DERUYTTERE: 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.
What changed
DERUYTTERE
NACE 01.610, Support activities for crop production
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€208,056
2024 · €62,393+€145,663
Equity
€1.3m
2024 · €1.1m+€208,056
Cash
€294,373
2024 · €176,640+€117,734
Balance sheet total
€2.7m
2024 · €2.5m+€239,020
Largest movements
Assets
- Cash +€117,734
up €117,734 (+66.7%), from €176,640 to €294,373
mainly Depreciation (+€322,645) and Net result for the year (+€208,056)
- Tangible fixed assets +€104,263
up €104,263 (+6.4%), from €1.6m to €1.7m
of which Plant, machinery and equipment: +€159,872
Equity and liabilities
- Reserves +€206,974
up €206,974 (+40.1%), from €515,950 to €722,924
of which Distributable reserves: +€120,000
- Debts after one year +€83,893
up €83,893 (+10.9%), from €766,153 to €850,046
- Current portion of long-term debt -€63,327
down €63,327 (-23.3%), from €272,292 to €208,965
Income statement
- Gross operating margin +€224,611
up €224,611 (+40.7%), from €551,566 to €776,177
- Depreciation +€37,639
up €37,639 (+13.2%), from €285,005 to €322,645
- Taxes +€30,022
up €30,022 (+361%), from €8,321 to €38,343
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
€62,393
Gross operating margin
+€224,611
Staff costs
+€4,012
Depreciation
-€37,639
Other operating charges
-€5
Financial income
+€1,019
Financial charges
-€3,169
Taxes
-€30,022
Deferred taxes and other
-€13,144
Result 2025
€208,056
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€511,366
Investment
-€414,198
Financing
+€20,565
Cash 2024
€176,640
From operations (derived)
+€511,366
Net result for the year
+€208,056
Depreciation
+€322,645
Stocks and contracts
-€2,716
Receivables within one year
-€25,149
Deferred charges and accrued income
-€1,868
Provisions
+€21,744
Trade debts
-€16,583
Tax, wage and social debts
+€2,917
Other debts
+€2,321
Investment (derived)
-€414,198
Investment in fixed assets (net)
-€426,907
Current investments
+€12,710
Financing
+€20,565
Debts after one year
+€83,893
Current portion of long-term debt
-€63,327
Cash 2025
€294,373
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,456,734 | €2,695,754 | +€239,020 | +9.7% |
| Fixed assets | 21/28 | €1,632,107 | €1,736,370 | +€104,263 | +6.4% |
| Tangible fixed assets | 22/27 | €1,631,957 | €1,736,220 | +€104,263 | +6.4% |
| Land and buildings | 22 | €380,717 | €349,635 | -€31,083 | -8.2% |
| Plant, machinery and equipment | 23 | €1,182,808 | €1,342,680 | +€159,872 | +13.5% |
| Furniture and vehicles | 24 | €68,431 | €43,905 | -€24,526 | -35.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €824,627 | €959,384 | +€134,757 | +16.3% |
| Stocks and contracts in progress | 3 | €148,643 | €151,358 | +€2,716 | +1.8% |
| Stocks | 30/36 | €148,643 | €151,358 | +€2,716 | +1.8% |
| Amounts receivable within one year | 40/41 | €172,636 | €197,785 | +€25,149 | +14.6% |
| Trade receivables | 40 | €76,277 | €186,125 | +€109,848 | +144% |
| Other amounts receivable | 41 | €96,359 | €11,660 | -€84,699 | -87.9% |
| Current investments | 50/53 | €312,000 | €299,290 | -€12,710 | -4.1% |
| Cash at bank and in hand | 54/58 | €176,640 | €294,373 | +€117,734 | +66.7% |
| Deferred charges and accrued income | 490/1 | €14,709 | €16,578 | +€1,868 | +12.7% |
| Total equity and liabilities | 10/49 | €2,456,734 | €2,695,754 | +€239,020 | +9.7% |
| Equity | 10/15 | €1,137,347 | €1,345,402 | +€208,056 | +18.3% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €515,950 | €722,924 | +€206,974 | +40.1% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,400 | €121,374 | +€86,974 | +253% |
| Distributable reserves | 133 | €469,150 | €589,150 | +€120,000 | +25.6% |
| Profit (loss) carried forward | 14 | €497,397 | €498,478 | +€1,081 | +0.2% |
| Provisions and deferred taxes | 16 | €8,600 | €30,344 | +€21,744 | +253% |
| Deferred taxes | 168 | €8,600 | €30,344 | +€21,744 | +253% |
| Amounts payable | 17/49 | €1,310,788 | €1,320,009 | +€9,221 | +0.7% |
| Amounts payable after more than one year | 17 | €766,153 | €850,046 | +€83,893 | +10.9% |
| Financial debts | 170/4 | €766,153 | €850,046 | +€83,893 | +10.9% |
| Amounts payable within one year | 42/48 | €544,635 | €469,963 | -€74,672 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €272,292 | €208,965 | -€63,327 | -23.3% |
| Trade debts | 44 | €163,791 | €147,208 | -€16,583 | -10.1% |
| Suppliers | 440/4 | €163,791 | €147,208 | -€16,583 | -10.1% |
| Taxes, remuneration and social security | 45 | €30,905 | €33,822 | +€2,917 | +9.4% |
| Taxes | 450/3 | €9,378 | €16,576 | +€7,198 | +76.8% |
| Remuneration and social security | 454/9 | €21,527 | €17,246 | -€4,281 | -19.9% |
| Other amounts payable | 47/48 | €77,647 | €79,968 | +€2,321 | +3.0% |
| Remuneration, social security and pensions | 62 | €157,792 | €153,781 | -€4,012 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285,005 | €322,645 | +€37,639 | +13.2% |
| Other operating charges | 640/8 | €6,570 | €6,575 | +€5 | +0.1% |
| Gross operating margin | 9900 | €551,566 | €776,177 | +€224,611 | +40.7% |
| Operating profit (loss) | 9901 | €102,197 | €293,176 | +€190,979 | +187% |
| Financial income | 75/76B | €4,564 | €5,583 | +€1,019 | +22.3% |
| Recurring financial income | 75 | €4,564 | €5,583 | +€1,019 | +22.3% |
| Financial charges | 65/66B | €27,448 | €30,617 | +€3,169 | +11.5% |
| Recurring financial charges | 65 | €27,448 | €30,617 | +€3,169 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €79,314 | €268,142 | +€188,828 | +238% |
| Transfer from deferred taxes | 780 | €0 | €1,156 | +€1,156 | |
| Transfer to deferred taxes | 680 | €8,600 | €22,900 | +€14,300 | +166% |
| Income taxes | 67/77 | €8,321 | €38,343 | +€30,022 | +361% |
| Profit (loss) for the period | 9904 | €62,393 | €208,056 | +€145,663 | +233% |
| Transfer from tax-exempt reserves | 789 | €0 | €4,626 | +€4,626 | |
| Transfer to tax-exempt reserves | 689 | €34,400 | €91,600 | +€57,200 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €27,993 | €121,081 | +€93,089 | +333% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.