DEGO: 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.
DEGO
Largest movements
- Tangible fixed assets -€21,567
down €21,567 (-1.5%), from €1.4m to €1.4m
- Current portion of long-term debt -€36,600
no longer reported in 2025 (was €36,600)
- Debts after one year +€19,600
up €19,600 (+3.1%), from €625,400 to €645,000
- Accrued charges and deferred income +€14,750
up €14,750 (+585.5%), from €2,519 to €17,269
- Financial charges -€7,833
down €7,833 (-31.1%), from €25,147 to €17,314
- Turnover -€4,951
down €4,951 (-5.6%), from €88,956 to €84,005
- Purchases and services -€3,348
down €3,348 (-19.0%), from €17,647 to €14,299
- Depreciation -€2,733
down €2,733 (-4.7%), from €58,409 to €55,676
- Gross operating margin -€1,603
down €1,603 (-2.2%), from €71,309 to €69,706
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 | €1,442,636 | €1,417,435 | -€25,201 | -1.7% |
| Fixed assets | 21/28 | €1,437,971 | €1,416,404 | -€21,567 | -1.5% |
| Tangible fixed assets | 22/27 | €1,437,971 | €1,416,404 | -€21,567 | -1.5% |
| Land and buildings | 22 | €1,437,971 | €1,416,404 | -€21,567 | -1.5% |
| Current assets | 29/58 | €4,665 | €1,031 | -€3,634 | -77.9% |
| Amounts receivable within one year | 40/41 | €3,088 | €35 | -€3,053 | -98.9% |
| Trade receivables | 40 | €3,088 | €35 | -€3,053 | -98.9% |
| Cash at bank and in hand | 54/58 | €1,577 | €996 | -€581 | -36.8% |
| Total equity and liabilities | 10/49 | €1,442,636 | €1,417,435 | -€25,201 | -1.7% |
| Equity | 10/15 | €761,408 | €751,198 | -€10,210 | -1.3% |
| Contributions | 10/11 | €473,477 | €473,477 | = | 0.0% |
| Reserves | 13 | €224,696 | €218,031 | -€6,665 | -3.0% |
| Tax-exempt reserves | 132 | €202,175 | €195,510 | -€6,665 | -3.3% |
| Distributable reserves | 133 | €22,521 | €22,521 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,235 | €59,690 | -€3,545 | -5.6% |
| Amounts payable | 17/49 | €681,228 | €666,237 | -€14,991 | -2.2% |
| Amounts payable after more than one year | 17 | €625,400 | €645,000 | +€19,600 | +3.1% |
| Financial debts | 170/4 | €625,400 | €645,000 | +€19,600 | +3.1% |
| Amounts payable within one year | 42/48 | €53,309 | €3,968 | -€49,341 | -92.6% |
| Current portion of amounts payable after more than one year | 42 | €36,600 | - | -€36,600 | |
| Trade debts | 44 | €14,557 | €1,865 | -€12,692 | -87.2% |
| Suppliers | 440/4 | €14,557 | €1,865 | -€12,692 | -87.2% |
| Other amounts payable | 47/48 | €2,152 | €2,103 | -€49 | -2.3% |
| Accrued charges and deferred income | 492/3 | €2,519 | €17,269 | +€14,750 | +585.5% |
| Turnover | 70 | €88,956 | €84,005 | -€4,951 | -5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,647 | €14,299 | -€3,348 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,409 | €55,676 | -€2,733 | -4.7% |
| Other operating charges | 640/8 | €8,198 | €7,624 | -€574 | -7.0% |
| Gross operating margin | 9900 | €71,309 | €69,706 | -€1,603 | -2.2% |
| Operating profit (loss) | 9901 | €4,702 | €6,406 | +€1,704 | +36.2% |
| Financial income | 75/76B | €56 | €698 | +€642 | +1146.4% |
| Recurring financial income | 75 | €56 | €698 | +€642 | +1146.4% |
| Financial charges | 65/66B | €25,147 | €17,314 | -€7,833 | -31.1% |
| Recurring financial charges | 65 | €25,147 | €17,314 | -€7,833 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,389 | -€10,210 | +€10,179 | +49.9% |
| Profit (loss) for the period | 9904 | -€20,389 | -€10,210 | +€10,179 | +49.9% |
| Transfer from tax-exempt reserves | 789 | €6,665 | €6,665 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,724 | -€3,545 | +€10,179 | +74.2% |
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 30 September 2026 via checked.be.