DEGIMO: 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.
What changed
DEGIMO
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€13,855
2024 · €320,588-€306,734
Equity
€692,053
2024 · €678,198+€13,855
Cash
€47,449
2024 · €301,574-€254,125
Balance sheet total
€1.1m
2024 · €1.1m+€77,945
Largest movements
Assets
- Tangible fixed assets +€331,583
up €331,583 (+50.9%), from €651,728 to €983,311
of which Land and buildings: +€330,116
- Cash -€254,125
down €254,125 (-84.3%), from €301,574 to €47,449
mainly Investment in fixed assets (net) (-€371,600) and Other debts (-€13,446)
Equity and liabilities
- Debts after one year +€58,164
up €58,164 (+30.0%), from €193,669 to €251,833
- Profit (loss) carried forward +€18,932
up €18,932 (+4.7%), from €400,991 to €419,923
- Other debts -€13,446
down €13,446 (-15.3%), from €88,023 to €74,577
Income statement
- Gross operating margin -€316,626
down €316,626 (-79.5%), from €398,521 to €81,895
- Taxes -€46,808
down €46,808 (-83.7%), from €55,933 to €9,124
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
€320,588
Gross operating margin
-€316,626
Depreciation
+€2,399
Other operating charges
+€1,987
Financial income
+€1,563
Financial charges
-€2,858
Taxes
+€46,808
Deferred taxes and other
-€40,007
Result 2025
€13,855
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
+€56,748
Investment
-€371,600
Financing
+€60,727
Cash 2024
€301,574
From operations (derived)
+€56,748
Net result for the year
+€13,855
Depreciation
+€39,517
Receivables within one year
+€1,006
Deferred charges and accrued income
-€993
Provisions
-€1,693
Trade debts
+€8,861
Tax, wage and social debts
+€8,110
Other debts
-€13,446
Accrued charges and deferred income
+€1,531
Investment (derived)
-€371,600
Investment in fixed assets (net)
-€371,600
Financing
+€60,727
Debts after one year
+€58,164
Current portion of long-term debt
+€2,563
Cash 2025
€47,449
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,056,180 | €1,134,125 | +€77,945 | +7.4% |
| Fixed assets | 21/28 | €654,208 | €986,290 | +€332,083 | +50.8% |
| Tangible fixed assets | 22/27 | €651,728 | €983,311 | +€331,583 | +50.9% |
| Land and buildings | 22 | €627,638 | €957,754 | +€330,116 | +52.6% |
| Furniture and vehicles | 24 | €17,080 | €5,584 | -€11,496 | -67.3% |
| Other tangible fixed assets | 26 | €7,011 | €19,973 | +€12,962 | +184.9% |
| Financial fixed assets | 28 | €2,480 | €2,980 | +€500 | +20.2% |
| Current assets | 29/58 | €401,972 | €147,834 | -€254,138 | -63.2% |
| Amounts receivable within one year | 40/41 | €100,228 | €99,221 | -€1,006 | -1.0% |
| Trade receivables | 40 | €42,500 | €41,493 | -€1,006 | -2.4% |
| Other amounts receivable | 41 | €57,728 | €57,728 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €301,574 | €47,449 | -€254,125 | -84.3% |
| Deferred charges and accrued income | 490/1 | €171 | €1,164 | +€993 | +582.4% |
| Total equity and liabilities | 10/49 | €1,056,180 | €1,134,125 | +€77,945 | +7.4% |
| Equity | 10/15 | €678,198 | €692,053 | +€13,855 | +2.0% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Capital | 10 | €118,000 | €118,000 | = | 0.0% |
| Issued capital | 100 | €118,000 | €118,000 | = | 0.0% |
| Reserves | 13 | €159,207 | €154,130 | -€5,078 | -3.2% |
| Non-distributable reserves | 130/1 | €11,800 | €11,800 | = | 0.0% |
| Legal reserve | 130 | €11,800 | €11,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €147,407 | €142,330 | -€5,078 | -3.4% |
| Profit (loss) carried forward | 14 | €400,991 | €419,923 | +€18,932 | +4.7% |
| Provisions and deferred taxes | 16 | €49,136 | €47,443 | -€1,693 | -3.4% |
| Deferred taxes | 168 | €49,136 | €47,443 | -€1,693 | -3.4% |
| Amounts payable | 17/49 | €328,846 | €394,629 | +€65,783 | +20.0% |
| Amounts payable after more than one year | 17 | €193,669 | €251,833 | +€58,164 | +30.0% |
| Financial debts | 170/4 | €193,669 | €251,833 | +€58,164 | +30.0% |
| Amounts payable within one year | 42/48 | €135,177 | €141,265 | +€6,088 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €22,715 | €25,278 | +€2,563 | +11.3% |
| Trade debts | 44 | €635 | €9,495 | +€8,861 | +1395.6% |
| Suppliers | 440/4 | €635 | €9,495 | +€8,861 | +1395.6% |
| Taxes, remuneration and social security | 45 | €23,805 | €31,915 | +€8,110 | +34.1% |
| Taxes | 450/3 | €23,805 | €31,915 | +€8,110 | +34.1% |
| Other amounts payable | 47/48 | €88,023 | €74,577 | -€13,446 | -15.3% |
| Accrued charges and deferred income | 492/3 | - | €1,531 | +€1,531 | |
| Non-recurring operating income | 76A | €368,557 | - | -€368,557 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,916 | €39,517 | -€2,399 | -5.7% |
| Other operating charges | 640/8 | €8,939 | €6,952 | -€1,987 | -22.2% |
| Gross operating margin | 9900 | €398,521 | €81,895 | -€316,626 | -79.5% |
| Operating profit (loss) | 9901 | €347,666 | €35,426 | -€312,240 | -89.8% |
| Financial income | 75/76B | €0 | €1,563 | +€1,563 | +332538.3% |
| Recurring financial income | 75 | €0 | €1,563 | +€1,563 | +332538.3% |
| Financial charges | 65/66B | €12,845 | €15,704 | +€2,858 | +22.3% |
| Recurring financial charges | 65 | €12,845 | €15,704 | +€2,858 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €334,822 | €21,286 | -€313,536 | -93.6% |
| Transfer from deferred taxes | 780 | €41,699 | €1,693 | -€40,007 | -95.9% |
| Income taxes | 67/77 | €55,933 | €9,124 | -€46,808 | -83.7% |
| Profit (loss) for the period | 9904 | €320,588 | €13,855 | -€306,734 | -95.7% |
| Transfer from tax-exempt reserves | 789 | €82,772 | €5,078 | -€77,694 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €403,360 | €18,932 | -€384,428 | -95.3% |
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 7 October 2026 via checked.be.