DERMA-TO: 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.
DERMA-TO
Largest movements
- Cash -€161,924
down €161,924 (-85.5%), from €189,452 to €27,528
mainly Other debts (-€163,287) and Contributions, distributions and other (-€50,493)
- Receivables within one year -€4,236
down €4,236 (-59.9%), from €7,067 to €2,831
- Tangible fixed assets -€3,744
down €3,744 (-6.3%), from €59,657 to €55,913
of which Land and buildings: -€3,363
- Other debts -€163,287
down €163,287 (-76.4%), from €213,780 to €50,493
- Trade debts -€8,105
down €8,105 (-92.8%), from €8,732 to €627
- Tax, wage and social debts +€7,289
up €7,289 (+26.4%), from €27,582 to €34,871
- Current portion of long-term debt -€6,910
no longer reported in 2025 (was €6,910)
- Depreciation -€9,818
down €9,818 (-72.4%), from €13,562 to €3,744
- Taxes +€7,216
up €7,216 (+52.4%), from €13,767 to €20,983
- Gross operating margin +€4,824
up €4,824 (+6.9%), from €70,085 to €74,909
- Other operating charges -€3,251
down €3,251 (-92.8%), from €3,502 to €251
- Financial income -€1,178
down €1,178 (-81.4%), from €1,448 to €270
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 | €259,031 | €88,276 | -€170,755 | -65.9% |
| Fixed assets | 21/28 | €59,657 | €55,913 | -€3,744 | -6.3% |
| Tangible fixed assets | 22/27 | €59,657 | €55,913 | -€3,744 | -6.3% |
| Land and buildings | 22 | €56,364 | €53,001 | -€3,363 | -6.0% |
| Plant, machinery and equipment | 23 | €3,293 | €2,912 | -€381 | -11.6% |
| Current assets | 29/58 | €199,374 | €32,363 | -€167,011 | -83.8% |
| Amounts receivable within one year | 40/41 | €7,067 | €2,831 | -€4,236 | -59.9% |
| Other amounts receivable | 41 | €7,067 | €2,831 | -€4,236 | -59.9% |
| Cash at bank and in hand | 54/58 | €189,452 | €27,528 | -€161,924 | -85.5% |
| Deferred charges and accrued income | 490/1 | €2,855 | €2,004 | -€851 | -29.8% |
| Total equity and liabilities | 10/49 | €259,031 | €88,276 | -€170,755 | -65.9% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €258,031 | €87,276 | -€170,755 | -66.2% |
| Amounts payable within one year | 42/48 | €257,004 | €85,991 | -€171,013 | -66.5% |
| Current portion of amounts payable after more than one year | 42 | €6,910 | - | -€6,910 | |
| Trade debts | 44 | €8,732 | €627 | -€8,105 | -92.8% |
| Suppliers | 440/4 | €8,732 | €627 | -€8,105 | -92.8% |
| Taxes, remuneration and social security | 45 | €27,582 | €34,871 | +€7,289 | +26.4% |
| Taxes | 450/3 | €27,582 | €34,871 | +€7,289 | +26.4% |
| Other amounts payable | 47/48 | €213,780 | €50,493 | -€163,287 | -76.4% |
| Accrued charges and deferred income | 492/3 | €1,027 | €1,285 | +€258 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,562 | €3,744 | -€9,818 | -72.4% |
| Other operating charges | 640/8 | €3,502 | €251 | -€3,251 | -92.8% |
| Gross operating margin | 9900 | €70,085 | €74,909 | +€4,824 | +6.9% |
| Operating profit (loss) | 9901 | €53,021 | €70,914 | +€17,893 | +33.7% |
| Financial income | 75/76B | €1,448 | €270 | -€1,178 | -81.4% |
| Recurring financial income | 75 | €1,448 | €270 | -€1,178 | -81.4% |
| Financial charges | 65/66B | €299 | -€292 | -€591 | |
| Recurring financial charges | 65 | €299 | -€292 | -€591 | |
| Profit (loss) for the period before taxes | 9903 | €54,170 | €71,476 | +€17,306 | +31.9% |
| Income taxes | 67/77 | €13,767 | €20,983 | +€7,216 | +52.4% |
| Profit (loss) for the period | 9904 | €40,403 | €50,493 | +€10,090 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,403 | €50,493 | +€10,090 | +25.0% |
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 20 October 2026 via checked.be.