DEOL: 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.
DEOL
Largest movements
- Cash +€20,520
up €20,520 (+580.0%), from €3,538 to €24,058
mainly Stocks and contracts (+€11,266) and Net result for the year (+€9,645)
- Stocks and contracts -€11,266
down €11,266 (-18.5%), from €60,739 to €49,473
- Receivables within one year -€8,668
down €8,668 (-43.9%), from €19,764 to €11,096
- Profit (loss) carried forward +€9,645
up €9,645 (+15.4%), from -€62,735 to -€53,090
- Short-term financial debts -€9,175
down €9,175 (-97.6%), from €9,396 to €221
- Tax, wage and social debts +€3,400
up €3,400 (+5.5%), from €62,266 to €65,666
of which Remuneration and social security: +€3,893
- Trade debts -€3,160
down €3,160 (-11.2%), from €28,158 to €24,997
- Purchases and services -€64,311
down €64,311 (-5.1%), from €1.3m to €1.2m
- Turnover -€38,148
down €38,148 (-3.0%), from €1.3m to €1.2m
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 | €90,311 | €91,299 | +€988 | +1.1% |
| Fixed assets | 21/28 | €5,100 | €5,986 | +€886 | +17.4% |
| Tangible fixed assets | 22/27 | €5,100 | €5,986 | +€886 | +17.4% |
| Furniture and vehicles | 24 | €5,100 | €5,986 | +€886 | +17.4% |
| Current assets | 29/58 | €85,211 | €85,313 | +€102 | +0.1% |
| Stocks and contracts in progress | 3 | €60,739 | €49,473 | -€11,266 | -18.5% |
| Stocks | 30/36 | €60,739 | €49,473 | -€11,266 | -18.5% |
| Amounts receivable within one year | 40/41 | €19,764 | €11,096 | -€8,668 | -43.9% |
| Other amounts receivable | 41 | €19,764 | €11,096 | -€8,668 | -43.9% |
| Cash at bank and in hand | 54/58 | €3,538 | €24,058 | +€20,520 | +580.0% |
| Deferred charges and accrued income | 490/1 | €1,170 | €686 | -€484 | -41.4% |
| Total equity and liabilities | 10/49 | €90,311 | €91,299 | +€988 | +1.1% |
| Equity | 10/15 | -€38,159 | -€28,514 | +€9,645 | +25.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,976 | €5,976 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,116 | €4,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,735 | -€53,090 | +€9,645 | +15.4% |
| Amounts payable | 17/49 | €128,470 | €119,813 | -€8,657 | -6.7% |
| Amounts payable after more than one year | 17 | €28,650 | €28,650 | = | 0.0% |
| Other amounts payable | 178/9 | €28,650 | €28,650 | = | 0.0% |
| Amounts payable within one year | 42/48 | €99,820 | €91,163 | -€8,657 | -8.7% |
| Financial debts | 43 | €9,396 | €221 | -€9,175 | -97.6% |
| Credit institutions | 430/8 | €9,396 | €221 | -€9,175 | -97.6% |
| Trade debts | 44 | €28,158 | €24,997 | -€3,160 | -11.2% |
| Suppliers | 440/4 | €28,158 | €24,997 | -€3,160 | -11.2% |
| Taxes, remuneration and social security | 45 | €62,266 | €65,666 | +€3,400 | +5.5% |
| Taxes | 450/3 | €62,005 | €61,511 | -€494 | -0.8% |
| Remuneration and social security | 454/9 | €262 | €4,155 | +€3,893 | +1487.9% |
| Other amounts payable | 47/48 | - | €278 | +€278 | |
| Turnover | 70 | €1,282,663 | €1,244,514 | -€38,148 | -3.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,267,174 | €1,202,863 | -€64,311 | -5.1% |
| Remuneration, social security and pensions | 62 | €29,378 | €36,385 | +€7,007 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,700 | €196 | -€1,504 | -88.5% |
| Other operating charges | 640/8 | €6,774 | €1,929 | -€4,846 | -71.5% |
| Gross operating margin | 9900 | €40,141 | €49,158 | +€9,017 | +22.5% |
| Operating profit (loss) | 9901 | €2,288 | €10,648 | +€8,360 | +365.3% |
| Financial income | 75/76B | €498 | - | -€498 | |
| Recurring financial income | 75 | €498 | - | -€498 | |
| Financial charges | 65/66B | €1,391 | €1,003 | -€388 | -27.9% |
| Recurring financial charges | 65 | €1,391 | €1,003 | -€388 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €1,395 | €9,645 | +€8,250 | +591.4% |
| Income taxes | 67/77 | €8,999 | - | -€8,999 | |
| Profit (loss) for the period | 9904 | -€7,604 | €9,645 | +€17,250 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,604 | €9,645 | +€17,250 |
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 12 October 2026 via checked.be.