DERMANESTH: 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.
DERMANESTH
Largest movements
- Cash +€63,424
up €63,424 (+18.0%), from €352,275 to €415,698
mainly Other debts (+€177,463) and Net result for the year (+€130,244)
- Tangible fixed assets +€58,279
up €58,279 (+16.4%), from €354,689 to €412,968
of which Plant, machinery and equipment: +€46,559
- Deferred charges and accrued income +€12,011
up €12,011 (+11.6%), from €103,480 to €115,491
- Other debts +€177,463
up €177,463 (+63.5%), from €279,561 to €457,024
- Tax, wage and social debts -€25,014
down €25,014 (-87.7%), from €28,510 to €3,496
of which Taxes: -€24,645
- Debts after one year -€17,507
down €17,507 (-7.5%), from €234,436 to €216,930
- Gross operating margin -€56,957
down €56,957 (-14.2%), from €400,128 to €343,171
- Taxes -€17,110
down €17,110 (-28.5%), from €59,997 to €42,887
- Financial charges +€11,032
up €11,032 (+11.1%), from €99,153 to €110,186
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €828,631 | €963,270 | +€134,639 | +16.2% |
| Fixed assets | 21/28 | €354,689 | €412,968 | +€58,279 | +16.4% |
| Tangible fixed assets | 22/27 | €354,689 | €412,968 | +€58,279 | +16.4% |
| Land and buildings | 22 | €221,683 | €215,025 | -€6,658 | -3.0% |
| Plant, machinery and equipment | 23 | €79,990 | €126,549 | +€46,559 | +58.2% |
| Furniture and vehicles | 24 | €53,015 | €71,394 | +€18,378 | +34.7% |
| Current assets | 29/58 | €473,943 | €550,302 | +€76,359 | +16.1% |
| Amounts receivable within one year | 40/41 | €18,188 | €19,113 | +€925 | +5.1% |
| Other amounts receivable | 41 | €18,188 | €19,113 | +€925 | +5.1% |
| Cash at bank and in hand | 54/58 | €352,275 | €415,698 | +€63,424 | +18.0% |
| Deferred charges and accrued income | 490/1 | €103,480 | €115,491 | +€12,011 | +11.6% |
| Total equity and liabilities | 10/49 | €828,631 | €963,270 | +€134,639 | +16.2% |
| Equity | 10/15 | €260,103 | €260,103 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241,503 | €241,503 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €239,643 | €239,643 | = | 0.0% |
| Amounts payable | 17/49 | €568,528 | €703,167 | +€134,639 | +23.7% |
| Amounts payable after more than one year | 17 | €234,436 | €216,930 | -€17,507 | -7.5% |
| Financial debts | 170/4 | €234,436 | €216,930 | -€17,507 | -7.5% |
| Amounts payable within one year | 42/48 | €334,092 | €486,237 | +€152,145 | +45.5% |
| Current portion of amounts payable after more than one year | 42 | €24,953 | €25,507 | +€553 | +2.2% |
| Trade debts | 44 | €1,067 | €210 | -€857 | -80.3% |
| Suppliers | 440/4 | €1,067 | €210 | -€857 | -80.3% |
| Taxes, remuneration and social security | 45 | €28,510 | €3,496 | -€25,014 | -87.7% |
| Taxes | 450/3 | €28,045 | €3,400 | -€24,645 | -87.9% |
| Remuneration and social security | 454/9 | €465 | €96 | -€369 | -79.4% |
| Other amounts payable | 47/48 | €279,561 | €457,024 | +€177,463 | +63.5% |
| Remuneration, social security and pensions | 62 | €18,201 | €15,839 | -€2,362 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,049 | €33,849 | +€3,800 | +12.6% |
| Other operating charges | 640/8 | €5,853 | €6,974 | +€1,120 | +19.1% |
| Non-recurring operating charges | 66A | - | €3,193 | +€3,193 | |
| Gross operating margin | 9900 | €400,128 | €343,171 | -€56,957 | -14.2% |
| Operating profit (loss) | 9901 | €346,026 | €283,317 | -€62,709 | -18.1% |
| Financial charges | 65/66B | €99,153 | €110,186 | +€11,032 | +11.1% |
| Recurring financial charges | 65 | €99,153 | €110,186 | +€11,032 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €246,872 | €173,131 | -€73,741 | -29.9% |
| Income taxes | 67/77 | €59,997 | €42,887 | -€17,110 | -28.5% |
| Profit (loss) for the period | 9904 | €186,876 | €130,244 | -€56,631 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €186,876 | €130,244 | -€56,631 | -30.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.