Degy: 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.
Degy
Largest movements
- Cash +€39,851
up €39,851 (+212%), from €18,814 to €58,666
mainly Net result for the year (+€30,471) and Depreciation (+€9,674)
- Receivables within one year -€6,458
down €6,458 (-38.7%), from €16,683 to €10,225
- Tangible fixed assets +€1,533
up €1,533 (+4.2%), from €36,196 to €37,729
of which Furniture and vehicles: +€9,066
- Reserves +€30,471
up €30,471 (+87.2%), from €34,945 to €65,416
- Tax, wage and social debts +€4,786
up €4,786 (+46.9%), from €10,206 to €14,992
- Other debts -€2,700
down €2,700 (-22.5%), from €11,980 to €9,280
- Trade debts +€1,421
up €1,421 (+198%), from €719 to €2,140
- Gross operating margin +€13,275
up €13,275 (+34.7%), from €38,227 to €51,501
- Taxes +€4,219
up €4,219 (+71.3%), from €5,922 to €10,141
- Depreciation +€1,420
up €1,420 (+17.2%), from €8,254 to €9,674
- Financial charges +€963
up €963 (+2,272%), from €42 to €1,005
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 | €71,694 | €106,620 | +€34,926 | +48.7% |
| Fixed assets | 21/28 | €36,196 | €37,729 | +€1,533 | +4.2% |
| Tangible fixed assets | 22/27 | €36,196 | €37,729 | +€1,533 | +4.2% |
| Plant, machinery and equipment | 23 | €34,380 | €26,847 | -€7,533 | -21.9% |
| Furniture and vehicles | 24 | €1,817 | €10,882 | +€9,066 | +499% |
| Current assets | 29/58 | €35,498 | €68,891 | +€33,393 | +94.1% |
| Amounts receivable within one year | 40/41 | €16,683 | €10,225 | -€6,458 | -38.7% |
| Trade receivables | 40 | €16,683 | €10,225 | -€6,458 | -38.7% |
| Cash at bank and in hand | 54/58 | €18,814 | €58,666 | +€39,851 | +212% |
| Total equity and liabilities | 10/49 | €71,694 | €106,620 | +€34,926 | +48.7% |
| Equity | 10/15 | €36,945 | €67,416 | +€30,471 | +82.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €34,945 | €65,416 | +€30,471 | +87.2% |
| Distributable reserves | 133 | €34,945 | €65,416 | +€30,471 | +87.2% |
| Amounts payable | 17/49 | €34,749 | €39,204 | +€4,455 | +12.8% |
| Amounts payable after more than one year | 17 | €11,844 | €11,844 | = | 0.0% |
| Financial debts | 170/4 | €11,844 | €11,844 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,905 | €26,412 | +€3,507 | +15.3% |
| Trade debts | 44 | €719 | €2,140 | +€1,421 | +198% |
| Suppliers | 440/4 | €719 | €2,140 | +€1,421 | +198% |
| Taxes, remuneration and social security | 45 | €10,206 | €14,992 | +€4,786 | +46.9% |
| Taxes | 450/3 | €10,206 | €14,992 | +€4,786 | +46.9% |
| Other amounts payable | 47/48 | €11,980 | €9,280 | -€2,700 | -22.5% |
| Accrued charges and deferred income | 492/3 | - | €948 | +€948 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,254 | €9,674 | +€1,420 | +17.2% |
| Other operating charges | 640/8 | €208 | €210 | +€2 | +1.2% |
| Gross operating margin | 9900 | €38,227 | €51,501 | +€13,275 | +34.7% |
| Operating profit (loss) | 9901 | €29,765 | €41,618 | +€11,852 | +39.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €42 | €1,005 | +€963 | +2,272% |
| Recurring financial charges | 65 | €42 | €1,005 | +€963 | +2,272% |
| Profit (loss) for the period before taxes | 9903 | €29,723 | €40,612 | +€10,889 | +36.6% |
| Income taxes | 67/77 | €5,922 | €10,141 | +€4,219 | +71.3% |
| Profit (loss) for the period | 9904 | €23,801 | €30,471 | +€6,670 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,801 | €30,471 | +€6,670 | +28.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.