DEGEMATT: 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.
DEGEMATT
Largest movements
- Cash +€191,135
up €191,135 (+31.9%), from €598,731 to €789,866
mainly Net result for the year (+€187,474) and Deferred charges and accrued income (+€4,504)
- Reserves +€187,474
up €187,474 (+30.5%), from €614,222 to €801,696
- Gross operating margin +€28,002
up €28,002 (+12.6%), from €222,051 to €250,052
- Taxes +€6,826
up €6,826 (+13.5%), from €50,484 to €57,310
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 | €649,392 | €836,380 | +€186,988 | +28.8% |
| Fixed assets | 21/28 | €2,964 | €4,466 | +€1,502 | +50.7% |
| Tangible fixed assets | 22/27 | €2,964 | €4,466 | +€1,502 | +50.7% |
| Plant, machinery and equipment | 23 | €434 | €226 | -€209 | -48.0% |
| Furniture and vehicles | 24 | €2,530 | €4,241 | +€1,711 | +67.6% |
| Current assets | 29/58 | €646,428 | €831,914 | +€185,486 | +28.7% |
| Amounts receivable within one year | 40/41 | €31,072 | €29,927 | -€1,145 | -3.7% |
| Trade receivables | 40 | €31,072 | €29,927 | -€1,145 | -3.7% |
| Cash at bank and in hand | 54/58 | €598,731 | €789,866 | +€191,135 | +31.9% |
| Deferred charges and accrued income | 490/1 | €16,625 | €12,121 | -€4,504 | -27.1% |
| Total equity and liabilities | 10/49 | €649,392 | €836,380 | +€186,988 | +28.8% |
| Equity | 10/15 | €629,222 | €816,696 | +€187,474 | +29.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €614,222 | €801,696 | +€187,474 | +30.5% |
| Distributable reserves | 133 | €614,222 | €801,696 | +€187,474 | +30.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,171 | €19,685 | -€486 | -2.4% |
| Amounts payable within one year | 42/48 | €20,171 | €19,685 | -€486 | -2.4% |
| Trade debts | 44 | €538 | €1,007 | +€469 | +87.1% |
| Suppliers | 440/4 | €538 | €1,007 | +€469 | +87.1% |
| Taxes, remuneration and social security | 45 | €16,055 | €15,902 | -€152 | -0.9% |
| Taxes | 450/3 | €16,055 | €15,902 | -€152 | -0.9% |
| Other amounts payable | 47/48 | €3,578 | €2,776 | -€802 | -22.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879 | €1,446 | +€567 | +64.5% |
| Other operating charges | 640/8 | €809 | €1,422 | +€613 | +75.7% |
| Gross operating margin | 9900 | €222,051 | €250,052 | +€28,002 | +12.6% |
| Operating profit (loss) | 9901 | €220,363 | €247,185 | +€26,822 | +12.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €3,140 | €2,401 | -€739 | -23.5% |
| Recurring financial charges | 65 | €3,140 | €2,401 | -€739 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €217,223 | €244,784 | +€27,561 | +12.7% |
| Income taxes | 67/77 | €50,484 | €57,310 | +€6,826 | +13.5% |
| Profit (loss) for the period | 9904 | €166,739 | €187,474 | +€20,735 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €166,739 | €187,474 | +€20,735 | +12.4% |
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.