DERASS: 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.
DERASS
Largest movements
- Receivables within one year -€25,902
down €25,902 (-69.9%), from €37,046 to €11,145
of which Trade receivables: -€25,371
- Tangible fixed assets -€9,678
no longer reported in 2025 (was €9,678)
- Stocks and contracts +€7,649
new in 2025: €7,649
- Cash -€4,133
down €4,133 (-97.4%), from €4,244 to €111
mainly Net result for the year (-€49,791) and Stocks and contracts (-€7,649)
- Profit (loss) carried forward -€49,791
down €49,791 (-246.5%), from -€20,199 to -€69,990
- Tax, wage and social debts +€18,048
up €18,048 (+87.4%), from €20,647 to €38,695
of which Remuneration and social security: +€15,550
- Trade debts -€6,524
down €6,524 (-60.8%), from €10,727 to €4,203
- Other debts +€6,203
up €6,203 (+29.2%), from €21,242 to €27,445
- Gross operating margin -€45,200
down €45,200, from €6,272 to -€38,928
- Financial income -€1,811
no longer reported in 2025 (was €1,811)
- Depreciation -€510
down €510 (-5.0%), from €10,189 to €9,678
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 | €50,968 | €18,904 | -€32,064 | -62.9% |
| Fixed assets | 21/28 | €9,678 | - | -€9,678 | |
| Tangible fixed assets | 22/27 | €9,678 | - | -€9,678 | |
| Furniture and vehicles | 24 | €9,678 | - | -€9,678 | |
| Current assets | 29/58 | €41,290 | €18,904 | -€22,386 | -54.2% |
| Stocks and contracts in progress | 3 | - | €7,649 | +€7,649 | |
| Stocks | 30/36 | - | €7,649 | +€7,649 | |
| Amounts receivable within one year | 40/41 | €37,046 | €11,145 | -€25,902 | -69.9% |
| Trade receivables | 40 | €31,515 | €6,145 | -€25,371 | -80.5% |
| Other amounts receivable | 41 | €5,531 | €5,000 | -€531 | -9.6% |
| Cash at bank and in hand | 54/58 | €4,244 | €111 | -€4,133 | -97.4% |
| Total equity and liabilities | 10/49 | €50,968 | €18,904 | -€32,064 | -62.9% |
| Equity | 10/15 | -€1,649 | -€51,440 | -€49,791 | -3019.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,199 | -€69,990 | -€49,791 | -246.5% |
| Amounts payable | 17/49 | €52,617 | €70,344 | +€17,727 | +33.7% |
| Amounts payable within one year | 42/48 | €52,617 | €70,344 | +€17,727 | +33.7% |
| Trade debts | 44 | €10,727 | €4,203 | -€6,524 | -60.8% |
| Suppliers | 440/4 | €10,727 | €4,203 | -€6,524 | -60.8% |
| Taxes, remuneration and social security | 45 | €20,647 | €38,695 | +€18,048 | +87.4% |
| Taxes | 450/3 | €5,506 | €8,004 | +€2,498 | +45.4% |
| Remuneration and social security | 454/9 | €15,141 | €30,691 | +€15,550 | +102.7% |
| Other amounts payable | 47/48 | €21,242 | €27,445 | +€6,203 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,189 | €9,678 | -€510 | -5.0% |
| Other operating charges | 640/8 | €555 | €912 | +€357 | +64.2% |
| Gross operating margin | 9900 | €6,272 | -€38,928 | -€45,200 | |
| Operating profit (loss) | 9901 | -€4,472 | -€49,518 | -€45,046 | -1007.3% |
| Financial income | 75/76B | €1,811 | - | -€1,811 | |
| Recurring financial income | 75 | €1,811 | - | -€1,811 | |
| Financial charges | 65/66B | €217 | €132 | -€85 | -39.4% |
| Recurring financial charges | 65 | €217 | €132 | -€85 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,878 | -€49,650 | -€46,772 | -1625.0% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€3,018 | -€49,791 | -€46,773 | -1549.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,018 | -€49,791 | -€46,773 | -1549.9% |
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 11 October 2026 via checked.be.