Derdaele Group: 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 Group
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5.3m
2024 · €905,730+€4.4m
Equity
€15.7m
2024 · €10.3m+€5.3m
Cash
€358,881
2024 · €2.5m-€2.1m
Balance sheet total
€25.9m
2024 · €17.8m+€8.1m
Largest movements
Assets
- Receivables within one year +€3.5m
up €3.5m (+252%), from €1.4m to €4.9m
of which Other amounts receivable: +€4.1m
- Financial fixed assets +€3.0m
up €3.0m (+123%), from €2.5m to €5.5m
of which Affiliated companies: +€3.0m
- Cash -€2.1m
down €2.1m (-85.7%), from €2.5m to €358,881
mainly Investment in fixed assets (net) (-€3.5m) and Receivables within one year (-€3.5m)
- Stocks and contracts +€1.7m
new in 2025: €1.7m
- Receivables after one year +€1.1m
new in 2025: €1.1m
Equity and liabilities
- Reserves +€5.3m
up €5.3m (+71.6%), from €7.4m to €12.7m
of which Distributable reserves: +€3.9m
- Other debts +€1.2m
up €1.2m (+41.1%), from €3.0m to €4.3m
- Trade debts +€570,258
up €570,258 (+354%), from €161,039 to €731,297
- Debts after one year +€494,049
up €494,049 (+15.0%), from €3.3m to €3.8m
- Provisions +€466,042
up €466,042 (+5,013%), from €9,296 to €475,338
Income statement
- Financial income +€3.0m
up €3.0m (+756%), from €396,164 to €3.4m
of which Non-recurring financial income: +€2.3m
- Turnover +€745,152
up €745,152 (+44.8%), from €1.7m to €2.4m
- Services and other goods +€532,183
up €532,183 (+102%), from €520,152 to €1.1m
- Other operating income -€95,523
down €95,523 (-60.2%), from €158,552 to €63,029
- Financial charges +€55,599
up €55,599 (+22.4%), from €247,835 to €303,434
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
€905,730
Turnover
+€745,152
Other operating income
-€95,523
Goods and materials
+€48,768
Services and other goods
-€532,183
Staff costs
-€6,063
Depreciation
-€6,440
Other operating charges
+€2,471
Other operating items
+€1.8m
Financial income
+€3.0m
Financial charges
-€55,599
Taxes
-€17,159
Deferred taxes and other
-€475,338
Result 2025
€5.3m
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
+€1.4m
Investment
-€4.3m
Financing
+€785,557
Cash 2024
€2.5m
From operations (derived)
+€1.4m
Net result for the year
+€5.3m
Depreciation
+€312,048
Receivables after one year
-€1.1m
Stocks and contracts
-€1.7m
Receivables within one year
-€3.5m
Deferred charges and accrued income
-€11,462
Provisions
+€466,042
Trade debts
+€570,258
Tax, wage and social debts
-€286,540
Other debts
+€1.2m
Investment (derived)
-€4.3m
Investment in fixed assets (net)
-€3.5m
Current investments
-€800,000
Financing
+€785,557
Debts after one year
+€494,049
Current portion of long-term debt
+€291,553
Short-term financial debts
-€45
Cash 2025
€358,881
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,794,785 | €25,892,714 | +€8.1m | +45.5% |
| Fixed assets | 21/28 | €13,898,197 | €17,073,839 | +€3.2m | +22.8% |
| Intangible fixed assets | 21 | €474,041 | €426,585 | -€47,456 | -10.0% |
| Tangible fixed assets | 22/27 | €10,951,931 | €11,135,661 | +€183,730 | +1.7% |
| Land and buildings | 22 | €10,912,373 | €11,101,144 | +€188,771 | +1.7% |
| Plant, machinery and equipment | 23 | €6,447 | €5,622 | -€825 | -12.8% |
| Furniture and vehicles | 24 | €33,111 | €28,895 | -€4,216 | -12.7% |
| Financial fixed assets | 28 | €2,472,225 | €5,511,593 | +€3.0m | +123% |
| Affiliated companies | 280/1 | €2,471,376 | €5,468,744 | +€3.0m | +121% |
| Participating interests | 280 | €2,471,376 | €5,468,744 | +€3.0m | +121% |
| Companies linked by participating interests | 282/3 | - | €42,000 | +€42,000 | |
| Amounts receivable | 283 | - | €42,000 | +€42,000 | |
| Other financial fixed assets | 284/8 | €849 | €849 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €849 | €849 | = | 0.0% |
| Current assets | 29/58 | €3,896,588 | €8,818,875 | +€4.9m | +126% |
| Amounts receivable after more than one year | 29 | - | €1,063,781 | +€1.1m | |
| Other amounts receivable | 291 | - | €1,063,781 | +€1.1m | |
| Stocks and contracts in progress | 3 | - | €1,713,776 | +€1.7m | |
| Stocks | 30/36 | - | €1,713,776 | +€1.7m | |
| Property held for sale | 35 | - | €1,713,776 | +€1.7m | |
| Amounts receivable within one year | 40/41 | €1,381,419 | €4,860,832 | +€3.5m | +252% |
| Trade receivables | 40 | €846,126 | €208,686 | -€637,440 | -75.3% |
| Other amounts receivable | 41 | €535,293 | €4,652,146 | +€4.1m | +769% |
| Current investments | 50/53 | - | €800,000 | +€800,000 | |
| Other investments | 51/53 | - | €800,000 | +€800,000 | |
