DEOVERO: 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.
DEOVERO
Largest movements
- Tangible fixed assets -€15,942
down €15,942 (-54.7%), from €29,145 to €13,203
of which Furniture and vehicles: -€15,453
- Cash -€12,852
down €12,852 (-58.9%), from €21,831 to €8,979
mainly Net result for the year (-€25,183) and Other debts (-€10,938)
- Receivables within one year +€9,502
up €9,502 (+112%), from €8,467 to €17,969
of which Trade receivables: +€6,103
- Trade debts +€17,065
up €17,065 (+3,542%), from €482 to €17,546
- Profit (loss) carried forward -€17,015
new in 2025: -€17,015
- Other debts -€10,938
down €10,938 (-21.6%), from €50,639 to €39,702
- Reserves -€8,169
down €8,169 (-100%), from €8,169 to €0
- Gross operating margin -€17,640
down €17,640, from €9,202 to -€8,437
- Financial income +€141
up €141, from €0 to €141
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 | €61,328 | €42,271 | -€19,057 | -31.1% |
| Fixed assets | 21/28 | €29,145 | €13,203 | -€15,942 | -54.7% |
| Tangible fixed assets | 22/27 | €29,145 | €13,203 | -€15,942 | -54.7% |
| Plant, machinery and equipment | 23 | €1,940 | €1,451 | -€489 | -25.2% |
| Furniture and vehicles | 24 | €27,206 | €11,752 | -€15,453 | -56.8% |
| Current assets | 29/58 | €32,182 | €29,068 | -€3,114 | -9.7% |
| Amounts receivable within one year | 40/41 | €8,467 | €17,969 | +€9,502 | +112% |
| Trade receivables | 40 | €7,193 | €13,296 | +€6,103 | +84.8% |
| Other amounts receivable | 41 | €1,273 | €4,673 | +€3,399 | +267% |
| Cash at bank and in hand | 54/58 | €21,831 | €8,979 | -€12,852 | -58.9% |
| Deferred charges and accrued income | 490/1 | €1,885 | €2,120 | +€235 | +12.5% |
| Total equity and liabilities | 10/49 | €61,328 | €42,271 | -€19,057 | -31.1% |
| Equity | 10/15 | €10,169 | -€15,015 | -€25,183 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,169 | €0 | -€8,169 | -100% |
| Distributable reserves | 133 | €8,169 | €0 | -€8,169 | -100% |
| Profit (loss) carried forward | 14 | - | -€17,015 | -€17,015 | |
| Amounts payable | 17/49 | €51,159 | €57,286 | +€6,127 | +12.0% |
| Amounts payable within one year | 42/48 | €51,159 | €57,286 | +€6,127 | +12.0% |
| Trade debts | 44 | €482 | €17,546 | +€17,065 | +3,542% |
| Suppliers | 440/4 | €482 | €17,546 | +€17,065 | +3,542% |
| Taxes, remuneration and social security | 45 | €37 | €37 | = | 0.0% |
| Taxes | 450/3 | €37 | €37 | = | 0.0% |
| Other amounts payable | 47/48 | €50,639 | €39,702 | -€10,938 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,942 | €15,942 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €9,202 | -€8,437 | -€17,640 | |
| Operating profit (loss) | 9901 | -€7,245 | -€24,899 | -€17,654 | -244% |
| Financial income | 75/76B | €0 | €141 | +€141 | |
| Recurring financial income | 75 | €0 | €141 | +€141 | |
| Financial charges | 65/66B | €239 | €293 | +€54 | +22.5% |
| Recurring financial charges | 65 | €239 | €293 | +€54 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,485 | -€25,051 | -€17,567 | -235% |
| Income taxes | 67/77 | €54 | €132 | +€78 | +143% |
| Profit (loss) for the period | 9904 | -€7,539 | -€25,183 | -€17,644 | -234% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,539 | -€25,183 | -€17,644 | -234% |
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 24 October 2026 via checked.be.