DERMURON: 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.
DERMURON
Largest movements
- Current investments +€90,000
up €90,000 (+17.0%), from €530,042 to €620,042
- Cash -€27,263
down €27,263 (-28.6%), from €95,271 to €68,008
mainly Contributions, distributions and other (-€165,000) and Current investments (-€90,000)
- Tangible fixed assets +€10,875
up €10,875 (+27.9%), from €39,047 to €49,921
of which Plant, machinery and equipment: +€13,744
- Other debts +€104,832
up €104,832 (+173.2%), from €60,523 to €165,355
- Reserves -€24,000
down €24,000 (-4.1%), from €586,720 to €562,720
- Financial income -€22,339
down €22,339 (-71.0%), from €31,460 to €9,120
- Gross operating margin -€16,400
down €16,400 (-5.0%), from €326,217 to €309,816
- Taxes -€9,172
down €9,172 (-12.1%), from €75,509 to €66,337
- Depreciation +€3,763
up €3,763 (+40.0%), from €9,416 to €13,179
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 | €707,780 | €788,418 | +€80,638 | +11.4% |
| Fixed assets | 21/28 | €57,638 | €68,513 | +€10,875 | +18.9% |
| Tangible fixed assets | 22/27 | €39,047 | €49,921 | +€10,875 | +27.9% |
| Plant, machinery and equipment | 23 | €35,602 | €49,345 | +€13,744 | +38.6% |
| Furniture and vehicles | 24 | €3,445 | €576 | -€2,869 | -83.3% |
| Financial fixed assets | 28 | €18,592 | €18,592 | = | 0.0% |
| Current assets | 29/58 | €650,142 | €719,905 | +€69,763 | +10.7% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,297 | €13,293 | +€1,996 | +17.7% |
| Other amounts receivable | 41 | €11,297 | €13,293 | +€1,996 | +17.7% |
| Current investments | 50/53 | €530,042 | €620,042 | +€90,000 | +17.0% |
| Cash at bank and in hand | 54/58 | €95,271 | €68,008 | -€27,263 | -28.6% |
| Deferred charges and accrued income | 490/1 | €3,533 | €8,563 | +€5,030 | +142.4% |
| Total equity and liabilities | 10/49 | €707,780 | €788,418 | +€80,638 | +11.4% |
| Equity | 10/15 | €626,169 | €602,793 | -€23,376 | -3.7% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €586,720 | €562,720 | -€24,000 | -4.1% |
| Distributable reserves | 133 | €586,720 | €562,720 | -€24,000 | -4.1% |
| Profit (loss) carried forward | 14 | €2,249 | €2,873 | +€624 | +27.8% |
| Amounts payable | 17/49 | €81,612 | €185,625 | +€104,013 | +127.4% |
| Amounts payable within one year | 42/48 | €81,612 | €185,549 | +€103,937 | +127.4% |
| Financial debts | 43 | €3,395 | €0 | -€3,395 | -100.0% |
| Credit institutions | 430/8 | €3,395 | €0 | -€3,395 | -100.0% |
| Trade debts | 44 | €558 | €2,627 | +€2,068 | +370.4% |
| Suppliers | 440/4 | €558 | €2,627 | +€2,068 | +370.4% |
| Taxes, remuneration and social security | 45 | €17,135 | €17,567 | +€432 | +2.5% |
| Remuneration and social security | 454/9 | €17,135 | €17,567 | +€432 | +2.5% |
| Other amounts payable | 47/48 | €60,523 | €165,355 | +€104,832 | +173.2% |
| Accrued charges and deferred income | 492/3 | €0 | €76 | +€76 | |
| Remuneration, social security and pensions | 62 | €94,288 | €97,003 | +€2,714 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,416 | €13,179 | +€3,763 | +40.0% |
| Other operating charges | 640/8 | €580 | €468 | -€112 | -19.3% |
| Gross operating margin | 9900 | €326,217 | €309,816 | -€16,400 | -5.0% |
| Operating profit (loss) | 9901 | €221,932 | €199,166 | -€22,766 | -10.3% |
| Financial income | 75/76B | €31,460 | €9,120 | -€22,339 | -71.0% |
| Recurring financial income | 75 | €31,460 | €9,120 | -€22,339 | -71.0% |
| Financial charges | 65/66B | €1,279 | €326 | -€954 | -74.6% |
| Recurring financial charges | 65 | €1,279 | €326 | -€954 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €252,112 | €207,961 | -€44,151 | -17.5% |
| Income taxes | 67/77 | €75,509 | €66,337 | -€9,172 | -12.1% |
| Profit (loss) for the period | 9904 | €176,604 | €141,624 | -€34,979 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €176,604 | €141,624 | -€34,979 | -19.8% |
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 3 October 2026 via checked.be.