DEREVEE (0444.957.410): financials and annual accounts

DEREVEE

Bruges ·KBO/BCE: BE 0444.957.410

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	689,863	677,203	692,949	721,816	697,830	733,752	756,470	763,433	723,986	771,553	837,969	976,708	1.1m	843,386	828,976	854,832	857,545	858,756	1.1m	958,132
Fixed assets`21/28`	191,238	243,314	241,213	226,203	269,781	273,803	279,273	311,044	318,884	344,452	386,416	426,815	476,076	273,916	274,665	301,075	334,780	368,341	404,210	441,521
Intangible fixed assets`21`	-	-	-	-	3,430	6,861	10,291	13,721	17,152	20,582	24,841	31,263	38,293	11,273	15,123	18,973	25,130	29,430	33,730	38,030
Tangible fixed assets`22/27`	191,238	243,314	241,213	226,203	266,350	266,942	268,982	297,322	301,732	323,869	361,574	395,552	437,783	262,519	259,418	281,977	309,525	338,786	370,355	403,367
Land and buildings`22`	76,478	87,461	111,516	140,096	168,676	193,143	222,387	251,631	280,874	310,118	339,362	368,605	397,849	227,093	234,655	252,731	270,806	279,382	297,435	315,581
Plant, machinery and equipment`23`	77,420	104,816	58,630	63,527	65,528	40,208	18,777	16,996	14,064	4,518	2,041	2,307	3,537	6,867	11,940	13,112	20,168	17,037	11,217	15,029
Furniture and vehicles`24`	37,340	51,036	71,067	22,579	32,146	33,591	27,818	28,696	6,794	9,233	20,171	24,640	36,397	28,559	12,823	16,135	18,551	42,368	61,704	72,756
Financial fixed assets`28`	-	-	-	-	-	-	-	-	-	-	-	-	-	125	125	125	125	125	125	125
Current assets`29/58`	498,625	433,889	451,735	495,613	428,050	459,949	477,196	452,389	405,102	427,101	451,553	549,893	615,748	569,470	554,311	553,757	522,765	490,415	701,805	516,610
Stocks and contracts in progress`3`	152,109	201,983	166,284	163,801	253,717	244,512	257,492	257,783	306,642	322,708	332,641	339,674	358,080	385,801	324,851	310,689	269,279	262,246	226,221	190,928
Stocks`30/36`	152,109	201,983	166,284	163,801	253,717	244,512	257,492	257,783	306,642	322,708	332,641	339,674	358,080	385,801	324,851	310,689	269,279	262,246	226,221	190,928
Amounts receivable within one year`40/41`	344,581	229,194	282,771	304,481	157,739	180,235	173,925	158,475	88,253	97,967	107,477	203,111	255,964	183,131	227,437	239,154	249,891	226,269	473,972	323,562
Trade receivables`40`	342,137	220,437	282,449	301,294	153,114	174,329	169,928	148,241	81,536	92,462	99,732	185,051	230,032	158,871	201,650	208,982	238,567	203,794	447,866	291,518
Other amounts receivable`41`	2,444	8,756	322	3,187	4,625	5,906	3,997	10,235	6,717	5,505	7,745	18,059	25,932	24,260	25,788	30,172	11,324	22,475	26,106	32,044
Cash at bank and in hand`54/58`	1,249	1,611	1,497	26,064	15,744	34,928	39,588	34,704	4,680	3,955	4,540	6,257	801	538	1,379	1,436	406	408	471	488
Deferred charges and accrued income`490/1`	687	1,101	1,183	1,267	850	275	6,192	1,426	5,528	2,471	6,895	852	903	-	644	2,478	3,189	1,492	1,141	1,632
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	689,863	677,203	692,949	721,816	697,830	733,752	756,470	763,433	723,986	771,553	837,969	976,708	1.1m	843,386	828,976	854,832	857,545	858,756	1.1m	958,132
Equity`10/15`	144,094	135,951	140,083	119,307	86,628	48,085	42,088	32,968	20,685	18,329	48,492	106,796	151,585	22,310	-9,536	-9,638	-15,297	3,253	44,136	50,824
Contributions`10/11`	86,000	86,000	86,000	86,000	86,000	86,000	86,000	86,000	86,000	86,000	86,000	86,000	86,000	86,000	56,000	56,000	56,000	56,000	56,000	56,000
Issued capital`100`	-	-	-	-	-	-	86,000	86,000	86,000	86,000	86,000	86,000	86,000	86,000	56,000	56,000	56,000	56,000	56,000	56,000
Revaluation surpluses`12`	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	-	-	-	-	-	-	-
