Deronge-Construct: 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.
Deronge-Construct
Largest movements
- Receivables within one year +€115,267
up €115,267 (+329.7%), from €34,960 to €150,227
of which Trade receivables: +€129,271
- Stocks and contracts +€70,000
new in 2025: €70,000
- Cash -€26,624
down €26,624 (-50.3%), from €52,901 to €26,277
mainly Receivables within one year (-€115,267) and Stocks and contracts (-€70,000)
- Tangible fixed assets +€7,676
up €7,676 (+28.3%), from €27,116 to €34,792
of which Plant, machinery and equipment: +€7,477
- Financial fixed assets -€3,150
down €3,150 (-58.3%), from €5,400 to €2,250
- Trade debts +€109,475
up €109,475 (+274.7%), from €39,857 to €149,332
- Reserves +€38,086
up €38,086 (+99.6%), from €38,223 to €76,309
- Current portion of long-term debt +€25,000
new in 2025: €25,000
- Tax, wage and social debts -€18,787
down €18,787 (-48.9%), from €38,431 to €19,644
of which Remuneration and social security: -€18,215
- Other debts +€8,300
up €8,300 (+526.0%), from €1,578 to €9,878
- Gross operating margin +€149,894
up €149,894 (+141.8%), from €105,734 to €255,628
- Staff costs +€147,489
up €147,489 (+283.7%), from €51,992 to €199,481
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 | €128,089 | €290,163 | +€162,074 | +126.5% |
| Fixed assets | 21/28 | €32,516 | €37,042 | +€4,526 | +13.9% |
| Tangible fixed assets | 22/27 | €27,116 | €34,792 | +€7,676 | +28.3% |
| Plant, machinery and equipment | 23 | €22,342 | €29,819 | +€7,477 | +33.5% |
| Furniture and vehicles | 24 | €4,774 | €4,973 | +€199 | +4.2% |
| Financial fixed assets | 28 | €5,400 | €2,250 | -€3,150 | -58.3% |
| Current assets | 29/58 | €95,573 | €253,121 | +€157,548 | +164.8% |
| Stocks and contracts in progress | 3 | - | €70,000 | +€70,000 | |
| Stocks | 30/36 | - | €70,000 | +€70,000 | |
| Amounts receivable within one year | 40/41 | €34,960 | €150,227 | +€115,267 | +329.7% |
| Trade receivables | 40 | €20,667 | €149,938 | +€129,271 | +625.5% |
| Other amounts receivable | 41 | €14,293 | €289 | -€14,004 | -98.0% |
| Cash at bank and in hand | 54/58 | €52,901 | €26,277 | -€26,624 | -50.3% |
| Deferred charges and accrued income | 490/1 | €7,712 | €6,617 | -€1,095 | -14.2% |
| Total equity and liabilities | 10/49 | €128,089 | €290,163 | +€162,074 | +126.5% |
| Equity | 10/15 | €48,223 | €86,309 | +€38,086 | +79.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €38,223 | €76,309 | +€38,086 | +99.6% |
| Distributable reserves | 133 | €38,223 | €76,309 | +€38,086 | +99.6% |
| Amounts payable | 17/49 | €79,866 | €203,854 | +€123,988 | +155.2% |
| Amounts payable within one year | 42/48 | €79,866 | €203,854 | +€123,988 | +155.2% |
| Current portion of amounts payable after more than one year | 42 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €39,857 | €149,332 | +€109,475 | +274.7% |
| Suppliers | 440/4 | €39,857 | €149,332 | +€109,475 | +274.7% |
| Taxes, remuneration and social security | 45 | €38,431 | €19,644 | -€18,787 | -48.9% |
| Taxes | 450/3 | €13,348 | €12,776 | -€572 | -4.3% |
| Remuneration and social security | 454/9 | €25,083 | €6,868 | -€18,215 | -72.6% |
| Other amounts payable | 47/48 | €1,578 | €9,878 | +€8,300 | +526.0% |
| Remuneration, social security and pensions | 62 | €51,992 | €199,481 | +€147,489 | +283.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,258 | €3,331 | +€2,073 | +164.8% |
| Other operating charges | 640/8 | €897 | €1,021 | +€124 | +13.8% |
| Gross operating margin | 9900 | €105,734 | €255,628 | +€149,894 | +141.8% |
| Operating profit (loss) | 9901 | €51,587 | €51,795 | +€208 | +0.4% |
| Financial income | 75/76B | - | €103 | +€103 | |
| Recurring financial income | 75 | - | €103 | +€103 | |
| Financial charges | 65/66B | €16 | €1,036 | +€1,020 | +6375.0% |
| Recurring financial charges | 65 | €16 | €1,036 | +€1,020 | +6375.0% |
| Profit (loss) for the period before taxes | 9903 | €51,571 | €50,862 | -€709 | -1.4% |
| Income taxes | 67/77 | €13,348 | €12,776 | -€572 | -4.3% |
| Profit (loss) for the period | 9904 | €38,223 | €38,086 | -€137 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,223 | €38,086 | -€137 | -0.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.