DEROVER: 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.
DEROVER
Largest movements
- Tangible fixed assets +€14,029
up €14,029 (+30.2%), from €46,481 to €60,510
of which Plant, machinery and equipment: +€10,725
- Receivables within one year -€11,722
down €11,722 (-99.1%), from €11,826 to €104
of which Trade receivables: -€8,319
- Deferred charges and accrued income -€9,758
down €9,758 (-57.9%), from €16,848 to €7,090
- Stocks and contracts +€8,680
up €8,680 (+48.3%), from €17,961 to €26,641
- Financial fixed assets +€6,000
new in 2025: €6,000
- Short-term financial debts -€14,944
no longer reported in 2025 (was €14,944)
- Tax, wage and social debts +€12,275
up €12,275 (+947%), from €1,297 to €13,572
of which Taxes: +€10,870
- Current portion of long-term debt +€5,287
up €5,287 (+32.7%), from €16,148 to €21,435
- Trade debts -€3,886
down €3,886 (-5.5%), from €70,343 to €66,456
- Profit (loss) carried forward +€3,377
up €3,377 (+5.2%), from -€64,424 to -€61,046
- Gross operating margin +€73,869
up €73,869, from -€27,867 to €46,003
- Staff costs -€5,962
down €5,962 (-38.0%), from €15,696 to €9,734
- Financial charges +€5,853
up €5,853 (+98.3%), from €5,955 to €11,808
- Depreciation +€5,293
up €5,293 (+40.4%), from €13,112 to €18,405
- Other operating charges +€800
up €800 (+41.5%), from €1,926 to €2,727
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 | €149,711 | €154,363 | +€4,653 | +3.1% |
| Formation expenses | 20 | €3,643 | €2,730 | -€914 | -25.1% |
| Fixed assets | 21/28 | €87,639 | €108,902 | +€21,263 | +24.3% |
| Intangible fixed assets | 21 | €41,158 | €42,392 | +€1,234 | +3.0% |
| Tangible fixed assets | 22/27 | €46,481 | €60,510 | +€14,029 | +30.2% |
| Plant, machinery and equipment | 23 | €36,511 | €47,236 | +€10,725 | +29.4% |
| Furniture and vehicles | 24 | - | €2,206 | +€2,206 | |
| Other tangible fixed assets | 26 | €9,970 | €11,068 | +€1,098 | +11.0% |
| Financial fixed assets | 28 | - | €6,000 | +€6,000 | |
| Current assets | 29/58 | €58,428 | €42,732 | -€15,697 | -26.9% |
| Stocks and contracts in progress | 3 | €17,961 | €26,641 | +€8,680 | +48.3% |
| Stocks | 30/36 | €17,961 | €26,641 | +€8,680 | +48.3% |
| Amounts receivable within one year | 40/41 | €11,826 | €104 | -€11,722 | -99.1% |
| Trade receivables | 40 | €8,319 | - | -€8,319 | |
| Other amounts receivable | 41 | €3,507 | €104 | -€3,403 | -97.0% |
| Cash at bank and in hand | 54/58 | €11,794 | €8,897 | -€2,897 | -24.6% |
| Deferred charges and accrued income | 490/1 | €16,848 | €7,090 | -€9,758 | -57.9% |
| Total equity and liabilities | 10/49 | €149,711 | €154,363 | +€4,653 | +3.1% |
| Equity | 10/15 | -€44,424 | -€41,046 | +€3,377 | +7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,424 | -€61,046 | +€3,377 | +5.2% |
| Amounts payable | 17/49 | €194,134 | €195,410 | +€1,275 | +0.7% |
| Amounts payable after more than one year | 17 | €91,404 | €93,946 | +€2,543 | +2.8% |
| Financial debts | 170/4 | €53,828 | €70,463 | +€16,635 | +30.9% |
| Other amounts payable | 178/9 | €37,576 | €23,484 | -€14,092 | -37.5% |
| Amounts payable within one year | 42/48 | €102,731 | €101,463 | -€1,267 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €16,148 | €21,435 | +€5,287 | +32.7% |
| Financial debts | 43 | €14,944 | - | -€14,944 | |
| Credit institutions | 430/8 | €14,944 | - | -€14,944 | |
| Trade debts | 44 | €70,343 | €66,456 | -€3,886 | -5.5% |
| Suppliers | 440/4 | €70,343 | €66,456 | -€3,886 | -5.5% |
| Taxes, remuneration and social security | 45 | €1,297 | €13,572 | +€12,275 | +947% |
| Taxes | 450/3 | €574 | €11,444 | +€10,870 | +1,892% |
| Remuneration and social security | 454/9 | €722 | €2,128 | +€1,405 | +195% |
| Remuneration, social security and pensions | 62 | €15,696 | €9,734 | -€5,962 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,112 | €18,405 | +€5,293 | +40.4% |
| Other operating charges | 640/8 | €1,926 | €2,727 | +€800 | +41.5% |
| Non-recurring operating charges | 66A | €240 | - | -€240 | |
| Gross operating margin | 9900 | -€27,867 | €46,003 | +€73,869 | |
| Operating profit (loss) | 9901 | -€58,841 | €15,137 | +€73,978 | |
| Financial income | 75/76B | €372 | €48 | -€324 | -87.1% |
| Recurring financial income | 75 | €372 | €48 | -€324 | -87.1% |
| Financial charges | 65/66B | €5,955 | €11,808 | +€5,853 | +98.3% |
| Recurring financial charges | 65 | €5,955 | €11,808 | +€5,853 | +98.3% |
| Profit (loss) for the period before taxes | 9903 | -€64,424 | €3,377 | +€67,801 | |
| Profit (loss) for the period | 9904 | -€64,424 | €3,377 | +€67,801 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,424 | €3,377 | +€67,801 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.