DERAM MANAGEMENT: 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.
DERAM MANAGEMENT
Largest movements
- Tangible fixed assets -€24,335
down €24,335 (-3.7%), from €665,110 to €640,775
- Cash +€10,414
up €10,414 (+3.1%), from €332,957 to €343,371
mainly Depreciation (+€30,412) and Trade debts (+€1,075)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€129,821
down €129,821 (-69.5%), from €186,889 to €57,068
- Taxes -€25,122
down €25,122 (-95.0%), from €26,450 to €1,328
- Financial charges -€7,015
down €7,015 (-30.2%), from €23,220 to €16,205
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 | €1,001,736 | €987,989 | -€13,747 | -1.4% |
| Fixed assets | 21/28 | €665,110 | €640,775 | -€24,335 | -3.7% |
| Tangible fixed assets | 22/27 | €665,110 | €640,775 | -€24,335 | -3.7% |
| Land and buildings | 22 | €665,110 | €640,775 | -€24,335 | -3.7% |
| Current assets | 29/58 | €336,626 | €347,214 | +€10,588 | +3.1% |
| Amounts receivable within one year | 40/41 | €3,668 | €3,843 | +€174 | +4.8% |
| Trade receivables | 40 | - | €674 | +€674 | |
| Other amounts receivable | 41 | €3,668 | €3,168 | -€500 | -13.6% |
| Cash at bank and in hand | 54/58 | €332,957 | €343,371 | +€10,414 | +3.1% |
| Total equity and liabilities | 10/49 | €1,001,736 | €987,989 | -€13,747 | -1.4% |
| Equity | 10/15 | €569,298 | €564,096 | -€5,202 | -0.9% |
| Contributions | 10/11 | €457,073 | €457,073 | = | 0.0% |
| Reserves | 13 | €112,224 | €112,224 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,310 | €2,310 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,310 | €2,310 | = | 0.0% |
| Distributable reserves | 133 | €109,915 | €109,915 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€5,202 | -€5,202 | |
| Amounts payable | 17/49 | €432,438 | €423,893 | -€8,545 | -2.0% |
| Amounts payable after more than one year | 17 | €399,237 | €391,158 | -€8,079 | -2.0% |
| Other amounts payable | 178/9 | €399,237 | €391,158 | -€8,079 | -2.0% |
| Amounts payable within one year | 42/48 | €29,823 | €29,379 | -€445 | -1.5% |
| Trade debts | 44 | €1,377 | €2,452 | +€1,075 | +78.1% |
| Suppliers | 440/4 | €1,377 | €2,452 | +€1,075 | +78.1% |
| Taxes, remuneration and social security | 45 | €26,563 | €26,927 | +€364 | +1.4% |
| Taxes | 450/3 | €26,563 | €26,927 | +€364 | +1.4% |
| Other amounts payable | 47/48 | €1,883 | €0 | -€1,883 | -100% |
| Accrued charges and deferred income | 492/3 | €3,378 | €3,356 | -€22 | -0.6% |
| Non-recurring operating income | 76A | €115,843 | €0 | -€115,843 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,006 | €30,412 | +€406 | +1.4% |
| Other operating charges | 640/8 | €14,444 | €14,325 | -€119 | -0.8% |
| Gross operating margin | 9900 | €186,889 | €57,068 | -€129,821 | -69.5% |
| Operating profit (loss) | 9901 | €142,439 | €12,331 | -€130,108 | -91.3% |
| Financial charges | 65/66B | €23,220 | €16,205 | -€7,015 | -30.2% |
| Recurring financial charges | 65 | €23,220 | €16,205 | -€7,015 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €119,220 | -€3,874 | -€123,094 | |
| Income taxes | 67/77 | €26,450 | €1,328 | -€25,122 | -95.0% |
| Profit (loss) for the period | 9904 | €92,770 | -€5,202 | -€97,972 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,770 | -€5,202 | -€97,972 |
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 23 October 2026 via checked.be.