Deploy Group: 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
Deploy Group
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.5m
2024 · €1.9m+€1.6m
Equity
€14.0m
2024 · €10.5m+€3.5m
Cash
€121,355
2024 · €41,067+€80,288
Balance sheet total
€25.2m
2024 · €24.5m+€711,294
Largest movements
Assets
- Financial fixed assets +€657,500
up €657,500 (+2.7%), from €24.2m to €24.9m
of which Other financial fixed assets: +€657,500
Equity and liabilities
- Reserves +€3.5m
up €3.5m (+62.1%), from €5.6m to €9.1m
- Debts after one year -€1.8m
down €1.8m (-16.6%), from €10.9m to €9.1m
- Other debts -€951,143
down €951,143 (-100%), from €951,143 to €0
Income statement
- Financial income +€1.6m
up €1.6m (+86.5%), from €1.9m to €3.5m
- Services and other goods -€143,848
down €143,848 (-11.1%), from €1.3m to €1.2m
- Turnover -€138,000
down €138,000 (-10.0%), from €1.4m to €1.2m
- Financial charges -€14,856
down €14,856 (-3.4%), from €437,684 to €422,828
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
€1.9m
Turnover
-€138,000
Services and other goods
+€143,848
Other operating charges
-€4
Financial income
+€1.6m
Financial charges
+€14,856
Taxes
-€4,262
Result 2025
€3.5m
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
+€2.5m
Investment
-€657,500
Financing
-€1.8m
Cash 2024
€41,067
From operations (derived)
+€2.5m
Net result for the year
+€3.5m
Receivables within one year
+€26,215
Smaller working-capital items
+€3,164
Trade debts
-€24,100
Other debts
-€951,143
Investment (derived)
-€657,500
Investment in fixed assets (net)
-€657,500
Financing
-€1.8m
Debts after one year
-€1.8m
Current portion of long-term debt
+€27,613
Cash 2025
€121,355
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,531,092 | €25,242,386 | +€711,294 | +2.9% |
| Fixed assets | 21/28 | €24,201,277 | €24,858,777 | +€657,500 | +2.7% |
| Financial fixed assets | 28 | €24,201,277 | €24,858,777 | +€657,500 | +2.7% |
| Affiliated companies | 280/1 | €22,812,527 | €22,812,527 | = | 0.0% |
| Participating interests | 280 | €22,812,527 | €22,812,527 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,388,750 | €2,046,250 | +€657,500 | +47.3% |
| Shares | 284 | €1,388,750 | €2,046,250 | +€657,500 | +47.3% |
| Current assets | 29/58 | €329,815 | €383,609 | +€53,794 | +16.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €285,749 | €259,534 | -€26,215 | -9.2% |
| Trade receivables | 40 | €279,510 | €251,680 | -€27,830 | -10.0% |
| Other amounts receivable | 41 | €6,239 | €7,854 | +€1,615 | +25.9% |
| Cash at bank and in hand | 54/58 | €41,067 | €121,355 | +€80,288 | +196% |
| Deferred charges and accrued income | 490/1 | €2,999 | €2,720 | -€279 | -9.3% |
| Total equity and liabilities | 10/49 | €24,531,092 | €25,242,386 | +€711,294 | +2.9% |
| Equity | 10/15 | €10,485,577 | €13,954,102 | +€3.5m | +33.1% |
| Contributions | 10/11 | €4,900,000 | €4,900,000 | = | 0.0% |
| Reserves | 13 | €5,585,577 | €9,054,102 | +€3.5m | +62.1% |
| Distributable reserves | 133 | €5,585,577 | €9,054,102 | +€3.5m | +62.1% |
| Amounts payable | 17/49 | €14,045,515 | €11,288,284 | -€2.8m | -19.6% |
| Amounts payable after more than one year | 17 | €10,907,395 | €9,094,909 | -€1.8m | -16.6% |
| Financial debts | 170/4 | €10,907,395 | €9,094,909 | -€1.8m | -16.6% |
| Subordinated loans | 170 | €5,385,384 | €5,385,384 | = | 0.0% |
| Credit institutions | 173 | €5,522,011 | €3,709,525 | -€1.8m | -32.8% |
| Amounts payable within one year | 42/48 | €3,001,044 | €2,055,924 | -€945,121 | -31.5% |
| Current portion of amounts payable after more than one year | 42 | €1,784,873 | €1,812,486 | +€27,613 | +1.5% |
| Trade debts | 44 | €265,029 | €240,928 | -€24,100 | -9.1% |
| Suppliers | 440/4 | €265,029 | €240,928 | -€24,100 | -9.1% |
| Taxes, remuneration and social security | 45 | €0 | €2,510 | +€2,510 | |
| Taxes | 450/3 | €0 | €2,510 | +€2,510 | |
| Other amounts payable | 47/48 | €951,143 | €0 | -€951,143 | -100% |
| Accrued charges and deferred income | 492/3 | €137,076 | €137,451 | +€376 | +0.3% |
| Operating income | 70/76A | €1,741,000 | €1,603,000 | -€138,000 | -7.9% |
| Turnover | 70 | €1,386,000 | €1,248,000 | -€138,000 | -10.0% |
| Other operating income | 74 | €355,000 | €355,000 | = | 0.0% |
| Operating charges | 60/66A | €1,298,981 | €1,155,137 | -€143,845 | -11.1% |
| Services and other goods | 61 | €1,298,841 | €1,154,993 | -€143,848 | -11.1% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Operating profit (loss) | 9901 | €442,019 | €447,863 | +€5,845 | +1.3% |
| Financial income | 75/76B | €1,850,000 | €3,450,000 | +€1.6m | +86.5% |
| Recurring financial income | 75 | €1,850,000 | €3,450,000 | +€1.6m | +86.5% |
| Income from financial fixed assets | 750 | €1,850,000 | €3,450,000 | +€1.6m | +86.5% |
| Financial charges | 65/66B | €437,684 | €422,828 | -€14,856 | -3.4% |
| Recurring financial charges | 65 | €437,684 | €422,828 | -€14,856 | -3.4% |
| Debt charges | 650 | €435,944 | €421,903 | -€14,041 | -3.2% |
| Other financial charges | 652/9 | €1,740 | €925 | -€814 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €1,854,335 | €3,475,035 | +€1.6m | +87.4% |
| Income taxes | 67/77 | €2,248 | €6,510 | +€4,262 | +190% |
| Taxes | 670/3 | €2,248 | €6,510 | +€4,262 | +190% |
| Profit (loss) for the period | 9904 | €1,852,087 | €3,468,525 | +€1.6m | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,852,087 | €3,468,525 | +€1.6m | +87.3% |
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 17 October 2026 via checked.be.