DEOL PUNJAB: what changed
DEOL PUNJAB
Largest movements
- Receivables within one year -€107,441
down €107,441 (-67.5%), from €159,284 to €51,844
of which Trade receivables: -€123,296
- Tangible fixed assets -€16,548
down €16,548 (-22.5%), from €73,480 to €56,932
of which Other tangible fixed assets: -€13,455
- Financial fixed assets -€9,764
down €9,764 (-53.4%), from €18,284 to €8,520
- Stocks and contracts -€5,991
down €5,991 (-30.8%), from €19,429 to €13,439
- Cash -€3,201
down €3,201 (-7.3%), from €44,034 to €40,833
mainly Trade debts (-€143,395) and Tax, wage and social debts (-€18,099)
- Trade debts -€143,395
down €143,395 (-74.0%), from €193,752 to €50,358
- Profit (loss) carried forward +€27,906
up €27,906 (+95.9%), from €29,097 to €57,003
- Tax, wage and social debts -€18,099
down €18,099 (-49.4%), from €36,635 to €18,536
of which Remuneration and social security: -€14,902
- Debts after one year -€9,772
down €9,772 (-59.6%), from €16,408 to €6,637
- Gross operating margin -€116,137
down €116,137 (-53.6%), from €216,832 to €100,695
- Staff costs -€57,342
down €57,342 (-53.6%), from €107,009 to €49,667
- Taxes -€10,333
no longer reported in 2025 (was €10,333)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €314,511 | €171,567 | -€142,944 | -45.4% |
| Fixed assets | 21/28 | €91,764 | €65,451 | -€26,312 | -28.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €73,480 | €56,932 | -€16,548 | -22.5% |
| Plant, machinery and equipment | 23 | €5,486 | €2,549 | -€2,937 | -53.5% |
| Furniture and vehicles | 24 | €719 | €563 | -€156 | -21.7% |
| Other tangible fixed assets | 26 | €67,275 | €53,820 | -€13,455 | -20.0% |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €18,284 | €8,520 | -€9,764 | -53.4% |
| Current assets | 29/58 | €222,747 | €106,115 | -€116,632 | -52.4% |
| Stocks and contracts in progress | 3 | €19,429 | €13,439 | -€5,991 | -30.8% |
| Stocks | 30/36 | €19,429 | €13,439 | -€5,991 | -30.8% |
| Amounts receivable within one year | 40/41 | €159,284 | €51,844 | -€107,441 | -67.5% |
| Trade receivables | 40 | €158,027 | €34,731 | -€123,296 | -78.0% |
| Other amounts receivable | 41 | €1,257 | €17,113 | +€15,856 | +1,261% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €44,034 | €40,833 | -€3,201 | -7.3% |
| Total equity and liabilities | 10/49 | €314,511 | €171,567 | -€142,944 | -45.4% |
| Equity | 10/15 | €51,522 | €79,428 | +€27,906 | +54.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,826 | €3,826 | = | 0.0% |
| Non-distributable reserves | 130/1 | €956 | €956 | = | 0.0% |
| Reserves not available under the articles | 1311 | €956 | €956 | = | 0.0% |
| Distributable reserves | 133 | €2,870 | €2,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,097 | €57,003 | +€27,906 | +95.9% |
| Amounts payable | 17/49 | €262,989 | €92,138 | -€170,850 | -65.0% |
| Amounts payable after more than one year | 17 | €16,408 | €6,637 | -€9,772 | -59.6% |
| Financial debts | 170/4 | €16,408 | €6,637 | -€9,772 | -59.6% |
| Amounts payable within one year | 42/48 | €246,580 | €85,501 | -€161,079 | -65.3% |
| Current portion of amounts payable after more than one year | 42 | €9,556 | €9,772 | +€215 | +2.3% |
| Trade debts | 44 | €193,752 | €50,358 | -€143,395 | -74.0% |
| Suppliers | 440/4 | €193,752 | €50,358 | -€143,395 | -74.0% |
| Taxes, remuneration and social security | 45 | €36,635 | €18,536 | -€18,099 | -49.4% |
| Taxes | 450/3 | €18,270 | €15,073 | -€3,196 | -17.5% |
| Remuneration and social security | 454/9 | €18,365 | €3,463 | -€14,902 | -81.1% |
| Other amounts payable | 47/48 | €6,637 | €6,836 | +€199 | +3.0% |
| Remuneration, social security and pensions | 62 | €107,009 | €49,667 | -€57,342 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,076 | €16,897 | -€178 | -1.0% |
| Other operating charges | 640/8 | €4,042 | €3,957 | -€85 | -2.1% |
| Gross operating margin | 9900 | €216,832 | €100,695 | -€116,137 | -53.6% |
| Operating profit (loss) | 9901 | €88,705 | €30,173 | -€58,532 | -66.0% |
| Financial income | 75/76B | €104 | €499 | +€395 | +381% |
| Recurring financial income | 75 | €104 | €499 | +€395 | +381% |
| Financial charges | 65/66B | €2,195 | €2,766 | +€571 | +26.0% |
| Recurring financial charges | 65 | €2,195 | €2,766 | +€571 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €86,614 | €27,906 | -€58,708 | -67.8% |
| Income taxes | 67/77 | €10,333 | - | -€10,333 | |
| Profit (loss) for the period | 9904 | €76,282 | €27,906 | -€48,376 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,282 | €27,906 | -€48,376 | -63.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.