AS DRAMAIS: 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.
AS DRAMAIS
Largest movements
- Cash +€45,260
up €45,260 (+59.0%), from €76,703 to €121,963
mainly Receivables within one year (+€30,997) and Depreciation (+€16,020)
- Receivables within one year -€30,997
down €30,997 (-71.8%), from €43,147 to €12,150
of which Trade receivables: -€33,547
- Tangible fixed assets -€16,020
down €16,020 (-37.1%), from €43,192 to €27,173
of which Furniture and vehicles: -€15,820
- Receivables after one year -€9,600
down €9,600 (-19.1%), from €50,300 to €40,700
- Deferred charges and accrued income -€6,036
down €6,036 (-48.3%), from €12,490 to €6,454
- Debts after one year -€8,218
down €8,218 (-43.4%), from €18,937 to €10,719
- Tax, wage and social debts -€5,270
down €5,270 (-59.3%), from €8,885 to €3,615
of which Taxes: -€5,270
- Gross operating margin -€42,616
down €42,616 (-54.6%), from €78,015 to €35,399
- Taxes -€11,556
down €11,556 (-65.7%), from €17,586 to €6,030
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 | €239,211 | €222,003 | -€17,208 | -7.2% |
| Fixed assets | 21/28 | €44,992 | €28,973 | -€16,020 | -35.6% |
| Tangible fixed assets | 22/27 | €43,192 | €27,173 | -€16,020 | -37.1% |
| Furniture and vehicles | 24 | €41,554 | €25,734 | -€15,820 | -38.1% |
| Other tangible fixed assets | 26 | €1,638 | €1,438 | -€200 | -12.2% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €194,219 | €193,030 | -€1,188 | -0.6% |
| Amounts receivable after more than one year | 29 | €50,300 | €40,700 | -€9,600 | -19.1% |
| Other amounts receivable | 291 | €50,300 | €40,700 | -€9,600 | -19.1% |
| Amounts receivable within one year | 40/41 | €43,147 | €12,150 | -€30,997 | -71.8% |
| Trade receivables | 40 | €33,547 | €0 | -€33,547 | -100% |
| Other amounts receivable | 41 | €9,600 | €12,150 | +€2,550 | +26.6% |
| Current investments | 50/53 | €11,578 | €11,763 | +€185 | +1.6% |
| Cash at bank and in hand | 54/58 | €76,703 | €121,963 | +€45,260 | +59.0% |
| Deferred charges and accrued income | 490/1 | €12,490 | €6,454 | -€6,036 | -48.3% |
| Total equity and liabilities | 10/49 | €239,211 | €222,003 | -€17,208 | -7.2% |
| Equity | 10/15 | €201,312 | €199,180 | -€2,132 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €142,371 | €140,171 | -€2,200 | -1.5% |
| Tax-exempt reserves | 132 | €18,511 | €18,511 | = | 0.0% |
| Distributable reserves | 133 | €123,860 | €121,660 | -€2,200 | -1.8% |
| Profit (loss) carried forward | 14 | €40,340 | €40,408 | +€68 | +0.2% |
| Amounts payable | 17/49 | €37,899 | €22,823 | -€15,076 | -39.8% |
| Amounts payable after more than one year | 17 | €18,937 | €10,719 | -€8,218 | -43.4% |
| Financial debts | 170/4 | €18,937 | €10,719 | -€8,218 | -43.4% |
| Amounts payable within one year | 42/48 | €18,896 | €12,037 | -€6,859 | -36.3% |
| Current portion of amounts payable after more than one year | 42 | €7,914 | €8,218 | +€305 | +3.8% |
| Trade debts | 44 | €289 | €204 | -€85 | -29.4% |
| Suppliers | 440/4 | €289 | €204 | -€85 | -29.4% |
| Taxes, remuneration and social security | 45 | €8,885 | €3,615 | -€5,270 | -59.3% |
| Taxes | 450/3 | €8,885 | €3,615 | -€5,270 | -59.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,808 | €0 | -€1,808 | -100% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,119 | €16,020 | -€99 | -0.6% |
| Other operating charges | 640/8 | €682 | €703 | +€22 | +3.2% |
| Gross operating margin | 9900 | €78,015 | €35,399 | -€42,616 | -54.6% |
| Operating profit (loss) | 9901 | €61,214 | €18,676 | -€42,538 | -69.5% |
| Financial income | 75/76B | €194 | €185 | -€8 | -4.3% |
| Recurring financial income | 75 | €194 | €185 | -€8 | -4.3% |
| Financial charges | 65/66B | €1,308 | €964 | -€344 | -26.3% |
| Recurring financial charges | 65 | €1,308 | €964 | -€344 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €60,100 | €17,898 | -€42,202 | -70.2% |
| Income taxes | 67/77 | €17,586 | €6,030 | -€11,556 | -65.7% |
| Profit (loss) for the period | 9904 | €42,514 | €11,868 | -€30,646 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,514 | €11,868 | -€30,646 | -72.1% |
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 17 October 2026 via checked.be.