DERENNE: 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.
DERENNE
Largest movements
- Tangible fixed assets +€23,978
up €23,978 (+57.4%), from €41,775 to €65,754
of which Other tangible fixed assets: +€31,500
- Receivables within one year -€1,016
down €1,016 (-53.3%), from €1,906 to €890
of which Other amounts receivable: -€1,716
- Profit (loss) carried forward +€46,284
up €46,284 (+85.0%), from -€54,462 to -€8,177
- Other debts -€21,073
down €21,073 (-29.2%), from €72,211 to €51,138
- Trade debts -€1,599
down €1,599 (-16.9%), from €9,443 to €7,844
- Tax, wage and social debts -€763
down €763 (-68.9%), from €1,108 to €345
of which Taxes: -€542
- Financial charges -€34,952
down €34,952 (-99.3%), from €35,211 to €260
of which Non-recurring financial charges: -€35,000
- Financial income +€34,169
up €34,169 (+3767.3%), from €907 to €35,076
of which Non-recurring financial income: +€35,000
- Gross operating margin +€19,771
up €19,771 (+471.4%), from €4,194 to €23,965
- Other operating charges -€2,409
down €2,409 (-73.0%), from €3,301 to €892
- Depreciation -€943
down €943 (-7.5%), from €12,548 to €11,605
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 | €48,839 | €71,676 | +€22,837 | +46.8% |
| Fixed assets | 21/28 | €41,775 | €65,754 | +€23,978 | +57.4% |
| Tangible fixed assets | 22/27 | €41,775 | €65,754 | +€23,978 | +57.4% |
| Land and buildings | 22 | €26,258 | €22,239 | -€4,019 | -15.3% |
| Plant, machinery and equipment | 23 | €5,216 | €3,699 | -€1,516 | -29.1% |
| Furniture and vehicles | 24 | €8,702 | €6,715 | -€1,986 | -22.8% |
| Other tangible fixed assets | 26 | €1,600 | €33,100 | +€31,500 | +1968.8% |
| Current assets | 29/58 | €7,064 | €5,923 | -€1,141 | -16.2% |
| Amounts receivable within one year | 40/41 | €1,906 | €890 | -€1,016 | -53.3% |
| Trade receivables | 40 | - | €700 | +€700 | |
| Other amounts receivable | 41 | €1,906 | €190 | -€1,716 | -90.0% |
| Cash at bank and in hand | 54/58 | €4,511 | €4,539 | +€28 | +0.6% |
| Deferred charges and accrued income | 490/1 | €647 | €494 | -€153 | -23.7% |
| Total equity and liabilities | 10/49 | €48,839 | €71,676 | +€22,837 | +46.8% |
| Equity | 10/15 | -€34,002 | €12,283 | +€46,284 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,462 | -€8,177 | +€46,284 | +85.0% |
| Amounts payable | 17/49 | €82,841 | €59,394 | -€23,447 | -28.3% |
| Amounts payable within one year | 42/48 | €82,762 | €59,327 | -€23,435 | -28.3% |
| Trade debts | 44 | €9,443 | €7,844 | -€1,599 | -16.9% |
| Suppliers | 440/4 | €9,443 | €7,844 | -€1,599 | -16.9% |
| Taxes, remuneration and social security | 45 | €1,108 | €345 | -€763 | -68.9% |
| Taxes | 450/3 | €887 | €345 | -€542 | -61.1% |
| Remuneration and social security | 454/9 | €221 | - | -€221 | |
| Other amounts payable | 47/48 | €72,211 | €51,138 | -€21,073 | -29.2% |
| Accrued charges and deferred income | 492/3 | €79 | €67 | -€12 | -15.1% |
| Remuneration, social security and pensions | 62 | €921 | - | -€921 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,548 | €11,605 | -€943 | -7.5% |
| Other operating charges | 640/8 | €3,301 | €892 | -€2,409 | -73.0% |
| Gross operating margin | 9900 | €4,194 | €23,965 | +€19,771 | +471.4% |
| Operating profit (loss) | 9901 | -€12,575 | €11,468 | +€24,043 | |
| Financial income | 75/76B | €907 | €35,076 | +€34,169 | +3767.3% |
| Recurring financial income | 75 | €907 | €76 | -€831 | -91.6% |
| Non-recurring financial income | 76B | - | €35,000 | +€35,000 | |
| Financial charges | 65/66B | €35,211 | €260 | -€34,952 | -99.3% |
| Recurring financial charges | 65 | €211 | €260 | +€48 | +22.8% |
| Non-recurring financial charges | 66B | €35,000 | - | -€35,000 | |
| Profit (loss) for the period before taxes | 9903 | -€46,880 | €46,284 | +€93,164 | |
| Income taxes | 67/77 | €1 | - | -€1 | |
| Profit (loss) for the period | 9904 | -€46,881 | €46,284 | +€93,165 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,881 | €46,284 | +€93,165 |
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 6 October 2026 via checked.be.