DERUDDERE: 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.
DERUDDERE
Largest movements
- Current investments +€38,871
up €38,871, from €0 to €38,871
- Cash -€29,948
down €29,948 (-52.5%), from €57,051 to €27,103
mainly Current investments (-€38,871) and Contributions, distributions and other (-€13,216)
- Tangible fixed assets -€2,448
down €2,448 (-34.5%), from €7,104 to €4,656
of which Plant, machinery and equipment: -€1,432
- Receivables within one year -€2,328
down €2,328 (-96.8%), from €2,406 to €77
of which Trade receivables: -€1,771
- Other debts +€11,550
up €11,550 (+693.3%), from €1,666 to €13,216
- Reserves -€4,558
down €4,558 (-10.6%), from €43,031 to €38,473
- Trade debts -€2,161
down €2,161 (-98.5%), from €2,193 to €32
- Depreciation -€8,286
down €8,286 (-77.2%), from €10,734 to €2,448
- Gross operating margin -€2,523
down €2,523 (-13.1%), from €19,269 to €16,746
- Taxes +€1,300
up €1,300 (+37.6%), from €3,454 to €4,754
- Financial income +€653
up €653 (+435.0%), from €150 to €804
- Other operating charges -€632
down €632 (-27.9%), from €2,263 to €1,632
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 | €67,461 | €71,553 | +€4,092 | +6.1% |
| Fixed assets | 21/28 | €7,104 | €4,656 | -€2,448 | -34.5% |
| Tangible fixed assets | 22/27 | €7,104 | €4,656 | -€2,448 | -34.5% |
| Plant, machinery and equipment | 23 | €4,746 | €3,314 | -€1,432 | -30.2% |
| Furniture and vehicles | 24 | €2,358 | €1,343 | -€1,016 | -43.1% |
| Current assets | 29/58 | €60,357 | €66,897 | +€6,540 | +10.8% |
| Amounts receivable within one year | 40/41 | €2,406 | €77 | -€2,328 | -96.8% |
| Trade receivables | 40 | €1,849 | €77 | -€1,771 | -95.8% |
| Other amounts receivable | 41 | €557 | €0 | -€557 | -100.0% |
| Current investments | 50/53 | €0 | €38,871 | +€38,871 | |
| Cash at bank and in hand | 54/58 | €57,051 | €27,103 | -€29,948 | -52.5% |
| Deferred charges and accrued income | 490/1 | €900 | €846 | -€54 | -6.0% |
| Total equity and liabilities | 10/49 | €67,461 | €71,553 | +€4,092 | +6.1% |
| Equity | 10/15 | €61,631 | €57,073 | -€4,558 | -7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,031 | €38,473 | -€4,558 | -10.6% |
| Distributable reserves | 133 | €43,031 | €38,473 | -€4,558 | -10.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,830 | €14,480 | +€8,650 | +148.4% |
| Amounts payable within one year | 42/48 | €5,084 | €14,008 | +€8,924 | +175.5% |
| Trade debts | 44 | €2,193 | €32 | -€2,161 | -98.5% |
| Suppliers | 440/4 | €2,193 | €32 | -€2,161 | -98.5% |
| Taxes, remuneration and social security | 45 | €1,226 | €760 | -€466 | -38.0% |
| Taxes | 450/3 | €1,226 | €760 | -€466 | -38.0% |
| Other amounts payable | 47/48 | €1,666 | €13,216 | +€11,550 | +693.3% |
| Accrued charges and deferred income | 492/3 | €746 | €472 | -€274 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,734 | €2,448 | -€8,286 | -77.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€573 | €0 | +€573 | |
| Other operating charges | 640/8 | €2,263 | €1,632 | -€632 | -27.9% |
| Gross operating margin | 9900 | €19,269 | €16,746 | -€2,523 | -13.1% |
| Operating profit (loss) | 9901 | €6,845 | €12,666 | +€5,822 | +85.0% |
| Financial income | 75/76B | €150 | €804 | +€653 | +435.0% |
| Recurring financial income | 75 | €150 | €804 | +€653 | +435.0% |
| Financial charges | 65/66B | €42 | €58 | +€15 | +35.9% |
| Recurring financial charges | 65 | €42 | €58 | +€15 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €6,953 | €13,412 | +€6,460 | +92.9% |
| Income taxes | 67/77 | €3,454 | €4,754 | +€1,300 | +37.6% |
| Profit (loss) for the period | 9904 | €3,499 | €8,658 | +€5,160 | +147.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,499 | €8,658 | +€5,160 | +147.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.