DERPATECH: 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
DERPATECH
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€34,681
2024 · €78,726-€44,046
Equity
€825,178
2024 · €790,497+€34,681
Cash
€36,955
2024 · €79,554-€42,599
Balance sheet total
€1.8m
2024 · €1.7m+€126,383
Largest movements
Assets
- Receivables within one year +€361,993
up €361,993 (+39.0%), from €927,211 to €1.3m
of which Trade receivables: +€265,753
- Stocks and contracts -€174,212
down €174,212 (-30.4%), from €573,659 to €399,447
of which Contracts in progress: -€163,073
- Cash -€42,599
down €42,599 (-53.5%), from €79,554 to €36,955
mainly Receivables within one year (-€361,993) and Debts after one year (-€99,075)
- Tangible fixed assets -€23,523
down €23,523 (-39.7%), from €59,249 to €35,726
of which Furniture and vehicles: -€26,446
Equity and liabilities
- Trade debts +€190,743
up €190,743 (+57.0%), from €334,436 to €525,180
- Debts after one year -€99,075
down €99,075 (-34.8%), from €284,317 to €185,242
- Short-term financial debts +€80,634
up €80,634 (+204.8%), from €39,366 to €120,000
- Current portion of long-term debt -€58,120
down €58,120 (-45.7%), from €127,195 to €69,075
- Profit (loss) carried forward +€32,948
up €32,948 (+23.0%), from €143,050 to €175,998
Income statement
- Turnover +€271,116
up €271,116 (+6.7%), from €4.1m to €4.3m
- Services and other goods +€189,593
up €189,593 (+16.3%), from €1.2m to €1.4m
- Staff costs -€79,816
down €79,816 (-6.2%), from €1.3m to €1.2m
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
€78,726
Turnover
+€271,116
Other operating income
+€3,915
Goods and materials
-€42,051
Services and other goods
-€189,593
Staff costs
+€79,816
Depreciation
-€1,353
Write-downs
+€8,131
Other operating charges
-€630
Other operating items
-€169,004
Financial income
-€16,911
Financial charges
-€1,417
Taxes
+€13,935
Result 2025
€34,681
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
+€26,349
Investment
+€7,613
Financing
-€76,561
Cash 2024
€79,554
From operations (derived)
+€26,349
Net result for the year
+€34,681
Depreciation
+€12,995
Stocks and contracts
+€174,212
Receivables within one year
-€361,993
Deferred charges and accrued income
-€1,809
Trade debts
+€190,743
Tax, wage and social debts
-€21,643
Other debts
-€1,718
Accrued charges and deferred income
+€881
Investment (derived)
+€7,613
Investment in fixed assets (net)
+€7,613
Financing
-€76,561
Debts after one year
-€99,075
Current portion of long-term debt
-€58,120
Short-term financial debts
+€80,634
Cash 2025
€36,955
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,703,522 | €1,829,905 | +€126,383 | +7.4% |
| Fixed assets | 21/28 | €112,283 | €91,675 | -€20,608 | -18.4% |
| Tangible fixed assets | 22/27 | €59,249 | €35,726 | -€23,523 | -39.7% |
| Plant, machinery and equipment | 23 | €5,432 | €8,355 | +€2,922 | +53.8% |
| Furniture and vehicles | 24 | €53,816 | €27,371 | -€26,446 | -49.1% |
| Financial fixed assets | 28 | €53,035 | €55,950 | +€2,915 | +5.5% |
| Other financial fixed assets | 284/8 | €53,035 | €55,950 | +€2,915 | +5.5% |
| Amounts receivable and cash guarantees | 285/8 | €53,035 | €55,950 | +€2,915 | +5.5% |
| Current assets | 29/58 | €1,591,239 | €1,738,230 | +€146,991 | +9.2% |
| Stocks and contracts in progress | 3 | €573,659 | €399,447 | -€174,212 | -30.4% |
| Stocks | 30/36 | €271,378 | €260,239 | -€11,139 | -4.1% |
| Raw materials and consumables | 30/31 | €271,378 | €260,239 | -€11,139 | -4.1% |
| Contracts in progress | 37 | €302,281 | €139,208 | -€163,073 | -53.9% |
| Amounts receivable within one year | 40/41 | €927,211 | €1,289,204 | +€361,993 | +39.0% |
| Trade receivables | 40 | €831,341 | €1,097,094 | +€265,753 | +32.0% |
| Other amounts receivable | 41 | €95,870 | €192,110 | +€96,240 | +100.4% |
| Cash at bank and in hand | 54/58 | €79,554 | €36,955 | -€42,599 | -53.5% |
| Deferred charges and accrued income | 490/1 | €10,815 | €12,624 | +€1,809 | +16.7% |
