DERIEUW: 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.
DERIEUW
Largest movements
- Cash +€34,679
up €34,679 (+154.8%), from €22,406 to €57,085
mainly Net result for the year (+€24,590) and Depreciation (+€19,015)
- Tangible fixed assets -€23,836
down €23,836 (-26.2%), from €90,982 to €67,146
of which Furniture and vehicles: -€14,376
- Receivables within one year -€2,084
down €2,084 (-52.2%), from €3,994 to €1,910
of which Other amounts receivable: -€2,155
- Profit (loss) carried forward +€18,230
no longer reported in 2026 (was -€18,230)
- Debts after one year -€17,737
down €17,737 (-55.1%), from €32,212 to €14,475
- Reserves +€6,360
up €6,360 (+25.6%), from €24,880 to €31,240
- Tax, wage and social debts +€2,026
new in 2026: €2,026
- Gross operating margin +€43,405
up €43,405 (+558.7%), from €7,769 to €51,174
- Taxes +€2,969
up €2,969 (+1248.3%), from €238 to €3,206
- Depreciation -€2,133
down €2,133 (-10.1%), from €21,148 to €19,015
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,400 | €149,119 | +€8,719 | +6.2% |
| Fixed assets | 21/28 | €91,241 | €67,405 | -€23,836 | -26.1% |
| Tangible fixed assets | 22/27 | €90,982 | €67,146 | -€23,836 | -26.2% |
| Land and buildings | 22 | €40,537 | €36,877 | -€3,660 | -9.0% |
| Plant, machinery and equipment | 23 | €12,091 | €6,291 | -€5,800 | -48.0% |
| Furniture and vehicles | 24 | €38,354 | €23,978 | -€14,376 | -37.5% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €49,159 | €81,714 | +€32,555 | +66.2% |
| Stocks and contracts in progress | 3 | €18,399 | €19,381 | +€982 | +5.3% |
| Stocks | 30/36 | €18,399 | €19,381 | +€982 | +5.3% |
| Amounts receivable within one year | 40/41 | €3,994 | €1,910 | -€2,084 | -52.2% |
| Trade receivables | 40 | €46 | €116 | +€71 | +154.3% |
| Other amounts receivable | 41 | €3,948 | €1,794 | -€2,155 | -54.6% |
| Cash at bank and in hand | 54/58 | €22,406 | €57,085 | +€34,679 | +154.8% |
| Deferred charges and accrued income | 490/1 | €4,360 | €3,338 | -€1,022 | -23.4% |
| Total equity and liabilities | 10/49 | €140,400 | €149,119 | +€8,719 | +6.2% |
| Equity | 10/15 | €87,215 | €111,805 | +€24,590 | +28.2% |
| Contributions | 10/11 | €80,565 | €80,565 | = | 0.0% |
| Reserves | 13 | €24,880 | €31,240 | +€6,360 | +25.6% |
| Distributable reserves | 133 | €24,880 | €31,240 | +€6,360 | +25.6% |
| Profit (loss) carried forward | 14 | -€18,230 | - | +€18,230 | |
| Amounts payable | 17/49 | €53,185 | €37,314 | -€15,871 | -29.8% |
| Amounts payable after more than one year | 17 | €32,212 | €14,475 | -€17,737 | -55.1% |
| Financial debts | 170/4 | €32,212 | €14,475 | -€17,737 | -55.1% |
| Amounts payable within one year | 42/48 | €20,973 | €22,839 | +€1,866 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €17,345 | €17,737 | +€392 | +2.3% |
| Trade debts | 44 | €471 | €661 | +€190 | +40.3% |
| Suppliers | 440/4 | €471 | €661 | +€190 | +40.3% |
| Taxes, remuneration and social security | 45 | - | €2,026 | +€2,026 | |
| Taxes | 450/3 | - | €2,026 | +€2,026 | |
| Other amounts payable | 47/48 | €3,157 | €2,416 | -€741 | -23.5% |
| Non-recurring operating income | 76A | - | €33,200 | +€33,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,148 | €19,015 | -€2,133 | -10.1% |
| Other operating charges | 640/8 | €2,825 | €2,907 | +€82 | +2.9% |
| Gross operating margin | 9900 | €7,769 | €51,174 | +€43,405 | +558.7% |
| Operating profit (loss) | 9901 | -€16,203 | €29,253 | +€45,456 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,789 | €1,456 | -€333 | -18.6% |
| Recurring financial charges | 65 | €1,789 | €1,456 | -€333 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,992 | €27,797 | +€45,789 | |
| Income taxes | 67/77 | €238 | €3,206 | +€2,969 | +1248.3% |
| Profit (loss) for the period | 9904 | -€18,230 | €24,590 | +€42,820 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,230 | €24,590 | +€42,820 |
Source: filed annual accounts (NBB), financial years ended 5 January 2025 and 5 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.