40,000 | -100% |
| Other amounts receivable | 291 | €40,000 | €0 | -€40,000 | -100% |
| Amounts receivable within one year | 40/41 | €31,514 | €15,508 | -€16,005 | -50.8% |
| Trade receivables | 40 | €4,045 | €0 | -€4,045 | -100% |
| Other amounts receivable | 41 | €27,469 | €15,508 | -€11,960 | -43.5% |
| Cash at bank and in hand | 54/58 | €89,045 | €85,048 | -€3,996 | -4.5% |
| Deferred charges and accrued income | 490/1 | €423 | €1,554 | +€1,131 | +268% |
| Total equity and liabilities | 10/49 | €191,789 | €132,373 | -€59,416 | -31.0% |
| Equity | 10/15 | €132,864 | €121,835 | -€11,029 | -8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €126,664 | €115,635 | -€11,029 | -8.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €126,664 | €115,635 | -€11,029 | -8.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,925 | €10,539 | -€48,386 | -82.1% |
| Amounts payable within one year | 42/48 | €8,147 | €10,539 | +€2,391 | +29.4% |
| Financial debts | 43 | €4,131 | €0 | -€4,131 | -100% |
| Credit institutions | 430/8 | €4,131 | €0 | -€4,131 | -100% |
| Trade debts | 44 | €2,812 | €1,837 | -€975 | -34.7% |
| Suppliers | 440/4 | €2,812 | €1,837 | -€975 | -34.7% |
| Taxes, remuneration and social security | 45 | €1,204 | €8,701 | +€7,497 | +623% |
| Taxes | 450/3 | €1,204 | €8,701 | +€7,497 | +623% |
| Accrued charges and deferred income | 492/3 | €50,778 | €0 | -€50,778 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,595 | €9,468 | -€126 | -1.3% |
| Other operating charges | 640/8 | €1,711 | €1,040 | -€671 | -39.2% |
| Non-recurring operating charges | 66A | €1,000 | €0 | -€1,000 | -100% |
| Gross operating margin | 9900 | €31,140 | €53,871 | +€22,731 | +73.0% |
| Operating profit (loss) | 9901 | €18,834 | €43,362 | +€24,528 | +130% |
| Financial income | 75/76B | €3,120 | €1,711 | -€1,409 | -45.2% |
| Recurring financial income | 75 | €3,120 | €1,711 | -€1,409 | -45.2% |
| Financial charges | 65/66B | €1,436 | €902 | -€534 | -37.2% |
| Recurring financial charges | 65 | €1,436 | €902 | -€534 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €20,519 | €44,172 | +€23,653 | +115% |
| Income taxes | 67/77 | €8,477 | €15,201 | +€6,724 | +79.3% |
| Profit (loss) for the period | 9904 | €12,041 | €28,971 | +€16,929 | +141% |
| Profit (loss) for the period to be appropriated | 9905 | €12,041 | €28,971 | +€16,929 | +141% |
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 25 October 2026 via checked.be.