MAILCENTER DERWAE: 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.
MAILCENTER DERWAE
Largest movements
- Cash -€84,093
down €84,093 (-59.6%), from €141,081 to €56,988
mainly Contributions, distributions and other (-€70,294) and Other debts (-€60,250)
- Receivables within one year -€10,716
down €10,716 (-20.7%), from €51,795 to €41,080
of which Trade receivables: -€9,380
- Tangible fixed assets -€5,726
down €5,726 (-33.2%), from €17,224 to €11,498
of which Furniture and vehicles: -€7,422
- Financial fixed assets +€3,750
new in 2025: €3,750
- Other debts -€60,250
down €60,250 (-66.9%), from €90,000 to €29,750
- Tax, wage and social debts -€24,241
down €24,241 (-65.4%), from €37,059 to €12,818
- Trade debts -€6,645
down €6,645 (-24.7%), from €26,902 to €20,256
- Short-term financial debts -€5,000
down €5,000 (-14.3%), from €35,000 to €30,000
- Gross operating margin -€13,970
down €13,970 (-11.8%), from €118,412 to €104,442
- Depreciation +€5,328
up €5,328 (+175%), from €3,051 to €8,379
- Taxes -€4,681
down €4,681 (-15.9%), from €29,439 to €24,758
- Financial charges -€1,737
down €1,737 (-61.3%), from €2,835 to €1,098
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 | €214,705 | €117,750 | -€96,955 | -45.2% |
| Fixed assets | 21/28 | €17,224 | €15,248 | -€1,976 | -11.5% |
| Tangible fixed assets | 22/27 | €17,224 | €11,498 | -€5,726 | -33.2% |
| Plant, machinery and equipment | 23 | €2,075 | €3,771 | +€1,696 | +81.7% |
| Furniture and vehicles | 24 | €15,149 | €7,727 | -€7,422 | -49.0% |
| Financial fixed assets | 28 | - | €3,750 | +€3,750 | |
| Current assets | 29/58 | €197,481 | €102,503 | -€94,979 | -48.1% |
| Amounts receivable within one year | 40/41 | €51,795 | €41,080 | -€10,716 | -20.7% |
| Trade receivables | 40 | €37,241 | €27,862 | -€9,380 | -25.2% |
| Other amounts receivable | 41 | €14,554 | €13,218 | -€1,336 | -9.2% |
| Cash at bank and in hand | 54/58 | €141,081 | €56,988 | -€84,093 | -59.6% |
| Deferred charges and accrued income | 490/1 | €4,605 | €4,435 | -€170 | -3.7% |
| Total equity and liabilities | 10/49 | €214,705 | €117,750 | -€96,955 | -45.2% |
| Equity | 10/15 | €25,722 | €24,926 | -€795 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,122 | €6,326 | -€795 | -11.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €5,262 | €6,326 | +€1,065 | +20.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €188,984 | €92,824 | -€96,160 | -50.9% |
| Amounts payable within one year | 42/48 | €188,960 | €92,824 | -€96,136 | -50.9% |
| Financial debts | 43 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Credit institutions | 430/8 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Trade debts | 44 | €26,902 | €20,256 | -€6,645 | -24.7% |
| Suppliers | 440/4 | €26,902 | €20,256 | -€6,645 | -24.7% |
| Taxes, remuneration and social security | 45 | €37,059 | €12,818 | -€24,241 | -65.4% |
| Taxes | 450/3 | €37,059 | €12,818 | -€24,241 | -65.4% |
| Other amounts payable | 47/48 | €90,000 | €29,750 | -€60,250 | -66.9% |
| Accrued charges and deferred income | 492/3 | €23 | €0 | -€23 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,051 | €8,379 | +€5,328 | +175% |
| Other operating charges | 640/8 | €764 | €1,178 | +€414 | +54.2% |
| Gross operating margin | 9900 | €118,412 | €104,442 | -€13,970 | -11.8% |
| Operating profit (loss) | 9901 | €114,598 | €94,886 | -€19,712 | -17.2% |
| Financial income | 75/76B | €396 | €469 | +€73 | +18.5% |
| Recurring financial income | 75 | €396 | €469 | +€73 | +18.5% |
| Financial charges | 65/66B | €2,835 | €1,098 | -€1,737 | -61.3% |
| Recurring financial charges | 65 | €2,835 | €1,098 | -€1,737 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | €112,159 | €94,257 | -€17,902 | -16.0% |
| Income taxes | 67/77 | €29,439 | €24,758 | -€4,681 | -15.9% |
| Profit (loss) for the period | 9904 | €82,720 | €69,499 | -€13,221 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,720 | €69,499 | -€13,221 | -16.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.