DEROUS KURT: 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.
DEROUS KURT
Largest movements
- Tangible fixed assets -€15,460
down €15,460 (-8.5%), from €181,312 to €165,852
of which Land and buildings: -€10,308
- Stocks and contracts -€10,680
down €10,680 (-23.2%), from €45,960 to €35,280
of which Stocks: -€7,180
- Trade debts -€32,223
down €32,223 (-31.0%), from €103,976 to €71,753
- Current portion of long-term debt +€17,113
up €17,113 (+96.5%), from €17,726 to €34,839
- Debts after one year -€16,247
down €16,247 (-7.4%), from €218,406 to €202,159
- Profit (loss) carried forward +€8,023
up €8,023 (+55.3%), from -€14,501 to -€6,478
- Short-term financial debts -€6,816
down €6,816 (-34.2%), from €19,924 to €13,107
- Gross operating margin +€26,458
up €26,458 (+110%), from €24,153 to €50,611
- Other operating charges +€6,192
up €6,192 (+372%), from €1,665 to €7,857
- Financial charges +€5,284
up €5,284 (+52.4%), from €10,077 to €15,361
- Taxes +€3,422
up €3,422 (+663%), from €516 to €3,938
- Depreciation -€1,063
down €1,063 (-6.4%), from €16,523 to €15,460
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 | €433,359 | €403,029 | -€30,330 | -7.0% |
| Fixed assets | 21/28 | €182,862 | €167,402 | -€15,460 | -8.5% |
| Tangible fixed assets | 22/27 | €181,312 | €165,852 | -€15,460 | -8.5% |
| Land and buildings | 22 | €170,119 | €159,810 | -€10,308 | -6.1% |
| Plant, machinery and equipment | 23 | €1,069 | €874 | -€195 | -18.2% |
| Furniture and vehicles | 24 | €10,124 | €5,167 | -€4,957 | -49.0% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €250,497 | €235,627 | -€14,870 | -5.9% |
| Stocks and contracts in progress | 3 | €45,960 | €35,280 | -€10,680 | -23.2% |
| Stocks | 30/36 | €28,960 | €21,780 | -€7,180 | -24.8% |
| Contracts in progress | 37 | €17,000 | €13,500 | -€3,500 | -20.6% |
| Amounts receivable within one year | 40/41 | €203,929 | €199,624 | -€4,306 | -2.1% |
| Trade receivables | 40 | €116,894 | €115,335 | -€1,559 | -1.3% |
| Other amounts receivable | 41 | €87,035 | €84,288 | -€2,747 | -3.2% |
| Cash at bank and in hand | 54/58 | €1 | €97 | +€96 | +9,241% |
| Deferred charges and accrued income | 490/1 | €606 | €627 | +€20 | +3.4% |
| Total equity and liabilities | 10/49 | €433,359 | €403,029 | -€30,330 | -7.0% |
| Equity | 10/15 | €69,353 | €77,376 | +€8,023 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,254 | €65,254 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €63,394 | €65,254 | +€1,860 | +2.9% |
| Profit (loss) carried forward | 14 | -€14,501 | -€6,478 | +€8,023 | +55.3% |
| Amounts payable | 17/49 | €364,007 | €325,654 | -€38,353 | -10.5% |
| Amounts payable after more than one year | 17 | €218,406 | €202,159 | -€16,247 | -7.4% |
| Financial debts | 170/4 | €218,406 | €202,159 | -€16,247 | -7.4% |
| Amounts payable within one year | 42/48 | €145,601 | €123,495 | -€22,106 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €17,726 | €34,839 | +€17,113 | +96.5% |
| Financial debts | 43 | €19,924 | €13,107 | -€6,816 | -34.2% |
| Credit institutions | 430/8 | €19,924 | €13,107 | -€6,816 | -34.2% |
| Trade debts | 44 | €103,976 | €71,753 | -€32,223 | -31.0% |
| Suppliers | 440/4 | €103,976 | €71,753 | -€32,223 | -31.0% |
| Taxes, remuneration and social security | 45 | €3,975 | €3,795 | -€180 | -4.5% |
| Taxes | 450/3 | €3,975 | €3,795 | -€180 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,523 | €15,460 | -€1,063 | -6.4% |
| Other operating charges | 640/8 | €1,665 | €7,857 | +€6,192 | +372% |
| Gross operating margin | 9900 | €24,153 | €50,611 | +€26,458 | +110% |
| Operating profit (loss) | 9901 | €5,966 | €27,294 | +€21,328 | +358% |
| Financial income | 75/76B | €87 | €28 | -€59 | -67.6% |
| Recurring financial income | 75 | €87 | €28 | -€59 | -67.6% |
| Financial charges | 65/66B | €10,077 | €15,361 | +€5,284 | +52.4% |
| Recurring financial charges | 65 | €10,077 | €15,361 | +€5,284 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,024 | €11,961 | +€15,986 | |
| Income taxes | 67/77 | €516 | €3,938 | +€3,422 | +663% |
| Profit (loss) for the period | 9904 | -€4,540 | €8,023 | +€12,563 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,540 | €8,023 | +€12,563 |
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 17 October 2026 via checked.be.