DERAU MARCEL ET FILS: 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.
DERAU MARCEL ET FILS
Largest movements
- Cash +€250,782
up €250,782 (+210%), from €119,450 to €370,232
mainly Net result for the year (+€177,831) and Investment in fixed assets (net) (+€56,972)
- Tangible fixed assets -€106,232
down €106,232 (-9.0%), from €1.2m to €1.1m
of which Land and buildings: -€106,052
- Reserves +€96,437
up €96,437 (+199%), from €48,536 to €144,973
of which Distributable reserves: +€100,000
- Profit (loss) carried forward +€79,617
up €79,617, from -€79,216 to €401
- Other debts -€29,976
down €29,976 (-55.7%), from €53,779 to €23,804
- Gross operating margin +€178,833
up €178,833 (+333%), from €53,641 to €232,475
- Financial charges -€26,346
down €26,346 (-99.4%), from €26,515 to €168
- Depreciation -€6,091
down €6,091 (-11.0%), from €55,350 to €49,260
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 | €1,353,494 | €1,498,044 | +€144,549 | +10.7% |
| Fixed assets | 21/28 | €1,178,044 | €1,071,811 | -€106,232 | -9.0% |
| Tangible fixed assets | 22/27 | €1,176,479 | €1,070,247 | -€106,232 | -9.0% |
| Land and buildings | 22 | €1,176,119 | €1,070,067 | -€106,052 | -9.0% |
| Other tangible fixed assets | 26 | €360 | €180 | -€180 | -50.0% |
| Financial fixed assets | 28 | €1,565 | €1,565 | = | 0.0% |
| Current assets | 29/58 | €175,450 | €426,232 | +€250,782 | +143% |
| Amounts receivable within one year | 40/41 | €56,000 | €56,000 | = | 0.0% |
| Other amounts receivable | 41 | €56,000 | €56,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €119,450 | €370,232 | +€250,782 | +210% |
| Total equity and liabilities | 10/49 | €1,353,494 | €1,498,044 | +€144,549 | +10.7% |
| Equity | 10/15 | €358,134 | €534,188 | +€176,054 | +49.2% |
| Contributions | 10/11 | €388,814 | €388,814 | = | 0.0% |
| Reserves | 13 | €48,536 | €144,973 | +€96,437 | +199% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €46,677 | €43,114 | -€3,563 | -7.6% |
| Distributable reserves | 133 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | -€79,216 | €401 | +€79,617 | |
| Provisions and deferred taxes | 16 | €45,239 | €43,453 | -€1,786 | -3.9% |
| Deferred taxes | 168 | €45,239 | €43,453 | -€1,786 | -3.9% |
| Amounts payable | 17/49 | €950,121 | €920,403 | -€29,718 | -3.1% |
| Amounts payable after more than one year | 17 | €864,301 | €864,301 | = | 0.0% |
| Financial debts | 170/4 | €569,422 | €569,422 | = | 0.0% |
| Other amounts payable | 178/9 | €294,879 | €294,879 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,820 | €56,102 | -€29,718 | -34.6% |
| Trade debts | 44 | - | €258 | +€258 | |
| Suppliers | 440/4 | - | €258 | +€258 | |
| Taxes, remuneration and social security | 45 | €32,040 | €32,040 | = | 0.0% |
| Taxes | 450/3 | €32,040 | €32,040 | = | 0.0% |
| Other amounts payable | 47/48 | €53,779 | €23,804 | -€29,976 | -55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,350 | €49,260 | -€6,091 | -11.0% |
| Other operating charges | 640/8 | €7,723 | €8,780 | +€1,057 | +13.7% |
| Non-recurring operating charges | 66A | €1,735 | - | -€1,735 | |
| Gross operating margin | 9900 | €53,641 | €232,475 | +€178,833 | +333% |
| Operating profit (loss) | 9901 | -€11,167 | €174,435 | +€185,602 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +1,022% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,022% |
| Financial charges | 65/66B | €26,515 | €168 | -€26,346 | -99.4% |
| Recurring financial charges | 65 | €26,515 | €168 | -€26,346 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,681 | €174,268 | +€211,949 | |
| Transfer from deferred taxes | 780 | €1,786 | €3,563 | +€1,777 | +99.5% |
| Profit (loss) for the period | 9904 | -€35,895 | €177,831 | +€213,726 | |
| Transfer from tax-exempt reserves | 789 | €3,563 | €1,786 | -€1,777 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,332 | €179,617 | +€211,949 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.