DEROANNE: 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.
What changed
DEROANNE
NACE 46.500, Wholesale of information and communication equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€100,246
2024 · -€8,395-€91,851
Equity
€200,838
2024 · €299,914-€99,077
Cash
€36,428
2024 · €52,199-€15,771
Balance sheet total
€3.5m
2024 · €3.4m+€72,383
Largest movements
Assets
- Tangible fixed assets +€75,811
up €75,811 (+5.4%), from €1.4m to €1.5m
of which Furniture and vehicles: +€81,760
Equity and liabilities
- Short-term financial debts +€685,920
up €685,920 (+234%), from €293,543 to €979,462
- Trade debts -€437,465
down €437,465 (-37.7%), from €1.2m to €722,733
- Debts after one year -€143,840
down €143,840 (-18.9%), from €759,298 to €615,458
of which Financial debts: -€149,280
- Other debts +€124,459
up €124,459 (+61.7%), from €201,661 to €326,120
- Profit (loss) carried forward -€100,246
down €100,246 (-46.0%), from -€217,751 to -€317,997
Income statement
- Gross operating margin -€389,966
down €389,966 (-16.7%), from €2.3m to €1.9m
- Staff costs -€305,936
down €305,936 (-15.6%), from €2.0m to €1.7m
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.
Result 2024
-€8,395
Gross operating margin
-€389,966
Staff costs
+€305,936
Depreciation
+€18,200
Write-downs
+€1,671
Other operating charges
-€6,422
Financial income
-€9,499
Financial charges
-€11,387
Taxes
+€205
Deferred taxes and other
-€589
Result 2025
-€100,246
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€164,247
Investment
-€349,484
Financing
+€497,960
Cash 2024
€52,199
From operations (derived)
-€164,247
Net result for the year
-€100,246
Depreciation
+€273,004
Stocks and contracts
+€24,743
Receivables within one year
-€28,933
Deferred charges and accrued income
-€7,484
Smaller working-capital items
-€287
Trade debts
-€437,465
Tax, wage and social debts
-€12,038
Other debts
+€124,459
Investment (derived)
-€349,484
Investment in fixed assets (net)
-€348,815
Current investments
-€669
Financing
+€497,960
Debts after one year
-€143,840
Current portion of long-term debt
-€45,290
Short-term financial debts
+€685,920
Contributions, distributions and other
+€1,170
Cash 2025
€36,428
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,432,104 | €3,504,487 | +€72,383 | +2.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,413,962 | €1,489,773 | +€75,811 | +5.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,413,962 | €1,489,773 | +€75,811 | +5.4% |
| Land and buildings | 22 | €886,707 | €877,498 | -€9,209 | -1.0% |
| Plant, machinery and equipment | 23 | €2,452 | €5,712 | +€3,260 | +133% |
| Furniture and vehicles | 24 | €524,803 | €606,563 | +€81,760 | +15.6% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €2,018,142 | €2,014,714 | -€3,428 | -0.2% |
| Stocks and contracts in progress | 3 | €660,274 | €635,530 | -€24,743 | -3.7% |
| Stocks | 30/36 | €660,274 | €635,530 | -€24,743 | -3.7% |
| Amounts receivable within one year | 40/41 | €1,237,574 | €1,266,507 | +€28,933 | +2.3% |
| Trade receivables | 40 | €1,120,877 | €928,847 | -€192,030 | -17.1% |
| Other amounts receivable | 41 | €116,696 | €337,660 | +€220,963 | +189% |
| Current investments | 50/53 | €5,843 | €6,512 | +€669 | +11.4% |
| Cash at bank and in hand | 54/58 | €52,199 | €36,428 | -€15,771 | -30.2% |
| Deferred charges and accrued income | 490/1 | €62,253 | €69,737 | +€7,484 | +12.0% |
| Total equity and liabilities | 10/49 | €3,432,104 | €3,504,487 | +€72,383 | +2.1% |
| Equity | 10/15 | €299,914 | €200,838 | -€99,077 | -33.0% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €77,500 | €77,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | -€217,751 | -€317,997 | -€100,246 | -46.0% |
| Investment grants | 15 | €40,165 | €41,335 | +€1,170 | +2.9% |
| Provisions and deferred taxes | 16 | €765 | €775 | +€10 | +1.3% |
| Deferred taxes | 168 | €765 | €775 | +€10 | +1.3% |
| Amounts payable | 17/49 | €3,131,425 | €3,302,874 | +€171,449 | +5.5% |
| Amounts payable after more than one year | 17 | €759,298 | €615,458 | -€143,840 | -18.9% |
| Financial debts | 170/4 | €759,298 | €610,018 | -€149,280 | -19.7% |
| Other amounts payable | 178/9 | - | €5,440 | +€5,440 | |
| Amounts payable within one year | 42/48 | €2,371,551 | €2,687,137 | +€315,586 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €364,561 | €319,272 | -€45,290 | -12.4% |
| Financial debts | 43 | €293,543 | €979,462 | +€685,920 | +234% |
| Credit institutions | 430/8 | €293,543 | €979,462 | +€685,920 | +234% |
| Trade debts | 44 | €1,160,197 | €722,733 | -€437,465 | -37.7% |
| Suppliers | 440/4 | €1,160,197 | €722,733 | -€437,465 | -37.7% |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €351,589 | €339,550 | -€12,038 | -3.4% |
| Taxes | 450/3 | €109,166 | €116,228 | +€7,061 | +6.5% |
| Remuneration and social security | 454/9 | €242,422 | €223,323 | -€19,100 | -7.9% |
| Other amounts payable | 47/48 | €201,661 | €326,120 | +€124,459 | +61.7% |
| Accrued charges and deferred income | 492/3 | €576 | €279 | -€297 | -51.5% |
| Remuneration, social security and pensions | 62 | €1,966,145 | €1,660,209 | -€305,936 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291,204 | €273,004 | -€18,200 | -6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,905 | €3,234 | -€1,671 | -34.1% |
| Other operating charges | 640/8 | €32,820 | €39,242 | +€6,422 | +19.6% |
| Gross operating margin | 9900 | €2,339,396 | €1,949,430 | -€389,966 | -16.7% |
| Operating profit (loss) | 9901 | €44,322 | -€26,259 | -€70,581 | |
| Financial income | 75/76B | €9,499 | €0 | -€9,499 | -100% |
| Recurring financial income | 75 | €9,499 | €0 | -€9,499 | -100% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €58,377 | €69,763 | +€11,387 | +19.5% |
| Recurring financial charges | 65 | €58,377 | €69,763 | +€11,387 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,555 | -€96,023 | -€91,467 | -2,008% |
| Transfer from deferred taxes | 780 | €589 | €0 | -€589 | -100% |
| Income taxes | 67/77 | €4,428 | €4,224 | -€205 | -4.6% |
| Profit (loss) for the period | 9904 | -€8,395 | -€100,246 | -€91,851 | -1,094% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,395 | -€100,246 | -€91,851 | -1,094% |
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 19 October 2026 via checked.be.