DERDAELE +: 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.
What changed
DERDAELE +
NACE 25.110, Manufacture of metal structures and parts of structures
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €1.1m+€397,212
Equity
€5.5m
2024 · €6.0m-€494,723
Cash
€1.7m
2024 · €1.7m+€54,107
Balance sheet total
€14.2m
2024 · €17.3m-€3.0m
Largest movements
Assets
- Receivables within one year -€3.7m
down €3.7m (-35.5%), from €10.5m to €6.8m
of which Trade receivables: -€3.1m
- Current investments +€1.0m
new in 2025: €1.0m
Equity and liabilities
- Trade debts -€1.1m
down €1.1m (-28.6%), from €4.0m to €2.8m
- Advances received -€876,005
down €876,005 (-28.0%), from €3.1m to €2.3m
- Reserves -€494,723
down €494,723 (-8.5%), from €5.8m to €5.3m
- Debts after one year -€365,582
down €365,582 (-19.5%), from €1.9m to €1.5m
- Short-term financial debts -€300,061
down €300,061 (-74.8%), from €401,257 to €101,196
Income statement
- Turnover -€3.8m
down €3.8m (-10.5%), from €36.6m to €32.8m
- Goods and materials -€1.3m
down €1.3m (-5.6%), from €23.0m to €21.7m
- Services and other goods -€375,466
down €375,466 (-6.4%), from €5.9m to €5.5m
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.
Result 2024
€1.1m
Turnover
-€3.8m
Other operating income
-€68,869
Goods and materials
+€1.3m
Services and other goods
+€375,466
Staff costs
-€176,860
Depreciation
-€31,909
Other operating charges
-€11,298
Other operating items
+€3.0m
Financial income
-€23,722
Financial charges
+€11,386
Taxes
-€134,396
Result 2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€4.2m
Investment
-€1.5m
Financing
-€2.7m
Cash 2024
€1.7m
From operations (derived)
+€4.2m
Net result for the year
+€1.5m
Depreciation
+€647,023
Stocks and contracts
+€148,128
Receivables within one year
+€3.7m
Deferred charges and accrued income
+€14,006
Trade debts
-€1.1m
Tax, wage and social debts
+€161,917
Advances received
-€876,005
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€488,328
Current investments
-€1.0m
Financing
-€2.7m
Debts after one year
-€365,582
Current portion of long-term debt
+€6,683
Short-term financial debts
-€300,061
Contributions, distributions and other
-€2.0m
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,255,050 | €14,248,508 | -€3.0m | -17.4% |
| Fixed assets | 21/28 | €4,233,859 | €4,075,164 | -€158,695 | -3.7% |
| Tangible fixed assets | 22/27 | €4,211,390 | €4,041,845 | -€169,545 | -4.0% |
| Land and buildings | 22 | €3,426,998 | €3,153,932 | -€273,066 | -8.0% |
| Plant, machinery and equipment | 23 | €637,327 | €589,341 | -€47,986 | -7.5% |
| Furniture and vehicles | 24 | €147,065 | €298,572 | +€151,507 | +103% |
| Financial fixed assets | 28 | €22,469 | €33,319 | +€10,850 | +48.3% |
| Other financial fixed assets | 284/8 | €22,469 | €33,319 | +€10,850 | +48.3% |
| Shares | 284 | €21,000 | €31,850 | +€10,850 | +51.7% |
| Amounts receivable and cash guarantees | 285/8 | €1,469 | €1,469 | -€0 | 0.0% |
| Current assets | 29/58 | €13,021,191 | €10,173,345 | -€2.8m | -21.9% |
| Stocks and contracts in progress | 3 | €708,039 | €559,911 | -€148,128 | -20.9% |
| Contracts in progress | 37 | €708,039 | €559,911 | -€148,128 | -20.9% |
| Amounts receivable within one year | 40/41 | €10,524,990 | €6,785,170 | -€3.7m | -35.5% |
| Trade receivables | 40 | €8,887,195 | €5,830,799 | -€3.1m | -34.4% |
| Other amounts receivable | 41 | €1,637,795 | €954,371 | -€683,424 | -41.7% |
| Current investments | 50/53 | - | €1,000,000 | +€1.0m | |
| Other investments | 51/53 | - | €1,000,000 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €1,651,320 | €1,705,427 | +€54,107 | +3.3% |
