Degila: 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.
What changed
Degila
NACE 68.110, Buying and selling of own real estate
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · -€1.8m+€4.0m
Equity
€24.7m
2024 · €23.0m+€1.7m
Cash
€413,965
2024 · €176,726+€237,239
Balance sheet total
€36.0m
2024 · €34.8m+€1.3m
Largest movements
Assets
- Financial fixed assets +€875,707
up €875,707 (+24.7%), from €3.5m to €4.4m
of which Affiliated companies: +€875,707
- Receivables within one year +€576,237
up €576,237 (+24.7%), from €2.3m to €2.9m
of which Other amounts receivable: +€583,436
- Tangible fixed assets -€475,996
down €475,996 (-1.8%), from €25.9m to €25.4m
of which Land and buildings: -€472,773
Equity and liabilities
- Reserves +€1.7m
up €1.7m (+8.8%), from €19.2m to €20.9m
of which Distributable reserves: +€1.8m
- Debts after one year -€831,802
down €831,802 (-9.2%), from €9.1m to €8.3m
of which Financial debts: -€831,743
- Other debts +€443,005
up €443,005 (+798.3%), from €55,495 to €498,500
Income statement
- Financial charges -€1.8m
down €1.8m (-83.9%), from €2.2m to €350,152
of which Non-recurring financial charges: -€1.8m
- Write-downs -€1.3m
down €1.3m, from €1.3m to -€19,626
- Financial income +€876,146
up €876,146 (+394.0%), from €222,379 to €1.1m
- Taxes +€298,002
up €298,002 (+46369.4%), from €643 to €298,645
of which Taxes: +€297,971
- Depreciation -€151,427
down €151,427 (-20.6%), from €735,634 to €584,207
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.
Result 2024
-€1.8m
Turnover
+€103,699
Other operating income
+€83,265
Services and other goods
-€99,613
Staff costs
+€36,193
Depreciation
+€151,427
Write-downs
+€1.3m
Provisions
-€55,000
Other operating charges
-€904
Other operating items
-€4,098
Financial income
+€876,146
Financial charges
+€1.8m
Taxes
-€298,002
Result 2025
€2.2m
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.
From operations
+€2.5m
Investment
-€761,849
Financing
-€1.5m
Cash 2024
€176,726
From operations (derived)
+€2.5m
Net result for the year
+€2.2m
Depreciation
+€584,207
Receivables after one year
-€229,413
Receivables within one year
-€576,237
Deferred charges and accrued income
-€59,117
Provisions
-€181,274
Trade debts
+€370
Tax, wage and social debts
+€256,791
Other debts
+€443,005
Accrued charges and deferred income
+€18,297
Investment (derived)
-€761,849
Investment in fixed assets (net)
-€983,814
Current investments
+€221,965
Financing
-€1.5m
Debts after one year
-€831,802
Current portion of long-term debt
-€29,746
Short-term financial debts
-€89,842
Contributions, distributions and other
-€500,000
Cash 2025
€413,965
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,766,816 | €36,046,465 | +€1.3m | +3.7% |
| Fixed assets | 21/28 | €29,441,574 | €29,841,181 | +€399,606 | +1.4% |
| Intangible fixed assets | 21 | €941 | €836 | -€105 | -11.1% |
| Tangible fixed assets | 22/27 | €25,894,757 | €25,418,761 | -€475,996 | -1.8% |
| Land and buildings | 22 | €25,873,602 | €25,400,830 | -€472,773 | -1.8% |
| Plant, machinery and equipment | 23 | €20,970 | €17,931 | -€3,039 | -14.5% |
| Furniture and vehicles | 24 | €185 | - | -€185 | |
| Financial fixed assets | 28 | €3,545,877 | €4,421,584 | +€875,707 | +24.7% |
| Affiliated companies | 280/1 | €3,346,267 | €4,221,974 | +€875,707 | +26.2% |
| Participating interests | 280 | €3,346,267 | €4,221,974 | +€875,707 | +26.2% |
| Other financial fixed assets | 284/8 | €199,610 | €199,610 | = | 0.0% |
| Shares | 284 | €199,200 | €199,200 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €410 | €410 | = | 0.0% |
| Current assets | 29/58 | €5,325,241 | €6,205,284 | +€880,043 | +16.5% |
| Amounts receivable after more than one year | 29 | €260,587 | €490,000 | +€229,413 | +88.0% |
| Other amounts receivable | 291 | €260,587 | €490,000 | +€229,413 | +88.0% |
| Amounts receivable within one year | 40/41 | €2,335,574 | €2,911,812 | +€576,237 | +24.7% |
| Trade receivables | 40 | €176,155 | €168,957 | -€7,198 | -4.1% |
| Other amounts receivable | 41 | €2,159,419 | €2,742,855 | +€583,436 | +27.0% |
| Current investments | 50/53 | €2,418,005 | €2,196,041 | -€221,965 | -9.2% |
| Other investments | 51/53 | €2,418,005 | €2,196,041 | -€221,965 | -9.2% |
| Cash at bank and in hand | 54/58 | €176,726 | €413,965 | +€237,239 | +134.2% |
| Deferred charges and accrued income | 490/1 | €134,350 | €193,467 | +€59,117 | +44.0% |
