DERCETECH: what changed
Two fiscal 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.
DERCETECH
Largest movements
- Cash +€53,538
up €53,538 (+133.6%), from €40,071 to €93,609
mainly Net result for the year (+€33,485) and Advances received (+€18,519)
- Intangible fixed assets +€9,675
up €9,675 (+39.6%), from €24,441 to €34,116
- Tangible fixed assets -€8,082
down €8,082 (-12.9%), from €62,727 to €54,645
of which Plant, machinery and equipment: -€4,838
- Advances received +€18,519
new in 2024: €18,519
- Profit (loss) carried forward +€17,485
up €17,485 (+10.4%), from €168,590 to €186,076
- Tax, wage and social debts +€10,590
up €10,590 (+81.9%), from €12,932 to €23,522
of which Remuneration and social security: +€7,848
- Trade debts +€7,460
up €7,460 (+53.7%), from €13,895 to €21,355
- Gross operating margin +€34,102
up €34,102 (+36.2%), from €94,137 to €128,239
- Depreciation +€6,634
up €6,634 (+67.5%), from €9,829 to €16,462
- Taxes +€2,290
up €2,290 (+107.1%), from €2,139 to €4,429
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €457,017 | €515,824 | +€58,808 | +12.9% |
| Fixed assets | 21/28 | €87,168 | €88,761 | +€1,593 | +1.8% |
| Intangible fixed assets | 21 | €24,441 | €34,116 | +€9,675 | +39.6% |
| Tangible fixed assets | 22/27 | €62,727 | €54,645 | -€8,082 | -12.9% |
| Plant, machinery and equipment | 23 | €52,841 | €48,004 | -€4,838 | -9.2% |
| Furniture and vehicles | 24 | €8,299 | €5,584 | -€2,715 | -32.7% |
| Other tangible fixed assets | 26 | €1,587 | €1,058 | -€529 | -33.3% |
| Current assets | 29/58 | €369,849 | €427,063 | +€57,214 | +15.5% |
| Amounts receivable within one year | 40/41 | €18,535 | €22,203 | +€3,668 | +19.8% |
| Trade receivables | 40 | €18,453 | €21,841 | +€3,388 | +18.4% |
| Other amounts receivable | 41 | €83 | €362 | +€280 | +337.8% |
| Current investments | 50/53 | €305,627 | €305,627 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,071 | €93,609 | +€53,538 | +133.6% |
| Deferred charges and accrued income | 490/1 | €5,616 | €5,625 | +€8 | +0.1% |
| Total equity and liabilities | 10/49 | €457,017 | €515,824 | +€58,808 | +12.9% |
| Equity | 10/15 | €182,850 | €200,336 | +€17,485 | +9.6% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,590 | €186,076 | +€17,485 | +10.4% |
| Amounts payable | 17/49 | €274,166 | €315,488 | +€41,322 | +15.1% |
| Amounts payable after more than one year | 17 | €170,000 | €170,000 | = | 0.0% |
| Trade debts | 175 | €170,000 | €170,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €104,166 | €145,488 | +€41,322 | +39.7% |
| Trade debts | 44 | €13,895 | €21,355 | +€7,460 | +53.7% |
| Suppliers | 440/4 | €13,895 | €21,355 | +€7,460 | +53.7% |
| Advances received on contracts in progress | 46 | - | €18,519 | +€18,519 | |
| Taxes, remuneration and social security | 45 | €12,932 | €23,522 | +€10,590 | +81.9% |
| Taxes | 450/3 | €2,052 | €4,794 | +€2,742 | +133.6% |
| Remuneration and social security | 454/9 | €10,880 | €18,728 | +€7,848 | +72.1% |
| Other amounts payable | 47/48 | €77,339 | €82,092 | +€4,754 | +6.1% |
| Remuneration, social security and pensions | 62 | €73,314 | €74,252 | +€938 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,829 | €16,462 | +€6,634 | +67.5% |
| Other operating charges | 640/8 | €459 | €462 | +€3 | +0.6% |
| Gross operating margin | 9900 | €94,137 | €128,239 | +€34,102 | +36.2% |
| Operating profit (loss) | 9901 | €10,535 | €37,063 | +€26,527 | +251.8% |
| Financial income | 75/76B | €641 | €933 | +€292 | +45.6% |
| Recurring financial income | 75 | €641 | €933 | +€292 | +45.6% |
| Financial charges | 65/66B | €370 | €81 | -€289 | -78.1% |
| Recurring financial charges | 65 | €370 | €81 | -€289 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | €10,806 | €37,914 | +€27,109 | +250.9% |
| Income taxes | 67/77 | €2,139 | €4,429 | +€2,290 | +107.1% |
| Profit (loss) for the period | 9904 | €8,667 | €33,485 | +€24,819 | +286.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,667 | €33,485 | +€24,819 | +286.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.