DERESTEAU: 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.
DERESTEAU
Largest movements
- Cash +€17,178
up €17,178 (+19.7%), from €87,188 to €104,365
mainly Other debts (+€51,701) and Net result for the year (+€33,272)
- Tangible fixed assets -€4,788
down €4,788 (-40.2%), from €11,897 to €7,109
of which Furniture and vehicles: -€4,688
- Deferred charges and accrued income +€3,124
up €3,124 (+72.9%), from €4,282 to €7,406
- Reserves -€52,334
down €52,334 (-96.6%), from €54,194 to €1,860
of which Distributable reserves: -€52,334
- Other debts +€51,701
up €51,701 (+220.2%), from €23,475 to €75,176
- Tax, wage and social debts +€12,016
up €12,016 (+179.5%), from €6,695 to €18,712
- Trade debts +€3,503
up €3,503 (+96.3%), from €3,639 to €7,142
- Gross operating margin -€10,782
down €10,782 (-16.4%), from €65,707 to €54,925
- Financial income -€4,241
no longer reported in 2025 (was €4,241)
- Taxes -€3,186
down €3,186 (-18.7%), from €17,057 to €13,871
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 | €106,604 | €121,489 | +€14,886 | +14.0% |
| Fixed assets | 21/28 | €11,897 | €7,109 | -€4,788 | -40.2% |
| Tangible fixed assets | 22/27 | €11,897 | €7,109 | -€4,788 | -40.2% |
| Furniture and vehicles | 24 | €11,462 | €6,774 | -€4,688 | -40.9% |
| Other tangible fixed assets | 26 | €436 | €336 | -€100 | -22.9% |
| Current assets | 29/58 | €94,706 | €114,380 | +€19,674 | +20.8% |
| Stocks and contracts in progress | 3 | €1,203 | €1,203 | = | 0.0% |
| Stocks | 30/36 | €1,203 | €1,203 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,034 | €1,406 | -€628 | -30.9% |
| Trade receivables | 40 | €928 | €300 | -€628 | -67.7% |
| Other amounts receivable | 41 | €1,106 | €1,106 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87,188 | €104,365 | +€17,178 | +19.7% |
| Deferred charges and accrued income | 490/1 | €4,282 | €7,406 | +€3,124 | +72.9% |
| Total equity and liabilities | 10/49 | €106,604 | €121,489 | +€14,886 | +14.0% |
| Equity | 10/15 | €72,794 | €20,460 | -€52,334 | -71.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,194 | €1,860 | -€52,334 | -96.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €52,334 | - | -€52,334 | |
| Amounts payable | 17/49 | €33,809 | €101,029 | +€67,220 | +198.8% |
| Amounts payable within one year | 42/48 | €33,809 | €101,029 | +€67,220 | +198.8% |
| Trade debts | 44 | €3,639 | €7,142 | +€3,503 | +96.3% |
| Suppliers | 440/4 | €3,639 | €7,142 | +€3,503 | +96.3% |
| Taxes, remuneration and social security | 45 | €6,695 | €18,712 | +€12,016 | +179.5% |
| Taxes | 450/3 | €6,695 | €18,712 | +€12,016 | +179.5% |
| Other amounts payable | 47/48 | €23,475 | €75,176 | +€51,701 | +220.2% |
| Remuneration, social security and pensions | 62 | €2,170 | €2,010 | -€160 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,299 | €4,788 | -€511 | -9.7% |
| Other operating charges | 640/8 | €671 | €865 | +€194 | +29.0% |
| Gross operating margin | 9900 | €65,707 | €54,925 | -€10,782 | -16.4% |
| Operating profit (loss) | 9901 | €57,566 | €47,262 | -€10,305 | -17.9% |
| Financial income | 75/76B | €4,241 | - | -€4,241 | |
| Recurring financial income | 75 | €4,241 | - | -€4,241 | |
| Financial charges | 65/66B | €115 | €120 | +€5 | +3.9% |
| Recurring financial charges | 65 | €115 | €120 | +€5 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €61,693 | €47,142 | -€14,550 | -23.6% |
| Income taxes | 67/77 | €17,057 | €13,871 | -€3,186 | -18.7% |
| Profit (loss) for the period | 9904 | €44,636 | €33,272 | -€11,364 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,636 | €33,272 | -€11,364 | -25.5% |
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 9 October 2026 via checked.be.