DERAVCO: 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.
DERAVCO
Largest movements
- Receivables within one year +€64,700
up €64,700 (+175%), from €37,048 to €101,748
of which Trade receivables: +€54,952
- Cash +€40,886
up €40,886 (+30.2%), from €135,184 to €176,070
mainly Net result for the year (+€65,642) and Trade debts (+€36,402)
- Tangible fixed assets -€18,951
down €18,951 (-22.4%), from €84,779 to €65,828
of which Furniture and vehicles: -€16,612
- Trade debts +€36,402
up €36,402 (+303%), from €12,031 to €48,434
- Reserves +€35,642
up €35,642 (+20.9%), from €170,443 to €206,086
- Current portion of long-term debt +€8,703
up €8,703 (+259%), from €3,362 to €12,065
- Tax, wage and social debts +€5,005
up €5,005 (+41.8%), from €11,975 to €16,980
- Gross operating margin -€61,584
down €61,584 (-35.6%), from €172,947 to €111,364
- Taxes -€21,790
down €21,790 (-46.3%), from €47,078 to €25,289
- Depreciation +€3,137
up €3,137 (+19.6%), from €15,993 to €19,130
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 | €258,412 | €343,801 | +€85,389 | +33.0% |
| Fixed assets | 21/28 | €84,934 | €65,983 | -€18,951 | -22.3% |
| Tangible fixed assets | 22/27 | €84,779 | €65,828 | -€18,951 | -22.4% |
| Plant, machinery and equipment | 23 | €1,659 | €1,150 | -€510 | -30.7% |
| Furniture and vehicles | 24 | €67,067 | €50,455 | -€16,612 | -24.8% |
| Other tangible fixed assets | 26 | €16,052 | €14,223 | -€1,829 | -11.4% |
| Financial fixed assets | 28 | €155 | €155 | = | 0.0% |
| Current assets | 29/58 | €173,478 | €277,818 | +€104,340 | +60.1% |
| Amounts receivable within one year | 40/41 | €37,048 | €101,748 | +€64,700 | +175% |
| Trade receivables | 40 | €27,084 | €82,036 | +€54,952 | +203% |
| Other amounts receivable | 41 | €9,964 | €19,711 | +€9,748 | +97.8% |
| Cash at bank and in hand | 54/58 | €135,184 | €176,070 | +€40,886 | +30.2% |
| Deferred charges and accrued income | 490/1 | €1,246 | - | -€1,246 | |
| Total equity and liabilities | 10/49 | €258,412 | €343,801 | +€85,389 | +33.0% |
| Equity | 10/15 | €189,043 | €224,686 | +€35,642 | +18.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170,443 | €206,086 | +€35,642 | +20.9% |
| Distributable reserves | 133 | €170,443 | €206,086 | +€35,642 | +20.9% |
| Amounts payable | 17/49 | €69,368 | €119,115 | +€49,747 | +71.7% |
| Amounts payable within one year | 42/48 | €69,368 | €119,115 | +€49,747 | +71.7% |
| Current portion of amounts payable after more than one year | 42 | €3,362 | €12,065 | +€8,703 | +259% |
| Trade debts | 44 | €12,031 | €48,434 | +€36,402 | +303% |
| Suppliers | 440/4 | €12,031 | €48,434 | +€36,402 | +303% |
| Taxes, remuneration and social security | 45 | €11,975 | €16,980 | +€5,005 | +41.8% |
| Taxes | 450/3 | €11,975 | €16,980 | +€5,005 | +41.8% |
| Other amounts payable | 47/48 | €42,000 | €41,637 | -€363 | -0.9% |
| Non-recurring operating income | 76A | €362 | €4,440 | +€4,078 | +1,127% |
| Remuneration, social security and pensions | 62 | €1,230 | €88 | -€1,141 | -92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,993 | €19,130 | +€3,137 | +19.6% |
| Other operating charges | 640/8 | €349 | €368 | +€19 | +5.3% |
| Gross operating margin | 9900 | €172,947 | €111,364 | -€61,584 | -35.6% |
| Operating profit (loss) | 9901 | €155,376 | €91,778 | -€63,598 | -40.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €704 | €847 | +€142 | +20.2% |
| Recurring financial charges | 65 | €704 | €847 | +€142 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €154,671 | €90,931 | -€63,740 | -41.2% |
| Income taxes | 67/77 | €47,078 | €25,289 | -€21,790 | -46.3% |
| Profit (loss) for the period | 9904 | €107,593 | €65,642 | -€41,951 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,593 | €65,642 | -€41,951 | -39.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.