DEROEVER: 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.
DEROEVER
Largest movements
- Receivables within one year +€170,538
up €170,538 (+88.1%), from €193,583 to €364,121
of which Trade receivables: +€139,908
- Stocks and contracts +€125,165
up €125,165 (+250.9%), from €49,887 to €175,052
of which Contracts in progress: +€124,330
- Accrued charges and deferred income +€130,207
up €130,207 (+512.1%), from €25,425 to €155,632
- Trade debts +€104,649
up €104,649 (+1187.9%), from €8,810 to €113,459
- Tax, wage and social debts +€50,412
up €50,412 (+52.0%), from €96,959 to €147,371
of which Remuneration and social security: +€29,824
- Reserves +€35,112
up €35,112 (+30.4%), from €115,529 to €150,641
of which Distributable reserves: +€35,112
- Debts after one year -€23,300
down €23,300 (-99.1%), from €23,500 to €200
- Staff costs -€29,703
down €29,703 (-27.1%), from €109,578 to €79,875
- Gross operating margin -€18,286
down €18,286 (-10.0%), from €183,317 to €165,031
- Financial charges +€17,682
up €17,682 (+319.0%), from €5,543 to €23,225
- Other operating charges -€13,966
down €13,966 (-80.8%), from €17,292 to €3,326
- Depreciation -€6,790
down €6,790 (-67.2%), from €10,108 to €3,319
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €278,299 | €581,841 | +€303,541 | +109.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €7,202 | €13,173 | +€5,971 | +82.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €4,840 | €7,202 | +€2,363 | +48.8% |
| Plant, machinery and equipment | 23 | €3,669 | €3,770 | +€101 | +2.7% |
| Furniture and vehicles | 24 | €1,170 | €3,432 | +€2,262 | +193.3% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,362 | €5,971 | +€3,609 | +152.8% |
| Current assets | 29/58 | €271,098 | €568,668 | +€297,570 | +109.8% |
| Stocks and contracts in progress | 3 | €49,887 | €175,052 | +€125,165 | +250.9% |
| Stocks | 30/36 | €4,887 | €5,722 | +€835 | +17.1% |
| Contracts in progress | 37 | €45,000 | €169,330 | +€124,330 | +276.3% |
| Amounts receivable within one year | 40/41 | €193,583 | €364,121 | +€170,538 | +88.1% |
| Trade receivables | 40 | €87,599 | €227,507 | +€139,908 | +159.7% |
| Other amounts receivable | 41 | €105,984 | €136,614 | +€30,630 | +28.9% |
| Cash at bank and in hand | 54/58 | €27,510 | €29,494 | +€1,984 | +7.2% |
| Deferred charges and accrued income | 490/1 | €117 | - | -€117 | |
| Total equity and liabilities | 10/49 | €278,299 | €581,841 | +€303,541 | +109.1% |
| Equity | 10/15 | €121,729 | €156,841 | +€35,112 | +28.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €115,529 | €150,641 | +€35,112 | +30.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €113,669 | €148,781 | +€35,112 | +30.9% |
| Amounts payable | 17/49 | €156,570 | €424,999 | +€268,429 | +171.4% |
| Amounts payable after more than one year | 17 | €23,500 | €200 | -€23,300 | -99.1% |
| Financial debts | 170/4 | €23,500 | €200 | -€23,300 | -99.1% |
| Amounts payable within one year | 42/48 | €107,645 | €269,167 | +€161,522 | +150.1% |
| Current portion of amounts payable after more than one year | 42 | €1,877 | €8,338 | +€6,461 | +344.3% |
| Trade debts | 44 | €8,810 | €113,459 | +€104,649 | +1187.9% |
| Suppliers | 440/4 | €8,810 | €113,459 | +€104,649 | +1187.9% |
| Taxes, remuneration and social security | 45 | €96,959 | €147,371 | +€50,412 | +52.0% |
| Taxes | 450/3 | €26,156 | €46,744 | +€20,588 | +78.7% |
| Remuneration and social security | 454/9 | €70,802 | €100,627 | +€29,824 | +42.1% |
| Accrued charges and deferred income | 492/3 | €25,425 | €155,632 | +€130,207 | +512.1% |
| Non-recurring operating income | 76A | €7 | - | -€7 | |
| Remuneration, social security and pensions | 62 | €109,578 | €79,875 | -€29,703 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,108 | €3,319 | -€6,790 | -67.2% |
| Other operating charges | 640/8 | €17,292 | €3,326 | -€13,966 | -80.8% |
| Gross operating margin | 9900 | €183,317 | €165,031 | -€18,286 | -10.0% |
| Operating profit (loss) | 9901 | €46,338 | €78,510 | +€32,172 | +69.4% |
| Financial income | 75/76B | €4,492 | €162 | -€4,330 | -96.4% |
| Recurring financial income | 75 | €4,492 | €162 | -€4,330 | -96.4% |
| Financial charges | 65/66B | €5,543 | €23,225 | +€17,682 | +319.0% |
| Recurring financial charges | 65 | €5,543 | €23,225 | +€17,682 | +319.0% |
| Profit (loss) for the period before taxes | 9903 | €45,287 | €55,447 | +€10,160 | +22.4% |
| Income taxes | 67/77 | €19,078 | €20,335 | +€1,257 | +6.6% |
| Profit (loss) for the period | 9904 | €26,210 | €35,112 | +€8,902 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,210 | €35,112 | +€8,902 | +34.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.