DERITRON: 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.
DERITRON
Largest movements
- Receivables within one year +€135,841
up €135,841 (+25.6%), from €530,959 to €666,800
of which Trade receivables: +€135,841
- Cash -€29,831
down €29,831 (-43.9%), from €67,939 to €38,108
mainly Receivables within one year (-€135,841) and Other debts (-€68,688)
- Tangible fixed assets -€23,669
down €23,669 (-77.2%), from €30,660 to €6,990
of which Furniture and vehicles: -€22,720
- Debts after one year +€121,520
up €121,520 (+60.6%), from €200,377 to €321,897
- Other debts -€68,688
down €68,688 (-41.0%), from €167,653 to €98,965
- Reserves +€30,000
up €30,000 (+12.9%), from €231,860 to €261,860
of which Distributable reserves: +€30,000
- Gross operating margin +€90,193
up €90,193 (+31.4%), from €287,551 to €377,744
- Staff costs +€58,908
up €58,908 (+33.4%), from €176,625 to €235,532
- Financial charges +€42,909
up €42,909 (+117%), from €36,710 to €79,618
of which Non-recurring financial charges: +€47,380
- Depreciation -€16,933
down €16,933 (-41.7%), from €40,602 to €23,669
- Financial income -€12,093
no longer reported in 2025 (was €12,093)
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 | €815,548 | €897,888 | +€82,341 | +10.1% |
| Fixed assets | 21/28 | €31,380 | €7,710 | -€23,669 | -75.4% |
| Tangible fixed assets | 22/27 | €30,660 | €6,990 | -€23,669 | -77.2% |
| Plant, machinery and equipment | 23 | €1,819 | €869 | -€950 | -52.2% |
| Furniture and vehicles | 24 | €28,841 | €6,121 | -€22,720 | -78.8% |
| Financial fixed assets | 28 | €720 | €720 | = | 0.0% |
| Current assets | 29/58 | €784,168 | €890,178 | +€106,010 | +13.5% |
| Amounts receivable after more than one year | 29 | €5,970 | €5,970 | = | 0.0% |
| Other amounts receivable | 291 | €5,970 | €5,970 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,300 | €1,300 | = | 0.0% |
| Stocks | 30/36 | €1,300 | €1,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €530,959 | €666,800 | +€135,841 | +25.6% |
| Trade receivables | 40 | €269,809 | €405,650 | +€135,841 | +50.3% |
| Other amounts receivable | 41 | €261,150 | €261,150 | = | 0.0% |
| Current investments | 50/53 | €178,000 | €178,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,939 | €38,108 | -€29,831 | -43.9% |
| Total equity and liabilities | 10/49 | €815,548 | €897,888 | +€82,341 | +10.1% |
| Equity | 10/15 | €254,576 | €284,145 | +€29,569 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €231,860 | €261,860 | +€30,000 | +12.9% |
| 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 | €230,000 | €260,000 | +€30,000 | +13.0% |
| Profit (loss) carried forward | 14 | €4,116 | €3,685 | -€431 | -10.5% |
| Provisions and deferred taxes | 16 | €143,272 | €143,272 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €143,272 | €143,272 | = | 0.0% |
| Taxes | 161 | €143,272 | €143,272 | = | 0.0% |
| Amounts payable | 17/49 | €417,700 | €470,472 | +€52,772 | +12.6% |
| Amounts payable after more than one year | 17 | €200,377 | €321,897 | +€121,520 | +60.6% |
| Financial debts | 170/4 | €200,377 | €321,897 | +€121,520 | +60.6% |
| Amounts payable within one year | 42/48 | €217,323 | €148,575 | -€68,748 | -31.6% |
| Trade debts | 44 | €12,051 | €10,805 | -€1,246 | -10.3% |
| Suppliers | 440/4 | €12,051 | €10,805 | -€1,246 | -10.3% |
| Taxes, remuneration and social security | 45 | €37,619 | €38,805 | +€1,186 | +3.2% |
| Taxes | 450/3 | €28,492 | €4,237 | -€24,256 | -85.1% |
| Remuneration and social security | 454/9 | €9,127 | €34,569 | +€25,442 | +279% |
| Other amounts payable | 47/48 | €167,653 | €98,965 | -€68,688 | -41.0% |
| Non-recurring operating income | 76A | €6,900 | - | -€6,900 | |
| Remuneration, social security and pensions | 62 | €176,625 | €235,532 | +€58,908 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,602 | €23,669 | -€16,933 | -41.7% |
| Other operating charges | 640/8 | €2,294 | €1,330 | -€964 | -42.0% |
| Non-recurring operating charges | 66A | €26,876 | - | -€26,876 | |
| Gross operating margin | 9900 | €287,551 | €377,744 | +€90,193 | +31.4% |
| Operating profit (loss) | 9901 | €41,154 | €117,212 | +€76,058 | +185% |
| Financial income | 75/76B | €12,093 | - | -€12,093 | |
| Recurring financial income | 75 | €12,093 | - | -€12,093 | |
| Financial charges | 65/66B | €36,710 | €79,618 | +€42,909 | +117% |
| Recurring financial charges | 65 | €1,710 | -€2,762 | -€4,471 | |
| Non-recurring financial charges | 66B | €35,000 | €82,380 | +€47,380 | +135% |
| Profit (loss) for the period before taxes | 9903 | €16,538 | €37,594 | +€21,056 | +127% |
| Income taxes | 67/77 | €9,133 | €8,025 | -€1,108 | -12.1% |
| Profit (loss) for the period | 9904 | €7,405 | €29,569 | +€22,164 | +299% |
| Profit (loss) for the period to be appropriated | 9905 | €7,405 | €29,569 | +€22,164 | +299% |
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 27 October 2026 via checked.be.