DERA: what changed
Two fiscal 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.
DERA
Largest movements
- Cash +€23,012
up €23,012 (+270.9%), from €8,494 to €31,506
mainly Current portion of long-term debt (+€27,000) and Net result for the year (+€12,494)
- Receivables within one year +€8,054
up €8,054 (+63.3%), from €12,730 to €20,784
of which Other amounts receivable: +€8,311
- Tangible fixed assets -€4,512
down €4,512 (-20.0%), from €22,559 to €18,047
- Current portion of long-term debt +€27,000
new in 2024: €27,000
- Reserves +€12,000
up €12,000 (+23.9%), from €50,310 to €62,310
of which Distributable reserves: +€62,310
- Tax, wage and social debts -€7,010
down €7,010 (-61.0%), from €11,496 to €4,486
- Trade debts -€6,732
down €6,732 (-76.3%), from €8,822 to €2,090
- Other debts +€2,804
new in 2024: €2,804
- Depreciation -€16,787
down €16,787 (-78.8%), from €21,299 to €4,512
- Gross operating margin -€5,734
down €5,734 (-16.6%), from €34,449 to €28,715
- Financial charges +€1,100
up €1,100 (+126.6%), from €869 to €1,969
of which Financial charges: +€600
- Other operating charges -€651
down €651 (-21.2%), from €3,071 to €2,420
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,248 | €109,804 | +€26,556 | +31.9% |
| Fixed assets | 21/28 | €26,774 | €22,262 | -€4,512 | -16.9% |
| Tangible fixed assets | 22/27 | €22,559 | €18,047 | -€4,512 | -20.0% |
| Land and buildings | 22 | €22,559 | €18,047 | -€4,512 | -20.0% |
| Financial fixed assets | 28 | €4,215 | €4,215 | = | 0.0% |
| Current assets | 29/58 | €56,474 | €87,542 | +€31,068 | +55.0% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,250 | €5,250 | = | 0.0% |
| Stocks | 30/36 | €5,250 | €5,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,730 | €20,784 | +€8,054 | +63.3% |
| Trade receivables | 40 | €4,454 | €4,197 | -€257 | -5.8% |
| Other amounts receivable | 41 | €8,276 | €16,587 | +€8,311 | +100.4% |
| Cash at bank and in hand | 54/58 | €8,494 | €31,506 | +€23,012 | +270.9% |
| Deferred charges and accrued income | 490/1 | - | €2 | +€2 | |
| Total equity and liabilities | 10/49 | €83,248 | €109,804 | +€26,556 | +31.9% |
| Equity | 10/15 | €60,930 | €73,424 | +€12,494 | +20.5% |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Reserves | 13 | €50,310 | €62,310 | +€12,000 | +23.9% |
| Non-distributable reserves | 130/1 | €50,310 | - | -€50,310 | |
| Financial assistance | 1313 | €50,310 | - | -€50,310 | |
| Distributable reserves | 133 | - | €62,310 | +€62,310 | |
| Profit (loss) carried forward | 14 | -€1,783 | -€1,289 | +€494 | +27.7% |
| Amounts payable | 17/49 | €22,318 | €36,380 | +€14,062 | +63.0% |
| Amounts payable within one year | 42/48 | €20,318 | €36,380 | +€16,062 | +79.1% |
| Current portion of amounts payable after more than one year | 42 | - | €27,000 | +€27,000 | |
| Trade debts | 44 | €8,822 | €2,090 | -€6,732 | -76.3% |
| Suppliers | 440/4 | €8,822 | €2,090 | -€6,732 | -76.3% |
| Taxes, remuneration and social security | 45 | €11,496 | €4,486 | -€7,010 | -61.0% |
| Taxes | 450/3 | €11,496 | €4,486 | -€7,010 | -61.0% |
| Other amounts payable | 47/48 | - | €2,804 | +€2,804 | |
| Accrued charges and deferred income | 492/3 | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,299 | €4,512 | -€16,787 | -78.8% |
| Other operating charges | 640/8 | €3,071 | €2,420 | -€651 | -21.2% |
| Gross operating margin | 9900 | €34,449 | €28,715 | -€5,734 | -16.6% |
| Operating profit (loss) | 9901 | €10,079 | €21,783 | +€11,704 | +116.1% |
| Financial income | 75/76B | €88 | €424 | +€336 | +381.8% |
| Recurring financial income | 75 | €88 | €420 | +€332 | +377.3% |
| Non-recurring financial income | 76B | - | €4 | +€4 | |
| Financial charges | 65/66B | €869 | €1,969 | +€1,100 | +126.6% |
| Recurring financial charges | 65 | €869 | €1,469 | +€600 | +69.0% |
| Non-recurring financial charges | 66B | - | €500 | +€500 | |
| Profit (loss) for the period before taxes | 9903 | €9,298 | €20,238 | +€10,940 | +117.7% |
| Income taxes | 67/77 | €7,489 | €7,744 | +€255 | +3.4% |
| Profit (loss) for the period | 9904 | €1,809 | €12,494 | +€10,685 | +590.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,809 | €12,494 | +€10,685 | +590.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.