DERMAPAM: 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.
DERMAPAM
Largest movements
- Cash +€24,700
up €24,700 (+28.4%), from €87,070 to €111,770
mainly Net result for the year (+€57,415) and Depreciation (+€10,813)
- Receivables within one year +€12,747
up €12,747 (+311%), from €4,095 to €16,842
of which Trade receivables: +€12,747
- Tangible fixed assets -€5,421
down €5,421 (-2.5%), from €216,671 to €211,250
of which Land and buildings: -€8,295
- Reserves +€57,410
up €57,410 (+88.7%), from €64,694 to €122,104
- Debts after one year -€13,878
down €13,878 (-7.8%), from €177,466 to €163,588
- Other debts -€13,258
down €13,258 (-71.3%), from €18,590 to €5,331
- Gross operating margin +€36,598
up €36,598 (+52.1%), from €70,248 to €106,846
- Taxes +€16,879
up €16,879 (+155%), from €10,905 to €27,784
- Other operating charges +€3,833
up €3,833 (+293%), from €1,309 to €5,142
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 | €313,676 | €347,024 | +€33,348 | +10.6% |
| Fixed assets | 21/28 | €219,406 | €214,074 | -€5,332 | -2.4% |
| Intangible fixed assets | 21 | €1,327 | €892 | -€436 | -32.8% |
| Tangible fixed assets | 22/27 | €216,671 | €211,250 | -€5,421 | -2.5% |
| Land and buildings | 22 | €202,034 | €193,739 | -€8,295 | -4.1% |
| Plant, machinery and equipment | 23 | €10,972 | €9,546 | -€1,426 | -13.0% |
| Furniture and vehicles | 24 | €3,666 | €4,778 | +€1,112 | +30.3% |
| Other tangible fixed assets | 26 | - | €3,188 | +€3,188 | |
| Financial fixed assets | 28 | €1,407 | €1,932 | +€525 | +37.3% |
| Current assets | 29/58 | €94,270 | €132,951 | +€38,680 | +41.0% |
| Amounts receivable within one year | 40/41 | €4,095 | €16,842 | +€12,747 | +311% |
| Trade receivables | 40 | - | €12,747 | +€12,747 | |
| Other amounts receivable | 41 | €4,095 | €4,095 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87,070 | €111,770 | +€24,700 | +28.4% |
| Deferred charges and accrued income | 490/1 | €3,105 | €4,338 | +€1,233 | +39.7% |
| Total equity and liabilities | 10/49 | €313,676 | €347,024 | +€33,348 | +10.6% |
| Equity | 10/15 | €93,316 | €150,732 | +€57,415 | +61.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €64,694 | €122,104 | +€57,410 | +88.7% |
| Distributable reserves | 133 | €64,694 | €122,104 | +€57,410 | +88.7% |
| Profit (loss) carried forward | 14 | €22,622 | €22,628 | +€5 | 0.0% |
| Amounts payable | 17/49 | €220,360 | €196,293 | -€24,067 | -10.9% |
| Amounts payable after more than one year | 17 | €177,466 | €163,588 | -€13,878 | -7.8% |
| Financial debts | 170/4 | €177,466 | €163,588 | -€13,878 | -7.8% |
| Amounts payable within one year | 42/48 | €42,894 | €32,705 | -€10,189 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €13,498 | €13,878 | +€380 | +2.8% |
| Trade debts | 44 | €63 | €3,407 | +€3,345 | +5,348% |
| Suppliers | 440/4 | €63 | €3,407 | +€3,345 | +5,348% |
| Taxes, remuneration and social security | 45 | €10,743 | €10,088 | -€655 | -6.1% |
| Taxes | 450/3 | €10,743 | €8,084 | -€2,659 | -24.8% |
| Remuneration and social security | 454/9 | - | €2,004 | +€2,004 | |
| Other amounts payable | 47/48 | €18,590 | €5,331 | -€13,258 | -71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,096 | €10,813 | -€283 | -2.6% |
| Other operating charges | 640/8 | €1,309 | €5,142 | +€3,833 | +293% |
| Gross operating margin | 9900 | €70,248 | €106,846 | +€36,598 | +52.1% |
| Operating profit (loss) | 9901 | €57,843 | €90,891 | +€33,047 | +57.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -85.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -85.7% |
| Financial charges | 65/66B | €6,055 | €5,691 | -€363 | -6.0% |
| Recurring financial charges | 65 | €6,055 | €5,691 | -€363 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €51,789 | €85,199 | +€33,410 | +64.5% |
| Income taxes | 67/77 | €10,905 | €27,784 | +€16,879 | +155% |
| Profit (loss) for the period | 9904 | €40,884 | €57,415 | +€16,531 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,884 | €57,415 | +€16,531 | +40.4% |
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.