DERMATOO: 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.
DERMATOO
Largest movements
- Intangible fixed assets +€432,563
up €432,563 (+17.7%), from €2.4m to €2.9m
- Cash -€142,444
down €142,444 (-84.1%), from €169,474 to €27,030
mainly Investment in fixed assets (net) (-€488,355) and Debts after one year (-€387,483)
- Contributions +€571,000
up €571,000 (+57.9%), from €986,270 to €1.6m
- Debts after one year -€387,483
down €387,483 (-49.0%), from €791,106 to €403,623
of which Other amounts payable: -€360,000
- Investment grants +€121,526
up €121,526 (+9.8%), from €1.2m to €1.4m
- Trade debts +€55,652
up €55,652 (+92.9%), from €59,906 to €115,557
- Accrued charges and deferred income -€43,268
down €43,268 (-100.0%), from €43,268 to €0
- Staff costs -€130,275
down €130,275 (-32.1%), from €405,804 to €275,528
- Gross operating margin +€53,979
up €53,979 (+20.1%), from €268,086 to €322,065
- Financial charges -€15,409
down €15,409 (-73.7%), from €20,909 to €5,500
- Other operating charges +€6,995
up €6,995 (+507.4%), from €1,379 to €8,374
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 | €2,739,808 | €3,001,528 | +€261,719 | +9.6% |
| Fixed assets | 21/28 | €2,471,641 | €2,901,824 | +€430,183 | +17.4% |
| Intangible fixed assets | 21 | €2,437,909 | €2,870,472 | +€432,563 | +17.7% |
| Tangible fixed assets | 22/27 | €33,732 | €31,352 | -€2,380 | -7.1% |
| Plant, machinery and equipment | 23 | €27,951 | €27,610 | -€340 | -1.2% |
| Furniture and vehicles | 24 | €5,781 | €3,742 | -€2,040 | -35.3% |
| Current assets | 29/58 | €268,167 | €99,703 | -€168,464 | -62.8% |
| Amounts receivable within one year | 40/41 | €97,472 | €70,430 | -€27,042 | -27.7% |
| Trade receivables | 40 | €25,385 | €43,706 | +€18,321 | +72.2% |
| Other amounts receivable | 41 | €72,087 | €26,724 | -€45,363 | -62.9% |
| Cash at bank and in hand | 54/58 | €169,474 | €27,030 | -€142,444 | -84.1% |
| Deferred charges and accrued income | 490/1 | €1,221 | €2,243 | +€1,022 | +83.8% |
| Total equity and liabilities | 10/49 | €2,739,808 | €3,001,528 | +€261,719 | +9.6% |
| Equity | 10/15 | €1,560,682 | €2,228,055 | +€667,373 | +42.8% |
| Contributions | 10/11 | €986,270 | €1,557,270 | +€571,000 | +57.9% |
| Profit (loss) carried forward | 14 | -€663,859 | -€689,012 | -€25,154 | -3.8% |
| Investment grants | 15 | €1,238,271 | €1,359,797 | +€121,526 | +9.8% |
| Amounts payable | 17/49 | €1,179,126 | €773,473 | -€405,653 | -34.4% |
| Amounts payable after more than one year | 17 | €791,106 | €403,623 | -€387,483 | -49.0% |
| Financial debts | 170/4 | €431,106 | €403,623 | -€27,483 | -6.4% |
| Other amounts payable | 178/9 | €360,000 | - | -€360,000 | |
| Amounts payable within one year | 42/48 | €344,753 | €369,850 | +€25,097 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €174,184 | €206,819 | +€32,635 | +18.7% |
| Trade debts | 44 | €59,906 | €115,557 | +€55,652 | +92.9% |
| Suppliers | 440/4 | €59,906 | €115,557 | +€55,652 | +92.9% |
| Taxes, remuneration and social security | 45 | €65,946 | €44,741 | -€21,205 | -32.2% |
| Taxes | 450/3 | €13,624 | €2,612 | -€11,012 | -80.8% |
| Remuneration and social security | 454/9 | €52,322 | €42,129 | -€10,193 | -19.5% |
| Other amounts payable | 47/48 | €44,718 | €2,733 | -€41,985 | -93.9% |
| Accrued charges and deferred income | 492/3 | €43,268 | €0 | -€43,268 | -100.0% |
| Remuneration, social security and pensions | 62 | €405,804 | €275,528 | -€130,275 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,478 | €58,172 | -€1,306 | -2.2% |
| Other operating charges | 640/8 | €1,379 | €8,374 | +€6,995 | +507.4% |
| Gross operating margin | 9900 | €268,086 | €322,065 | +€53,979 | +20.1% |
| Operating profit (loss) | 9901 | -€198,575 | -€20,010 | +€178,565 | +89.9% |
| Financial income | 75/76B | €2,201 | €373 | -€1,829 | -83.1% |
| Recurring financial income | 75 | €2,201 | €373 | -€1,829 | -83.1% |
| Financial charges | 65/66B | €20,909 | €5,500 | -€15,409 | -73.7% |
| Recurring financial charges | 65 | €20,909 | €5,500 | -€15,409 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | -€217,282 | -€25,137 | +€192,145 | +88.4% |
| Income taxes | 67/77 | €172 | €17 | -€155 | -90.3% |
| Profit (loss) for the period | 9904 | -€217,454 | -€25,154 | +€192,300 | +88.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€217,454 | -€25,154 | +€192,300 | +88.4% |
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 7 October 2026 via checked.be.