DEROFOOD: 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.
DEROFOOD
Largest movements
- Current investments -€100,000
down €100,000 (-76.9%), from €130,000 to €30,000
- Cash +€86,892
up €86,892 (+76.9%), from €113,038 to €199,930
mainly Current investments (+€100,000) and Depreciation (+€54,539)
- Tangible fixed assets -€25,074
down €25,074 (-10.5%), from €239,879 to €214,805
of which Plant, machinery and equipment: -€23,847
- Debts after one year -€16,265
down €16,265 (-11.3%), from €143,327 to €127,062
- Current portion of long-term debt -€15,437
down €15,437 (-48.7%), from €31,703 to €16,265
- Other debts -€9,856
down €9,856 (-8.1%), from €121,085 to €111,229
- Reserves +€9,842
up €9,842 (+8.4%), from €116,832 to €126,675
- Tax, wage and social debts +€5,706
up €5,706 (+24.3%), from €23,476 to €29,182
of which Remuneration and social security: +€3,748
- Staff costs -€21,004
down €21,004 (-15.5%), from €135,882 to €114,878
- Gross operating margin -€19,026
down €19,026 (-8.9%), from €213,909 to €194,883
- Depreciation +€2,989
up €2,989 (+5.8%), from €51,551 to €54,539
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €501,978 | €474,132 | -€27,846 | -5.5% |
| Fixed assets | 21/28 | €239,879 | €218,305 | -€21,574 | -9.0% |
| Tangible fixed assets | 22/27 | €239,879 | €214,805 | -€25,074 | -10.5% |
| Land and buildings | 22 | €188,400 | €179,787 | -€8,613 | -4.6% |
| Plant, machinery and equipment | 23 | €46,089 | €22,242 | -€23,847 | -51.7% |
| Furniture and vehicles | 24 | €5,390 | €12,777 | +€7,386 | +137% |
| Financial fixed assets | 28 | - | €3,500 | +€3,500 | |
| Current assets | 29/58 | €262,099 | €255,827 | -€6,273 | -2.4% |
| Stocks and contracts in progress | 3 | €12,441 | €13,457 | +€1,017 | +8.2% |
| Stocks | 30/36 | €12,441 | €13,457 | +€1,017 | +8.2% |
| Amounts receivable within one year | 40/41 | €6,621 | €9,130 | +€2,508 | +37.9% |
| Trade receivables | 40 | €5,849 | €3,615 | -€2,234 | -38.2% |
| Other amounts receivable | 41 | €772 | €5,515 | +€4,743 | +614% |
| Current investments | 50/53 | €130,000 | €30,000 | -€100,000 | -76.9% |
| Cash at bank and in hand | 54/58 | €113,038 | €199,930 | +€86,892 | +76.9% |
| Deferred charges and accrued income | 490/1 | €0 | €3,310 | +€3,310 | |
| Total equity and liabilities | 10/49 | €501,978 | €474,132 | -€27,846 | -5.5% |
| Equity | 10/15 | €141,832 | €151,675 | +€9,842 | +6.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €116,832 | €126,675 | +€9,842 | +8.4% |
| Distributable reserves | 133 | €116,832 | €126,675 | +€9,842 | +8.4% |
| Amounts payable | 17/49 | €360,146 | €322,457 | -€37,689 | -10.5% |
| Amounts payable after more than one year | 17 | €143,327 | €127,062 | -€16,265 | -11.3% |
| Financial debts | 170/4 | €143,327 | €127,062 | -€16,265 | -11.3% |
| Amounts payable within one year | 42/48 | €216,819 | €195,395 | -€21,424 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €31,703 | €16,265 | -€15,437 | -48.7% |
| Trade debts | 44 | €40,555 | €38,719 | -€1,836 | -4.5% |
| Suppliers | 440/4 | €40,555 | €38,719 | -€1,836 | -4.5% |
| Taxes, remuneration and social security | 45 | €23,476 | €29,182 | +€5,706 | +24.3% |
| Taxes | 450/3 | €4,078 | €6,036 | +€1,958 | +48.0% |
| Remuneration and social security | 454/9 | €19,399 | €23,147 | +€3,748 | +19.3% |
| Other amounts payable | 47/48 | €121,085 | €111,229 | -€9,856 | -8.1% |
| Remuneration, social security and pensions | 62 | €135,882 | €114,878 | -€21,004 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,551 | €54,539 | +€2,989 | +5.8% |
| Other operating charges | 640/8 | €969 | €963 | -€6 | -0.6% |
| Gross operating margin | 9900 | €213,909 | €194,883 | -€19,026 | -8.9% |
| Operating profit (loss) | 9901 | €25,508 | €24,503 | -€1,005 | -3.9% |
| Financial income | 75/76B | €2,124 | €2,240 | +€116 | +5.5% |
| Recurring financial income | 75 | €2,124 | €2,240 | +€116 | +5.5% |
| Financial charges | 65/66B | €14,327 | €13,127 | -€1,200 | -8.4% |
| Recurring financial charges | 65 | €14,327 | €13,127 | -€1,200 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €13,305 | €13,616 | +€311 | +2.3% |
| Income taxes | 67/77 | €3,890 | €3,774 | -€116 | -3.0% |
| Profit (loss) for the period | 9904 | €9,415 | €9,842 | +€427 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,415 | €9,842 | +€427 | +4.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.