DEROCS: 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.
DEROCS
Largest movements
- Cash +€16,080
up €16,080 (+24.5%), from €65,659 to €81,739
mainly Net result for the year (+€34,184) and Depreciation (+€6,701)
- Receivables within one year +€13,376
up €13,376 (+62.8%), from €21,314 to €34,690
of which Trade receivables: +€13,376
- Tangible fixed assets -€6,701
down €6,701 (-6.8%), from €98,800 to €92,099
of which Land and buildings: -€6,012
- Reserves +€29,943
up €29,943 (+29.1%), from €102,887 to €132,831
- Debts after one year -€6,990
down €6,990 (-14.6%), from €47,884 to €40,894
- Depreciation -€13,776
down €13,776 (-67.3%), from €20,477 to €6,701
- Taxes +€5,420
up €5,420 (+65.7%), from €8,252 to €13,672
- Gross operating margin +€4,420
up €4,420 (+7.9%), from €56,156 to €60,576
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 | €187,684 | €210,731 | +€23,047 | +12.3% |
| Fixed assets | 21/28 | €98,800 | €92,099 | -€6,701 | -6.8% |
| Tangible fixed assets | 22/27 | €98,800 | €92,099 | -€6,701 | -6.8% |
| Land and buildings | 22 | €96,952 | €90,940 | -€6,012 | -6.2% |
| Furniture and vehicles | 24 | €1,848 | €1,159 | -€689 | -37.3% |
| Current assets | 29/58 | €88,884 | €118,631 | +€29,747 | +33.5% |
| Amounts receivable within one year | 40/41 | €21,314 | €34,690 | +€13,376 | +62.8% |
| Trade receivables | 40 | €19,566 | €32,942 | +€13,376 | +68.4% |
| Other amounts receivable | 41 | €1,748 | €1,748 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,659 | €81,739 | +€16,080 | +24.5% |
| Deferred charges and accrued income | 490/1 | €1,911 | €2,202 | +€291 | +15.2% |
| Total equity and liabilities | 10/49 | €187,684 | €210,731 | +€23,047 | +12.3% |
| Equity | 10/15 | €115,287 | €145,231 | +€29,943 | +26.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €102,887 | €132,831 | +€29,943 | +29.1% |
| Distributable reserves | 133 | €102,887 | €132,831 | +€29,943 | +29.1% |
| Amounts payable | 17/49 | €72,397 | €65,500 | -€6,897 | -9.5% |
| Amounts payable after more than one year | 17 | €47,884 | €40,894 | -€6,990 | -14.6% |
| Financial debts | 170/4 | €47,884 | €40,894 | -€6,990 | -14.6% |
| Amounts payable within one year | 42/48 | €24,410 | €24,606 | +€197 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €6,718 | €6,990 | +€273 | +4.1% |
| Trade debts | 44 | €435 | €1,620 | +€1,186 | +272.7% |
| Suppliers | 440/4 | €435 | €1,620 | +€1,186 | +272.7% |
| Taxes, remuneration and social security | 45 | €16,605 | €15,367 | -€1,239 | -7.5% |
| Taxes | 450/3 | €16,605 | €15,367 | -€1,239 | -7.5% |
| Other amounts payable | 47/48 | €652 | €629 | -€23 | -3.5% |
| Accrued charges and deferred income | 492/3 | €103 | - | -€103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,477 | €6,701 | -€13,776 | -67.3% |
| Other operating charges | 640/8 | €2,519 | €2,165 | -€354 | -14.0% |
| Gross operating margin | 9900 | €56,156 | €60,576 | +€4,420 | +7.9% |
| Operating profit (loss) | 9901 | €33,159 | €51,710 | +€18,551 | +55.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,403 | €3,855 | -€548 | -12.4% |
| Recurring financial charges | 65 | €4,403 | €3,855 | -€548 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €28,756 | €47,856 | +€19,100 | +66.4% |
| Income taxes | 67/77 | €8,252 | €13,672 | +€5,420 | +65.7% |
| Profit (loss) for the period | 9904 | €20,504 | €34,184 | +€13,680 | +66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,504 | €34,184 | +€13,680 | +66.7% |
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.