Reserves`13`	19,395	22,318	25,240	12,534	12,534	12,534	14,248	14,248	14,248	14,248	14,248	14,248	14,248	14,248	14,248	14,248	14,248	14,248	14,248	14,248
Non-distributable reserves`130/1`	-	-	-	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859
Reserves not available under the articles`1311`	-	-	-	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	6,862	9,784	12,706	-	-	-	1,714	1,714	1,714	1,714	1,714	1,714	1,714	1,714	1,714	1,714	1,714	1,714	1,714	1,714
Distributable reserves`133`	12,534	12,534	12,534	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675	10,675
Profit (loss) carried forward`14`	-161,301	-172,367	-171,157	-179,227	-211,906	-250,449	-258,160	-267,280	-279,563	-281,919	-251,756	-193,452	-148,663	-77,938	-79,783	-79,885	-85,544	-66,994	-26,112	-19,424
Provisions and deferred taxes`16`	1,715	2,446	3,177	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred taxes`168`	1,715	2,446	3,177	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	544,053	538,806	549,689	602,509	611,203	685,667	714,382	730,465	703,301	753,224	789,477	869,913	940,239	821,076	838,512	864,470	872,841	855,502	1.1m	907,308
Amounts payable after more than one year`17`	99,840	141,609	50,851	39,521	87,964	216,020	231,297	134,073	154,341	183,489	211,199	237,543	278,005	198,702	234,235	276,399	316,690	236,376	268,889	307,856
Financial debts`170/4`	99,840	141,609	50,851	39,521	87,964	81,947	97,224	-	20,268	49,416	77,126	103,470	143,932	198,702	234,235	276,399	316,690	236,376	268,889	307,856
Other amounts payable`178/9`	-	-	-	-	-	134,073	134,073	134,073	134,073	134,073	134,073	134,073	134,073	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	443,990	396,907	497,893	561,012	514,356	469,187	481,907	595,678	547,566	568,458	576,654	630,532	660,406	620,739	601,373	585,582	553,839	607,434	792,142	598,652
Current portion of amounts payable after more than one year`42`	41,769	54,796	40,761	48,443	45,966	32,777	26,485	20,268	29,148	27,710	26,343	41,191	55,473	53,138	42,164	40,291	38,503	32,513	38,896	37,212
Financial debts`43`	40,622	22,277	137,668	145,000	145,000	175,000	175,000	260,000	260,000	260,000	260,000	260,000	262,009	274,885	211,488	213,524	202,246	336,405	341,409	193,887
Credit institutions`430/8`	40,622	22,277	137,668	145,000	145,000	175,000	175,000	260,000	260,000	260,000	260,000	260,000	262,009	274,885	211,488	213,524	202,246	336,405	341,409	193,887
Trade debts`44`	330,302	254,988	221,618	280,279	213,144	247,475	233,240	231,317	155,389	153,801	149,678	169,429	189,275	127,463	159,322	157,317	172,472	97,893	266,522	213,958
Suppliers`440/4`	330,302	254,988	221,618	280,279	213,144	247,475	233,240	231,317	155,389	153,801	149,678	169,429	189,275	127,463	159,322	157,317	172,472	97,893	266,522	213,958
Taxes, remuneration and social security`45`	7,918	830	1,231	1,289	928	1,061	715	913	1,058	4,170	3,208	2,568	4,015	528	1,026	1,007	708	123	3,152	5,017
Taxes`450/3`	7,918	830	1,231	1,289	928	1,061	715	913	1,058	4,170	3,208	2,568	4,015	528	1,026	1,007	708	123	3,152	5,017
Other amounts payable`47/48`	23,379	64,018	96,615	86,001	109,318	12,875	46,467	83,180	101,971	122,778	137,425	157,345	149,634	164,724	187,374	173,443	139,909	140,500	142,163	148,577
Accrued charges and deferred income`492/3`	224	289	945	1,976	8,882	459	1,177	714	1,394	1,276	1,625	1,838	1,828	1,636	2,904	2,489	2,313	11,692	848	800
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	1,116	-	-	2,053	-	-	-	-	-	400	-	-	-
