DERUCOM: 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.
DERUCOM
Largest movements
- Receivables within one year -€24,791
down €24,791 (-91.5%), from €27,084 to €2,294
of which Trade receivables: -€12,498
- Cash -€19,062
down €19,062 (-39.0%), from €48,889 to €29,826
mainly Contributions, distributions and other (-€79,034) and Debts after one year (-€10,368)
- Tangible fixed assets -€3,073
down €3,073 (-5.9%), from €52,172 to €49,099
of which Plant, machinery and equipment: -€3,570
- Deferred charges and accrued income +€1,477
new in 2025: €1,477
- Reserves -€27,665
down €27,665 (-93.7%), from €29,525 to €1,860
- Debts after one year -€10,368
down €10,368 (-50.8%), from €20,419 to €10,051
- Trade debts -€6,050
down €6,050 (-76.7%), from €7,890 to €1,841
- Tax, wage and social debts -€3,228
down €3,228 (-34.4%), from €9,385 to €6,156
- Other debts +€2,008
up €2,008 (+4.1%), from €49,361 to €51,369
- Gross operating margin +€4,895
up €4,895 (+6.7%), from €73,308 to €78,203
- Financial income -€1,190
down €1,190 (-73.3%), from €1,624 to €434
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 | €128,645 | €82,696 | -€45,949 | -35.7% |
| Fixed assets | 21/28 | €52,672 | €49,099 | -€3,573 | -6.8% |
| Tangible fixed assets | 22/27 | €52,172 | €49,099 | -€3,073 | -5.9% |
| Plant, machinery and equipment | 23 | €39,264 | €35,695 | -€3,570 | -9.1% |
| Furniture and vehicles | 24 | €12,908 | €13,404 | +€496 | +3.8% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €75,973 | €33,597 | -€42,375 | -55.8% |
| Amounts receivable within one year | 40/41 | €27,084 | €2,294 | -€24,791 | -91.5% |
| Trade receivables | 40 | €12,498 | - | -€12,498 | |
| Other amounts receivable | 41 | €14,586 | €2,294 | -€12,293 | -84.3% |
| Cash at bank and in hand | 54/58 | €48,889 | €29,826 | -€19,062 | -39.0% |
| Deferred charges and accrued income | 490/1 | - | €1,477 | +€1,477 | |
| Total equity and liabilities | 10/49 | €128,645 | €82,696 | -€45,949 | -35.7% |
| Equity | 10/15 | €29,525 | €1,860 | -€27,665 | -93.7% |
| Reserves | 13 | €29,525 | €1,860 | -€27,665 | -93.7% |
| Distributable reserves | 133 | €29,525 | €1,860 | -€27,665 | -93.7% |
| Amounts payable | 17/49 | €99,120 | €80,836 | -€18,283 | -18.4% |
| Amounts payable after more than one year | 17 | €20,419 | €10,051 | -€10,368 | -50.8% |
| Financial debts | 170/4 | €20,419 | €10,051 | -€10,368 | -50.8% |
| Amounts payable within one year | 42/48 | €76,415 | €69,734 | -€6,681 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €9,779 | €10,368 | +€589 | +6.0% |
| Trade debts | 44 | €7,890 | €1,841 | -€6,050 | -76.7% |
| Suppliers | 440/4 | €7,890 | €1,841 | -€6,050 | -76.7% |
| Taxes, remuneration and social security | 45 | €9,385 | €6,156 | -€3,228 | -34.4% |
| Taxes | 450/3 | €9,385 | €6,156 | -€3,228 | -34.4% |
| Other amounts payable | 47/48 | €49,361 | €51,369 | +€2,008 | +4.1% |
| Accrued charges and deferred income | 492/3 | €2,286 | €1,051 | -€1,234 | -54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,482 | €8,004 | +€522 | +7.0% |
| Other operating charges | 640/8 | €775 | €1,391 | +€616 | +79.4% |
| Gross operating margin | 9900 | €73,308 | €78,203 | +€4,895 | +6.7% |
| Operating profit (loss) | 9901 | €65,051 | €68,808 | +€3,758 | +5.8% |
| Financial income | 75/76B | €1,624 | €434 | -€1,190 | -73.3% |
| Recurring financial income | 75 | €1,624 | €434 | -€1,190 | -73.3% |
| Financial charges | 65/66B | €2,929 | €3,602 | +€673 | +23.0% |
| Recurring financial charges | 65 | €2,929 | €3,602 | +€673 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €63,745 | €65,641 | +€1,895 | +3.0% |
| Income taxes | 67/77 | €14,385 | €14,272 | -€113 | -0.8% |
| Profit (loss) for the period | 9904 | €49,361 | €51,369 | +€2,008 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,361 | €51,369 | +€2,008 | +4.1% |
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 24 October 2026 via checked.be.