DERRIKS: 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.
DERRIKS
Largest movements
- Receivables within one year -€170,351
down €170,351 (-46.7%), from €364,418 to €194,067
of which Trade receivables: -€199,197
- Cash -€121,698
down €121,698 (-26.2%), from €465,183 to €343,485
mainly Current investments (-€101,377) and Contributions, distributions and other (-€100,000)
- Current investments +€101,377
up €101,377 (+79.6%), from €127,399 to €228,776
- Stocks and contracts +€26,335
up €26,335 (+22.8%), from €115,513 to €141,848
- Reserves -€56,074
down €56,074 (-9.7%), from €579,126 to €523,053
of which Distributable reserves: -€56,074
- Other debts -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Tax, wage and social debts -€25,133
down €25,133 (-58.4%), from €43,034 to €17,901
of which Taxes: -€30,317
- Provisions -€16,000
down €16,000 (-24.2%), from €66,000 to €50,000
- Gross operating margin -€118,067
down €118,067 (-27.6%), from €428,370 to €310,302
- Provisions -€42,000
down €42,000, from €26,000 to -€16,000
- Staff costs +€41,700
up €41,700 (+21.6%), from €193,050 to €234,750
- Taxes -€30,965
down €30,965 (-68.2%), from €45,389 to €14,424
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,161,871 | €1,002,396 | -€159,475 | -13.7% |
| Fixed assets | 21/28 | €89,359 | €93,637 | +€4,278 | +4.8% |
| Tangible fixed assets | 22/27 | €52,122 | €56,400 | +€4,278 | +8.2% |
| Plant, machinery and equipment | 23 | €38,749 | €43,807 | +€5,058 | +13.1% |
| Furniture and vehicles | 24 | €13,373 | €12,593 | -€780 | -5.8% |
| Financial fixed assets | 28 | €37,237 | €37,237 | = | 0.0% |
| Current assets | 29/58 | €1,072,512 | €908,759 | -€163,753 | -15.3% |
| Stocks and contracts in progress | 3 | €115,513 | €141,848 | +€26,335 | +22.8% |
| Stocks | 30/36 | €115,513 | €141,848 | +€26,335 | +22.8% |
| Amounts receivable within one year | 40/41 | €364,418 | €194,067 | -€170,351 | -46.7% |
| Trade receivables | 40 | €350,347 | €151,150 | -€199,197 | -56.9% |
| Other amounts receivable | 41 | €14,070 | €42,917 | +€28,846 | +205.0% |
| Current investments | 50/53 | €127,399 | €228,776 | +€101,377 | +79.6% |
| Cash at bank and in hand | 54/58 | €465,183 | €343,485 | -€121,698 | -26.2% |
| Deferred charges and accrued income | 490/1 | - | €583 | +€583 | |
| Total equity and liabilities | 10/49 | €1,161,871 | €1,002,396 | -€159,475 | -13.7% |
| Equity | 10/15 | €727,862 | €671,789 | -€56,074 | -7.7% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €579,126 | €523,053 | -€56,074 | -9.7% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,840 | €37,840 | = | 0.0% |
| Distributable reserves | 133 | €526,413 | €470,339 | -€56,074 | -10.7% |
| Provisions and deferred taxes | 16 | €66,000 | €50,000 | -€16,000 | -24.2% |
| Provisions for liabilities and charges | 160/5 | €66,000 | €50,000 | -€16,000 | -24.2% |
| Other liabilities and charges | 164/5 | €66,000 | €50,000 | -€16,000 | -24.2% |
| Amounts payable | 17/49 | €368,009 | €280,607 | -€87,401 | -23.7% |
| Amounts payable after more than one year | 17 | €7,192 | €606 | -€6,586 | -91.6% |
| Financial debts | 170/4 | €7,192 | €606 | -€6,586 | -91.6% |
| Amounts payable within one year | 42/48 | €360,816 | €280,001 | -€80,815 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €6,376 | €6,628 | +€252 | +4.0% |
| Trade debts | 44 | €161,406 | €155,472 | -€5,934 | -3.7% |
| Suppliers | 440/4 | €161,406 | €155,472 | -€5,934 | -3.7% |
| Taxes, remuneration and social security | 45 | €43,034 | €17,901 | -€25,133 | -58.4% |
| Taxes | 450/3 | €33,990 | €3,673 | -€30,317 | -89.2% |
| Remuneration and social security | 454/9 | €9,044 | €14,228 | +€5,184 | +57.3% |
| Other amounts payable | 47/48 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Remuneration, social security and pensions | 62 | €193,050 | €234,750 | +€41,700 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,674 | €39,262 | +€2,587 | +7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,000 | -€2,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €26,000 | -€16,000 | -€42,000 | |
| Other operating charges | 640/8 | €1,731 | €2,116 | +€384 | +22.2% |
| Gross operating margin | 9900 | €428,370 | €310,302 | -€118,067 | -27.6% |
| Operating profit (loss) | 9901 | €170,914 | €52,175 | -€118,739 | -69.5% |
| Financial income | 75/76B | €9,532 | €9,147 | -€385 | -4.0% |
| Recurring financial income | 75 | €9,532 | €9,147 | -€385 | -4.0% |
| Financial charges | 65/66B | €4,478 | €2,972 | -€1,505 | -33.6% |
| Recurring financial charges | 65 | €4,478 | €2,972 | -€1,505 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €175,969 | €58,350 | -€117,619 | -66.8% |
| Income taxes | 67/77 | €45,389 | €14,424 | -€30,965 | -68.2% |
| Profit (loss) for the period | 9904 | €130,580 | €43,926 | -€86,654 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €130,580 | €43,926 | -€86,654 | -66.4% |
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 7 October 2026 via checked.be.