DERACO: 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.
DERACO
Largest movements
- Receivables within one year -€22,813
down €22,813 (-52.4%), from €43,547 to €20,734
of which Trade receivables: -€12,780
- Tangible fixed assets +€12,123
up €12,123 (+444.4%), from €2,728 to €14,851
of which Other tangible fixed assets: +€14,567
- Cash -€11,342
down €11,342 (-45.7%), from €24,807 to €13,465
mainly Trade debts (-€18,674) and Investment in fixed assets (net) (-€13,951)
- Trade debts -€18,674
down €18,674 (-88.8%), from €21,033 to €2,359
- Other debts -€1,975
down €1,975 (-94.7%), from €2,085 to €110
- Tax, wage and social debts -€1,584
no longer reported in 2025 (was €1,584)
- Purchases and services -€15,116
down €15,116 (-8.0%), from €189,887 to €174,771
- Depreciation -€731
down €731 (-28.6%), from €2,560 to €1,829
- Other operating charges -€462
down €462 (-27.6%), from €1,672 to €1,210
- Taxes +€443
up €443 (+16.0%), from €2,765 to €3,208
- Financial charges +€425
up €425 (+127.9%), from €332 to €756
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.
Cash bridge derived
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 | €75,339 | €53,810 | -€21,529 | -28.6% |
| Fixed assets | 21/28 | €5,128 | €17,251 | +€12,123 | +236.4% |
| Tangible fixed assets | 22/27 | €2,728 | €14,851 | +€12,123 | +444.4% |
| Plant, machinery and equipment | 23 | €22 | €0 | -€22 | -98.7% |
| Furniture and vehicles | 24 | €2,706 | €284 | -€2,422 | -89.5% |
| Other tangible fixed assets | 26 | - | €14,567 | +€14,567 | |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €70,211 | €36,559 | -€33,652 | -47.9% |
| Amounts receivable within one year | 40/41 | €43,547 | €20,734 | -€22,813 | -52.4% |
| Trade receivables | 40 | €28,266 | €15,486 | -€12,780 | -45.2% |
| Other amounts receivable | 41 | €15,281 | €5,248 | -€10,033 | -65.7% |
| Cash at bank and in hand | 54/58 | €24,807 | €13,465 | -€11,342 | -45.7% |
| Deferred charges and accrued income | 490/1 | €1,857 | €2,360 | +€503 | +27.1% |
| Total equity and liabilities | 10/49 | €75,339 | €53,810 | -€21,529 | -28.6% |
| Equity | 10/15 | €48,102 | €48,817 | +€714 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,969 | €9,683 | +€714 | +8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,109 | €7,823 | +€714 | +10.1% |
| Profit (loss) carried forward | 14 | €20,534 | €20,534 | = | 0.0% |
| Amounts payable | 17/49 | €27,236 | €4,993 | -€22,243 | -81.7% |
| Amounts payable within one year | 42/48 | €27,236 | €4,993 | -€22,243 | -81.7% |
| Financial debts | 43 | €2,535 | €2,524 | -€11 | -0.5% |
| Credit institutions | 430/8 | €2,535 | €2,524 | -€11 | -0.5% |
| Trade debts | 44 | €21,033 | €2,359 | -€18,674 | -88.8% |
| Suppliers | 440/4 | €21,033 | €2,359 | -€18,674 | -88.8% |
| Taxes, remuneration and social security | 45 | €1,584 | - | -€1,584 | |
| Taxes | 450/3 | €1,584 | - | -€1,584 | |
| Other amounts payable | 47/48 | €2,085 | €110 | -€1,975 | -94.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €189,887 | €174,771 | -€15,116 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,560 | €1,829 | -€731 | -28.6% |
| Other operating charges | 640/8 | €1,672 | €1,210 | -€462 | -27.6% |
| Non-recurring operating charges | 66A | - | €1,389 | +€1,389 | |
| Gross operating margin | 9900 | €8,859 | €9,105 | +€247 | +2.8% |
| Operating profit (loss) | 9901 | €4,627 | €4,678 | +€51 | +1.1% |
| Financial income | 75/76B | €1 | €1 | +€1 | +91.4% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +91.4% |
| Financial charges | 65/66B | €332 | €756 | +€425 | +127.9% |
| Recurring financial charges | 65 | €332 | €756 | +€425 | +127.9% |
| Profit (loss) for the period before taxes | 9903 | €4,296 | €3,923 | -€373 | -8.7% |
| Income taxes | 67/77 | €2,765 | €3,208 | +€443 | +16.0% |
| Profit (loss) for the period | 9904 | €1,531 | €714 | -€817 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,531 | €714 | -€817 | -53.3% |
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 10 October 2026 via checked.be.