"DEK": 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.
"DEK"
Largest movements
- Receivables within one year +€60,185
up €60,185 (+171.1%), from €35,174 to €95,359
of which Other amounts receivable: +€56,925
- Cash -€51,610
down €51,610 (-83.6%), from €61,731 to €10,121
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€60,185)
- Tangible fixed assets -€30,047
down €30,047 (-5.4%), from €555,984 to €525,937
of which Leasing and similar rights: -€21,245
- Debts after one year -€50,171
down €50,171 (-13.9%), from €360,030 to €309,859
- Reserves +€25,828
up €25,828 (+24.1%), from €107,096 to €132,924
- Depreciation -€52,692
down €52,692 (-60.1%), from €87,637 to €34,946
- Gross operating margin -€23,031
down €23,031 (-9.6%), from €241,042 to €218,010
- Taxes +€6,291
up €6,291 (+20.4%), from €30,784 to €37,075
- Financial charges +€6,080
up €6,080 (+63.0%), from €9,657 to €15,737
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 | €656,730 | €636,648 | -€20,082 | -3.1% |
| Fixed assets | 21/28 | €555,984 | €525,937 | -€30,047 | -5.4% |
| Tangible fixed assets | 22/27 | €555,984 | €525,937 | -€30,047 | -5.4% |
| Land and buildings | 22 | €465,865 | €454,898 | -€10,967 | -2.4% |
| Plant, machinery and equipment | 23 | €1,768 | €1,621 | -€146 | -8.3% |
| Furniture and vehicles | 24 | €8,085 | €10,396 | +€2,311 | +28.6% |
| Leasing and similar rights | 25 | €80,266 | €59,021 | -€21,245 | -26.5% |
| Current assets | 29/58 | €100,746 | €110,711 | +€9,966 | +9.9% |
| Amounts receivable within one year | 40/41 | €35,174 | €95,359 | +€60,185 | +171.1% |
| Trade receivables | 40 | €34,804 | €38,064 | +€3,260 | +9.4% |
| Other amounts receivable | 41 | €370 | €57,295 | +€56,925 | +15383.5% |
| Cash at bank and in hand | 54/58 | €61,731 | €10,121 | -€51,610 | -83.6% |
| Deferred charges and accrued income | 490/1 | €3,841 | €5,232 | +€1,391 | +36.2% |
| Total equity and liabilities | 10/49 | €656,730 | €636,648 | -€20,082 | -3.1% |
| Equity | 10/15 | €109,096 | €134,924 | +€25,828 | +23.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €107,096 | €132,924 | +€25,828 | +24.1% |
| Distributable reserves | 133 | €107,096 | €132,924 | +€25,828 | +24.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €547,634 | €501,724 | -€45,910 | -8.4% |
| Amounts payable after more than one year | 17 | €360,030 | €309,859 | -€50,171 | -13.9% |
| Financial debts | 170/4 | €360,030 | €309,859 | -€50,171 | -13.9% |
| Amounts payable within one year | 42/48 | €186,735 | €191,016 | +€4,280 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €48,282 | €50,171 | +€1,889 | +3.9% |
| Trade debts | 44 | €7,538 | €10,049 | +€2,511 | +33.3% |
| Suppliers | 440/4 | €7,538 | €10,049 | +€2,511 | +33.3% |
| Taxes, remuneration and social security | 45 | €30,915 | €30,796 | -€119 | -0.4% |
| Taxes | 450/3 | €30,915 | €30,796 | -€119 | -0.4% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €868 | €849 | -€19 | -2.2% |
| Non-recurring operating income | 76A | €813 | €0 | -€813 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,637 | €34,946 | -€52,692 | -60.1% |
| Other operating charges | 640/8 | €5,893 | €5,172 | -€721 | -12.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €241,042 | €218,010 | -€23,031 | -9.6% |
| Operating profit (loss) | 9901 | €147,512 | €177,893 | +€30,381 | +20.6% |
| Financial income | 75/76B | €621 | €747 | +€126 | +20.2% |
| Recurring financial income | 75 | €621 | €747 | +€126 | +20.2% |
| Financial charges | 65/66B | €9,657 | €15,737 | +€6,080 | +63.0% |
| Recurring financial charges | 65 | €9,657 | €15,737 | +€6,080 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | €138,476 | €162,903 | +€24,427 | +17.6% |
| Income taxes | 67/77 | €30,784 | €37,075 | +€6,291 | +20.4% |
| Profit (loss) for the period | 9904 | €107,692 | €125,828 | +€18,136 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €107,692 | €125,828 | +€18,136 | +16.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.