DERIN: 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.
DERIN
Largest movements
- Cash -€58,703
down €58,703 (-39.8%), from €147,502 to €88,799
mainly Stocks and contracts (-€22,304) and Other debts (-€17,303)
- Stocks and contracts +€22,304
up €22,304 (+48.2%), from €46,227 to €68,531
- Other debts -€17,303
down €17,303 (-22.3%), from €77,466 to €60,163
- Trade debts -€8,970
down €8,970 (-13.5%), from €66,617 to €57,647
- Tax, wage and social debts -€7,270
down €7,270 (-38.2%), from €19,021 to €11,751
of which Taxes: -€6,821
- Gross operating margin -€54,384
down €54,384 (-59.7%), from €91,061 to €36,677
- Staff costs -€16,984
down €16,984 (-36.8%), from €46,097 to €29,112
- Taxes -€7,142
down €7,142 (-77.9%), from €9,171 to €2,028
- Other operating charges +€1,881
up €1,881 (+269%), from €699 to €2,580
- Depreciation -€1,057
no longer reported in 2025 (was €1,057)
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 | €199,850 | €166,684 | -€33,166 | -16.6% |
| Fixed assets | 21/28 | €2,595 | €2,595 | = | 0.0% |
| Financial fixed assets | 28 | €2,595 | €2,595 | = | 0.0% |
| Current assets | 29/58 | €197,255 | €164,089 | -€33,166 | -16.8% |
| Stocks and contracts in progress | 3 | €46,227 | €68,531 | +€22,304 | +48.2% |
| Stocks | 30/36 | €46,227 | €68,531 | +€22,304 | +48.2% |
| Amounts receivable within one year | 40/41 | €3,029 | €4,927 | +€1,899 | +62.7% |
| Trade receivables | 40 | €1,193 | €3,882 | +€2,689 | +225% |
| Other amounts receivable | 41 | €1,836 | €1,045 | -€791 | -43.1% |
| Cash at bank and in hand | 54/58 | €147,502 | €88,799 | -€58,703 | -39.8% |
| Deferred charges and accrued income | 490/1 | €497 | €1,832 | +€1,335 | +269% |
| Total equity and liabilities | 10/49 | €199,850 | €166,684 | -€33,166 | -16.6% |
| Equity | 10/15 | €36,746 | €37,123 | +€377 | +1.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,746 | €32,123 | +€377 | +1.2% |
| Amounts payable | 17/49 | €163,104 | €129,561 | -€33,543 | -20.6% |
| Amounts payable within one year | 42/48 | €163,104 | €129,561 | -€33,543 | -20.6% |
| Trade debts | 44 | €66,617 | €57,647 | -€8,970 | -13.5% |
| Suppliers | 440/4 | €66,617 | €57,647 | -€8,970 | -13.5% |
| Taxes, remuneration and social security | 45 | €19,021 | €11,751 | -€7,270 | -38.2% |
| Taxes | 450/3 | €9,871 | €3,050 | -€6,821 | -69.1% |
| Remuneration and social security | 454/9 | €9,150 | €8,700 | -€449 | -4.9% |
| Other amounts payable | 47/48 | €77,466 | €60,163 | -€17,303 | -22.3% |
| Non-recurring operating income | 76A | €15,871 | - | -€15,871 | |
| Remuneration, social security and pensions | 62 | €46,097 | €29,112 | -€16,984 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,057 | - | -€1,057 | |
| Other operating charges | 640/8 | €699 | €2,580 | +€1,881 | +269% |
| Gross operating margin | 9900 | €91,061 | €36,677 | -€54,384 | -59.7% |
| Operating profit (loss) | 9901 | €43,208 | €4,984 | -€38,224 | -88.5% |
| Financial income | 75/76B | €1 | €52 | +€51 | +3,620% |
| Recurring financial income | 75 | €1 | €52 | +€51 | +3,620% |
| Financial charges | 65/66B | €2,293 | €2,632 | +€339 | +14.8% |
| Recurring financial charges | 65 | €2,293 | €2,632 | +€339 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €40,917 | €2,405 | -€38,512 | -94.1% |
| Income taxes | 67/77 | €9,171 | €2,028 | -€7,142 | -77.9% |
| Profit (loss) for the period | 9904 | €31,746 | €377 | -€31,369 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,746 | €377 | -€31,369 | -98.8% |
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.