DERCO SYSTEME: 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.
DERCO SYSTEME
Largest movements
- Cash +€110,895
up €110,895 (+29.2%), from €379,133 to €490,028
mainly Stocks and contracts (+€99,116) and Trade debts (+€41,182)
- Stocks and contracts -€99,116
down €99,116 (-26.6%), from €373,115 to €273,999
- Receivables within one year +€58,976
up €58,976 (+22.5%), from €262,679 to €321,656
of which Other amounts receivable: +€41,181
- Trade debts +€41,182
up €41,182 (+20.6%), from €199,650 to €240,832
- Other debts +€28,031
up €28,031 (+31.1%), from €90,142 to €118,172
- Purchases and services +€208,287
up €208,287 (+23.2%), from €896,426 to €1.1m
- Turnover +€102,573
up €102,573 (+8.9%), from €1.1m to €1.3m
- Gross operating margin -€100,034
down €100,034 (-34.5%), from €289,643 to €189,609
- Taxes -€24,064
down €24,064 (-66.8%), from €36,026 to €11,962
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 | €1,015,608 | €1,086,390 | +€70,782 | +7.0% |
| Fixed assets | 21/28 | €80 | €80 | = | 0.0% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €1,015,528 | €1,086,310 | +€70,782 | +7.0% |
| Stocks and contracts in progress | 3 | €373,115 | €273,999 | -€99,116 | -26.6% |
| Stocks | 30/36 | €373,115 | €273,999 | -€99,116 | -26.6% |
| Amounts receivable within one year | 40/41 | €262,679 | €321,656 | +€58,976 | +22.5% |
| Trade receivables | 40 | €142,873 | €160,668 | +€17,795 | +12.5% |
| Other amounts receivable | 41 | €119,806 | €160,988 | +€41,181 | +34.4% |
| Cash at bank and in hand | 54/58 | €379,133 | €490,028 | +€110,895 | +29.2% |
| Deferred charges and accrued income | 490/1 | €601 | €627 | +€26 | +4.4% |
| Total equity and liabilities | 10/49 | €1,015,608 | €1,086,390 | +€70,782 | +7.0% |
| Equity | 10/15 | €684,006 | €688,883 | +€4,877 | +0.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Outside capital | 11 | €19,000 | €19,000 | = | 0.0% |
| Other | 1109/19 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €663,106 | €667,983 | +€4,877 | +0.7% |
| Amounts payable | 17/49 | €331,601 | €397,507 | +€65,905 | +19.9% |
| Amounts payable within one year | 42/48 | €331,356 | €397,507 | +€66,150 | +20.0% |
| Trade debts | 44 | €199,650 | €240,832 | +€41,182 | +20.6% |
| Suppliers | 440/4 | €199,650 | €240,832 | +€41,182 | +20.6% |
| Taxes, remuneration and social security | 45 | €41,565 | €38,503 | -€3,062 | -7.4% |
| Taxes | 450/3 | €22,565 | €13,066 | -€9,499 | -42.1% |
| Remuneration and social security | 454/9 | €18,999 | €25,437 | +€6,437 | +33.9% |
| Other amounts payable | 47/48 | €90,142 | €118,172 | +€28,031 | +31.1% |
| Accrued charges and deferred income | 492/3 | €245 | €0 | -€245 | -100.0% |
| Turnover | 70 | €1,148,188 | €1,250,761 | +€102,573 | +8.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €896,426 | €1,104,713 | +€208,287 | +23.2% |
| Remuneration, social security and pensions | 62 | €142,197 | €138,564 | -€3,634 | -2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,042 | €3,629 | -€1,412 | -28.0% |
| Other operating charges | 640/8 | €3,139 | €1,400 | -€1,738 | -55.4% |
| Gross operating margin | 9900 | €289,643 | €189,609 | -€100,034 | -34.5% |
| Operating profit (loss) | 9901 | €139,265 | €46,015 | -€93,250 | -67.0% |
| Financial income | 75/76B | €1,338 | €213 | -€1,125 | -84.1% |
| Recurring financial income | 75 | €1,338 | €213 | -€1,125 | -84.1% |
| Financial charges | 65/66B | €2,230 | €2,390 | +€160 | +7.2% |
| Recurring financial charges | 65 | €2,230 | €2,390 | +€160 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €138,374 | €43,839 | -€94,535 | -68.3% |
| Income taxes | 67/77 | €36,026 | €11,962 | -€24,064 | -66.8% |
| Profit (loss) for the period | 9904 | €102,348 | €31,877 | -€70,471 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €102,348 | €31,877 | -€70,471 | -68.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.