DERY CONSULT: 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.
DERY CONSULT
Largest movements
- Cash -€75,472
down €75,472 (-79.8%), from €94,551 to €19,079
mainly Contributions, distributions and other (-€60,000) and Other debts (-€50,505)
- Tangible fixed assets +€45,023
up €45,023 (+1,200%), from €3,752 to €48,774
- Receivables within one year -€12,686
down €12,686 (-17.5%), from €72,682 to €59,997
of which Other amounts receivable: -€8,089
- Profit (loss) carried forward +€58,212
up €58,212 (+37,380%), from €156 to €58,368
- Other debts -€50,505
down €50,505 (-57.2%), from €88,325 to €37,820
- Reserves -€48,000
down €48,000 (-96.1%), from €49,944 to €1,944
of which Distributable reserves: -€48,000
- Tax, wage and social debts -€5,956
down €5,956 (-69.1%), from €8,619 to €2,662
of which Taxes: -€5,956
- Accrued charges and deferred income +€3,174
up €3,174 (+80.9%), from €3,922 to €7,096
- Depreciation -€5,546
down €5,546 (-54.8%), from €10,117 to €4,571
- Gross operating margin +€4,213
up €4,213 (+4.3%), from €97,878 to €102,091
- Taxes +€2,347
up €2,347 (+10.7%), from €21,873 to €24,220
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 | €172,124 | €128,990 | -€43,135 | -25.1% |
| Fixed assets | 21/28 | €4,892 | €49,914 | +€45,023 | +920% |
| Tangible fixed assets | 22/27 | €3,752 | €48,774 | +€45,023 | +1,200% |
| Furniture and vehicles | 24 | €3,752 | €48,774 | +€45,023 | +1,200% |
| Financial fixed assets | 28 | €1,140 | €1,140 | = | 0.0% |
| Current assets | 29/58 | €167,233 | €79,075 | -€88,157 | -52.7% |
| Amounts receivable within one year | 40/41 | €72,682 | €59,997 | -€12,686 | -17.5% |
| Trade receivables | 40 | €53,167 | €48,571 | -€4,596 | -8.6% |
| Other amounts receivable | 41 | €19,515 | €11,426 | -€8,089 | -41.5% |
| Cash at bank and in hand | 54/58 | €94,551 | €19,079 | -€75,472 | -79.8% |
| Total equity and liabilities | 10/49 | €172,124 | €128,990 | -€43,135 | -25.1% |
| Equity | 10/15 | €68,700 | €78,912 | +€10,212 | +14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,944 | €1,944 | -€48,000 | -96.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €84 | €84 | = | 0.0% |
| Distributable reserves | 133 | €48,000 | - | -€48,000 | |
| Profit (loss) carried forward | 14 | €156 | €58,368 | +€58,212 | +37,380% |
| Provisions and deferred taxes | 16 | €2,500 | €2,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,500 | €2,500 | = | 0.0% |
| Major repairs and maintenance | 162 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable | 17/49 | €100,925 | €47,578 | -€53,346 | -52.9% |
| Amounts payable within one year | 42/48 | €97,002 | €40,482 | -€56,520 | -58.3% |
| Trade debts | 44 | €58 | - | -€58 | |
| Suppliers | 440/4 | €58 | - | -€58 | |
| Taxes, remuneration and social security | 45 | €8,619 | €2,662 | -€5,956 | -69.1% |
| Taxes | 450/3 | €8,619 | €2,662 | -€5,956 | -69.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €88,325 | €37,820 | -€50,505 | -57.2% |
| Accrued charges and deferred income | 492/3 | €3,922 | €7,096 | +€3,174 | +80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,117 | €4,571 | -€5,546 | -54.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €1,036 | - | -€1,036 | |
| Gross operating margin | 9900 | €97,878 | €102,091 | +€4,213 | +4.3% |
| Operating profit (loss) | 9901 | €86,220 | €97,001 | +€10,781 | +12.5% |
| Financial charges | 65/66B | €1,839 | €2,569 | +€730 | +39.7% |
| Recurring financial charges | 65 | €1,839 | €2,569 | +€730 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €84,380 | €94,431 | +€10,051 | +11.9% |
| Income taxes | 67/77 | €21,873 | €24,220 | +€2,347 | +10.7% |
| Profit (loss) for the period | 9904 | €62,508 | €70,212 | +€7,704 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,508 | €70,212 | +€7,704 | +12.3% |
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 20 October 2026 via checked.be.