DE GRUYTER: what changed
DE GRUYTER
Largest movements
- Tangible fixed assets -€10,656
down €10,656 (-19.7%), from €53,985 to €43,329
of which Furniture and vehicles: -€12,788
- Cash +€6,399
up €6,399 (+6.8%), from €94,435 to €100,833
mainly Depreciation (+€13,876) and Net result for the year (+€6,641)
- Receivables within one year -€5,593
down €5,593 (-49.4%), from €11,317 to €5,724
of which Trade receivables: -€4,416
- Tax, wage and social debts -€11,542
down €11,542 (-92.4%), from €12,488 to €946
of which Taxes: -€11,542
- Reserves +€6,641
up €6,641 (+4.0%), from €166,519 to €173,160
of which Distributable reserves: +€6,641
- Other debts -€3,177
down €3,177 (-29.8%), from €10,653 to €7,477
- Financial income -€13,709
down €13,709 (-84.8%), from €16,175 to €2,466
of which Non-recurring financial income: -€13,929
- Gross operating margin +€12,103
up €12,103 (+117%), from €10,380 to €22,483
- Depreciation -€862
down €862 (-5.8%), from €14,738 to €13,876
- Taxes +€798
up €798 (+36.1%), from €2,211 to €3,009
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 | €199,741 | €189,985 | -€9,756 | -4.9% |
| Fixed assets | 21/28 | €53,985 | €43,329 | -€10,656 | -19.7% |
| Tangible fixed assets | 22/27 | €53,985 | €43,329 | -€10,656 | -19.7% |
| Plant, machinery and equipment | 23 | €795 | €2,218 | +€1,423 | +179% |
| Furniture and vehicles | 24 | €51,900 | €39,112 | -€12,788 | -24.6% |
| Other tangible fixed assets | 26 | €1,290 | €1,998 | +€709 | +54.9% |
| Current assets | 29/58 | €145,756 | €146,656 | +€900 | +0.6% |
| Stocks and contracts in progress | 3 | €8,488 | €7,983 | -€506 | -6.0% |
| Stocks | 30/36 | €8,488 | €7,983 | -€506 | -6.0% |
| Amounts receivable within one year | 40/41 | €11,317 | €5,724 | -€5,593 | -49.4% |
| Trade receivables | 40 | €4,739 | €323 | -€4,416 | -93.2% |
| Other amounts receivable | 41 | €6,577 | €5,401 | -€1,176 | -17.9% |
| Current investments | 50/53 | €25,118 | €25,223 | +€105 | +0.4% |
| Cash at bank and in hand | 54/58 | €94,435 | €100,833 | +€6,399 | +6.8% |
| Deferred charges and accrued income | 490/1 | €6,399 | €6,894 | +€495 | +7.7% |
| Total equity and liabilities | 10/49 | €199,741 | €189,985 | -€9,756 | -4.9% |
| Equity | 10/15 | €172,716 | €179,357 | +€6,641 | +3.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €166,519 | €173,160 | +€6,641 | +4.0% |
| Tax-exempt reserves | 132 | €7,982 | €7,982 | = | 0.0% |
| Distributable reserves | 133 | €158,536 | €165,178 | +€6,641 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,025 | €10,628 | -€16,397 | -60.7% |
| Amounts payable within one year | 42/48 | €27,025 | €10,628 | -€16,397 | -60.7% |
| Trade debts | 44 | €3,884 | €2,205 | -€1,679 | -43.2% |
| Suppliers | 440/4 | €3,884 | €2,205 | -€1,679 | -43.2% |
| Taxes, remuneration and social security | 45 | €12,488 | €946 | -€11,542 | -92.4% |
| Taxes | 450/3 | €12,488 | €946 | -€11,542 | -92.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,653 | €7,477 | -€3,177 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,738 | €13,876 | -€862 | -5.8% |
| Other operating charges | 640/8 | €1,298 | €1,359 | +€61 | +4.7% |
| Gross operating margin | 9900 | €10,380 | €22,483 | +€12,103 | +117% |
| Operating profit (loss) | 9901 | -€5,656 | €7,248 | +€12,904 | |
| Financial income | 75/76B | €16,175 | €2,466 | -€13,709 | -84.8% |
| Recurring financial income | 75 | €2,246 | €2,466 | +€220 | +9.8% |
| Non-recurring financial income | 76B | €13,929 | €0 | -€13,929 | -100% |
| Financial charges | 65/66B | €87 | €64 | -€23 | -26.4% |
| Recurring financial charges | 65 | €87 | €64 | -€23 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €10,433 | €9,650 | -€783 | -7.5% |
| Income taxes | 67/77 | €2,211 | €3,009 | +€798 | +36.1% |
| Profit (loss) for the period | 9904 | €8,222 | €6,641 | -€1,580 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,222 | €6,641 | -€1,580 | -19.2% |
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 4 November 2026 via checked.be.