DEO HOLDING: 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.
What changed
DEO HOLDING
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€399,923
2024 · -€252,887-€147,036
Equity
€4.4m
2024 · €4.8m-€399,923
Cash
€294,915
2024 · €334,306-€39,391
Balance sheet total
€8.5m
2024 · €8.6m-€95,640
Largest movements
Assets
- Current investments -€259,277
down €259,277 (-37.3%), from €694,383 to €435,106
- Financial fixed assets +€202,955
up €202,955 (+2.7%), from €7.5m to €7.7m
Equity and liabilities
- Profit (loss) carried forward -€399,923
down €399,923 (-104%), from -€384,107 to -€784,030
- Debts after one year +€288,561
up €288,561 (+7.7%), from €3.7m to €4.0m
Income statement
- Financial charges +€151,670
up €151,670 (+82.8%), from €183,230 to €334,900
- Gross operating margin +€26,610
up €26,610 (+28.3%), from -€94,134 to -€67,523
- Financial income -€17,302
down €17,302 (-42.3%), from €40,883 to €23,582
- Taxes +€4,558
up €4,558, from -€4,558 to €0
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.
Result 2024
-€252,887
Gross operating margin
+€26,610
Other operating charges
-€116
Financial income
-€17,302
Financial charges
-€151,670
Taxes
-€4,558
Result 2025
-€399,923
raises the resultlowers the result
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.
From operations
-€384,275
Investment
+€56,323
Financing
+€288,561
Cash 2024
€334,306
From operations (derived)
-€384,275
Net result for the year
-€399,923
Depreciation
+€19,851
Receivables within one year
-€58,991
Deferred charges and accrued income
+€39,067
Trade debts
+€14,254
Tax, wage and social debts
+€3,092
Accrued charges and deferred income
-€1,625
Investment (derived)
+€56,323
Investment in fixed assets (net)
-€202,955
Current investments
+€259,277
Financing
+€288,561
Debts after one year
+€288,561
Cash 2025
€294,915
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,636,583 | €8,540,943 | -€95,640 | -1.1% |
| Formation expenses | 20 | €40,877 | €21,026 | -€19,851 | -48.6% |
| Fixed assets | 21/28 | €7,487,057 | €7,690,012 | +€202,955 | +2.7% |
| Financial fixed assets | 28 | €7,487,057 | €7,690,012 | +€202,955 | +2.7% |
| Current assets | 29/58 | €1,108,649 | €829,905 | -€278,744 | -25.1% |
| Amounts receivable within one year | 40/41 | €40,073 | €99,064 | +€58,991 | +147% |
| Trade receivables | 40 | €22,512 | €76,449 | +€53,937 | +240% |
| Other amounts receivable | 41 | €17,561 | €22,615 | +€5,054 | +28.8% |
| Current investments | 50/53 | €694,383 | €435,106 | -€259,277 | -37.3% |
| Cash at bank and in hand | 54/58 | €334,306 | €294,915 | -€39,391 | -11.8% |
| Deferred charges and accrued income | 490/1 | €39,886 | €820 | -€39,067 | -97.9% |
| Total equity and liabilities | 10/49 | €8,636,583 | €8,540,943 | -€95,640 | -1.1% |
| Equity | 10/15 | €4,826,763 | €4,426,840 | -€399,923 | -8.3% |
| Contributions | 10/11 | €5,197,006 | €5,197,006 | = | 0.0% |
| Capital | 10 | €1,059,169 | €1,059,169 | = | 0.0% |
| Issued capital | 100 | €1,059,169 | €1,059,169 | = | 0.0% |
| Contributions outside capital | 11 | €4,137,836 | €4,137,836 | = | 0.0% |
| Share premium | 1100/10 | €4,137,836 | €4,137,836 | = | 0.0% |
| Reserves | 13 | €13,864 | €13,864 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,864 | €13,864 | = | 0.0% |
| Legal reserve | 130 | €13,864 | €13,864 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€384,107 | -€784,030 | -€399,923 | -104% |
| Amounts payable | 17/49 | €3,809,821 | €4,114,103 | +€304,282 | +8.0% |
| Amounts payable after more than one year | 17 | €3,741,896 | €4,030,457 | +€288,561 | +7.7% |
| Financial debts | 170/4 | €3,741,896 | €4,030,457 | +€288,561 | +7.7% |
| Amounts payable within one year | 42/48 | €36,854 | €54,201 | +€17,346 | +47.1% |
| Trade debts | 44 | €36,854 | €51,109 | +€14,254 | +38.7% |
| Suppliers | 440/4 | €36,854 | €51,109 | +€14,254 | +38.7% |
| Taxes, remuneration and social security | 45 | - | €3,092 | +€3,092 | |
| Taxes | 450/3 | - | €3,092 | +€3,092 | |
| Accrued charges and deferred income | 492/3 | €31,071 | €29,445 | -€1,625 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,851 | €19,851 | = | 0.0% |
| Other operating charges | 640/8 | €1,115 | €1,230 | +€116 | +10.4% |
| Gross operating margin | 9900 | -€94,134 | -€67,523 | +€26,610 | +28.3% |
| Operating profit (loss) | 9901 | -€115,099 | -€88,605 | +€26,494 | +23.0% |
| Financial income | 75/76B | €40,883 | €23,582 | -€17,302 | -42.3% |
| Recurring financial income | 75 | €40,883 | €23,582 | -€17,302 | -42.3% |
| Financial charges | 65/66B | €183,230 | €334,900 | +€151,670 | +82.8% |
| Recurring financial charges | 65 | €183,230 | €334,900 | +€151,670 | +82.8% |
| Profit (loss) for the period before taxes | 9903 | -€257,445 | -€399,923 | -€142,477 | -55.3% |
| Income taxes | 67/77 | -€4,558 | €0 | +€4,558 | |
| Profit (loss) for the period | 9904 | -€252,887 | -€399,923 | -€147,036 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€252,887 | -€399,923 | -€147,036 | -58.1% |
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 15 October 2026 via checked.be.