DEGE Management: 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.
DEGE Management
Largest movements
- Cash +€9,506
up €9,506 (+163%), from €5,841 to €15,347
mainly Depreciation (+€41,900) and Net result for the year (+€21,249)
- Tangible fixed assets +€3,501
up €3,501 (+1.4%), from €243,419 to €246,920
of which Furniture and vehicles: +€35,405
- Profit (loss) carried forward +€21,249
up €21,249 (+14.0%), from -€152,044 to -€130,795
- Other debts -€15,684
down €15,684 (-21.4%), from €73,268 to €57,584
- Current portion of long-term debt +€7,084
up €7,084 (+25.4%), from €27,930 to €35,015
- Trade debts -€2,947
down €2,947 (-22.7%), from €12,986 to €10,039
- Accrued charges and deferred income +€2,700
new in 2024: €2,700
- Gross operating margin +€46,232
up €46,232 (+156%), from €29,702 to €75,934
- Depreciation +€6,128
up €6,128 (+17.1%), from €35,772 to €41,900
- Financial charges +€1,887
up €1,887 (+24.6%), from €7,663 to €9,550
- Other operating charges +€1,258
up €1,258 (+109%), from €1,154 to €2,412
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,836 | €267,761 | +€13,925 | +5.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €243,419 | €246,920 | +€3,501 | +1.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €243,419 | €246,920 | +€3,501 | +1.4% |
| Land and buildings | 22 | €243,419 | €211,515 | -€31,904 | -13.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €35,405 | +€35,405 | |
| Current assets | 29/58 | €10,417 | €20,841 | +€10,424 | +100% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,841 | €15,347 | +€9,506 | +163% |
| Deferred charges and accrued income | 490/1 | €1,576 | €2,494 | +€918 | +58.2% |
| Total equity and liabilities | 10/49 | €253,836 | €267,761 | +€13,925 | +5.5% |
| Equity | 10/15 | -€90,044 | -€68,795 | +€21,249 | +23.6% |
| 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% |
| Profit (loss) carried forward | 14 | -€152,044 | -€130,795 | +€21,249 | +14.0% |
| Amounts payable | 17/49 | €343,880 | €336,556 | -€7,324 | -2.1% |
| Amounts payable after more than one year | 17 | €228,890 | €229,468 | +€578 | +0.3% |
| Financial debts | 170/4 | €227,790 | €223,468 | -€4,322 | -1.9% |
| Other amounts payable | 178/9 | €1,100 | €6,000 | +€4,900 | +445% |
| Amounts payable within one year | 42/48 | €114,991 | €104,389 | -€10,602 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €27,930 | €35,015 | +€7,084 | +25.4% |
| Trade debts | 44 | €12,986 | €10,039 | -€2,947 | -22.7% |
| Suppliers | 440/4 | €12,986 | €10,039 | -€2,947 | -22.7% |
| Taxes, remuneration and social security | 45 | €806 | €1,751 | +€945 | +117% |
| Taxes | 450/3 | €806 | €1,751 | +€945 | +117% |
| Other amounts payable | 47/48 | €73,268 | €57,584 | -€15,684 | -21.4% |
| Accrued charges and deferred income | 492/3 | - | €2,700 | +€2,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,772 | €41,900 | +€6,128 | +17.1% |
| Other operating charges | 640/8 | €1,154 | €2,412 | +€1,258 | +109% |
| Gross operating margin | 9900 | €29,702 | €75,934 | +€46,232 | +156% |
| Operating profit (loss) | 9901 | -€7,224 | €31,622 | +€38,846 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,663 | €9,550 | +€1,887 | +24.6% |
| Recurring financial charges | 65 | €7,663 | €9,550 | +€1,887 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,887 | €22,072 | +€36,959 | |
| Income taxes | 67/77 | €414 | €823 | +€408 | +98.6% |
| Profit (loss) for the period | 9904 | -€15,301 | €21,249 | +€36,551 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,301 | €21,249 | +€36,551 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.