DR. DEREERE PAUL: 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.
DR. DEREERE PAUL
Largest movements
- Current investments +€130,000
up €130,000 (+43.3%), from €299,997 to €429,997
- Receivables within one year -€51,468
down €51,468 (-24.1%), from €213,900 to €162,432
- Tangible fixed assets -€12,626
down €12,626 (-27.1%), from €46,671 to €34,045
of which Furniture and vehicles: -€12,194
- Reserves +€70,943
up €70,943 (+10.0%), from €709,516 to €780,459
- Financial charges +€6,616
up €6,616, from -€6,572 to €44
- Financial income +€3,949
up €3,949 (+33.6%), from €11,760 to €15,709
- Taxes +€2,351
up €2,351 (+3.7%), from €63,722 to €66,073
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 | €753,403 | €817,166 | +€63,762 | +8.5% |
| Fixed assets | 21/28 | €46,671 | €34,045 | -€12,626 | -27.1% |
| Tangible fixed assets | 22/27 | €46,671 | €34,045 | -€12,626 | -27.1% |
| Plant, machinery and equipment | 23 | €4,852 | €4,420 | -€432 | -8.9% |
| Furniture and vehicles | 24 | €41,819 | €29,625 | -€12,194 | -29.2% |
| Current assets | 29/58 | €706,732 | €783,120 | +€76,388 | +10.8% |
| Amounts receivable within one year | 40/41 | €213,900 | €162,432 | -€51,468 | -24.1% |
| Other amounts receivable | 41 | €213,900 | €162,432 | -€51,468 | -24.1% |
| Current investments | 50/53 | €299,997 | €429,997 | +€130,000 | +43.3% |
| Cash at bank and in hand | 54/58 | €165,732 | €170,790 | +€5,058 | +3.1% |
| Deferred charges and accrued income | 490/1 | €27,102 | €19,901 | -€7,202 | -26.6% |
| Total equity and liabilities | 10/49 | €753,403 | €817,166 | +€63,762 | +8.5% |
| Equity | 10/15 | €721,916 | €792,859 | +€70,943 | +9.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €709,516 | €780,459 | +€70,943 | +10.0% |
| Distributable reserves | 133 | €709,516 | €780,459 | +€70,943 | +10.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €31,488 | €24,307 | -€7,181 | -22.8% |
| Amounts payable within one year | 42/48 | €29,932 | €21,776 | -€8,156 | -27.2% |
| Trade debts | 44 | €9,946 | €2,624 | -€7,322 | -73.6% |
| Suppliers | 440/4 | €9,946 | €2,624 | -€7,322 | -73.6% |
| Taxes, remuneration and social security | 45 | €18,508 | €19,152 | +€644 | +3.5% |
| Taxes | 450/3 | €18,508 | €19,152 | +€644 | +3.5% |
| Other amounts payable | 47/48 | €1,478 | €0 | -€1,478 | -100% |
| Accrued charges and deferred income | 492/3 | €1,556 | €2,531 | +€975 | +62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,626 | €12,626 | = | 0.0% |
| Other operating charges | 640/8 | €2,669 | €520 | -€2,149 | -80.5% |
| Non-recurring operating charges | 66A | €3,163 | €0 | -€3,163 | -100% |
| Gross operating margin | 9900 | €216,186 | €217,496 | +€1,310 | +0.6% |
| Operating profit (loss) | 9901 | €197,729 | €204,351 | +€6,622 | +3.3% |
| Financial income | 75/76B | €11,760 | €15,709 | +€3,949 | +33.6% |
| Recurring financial income | 75 | €11,760 | €15,709 | +€3,949 | +33.6% |
| Financial charges | 65/66B | -€6,572 | €44 | +€6,616 | |
| Recurring financial charges | 65 | -€6,572 | €44 | +€6,616 | |
| Profit (loss) for the period before taxes | 9903 | €216,061 | €220,016 | +€3,955 | +1.8% |
| Income taxes | 67/77 | €63,722 | €66,073 | +€2,351 | +3.7% |
| Profit (loss) for the period | 9904 | €152,339 | €153,943 | +€1,604 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €152,339 | €153,943 | +€1,604 | +1.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.