DEROO & COGET: 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.
DEROO & COGET
Largest movements
- Receivables within one year +€58,568
up €58,568 (+388%), from €15,097 to €73,665
of which Trade receivables: +€39,076
- Cash -€18,417
down €18,417 (-87.6%), from €21,033 to €2,616
mainly Receivables within one year (-€58,568) and Investment in fixed assets (net) (-€41,696)
- Tangible fixed assets +€3,828
up €3,828 (+6.3%), from €60,877 to €64,706
of which Plant, machinery and equipment: +€26,564
- Debts after one year +€20,955
up €20,955 (+83.2%), from €25,187 to €46,142
- Other debts +€20,623
up €20,623 (+649%), from €3,177 to €23,800
- Current portion of long-term debt -€14,725
down €14,725 (-44.7%), from €32,921 to €18,195
- Profit (loss) carried forward +€12,043
up €12,043, from -€11,064 to €979
- Accrued charges and deferred income +€5,678
up €5,678 (+325%), from €1,745 to €7,423
- Taxes +€11,782
up €11,782 (+3,690%), from €319 to €12,102
- Gross operating margin +€10,404
up €10,404 (+11.4%), from €90,869 to €101,273
- Depreciation -€7,424
down €7,424 (-16.4%), from €45,291 to €37,867
- Staff costs +€6,215
up €6,215 (+647%), from €960 to €7,175
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.
Derived cash bridge
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 | €97,007 | €140,987 | +€43,979 | +45.3% |
| Fixed assets | 21/28 | €60,877 | €64,706 | +€3,828 | +6.3% |
| Tangible fixed assets | 22/27 | €60,877 | €64,706 | +€3,828 | +6.3% |
| Plant, machinery and equipment | 23 | €32,070 | €58,634 | +€26,564 | +82.8% |
| Furniture and vehicles | 24 | €28,808 | €6,072 | -€22,735 | -78.9% |
| Current assets | 29/58 | €36,130 | €76,281 | +€40,151 | +111% |
| Amounts receivable within one year | 40/41 | €15,097 | €73,665 | +€58,568 | +388% |
| Trade receivables | 40 | €7,975 | €47,051 | +€39,076 | +490% |
| Other amounts receivable | 41 | €7,121 | €26,613 | +€19,492 | +274% |
| Cash at bank and in hand | 54/58 | €21,033 | €2,616 | -€18,417 | -87.6% |
| Total equity and liabilities | 10/49 | €97,007 | €140,987 | +€43,979 | +45.3% |
| Equity | 10/15 | €3,845 | €15,889 | +€12,043 | +313% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €10,909 | €10,909 | = | 0.0% |
| Distributable reserves | 133 | €10,909 | €10,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,064 | €979 | +€12,043 | |
| Amounts payable | 17/49 | €93,162 | €125,098 | +€31,936 | +34.3% |
| Amounts payable after more than one year | 17 | €25,187 | €46,142 | +€20,955 | +83.2% |
| Financial debts | 170/4 | €25,187 | €46,142 | +€20,955 | +83.2% |
| Amounts payable within one year | 42/48 | €66,229 | €71,533 | +€5,304 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €32,921 | €18,195 | -€14,725 | -44.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €29,812 | €28,146 | -€1,666 | -5.6% |
| Suppliers | 440/4 | €29,812 | €28,146 | -€1,666 | -5.6% |
| Taxes, remuneration and social security | 45 | €319 | €1,392 | +€1,072 | +336% |
| Taxes | 450/3 | €319 | €1,392 | +€1,072 | +336% |
| Other amounts payable | 47/48 | €3,177 | €23,800 | +€20,623 | +649% |
| Accrued charges and deferred income | 492/3 | €1,745 | €7,423 | +€5,678 | +325% |
| Remuneration, social security and pensions | 62 | €960 | €7,175 | +€6,215 | +647% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,291 | €37,867 | -€7,424 | -16.4% |
| Other operating charges | 640/8 | €1,070 | €1,308 | +€238 | +22.2% |
| Gross operating margin | 9900 | €90,869 | €101,273 | +€10,404 | +11.4% |
| Operating profit (loss) | 9901 | €43,547 | €54,922 | +€11,376 | +26.1% |
| Financial income | 75/76B | €55 | €144 | +€90 | +164% |
| Recurring financial income | 75 | €55 | €144 | +€90 | +164% |
| Financial charges | 65/66B | €2,852 | €2,922 | +€70 | +2.5% |
| Recurring financial charges | 65 | €2,852 | €2,922 | +€70 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €40,749 | €52,145 | +€11,395 | +28.0% |
| Income taxes | 67/77 | €319 | €12,102 | +€11,782 | +3,690% |
| Profit (loss) for the period | 9904 | €40,430 | €40,043 | -€387 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,430 | €40,043 | -€387 | -1.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.