ALBERT DRIESSEN: 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.
ALBERT DRIESSEN
Largest movements
- Cash -€27,035
down €27,035 (-60.4%), from €44,796 to €17,761
mainly Net result for the year (-€28,824) and Accrued charges and deferred income (-€1,000)
- Deferred charges and accrued income -€511
down €511 (-100.0%), from €511 to €0
- Profit (loss) carried forward -€28,824
down €28,824 (-26.9%), from -€106,953 to -€135,776
- Trade debts +€2,277
up €2,277 (+26.8%), from €8,509 to €10,786
- Accrued charges and deferred income -€1,000
down €1,000 (-40.0%), from €2,500 to €1,500
- Write-downs -€242,678
down €242,678 (-100.0%), from €242,678 to €0
- Gross operating margin -€186,861
down €186,861, from €158,632 to -€28,229
- Financial income -€3,437
down €3,437 (-100.0%), from €3,437 to €0
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.
Cash bridge derived
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 | €45,308 | €17,761 | -€27,546 | -60.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €45,308 | €17,761 | -€27,546 | -60.8% |
| Cash at bank and in hand | 54/58 | €44,796 | €17,761 | -€27,035 | -60.4% |
| Deferred charges and accrued income | 490/1 | €511 | €0 | -€511 | -100.0% |
| Total equity and liabilities | 10/49 | €45,308 | €17,761 | -€27,546 | -60.8% |
| Equity | 10/15 | -€25,920 | -€54,744 | -€28,824 | -111.2% |
| Contributions | 10/11 | €75,225 | €75,225 | = | 0.0% |
| Reserves | 13 | €5,807 | €5,807 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,807 | €5,807 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,807 | €5,807 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,953 | -€135,776 | -€28,824 | -26.9% |
| Amounts payable | 17/49 | €71,228 | €72,505 | +€1,277 | +1.8% |
| Amounts payable within one year | 42/48 | €68,728 | €71,005 | +€2,277 | +3.3% |
| Trade debts | 44 | €8,509 | €10,786 | +€2,277 | +26.8% |
| Suppliers | 440/4 | €8,509 | €10,786 | +€2,277 | +26.8% |
| Other amounts payable | 47/48 | €60,219 | €60,219 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,500 | €1,500 | -€1,000 | -40.0% |
| Non-recurring operating income | 76A | €184,187 | €0 | -€184,187 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €242,678 | €0 | -€242,678 | -100.0% |
| Other operating charges | 640/8 | €1,100 | €520 | -€580 | -52.7% |
| Gross operating margin | 9900 | €158,632 | -€28,229 | -€186,861 | |
| Operating profit (loss) | 9901 | -€85,146 | -€28,749 | +€56,398 | +66.2% |
| Financial income | 75/76B | €3,437 | €0 | -€3,437 | -100.0% |
| Recurring financial income | 75 | €3,437 | €0 | -€3,437 | -100.0% |
| Financial charges | 65/66B | €88 | €75 | -€13 | -15.1% |
| Recurring financial charges | 65 | €88 | €75 | -€13 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | -€81,798 | -€28,824 | +€52,974 | +64.8% |
| Income taxes | 67/77 | €972 | €0 | -€972 | -100.0% |
| Profit (loss) for the period | 9904 | -€82,770 | -€28,824 | +€53,947 | +65.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,770 | -€28,824 | +€53,947 | +65.2% |
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 10 October 2026 via checked.be.