DEROOSE PROJECTS: 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.
What changed
DEROOSE PROJECTS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€680,728
2024 · €957,738-€277,010
Equity
€34.1m
2024 · €17.4m+€16.7m
Cash
€482,380
2024 · €778,756-€296,376
Balance sheet total
€34.2m
2024 · €17.5m+€16.7m
Largest movements
Assets
- Financial fixed assets +€16.1m
up €16.1m (+505.2%), from €3.2m to €19.3m
- Current investments +€755,000
up €755,000 (+29.7%), from €2.5m to €3.3m
Equity and liabilities
- Contributions +€16.1m
up €16.1m (+26099.1%), from €61,500 to €16.1m
- Reserves +€680,000
up €680,000 (+5.3%), from €12.8m to €13.4m
of which Distributable reserves: +€680,000
Income statement
- Gross operating margin -€210,386
down €210,386 (-15.5%), from €1.4m to €1.1m
- Staff costs +€70,104
up €70,104 (+51.6%), from €135,799 to €205,904
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.
Result 2024
€957,738
Gross operating margin
-€210,386
Staff costs
-€70,104
Depreciation
-€6,669
Other operating charges
-€1,775
Financial income
+€11,485
Financial charges
+€582
Taxes
-€143
Result 2025
€680,728
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.
From operations
+€873,155
Investment
-€17.2m
Financing
+€16.1m
Cash 2024
€778,756
From operations (derived)
+€873,155
Net result for the year
+€680,728
Depreciation
+€74,585
Receivables within one year
+€105,747
Smaller working-capital items
-€35,824
Trade debts
+€47,919
Investment (derived)
-€17.2m
Investment in fixed assets (net)
-€16.5m
Current investments
-€755,000
Financing
+€16.1m
Contributions, distributions and other
+€16.1m
Cash 2025
€482,380
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,463,580 | €34,207,362 | +€16.7m | +95.9% |
| Fixed assets | 21/28 | €6,757,060 | €23,147,947 | +€16.4m | +242.6% |
| Tangible fixed assets | 22/27 | €3,567,271 | €3,842,423 | +€275,152 | +7.7% |
| Land and buildings | 22 | €3,367,717 | €3,343,918 | -€23,798 | -0.7% |
| Furniture and vehicles | 24 | €199,554 | €177,840 | -€21,714 | -10.9% |
| Other tangible fixed assets | 26 | - | €320,665 | +€320,665 | |
| Financial fixed assets | 28 | €3,189,789 | €19,305,524 | +€16.1m | +505.2% |
| Current assets | 29/58 | €10,706,520 | €11,059,415 | +€352,894 | +3.3% |
| Amounts receivable within one year | 40/41 | €7,381,147 | €7,275,399 | -€105,747 | -1.4% |
| Trade receivables | 40 | €213,453 | €45,281 | -€168,172 | -78.8% |
| Other amounts receivable | 41 | €7,167,693 | €7,230,118 | +€62,425 | +0.9% |
| Current investments | 50/53 | €2,546,084 | €3,301,084 | +€755,000 | +29.7% |
| Cash at bank and in hand | 54/58 | €778,756 | €482,380 | -€296,376 | -38.1% |
| Deferred charges and accrued income | 490/1 | €535 | €552 | +€17 | +3.2% |
| Total equity and liabilities | 10/49 | €17,463,580 | €34,207,362 | +€16.7m | +95.9% |
| Equity | 10/15 | €17,387,968 | €34,119,637 | +€16.7m | +96.2% |
| Contributions | 10/11 | €61,500 | €16,112,441 | +€16.1m | +26099.1% |
| Capital | 10 | €61,500 | €16,112,441 | +€16.1m | +26099.1% |
| Issued capital | 100 | €61,500 | €16,112,441 | +€16.1m | +26099.1% |
| Reserves | 13 | €12,768,479 | €13,448,479 | +€680,000 | +5.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €12,762,329 | €13,442,329 | +€680,000 | +5.3% |
| Profit (loss) carried forward | 14 | €4,557,989 | €4,558,717 | +€728 | 0.0% |
| Amounts payable | 17/49 | €75,612 | €87,725 | +€12,113 | +16.0% |
| Amounts payable within one year | 42/48 | €73,425 | €86,192 | +€12,767 | +17.4% |
| Trade debts | 44 | €15,292 | €63,211 | +€47,919 | +313.4% |
| Suppliers | 440/4 | €15,292 | €63,211 | +€47,919 | +313.4% |
| Taxes, remuneration and social security | 45 | €40,783 | €21,486 | -€19,297 | -47.3% |
| Taxes | 450/3 | €24,899 | €4,049 | -€20,850 | -83.7% |
| Remuneration and social security | 454/9 | €15,885 | €17,437 | +€1,553 | +9.8% |
| Other amounts payable | 47/48 | €17,350 | €1,495 | -€15,855 | -91.4% |
| Accrued charges and deferred income | 492/3 | €2,187 | €1,533 | -€654 | -29.9% |
| Non-recurring operating income | 76A | €2,746 | €1,832 | -€914 | -33.3% |
| Remuneration, social security and pensions | 62 | €135,799 | €205,904 | +€70,104 | +51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,916 | €74,585 | +€6,669 | +9.8% |
| Other operating charges | 640/8 | €8,717 | €10,492 | +€1,775 | +20.4% |
| Gross operating margin | 9900 | €1,353,910 | €1,143,524 | -€210,386 | -15.5% |
| Operating profit (loss) | 9901 | €1,141,478 | €852,544 | -€288,934 | -25.3% |
| Financial income | 75/76B | €139,503 | €150,988 | +€11,485 | +8.2% |
| Recurring financial income | 75 | €139,503 | €150,988 | +€11,485 | +8.2% |
| Financial charges | 65/66B | €6,045 | €5,463 | -€582 | -9.6% |
| Recurring financial charges | 65 | €6,045 | €5,463 | -€582 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €1,274,936 | €998,068 | -€276,868 | -21.7% |
| Income taxes | 67/77 | €317,197 | €317,340 | +€143 | 0.0% |
| Profit (loss) for the period | 9904 | €957,738 | €680,728 | -€277,010 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €957,738 | €680,728 | -€277,010 | -28.9% |
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 3 October 2026 via checked.be.