DERAM SYSTEMS: 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 SYSTEMS
Largest movements
- Receivables within one year -€92,449
down €92,449 (-13.8%), from €668,236 to €575,787
of which Trade receivables: -€80,640
- Cash -€52,664
down €52,664 (-83.2%), from €63,310 to €10,646
mainly Net result for the year (-€203,723) and Trade debts (-€147,083)
- Reserves -€203,723
down €203,723 (-63.9%), from €318,945 to €115,222
- Debts after one year +€148,541
up €148,541 (+23.2%), from €640,170 to €788,711
- Trade debts -€147,083
down €147,083 (-26.2%), from €560,592 to €413,509
- Current portion of long-term debt +€37,517
up €37,517 (+65.8%), from €57,020 to €94,536
- Gross operating margin -€230,548
down €230,548 (-28.0%), from €824,834 to €594,287
- Depreciation +€26,871
up €26,871 (+43.3%), from €62,072 to €88,943
- Staff costs -€26,363
down €26,363 (-3.9%), from €680,171 to €653,808
- Taxes -€9,485
no longer reported in 2025 (was €9,485)
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 | €2,347,627 | €2,175,491 | -€172,136 | -7.3% |
| Fixed assets | 21/28 | €981,406 | €967,343 | -€14,063 | -1.4% |
| Tangible fixed assets | 22/27 | €968,398 | €954,336 | -€14,063 | -1.5% |
| Land and buildings | 22 | €828,152 | €808,715 | -€19,437 | -2.3% |
| Plant, machinery and equipment | 23 | €28,949 | €15,827 | -€13,122 | -45.3% |
| Furniture and vehicles | 24 | €79,451 | €107,145 | +€27,694 | +34.9% |
| Other tangible fixed assets | 26 | €31,846 | €22,648 | -€9,198 | -28.9% |
| Financial fixed assets | 28 | €13,007 | €13,007 | = | 0.0% |
| Current assets | 29/58 | €1,366,221 | €1,208,148 | -€158,073 | -11.6% |
| Stocks and contracts in progress | 3 | €629,148 | €621,715 | -€7,433 | -1.2% |
| Stocks | 30/36 | €563,648 | €357,834 | -€205,814 | -36.5% |
| Contracts in progress | 37 | €65,500 | €263,881 | +€198,381 | +303% |
| Amounts receivable within one year | 40/41 | €668,236 | €575,787 | -€92,449 | -13.8% |
| Trade receivables | 40 | €585,243 | €504,603 | -€80,640 | -13.8% |
| Other amounts receivable | 41 | €82,993 | €71,184 | -€11,809 | -14.2% |
| Cash at bank and in hand | 54/58 | €63,310 | €10,646 | -€52,664 | -83.2% |
| Deferred charges and accrued income | 490/1 | €5,527 | - | -€5,527 | |
| Total equity and liabilities | 10/49 | €2,347,627 | €2,175,491 | -€172,136 | -7.3% |
| Equity | 10/15 | €337,545 | €133,822 | -€203,723 | -60.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €318,945 | €115,222 | -€203,723 | -63.9% |
| Distributable reserves | 133 | €318,945 | €115,222 | -€203,723 | -63.9% |
| Amounts payable | 17/49 | €2,010,082 | €2,041,670 | +€31,588 | +1.6% |
| Amounts payable after more than one year | 17 | €640,170 | €788,711 | +€148,541 | +23.2% |
| Financial debts | 170/4 | €640,170 | €788,711 | +€148,541 | +23.2% |
| Amounts payable within one year | 42/48 | €1,369,912 | €1,252,958 | -€116,953 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €57,020 | €94,536 | +€37,517 | +65.8% |
| Financial debts | 43 | €475,000 | €475,000 | = | 0.0% |
| Credit institutions | 430/8 | €475,000 | €475,000 | = | 0.0% |
| Trade debts | 44 | €560,592 | €413,509 | -€147,083 | -26.2% |
| Suppliers | 440/4 | €560,592 | €413,509 | -€147,083 | -26.2% |
| Taxes, remuneration and social security | 45 | €32,950 | €29,913 | -€3,037 | -9.2% |
| Taxes | 450/3 | €10,935 | €11,042 | +€107 | +1.0% |
| Remuneration and social security | 454/9 | €22,015 | €18,871 | -€3,144 | -14.3% |
| Other amounts payable | 47/48 | €244,351 | €240,000 | -€4,351 | -1.8% |
| Remuneration, social security and pensions | 62 | €680,171 | €653,808 | -€26,363 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,072 | €88,943 | +€26,871 | +43.3% |
| Other operating charges | 640/8 | €3,072 | €7,228 | +€4,156 | +135% |
| Gross operating margin | 9900 | €824,834 | €594,287 | -€230,548 | -28.0% |
| Operating profit (loss) | 9901 | €79,520 | -€155,693 | -€235,213 | |
| Financial income | 75/76B | €9 | €375 | +€367 | +4,257% |
| Recurring financial income | 75 | €9 | €375 | +€367 | +4,257% |
| Financial charges | 65/66B | €47,294 | €48,405 | +€1,112 | +2.4% |
| Recurring financial charges | 65 | €47,294 | €48,405 | +€1,112 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €32,234 | -€203,723 | -€235,958 | |
| Income taxes | 67/77 | €9,485 | - | -€9,485 | |
| Profit (loss) for the period | 9904 | €22,749 | -€203,723 | -€226,472 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,749 | -€203,723 | -€226,472 |
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 13 October 2026 via checked.be.