Derano: 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.
Derano
Largest movements
- Tangible fixed assets -€11,188
down €11,188 (-13.9%), from €80,592 to €69,404
of which Land and buildings: -€6,272
- Deferred charges and accrued income -€4,930
down €4,930 (-85.2%), from €5,787 to €857
- Cash -€3,534
down €3,534 (-14.6%), from €24,129 to €20,595
mainly Contributions, distributions and other (-€49,900) and Debts after one year (-€5,964)
- Receivables within one year -€1,313
down €1,313 (-7.3%), from €17,956 to €16,643
of which Other amounts receivable: -€1,225
- Reserves -€48,129
down €48,129 (-87.2%), from €55,205 to €7,076
- Other debts +€35,000
up €35,000 (+233%), from €15,000 to €50,000
- Debts after one year -€5,964
down €5,964 (-43.7%), from €13,638 to €7,674
- Tax, wage and social debts -€1,703
down €1,703 (-8.7%), from €19,583 to €17,880
- Gross operating margin -€4,046
down €4,046 (-17.4%), from €23,213 to €19,167
- Taxes -€354
down €354 (-7.0%), from €5,084 to €4,730
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 | €128,514 | €107,549 | -€20,965 | -16.3% |
| Fixed assets | 21/28 | €80,642 | €69,454 | -€11,188 | -13.9% |
| Tangible fixed assets | 22/27 | €80,592 | €69,404 | -€11,188 | -13.9% |
| Land and buildings | 22 | €72,780 | €66,508 | -€6,272 | -8.6% |
| Plant, machinery and equipment | 23 | €1,918 | €888 | -€1,030 | -53.7% |
| Furniture and vehicles | 24 | €5,894 | €2,008 | -€3,886 | -65.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €47,872 | €38,095 | -€9,777 | -20.4% |
| Amounts receivable within one year | 40/41 | €17,956 | €16,643 | -€1,313 | -7.3% |
| Trade receivables | 40 | €12,614 | €12,526 | -€88 | -0.7% |
| Other amounts receivable | 41 | €5,342 | €4,117 | -€1,225 | -22.9% |
| Cash at bank and in hand | 54/58 | €24,129 | €20,595 | -€3,534 | -14.6% |
| Deferred charges and accrued income | 490/1 | €5,787 | €857 | -€4,930 | -85.2% |
| Total equity and liabilities | 10/49 | €128,514 | €107,549 | -€20,965 | -16.3% |
| Equity | 10/15 | €73,705 | €25,676 | -€48,029 | -65.2% |
| Contributions | 10/11 | €18,500 | €18,600 | +€100 | +0.5% |
| Reserves | 13 | €55,205 | €7,076 | -€48,129 | -87.2% |
| Distributable reserves | 133 | €55,205 | €7,076 | -€48,129 | -87.2% |
| Amounts payable | 17/49 | €54,809 | €81,873 | +€27,064 | +49.4% |
| Amounts payable after more than one year | 17 | €13,638 | €7,674 | -€5,964 | -43.7% |
| Financial debts | 170/4 | €13,638 | €7,674 | -€5,964 | -43.7% |
| Amounts payable within one year | 42/48 | €41,171 | €74,199 | +€33,028 | +80.2% |
| Current portion of amounts payable after more than one year | 42 | €5,813 | €5,964 | +€151 | +2.6% |
| Trade debts | 44 | €775 | €355 | -€420 | -54.2% |
| Suppliers | 440/4 | €775 | €355 | -€420 | -54.2% |
| Taxes, remuneration and social security | 45 | €19,583 | €17,880 | -€1,703 | -8.7% |
| Taxes | 450/3 | €19,583 | €17,880 | -€1,703 | -8.7% |
| Other amounts payable | 47/48 | €15,000 | €50,000 | +€35,000 | +233% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,916 | €11,107 | +€191 | +1.7% |
| Other operating charges | 640/8 | €1,141 | €1,082 | -€59 | -5.2% |
| Gross operating margin | 9900 | €23,213 | €19,167 | -€4,046 | -17.4% |
| Operating profit (loss) | 9901 | €11,156 | €6,978 | -€4,178 | -37.5% |
| Financial income | 75/76B | €364 | €276 | -€88 | -24.2% |
| Recurring financial income | 75 | €364 | €276 | -€88 | -24.2% |
| Financial charges | 65/66B | €800 | €653 | -€147 | -18.4% |
| Recurring financial charges | 65 | €800 | €653 | -€147 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €10,720 | €6,601 | -€4,119 | -38.4% |
| Income taxes | 67/77 | €5,084 | €4,730 | -€354 | -7.0% |
| Profit (loss) for the period | 9904 | €5,636 | €1,871 | -€3,765 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,636 | €1,871 | -€3,765 | -66.8% |
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 27 October 2026 via checked.be.