| Deferred charges and accrued income | 490/1 | €136,842 | €122,836 | -€14,006 | -10.2% |
| Total equity and liabilities | 10/49 | €17,255,050 | €14,248,508 | -€3.0m | -17.4% |
| Equity | 10/15 | €6,009,983 | €5,515,260 | -€494,723 | -8.2% |
| Contributions | 10/11 | €172,100 | €172,100 | = | 0.0% |
| Reserves | 13 | €5,837,883 | €5,343,160 | -€494,723 | -8.5% |
| Distributable reserves | 133 | €5,837,883 | €5,343,160 | -€494,723 | -8.5% |
| Amounts payable | 17/49 | €11,245,067 | €8,733,248 | -€2.5m | -22.3% |
| Amounts payable after more than one year | 17 | €1,873,531 | €1,507,949 | -€365,582 | -19.5% |
| Financial debts | 170/4 | €1,873,531 | €1,507,949 | -€365,582 | -19.5% |
| Credit institutions | 173 | €1,873,531 | €1,507,949 | -€365,582 | -19.5% |
| Amounts payable within one year | 42/48 | €9,371,536 | €7,225,299 | -€2.1m | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €358,899 | €365,582 | +€6,683 | +1.9% |
| Financial debts | 43 | €401,257 | €101,196 | -€300,061 | -74.8% |
| Credit institutions | 430/8 | €401,257 | €101,196 | -€300,061 | -74.8% |
| Trade debts | 44 | €3,985,540 | €2,846,769 | -€1.1m | -28.6% |
| Suppliers | 440/4 | €3,985,540 | €2,846,769 | -€1.1m | -28.6% |
| Advances received on contracts in progress | 46 | €3,132,758 | €2,256,753 | -€876,005 | -28.0% |
| Taxes, remuneration and social security | 45 | €493,082 | €654,999 | +€161,917 | +32.8% |
| Taxes | 450/3 | €19,258 | €124,085 | +€104,827 | +544% |
| Remuneration and social security | 454/9 | €473,824 | €530,913 | +€57,089 | +12.0% |
| Other amounts payable | 47/48 | €1,000,000 | €1,000,000 | = | 0.0% |
| Operating income | 70/76A | €34,527,458 | €33,629,498 | -€897,960 | -2.6% |
| Turnover | 70 | €36,627,777 | €32,778,996 | -€3.8m | -10.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€2,296,532 | €727,877 | +€3.0m | |
| Other operating income | 74 | €120,213 | €51,344 | -€68,869 | -57.3% |
| Non-recurring operating income | 76A | €76,000 | €71,281 | -€4,719 | -6.2% |
| Operating charges | 60/66A | €33,052,741 | €31,610,836 | -€1.4m | -4.4% |
| Goods for resale, raw materials and consumables | 60 | €22,963,430 | €21,676,924 | -€1.3m | -5.6% |
| Purchases | 600/8 | €22,963,430 | €21,676,924 | -€1.3m | -5.6% |
| Services and other goods | 61 | €5,911,632 | €5,536,166 | -€375,466 | -6.4% |
| Remuneration, social security and pensions | 62 | €3,468,407 | €3,645,267 | +€176,860 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615,114 | €647,023 | +€31,909 | +5.2% |
| Other operating charges | 640/8 | €94,158 | €105,456 | +€11,298 | +12.0% |
| Operating profit (loss) | 9901 | €1,474,717 | €2,018,662 | +€543,945 | +36.9% |
| Financial income | 75/76B | €205,289 | €181,567 | -€23,722 | -11.6% |
| Recurring financial income | 75 | €205,289 | €181,567 | -€23,722 | -11.6% |
| Other financial income | 752/9 | €205,289 | €181,567 | -€23,722 | -11.6% |
| Financial charges | 65/66B | €97,663 | €86,277 | -€11,386 | -11.7% |
| Recurring financial charges | 65 | €97,663 | €86,277 | -€11,386 | -11.7% |
| Debt charges | 650 | €96,193 | €84,808 | -€11,385 | -11.8% |
| Other financial charges | 652/9 | €1,470 | €1,469 | -€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €1,582,343 | €2,113,951 | +€531,608 | +33.6% |
| Income taxes | 67/77 | €474,278 | €608,674 | +€134,396 | +28.3% |
| Taxes | 670/3 | €474,278 | €608,674 | +€134,396 | +28.3% |
| Profit (loss) for the period | 9904 | €1,108,065 | €1,505,277 | +€397,212 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,108,065 | €1,505,277 | +€397,212 | +35.8% |
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 14 October 2026 via checked.be.