DERTIEN: 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.
DERTIEN
Largest movements
- Cash +€44,530
up €44,530 (+149.2%), from €29,853 to €74,383
mainly Net result for the year (+€59,590) and Depreciation (+€1,964)
- Current investments +€20,000
up €20,000 (+50.0%), from €40,000 to €60,000
- Tangible fixed assets -€1,964
down €1,964 (-53.9%), from €3,642 to €1,678
- Reserves +€59,590
up €59,590 (+76.0%), from €78,367 to €137,957
- Gross operating margin -€24,190
down €24,190 (-23.6%), from €102,553 to €78,363
- Taxes -€4,752
down €4,752 (-22.6%), from €21,052 to €16,301
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 | €106,686 | €170,011 | +€63,324 | +59.4% |
| Fixed assets | 21/28 | €3,642 | €1,678 | -€1,964 | -53.9% |
| Tangible fixed assets | 22/27 | €3,642 | €1,678 | -€1,964 | -53.9% |
| Furniture and vehicles | 24 | €3,642 | €1,678 | -€1,964 | -53.9% |
| Current assets | 29/58 | €103,044 | €168,333 | +€65,289 | +63.4% |
| Amounts receivable within one year | 40/41 | €33,191 | €33,903 | +€712 | +2.1% |
| Trade receivables | 40 | €33,191 | €30,204 | -€2,988 | -9.0% |
| Other amounts receivable | 41 | - | €3,699 | +€3,699 | |
| Current investments | 50/53 | €40,000 | €60,000 | +€20,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €29,853 | €74,383 | +€44,530 | +149.2% |
| Deferred charges and accrued income | 490/1 | - | €47 | +€47 | |
| Total equity and liabilities | 10/49 | €106,686 | €170,011 | +€63,324 | +59.4% |
| Equity | 10/15 | €82,367 | €141,957 | +€59,590 | +72.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €78,367 | €137,957 | +€59,590 | +76.0% |
| Distributable reserves | 133 | €78,367 | €137,957 | +€59,590 | +76.0% |
| Amounts payable | 17/49 | €24,319 | €28,054 | +€3,734 | +15.4% |
| Amounts payable within one year | 42/48 | €24,319 | €28,054 | +€3,734 | +15.4% |
| Trade debts | 44 | €702 | €2,022 | +€1,320 | +188.1% |
| Suppliers | 440/4 | €702 | €2,022 | +€1,320 | +188.1% |
| Taxes, remuneration and social security | 45 | €6,400 | €7,413 | +€1,013 | +15.8% |
| Taxes | 450/3 | €6,400 | €7,413 | +€1,013 | +15.8% |
| Other amounts payable | 47/48 | €17,218 | €18,619 | +€1,401 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,250 | €1,964 | -€286 | -12.7% |
| Other operating charges | 640/8 | €772 | €465 | -€306 | -39.7% |
| Gross operating margin | 9900 | €102,553 | €78,363 | -€24,190 | -23.6% |
| Operating profit (loss) | 9901 | €99,530 | €75,933 | -€23,597 | -23.7% |
| Financial charges | 65/66B | €111 | €42 | -€69 | -61.9% |
| Recurring financial charges | 65 | €111 | €42 | -€69 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €99,419 | €75,891 | -€23,528 | -23.7% |
| Income taxes | 67/77 | €21,052 | €16,301 | -€4,752 | -22.6% |
| Profit (loss) for the period | 9904 | €78,367 | €59,590 | -€18,777 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €78,367 | €59,590 | -€18,777 | -24.0% |
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 30 September 2026 via checked.be.