DERMAK: 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.
DERMAK
Largest movements
- Receivables within one year +€364,411
up €364,411 (+255%), from €142,693 to €507,104
of which Trade receivables: +€381,603
- Cash -€159,761
down €159,761 (-91.3%), from €175,035 to €15,274
mainly Receivables within one year (-€364,411) and Tax, wage and social debts (-€9,796)
- Stocks and contracts -€65,504
down €65,504 (-22.4%), from €292,815 to €227,311
- Tangible fixed assets -€18,518
down €18,518 (-63.5%), from €29,185 to €10,667
of which Furniture and vehicles: -€17,418
- Profit (loss) carried forward +€131,482
up €131,482, from -€94,727 to €36,755
- Tax, wage and social debts -€9,796
down €9,796 (-22.2%), from €44,139 to €34,343
of which Taxes: -€7,006
- Turnover +€2.0m
new in 2024: €2.0m
- Purchases and services +€1.8m
new in 2024: €1.8m
- Gross operating margin +€170,829
up €170,829 (+562%), from €30,406 to €201,235
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €644,127 | €764,755 | +€120,628 | +18.7% |
| Fixed assets | 21/28 | €33,585 | €15,067 | -€18,518 | -55.1% |
| Tangible fixed assets | 22/27 | €29,185 | €10,667 | -€18,518 | -63.5% |
| Plant, machinery and equipment | 23 | €1,100 | - | -€1,100 | |
| Furniture and vehicles | 24 | €28,085 | €10,667 | -€17,418 | -62.0% |
| Financial fixed assets | 28 | €4,400 | €4,400 | = | 0.0% |
| Current assets | 29/58 | €610,543 | €749,689 | +€139,146 | +22.8% |
| Stocks and contracts in progress | 3 | €292,815 | €227,311 | -€65,504 | -22.4% |
| Stocks | 30/36 | €292,815 | €227,311 | -€65,504 | -22.4% |
| Amounts receivable within one year | 40/41 | €142,693 | €507,104 | +€364,411 | +255% |
| Trade receivables | 40 | €42,441 | €424,044 | +€381,603 | +899% |
| Other amounts receivable | 41 | €100,252 | €83,060 | -€17,192 | -17.1% |
| Cash at bank and in hand | 54/58 | €175,035 | €15,274 | -€159,761 | -91.3% |
| Total equity and liabilities | 10/49 | €644,127 | €764,755 | +€120,628 | +18.7% |
| Equity | 10/15 | -€75,727 | €55,755 | +€131,482 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,727 | €36,755 | +€131,482 | |
| Amounts payable | 17/49 | €719,854 | €709,000 | -€10,854 | -1.5% |
| Amounts payable within one year | 42/48 | €719,854 | €709,000 | -€10,854 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | - | €1,884 | +€1,884 | |
| Trade debts | 44 | €675,715 | €672,773 | -€2,942 | -0.4% |
| Suppliers | 440/4 | €675,715 | €672,773 | -€2,942 | -0.4% |
| Taxes, remuneration and social security | 45 | €44,139 | €34,343 | -€9,796 | -22.2% |
| Taxes | 450/3 | €41,349 | €34,343 | -€7,006 | -16.9% |
| Remuneration and social security | 454/9 | €2,791 | - | -€2,791 | |
| Turnover | 70 | - | €1,950,423 | +€2.0m | |
| Non-recurring operating income | 76A | €700 | - | -€700 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,753,889 | +€1.8m | |
| Remuneration, social security and pensions | 62 | €40,554 | €40,939 | +€385 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,209 | €14,500 | -€3,709 | -20.4% |
| Other operating charges | 640/8 | €3,383 | €4,997 | +€1,613 | +47.7% |
| Non-recurring operating charges | 66A | - | €8,718 | +€8,718 | |
| Gross operating margin | 9900 | €30,406 | €201,235 | +€170,829 | +562% |
| Operating profit (loss) | 9901 | -€31,740 | €132,081 | +€163,821 | |
| Financial charges | 65/66B | €108 | €599 | +€491 | +456% |
| Recurring financial charges | 65 | €108 | €599 | +€491 | +456% |
| Profit (loss) for the period before taxes | 9903 | -€31,848 | €131,482 | +€163,330 | |
| Profit (loss) for the period | 9904 | -€31,848 | €131,482 | +€163,330 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,848 | €131,482 | +€163,330 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.