DEGSA KINE: 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.
DEGSA KINE
Largest movements
- Cash +€15,386
up €15,386 (+34.3%), from €44,865 to €60,250
mainly Net result for the year (+€27,836) and Tax, wage and social debts (+€10,071)
- Tangible fixed assets -€5,722
down €5,722 (-21.0%), from €27,193 to €21,472
of which Furniture and vehicles: -€3,792
- Tax, wage and social debts +€10,071
up €10,071 (+272%), from €3,696 to €13,767
- Reserves +€9,200
up €9,200 (+32.2%), from €28,534 to €37,734
- Other debts -€6,392
down €6,392 (-23.6%), from €27,073 to €20,681
- Current portion of long-term debt -€3,336
down €3,336 (-74.2%), from €4,496 to €1,160
- Debts after one year -€1,160
down €1,160 (-100%), from €1,160 to €0
- Gross operating margin +€41,620
up €41,620 (+389%), from €10,711 to €52,332
- Taxes +€13,556
up €13,556 (+6,275%), from €216 to €13,772
- Depreciation +€685
up €685 (+7.9%), from €8,645 to €9,330
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 | €76,332 | €85,843 | +€9,511 | +12.5% |
| Fixed assets | 21/28 | €27,193 | €21,472 | -€5,722 | -21.0% |
| Tangible fixed assets | 22/27 | €27,193 | €21,472 | -€5,722 | -21.0% |
| Plant, machinery and equipment | 23 | €14,374 | €12,444 | -€1,930 | -13.4% |
| Furniture and vehicles | 24 | €12,819 | €9,027 | -€3,792 | -29.6% |
| Current assets | 29/58 | €49,139 | €64,371 | +€15,233 | +31.0% |
| Amounts receivable within one year | 40/41 | €3,617 | €3,451 | -€166 | -4.6% |
| Other amounts receivable | 41 | €3,617 | €3,451 | -€166 | -4.6% |
| Cash at bank and in hand | 54/58 | €44,865 | €60,250 | +€15,386 | +34.3% |
| Deferred charges and accrued income | 490/1 | €657 | €670 | +€12 | +1.9% |
| Total equity and liabilities | 10/49 | €76,332 | €85,843 | +€9,511 | +12.5% |
| Equity | 10/15 | €39,906 | €49,942 | +€10,036 | +25.1% |
| Contributions | 10/11 | €6,210 | €6,210 | = | 0.0% |
| Reserves | 13 | €28,534 | €37,734 | +€9,200 | +32.2% |
| Distributable reserves | 133 | €28,534 | €37,734 | +€9,200 | +32.2% |
| Profit (loss) carried forward | 14 | €5,162 | €5,998 | +€836 | +16.2% |
| Amounts payable | 17/49 | €36,426 | €35,901 | -€525 | -1.4% |
| Amounts payable after more than one year | 17 | €1,160 | €0 | -€1,160 | -100% |
| Financial debts | 170/4 | €1,160 | €0 | -€1,160 | -100% |
| Amounts payable within one year | 42/48 | €35,266 | €35,901 | +€635 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €4,496 | €1,160 | -€3,336 | -74.2% |
| Trade debts | 44 | €0 | €293 | +€293 | |
| Suppliers | 440/4 | €0 | €293 | +€293 | |
| Taxes, remuneration and social security | 45 | €3,696 | €13,767 | +€10,071 | +272% |
| Taxes | 450/3 | €3,696 | €13,767 | +€10,071 | +272% |
| Other amounts payable | 47/48 | €27,073 | €20,681 | -€6,392 | -23.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,645 | €9,330 | +€685 | +7.9% |
| Other operating charges | 640/8 | €865 | €879 | +€15 | +1.7% |
| Gross operating margin | 9900 | €10,711 | €52,332 | +€41,620 | +389% |
| Operating profit (loss) | 9901 | €1,201 | €42,122 | +€40,921 | +3,406% |
| Financial income | 75/76B | €26 | €16 | -€10 | -38.1% |
| Recurring financial income | 75 | €26 | €16 | -€10 | -38.1% |
| Financial charges | 65/66B | €698 | €531 | -€167 | -24.0% |
| Recurring financial charges | 65 | €698 | €531 | -€167 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €529 | €41,608 | +€41,078 | +7,764% |
| Income taxes | 67/77 | €216 | €13,772 | +€13,556 | +6,275% |
| Profit (loss) for the period | 9904 | €313 | €27,836 | +€27,523 | +8,791% |
| Profit (loss) for the period to be appropriated | 9905 | €313 | €27,836 | +€27,523 | +8,791% |
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 25 October 2026 via checked.be.