DEROB: what changed
DEROB
Largest movements
- Cash -€35,214
down €35,214 (-71.4%), from €49,344 to €14,130
mainly Contributions, distributions and other (-€60,000) and Current portion of long-term debt (-€12,873)
- Receivables within one year -€8,434
down €8,434 (-48.5%), from €17,404 to €8,970
of which Other amounts receivable: -€8,434
- Tangible fixed assets -€6,703
down €6,703 (-16.6%), from €40,326 to €33,622
of which Land and buildings: -€5,000
- Profit (loss) carried forward -€33,694
down €33,694 (-40.2%), from €83,827 to €50,133
- Current portion of long-term debt -€12,873
no longer reported in 2025 (was €12,873)
- Tax, wage and social debts -€5,083
down €5,083 (-48.4%), from €10,505 to €5,422
- Other debts +€2,590
up €2,590 (+1,057%), from €245 to €2,835
- Trade debts -€1,244
down €1,244 (-95.8%), from €1,298 to €54
- Gross operating margin +€17,891
up €17,891 (+60.4%), from €29,607 to €47,498
- Taxes +€3,958
up €3,958 (+56.4%), from €7,012 to €10,970
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,249 | €60,945 | -€50,304 | -45.2% |
| Fixed assets | 21/28 | €42,443 | €35,739 | -€6,703 | -15.8% |
| Tangible fixed assets | 22/27 | €40,326 | €33,622 | -€6,703 | -16.6% |
| Land and buildings | 22 | €34,863 | €29,863 | -€5,000 | -14.3% |
| Plant, machinery and equipment | 23 | €5,055 | €3,576 | -€1,479 | -29.3% |
| Furniture and vehicles | 24 | €408 | €183 | -€224 | -55.1% |
| Financial fixed assets | 28 | €2,117 | €2,117 | = | 0.0% |
| Current assets | 29/58 | €68,806 | €25,206 | -€43,601 | -63.4% |
| Amounts receivable within one year | 40/41 | €17,404 | €8,970 | -€8,434 | -48.5% |
| Trade receivables | 40 | €8,970 | €8,970 | = | 0.0% |
| Other amounts receivable | 41 | €8,434 | - | -€8,434 | |
| Cash at bank and in hand | 54/58 | €49,344 | €14,130 | -€35,214 | -71.4% |
| Deferred charges and accrued income | 490/1 | €2,058 | €2,105 | +€48 | +2.3% |
| Total equity and liabilities | 10/49 | €111,249 | €60,945 | -€50,304 | -45.2% |
| Equity | 10/15 | €86,327 | €52,633 | -€33,694 | -39.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,827 | €50,133 | -€33,694 | -40.2% |
| Amounts payable | 17/49 | €24,921 | €8,311 | -€16,610 | -66.6% |
| Amounts payable within one year | 42/48 | €24,921 | €8,311 | -€16,610 | -66.6% |
| Current portion of amounts payable after more than one year | 42 | €12,873 | - | -€12,873 | |
| Trade debts | 44 | €1,298 | €54 | -€1,244 | -95.8% |
| Suppliers | 440/4 | €1,298 | €54 | -€1,244 | -95.8% |
| Taxes, remuneration and social security | 45 | €10,505 | €5,422 | -€5,083 | -48.4% |
| Taxes | 450/3 | €10,505 | €5,422 | -€5,083 | -48.4% |
| Other amounts payable | 47/48 | €245 | €2,835 | +€2,590 | +1,057% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,473 | €7,694 | +€221 | +3.0% |
| Other operating charges | 640/8 | €3,450 | €3,390 | -€60 | -1.7% |
| Gross operating margin | 9900 | €29,607 | €47,498 | +€17,891 | +60.4% |
| Operating profit (loss) | 9901 | €18,683 | €36,414 | +€17,730 | +94.9% |
| Financial income | 75/76B | €1,000 | €1,000 | = | 0.0% |
| Recurring financial income | 75 | €1,000 | €1,000 | = | 0.0% |
| Financial charges | 65/66B | €391 | €138 | -€253 | -64.7% |
| Recurring financial charges | 65 | €391 | €138 | -€253 | -64.7% |
| Profit (loss) for the period before taxes | 9903 | €19,292 | €37,276 | +€17,983 | +93.2% |
| Income taxes | 67/77 | €7,012 | €10,970 | +€3,958 | +56.4% |
| Profit (loss) for the period | 9904 | €12,280 | €26,306 | +€14,026 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €12,280 | €26,306 | +€14,026 | +114% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.