Deroux JM: 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.
Deroux JM
Largest movements
- Cash +€22,092
up €22,092 (+79.3%), from €27,862 to €49,955
mainly Net result for the year (+€22,810) and Advances received (+€6,274)
- Receivables within one year +€14,031
up €14,031 (+129%), from €10,901 to €24,931
of which Trade receivables: +€14,940
- Profit (loss) carried forward +€22,810
up €22,810 (+144%), from €15,880 to €38,690
- Advances received +€6,274
new in 2025: €6,274
- Trade debts +€4,891
up €4,891 (+127%), from €3,847 to €8,738
- Gross operating margin +€23,219
up €23,219 (+257%), from €9,017 to €32,236
- Depreciation -€7,500
down €7,500 (-73.5%), from €10,210 to €2,710
- Taxes +€5,542
up €5,542, from €0 to €5,542
- Staff costs +€419
up €419 (+147%), from €285 to €704
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 | €51,631 | €85,899 | +€34,268 | +66.4% |
| Formation expenses | 20 | €690 | €332 | -€358 | -51.9% |
| Fixed assets | 21/28 | €11,139 | €10,303 | -€836 | -7.5% |
| Tangible fixed assets | 22/27 | €11,139 | €10,303 | -€836 | -7.5% |
| Plant, machinery and equipment | 23 | €8,484 | €7,600 | -€884 | -10.4% |
| Furniture and vehicles | 24 | €2,655 | €2,703 | +€48 | +1.8% |
| Current assets | 29/58 | €39,802 | €75,263 | +€35,462 | +89.1% |
| Amounts receivable within one year | 40/41 | €10,901 | €24,931 | +€14,031 | +129% |
| Trade receivables | 40 | €7,911 | €22,851 | +€14,940 | +189% |
| Other amounts receivable | 41 | €2,990 | €2,080 | -€909 | -30.4% |
| Cash at bank and in hand | 54/58 | €27,862 | €49,955 | +€22,092 | +79.3% |
| Deferred charges and accrued income | 490/1 | €1,039 | €377 | -€661 | -63.7% |
| Total equity and liabilities | 10/49 | €51,631 | €85,899 | +€34,268 | +66.4% |
| Equity | 10/15 | €18,880 | €41,690 | +€22,810 | +121% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,880 | €38,690 | +€22,810 | +144% |
| Amounts payable | 17/49 | €32,751 | €44,209 | +€11,458 | +35.0% |
| Amounts payable within one year | 42/48 | €32,751 | €44,209 | +€11,458 | +35.0% |
| Trade debts | 44 | €3,847 | €8,738 | +€4,891 | +127% |
| Suppliers | 440/4 | €3,847 | €8,738 | +€4,891 | +127% |
| Advances received on contracts in progress | 46 | - | €6,274 | +€6,274 | |
| Taxes, remuneration and social security | 45 | - | €542 | +€542 | |
| Taxes | 450/3 | - | €542 | +€542 | |
| Other amounts payable | 47/48 | €28,903 | €28,655 | -€249 | -0.9% |
| Remuneration, social security and pensions | 62 | €285 | €704 | +€419 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,210 | €2,710 | -€7,500 | -73.5% |
| Other operating charges | 640/8 | €298 | €298 | = | 0.0% |
| Gross operating margin | 9900 | €9,017 | €32,236 | +€23,219 | +257% |
| Operating profit (loss) | 9901 | -€1,776 | €28,525 | +€30,301 | |
| Financial income | 75/76B | €89 | €94 | +€5 | +5.5% |
| Recurring financial income | 75 | €89 | €94 | +€5 | +5.5% |
| Financial charges | 65/66B | €269 | €267 | -€3 | -1.0% |
| Recurring financial charges | 65 | €269 | €267 | -€3 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,956 | €28,352 | +€30,308 | |
| Income taxes | 67/77 | €0 | €5,542 | +€5,542 | |
| Profit (loss) for the period | 9904 | -€1,956 | €22,810 | +€24,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,956 | €22,810 | +€24,766 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.