DEGICON: 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.
DEGICON
Largest movements
- Cash -€29,436
down €29,436 (-19.8%), from €148,535 to €119,098
mainly Contributions, distributions and other (-€66,000) and Investment in fixed assets (net) (-€29,268)
- Tangible fixed assets +€5,928
up €5,928 (+2.5%), from €240,185 to €246,113
of which Furniture and vehicles: +€7,702
- Debts after one year -€26,057
down €26,057 (-13.6%), from €191,856 to €165,800
- Trade debts +€5,737
up €5,737 (+143.4%), from €4,000 to €9,737
- Reserves -€4,243
down €4,243 (-2.6%), from €161,713 to €157,470
- Gross operating margin -€38,731
down €38,731 (-26.5%), from €146,278 to €107,547
- Taxes -€7,672
down €7,672 (-31.3%), from €24,492 to €16,820
- Depreciation -€5,319
down €5,319 (-18.6%), from €28,660 to €23,341
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 | €420,576 | €397,777 | -€22,799 | -5.4% |
| Fixed assets | 21/28 | €240,185 | €246,113 | +€5,928 | +2.5% |
| Tangible fixed assets | 22/27 | €240,185 | €246,113 | +€5,928 | +2.5% |
| Land and buildings | 22 | €240,185 | €238,411 | -€1,774 | -0.7% |
| Furniture and vehicles | 24 | - | €7,702 | +€7,702 | |
| Current assets | 29/58 | €180,390 | €151,664 | -€28,726 | -15.9% |
| Amounts receivable within one year | 40/41 | €27,161 | €29,325 | +€2,163 | +8.0% |
| Trade receivables | 40 | €24,654 | €26,145 | +€1,491 | +6.0% |
| Other amounts receivable | 41 | €2,508 | €3,180 | +€672 | +26.8% |
| Cash at bank and in hand | 54/58 | €148,535 | €119,098 | -€29,436 | -19.8% |
| Deferred charges and accrued income | 490/1 | €4,695 | €3,241 | -€1,453 | -31.0% |
| Total equity and liabilities | 10/49 | €420,576 | €397,777 | -€22,799 | -5.4% |
| Equity | 10/15 | €180,313 | €176,070 | -€4,243 | -2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,713 | €157,470 | -€4,243 | -2.6% |
| Distributable reserves | 133 | €161,713 | €157,470 | -€4,243 | -2.6% |
| Amounts payable | 17/49 | €240,262 | €221,707 | -€18,555 | -7.7% |
| Amounts payable after more than one year | 17 | €191,856 | €165,800 | -€26,057 | -13.6% |
| Financial debts | 170/4 | €191,856 | €165,800 | -€26,057 | -13.6% |
| Amounts payable within one year | 42/48 | €48,256 | €55,907 | +€7,651 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €25,736 | €26,057 | +€321 | +1.2% |
| Financial debts | 43 | €1,420 | - | -€1,420 | |
| Credit institutions | 430/8 | €1,420 | - | -€1,420 | |
| Trade debts | 44 | €4,000 | €9,737 | +€5,737 | +143.4% |
| Suppliers | 440/4 | €4,000 | €9,737 | +€5,737 | +143.4% |
| Taxes, remuneration and social security | 45 | €14,446 | €14,094 | -€352 | -2.4% |
| Taxes | 450/3 | €11,343 | €10,906 | -€437 | -3.9% |
| Remuneration and social security | 454/9 | €3,103 | €3,188 | +€85 | +2.7% |
| Other amounts payable | 47/48 | €2,654 | €6,021 | +€3,367 | +126.8% |
| Accrued charges and deferred income | 492/3 | €150 | - | -€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,660 | €23,341 | -€5,319 | -18.6% |
| Other operating charges | 640/8 | €1,721 | €1,656 | -€65 | -3.8% |
| Gross operating margin | 9900 | €146,278 | €107,547 | -€38,731 | -26.5% |
| Operating profit (loss) | 9901 | €115,897 | €82,550 | -€33,347 | -28.8% |
| Financial income | 75/76B | €0 | €62 | +€62 | +308900.0% |
| Recurring financial income | 75 | €0 | €62 | +€62 | +308900.0% |
| Financial charges | 65/66B | €3,789 | €4,035 | +€247 | +6.5% |
| Recurring financial charges | 65 | €3,789 | €4,035 | +€247 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €112,108 | €78,577 | -€33,532 | -29.9% |
| Income taxes | 67/77 | €24,492 | €16,820 | -€7,672 | -31.3% |
| Profit (loss) for the period | 9904 | €87,616 | €61,757 | -€25,859 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,616 | €61,757 | -€25,859 | -29.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.