Degemat: 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.
Degemat
Largest movements
- Cash +€61,349
up €61,349 (+69.7%), from €87,996 to €149,345
mainly Net result for the year (+€56,019) and Depreciation (+€9,109)
- Tangible fixed assets -€9,109
down €9,109 (-29.8%), from €30,551 to €21,442
of which Furniture and vehicles: -€7,955
- Reserves +€56,019
up €56,019 (+30.9%), from €181,372 to €237,391
of which Distributable reserves: +€56,019
- Other debts -€3,414
down €3,414 (-22.4%), from €15,255 to €11,841
- Gross operating margin -€21,137
down €21,137 (-20.1%), from €105,402 to €84,265
- Taxes -€5,108
down €5,108 (-21.6%), from €23,618 to €18,510
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 | €210,906 | €261,562 | +€50,656 | +24.0% |
| Fixed assets | 21/28 | €31,971 | €22,862 | -€9,109 | -28.5% |
| Tangible fixed assets | 22/27 | €30,551 | €21,442 | -€9,109 | -29.8% |
| Land and buildings | 22 | €2,746 | €2,036 | -€710 | -25.9% |
| Plant, machinery and equipment | 23 | €1,805 | €1,361 | -€444 | -24.6% |
| Furniture and vehicles | 24 | €26,000 | €18,045 | -€7,955 | -30.6% |
| Financial fixed assets | 28 | €1,420 | €1,420 | = | 0.0% |
| Current assets | 29/58 | €178,935 | €238,700 | +€59,765 | +33.4% |
| Amounts receivable within one year | 40/41 | €90,503 | €88,920 | -€1,583 | -1.7% |
| Trade receivables | 40 | €43,003 | €39,930 | -€3,073 | -7.1% |
| Other amounts receivable | 41 | €47,500 | €48,990 | +€1,490 | +3.1% |
| Cash at bank and in hand | 54/58 | €87,996 | €149,345 | +€61,349 | +69.7% |
| Deferred charges and accrued income | 490/1 | €436 | €435 | -€1 | -0.2% |
| Total equity and liabilities | 10/49 | €210,906 | €261,562 | +€50,656 | +24.0% |
| Equity | 10/15 | €186,372 | €242,391 | +€56,019 | +30.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €181,372 | €237,391 | +€56,019 | +30.9% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €180,872 | €236,891 | +€56,019 | +31.0% |
| Amounts payable | 17/49 | €24,534 | €19,171 | -€5,363 | -21.9% |
| Amounts payable within one year | 42/48 | €24,534 | €19,171 | -€5,363 | -21.9% |
| Trade debts | 44 | €2,909 | €455 | -€2,454 | -84.4% |
| Suppliers | 440/4 | €2,909 | €455 | -€2,454 | -84.4% |
| Taxes, remuneration and social security | 45 | €6,370 | €6,875 | +€505 | +7.9% |
| Taxes | 450/3 | €5,560 | €6,875 | +€1,315 | +23.7% |
| Remuneration and social security | 454/9 | €810 | - | -€810 | |
| Other amounts payable | 47/48 | €15,255 | €11,841 | -€3,414 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,474 | €9,109 | -€365 | -3.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €40 | +€40 | |
| Other operating charges | 640/8 | €668 | €687 | +€19 | +2.8% |
| Gross operating margin | 9900 | €105,402 | €84,265 | -€21,137 | -20.1% |
| Operating profit (loss) | 9901 | €95,260 | €74,429 | -€20,831 | -21.9% |
| Financial income | 75/76B | €3 | €100 | +€97 | +3233.3% |
| Recurring financial income | 75 | €3 | €100 | +€97 | +3233.3% |
| Financial charges | 65/66B | €39 | - | -€39 | |
| Recurring financial charges | 65 | €39 | - | -€39 | |
| Profit (loss) for the period before taxes | 9903 | €95,224 | €74,529 | -€20,695 | -21.7% |
| Income taxes | 67/77 | €23,618 | €18,510 | -€5,108 | -21.6% |
| Profit (loss) for the period | 9904 | €71,606 | €56,019 | -€15,587 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,606 | €56,019 | -€15,587 | -21.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.