DERETZ CONSTRUCT: 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.
DERETZ CONSTRUCT
Largest movements
- Tangible fixed assets +€65,763
up €65,763 (+30.4%), from €216,186 to €281,948
of which Furniture and vehicles: +€75,076
- Cash +€30,657
up €30,657 (+32.3%), from €94,816 to €125,473
mainly Depreciation (+€65,074) and Trade debts (+€53,495)
- Receivables within one year -€14,257
down €14,257 (-20.1%), from €71,091 to €56,835
of which Trade receivables: -€16,013
- Trade debts +€53,495
up €53,495 (+88.1%), from €60,697 to €114,192
- Profit (loss) carried forward +€38,841
up €38,841 (+27.3%), from €142,371 to €181,212
- Debts after one year -€10,022
down €10,022 (-17.9%), from €55,949 to €45,927
- Current portion of long-term debt -€5,582
down €5,582 (-35.8%), from €15,604 to €10,022
- Staff costs +€70,236
up €70,236 (+113%), from €62,399 to €132,635
- Other operating charges -€33,287
down €33,287 (-84.1%), from €39,566 to €6,279
- Gross operating margin +€19,603
up €19,603 (+8.0%), from €243,547 to €263,150
- Depreciation +€10,603
up €10,603 (+19.5%), from €54,471 to €65,074
- Write-downs +€8,341
no longer reported in 2025 (was -€8,341)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €388,470 | €466,482 | +€78,013 | +20.1% |
| Fixed assets | 21/28 | €216,186 | €281,948 | +€65,763 | +30.4% |
| Tangible fixed assets | 22/27 | €216,186 | €281,948 | +€65,763 | +30.4% |
| Land and buildings | 22 | €50,325 | €46,118 | -€4,207 | -8.4% |
| Plant, machinery and equipment | 23 | €28,076 | €22,969 | -€5,107 | -18.2% |
| Furniture and vehicles | 24 | €137,785 | €212,862 | +€75,076 | +54.5% |
| Current assets | 29/58 | €172,284 | €184,534 | +€12,250 | +7.1% |
| Amounts receivable within one year | 40/41 | €71,091 | €56,835 | -€14,257 | -20.1% |
| Trade receivables | 40 | €30,253 | €14,239 | -€16,013 | -52.9% |
| Other amounts receivable | 41 | €40,839 | €42,595 | +€1,757 | +4.3% |
| Cash at bank and in hand | 54/58 | €94,816 | €125,473 | +€30,657 | +32.3% |
| Deferred charges and accrued income | 490/1 | €6,377 | €2,227 | -€4,150 | -65.1% |
| Total equity and liabilities | 10/49 | €388,470 | €466,482 | +€78,013 | +20.1% |
| Equity | 10/15 | €168,287 | €207,128 | +€38,841 | +23.1% |
| 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 | €142,371 | €181,212 | +€38,841 | +27.3% |
| Investment grants | 15 | €5,456 | €5,456 | = | 0.0% |
| Amounts payable | 17/49 | €220,183 | €259,354 | +€39,172 | +17.8% |
| Amounts payable after more than one year | 17 | €55,949 | €45,927 | -€10,022 | -17.9% |
| Financial debts | 170/4 | €55,949 | €45,927 | -€10,022 | -17.9% |
| Amounts payable within one year | 42/48 | €163,353 | €213,427 | +€50,074 | +30.7% |
| Current portion of amounts payable after more than one year | 42 | €15,604 | €10,022 | -€5,582 | -35.8% |
| Trade debts | 44 | €60,697 | €114,192 | +€53,495 | +88.1% |
| Suppliers | 440/4 | €60,697 | €114,192 | +€53,495 | +88.1% |
| Advances received on contracts in progress | 46 | €45,300 | €46,800 | +€1,500 | +3.3% |
| Taxes, remuneration and social security | 45 | €41,752 | €42,413 | +€661 | +1.6% |
| Taxes | 450/3 | €29,358 | €21,671 | -€7,687 | -26.2% |
| Remuneration and social security | 454/9 | €12,394 | €20,743 | +€8,348 | +67.4% |
| Accrued charges and deferred income | 492/3 | €881 | - | -€881 | |
| Non-recurring operating income | 76A | €209 | - | -€209 | |
| Remuneration, social security and pensions | 62 | €62,399 | €132,635 | +€70,236 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,471 | €65,074 | +€10,603 | +19.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,341 | - | +€8,341 | |
| Other operating charges | 640/8 | €39,566 | €6,279 | -€33,287 | -84.1% |
| Gross operating margin | 9900 | €243,547 | €263,150 | +€19,603 | +8.0% |
| Operating profit (loss) | 9901 | €95,452 | €59,162 | -€36,289 | -38.0% |
| Financial income | 75/76B | €3,218 | €1,730 | -€1,488 | -46.2% |
| Recurring financial income | 75 | €3,218 | €1,730 | -€1,488 | -46.2% |
| Financial charges | 65/66B | €3,802 | €2,781 | -€1,021 | -26.9% |
| Recurring financial charges | 65 | €3,802 | €2,781 | -€1,021 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €94,867 | €58,111 | -€36,756 | -38.7% |
| Income taxes | 67/77 | €27,158 | €19,270 | -€7,888 | -29.0% |
| Profit (loss) for the period | 9904 | €67,709 | €38,841 | -€28,868 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,709 | €38,841 | -€28,868 | -42.6% |
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 13 October 2026 via checked.be.