DERAEVE: 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.
DERAEVE
Largest movements
- Current investments +€2.3m
new in 2025: €2.3m
- Financial fixed assets -€63,307
down €63,307 (-100.0%), from €63,307 to €0
- Reserves +€2.0m
up €2.0m (+2363.0%), from €86,294 to €2.1m
- Tax, wage and social debts +€203,303
up €203,303, from €0 to €203,303
- Gross operating margin +€1.8m
up €1.8m, from -€2,033 to €1.8m
- Financial income +€403,068
up €403,068, from €0 to €403,068
- Taxes +€204,223
up €204,223, from €0 to €204,223
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 | €128,590 | €2,374,126 | +€2.2m | +1746.3% |
| Fixed assets | 21/28 | €63,307 | €0 | -€63,307 | -100.0% |
| Financial fixed assets | 28 | €63,307 | €0 | -€63,307 | -100.0% |
| Current assets | 29/58 | €65,283 | €2,374,126 | +€2.3m | +3536.7% |
| Current investments | 50/53 | - | €2,300,000 | +€2.3m | |
| Cash at bank and in hand | 54/58 | €65,283 | €74,126 | +€8,844 | +13.5% |
| Total equity and liabilities | 10/49 | €128,590 | €2,374,126 | +€2.2m | +1746.3% |
| Equity | 10/15 | €128,590 | €2,170,824 | +€2.0m | +1588.2% |
| Contributions | 10/11 | €45,370 | €45,370 | = | 0.0% |
| Reserves | 13 | €86,294 | €2,125,453 | +€2.0m | +2363.0% |
| Distributable reserves | 133 | €86,294 | €2,125,453 | +€2.0m | +2363.0% |
| Profit (loss) carried forward | 14 | -€3,075 | €0 | +€3,075 | |
| Amounts payable | 17/49 | €0 | €203,303 | +€203,303 | |
| Amounts payable within one year | 42/48 | €0 | €203,303 | +€203,303 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €203,303 | +€203,303 | |
| Taxes | 450/3 | €0 | €203,303 | +€203,303 | |
| Non-recurring operating income | 76A | - | €1,846,543 | +€1.8m | |
| Other operating charges | 640/8 | €1,018 | €544 | -€475 | -46.6% |
| Gross operating margin | 9900 | -€2,033 | €1,843,957 | +€1.8m | |
| Operating profit (loss) | 9901 | -€3,051 | €1,843,413 | +€1.8m | |
| Financial income | 75/76B | €0 | €403,068 | +€403,068 | |
| Recurring financial income | 75 | €0 | €403,068 | +€403,068 | |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,075 | €2,246,457 | +€2.2m | |
| Income taxes | 67/77 | €0 | €204,223 | +€204,223 | |
| Profit (loss) for the period | 9904 | -€3,075 | €2,042,234 | +€2.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,075 | €2,042,234 | +€2.0m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.