DEKERVEL & C°: 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.
DEKERVEL & C°
Largest movements
- Cash +€76,999
up €76,999 (+18.7%), from €410,819 to €487,817
mainly Other debts (+€313,534) and Depreciation (+€61,061)
- Tangible fixed assets -€68,321
down €68,321 (-8.9%), from €764,591 to €696,271
of which Land and buildings: -€49,282
- Receivables within one year -€34,949
down €34,949 (-94.6%), from €36,943 to €1,994
of which Other amounts receivable: -€20,514
- Other debts +€313,534
up €313,534 (+414%), from €75,784 to €389,318
- Reserves -€276,080
down €276,080 (-26.6%), from €1.0m to €762,539
of which Distributable reserves: -€260,364
- Profit (loss) carried forward -€61,107
down €61,107, from €7,150 to -€53,957
- Depreciation -€15,632
down €15,632 (-20.4%), from €76,693 to €61,061
- Financial charges +€15,394
up €15,394 (+201%), from €7,669 to €23,063
- Gross operating margin +€8,791
up €8,791 (+48.1%), from €18,289 to €27,080
- Financial income -€2,833
down €2,833 (-72.5%), from €3,907 to €1,074
- Other operating charges -€1,336
down €1,336 (-12.5%), from €10,692 to €9,356
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 | €1,214,872 | €1,187,858 | -€27,014 | -2.2% |
| Fixed assets | 21/28 | €764,839 | €696,519 | -€68,321 | -8.9% |
| Tangible fixed assets | 22/27 | €764,591 | €696,271 | -€68,321 | -8.9% |
| Land and buildings | 22 | €739,581 | €690,299 | -€49,282 | -6.7% |
| Furniture and vehicles | 24 | €8,274 | €5,972 | -€2,303 | -27.8% |
| Other tangible fixed assets | 26 | €16,736 | €0 | -€16,736 | -100% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €450,033 | €491,340 | +€41,306 | +9.2% |
| Amounts receivable within one year | 40/41 | €36,943 | €1,994 | -€34,949 | -94.6% |
| Trade receivables | 40 | €16,127 | €1,692 | -€14,435 | -89.5% |
| Other amounts receivable | 41 | €20,816 | €301 | -€20,514 | -98.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €410,819 | €487,817 | +€76,999 | +18.7% |
| Deferred charges and accrued income | 490/1 | €2,272 | €1,529 | -€743 | -32.7% |
| Total equity and liabilities | 10/49 | €1,214,872 | €1,187,858 | -€27,014 | -2.2% |
| Equity | 10/15 | €1,089,177 | €751,990 | -€337,187 | -31.0% |
| Contributions | 10/11 | €43,408 | €43,408 | = | 0.0% |
| Reserves | 13 | €1,038,619 | €762,539 | -€276,080 | -26.6% |
| Tax-exempt reserves | 132 | €111,696 | €95,980 | -€15,716 | -14.1% |
| Distributable reserves | 133 | €926,923 | €666,559 | -€260,364 | -28.1% |
| Profit (loss) carried forward | 14 | €7,150 | -€53,957 | -€61,107 | |
| Provisions and deferred taxes | 16 | €36,384 | €31,146 | -€5,239 | -14.4% |
| Deferred taxes | 168 | €36,384 | €31,146 | -€5,239 | -14.4% |
| Amounts payable | 17/49 | €89,311 | €404,722 | +€315,412 | +353% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €88,198 | €403,901 | +€315,704 | +358% |
| Current portion of amounts payable after more than one year | 42 | €2,326 | €0 | -€2,326 | -100% |
| Trade debts | 44 | €8,536 | €12,869 | +€4,333 | +50.8% |
| Suppliers | 440/4 | €8,536 | €12,869 | +€4,333 | +50.8% |
| Taxes, remuneration and social security | 45 | €1,552 | €1,714 | +€162 | +10.5% |
| Taxes | 450/3 | €1,552 | €1,714 | +€162 | +10.5% |
| Other amounts payable | 47/48 | €75,784 | €389,318 | +€313,534 | +414% |
| Accrued charges and deferred income | 492/3 | €1,113 | €821 | -€292 | -26.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,693 | €61,061 | -€15,632 | -20.4% |
| Other operating charges | 640/8 | €10,692 | €9,356 | -€1,336 | -12.5% |
| Non-recurring operating charges | 66A | - | €16,736 | +€16,736 | |
| Gross operating margin | 9900 | €18,289 | €27,080 | +€8,791 | +48.1% |
| Operating profit (loss) | 9901 | -€69,097 | -€60,073 | +€9,024 | +13.1% |
| Financial income | 75/76B | €3,907 | €1,074 | -€2,833 | -72.5% |
| Recurring financial income | 75 | €3,907 | €1,074 | -€2,833 | -72.5% |
| Financial charges | 65/66B | €7,669 | €23,063 | +€15,394 | +201% |
| Recurring financial charges | 65 | €7,669 | €23,063 | +€15,394 | +201% |
| Profit (loss) for the period before taxes | 9903 | -€72,859 | -€82,062 | -€9,203 | -12.6% |
| Transfer from deferred taxes | 780 | €5,238 | €5,239 | +€0 | 0.0% |
| Income taxes | 67/77 | -€33 | €0 | +€33 | |
| Profit (loss) for the period | 9904 | -€67,587 | -€76,823 | -€9,236 | -13.7% |
| Transfer from tax-exempt reserves | 789 | €15,715 | €15,716 | +€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,872 | -€61,107 | -€9,235 | -17.8% |
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 19 October 2026 via checked.be.