Gross operating margin`9900`	85,937	76,369	108,009	106,523	114,185	68,317	70,706	68,009	59,534	30,695	11,905	26,132	8,104	69,930	72,219	82,740	76,450	61,675	91,028	88,069
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	63,797	65,700	64,649	64,565	60,684	52,075	49,288	46,775	42,797	46,303	49,007	48,910	52,085	38,113	37,745	47,211	54,819	52,319	49,927	45,281
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	-1,207	-	-	1,207	-	-	-	-	-	-	-	-
Other operating charges`640/8`	8,297	6,158	9,040	4,972	9,043	4,913	5,558	4,036	5,597	5,042	5,281	6,192	9,074	9,439	11,512	10,253	8,524	12,160	13,102	16,417
Non-recurring operating charges`66A`	-	0	174	-	-	-	-	-	2,800	-	6,797	-	189	-	442	497	446	124	1,041	1,694
Operating profit (loss)`9901`	13,843	4,511	34,146	36,986	44,458	11,329	15,861	17,199	9,547	-20,650	-42,383	-30,177	-53,056	22,379	22,963	25,276	13,107	-2,804	27,999	26,371
Financial income`75/76B`	9,266	2	8	499	116	200	-	1,177	457	10	565	3	2	70	409	4,498	12	63	10	1,867
Recurring financial income`75`	9,266	2	8	499	116	200	-	61	457	10	565	3	2	70	409	4,498	12	63	10	1,867
Non-recurring financial income`76B`	-	-	-	-	-	-	-	1,116	-	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	8,616	9,376	10,202	4,806	6,032	5,349	6,741	6,092	7,648	9,522	11,742	14,616	17,482	20,603	22,829	23,618	31,624	38,018	34,090	30,149
Recurring financial charges`65`	8,616	9,376	10,202	4,806	6,032	5,349	6,741	6,092	7,648	9,522	11,742	14,616	17,482	20,603	22,829	23,618	31,624	38,018	34,090	30,149
Profit (loss) for the period before taxes`9903`	14,493	-4,863	23,953	32,679	38,543	6,180	9,120	12,283	2,356	-30,162	-58,304	-44,790	-70,725	1,846	102	5,659	-18,550	-40,883	-7,122	-3,605
Transfer from deferred taxes`780`	2,922	2,922	476	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to deferred taxes`680`	-	0	3,653	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes`67/77`	7,081	-	-	-	-	183	-	-	0	0	-	-	-	-	-	-	-	-	-434	552
Profit (loss) for the period`9904`	10,335	-1,940	20,776	32,679	38,543	5,997	9,120	12,283	2,356	-30,163	-58,304	-44,790	-70,725	1,846	102	5,659	-18,550	-40,883	-6,688	-4,157
Transfer from tax-exempt reserves`789`	731	731	1,906	-	-	1,714	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	0	14,612	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	11,066	-1,210	8,069	32,679	38,543	7,711	9,120	12,283	2,356	-30,163	-58,304	-44,790	-70,725	1,846	102	5,659	-18,550	-40,883	-6,688	-4,157
Appropriation of the result
Profit (loss) to be appropriated`9906`	-161,301	-172,367	-171,157	-179,227	-211,906	-250,449	-258,160	-267,280	-279,563	-281,919	-251,756	-193,452	-148,663	-77,938	-79,783	-79,885	-85,544	-66,994	-26,112	-19,424
Profit (loss) brought forward from the previous period`14P`	-172,367	-171,157	-179,227	-211,906	-250,449	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	13-07-2026	2026-00292960	PDF
31-12-2024	abbreviated format	24-07-2025	2025-00318309	PDF
31-12-2023	abbreviated format	23-08-2024	2024-00378377	PDF
31-12-2022	abbreviated format	19-07-2023	2023-00248749	PDF
31-12-2021	abbreviated format	27-07-2022	2022-20228001	PDF
31-12-2020	abbreviated format	25-08-2021	2021-55900579	PDF
31-12-2019	abbreviated format	26-08-2020	2020-48200271	PDF
31-12-2018	abbreviated format	23-08-2019	2019-49600587	PDF
31-12-2017	abbreviated format	13-08-2018	2018-44900223	PDF
31-12-2016	abbreviated format	18-08-2017	2017-44500138	PDF
31-12-2015	abbreviated format	31-08-2016	2016-51200247	PDF
31-12-2014	abbreviated format	31-07-2015	2015-36900024	PDF
31-12-2013	abbreviated format	30-09-2014	2014-60800581	PDF
