DERVAUX EBENISTERIE: 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.
DERVAUX EBENISTERIE
Largest movements
- Cash +€41,662
up €41,662 (+62.3%), from €66,915 to €108,576
mainly Depreciation (+€93,161) and Net result for the year (+€48,696)
- Receivables within one year -€28,689
down €28,689 (-21.4%), from €134,278 to €105,589
of which Trade receivables: -€45,708
- Tangible fixed assets -€21,651
down €21,651 (-3.2%), from €675,289 to €653,637
of which Leasing and similar rights: -€22,896
- Stocks and contracts +€12,966
up €12,966 (+26.6%), from €48,790 to €61,756
- Reserves +€48,696
up €48,696 (+22.9%), from €212,936 to €261,632
of which Distributable reserves: +€46,031
- Debts after one year -€46,521
down €46,521 (-17.4%), from €267,474 to €220,953
- Tax, wage and social debts -€42,922
down €42,922 (-81.8%), from €52,470 to €9,548
of which Remuneration and social security: -€35,978
- Trade debts +€22,263
up €22,263 (+26.5%), from €83,973 to €106,236
- Accrued charges and deferred income +€16,813
new in 2025: €16,813
- Staff costs +€102,159
up €102,159 (+36.9%), from €276,964 to €379,123
- Gross operating margin +€78,884
up €78,884 (+16.5%), from €478,284 to €557,169
- Provisions -€55,900
down €55,900 (-100%), from €55,900 to €0
- Taxes +€12,103
up €12,103 (+120%), from €10,105 to €22,207
- Financial charges -€6,166
down €6,166 (-35.9%), from €17,162 to €10,996
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 | €1,017,667 | €1,018,885 | +€1,218 | +0.1% |
| Fixed assets | 21/28 | €690,204 | €660,796 | -€29,408 | -4.3% |
| Intangible fixed assets | 21 | €14,915 | €6,240 | -€8,676 | -58.2% |
| Tangible fixed assets | 22/27 | €675,289 | €653,637 | -€21,651 | -3.2% |
| Land and buildings | 22 | €529,804 | €511,617 | -€18,186 | -3.4% |
| Plant, machinery and equipment | 23 | €26,855 | €59,921 | +€33,066 | +123% |
| Furniture and vehicles | 24 | €72,851 | €59,217 | -€13,635 | -18.7% |
| Leasing and similar rights | 25 | €45,779 | €22,883 | -€22,896 | -50.0% |
| Financial fixed assets | 28 | - | €919 | +€919 | |
| Current assets | 29/58 | €327,463 | €358,090 | +€30,627 | +9.4% |
| Stocks and contracts in progress | 3 | €48,790 | €61,756 | +€12,966 | +26.6% |
| Stocks | 30/36 | €48,790 | €61,756 | +€12,966 | +26.6% |
| Amounts receivable within one year | 40/41 | €134,278 | €105,589 | -€28,689 | -21.4% |
| Trade receivables | 40 | €97,716 | €52,008 | -€45,708 | -46.8% |
| Other amounts receivable | 41 | €36,562 | €53,580 | +€17,018 | +46.5% |
| Current investments | 50/53 | €55,900 | €55,900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,915 | €108,576 | +€41,662 | +62.3% |
| Deferred charges and accrued income | 490/1 | €21,580 | €26,268 | +€4,689 | +21.7% |
| Total equity and liabilities | 10/49 | €1,017,667 | €1,018,885 | +€1,218 | +0.1% |
| Equity | 10/15 | €464,825 | €509,995 | +€45,170 | +9.7% |
| Contributions | 10/11 | €244,837 | €244,837 | = | 0.0% |
| Capital | 10 | €244,837 | €244,837 | = | 0.0% |
| Issued capital | 100 | €244,837 | €244,837 | = | 0.0% |
| Reserves | 13 | €212,936 | €261,632 | +€48,696 | +22.9% |
| Non-distributable reserves | 130/1 | €1,483 | €4,148 | +€2,665 | +180% |
| Legal reserve | 130 | €1,483 | €4,148 | +€2,665 | +180% |
| Distributable reserves | 133 | €211,453 | €257,484 | +€46,031 | +21.8% |
| Investment grants | 15 | €7,052 | €3,526 | -€3,526 | -50.0% |
| Provisions and deferred taxes | 16 | €55,900 | €55,900 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €55,900 | €55,900 | = | 0.0% |
| Other liabilities and charges | 164/5 | €55,900 | €55,900 | = | 0.0% |
| Amounts payable | 17/49 | €496,942 | €452,990 | -€43,951 | -8.8% |
| Amounts payable after more than one year | 17 | €267,474 | €220,953 | -€46,521 | -17.4% |
| Financial debts | 170/4 | €267,474 | €220,953 | -€46,521 | -17.4% |
| Amounts payable within one year | 42/48 | €229,468 | €215,224 | -€14,244 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €81,842 | €80,937 | -€906 | -1.1% |
| Trade debts | 44 | €83,973 | €106,236 | +€22,263 | +26.5% |
| Suppliers | 440/4 | €83,973 | €106,236 | +€22,263 | +26.5% |
| Advances received on contracts in progress | 46 | €10,763 | €16,564 | +€5,801 | +53.9% |
| Taxes, remuneration and social security | 45 | €52,470 | €9,548 | -€42,922 | -81.8% |
| Taxes | 450/3 | €16,492 | €9,548 | -€6,944 | -42.1% |
| Remuneration and social security | 454/9 | €35,978 | €0 | -€35,978 | -100% |
| Other amounts payable | 47/48 | €420 | €1,940 | +€1,520 | +362% |
| Accrued charges and deferred income | 492/3 | - | €16,813 | +€16,813 | |
| Remuneration, social security and pensions | 62 | €276,964 | €379,123 | +€102,159 | +36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,290 | €93,161 | +€4,871 | +5.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €55,900 | €0 | -€55,900 | -100% |
| Other operating charges | 640/8 | €8,804 | €9,151 | +€347 | +3.9% |
| Gross operating margin | 9900 | €478,284 | €557,169 | +€78,884 | +16.5% |
| Operating profit (loss) | 9901 | €48,326 | €75,733 | +€27,407 | +56.7% |
| Financial income | 75/76B | €6,046 | €6,167 | +€121 | +2.0% |
| Recurring financial income | 75 | €6,046 | €6,167 | +€121 | +2.0% |
| Financial charges | 65/66B | €17,162 | €10,996 | -€6,166 | -35.9% |
| Recurring financial charges | 65 | €17,162 | €10,996 | -€6,166 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €37,210 | €70,903 | +€33,694 | +90.6% |
| Income taxes | 67/77 | €10,105 | €22,207 | +€12,103 | +120% |
| Profit (loss) for the period | 9904 | €27,105 | €48,696 | +€21,591 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,105 | €48,696 | +€21,591 | +79.7% |
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 26 October 2026 via checked.be.