DeRL Finance: 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.
DeRL Finance
Largest movements
- Cash -€13,330
down €13,330 (-69.1%), from €19,279 to €5,949
mainly Other debts (-€14,287) and Receivables within one year (-€11,793)
- Receivables within one year +€11,793
up €11,793 (+60.7%), from €19,439 to €31,232
- Tangible fixed assets -€1,482
down €1,482 (-10.0%), from €14,814 to €13,332
- Profit (loss) carried forward +€22,571
up €22,571 (+509.5%), from €4,430 to €27,001
- Other debts -€14,287
down €14,287 (-54.5%), from €26,222 to €11,935
- Trade debts -€8,506
down €8,506 (-56.7%), from €15,013 to €6,507
- Accrued charges and deferred income -€3,000
no longer reported in 2025 (was €3,000)
- Gross operating margin +€27,673
up €27,673 (+373.3%), from €7,414 to €35,087
- Taxes +€5,174
up €5,174 (+246.5%), from €2,099 to €7,273
- Other operating charges +€2,296
up €2,296 (+861.9%), from €266 to €2,563
- Depreciation +€1,474
up €1,474 (+18199.4%), from €8 to €1,482
- Financial charges +€1,059
up €1,059 (+570.3%), from €186 to €1,244
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 | €53,764 | €50,843 | -€2,921 | -5.4% |
| Fixed assets | 21/28 | €14,814 | €13,332 | -€1,482 | -10.0% |
| Tangible fixed assets | 22/27 | €14,814 | €13,332 | -€1,482 | -10.0% |
| Land and buildings | 22 | €14,814 | €13,332 | -€1,482 | -10.0% |
| Current assets | 29/58 | €38,949 | €37,510 | -€1,439 | -3.7% |
| Amounts receivable within one year | 40/41 | €19,439 | €31,232 | +€11,793 | +60.7% |
| Trade receivables | 40 | €19,439 | €31,232 | +€11,793 | +60.7% |
| Cash at bank and in hand | 54/58 | €19,279 | €5,949 | -€13,330 | -69.1% |
| Deferred charges and accrued income | 490/1 | €231 | €329 | +€98 | +42.3% |
| Total equity and liabilities | 10/49 | €53,764 | €50,843 | -€2,921 | -5.4% |
| Equity | 10/15 | €7,430 | €30,001 | +€22,571 | +303.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,430 | €27,001 | +€22,571 | +509.5% |
| Amounts payable | 17/49 | €46,334 | €20,842 | -€25,492 | -55.0% |
| Amounts payable within one year | 42/48 | €43,334 | €20,842 | -€22,492 | -51.9% |
| Trade debts | 44 | €15,013 | €6,507 | -€8,506 | -56.7% |
| Suppliers | 440/4 | €15,013 | €6,507 | -€8,506 | -56.7% |
| Taxes, remuneration and social security | 45 | €2,099 | €2,400 | +€301 | +14.3% |
| Taxes | 450/3 | €2,099 | €2,400 | +€301 | +14.3% |
| Other amounts payable | 47/48 | €26,222 | €11,935 | -€14,287 | -54.5% |
| Accrued charges and deferred income | 492/3 | €3,000 | - | -€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8 | €1,482 | +€1,474 | +18199.4% |
| Other operating charges | 640/8 | €266 | €2,563 | +€2,296 | +861.9% |
| Gross operating margin | 9900 | €7,414 | €35,087 | +€27,673 | +373.3% |
| Operating profit (loss) | 9901 | €7,139 | €31,042 | +€23,903 | +334.8% |
| Financial income | 75/76B | €0 | €46 | +€46 | |
| Recurring financial income | 75 | €0 | €46 | +€46 | |
| Financial charges | 65/66B | €186 | €1,244 | +€1,059 | +570.3% |
| Recurring financial charges | 65 | €186 | €1,244 | +€1,059 | +570.3% |
| Profit (loss) for the period before taxes | 9903 | €6,954 | €29,844 | +€22,890 | +329.2% |
| Income taxes | 67/77 | €2,099 | €7,273 | +€5,174 | +246.5% |
| Profit (loss) for the period | 9904 | €4,855 | €22,571 | +€17,716 | +364.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,855 | €22,571 | +€17,716 | +364.9% |
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 11 October 2026 via checked.be.