| Total equity and liabilities | 10/49 | €34,766,816 | €36,046,465 | +€1.3m | +3.7% |
| Equity | 10/15 | €22,983,875 | €24,677,726 | +€1.7m | +7.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €3,650,505 | €3,650,505 | = | 0.0% |
| Reserves | 13 | €19,232,334 | €20,925,061 | +€1.7m | +8.8% |
| Tax-exempt reserves | 132 | €1,495,757 | €1,437,084 | -€58,673 | -3.9% |
| Distributable reserves | 133 | €17,736,577 | €19,487,977 | +€1.8m | +9.9% |
| Profit (loss) carried forward | 14 | €1,036 | €2,161 | +€1,124 | +108.5% |
| Provisions and deferred taxes | 16 | €487,873 | €306,598 | -€181,274 | -37.2% |
| Provisions for liabilities and charges | 160/5 | €160,587 | - | -€160,587 | |
| Other liabilities and charges | 164/5 | €160,587 | - | -€160,587 | |
| Deferred taxes | 168 | €327,286 | €306,598 | -€20,687 | -6.3% |
| Amounts payable | 17/49 | €11,295,069 | €11,062,141 | -€232,928 | -2.1% |
| Amounts payable after more than one year | 17 | €9,084,582 | €8,252,779 | -€831,802 | -9.2% |
| Financial debts | 170/4 | €9,084,522 | €8,252,779 | -€831,743 | -9.2% |
| Credit institutions | 173 | €9,066,007 | €8,252,779 | -€813,227 | -9.0% |
| Other loans | 174 | €18,516 | - | -€18,516 | |
| Other amounts payable | 178/9 | €60 | - | -€60 | |
| Amounts payable within one year | 42/48 | €1,892,967 | €2,473,545 | +€580,578 | +30.7% |
| Current portion of amounts payable after more than one year | 42 | €842,973 | €813,227 | -€29,746 | -3.5% |
| Financial debts | 43 | €874,658 | €784,816 | -€89,842 | -10.3% |
| Credit institutions | 430/8 | €874,658 | €784,816 | -€89,842 | -10.3% |
| Trade debts | 44 | €79,409 | €79,779 | +€370 | +0.5% |
| Suppliers | 440/4 | €79,409 | €79,779 | +€370 | +0.5% |
| Taxes, remuneration and social security | 45 | €40,432 | €297,223 | +€256,791 | +635.1% |
| Taxes | 450/3 | €25,768 | €286,739 | +€260,971 | +1012.8% |
| Remuneration and social security | 454/9 | €14,663 | €10,484 | -€4,180 | -28.5% |
| Other amounts payable | 47/48 | €55,495 | €498,500 | +€443,005 | +798.3% |
| Accrued charges and deferred income | 492/3 | €317,520 | €335,816 | +€18,297 | +5.8% |
| Operating income | 70/76A | €2,764,418 | €2,947,284 | +€182,866 | +6.6% |
| Turnover | 70 | €2,489,176 | €2,592,875 | +€103,699 | +4.2% |
| Other operating income | 74 | €271,045 | €354,310 | +€83,265 | +30.7% |
| Non-recurring operating income | 76A | €4,198 | €100 | -€4,098 | -97.6% |
| Operating charges | 60/66A | €2,590,100 | €1,223,848 | -€1.4m | -52.7% |
| Services and other goods | 61 | €287,918 | €387,531 | +€99,613 | +34.6% |
| Remuneration, social security and pensions | 62 | €83,577 | €47,384 | -€36,193 | -43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €735,634 | €584,207 | -€151,427 | -20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,314,523 | -€19,626 | -€1.3m | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€55,000 | - | +€55,000 | |
| Other operating charges | 640/8 | €223,447 | €224,351 | +€904 | +0.4% |
| Operating profit (loss) | 9901 | €174,318 | €1,723,436 | +€1.5m | +888.7% |
| Financial income | 75/76B | €222,379 | €1,098,525 | +€876,146 | +394.0% |
| Recurring financial income | 75 | €222,379 | €1,098,525 | +€876,146 | +394.0% |
| Income from current assets | 751 | €210,518 | €140,404 | -€70,115 | -33.3% |
| Other financial income | 752/9 | €11,861 | €958,121 | +€946,260 | +7978.1% |
| Financial charges | 65/66B | €2,177,988 | €350,152 | -€1.8m | -83.9% |
| Recurring financial charges | 65 | €258,277 | €249,187 | -€9,090 | -3.5% |
| Debt charges | 650 | €239,138 | €237,051 | -€2,087 | -0.9% |
| Other financial charges | 652/9 | €19,139 | €12,136 | -€7,003 | -36.6% |
| Non-recurring financial charges | 66B | €1,919,711 | €100,965 | -€1.8m | -94.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,781,291 | €2,471,809 | +€4.3m | |
| Transfer from deferred taxes | 780 | €20,687 | €20,687 | = | 0.0% |
| Income taxes | 67/77 | €643 | €298,645 | +€298,002 | +46369.4% |
| Taxes | 670/3 | €674 | €298,645 | +€297,971 | +44195.5% |
| Tax adjustments and reversals of tax provisions | 77 | €32 | - | -€32 | |
| Profit (loss) for the period | 9904 | -€1,761,246 | €2,193,851 | +€4.0m | |
| Transfer from tax-exempt reserves | 789 | €58,673 | €58,673 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,702,573 | €2,252,524 | +€4.0m |
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 12 October 2026 via checked.be.