| Total equity and liabilities | 10/49 | €1,703,522 | €1,829,905 | +€126,383 | +7.4% |
| Equity | 10/15 | €790,497 | €825,178 | +€34,681 | +4.4% |
| Contributions | 10/11 | €639,918 | €639,918 | = | 0.0% |
| Capital | 10 | €639,918 | €639,918 | = | 0.0% |
| Issued capital | 100 | €639,918 | €639,918 | = | 0.0% |
| Reserves | 13 | €7,529 | €9,262 | +€1,733 | +23.0% |
| Non-distributable reserves | 130/1 | €7,529 | €9,262 | +€1,733 | +23.0% |
| Legal reserve | 130 | €7,529 | €9,262 | +€1,733 | +23.0% |
| Profit (loss) carried forward | 14 | €143,050 | €175,998 | +€32,948 | +23.0% |
| Amounts payable | 17/49 | €913,025 | €1,004,728 | +€91,703 | +10.0% |
| Amounts payable after more than one year | 17 | €284,317 | €185,242 | -€99,075 | -34.8% |
| Financial debts | 170/4 | €284,317 | €185,242 | -€99,075 | -34.8% |
| Subordinated loans | 170 | €180,000 | €150,000 | -€30,000 | -16.7% |
| Other loans | 174 | €104,317 | €35,242 | -€69,075 | -66.2% |
| Amounts payable within one year | 42/48 | €627,061 | €816,958 | +€189,896 | +30.3% |
| Current portion of amounts payable after more than one year | 42 | €127,195 | €69,075 | -€58,120 | -45.7% |
| Financial debts | 43 | €39,366 | €120,000 | +€80,634 | +204.8% |
| Credit institutions | 430/8 | €39,366 | €120,000 | +€80,634 | +204.8% |
| Trade debts | 44 | €334,436 | €525,180 | +€190,743 | +57.0% |
| Suppliers | 440/4 | €334,436 | €525,180 | +€190,743 | +57.0% |
| Taxes, remuneration and social security | 45 | €124,253 | €102,611 | -€21,643 | -17.4% |
| Taxes | 450/3 | €12,217 | €12,321 | +€105 | +0.9% |
| Remuneration and social security | 454/9 | €112,037 | €90,289 | -€21,747 | -19.4% |
| Other amounts payable | 47/48 | €1,811 | €93 | -€1,718 | -94.9% |
| Accrued charges and deferred income | 492/3 | €1,647 | €2,528 | +€881 | +53.5% |
| Operating income | 70/76A | €4,139,353 | €4,245,380 | +€106,027 | +2.6% |
| Turnover | 70 | €4,060,518 | €4,331,634 | +€271,116 | +6.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €5,931 | -€163,073 | -€169,004 | |
| Other operating income | 74 | €72,904 | €76,818 | +€3,915 | +5.4% |
| Operating charges | 60/66A | €4,006,061 | €4,151,741 | +€145,680 | +3.6% |
| Goods for resale, raw materials and consumables | 60 | €1,523,492 | €1,565,543 | +€42,051 | +2.8% |
| Purchases | 600/8 | €1,495,952 | €1,554,404 | +€58,452 | +3.9% |
| Change in stocks: decrease (increase) | 609 | €27,540 | €11,139 | -€16,401 | -59.6% |
| Services and other goods | 61 | €1,165,101 | €1,354,694 | +€189,593 | +16.3% |
| Remuneration, social security and pensions | 62 | €1,282,009 | €1,202,193 | -€79,816 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,642 | €12,995 | +€1,353 | +11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,131 | €0 | -€8,131 | -100.0% |
| Other operating charges | 640/8 | €15,685 | €16,316 | +€630 | +4.0% |
| Operating profit (loss) | 9901 | €133,292 | €93,639 | -€39,653 | -29.7% |
| Financial income | 75/76B | €17,352 | €441 | -€16,911 | -97.5% |
| Recurring financial income | 75 | €17,352 | €441 | -€16,911 | -97.5% |
| Other financial income | 752/9 | €17,352 | €441 | -€16,911 | -97.5% |
| Financial charges | 65/66B | €33,486 | €34,903 | +€1,417 | +4.2% |
| Recurring financial charges | 65 | €33,486 | €34,903 | +€1,417 | +4.2% |
| Debt charges | 650 | €20,222 | €20,193 | -€29 | -0.1% |
| Other financial charges | 652/9 | €13,264 | €14,710 | +€1,445 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €117,158 | €59,177 | -€57,981 | -49.5% |
| Income taxes | 67/77 | €38,432 | €24,497 | -€13,935 | -36.3% |
| Taxes | 670/3 | €40,000 | €40,000 | = | 0.0% |
| Tax adjustments and reversals of tax provisions | 77 | €1,568 | €15,503 | +€13,935 | +888.5% |
| Profit (loss) for the period | 9904 | €78,726 | €34,681 | -€44,046 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,726 | €34,681 | -€44,046 | -55.9% |
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 6 October 2026 via checked.be.