DEGRO: 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.
DEGRO
Largest movements
- Receivables within one year -€15,351
down €15,351 (-57.7%), from €26,620 to €11,269
of which Trade receivables: -€16,295
- Tangible fixed assets -€13,162
down €13,162 (-9.4%), from €140,399 to €127,237
of which Land and buildings: -€12,890
- Cash -€7,916
down €7,916 (-9.9%), from €79,576 to €71,660
mainly Net result for the year (-€25,971) and Other debts (-€24,377)
- Stocks and contracts -€6,000
down €6,000 (-25.5%), from €23,501 to €17,501
- Profit (loss) carried forward -€25,971
down €25,971 (-38.1%), from -€68,141 to -€94,112
- Other debts -€24,377
down €24,377 (-11.7%), from €207,754 to €183,377
- Accrued charges and deferred income +€7,923
up €7,923 (+392%), from €2,020 to €9,943
- Gross operating margin -€34,503
down €34,503, from €27,111 to -€7,393
- Other operating charges -€600
down €600 (-12.1%), from €4,951 to €4,351
- Taxes -€532
down €532 (-100%), from €532 to €0
- Depreciation +€315
up €315 (+2.5%), from €12,847 to €13,162
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.
Derived cash bridge
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 | €273,720 | €231,306 | -€42,415 | -15.5% |
| Fixed assets | 21/28 | €142,394 | €129,232 | -€13,162 | -9.2% |
| Tangible fixed assets | 22/27 | €140,399 | €127,237 | -€13,162 | -9.4% |
| Land and buildings | 22 | €137,698 | €124,808 | -€12,890 | -9.4% |
| Furniture and vehicles | 24 | €2,701 | €2,429 | -€272 | -10.1% |
| Financial fixed assets | 28 | €1,995 | €1,995 | = | 0.0% |
| Current assets | 29/58 | €131,326 | €102,073 | -€29,253 | -22.3% |
| Stocks and contracts in progress | 3 | €23,501 | €17,501 | -€6,000 | -25.5% |
| Stocks | 30/36 | €23,501 | €17,501 | -€6,000 | -25.5% |
| Amounts receivable within one year | 40/41 | €26,620 | €11,269 | -€15,351 | -57.7% |
| Trade receivables | 40 | €25,652 | €9,357 | -€16,295 | -63.5% |
| Other amounts receivable | 41 | €969 | €1,912 | +€943 | +97.4% |
| Cash at bank and in hand | 54/58 | €79,576 | €71,660 | -€7,916 | -9.9% |
| Deferred charges and accrued income | 490/1 | €1,628 | €1,643 | +€15 | +0.9% |
| Total equity and liabilities | 10/49 | €273,720 | €231,306 | -€42,415 | -15.5% |
| Equity | 10/15 | €58,357 | €32,386 | -€25,971 | -44.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €120,301 | €120,301 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Distributable reserves | 133 | €118,441 | €120,301 | +€1,859 | +1.6% |
| Profit (loss) carried forward | 14 | -€68,141 | -€94,112 | -€25,971 | -38.1% |
| Amounts payable | 17/49 | €215,363 | €198,919 | -€16,444 | -7.6% |
| Amounts payable within one year | 42/48 | €213,343 | €188,976 | -€24,366 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €1,500 | €1,500 | = | 0.0% |
| Trade debts | 44 | €473 | €381 | -€93 | -19.6% |
| Suppliers | 440/4 | €473 | €381 | -€93 | -19.6% |
| Taxes, remuneration and social security | 45 | €3,616 | €3,719 | +€103 | +2.9% |
| Taxes | 450/3 | €3,616 | €3,719 | +€103 | +2.9% |
| Other amounts payable | 47/48 | €207,754 | €183,377 | -€24,377 | -11.7% |
| Accrued charges and deferred income | 492/3 | €2,020 | €9,943 | +€7,923 | +392% |
| Non-recurring operating income | 76A | €20,661 | €0 | -€20,661 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,847 | €13,162 | +€315 | +2.5% |
| Other operating charges | 640/8 | €4,951 | €4,351 | -€600 | -12.1% |
| Gross operating margin | 9900 | €27,111 | -€7,393 | -€34,503 | |
| Operating profit (loss) | 9901 | €9,313 | -€24,906 | -€34,219 | |
| Financial income | 75/76B | €1 | €9 | +€8 | +975% |
| Recurring financial income | 75 | €1 | €9 | +€8 | +975% |
| Financial charges | 65/66B | €1,287 | €1,074 | -€213 | -16.6% |
| Recurring financial charges | 65 | €1,287 | €1,074 | -€213 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €8,026 | -€25,971 | -€33,997 | |
| Income taxes | 67/77 | €532 | €0 | -€532 | -100% |
| Profit (loss) for the period | 9904 | €7,495 | -€25,971 | -€33,466 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,495 | -€25,971 | -€33,466 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.