DERMAUT GREGORY: 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.
DERMAUT GREGORY
Largest movements
- Receivables within one year +€48,613
up €48,613 (+75.8%), from €64,174 to €112,787
of which Trade receivables: +€51,105
- Cash -€4,503
down €4,503 (-10.7%), from €41,952 to €37,449
mainly Receivables within one year (-€48,613) and Investment in fixed assets (net) (-€4,582)
- Tangible fixed assets +€1,878
up €1,878 (+35.7%), from €5,265 to €7,144
of which Plant, machinery and equipment: +€2,310
- Stocks and contracts -€1,835
down €1,835 (-28.8%), from €6,372 to €4,538
- Trade debts +€22,860
up €22,860 (+53.4%), from €42,812 to €65,672
of which Suppliers: +€42,860
- Reserves +€18,008
up €18,008 (+40.0%), from €45,014 to €63,022
- Other debts +€4,113
up €4,113 (+25.3%), from €16,261 to €20,375
- Gross operating margin +€4,963
up €4,963 (+16.0%), from €31,034 to €35,997
- Write-downs +€2,777
new in 2025: €2,777
- Staff costs -€2,528
down €2,528 (-69.5%), from €3,635 to €1,107
- Depreciation +€1,767
up €1,767 (+188%), from €937 to €2,704
- Taxes +€729
up €729 (+15.2%), from €4,786 to €5,515
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 | €118,836 | €162,986 | +€44,150 | +37.2% |
| Fixed assets | 21/28 | €5,265 | €7,144 | +€1,878 | +35.7% |
| Tangible fixed assets | 22/27 | €5,265 | €7,144 | +€1,878 | +35.7% |
| Plant, machinery and equipment | 23 | €4,220 | €6,530 | +€2,310 | +54.7% |
| Furniture and vehicles | 24 | €1,045 | €613 | -€432 | -41.3% |
| Current assets | 29/58 | €113,571 | €155,842 | +€42,271 | +37.2% |
| Stocks and contracts in progress | 3 | €6,372 | €4,538 | -€1,835 | -28.8% |
| Stocks | 30/36 | €6,372 | €4,538 | -€1,835 | -28.8% |
| Amounts receivable within one year | 40/41 | €64,174 | €112,787 | +€48,613 | +75.8% |
| Trade receivables | 40 | €52,814 | €103,919 | +€51,105 | +96.8% |
| Other amounts receivable | 41 | €11,360 | €8,868 | -€2,492 | -21.9% |
| Cash at bank and in hand | 54/58 | €41,952 | €37,449 | -€4,503 | -10.7% |
| Deferred charges and accrued income | 490/1 | €1,072 | €1,068 | -€4 | -0.4% |
| Total equity and liabilities | 10/49 | €118,836 | €162,986 | +€44,150 | +37.2% |
| Equity | 10/15 | €55,014 | €73,022 | +€18,008 | +32.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €45,014 | €63,022 | +€18,008 | +40.0% |
| Distributable reserves | 133 | €45,014 | €63,022 | +€18,008 | +40.0% |
| Amounts payable | 17/49 | €63,822 | €89,964 | +€26,142 | +41.0% |
| Amounts payable within one year | 42/48 | €63,822 | €89,964 | +€26,142 | +41.0% |
| Trade debts | 44 | €42,812 | €65,672 | +€22,860 | +53.4% |
| Suppliers | 440/4 | €22,812 | €65,672 | +€42,860 | +188% |
| Bills of exchange payable | 441 | €20,000 | €0 | -€20,000 | -100% |
| Taxes, remuneration and social security | 45 | €4,748 | €3,917 | -€832 | -17.5% |
| Taxes | 450/3 | €3,111 | €3,386 | +€275 | +8.9% |
| Remuneration and social security | 454/9 | €1,637 | €530 | -€1,107 | -67.6% |
| Other amounts payable | 47/48 | €16,261 | €20,375 | +€4,113 | +25.3% |
| Remuneration, social security and pensions | 62 | €3,635 | €1,107 | -€2,528 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €937 | €2,704 | +€1,767 | +188% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,777 | +€2,777 | |
| Other operating charges | 640/8 | €1,139 | €1,103 | -€37 | -3.2% |
| Gross operating margin | 9900 | €31,034 | €35,997 | +€4,963 | +16.0% |
| Operating profit (loss) | 9901 | €25,322 | €28,306 | +€2,984 | +11.8% |
| Financial income | 75/76B | €109 | €146 | +€37 | +34.0% |
| Recurring financial income | 75 | €109 | €146 | +€37 | +34.0% |
| Financial charges | 65/66B | €4,870 | €4,929 | +€59 | +1.2% |
| Recurring financial charges | 65 | €4,870 | €4,929 | +€59 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €20,561 | €23,523 | +€2,962 | +14.4% |
| Income taxes | 67/77 | €4,786 | €5,515 | +€729 | +15.2% |
| Profit (loss) for the period | 9904 | €15,775 | €18,008 | +€2,233 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,775 | €18,008 | +€2,233 | +14.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.