Derco Groep: 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.
Derco Groep
Largest movements
- Receivables within one year +€32,525
up €32,525 (+2,955%), from €1,101 to €33,626
of which Trade receivables: +€33,191
- Tangible fixed assets +€15,363
up €15,363 (+3,013%), from €510 to €15,873
- Cash +€13,001
up €13,001 (+1,583%), from €821 to €13,822
mainly Other debts (+€26,032) and Trade debts (+€21,639)
- Financial fixed assets +€1,500
new in 2025: €1,500
- Other debts +€26,032
new in 2025: €26,032
- Trade debts +€21,639
up €21,639 (+46,070%), from €47 to €21,686
- Tax, wage and social debts +€13,490
up €13,490 (+1,802%), from €749 to €14,238
of which Remuneration and social security: +€7,102
- Reserves +€1,228
new in 2025: €1,228
- Gross operating margin +€41,317
up €41,317, from -€2,386 to €38,931
- Staff costs +€31,960
new in 2025: €31,960
- Depreciation +€2,766
up €2,766 (+600%), from €461 to €3,227
- Financial charges +€682
up €682 (+1,746%), from €39 to €721
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 | €2,432 | €64,820 | +€62,389 | +2,566% |
| Fixed assets | 21/28 | €510 | €17,373 | +€16,863 | +3,307% |
| Tangible fixed assets | 22/27 | €510 | €15,873 | +€15,363 | +3,013% |
| Furniture and vehicles | 24 | €510 | €15,873 | +€15,363 | +3,013% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €1,922 | €47,447 | +€45,526 | +2,369% |
| Amounts receivable within one year | 40/41 | €1,101 | €33,626 | +€32,525 | +2,955% |
| Trade receivables | 40 | €0 | €33,191 | +€33,191 | |
| Other amounts receivable | 41 | €1,101 | €434 | -€666 | -60.5% |
| Cash at bank and in hand | 54/58 | €821 | €13,822 | +€13,001 | +1,583% |
| Total equity and liabilities | 10/49 | €2,432 | €64,820 | +€62,389 | +2,566% |
| Equity | 10/15 | €1,636 | €2,864 | +€1,228 | +75.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €1,228 | +€1,228 | |
| Distributable reserves | 133 | - | €1,228 | +€1,228 | |
| Profit (loss) carried forward | 14 | -€864 | -€864 | = | 0.0% |
| Amounts payable | 17/49 | €796 | €61,957 | +€61,161 | +7,687% |
| Amounts payable within one year | 42/48 | €796 | €61,957 | +€61,161 | +7,687% |
| Trade debts | 44 | €47 | €21,686 | +€21,639 | +46,070% |
| Suppliers | 440/4 | €47 | €21,686 | +€21,639 | +46,070% |
| Taxes, remuneration and social security | 45 | €749 | €14,238 | +€13,490 | +1,802% |
| Taxes | 450/3 | €749 | €7,137 | +€6,388 | +853% |
| Remuneration and social security | 454/9 | €0 | €7,102 | +€7,102 | |
| Other amounts payable | 47/48 | - | €26,032 | +€26,032 | |
| Remuneration, social security and pensions | 62 | - | €31,960 | +€31,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €461 | €3,227 | +€2,766 | +600% |
| Other operating charges | 640/8 | €854 | €1,164 | +€310 | +36.3% |
| Non-recurring operating charges | 66A | - | €510 | +€510 | |
| Gross operating margin | 9900 | -€2,386 | €38,931 | +€41,317 | |
| Operating profit (loss) | 9901 | -€3,701 | €2,070 | +€5,771 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €39 | €721 | +€682 | +1,746% |
| Recurring financial charges | 65 | €39 | €721 | +€682 | +1,746% |
| Profit (loss) for the period before taxes | 9903 | -€3,740 | €1,351 | +€5,091 | |
| Income taxes | 67/77 | €0 | €123 | +€123 | |
| Profit (loss) for the period | 9904 | -€3,740 | €1,228 | +€4,968 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,740 | €1,228 | +€4,968 |
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 21 October 2026 via checked.be.