31-12-2012	abbreviated format	31-07-2013	2013-37500198	PDF
31-12-2011	abbreviated format	30-08-2012	2012-49200370	PDF
31-12-2010	abbreviated format	28-07-2011	2011-35100035	PDF
31-12-2009	abbreviated format	12-07-2010	2010-29800011	PDF
31-12-2008	abbreviated format	31-08-2009	2009-72200201	PDF
31-12-2007	abbreviated format	11-06-2008	2008-22000114	PDF
31-12-2006	abbreviated format	11-06-2007	2007-21800334	PDF
31-12-2005	abbreviated format	26-07-2006	2006-54004806	PDF
31-12-2004	abbreviated format	29-07-2005	2005-61104877	PDF
31-12-2003	abbreviated format	28-06-2004	2004-33702251	PDF
31-12-2002	abbreviated format	14-07-2003	2003-44203719	PDF
31-12-2001	abbreviated format	10-04-2003	2003-10502474	PDF
31-12-2000	abbreviated format	10-12-2001	2001-74603484	PDF
31-12-1999	abbreviated format	20-11-2000	2000-72102074	PDF
31-12-1998	abbreviated format	27-08-1999	1999-43001919	PDF
31-12-1997	abbreviated format	03-06-1998	1998-12803438	PDF
31-12-1996	abbreviated format	06-06-1997	1997-12504016	PDF
31-12-1995	abbreviated format	31-05-1996	1996-11300391	PDF
31-12-1994	abbreviated format	23-06-1995	1995-27702306	PDF
31-12-1993	abbreviated format	24-06-1994	1994-19400632	PDF
31-12-1992	abbreviated format	04-06-1993	1993-10205112	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	77,640	70,211	98,795	101,551	105,142	63,403	65,149	63,973	52,344	25,653	6,624	18,733	-971	60,491	60,708	72,487	67,926	49,514	77,926	71,652
Cash flow	74,132	63,760	85,425	97,244	99,227	58,072	58,408	59,058	45,152	16,140	-9,297	4,121	-18,639	39,958	37,847	52,870	36,269	11,436	43,239	41,124
Investment in fixed assets	13,871	78,315	88,614	20,987	61,828	50,646	19,216	38,935	17,229	4,339	8,608	2,736	54,370	38,977	11,336	16,763	22,858	16,449	18,616	54,790
Change in cash	-362	114	-24,568	10,320	-19,184	-4,660	4,883	30,025	725	-585	-1,717	5,456	263	-840	-58	1,031	-2	-63	-18	-
Working capital	54,635	36,982	-46,157	-65,399	-86,306	-9,238	-4,711	-143,289	-142,464	-141,357	-125,100	-80,639	-44,658	-51,269	-47,062	-31,825	-31,074	-117,020	-90,337	-82,042
Solvency	20.9%	20.1%	20.2%	16.5%	12.4%	6.6%	5.6%	4.3%	2.9%	2.4%	5.8%	10.9%	13.9%	2.6%	-1.2%	-1.1%	-1.8%	0.4%	4.0%	5.3%
Current ratio	1.12	1.09	0.91	0.88	0.83	0.98	0.99	0.76	0.74	0.75	0.78	0.87	0.93	0.92	0.92	0.95	0.94	0.81	0.89	0.86
Quick ratio	0.78	0.58	0.57	0.59	0.34	0.46	0.46	0.33	0.18	0.18	0.21	0.33	0.39	0.30	0.38	0.42	0.46	0.38	0.60	0.54
Debt to equity	3.78	3.96	3.92	5.05	7.06	14.26	16.97	22.16	34.00	41.09	16.28	8.15	6.20	36.80	-	-	-	-	24.06	17.85
ROE	7.2%	-1.4%	14.8%	27.4%	44.5%	12.5%	21.7%	37.3%	11.4%	-164.6%	-120.2%	-41.9%	-46.7%	8.3%	-	-	-	-	-15.2%	-8.2%
ROA	1.5%	-0.3%	3.0%	4.5%	5.5%	0.8%	1.2%	1.6%	0.3%	-3.9%	-7.0%	-4.6%	-6.5%	0.2%	0.0%	0.7%	-2.2%	-4.8%	-0.6%	-0.4%
Interest coverage	9.01	7.49	9.68	21.13	17.43	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€67,761	-	€91,612	€87,964	€133,930
Mortgages, amount registered	€350,000	€350,000	€350,000	€350,000	€350,000
Carrying value of the mortgaged assets	€87,461	€87,461	€111,516	€140,096	€168,676
Pledge on the business	€119,980	€119,980	€119,980	€119,980	€119,980

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€13,871	€78,315	€88,614	€20,987	€61,828
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€63,797	€65,700	€64,649	€64,565	€60,684

DEREVEE

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency20.9%

Current ratio1.12

Return on assets1.5%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on DEREVEE

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