DEGRACO: 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.
DEGRACO
Largest movements
- Receivables within one year +€24,612
up €24,612 (+198.0%), from €12,431 to €37,043
of which Other amounts receivable: +€30,662
- Cash +€2,106
up €2,106 (+101.0%), from €2,085 to €4,190
mainly Net result for the year (+€25,388) and Tax, wage and social debts (+€2,494)
- Deferred charges and accrued income +€1,596
up €1,596 (+78.1%), from €2,043 to €3,639
- Reserves +€12,741
up €12,741, from €0 to €12,741
- Profit (loss) carried forward +€12,647
up €12,647, from -€12,647 to €0
- Tax, wage and social debts +€2,494
up €2,494 (+16.1%), from €15,470 to €17,964
of which Taxes: +€2,494
- Gross operating margin +€41,073
up €41,073, from -€7,816 to €33,257
- Other operating charges -€4,172
down €4,172 (-56.8%), from €7,341 to €3,169
- Taxes +€2,653
up €2,653 (+1058.6%), from €251 to €2,903
- Financial income +€608
up €608 (+1679.4%), from €36 to €644
- Financial charges -€525
down €525 (-18.3%), from €2,862 to €2,337
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,814 | €45,024 | +€28,209 | +167.8% |
| Fixed assets | 21/28 | €256 | €152 | -€104 | -40.7% |
| Tangible fixed assets | 22/27 | €256 | €152 | -€104 | -40.7% |
| Furniture and vehicles | 24 | €256 | €152 | -€104 | -40.7% |
| Current assets | 29/58 | €16,559 | €44,872 | +€28,313 | +171.0% |
| Amounts receivable within one year | 40/41 | €12,431 | €37,043 | +€24,612 | +198.0% |
| Trade receivables | 40 | €11,812 | €5,762 | -€6,050 | -51.2% |
| Other amounts receivable | 41 | €619 | €31,280 | +€30,662 | +4956.7% |
| Cash at bank and in hand | 54/58 | €2,085 | €4,190 | +€2,106 | +101.0% |
| Deferred charges and accrued income | 490/1 | €2,043 | €3,639 | +€1,596 | +78.1% |
| Total equity and liabilities | 10/49 | €16,814 | €45,024 | +€28,209 | +167.8% |
| Equity | 10/15 | -€11,647 | €13,741 | +€25,388 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €0 | €12,741 | +€12,741 | |
| Distributable reserves | 133 | €0 | €12,741 | +€12,741 | |
| Profit (loss) carried forward | 14 | -€12,647 | €0 | +€12,647 | |
| Amounts payable | 17/49 | €28,462 | €31,283 | +€2,821 | +9.9% |
| Amounts payable within one year | 42/48 | €28,462 | €31,182 | +€2,720 | +9.6% |
| Trade debts | 44 | €2,992 | €3,218 | +€226 | +7.6% |
| Suppliers | 440/4 | €2,992 | €3,218 | +€226 | +7.6% |
| Taxes, remuneration and social security | 45 | €15,470 | €17,964 | +€2,494 | +16.1% |
| Taxes | 450/3 | €15,470 | €17,964 | +€2,494 | +16.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €101 | +€101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €104 | -€386 | -78.8% |
| Other operating charges | 640/8 | €7,341 | €3,169 | -€4,172 | -56.8% |
| Gross operating margin | 9900 | -€7,816 | €33,257 | +€41,073 | |
| Operating profit (loss) | 9901 | -€15,648 | €29,985 | +€45,632 | |
| Financial income | 75/76B | €36 | €644 | +€608 | +1679.4% |
| Recurring financial income | 75 | €36 | €644 | +€608 | +1679.4% |
| Financial charges | 65/66B | €2,862 | €2,337 | -€525 | -18.3% |
| Recurring financial charges | 65 | €2,862 | €2,337 | -€525 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,473 | €28,292 | +€46,765 | |
| Income taxes | 67/77 | €251 | €2,903 | +€2,653 | +1058.6% |
| Profit (loss) for the period | 9904 | -€18,724 | €25,388 | +€44,112 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,724 | €25,388 | +€44,112 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.