Dermacure: what changed
Two fiscal 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.
Dermacure
Largest movements
- Receivables after one year -€14,794
down €14,794 (-39.3%), from €37,660 to €22,865
- Tangible fixed assets -€13,412
down €13,412 (-4.9%), from €276,428 to €263,016
of which Other tangible fixed assets: -€21,414
- Current investments +€8,865
up €8,865 (+8.4%), from €105,039 to €113,904
- Debts after one year -€29,648
down €29,648 (-16.1%), from €184,641 to €154,992
- Other debts +€17,300
new in 2025: €17,300
- Reserves -€9,009
down €9,009 (-5.1%), from €177,113 to €168,104
of which Distributable reserves: -€9,009
- Taxes -€6,083
down €6,083 (-51.5%), from €11,821 to €5,738
- Gross operating margin -€3,169
down €3,169 (-1.7%), from €189,576 to €186,407
- Staff costs +€2,395
up €2,395 (+3.7%), from €64,048 to €66,443
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 | €441,706 | €421,000 | -€20,705 | -4.7% |
| Fixed assets | 21/28 | €276,428 | €263,016 | -€13,412 | -4.9% |
| Tangible fixed assets | 22/27 | €276,428 | €263,016 | -€13,412 | -4.9% |
| Land and buildings | 22 | €173,983 | €162,024 | -€11,959 | -6.9% |
| Plant, machinery and equipment | 23 | €38,515 | €65,603 | +€27,087 | +70.3% |
| Furniture and vehicles | 24 | €42,515 | €35,389 | -€7,127 | -16.8% |
| Other tangible fixed assets | 26 | €21,414 | - | -€21,414 | |
| Current assets | 29/58 | €165,278 | €157,985 | -€7,293 | -4.4% |
| Amounts receivable after more than one year | 29 | €37,660 | €22,865 | -€14,794 | -39.3% |
| Other amounts receivable | 291 | €37,660 | €22,865 | -€14,794 | -39.3% |
| Amounts receivable within one year | 40/41 | €21,309 | €20,344 | -€965 | -4.5% |
| Trade receivables | 40 | €21,309 | €20,344 | -€965 | -4.5% |
| Current investments | 50/53 | €105,039 | €113,904 | +€8,865 | +8.4% |
| Cash at bank and in hand | 54/58 | €1,270 | €871 | -€399 | -31.4% |
| Total equity and liabilities | 10/49 | €441,706 | €421,000 | -€20,705 | -4.7% |
| Equity | 10/15 | €178,113 | €169,104 | -€9,009 | -5.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €177,113 | €168,104 | -€9,009 | -5.1% |
| Non-distributable reserves | 130/1 | €5,900 | €5,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,900 | €5,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,172 | €7,172 | = | 0.0% |
| Distributable reserves | 133 | €164,041 | €155,032 | -€9,009 | -5.5% |
| Amounts payable | 17/49 | €263,592 | €251,896 | -€11,696 | -4.4% |
| Amounts payable after more than one year | 17 | €184,641 | €154,992 | -€29,648 | -16.1% |
| Financial debts | 170/4 | €184,641 | €154,992 | -€29,648 | -16.1% |
| Amounts payable within one year | 42/48 | €78,952 | €96,904 | +€17,952 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €56,854 | €57,623 | +€770 | +1.4% |
| Trade debts | 44 | €3,642 | €6,502 | +€2,859 | +78.5% |
| Suppliers | 440/4 | €3,642 | €6,502 | +€2,859 | +78.5% |
| Taxes, remuneration and social security | 45 | €18,455 | €15,479 | -€2,977 | -16.1% |
| Taxes | 450/3 | €11,186 | €7,875 | -€3,311 | -29.6% |
| Remuneration and social security | 454/9 | €7,269 | €7,603 | +€334 | +4.6% |
| Other amounts payable | 47/48 | - | €17,300 | +€17,300 | |
| Remuneration, social security and pensions | 62 | €64,048 | €66,443 | +€2,395 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,923 | €60,792 | -€131 | -0.2% |
| Other operating charges | 640/8 | €24,494 | €23,420 | -€1,074 | -4.4% |
| Non-recurring operating charges | 66A | €198 | - | -€198 | |
| Gross operating margin | 9900 | €189,576 | €186,407 | -€3,169 | -1.7% |
| Operating profit (loss) | 9901 | €39,912 | €35,751 | -€4,161 | -10.4% |
| Financial income | 75/76B | €1,860 | €1,468 | -€392 | -21.1% |
| Recurring financial income | 75 | €1,860 | €1,468 | -€392 | -21.1% |
| Financial charges | 65/66B | €7,138 | €8,801 | +€1,663 | +23.3% |
| Recurring financial charges | 65 | €7,138 | €8,801 | +€1,663 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €34,634 | €28,419 | -€6,215 | -17.9% |
| Income taxes | 67/77 | €11,821 | €5,738 | -€6,083 | -51.5% |
| Profit (loss) for the period | 9904 | €22,813 | €22,681 | -€132 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,813 | €22,681 | -€132 | -0.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.