BC DERM: 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.
BC DERM
Largest movements
- Cash +€29,361
up €29,361 (+92.1%), from €31,880 to €61,241
mainly Net result for the year (+€40,993) and Depreciation (+€32,629)
- Tangible fixed assets -€22,670
down €22,670 (-15.9%), from €142,209 to €119,538
of which Furniture and vehicles: -€11,566
- Receivables within one year -€7,938
down €7,938 (-56.2%), from €14,119 to €6,181
- Deferred charges and accrued income +€2,899
up €2,899 (+217%), from €1,339 to €4,238
- Reserves +€40,500
up €40,500 (+75.2%), from €53,860 to €94,360
- Tax, wage and social debts -€18,559
down €18,559 (-68.9%), from €26,947 to €8,388
- Trade debts -€16,763
down €16,763 (-68.9%), from €24,313 to €7,550
- Current portion of long-term debt -€3,114
no longer reported in 2025 (was €3,114)
- Gross operating margin +€22,610
up €22,610 (+31.2%), from €72,389 to €94,998
- Taxes +€13,353
up €13,353 (+200%), from €6,664 to €20,017
- Depreciation -€10,569
down €10,569 (-24.5%), from €43,197 to €32,629
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 | €189,546 | €192,827 | +€3,281 | +1.7% |
| Fixed assets | 21/28 | €142,209 | €121,167 | -€21,042 | -14.8% |
| Intangible fixed assets | 21 | - | €1,629 | +€1,629 | |
| Tangible fixed assets | 22/27 | €142,209 | €119,538 | -€22,670 | -15.9% |
| Plant, machinery and equipment | 23 | €26,871 | €20,122 | -€6,749 | -25.1% |
| Furniture and vehicles | 24 | €15,879 | €4,314 | -€11,566 | -72.8% |
| Other tangible fixed assets | 26 | €99,458 | €95,103 | -€4,356 | -4.4% |
| Current assets | 29/58 | €47,338 | €71,660 | +€24,323 | +51.4% |
| Amounts receivable within one year | 40/41 | €14,119 | €6,181 | -€7,938 | -56.2% |
| Trade receivables | 40 | €14,119 | €6,181 | -€7,938 | -56.2% |
| Cash at bank and in hand | 54/58 | €31,880 | €61,241 | +€29,361 | +92.1% |
| Deferred charges and accrued income | 490/1 | €1,339 | €4,238 | +€2,899 | +217% |
| Total equity and liabilities | 10/49 | €189,546 | €192,827 | +€3,281 | +1.7% |
| Equity | 10/15 | €132,730 | €173,723 | +€40,993 | +30.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €53,860 | €94,360 | +€40,500 | +75.2% |
| Distributable reserves | 133 | €53,860 | €94,360 | +€40,500 | +75.2% |
| Profit (loss) carried forward | 14 | €66,470 | €66,963 | +€493 | +0.7% |
| Amounts payable | 17/49 | €56,816 | €19,104 | -€37,712 | -66.4% |
| Amounts payable within one year | 42/48 | €56,132 | €18,123 | -€38,009 | -67.7% |
| Current portion of amounts payable after more than one year | 42 | €3,114 | - | -€3,114 | |
| Trade debts | 44 | €24,313 | €7,550 | -€16,763 | -68.9% |
| Suppliers | 440/4 | €24,313 | €7,550 | -€16,763 | -68.9% |
| Taxes, remuneration and social security | 45 | €26,947 | €8,388 | -€18,559 | -68.9% |
| Taxes | 450/3 | €26,947 | €8,388 | -€18,559 | -68.9% |
| Other amounts payable | 47/48 | €1,758 | €2,185 | +€427 | +24.3% |
| Accrued charges and deferred income | 492/3 | €684 | €981 | +€297 | +43.4% |
| Non-recurring operating income | 76A | €23 | - | -€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,197 | €32,629 | -€10,569 | -24.5% |
| Other operating charges | 640/8 | €684 | €760 | +€76 | +11.1% |
| Non-recurring operating charges | 66A | €2,717 | - | -€2,717 | |
| Gross operating margin | 9900 | €72,389 | €94,998 | +€22,610 | +31.2% |
| Operating profit (loss) | 9901 | €25,790 | €61,609 | +€35,820 | +139% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €720 | €599 | -€121 | -16.8% |
| Recurring financial charges | 65 | €720 | €599 | -€121 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €25,070 | €61,010 | +€35,940 | +143% |
| Income taxes | 67/77 | €6,664 | €20,017 | +€13,353 | +200% |
| Profit (loss) for the period | 9904 | €18,406 | €40,993 | +€22,587 | +123% |
| Profit (loss) for the period to be appropriated | 9905 | €18,406 | €40,993 | +€22,587 | +123% |
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 14 October 2026 via checked.be.