| Cash at bank and in hand | 54/58 | €2,505,026 | €358,881 | -€2.1m | -85.7% |
| Deferred charges and accrued income | 490/1 | €10,143 | €21,605 | +€11,462 | +113% |
| Total equity and liabilities | 10/49 | €17,794,785 | €25,892,714 | +€8.1m | +45.5% |
| Equity | 10/15 | €10,345,411 | €15,660,182 | +€5.3m | +51.4% |
| Contributions | 10/11 | €2,927,145 | €2,927,145 | = | 0.0% |
| Capital | 10 | €2,927,145 | €2,927,145 | = | 0.0% |
| Issued capital | 100 | €2,927,145 | €2,927,145 | = | 0.0% |
| Reserves | 13 | €7,418,266 | €12,733,037 | +€5.3m | +71.6% |
| Non-distributable reserves | 130/1 | €292,714 | €292,714 | = | 0.0% |
| Legal reserve | 130 | €292,714 | €292,714 | = | 0.0% |
| Tax-exempt reserves | 132 | €104,602 | €1,502,697 | +€1.4m | +1,337% |
| Distributable reserves | 133 | €7,020,950 | €10,937,626 | +€3.9m | +55.8% |
| Provisions and deferred taxes | 16 | €9,296 | €475,338 | +€466,042 | +5,013% |
| Deferred taxes | 168 | €9,296 | €475,338 | +€466,042 | +5,013% |
| Amounts payable | 17/49 | €7,440,078 | €9,757,194 | +€2.3m | +31.1% |
| Amounts payable after more than one year | 17 | €3,289,821 | €3,783,870 | +€494,049 | +15.0% |
| Financial debts | 170/4 | €3,289,821 | €3,783,870 | +€494,049 | +15.0% |
| Other loans | 174 | €3,289,821 | €3,783,870 | +€494,049 | +15.0% |
| Amounts payable within one year | 42/48 | €4,150,257 | €5,973,324 | +€1.8m | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €550,258 | €841,811 | +€291,553 | +53.0% |
| Financial debts | 43 | €37,853 | €37,808 | -€45 | -0.1% |
| Credit institutions | 430/8 | €37,853 | €37,808 | -€45 | -0.1% |
| Trade debts | 44 | €161,039 | €731,297 | +€570,258 | +354% |
| Suppliers | 440/4 | €161,039 | €731,297 | +€570,258 | +354% |
| Taxes, remuneration and social security | 45 | €363,411 | €76,871 | -€286,540 | -78.8% |
| Taxes | 450/3 | €349,762 | €62,663 | -€287,099 | -82.1% |
| Remuneration and social security | 454/9 | €13,649 | €14,208 | +€559 | +4.1% |
| Other amounts payable | 47/48 | €3,037,696 | €4,285,537 | +€1.2m | +41.1% |
| Operating income | 70/76A | €2,011,408 | €4,433,655 | +€2.4m | +120% |
| Turnover | 70 | €1,664,124 | €2,409,276 | +€745,152 | +44.8% |
| Other operating income | 74 | €158,552 | €63,029 | -€95,523 | -60.2% |
| Non-recurring operating income | 76A | €188,732 | €1,961,350 | +€1.8m | +939% |
| Operating charges | 60/66A | €1,058,053 | €1,519,826 | +€461,773 | +43.6% |
| Goods for resale, raw materials and consumables | 60 | €49,331 | €563 | -€48,768 | -98.9% |
| Purchases | 600/8 | €49,331 | €563 | -€48,768 | -98.9% |
| Services and other goods | 61 | €520,152 | €1,052,335 | +€532,183 | +102% |
| Remuneration, social security and pensions | 62 | €90,425 | €96,488 | +€6,063 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305,608 | €312,048 | +€6,440 | +2.1% |
| Other operating charges | 640/8 | €60,863 | €58,392 | -€2,471 | -4.1% |
| Non-recurring operating charges | 66A | €31,674 | - | -€31,674 | |
| Operating profit (loss) | 9901 | €953,355 | €2,913,829 | +€2.0m | +206% |
| Financial income | 75/76B | €396,164 | €3,392,827 | +€3.0m | +756% |
| Recurring financial income | 75 | €396,164 | €1,132,334 | +€736,170 | +186% |
| Income from financial fixed assets | 750 | €350,000 | €1,100,000 | +€750,000 | +214% |
| Income from current assets | 751 | €46,164 | €32,297 | -€13,867 | -30.0% |
| Other financial income | 752/9 | - | €37 | +€37 | |
| Non-recurring financial income | 76B | - | €2,260,493 | +€2.3m | |
| Financial charges | 65/66B | €247,835 | €303,434 | +€55,599 | +22.4% |
| Recurring financial charges | 65 | €247,835 | €303,434 | +€55,599 | +22.4% |
| Debt charges | 650 | €247,835 | €303,434 | +€55,599 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €1,101,684 | €6,003,222 | +€4.9m | +445% |
| Transfer from deferred taxes | 780 | €9,296 | €9,458 | +€162 | +1.7% |
| Transfer to deferred taxes | 680 | - | €475,500 | +€475,500 | |
| Income taxes | 67/77 | €205,250 | €222,409 | +€17,159 | +8.4% |
| Taxes | 670/3 | €207,770 | €222,409 | +€14,639 | +7.0% |
| Tax adjustments and reversals of tax provisions | 77 | €2,520 | - | -€2,520 | |
| Profit (loss) for the period | 9904 | €905,730 | €5,314,771 | +€4.4m | +487% |
| Transfer from tax-exempt reserves | 789 | €27,919 | €28,404 | +€485 | +1.7% |
| Transfer to tax-exempt reserves | 689 | - | €1,426,499 | +€1.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €933,649 | €3,916,676 | +€3.0m | +320% |
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 16 October 2026 via checked.be.