DERGENT: 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.
DERGENT
Largest movements
- Tangible fixed assets -€82,990
down €82,990 (-10.0%), from €833,784 to €750,794
of which Land and buildings: -€80,542
- Cash +€19,816
up €19,816 (+51.2%), from €38,687 to €58,503
mainly Depreciation (+€95,092) and Stocks and contracts (+€12,373)
- Stocks and contracts -€12,373
down €12,373 (-55.1%), from €22,445 to €10,072
- Profit (loss) carried forward -€43,042
down €43,042 (-78.8%), from -€54,654 to -€97,696
- Trade debts -€16,350
down €16,350 (-82.8%), from €19,751 to €3,401
- Debts after one year -€12,081
down €12,081 (-18.9%), from €64,010 to €51,929
- Gross operating margin -€45,714
down €45,714 (-37.7%), from €121,176 to €75,462
- Depreciation +€3,641
up €3,641 (+4.0%), from €91,451 to €95,092
- Other operating charges -€2,394
down €2,394 (-11.3%), from €21,113 to €18,719
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 | €909,688 | €828,838 | -€80,850 | -8.9% |
| Fixed assets | 21/28 | €833,784 | €750,794 | -€82,990 | -10.0% |
| Tangible fixed assets | 22/27 | €833,784 | €750,794 | -€82,990 | -10.0% |
| Land and buildings | 22 | €800,289 | €719,747 | -€80,542 | -10.1% |
| Plant, machinery and equipment | 23 | €33,495 | €31,047 | -€2,448 | -7.3% |
| Current assets | 29/58 | €75,904 | €78,044 | +€2,140 | +2.8% |
| Stocks and contracts in progress | 3 | €22,445 | €10,072 | -€12,373 | -55.1% |
| Stocks | 30/36 | €22,445 | €10,072 | -€12,373 | -55.1% |
| Amounts receivable within one year | 40/41 | €9,019 | €3,921 | -€5,098 | -56.5% |
| Trade receivables | 40 | €9,019 | €3,669 | -€5,350 | -59.3% |
| Other amounts receivable | 41 | - | €252 | +€252 | |
| Cash at bank and in hand | 54/58 | €38,687 | €58,503 | +€19,816 | +51.2% |
| Deferred charges and accrued income | 490/1 | €5,753 | €5,548 | -€205 | -3.6% |
| Total equity and liabilities | 10/49 | €909,688 | €828,838 | -€80,850 | -8.9% |
| Equity | 10/15 | €562,846 | €519,804 | -€43,042 | -7.6% |
| Contributions | 10/11 | €608,500 | €608,500 | = | 0.0% |
| Capital | 10 | €608,500 | €608,500 | = | 0.0% |
| Issued capital | 100 | €608,500 | €608,500 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Legal reserve | 130 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,654 | -€97,696 | -€43,042 | -78.8% |
| Amounts payable | 17/49 | €346,842 | €309,034 | -€37,808 | -10.9% |
| Amounts payable after more than one year | 17 | €64,010 | €51,929 | -€12,081 | -18.9% |
| Financial debts | 170/4 | €64,010 | €51,929 | -€12,081 | -18.9% |
| Amounts payable within one year | 42/48 | €282,832 | €255,980 | -€26,852 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €11,840 | €12,081 | +€241 | +2.0% |
| Trade debts | 44 | €19,751 | €3,401 | -€16,350 | -82.8% |
| Suppliers | 440/4 | €19,751 | €3,401 | -€16,350 | -82.8% |
| Taxes, remuneration and social security | 45 | €5,554 | €810 | -€4,744 | -85.4% |
| Taxes | 450/3 | €5,554 | €810 | -€4,744 | -85.4% |
| Other amounts payable | 47/48 | €245,687 | €239,688 | -€5,999 | -2.4% |
| Accrued charges and deferred income | 492/3 | - | €1,125 | +€1,125 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,451 | €95,092 | +€3,641 | +4.0% |
| Other operating charges | 640/8 | €21,113 | €18,719 | -€2,394 | -11.3% |
| Gross operating margin | 9900 | €121,176 | €75,462 | -€45,714 | -37.7% |
| Operating profit (loss) | 9901 | €8,612 | -€38,349 | -€46,961 | |
| Financial income | 75/76B | €21 | €6 | -€15 | -71.4% |
| Recurring financial income | 75 | €21 | €6 | -€15 | -71.4% |
| Financial charges | 65/66B | €4,993 | €4,699 | -€294 | -5.9% |
| Recurring financial charges | 65 | €4,993 | €4,699 | -€294 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €3,640 | -€43,042 | -€46,682 | |
| Profit (loss) for the period | 9904 | €3,640 | -€43,042 | -€46,682 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,640 | -€43,042 | -€46,682 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.